Civic Intelligence

The Performance Zone Inc

990 • Fiscal year 2016 • EIN 13-3357408

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 22, 2017

75 Maiden Lane- Suite 906New York, NY 10038

(212) 691-6969

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.06x

Higher debt load relative to assets than 42% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

22nd percentile

0.01x

Higher debt load relative to revenue than 22% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

22nd percentile

-9.8%

Higher net margin than 22% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

4th percentile

-30%

Faster asset growth than 4% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

27th percentile

-7.4%

Faster revenue growth than 27% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$596,139

Down $256,465 (-30%) from 2015

Net Assets

Down

$563,303

Down $268,948 (-32%) from 2015

Liabilities

Up

$32,836

Up $12,483 (+61%) from 2015

Revenue

Down

$2,744,680

Down $218,905 (-7.4%) from 2015

Expenses

Up

$3,013,628

Up $33,245 (+1.1%) from 2015

Net Income

Down

-$268,948

Down $252,150 (-1501%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $572,715Liabilities 2010: $3,355Net Assets 2010: $569,3602010Assets 2011: $693,463Liabilities 2011: $3,725Net Assets 2011: $689,7382011Assets 2012: $651,171Liabilities 2012: $4,343Net Assets 2012: $646,8282012Assets 2013: $620,233Liabilities 2013: $956Net Assets 2013: $619,2772013Assets 2014: $876,313Liabilities 2014: $27,264Net Assets 2014: $849,0492014Assets 2015: $852,604Liabilities 2015: $20,353Net Assets 2015: $832,2512015Assets 2016: $596,139Liabilities 2016: $32,836Net Assets 2016: $563,3032016Assets 2017: $548,555Liabilities 2017: $135,665Net Assets 2017: $412,8902017Assets 2018: $574,246Liabilities 2018: $195,585Net Assets 2018: $378,6612018Assets 2019: $886,852Liabilities 2019: $78,004Net Assets 2019: $808,8482019Assets 2020: $1,586,559Liabilities 2020: $300,734Net Assets 2020: $1,285,8252020Assets 2021: $3,205,718Liabilities 2021: $195,350Net Assets 2021: $3,010,3682021Assets 2022: $2,313,984Liabilities 2022: $1,316,109Net Assets 2022: $997,8752022Assets 2023: $1,383,591Liabilities 2023: $946,595Net Assets 2023: $436,9962023Assets 2024: $1,146,656Liabilities 2024: $776,038Net Assets 2024: $370,6182024

Highlighted filing

2016

Assets$596,139
Liabilities$32,836
Net Assets$563,303

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $2,450,1422010Expenses 2011: $2,971,5032011Revenue 2012: $2,846,353Expenses 2012: $2,889,263Net Income 2012: -$42,9102012Revenue 2013: $3,178,645Expenses 2013: $3,206,196Net Income 2013: -$27,5512013Revenue 2014: $3,555,407Expenses 2014: $3,325,635Net Income 2014: $229,7722014Revenue 2015: $2,963,585Expenses 2015: $2,980,383Net Income 2015: -$16,7982015Revenue 2016: $2,744,680Expenses 2016: $3,013,628Net Income 2016: -$268,9482016Revenue 2017: $2,658,478Expenses 2017: $2,808,891Net Income 2017: -$150,4132017Revenue 2018: $2,532,724Expenses 2018: $2,566,953Net Income 2018: -$34,2292018Revenue 2019: $3,597,666Expenses 2019: $3,167,479Net Income 2019: $430,1872019Revenue 2020: $4,162,430Expenses 2020: $3,685,453Net Income 2020: $476,9772020Revenue 2021: $5,815,345Expenses 2021: $4,090,802Net Income 2021: $1,724,5432021Revenue 2022: $5,780,066Expenses 2022: $7,792,559Net Income 2022: -$2,012,4932022Revenue 2023: $4,967,052Expenses 2023: $5,527,931Net Income 2023: -$560,8792023Revenue 2024: $6,746,140Expenses 2024: $6,812,518Net Income 2024: -$66,3782024

Highlighted filing

2016

Revenue$2,744,680
Expenses$3,013,628
Net Income-$268,948
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 22, 2017
Return Version
2016v3.0
Gross Receipts
$2,744,680
Mission and Program Overview

Mission

Strategically and comprehensively serve the artistic and administrative needs of independent performing artists and companies who work in the fields of dance, theatre, music, text and performance art.

Encouraging and cultivating appreciation of the performing arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$697,716$509,690▼ $188,026
Pledges and Grants Receivable$133,280$60,900▼ $72,380
Prepaid Expenses and Deferred Charges$3,400$8,637▲ $5,237
Land, Buildings, and Equipment, Net$1,946$650▼ $1,296
Total Assets$852,604$596,139▼ $256,465
Other Assets Total$16,262$16,262→ $0
Liabilities
Accounts Payable and Accrued Expenses$20,353$32,836▲ $12,483
Total Liabilities$20,353$32,836▲ $12,483
Net Assets / Fund Balance
Unrestricted Net Assets$421,669$348,803▼ $72,866
Temporarily Rstr Net Assets$410,582$214,500▼ $196,082
Total Net Assets Fund Balance$832,251$563,303▼ $268,948
Total Liabilities and Net Assets / Fund Balance$852,604$596,139▼ $256,465

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$650$54,314$54,964
Buildings-$18,676$18,676
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael WellingtonPresident
James MclarenDirector
Jane ComfortDirector
Michaela AblonDirector
Robert GaffeyDirector
Barbara RifkindSecretary
Alice De CallatayTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,542,386
Program Service Revenue
$201,870
Investment Income
$424
Other Revenue
$0
All Other Contributions
$2,436,886
Change in Net Assets
$-268,948

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,744,680
Total Revenue per Audited Statements
$2,744,680
Total Revenue per Form 990
$2,744,680
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,493,540
Salaries, Compensation, and Employee Benefits$490,088
Total Fundraising Expense$55,070
Grants and Similar Amounts Paid$30,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$293,471$83,849$41,924$419,244
Occupancy$64,619$8,811-$73,430
Office Expenses$41,466$5,655-$47,121
Payroll Taxes$29,315$8,375$4,188$41,878
Grants to Domestic Individuals$30,000--$30,000
Other Employee Benefits$20,276$5,793$2,897$28,966
All Other Expenses$15,935$2,172-$18,107
Conferences and Meetings$11,465$1,564-$13,029
Insurance$8,303$2,371$1,186$11,860
Other Expenses$11,123$6,372$4,875$11,123
Fees for Services Accounting-$7,545-$7,545
Advertising$2,643$361-$3,004
Depreciation Depletion$1,141$155-$1,296
Fees for Services Other-$1,080-$1,080
Total Functional Expenses$2,814,704$143,854$55,070$3,013,628

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,013,628
Total Expenses per Audited Statements$3,013,628
Total Expenses per Form 990$3,013,628
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
Yes
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, Page 6, Part VI, Line 11B

Governing body reviews the tax return before signing and sending to the government.

Form 990, Page 6, Part VI, Line 12C

Informal annual meeting and review of policy with all board members.

Form 990, Page 6, Part VI, Line 15A

YES

Form 990, Page 6, Part VI, Line 15B

Informal annual meeting and review of each employee, meeting takes place in the office.

Form 990, Page 6, Part VI, Line 19

Information is available by request or on the website

Filing and Contact Details

Filer

Filer Name
The Performance Zone Inc
EIN
13-3357408
Phone
2126916969
Address
75 MAIDEN LANE- SUITE 906, NEW YORK, NY 10038

Signing Officer

Name
Jennifer Wright Cook
Title
Executive Director
Phone
2126916969
Signed
2017-06-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Wright Cook
Formed
1986
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
16

Preparer

Firm
Moses & Schreiber Llp
Address
3000 MARCUS AVE STE 1W5, NEW HYDE PARK, NY 11042-1007
Preparer
Gregory S Rom
Phone
5163527700
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2YES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INFORMAL ANNUAL MEETING AND REVIEW OF EACH EMPLOYEE, MEETING TAKES PLACE IN THE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INFORMATION IS AVAILABLE BY REQUEST OR ON THE WEBSITE
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ReturnHeader/BusinessOfficerGrp/SignatureDt02017-06-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE PERFORMANCE ZONE INC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW HYDE PARK
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ReturnHeader/PreparerPersonGrp/PhoneNum05163527700
ReturnHeader/PreparerPersonGrp/PreparationDt02017-08-09

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.$1.15$0.78$0.37$6.75$6.81$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.38$0.95$0.44$4.97$5.53$0.56
2022Detailed filing. Detailed filing data is available for this year.$2.31$1.32$1.00$5.78$7.79$2.01
2021Detailed filing. Detailed filing data is available for this year.$3.21$0.20$3.01$5.82$4.09$1.72
2020Detailed filing. Detailed filing data is available for this year.$1.59$0.30$1.29$4.16$3.69$0.48
2019Detailed filing. Detailed filing data is available for this year.$0.89$0.08$0.81$3.60$3.17$0.43
2018Detailed filing. Detailed filing data is available for this year.$0.57$0.20$0.38$2.53$2.57$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.55$0.14$0.41$2.66$2.81$0.15
2016Detailed filing. Detailed filing data is available for this year.$0.60$0.03$0.56$2.74$3.01$0.27
2015Detailed filing. Detailed filing data is available for this year.$0.85$0.02$0.83$2.96$2.98$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.88$0.03$0.85$3.56$3.33$0.23
2013Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$3.18$3.21$0.03
2012Summary only. Only limited summary data is available for this year.$0.65$0.00$0.65$2.85$2.89$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.00$0.69$2.97
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.00$0.57$2.45