Civic Intelligence

The Working Theatre Co Inc

990 • Fiscal year 2014 • EIN 13-1394732

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 04, 2015

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

98th percentile

3.59x

Higher debt load relative to assets than 98% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

89th percentile

0.32x

Higher debt load relative to revenue than 89% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

55th percentile

5.1%

Higher net margin than 55% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

93rd percentile

$54,867

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 15.8% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

21st percentile

-19%

Faster asset growth than 21% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

51st percentile

2.3%

Faster revenue growth than 51% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$30,695

Down $7,029 (-19%) from 2013

Net Assets

Up

-$79,552

Up $17,823 (+18%) from 2013

Liabilities

Down

$110,247

Down $24,852 (-18%) from 2013

Revenue

Up

$347,009

Up $7,868 (+2.3%) from 2013

Expenses

Down

$329,186

Down $28,912 (-8.1%) from 2013

Net Income

Up

$17,823

Up $36,780 (+194%) from 2013

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

2014

Assets$30,695
Liabilities$110,247
Net Assets-$79,552

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

2014

Revenue$347,009
Expenses$329,186
Net Income$17,823
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 4, 2015
Return Version
2013v4.0
Gross Receipts
$365,584
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$22,731$24,817▲ $2,086
Loans From Officers Directors$14,276--
Cash and Non-Interest-Bearing Accounts$387$2,943▲ $2,556
Prepaid Expenses and Deferred Charges$26--
Total Assets$37,724$30,695▼ $7,029
Other Assets Total$14,580$2,935▼ $11,645
Liabilities
Other Liabilities$96,484$65,891▼ $30,593
Deferred Revenue-$22,500-
Accounts Payable and Accrued Expenses$24,339$21,856▼ $2,483
Total Liabilities$135,099$110,247▼ $24,852
Net Assets / Fund Balance
Unrestricted Net Assets$-97,375$-79,552▲ $17,823
Total Net Assets Fund Balance$-97,375$-79,552▲ $17,823
Total Liabilities and Net Assets / Fund Balance$37,724$30,695▼ $7,029

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$2,935--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mark PlesentProducing Artistic DirectoFT$54,867$54,867

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$284,587
Program Service Revenue
$49,597
Investment Income
$0
Other Revenue
$12,825
All Other Contributions
$182,527
Change in Net Assets
$17,823
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$190,849
Salaries, Compensation, and Employee Benefits$138,337
Total Fundraising Expense$27,023
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$110,274--$110,274
Advertising-$6,909$27,023$33,932
Other Employee Benefits$28,063--$28,063
Occupancy-$17,314-$17,314
Office Expenses-$11,573-$11,573
Fees for Services Accounting-$6,250-$6,250
Insurance-$2,631-$2,631
Conferences and Meetings-$974-$974
Travel-$263-$263
Other Expenses$110,808$50-$50
Total Functional Expenses$249,145$53,018$27,023$329,186
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$31,400
Fundraising Direct Expenses$18,575
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$76,400$31,400-$31,400
Total Events$76,400$31,400$18,575$12,825
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$14,276--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Chase Line of Credit$49,944
Chase Credit Line$7,392
Chase Credit Card$4,955
Notes Payable$3,600
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
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 11

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

EIN
13-1394732
Phone
2122443300

Signing Officer

Name
Mark Plesent
Title
Producing Director
Phone
2122443300
Signed
2015-02-04
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
47
Volunteers
0

Preparer

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/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt014580
IRS990/OtherAssetsTotalGrp/EOYAmt02935
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt028063
IRS990/OtherEmployeeBenefitsGrp/TotalAmt028063
IRS990/OtherExpensesGrp/Desc0THEATRICAL PRODUCTION C
IRS990/OtherExpensesGrp/Desc1BANK & INTEREST CHARGES
IRS990/OtherExpensesGrp/Desc2STATE FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07054
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt150
IRS990/OtherExpensesGrp/ProgramServicesAmt0110808
IRS990/OtherExpensesGrp/TotalAmt0110808
IRS990/OtherExpensesGrp/TotalAmt17054
IRS990/OtherExpensesGrp/TotalAmt250
IRS990/OtherLiabilitiesGrp/BOYAmt096484
IRS990/OtherLiabilitiesGrp/EOYAmt065891
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0110274
IRS990/OtherSalariesAndWagesGrp/TotalAmt0110274
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt026
IRS990/PrincipalOfficerNm0MARK PLESENT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711110
IRS990/ProgramServiceRevenueGrp/Desc0THEATRICAL PRODUCTION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt049597
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt049597
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0301726
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0218275
IRS990/PYOtherRevenueAmt05079
IRS990/PYProgramServiceRevenueAmt032336
IRS990/PYRevenuesLessExpensesAmt0-18957
IRS990/PYSalariesCompEmpBnftPaidAmt0139823
IRS990/PYTotalExpensesAmt0358098
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0339141
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt017823
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt049597
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0297412
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0334062
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0342143
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0271746
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0215852
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01461215
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0254523
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01461215
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0297412
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0334062
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0342143
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0271746
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0215852
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01461215
IRS990ScheduleA/TotalSupportAmt01461215
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/BookValueAmt02935
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt049944
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt27392
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt34955
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CHASE LINE OF CREDIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NOTES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CHASE CREDIT LINE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3CHASE CREDIT CARD
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02935
IRS990ScheduleD/TotalLiabilityAmt065891
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt045000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt045000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt018575
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt076400
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt076400
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt031400
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt031400
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0THEATRE BENEFIT PERFORMANCE
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt012825
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt018575
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt018575
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 11
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/TotalAssetsBOYAmt037724
IRS990/TotalAssetsEOYAmt030695
IRS990/TotalAssetsGrp/BOYAmt037724
IRS990/TotalAssetsGrp/EOYAmt030695
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0284587
IRS990/TotalEmployeeCnt047
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt027023
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt053018
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0249145
IRS990/TotalFunctionalExpensesGrp/TotalAmt0329186
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0135099
IRS990/TotalLiabilitiesEOYAmt0110247
IRS990/TotalLiabilitiesGrp/BOYAmt0135099
IRS990/TotalLiabilitiesGrp/EOYAmt0110247
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-97375
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-79552
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0249145
IRS990/TotalProgramServiceRevenueAmt049597
IRS990/TotalReportableCompFromOrgAmt054867

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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
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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
2014Detailed filing. Detailed filing data is available for this year.$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