Watermark Theater Inc.

990EZ • Fiscal year 2023 • EIN 13-3729352

Nov 01, 2022 to Oct 31, 2023 • Filed on Mar 15, 2024

Organization Profile N/A

733 Third AvenueNew York, NY 10017

(212) 949-8700

Siviq Scores

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

0.03x

Higher debt load relative to assets than 68% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

0.42x

Higher debt load relative to revenue than 90% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

-608%

Higher net margin than 2% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Higher top officer pay than 77% of similar nonprofits.

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

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

-32%

Faster asset growth than 16% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Annualized from 2022 to 2023

-79%

Faster revenue growth than 5% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet

Liabilities / Assets68th percentile

Assets

Down

$8,773

Down $4,144 (-32%) from 2022

Net Assets

Down

$8,488

Down $4,144 (-33%) from 2022

Liabilities

Flat

$285

Flat from 2022

Revenue And Expenses

Liabilities / Revenue90th percentile Net Margin2nd percentile

Revenue

Down

$682

Down $2,592 (-79%) from 2022

Expenses

$4,826

Up $2,709 (+128%) from 2022

Net Income

Down

-$4,144

Down $5,301 (-458%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

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

Highlighted filing

2023

Assets$8,773

Liabilities$285

Net Assets$8,488

Open 2023 Filing

Operations Trend

Revenue Growth5th percentile

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

Highlighted filing

2023

Revenue$682

Expenses$4,826

Net Income-$4,144

Open 2023 Filing

Jump To

Filing Snapshot

Filing Period: Nov 1, 2022 to Oct 31, 2023
Signed: Mar 15, 2024
Return Version: 2022v5.0
Gross Receipts: $686

Mission and Program Overview

Mission

To enrich the public with the performance of works of art.

To enrich the public with the performance of works of art

Program Services

Description	Grants	Expenses
PERFORMANCE OF WORKS OF ART FOR THE BENEFIT OF THE PUBLIC	$0	$0

Compensation and Service Providers

Top Officer Pay77th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
NELA WAGMAN	President	-	$0	-	-
STEVEN WEIN	Director	-	$0	-	-
SARA TEALE	Director	-	$0	-	-
LOWELL DUBROW	Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Watermark Theater
EIN: 13-3729352
Phone: 2129498700
Address: 733 THIRD AVENUE, NEW YORK, NY 10017

Signing Officer

Name: Nela Wagman
Title: President
Phone: 2129498700
Signed: 2024-03-15
Discuss with paid preparer: Yes

Preparer

Firm: Eisner Advisory Group LLC
Address: 733 THIRD AVENUE, NEW YORK, NY 10017-2703
Preparer: Kj Devisser CPA
Phone: 2129498700

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: dividend income. Amount: 646. Description: interest income. Amount: 1. Total included on form 990-ez, line 4: 647.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: registration fees. Amount: 25. Description: production expenses. Amount: 681. Total to form 990-ez, line 16: 706.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: investments. Beg. Of year amount: 510. End of year amount: 506. Description: loans and exchanges. Beg. Of year amount: 583. End of year amount: 583.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: loans from officers. Beg. Of year amount: 285. End of year amount: 285.”

Raw XML Appendix155 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.

Path	#	Value
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	0
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt	0	EISNER ADVISORY GROUP LLC
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	2129498700
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	733 THIRD AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	10017
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	11824
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	7684
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	4
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-4144
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	4120
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	12917
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	8773
IRS990EZ/GainOrLossFromSaleOfAssetsAmt	0	35
IRS990EZ/GrossReceiptsAmt	0	686
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	647
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	12632
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	8488
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	12632
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	8488
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	0.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	0.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	0.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	0.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	NELA WAGMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	STEVEN WEIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	SARA TEALE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	LOWELL DUBROW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	DIRECTOR
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	1093
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	1089
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	706
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	TO ENRICH THE PUBLIC WITH THE PERFORMANCE OF WORKS OF ART
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	PERFORMANCE OF WORKS OF ART FOR THE BENEFIT OF THE PUBLIC
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	0
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/SaleOfAssetsGrossAmt	0	39
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	NY
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	285
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	285
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	4826
IRS990EZ/TotalProgramServiceExpensesAmt	0	0
IRS990EZ/TotalRevenueAmt	0	682
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationOtherDesc	0	EXEMPT ORGANIZATION
IRS990EZ/TypeOfOrganizationOtherInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	22326
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	22326
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt	0	647
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt	0	612
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt	0	604
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt	0	577
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt	0	724
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt	0	3164
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	0.87590
IRS990ScheduleA/PublicSupportPY170Pct	0	0.92140
IRS990ScheduleA/PublicSupportTotal170Amt	0	22326
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt	0	22326
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	22326
IRS990ScheduleA/TotalSupportAmt	0	25490
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DESCRIPTION: DIVIDEND INCOME. AMOUNT: 646. DESCRIPTION: INTEREST INCOME. AMOUNT: 1. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 647.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DESCRIPTION: REGISTRATION FEES. AMOUNT: 25. DESCRIPTION: PRODUCTION EXPENSES. AMOUNT: 681. TOTAL TO FORM 990-EZ, LINE 16: 706.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	DESCRIPTION: INVESTMENTS. BEG. OF YEAR AMOUNT: 510. END OF YEAR AMOUNT: 506. DESCRIPTION: LOANS AND EXCHANGES. BEG. OF YEAR AMOUNT: 583. END OF YEAR AMOUNT: 583.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	DESCRIPTION: LOANS FROM OFFICERS. BEG. OF YEAR AMOUNT: 285. END OF YEAR AMOUNT: 285.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc	0	THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd	0	AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd	0	IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd	0	2
ReturnHeader/BuildTS	0	2023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
ReturnHeader/BusinessOfficerGrp/PersonNm	0	NELA WAGMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	2129498700
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2024-03-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	WATERMARK THEATER
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt	0	C/O EISNER ADVISORY GROUP LLC
ReturnHeader/Filer/BusinessNameControlTxt	0	WATE
ReturnHeader/Filer/EIN	0	133729352
ReturnHeader/Filer/PhoneNum	0	2129498700
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	733 THIRD AVENUE
ReturnHeader/Filer/USAddress/CityNm	0	NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	NY
ReturnHeader/Filer/USAddress/ZIPCd	0	10017
ReturnHeader/IRSResponsiblePrtyInfoCurrInd	0	0
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	871353108
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	EISNER ADVISORY GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	733 THIRD AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	100172703
ReturnHeader/PreparerPersonGrp/PhoneNum	0	2129498700
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	KJ DEVISSER CPA
ReturnHeader/ReturnTs	0	2024-03-15T08:58:25-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	NELA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	WAGMAN
ReturnHeader/TaxPeriodBeginDt	0	2022-11-01
ReturnHeader/TaxPeriodEndDt	0	2023-10-31
ReturnHeader/TaxYr	0	2022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $8,773
Liabilities: $285
Net assets: $8,488
Revenue: $682
Expenses: $4,826
Net income: -$4,144

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$17.6		$17.6	$12.6	$16.5	$3.85
2024Detailed filing. Detailed filing data is available for this year.	$21.4		$21.4	$74.5	$61.6	$13.0
2023Detailed filing. Detailed filing data is available for this year.	$8.77	$0.29	$8.49	$0.68	$4.83	$4.14
2022Detailed filing. Detailed filing data is available for this year.	$12.9	$0.29	$12.6	$3.27	$2.12	$1.16
2021Detailed filing. Detailed filing data is available for this year.	$11.8	$0.29	$11.5	$0.66	$12.3	$11.7
2020Detailed filing. Detailed filing data is available for this year.	$23.2	$0.00	$23.2	$0.58	$1.84	$1.27
2019Summary only. Only limited summary data is available for this year.	$25.1	$0.72		$47.5	$27.2	$20.4
2018Summary only. Only limited summary data is available for this year.	$4.19	$0.14		$0.00	$1.48	$1.48
2017Summary only. Only limited summary data is available for this year.	$5.62	$0.09		$0.00	$1.63	$1.63
2015Detailed filing. Detailed filing data is available for this year.	$4.00	$0.04	$3.96	$0.50	$1.33	$0.83
2014Detailed filing. Detailed filing data is available for this year.	$4.83	$0.04	$4.79	$7.68	$6.56	$1.12
2012Summary only. Only limited summary data is available for this year.	$7.00	$0.00		$2.50	$1.50	$1.00
2011Summary only. Only limited summary data is available for this year.	$6.00	$0.00		$2.60	$1.32	$1.29