Civic Intelligence

The Working Theatre Co Inc

990 • Fiscal year 2017 • EIN 13-1394732

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 17, 2018

520 Eighth Avenue No 303New York, NY 10018

(212) 244-3300

Siviq Scores

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

Liabilities / Assets

97th percentile

1.87x

Higher debt load relative to assets than 97% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

86th percentile

0.16x

Higher debt load relative to revenue than 86% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

47th percentile

2.2%

Higher net margin than 47% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

95th percentile

$63,000

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 18.5% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

15th percentile

-30%

Faster asset growth than 15% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

41st percentile

-4.4%

Faster revenue growth than 41% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$29,716

Down $12,630 (-30%) from 2016

Net Assets

Up

-$25,933

Up $7,524 (+22%) from 2016

Liabilities

Down

$55,649

Down $20,154 (-27%) from 2016

Revenue

Down

$340,655

Down $15,497 (-4.4%) from 2016

Expenses

Down

$333,131

Down $1,389 (-0.4%) from 2016

Net Income

Down

$7,524

Down $14,108 (-65%) from 2016

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200KAssets 2011: $49,032Liabilities 2011: $127,295Net Assets 2011: -$78,2632011Assets 2012: $42,275Liabilities 2012: $120,693Net Assets 2012: -$78,4182012Assets 2013: $37,724Liabilities 2013: $135,099Net Assets 2013: -$97,3752013Assets 2014: $30,695Liabilities 2014: $110,247Net Assets 2014: -$79,5522014Assets 2015: $65,197Liabilities 2015: $120,286Net Assets 2015: -$55,0892015Assets 2016: $42,346Liabilities 2016: $75,803Net Assets 2016: -$33,4572016Assets 2017: $29,716Liabilities 2017: $55,649Net Assets 2017: -$25,9332017Assets 2018: $52,731Liabilities 2018: $31,936Net Assets 2018: $20,7952018Assets 2019: $94,366Liabilities 2019: $28,242Net Assets 2019: $66,1242019Assets 2020: $140,897Liabilities 2020: $101,131Net Assets 2020: $39,7662020Assets 2021: $251,589Liabilities 2021: $63,981Net Assets 2021: $187,6082021Assets 2022: $284,493Liabilities 2022: $77,397Net Assets 2022: $207,0962022Assets 2023: $352,827Liabilities 2023: $25,899Net Assets 2023: $326,9282023Assets 2024: $264,203Liabilities 2024: $34,754Net Assets 2024: $229,4492024

Highlighted filing

2017

Assets$29,716
Liabilities$55,649
Net Assets-$25,933

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $312,2882011Expenses 2012: $350,1252012Revenue 2013: $339,141Expenses 2013: $358,098Net Income 2013: -$18,9572013Revenue 2014: $347,009Expenses 2014: $329,186Net Income 2014: $17,8232014Revenue 2015: $329,569Expenses 2015: $305,106Net Income 2015: $24,4632015Revenue 2016: $356,152Expenses 2016: $334,520Net Income 2016: $21,6322016Revenue 2017: $340,655Expenses 2017: $333,131Net Income 2017: $7,5242017Revenue 2018: $408,897Expenses 2018: $362,169Net Income 2018: $46,7282018Revenue 2019: $448,676Expenses 2019: $403,347Net Income 2019: $45,3292019Revenue 2020: $480,530Expenses 2020: $506,888Net Income 2020: -$26,3582020Revenue 2021: $674,754Expenses 2021: $526,912Net Income 2021: $147,8422021Revenue 2022: $662,977Expenses 2022: $643,489Net Income 2022: $19,4882022Revenue 2023: $628,094Expenses 2023: $508,262Net Income 2023: $119,8322023Revenue 2024: $437,711Expenses 2024: $535,190Net Income 2024: -$97,4792024

Highlighted filing

2017

Revenue$340,655
Expenses$333,131
Net Income$7,524
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 17, 2018
Return Version
2016v3.0
Gross Receipts
$355,377
Mission and Program Overview

Mission

We want working people, americans working in the industrial and service economies, who may be unable to afford commercial theater prices or feel that it does not resonate with their lives and experience, to make play-going a regular part of their cultural lives. Toward that goal, we offer low ticket prices and tell stories that reflect a diverse population of the working majority, that acknowledge their complexity and oft-denied power in an increasingly complex world, which we hope will unite us in our common humanity.

Organization produces new plays about working people and the issues they confront in a world of changing values.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$38,819$25,551▼ $13,268
Cash and Non-Interest-Bearing Accounts$267$555▲ $288
Total Assets$42,346$29,716▼ $12,630
Other Assets Total$3,260$3,610▲ $350
Liabilities
Other Liabilities$45,645$34,847▼ $10,798
Accounts Payable and Accrued Expenses$30,158$20,802▼ $9,356
Total Liabilities$75,803$55,649▼ $20,154
Net Assets / Fund Balance
Unrestricted Net Assets$-33,457$-25,933▲ $7,524
Total Net Assets Fund Balance$-33,457$-25,933▲ $7,524
Total Liabilities and Net Assets / Fund Balance$42,346$29,716▼ $12,630

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$3,610--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Mark PlesentProducing Artistic DirectoFT$63,000$63,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$301,919
Program Service Revenue
$32,558
Investment Income
$0
Other Revenue
$6,178
All Other Contributions
$195,219
Change in Net Assets
$7,524
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$186,336
Salaries, Compensation, and Employee Benefits$146,795
Total Fundraising Expense$17,291
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$111,284--$111,284
Other Employee Benefits$35,511--$35,511
Advertising-$5,151$17,291$22,442
Occupancy-$14,975-$14,975
Office Expenses-$10,481-$10,481
Fees for Services Accounting-$3,750-$3,750
Insurance-$2,091-$2,091
Information Technology-$1,541-$1,541
Conferences and Meetings-$1,132-$1,132
Travel-$149-$149
Other Expenses$124,644$50-$50
Total Functional Expenses$271,439$44,401$17,291$333,131
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$20,900
Fundraising Direct Expenses$14,722
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Theatre Benefit Performance$45,900$20,900-$20,900
Total Events$45,900$20,900$14,722$6,178
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Chase Line of Credit$34,845
Chase Credit Line$2
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

After the preparation of the tax return it is then reviewed by the relevent administrative personnel and governing bodies.a review of the drafted return is performed along with a review of prior returns and audited financial statements. Any adjustments or corrections are then then made prior to final review and approval.

Form 990, Part VI, Section C, Line 19

These are available on guidestar and upon request

Filing and Contact Details

Filer

Filer Name
The Working Theatre Co Inc
EIN
13-1394732
Phone
2122443300
Address
520 EIGHTH AVENUE NO 303, NEW YORK, NY 10018

Signing Officer

Name
Mark Plesent
Title
Producing Director
Phone
2122443300
Signed
2018-01-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Plesent
Formed
1988
Legal Domicile
Ny
Voting Board Members
18
Independent Board Members
17
Employees
40
Volunteers
0

Preparer

Firm
Hirsch Oelbaum Bram Hanover & Lisker CPA
Address
111 BROADWAY SUITE 704, NEW YORK, NY 10006
Preparer
Samuel Oelbaum
Phone
2122278034
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IRS990/MissionDesc0WE WANT WORKING PEOPLE, AMERICANS WORKING IN THE INDUSTRIAL AND SERVICE ECONOMIES, WHO MAY BE UNABLE TO AFFORD COMMERCIAL THEATER PRICES OR FEEL THAT IT DOES NOT RESONATE WITH THEIR LIVES AND EXPERIENCE, TO MAKE PLAY-GOING A REGULAR PART OF THEIR CULTURAL LIVES. TOWARD THAT GOAL, WE OFFER LOW TICKET PRICES AND TELL STORIES THAT REFLECT A DIVERSE POPULATION OF THE WORKING MAJORITY, THAT ACKNOWLEDGE THEIR COMPLEXITY AND OFT-DENIED POWER IN AN INCREASINGLY COMPLEX WORLD, WHICH WE HOPE WILL UNITE US IN OUR COMMON HUMANITY.
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IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt035511
IRS990/OtherEmployeeBenefitsGrp/TotalAmt035511
IRS990/OtherExpensesGrp/Desc0THEATRICAL PRODUCTION C
IRS990/OtherExpensesGrp/Desc1BANK & INTEREST CHARGES
IRS990/OtherExpensesGrp/Desc2DATA PROCESSING
IRS990/OtherExpensesGrp/Desc3STATE FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02727
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12354
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt250
IRS990/OtherExpensesGrp/ProgramServicesAmt0124644
IRS990/OtherExpensesGrp/TotalAmt0124644
IRS990/OtherExpensesGrp/TotalAmt12727
IRS990/OtherExpensesGrp/TotalAmt22354
IRS990/OtherExpensesGrp/TotalAmt350
IRS990/OtherLiabilitiesGrp/BOYAmt045645
IRS990/OtherLiabilitiesGrp/EOYAmt034847
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0111284
IRS990/OtherSalariesAndWagesGrp/TotalAmt0111284
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MARK PLESENT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711110
IRS990/ProgramServiceRevenueGrp/Desc0THEATRICAL PRODUCTION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt032558
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt032558
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0312374
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0191202
IRS990/PYOtherRevenueAmt06728
IRS990/PYProgramServiceRevenueAmt037050
IRS990/PYRevenuesLessExpensesAmt021632
IRS990/PYSalariesCompEmpBnftPaidAmt0143318
IRS990/PYTotalExpensesAmt0334520
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0356152
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt07524
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt032558
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0308097
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0319102
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0311407
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0297412
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0334062
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01570080
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0169703
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01570080
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0308097
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0319102
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0311407
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0297412
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0334062
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01570080
IRS990ScheduleA/TotalSupportAmt01570080
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03610
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt034845
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CHASE LINE OF CREDIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CHASE CREDIT LINE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03610
IRS990ScheduleD/TotalLiabilityAmt034847
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt025000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt025000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt014722
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0THEATRE BENEFIT PERFORMANCE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt045900
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt045900
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt020900
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt020900
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt06178
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt014722
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt014722
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AFTER THE PREPARATION OF THE TAX RETURN IT IS THEN REVIEWED BY THE RELEVENT ADMINISTRATIVE PERSONNEL AND GOVERNING BODIES.A REVIEW OF THE DRAFTED RETURN IS PERFORMED ALONG WITH A REVIEW OF PRIOR RETURNS AND AUDITED FINANCIAL STATEMENTS. ANY ADJUSTMENTS OR CORRECTIONS ARE THEN THEN MADE PRIOR TO FINAL REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THESE ARE AVAILABLE ON GUIDESTAR AND UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt042346
IRS990/TotalAssetsEOYAmt029716
IRS990/TotalAssetsGrp/BOYAmt042346
IRS990/TotalAssetsGrp/EOYAmt029716
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0301919
IRS990/TotalEmployeeCnt040
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt017291
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt044401
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0271439
IRS990/TotalFunctionalExpensesGrp/TotalAmt0333131
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt075803
IRS990/TotalLiabilitiesEOYAmt055649
IRS990/TotalLiabilitiesGrp/BOYAmt075803
IRS990/TotalLiabilitiesGrp/EOYAmt055649
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-33457
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-25933
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0271439
IRS990/TotalProgramServiceRevenueAmt032558
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt06178
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt032558
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0340655
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.64$0.35$2.29$4.38$5.35$0.97
2023Detailed filing. Detailed filing data is available for this year.$3.53$0.26$3.27$6.28$5.08$1.20
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.84$0.77$2.07$6.63$6.43$0.19
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.52$0.64$1.88$6.75$5.27$1.48
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$1.01$0.40$4.81$5.07$0.26
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.28$0.66$4.49$4.03$0.45
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.32$0.21$4.09$3.62$0.47
2017Detailed filing. Detailed filing data is available for this year.$0.30$0.56$0.26$3.41$3.33$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.42$0.76$0.33$3.56$3.35$0.22
2015Detailed filing. Detailed filing data is available for this year.$0.65$1.20$0.55$3.30$3.05$0.24
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.31$1.10$0.80$3.47$3.29$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$1.35$0.97$3.39$3.58$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$1.21$0.78$3.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$1.27$0.78$3.12