Civic Intelligence

George Street Playhouseinc

EIN 23-7361588 • 501(c)3 • New Brunswick, NJ

Profile

The mission is to enrich people's lives by producing quality theatre with challenging new works, re-imagined classics, and theatre education programs.

9 Livingston Avenue 410New Brunswick, NJ 08903

www.georgestplayhouse.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

93rd percentile

0.70x

Higher debt load relative to assets than 93% of similar nonprofits.

NTEE A • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

68th percentile

0.26x

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

NTEE A • $5M-$10M nonprofits • Source year 2025

Net Margin

54th percentile

9.8%

Higher net margin than 54% of similar nonprofits.

NTEE A • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

94th percentile

$301,920

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

NTEE A • $5M-$10M nonprofits • Source year 2025

Asset Growth

2nd percentile

-27%

Faster asset growth than 2% of similar nonprofits.

NTEE A • $5M-$10M nonprofits • Annualized from 2023 to 2025

Revenue Growth

36th percentile

0.1%

Faster revenue growth than 36% of similar nonprofits.

NTEE A • $5M-$10M nonprofits • Annualized from 2023 to 2025

Assets

Down

$4,233,231

Down $2,663,077 (-39%) from 2022

Liabilities

Down

$1,020,829

Down $81,155 (-7.4%) from 2022

Net Assets

Down

$3,212,402

Down $2,581,922 (-45%) from 2022

Revenue

Down

$5,949,381

Down $888,170 (-13%) from 2022

Expenses

Up

$8,531,303

Up $1,552,635 (+22%) from 2022

Net Income

Down

-$2,581,922

Down $2,440,805 (-1730%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2014: $1,684,164Liabilities 2014: $1,005,425Net Assets 2014: $678,7392014Assets 2015: $1,278,588Liabilities 2015: $808,394Net Assets 2015: $470,1942015Assets 2016: $1,297,178Liabilities 2016: $714,989Net Assets 2016: $582,1892016Assets 2017: $1,602,744Liabilities 2017: $992,468Net Assets 2017: $610,2762017Assets 2018: $6,985,594Liabilities 2018: $2,754,153Net Assets 2018: $4,231,4412018Assets 2019: $7,950,075Liabilities 2019: $2,242,371Net Assets 2019: $5,707,7042019Assets 2020: $8,094,711Liabilities 2020: $3,388,826Net Assets 2020: $4,705,8852020Assets 2021: $8,265,032Liabilities 2021: $2,329,591Net Assets 2021: $5,935,4412021Assets 2022: $6,896,308Liabilities 2022: $1,101,984Net Assets 2022: $5,794,3242022Assets 2023: $4,233,231Liabilities 2023: $1,020,829Net Assets 2023: $3,212,4022023

Highlighted filing

2023

Assets$4,233,231
Liabilities$1,020,829
Net Assets$3,212,402

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2014: $4,864,577Expenses 2014: $4,890,023Net Income 2014: -$25,4462014Revenue 2015: $4,006,921Expenses 2015: $4,215,466Net Income 2015: -$208,5452015Revenue 2016: $4,120,097Expenses 2016: $4,008,102Net Income 2016: $111,9952016Revenue 2017: $4,519,408Expenses 2017: $4,491,321Net Income 2017: $28,0872017Revenue 2018: $9,021,208Expenses 2018: $5,400,043Net Income 2018: $3,621,1652018Revenue 2019: $6,391,202Expenses 2019: $4,914,939Net Income 2019: $1,476,2632019Revenue 2020: $4,896,704Expenses 2020: $5,898,523Net Income 2020: -$1,001,8192020Revenue 2021: $4,313,051Expenses 2021: $3,083,495Net Income 2021: $1,229,5562021Revenue 2022: $6,837,551Expenses 2022: $6,978,668Net Income 2022: -$141,1172022Revenue 2023: $5,949,381Expenses 2023: $8,531,303Net Income 2023: -$2,581,9222023

Highlighted filing

2023

Revenue$5,949,381
Expenses$8,531,303
Net Income-$2,581,922

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 8, 2024
Return Version
2022v5.0
Gross Receipts
$6,085,414
Mission and Program Overview

Mission

The mission is to enrich people's lives by producing quality theatre with challenging new works, re-imagined classics, and theatre education programs.

To enrich people's lives by producing world-class theatre.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,485,681$2,577,817▼ $907,864
Pledges and Grants Receivable$1,385,927$0▼ $1,385,927
Cash and Non-Interest-Bearing Accounts$680,223$495,809▼ $184,414
Land, Buildings, and Equipment, Net$301,160$272,655▼ $28,505
Accounts Receivable$731,200$207,316▼ $523,884
Investments Other Securities$200,020$200,020→ $0
Prepaid Expenses and Deferred Charges$96,164$21,364▼ $74,800
Total Assets$6,896,308$4,233,231▼ $2,663,077
Other Assets Total$15,933$458,250▲ $442,317
Liabilities
Other Liabilities$276,199$486,604▲ $210,405
Deferred Revenue$651,370$397,458▼ $253,912
Accounts Payable and Accrued Expenses$174,415$136,767▼ $37,648
Total Liabilities$1,101,984$1,020,829▼ $81,155
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,903,691$3,135,223▼ $1,768,468
Net Assets Without Donor Restrictions$890,633$77,179▼ $813,454
Total Net Assets Fund Balance$5,794,324$3,212,402▼ $2,581,922
Total Liabilities and Net Assets / Fund Balance$6,896,308$4,233,231▼ $2,663,077

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$265,148$631,292$896,440
Leasehold Improvements$7,507$24,902$32,409
Other Assets Org$407,604--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$336,934---$336,934
2021$336,934---$336,934
2020$336,934---$336,934
2019$336,934---$336,934
2018$336,934---$336,934
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David SaintArtistic DirectorFT$252,452$38,186$290,638
Kelly RymanManaging Director (former)FT$151,227$13,389$164,616

Board Members and Trustees

NameTitle
James N HestonChairman
Penelope E LattimerPresident
Philip L KirsteinVice President
Adele T MaculaBoard Member
C Sharon ParkerBoard Member
Camara EppsBoard Member
Dina MastelloneBoard Member
Janice StolarBoard Member
Jocelyn SchwartzmanBoard Member
Lora TremayneBoard Member
Lucy HughesBoard Member
Nonny StahlinBoard Member
Norman PolitzinerBoard Member
Wanda J BlanchettBoard Member
Edgar Herrera ArizmendiManaging Director
Kimberlee Sp MurphyAssistant Treasurer
Sharon KarmazinSecretary
Ronald BleichTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,859,378
Program Service Revenue
$3,163,089
Investment Income
$15,447
Other Revenue
$-88,533
All Other Contributions
$1,606,400
Change in Net Assets
$-2,581,922

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,949,381
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$5,949,381
Total Revenue per Form 990
$5,949,381
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,830,940
Salaries, Compensation, and Employee Benefits$3,700,363
Total Fundraising Expense$206,521
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,261,328$146,589$88,706$2,496,623
Occupancy$299,636$162,004-$461,640
Other Employee Benefits$404,345$32,164$22,974$459,483
Current Officers, Directors, Trustees, and Key Employees$285,500$56,000$56,000$397,500
Advertising$373,983-$10,701$384,684
Payroll Taxes$305,146$24,273$17,338$346,757
All Other Expenses$179,497$3,462$1,403$184,362
Other Expenses$0$179,981$0$179,981
Office Expenses$39,671$97,935$2,088$139,694
Insurance$99,886$7,945$5,675$113,506
Depreciation Depletion$37,449$4,270$695$42,414
Total Functional Expenses$7,357,862$966,920$206,521$8,531,303

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,531,303
Total Expenses per Audited Statements$8,531,303
Total Expenses per Form 990$8,531,303
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$136,033
Fundraising Gross Income$47,500
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Benefit Gala$385,833$47,500$33,589$13,911
Total Events$385,833$47,500$136,033$-88,533
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Obligations Under Capital Leases$407,604
Naming Pledge Commitments$79,000
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 35% controlled entity
No
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, Part VI, Section B, Line 11B

990 is reviewed by managing director, director of finance and finance committee. It is then presented to the treasurer for signature. Copies without schedule b are provided to board members prior to filing.

Form 990, Part VI, Section B, Line 12C

George street playhouse monitors this policy by the governance and nominating committee appointed by the board of directors. Signed forms are collected from each board member and manager.

Form 990, Part VI, Section B, Line 15

The proposed compensation for the artistic director, managing director and department heads, suggested by the independent chair and president of board, is discussed with the independent trustees who are members of executive and finance committees. The discussion includes comparing the suggested compensation with available comparable compensation for persons in functionally comparable positions in other regional theaters .

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
George Street Playhouseinc
EIN
23-7361588
Phone
7322587549
Address
9 LIVINGSTON AVENUE 410, NEW BRUNSWICK, NJ 08901

Signing Officer

Name
Kimberlee Sp Murphy
Title
Treasurer
Phone
7322587549
Signed
2024-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kimberlee Sp Murphy
Formed
1974
Legal Domicile
Nj
Voting Board Members
17
Independent Board Members
17
Employees
268
Volunteers
0

Preparer

Firm
James M Wood CPA
Address
603B OMNI DRIVE, HILLSBOROUGH, NJ 08844
Preparer
James M Wood
Phone
9084311700
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

SAME AS LAST YEAR.

Raw XML AppendixShowing 400 of 642 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.

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IRS990/Desc0GEORGE STREET PLAYHOUSE (GSP) IS A PROFESSIONAL, REGIONAL THEATRE COMPANY LOCATED IN NEW BRUNSWICK, NJ. OUR MISSION IS TO "ENRICH PEOPLE'S LIVES THROUGH WORLD-CLASS THEATRE". EACH SEASON, WE DEMONSTRATE OUR COMMITMENT TO PRODUCING NEW WORKS THROUGH OUR WORLD-CLASS MAINSTAGE SERIES OF FIVE PLAYS OR MUSICALS. GSP IS PROUD TO HAVE PREMIERED SEVERAL PLAYS WHICH HAVE GONE ON TO SUCCESSFUL NEW YORK BROADWAY AND OFF-BROADWAY RUNS, GARNERING NATIONAL ATTENTION. GSP'S EDUCATION DEPARTMENT OFFERS ARTS INTEGRATION PROGRAMMING IN LOCAL SCHOOLS FOCUSED ON EQUITY, DIVERSITY, AND INCLUSION; PROFESSIONAL DEVELOPMENT FOR CLASSROOM TEACHERS AND TEACHING ARTISTS; AND THEATRE CLASSES FOR YOUTH AND ADULTS,CULTIVATING THE NEXT GENERATION OF AMERICAN THEATER VOICES, MAKERS, AND SUPPORTERS.
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