Civic Intelligence

Big Apple Performing Arts Inc.

990 • Fiscal year 2019 • EIN 13-3082072

Sep 01, 2018 to Aug 31, 2019 • Filed on May 18, 2020

561 Seventh Avenue 701New York, NY 10018

(212) 344-1777

Siviq Scores

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

Liabilities / Assets

38th percentile

0.03x

Higher debt load relative to assets than 38% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

29th percentile

0.02x

Higher debt load relative to revenue than 29% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

77th percentile

20%

Higher net margin than 77% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

76th percentile

$119,033

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

89th percentile

42%

Faster asset growth than 89% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

80th percentile

28%

Faster revenue growth than 80% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$879,067

Up $258,830 (+42%) from 2018

Net Assets

Up

$849,692

Up $244,083 (+40%) from 2018

Liabilities

Up

$29,375

Up $14,747 (+101%) from 2018

Revenue

Up

$1,248,425

Up $274,699 (+28%) from 2018

Expenses

Up

$999,231

Up $228,155 (+30%) from 2018

Net Income

Up

$249,194

Up $46,544 (+23%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $144,723Liabilities 2011: $18,300Net Assets 2011: $126,4232011Assets 2012: $159,366Liabilities 2012: $23,939Net Assets 2012: $135,4272012Assets 2013: $276,192Liabilities 2013: $18,576Net Assets 2013: $257,6162013Assets 2014: $510,659Liabilities 2014: $12,499Net Assets 2014: $498,1602014Assets 2015: $475,064Liabilities 2015: $17,705Net Assets 2015: $457,3592015Assets 2016: $407,419Liabilities 2016: $20,358Net Assets 2016: $387,0612016Assets 2017: $416,072Liabilities 2017: $25,309Net Assets 2017: $390,7632017Assets 2018: $620,237Liabilities 2018: $14,628Net Assets 2018: $605,6092018Assets 2019: $879,067Liabilities 2019: $29,375Net Assets 2019: $849,6922019Assets 2020: $1,050,692Liabilities 2020: $167,599Net Assets 2020: $883,0932020Assets 2021: $1,435,750Liabilities 2021: $91,063Net Assets 2021: $1,344,6872021Assets 2022: $1,206,185Liabilities 2022: $85,898Net Assets 2022: $1,120,2872022Assets 2023: $1,239,418Liabilities 2023: $67,800Net Assets 2023: $1,171,6182023Assets 2024: $1,371,240Liabilities 2024: $86,264Net Assets 2024: $1,284,9762024

Highlighted filing

2019

Assets$879,067
Liabilities$29,375
Net Assets$849,692

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $690,262Expenses 2011: $558,988Net Income 2011: $131,2742011Revenue 2012: $575,390Expenses 2012: $573,622Net Income 2012: $1,7682012Revenue 2013: $684,535Expenses 2013: $563,185Net Income 2013: $121,3502013Revenue 2014: $832,096Expenses 2014: $592,701Net Income 2014: $239,3952014Revenue 2015: $653,027Expenses 2015: $682,630Net Income 2015: -$29,6032015Revenue 2016: $614,102Expenses 2016: $691,758Net Income 2016: -$77,6562016Revenue 2017: $724,693Expenses 2017: $740,065Net Income 2017: -$15,3722017Revenue 2018: $973,726Expenses 2018: $771,076Net Income 2018: $202,6502018Revenue 2019: $1,248,425Expenses 2019: $999,231Net Income 2019: $249,1942019Revenue 2020: $794,583Expenses 2020: $781,835Net Income 2020: $12,7482020Revenue 2021: $969,086Expenses 2021: $482,730Net Income 2021: $486,3562021Revenue 2022: $487,174Expenses 2022: $660,750Net Income 2022: -$173,5762022Revenue 2023: $851,677Expenses 2023: $855,851Net Income 2023: -$4,1742023Revenue 2024: $920,942Expenses 2024: $948,804Net Income 2024: -$27,8622024

Highlighted filing

2019

Revenue$1,248,425
Expenses$999,231
Net Income$249,194
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
May 18, 2020
Return Version
2018v3.1
Gross Receipts
$1,303,535
Mission and Program Overview

Mission

Creating music that transforms lives through artistic excellence and enables the Organization to promote social acceptance and equality.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$334,857$592,191▲ $257,334
Cash and Non-Interest-Bearing Accounts$219,349$252,153▲ $32,804
Land, Buildings, and Equipment, Net$16,704$13,282▼ $3,422
Accounts Receivable$6,250$0▼ $6,250
Pledges and Grants Receivable$3,720$3,695▼ $25
Prepaid Expenses and Deferred Charges$22,216$1,436▼ $20,780
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$620,237$879,067▲ $258,830
Other Assets Total$17,141$16,310▼ $831
Liabilities
Accounts Payable and Accrued Expenses$14,182$29,375▲ $15,193
Deferred Revenue$446--
Total Liabilities$14,628$29,375▲ $14,747
Net Assets / Fund Balance
Unrestricted Net Assets$393,187$594,361▲ $201,174
Permanently Rstr Net Assets$212,422$255,331▲ $42,909
Total Net Assets Fund Balance$605,609$849,692▲ $244,083
Total Liabilities and Net Assets / Fund Balance$620,237$879,067▲ $258,830

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,455$62,380$65,835
Leasehold Improvements$9,827$11,195$21,022

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$212,422$42,152▲ $757-$255,331
2017$237,393-▲ $8,581$32,477$212,422
2016$212,107-▲ $26,420-$237,393
2015$204,973$1,000▲ $11,814$6,731$212,107
2014$196,422$15,000▼ $5,074-$204,973
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lisa ReillyExecutive DirectorFT$105,000$14,033$119,033

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$472,384
Program Service Revenue
$706,136
Investment Income
$13,868
Other Revenue
$56,037
All Other Contributions
$327,730
Change in Net Assets
$249,194

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,247,002
Revenue Not Reported on Financial Statements
$1,423
Revenue Not Reported on Form 990
$26,889
Total Revenue per Audited Statements
$1,273,891
Total Revenue per Form 990
$1,248,425
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$615,786
Salaries, Compensation, and Employee Benefits$383,445
Total Fundraising Expense$44,824
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$157,456$32,295$7,654$197,405
Current Officers, Directors, Trustees, and Key Employees$110,897$22,746$5,390$139,033
Occupancy$49,071$10,065$2,385$61,521
Fees for Services Other$45,556$15,397-$60,953
Advertising-$45,263-$45,263
Other Expenses$31,441$34,859-$31,441
All Other Expenses-$3,909$26,606$30,515
Other Employee Benefits$18,124$3,717$881$22,722
Payroll Taxes$15,818$3,244$769$19,831
Royalties$13,769--$13,769
Office Expenses$7,662$1,572$372$9,606
Insurance$7,647$1,568$372$9,587
Travel-$6,423-$6,423
Depreciation Depletion$4,569$937$222$5,728
Pension Plan Contributions$3,552$729$173$4,454
Fees for Service Investment Mgmnt Fees-$1,423-$1,423
Total Functional Expenses$770,260$184,147$44,824$999,231

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,029,808
Total Expenses per Form 990$999,231
Expenses per Audited Statements$997,808
Expenses Not Reported on Form 990$32,000
Expenses Not Reported on Financial Statements$1,423
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$36,724
Fundraising Gross Income$36,724
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Harmony$109,871$27,662-$27,662
Other events$53,032$9,062-$9,062
Total Events$162,903$36,724$36,724-
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is reviewed by management and submitted to board members for their review and approval prior to submission

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The organization has a board approved conflicts of interest policy. Each board member must fill out an annual declaration stating they had no conflicts or identifying the nature of their interest party transactions.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Compensation is based on an annual report produced by GALA choruses, the national LGBT choral assoc1at1on. This report outlines salaries for executive and art1st1c staff. The salaries are broken down by size of chorus, budget and physical location. BAPA uses this data to determine the mean salary for its staff

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Compensation is based on an annual report produced by GALA choruses, the national LGBT choral assoc1at1on. This report outlines salaries for executive and art1st1c staff. The salaries are broken down by size of chorus, budget and physical location. BAPA uses this data to determine the mean salary for its staff

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The Organization's governing documents, policies and f1nancial statements are available upon request

Filing and Contact Details

Filer

Filer Name
Big Apple Performing Arts Inc
EIN
13-3082072
Phone
2123441777
Address
561 Seventh Avenue 701, New York, NY 10018

Signing Officer

Name
Lisa Reilly
Title
Executive Director
Signed
2020-05-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Damian Kington
Formed
1980
Legal Domicile
Ny
Voting Board Members
18
Independent Board Members
18
Employees
18
Volunteers
225

Preparer

Firm
Schall & Ashenfarb Cpas
Address
307 5th Ave 15th Floor, NEW YORK, NY 10016-6517
Preparer
Michael Schall
Phone
2122682800
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

All of the Organizations net assets with donor restrictions are related to the donor restricted endowment. The endowment includes donations that were restricted by donors to be held in perpetuity. The income from these investments can be used to support the Organizations general activities. The Organization maintains a separate investment account for the endowment.

Part X : FIN48 Footnote

The Organization does not believe its financial statements include any material, uncertain tax positions. Tax filings for the periods ended August 31, 2016 and later are subject to examination by applicable taxing authorities.

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IRS990/Form990PartVIISectionAGrp/PersonNm2Michael Marchesani
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IRS990/Form990PartVIISectionAGrp/PersonNm16Shane Regier
IRS990/Form990PartVIISectionAGrp/PersonNm17Daniel Singer
IRS990/Form990PartVIISectionAGrp/PersonNm18Lisa Reilly
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Executive Dir.
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IRS990/OtherExpensesGrp/Desc2Bank & credit card processing
IRS990/OtherExpensesGrp/Desc3Membership expenses
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IRS990/OtherExpensesGrp/TotalAmt1105511
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IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0729
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03552
IRS990/PensionPlanContributionsGrp/TotalAmt04454
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0212422
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IRS990/PledgesAndGrantsReceivableGrp/BOYAmt03720
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt03695
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022216
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01436
IRS990/PrincipalOfficerNm0Damian Kington
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711130
IRS990/ProgramServiceRevenueGrp/BusinessCd1711130
IRS990/ProgramServiceRevenueGrp/Desc0Membership Dues
IRS990/ProgramServiceRevenueGrp/Desc1Ticket sales
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt084175
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1621961

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.37$0.09$1.28$0.92$0.95$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.24$0.07$1.17$0.85$0.86$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.21$0.09$1.12$0.49$0.66$0.17
2021Detailed filing. Detailed filing data is available for this year.$1.44$0.09$1.34$0.97$0.48$0.49
2020Detailed filing. Detailed filing data is available for this year.$1.05$0.17$0.88$0.79$0.78$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.88$0.03$0.85$1.25$1.00$0.25
2018Detailed filing. Detailed filing data is available for this year.$0.62$0.01$0.61$0.97$0.77$0.20
2017Detailed filing. Detailed filing data is available for this year.$0.42$0.03$0.39$0.72$0.74$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.41$0.02$0.39$0.61$0.69$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.48$0.02$0.46$0.65$0.68$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.51$0.01$0.50$0.83$0.59$0.24
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.02$0.26$0.68$0.56$0.12
2012Summary only. Only limited summary data is available for this year.$0.16$0.02$0.14$0.58$0.57$0.00
2011Summary only. Only limited summary data is available for this year.$0.14$0.02$0.13$0.69$0.56$0.13
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $1M-$5M nonprofits