Civic Intelligence

Irt Theater Inc.

990EZ • Fiscal year 2018 • EIN 11-2831694

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 29, 2018

154 Christopher StreetNew York, NY 10014

(212) 206-6875

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

42nd percentile

0.1%

Higher net margin than 42% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

84th percentile

$20,000

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 20.9% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

31st percentile

-8.5%

Faster asset growth than 31% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

66th percentile

13%

Faster revenue growth than 66% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$59,340

Down $5,487 (-8.5%) from 2017

Net Assets

Up

$59,340

Up $88 (+0.1%) from 2017

Liabilities

Down

$0

Down $5,575 (-100%) from 2017

Revenue

Up

$95,683

Up $11,003 (+13%) from 2017

Expenses

Up

$95,595

Up $10,207 (+12%) from 2017

Net Income

Up

$88

Up $796 (+112%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2011: $56,746Liabilities 2011: $1,7582011Assets 2012: $58,830Liabilities 2012: $969Net Assets 2012: $57,8612012Assets 2013: $59,607Liabilities 2013: $0Net Assets 2013: $59,6072013Assets 2014: $74,804Liabilities 2014: $11,420Net Assets 2014: $63,3842014Assets 2015: $61,151Liabilities 2015: $0Net Assets 2015: $61,1512015Assets 2016: $59,960Liabilities 2016: $0Net Assets 2016: $59,9602016Assets 2017: $64,827Liabilities 2017: $5,575Net Assets 2017: $59,2522017Assets 2018: $59,340Liabilities 2018: $0Net Assets 2018: $59,3402018Assets 2019: $75,597Liabilities 2019: $0Net Assets 2019: $75,5972019Assets 2020: $143,765Liabilities 2020: $0Net Assets 2020: $143,7652020Assets 2021: $106,829Liabilities 2021: $205Net Assets 2021: $106,6242021Assets 2022: $117,988Liabilities 2022: $0Net Assets 2022: $117,9882022Assets 2023: $157,769Liabilities 2023: $0Net Assets 2023: $157,7692023Assets 2024: $290,787Liabilities 2024: $2,543Net Assets 2024: $288,2442024Assets 2025: $303,066Liabilities 2025: $4,789Net Assets 2025: $298,2772025

Highlighted filing

2018

Assets$59,340
Liabilities$0
Net Assets$59,340

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2011: $54,942Expenses 2011: $55,643Net Income 2011: -$7012011Revenue 2012: $42,032Expenses 2012: $39,159Net Income 2012: $2,8732012Revenue 2013: $40,448Expenses 2013: $38,702Net Income 2013: $1,7462013Revenue 2014: $63,293Expenses 2014: $59,516Net Income 2014: $3,7772014Revenue 2015: $69,064Expenses 2015: $71,297Net Income 2015: -$2,2332015Revenue 2016: $81,043Expenses 2016: $82,234Net Income 2016: -$1,1912016Revenue 2017: $84,680Expenses 2017: $85,388Net Income 2017: -$7082017Revenue 2018: $95,683Expenses 2018: $95,595Net Income 2018: $882018Revenue 2019: $151,369Expenses 2019: $135,112Net Income 2019: $16,2572019Revenue 2020: $175,767Expenses 2020: $107,599Net Income 2020: $68,1682020Revenue 2021: $78,159Expenses 2021: $115,300Net Income 2021: -$37,1412021Revenue 2022: $146,362Expenses 2022: $134,998Net Income 2022: $11,3642022Revenue 2023: $178,743Expenses 2023: $138,962Net Income 2023: $39,7812023Revenue 2024: $195,932Expenses 2024: $184,201Net Income 2024: $11,7312024Revenue 2025: $192,460Expenses 2025: $183,906Net Income 2025: $8,5542025

Highlighted filing

2018

Revenue$95,683
Expenses$95,595
Net Income$88
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 29, 2018
Return Version
2017v2.2
Gross Receipts
$95,683
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O-$50,138
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KORI RUSHTONExecutive DirectorPT$20,000-$20,000
COURTNEY ARMSTRONGPresidentPT$0--
MARISA KATZVice PresidentPT$0--
JOYCE O BRIENSecretaryPT$0--
MAUREEN HARTJETreasurerPT$0--
MICHAEL RUSHTONMemberPT$0--
KIM WEILDMemberPT$0--
AARON KUBEYMemberPT$0--
Filing and Contact Details

Filer

Filer Name
Irt Theater Inc
EIN
11-2831694
Address
154 CHRISTOPHER STREET, NEW YORK, NY 10014

Signing Officer

Name
Kori Rushton
Title
Executive Direc
Phone
2122066875
Signed
2018-10-29
Discuss with paid preparer
Yes

Preparer

Firm
Simply Un-Taxing
Address
20 Rimwood Lane, HOWELL, NJ 07731
Preparer
Joseph Caplan CPA
Phone
3476711853
Supplemental Narrative

Additional Explanations

General explanation attachment

Form 990 ez - part iii - program service accomplishments - since 2007, the organization has become a key resource for indy theater makers in new york, hosting radically affordable, full-immersion development residences for emerging and established artists. The organizations intimate performance space offers artists the flexibility and autonomy to mount full-bodied workshops and do robust technical experimentation, creating a supportive environment for taking risks and test-driving new work before adventurous audiences and potential producers. Form 990 ez - primary exempt purpose - to build a community of emerging and established artists by creating a home for the development and presentation of new artistic work.

Description of other expenses Part I line 16

Description amountdepreciation from 4562 9insurance 2,253payroll processing fee 2,357payroll taxes 1,850accounting 1,100marketing 360office supplies 1,402telephone & communication 1,280facility related expenses 1,132travel 3,073meals 596membership dues 166gifts 732bank charges 110licenses & fees 75costumes & props 55interpreter 1,638grant writers 2,200consulting 4,560development & education 3,849box office expense 11,271advertising 1,400admin 400tech direct 2,500prof fee 590actors 1,800director 2,124assistant directors 232stage personnel 300music 1,250photo 250theater supplies 1,050

Description of other assets Part II line 24

Category beginning of year end of yearfixed assets - net 7 0accounts receivable 5,961 991prepaid expenses 0 1,463

Description of total liabilities Part II line 26

Category beginning of year end of yeardeferred revenue 5,575 0

Raw XML Appendix196 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 EZ - PART III - PROGRAM SERVICE ACCOMPLISHMENTS - SINCE 2007, THE ORGANIZATION HAS BECOME A KEY RESOURCE FOR INDY THEATER MAKERS IN NEW YORK, HOSTING RADICALLY AFFORDABLE, FULL-IMMERSION DEVELOPMENT RESIDENCES FOR EMERGING AND ESTABLISHED ARTISTS. THE ORGANIZATIONS INTIMATE PERFORMANCE SPACE OFFERS ARTISTS THE FLEXIBILITY AND AUTONOMY TO MOUNT FULL-BODIED WORKSHOPS AND DO ROBUST TECHNICAL EXPERIMENTATION, CREATING A SUPPORTIVE ENVIRONMENT FOR TAKING RISKS AND TEST-DRIVING NEW WORK BEFORE ADVENTUROUS AUDIENCES AND POTENTIAL PRODUCERS. FORM 990 EZ - PRIMARY EXEMPT PURPOSE - TO BUILD A COMMUNITY OF EMERGING AND ESTABLISHED ARTISTS BY CREATING A HOME FOR THE DEVELOPMENT AND PRESENTATION OF NEW ARTISTIC WORK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTDEPRECIATION FROM 4562 9INSURANCE 2,253PAYROLL PROCESSING FEE 2,357PAYROLL TAXES 1,850ACCOUNTING 1,100MARKETING 360OFFICE SUPPLIES 1,402TELEPHONE & COMMUNICATION 1,280FACILITY RELATED EXPENSES 1,132TRAVEL 3,073MEALS 596MEMBERSHIP DUES 166GIFTS 732BANK CHARGES 110LICENSES & FEES 75COSTUMES & PROPS 55INTERPRETER 1,638GRANT WRITERS 2,200CONSULTING 4,560DEVELOPMENT & EDUCATION 3,849BOX OFFICE EXPENSE 11,271ADVERTISING 1,400ADMIN 400TECH DIRECT 2,500PROF FEE 590ACTORS 1,800DIRECTOR 2,124ASSISTANT DIRECTORS 232STAGE PERSONNEL 300MUSIC 1,250PHOTO 250THEATER SUPPLIES 1,050
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARFIXED ASSETS - NET 7 0ACCOUNTS RECEIVABLE 5,961 991PREPAID EXPENSES 0 1,463
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEARDEFERRED REVENUE 5,575 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
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ReturnHeader/Filer/EIN0112831694
ReturnHeader/Filer/USAddress/AddressLine1Txt0154 CHRISTOPHER STREET
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ReturnHeader/FilingSecurityInformation/IPTm021:39:05
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt020 Rimwood Lane
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOWELL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
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ReturnHeader/PreparerPersonGrp/PhoneNum03476711853
ReturnHeader/PreparerPersonGrp/PreparationDt02018-10-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joseph Caplan CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-10-28T21:41:38-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.03$0.05$2.98$1.92$1.84$0.09
2024Detailed filing. Detailed filing data is available for this year.$2.91$0.03$2.88$1.96$1.84$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.58$0.00$1.58$1.79$1.39$0.40
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.00$1.18$1.46$1.35$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.00$1.07$0.78$1.15$0.37
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.00$1.44$1.76$1.08$0.68
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.00$0.76$1.51$1.35$0.16
2018Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$0.96$0.96$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.65$0.06$0.59$0.85$0.85$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.00$0.60$0.81$0.82$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.00$0.61$0.69$0.71$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.75$0.11$0.63$0.63$0.60$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.00$0.60$0.40$0.39$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.01$0.58$0.42$0.39$0.03
2011Summary only. Only limited summary data is available for this year.$0.57$0.02$0.55$0.56$0.01