Civic Intelligence

The Groundlings

990 • Fiscal year 2017 • EIN 23-7381137

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 09, 2017

7307 Melrose AvenueLos Angeles, CA 90046

(323) 934-4747

Siviq Scores

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

Liabilities / Assets

65th percentile

0.33x

Higher debt load relative to assets than 65% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

80th percentile

0.95x

Higher debt load relative to revenue than 80% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

74th percentile

16%

Higher net margin than 74% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

29th percentile

$73,445

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

41st percentile

1.5%

Faster asset growth than 41% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

33rd percentile

-0.8%

Faster revenue growth than 33% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$7,703,507

Up $113,125 (+1.5%) from 2016

Net Assets

Up

$5,158,553

Up $489,112 (+10%) from 2016

Liabilities

Down

$2,544,954

Down $375,987 (-13%) from 2016

Revenue

Down

$2,685,347

Down $21,486 (-0.8%) from 2016

Expenses

Up

$2,258,376

Up $82,752 (+3.8%) from 2016

Net Income

Down

$426,971

Down $104,238 (-20%) from 2016

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $1,864,865Liabilities 2010: $393,410Net Assets 2010: $1,471,4552010Assets 2011: $1,922,984Liabilities 2011: $346,717Net Assets 2011: $1,576,2672011Assets 2012: $2,202,073Liabilities 2012: $249,562Net Assets 2012: $1,952,5112012Assets 2013: $2,646,413Liabilities 2013: $155,515Net Assets 2013: $2,490,8982013Assets 2014: $6,372,689Liabilities 2014: $2,887,444Net Assets 2014: $3,485,2452014Assets 2015: $7,038,097Liabilities 2015: $2,919,675Net Assets 2015: $4,118,4222015Assets 2016: $7,590,382Liabilities 2016: $2,920,941Net Assets 2016: $4,669,4412016Assets 2017: $7,703,507Liabilities 2017: $2,544,954Net Assets 2017: $5,158,5532017Assets 2018: $8,224,668Liabilities 2018: $2,555,219Net Assets 2018: $5,669,4492018Assets 2019: $8,426,739Liabilities 2019: $2,562,387Net Assets 2019: $5,864,3522019Assets 2020: $8,368,733Liabilities 2020: $2,470,048Net Assets 2020: $5,898,6852020Assets 2021: $8,617,567Liabilities 2021: $2,483,821Net Assets 2021: $6,133,7462021Assets 2022: $8,629,630Liabilities 2022: $2,548,700Net Assets 2022: $6,080,9302022Assets 2023: $8,249,901Liabilities 2023: $2,581,317Net Assets 2023: $5,668,5842023Assets 2024: $7,857,397Liabilities 2024: $2,552,054Net Assets 2024: $5,305,3432024Assets 2025: $7,743,434Liabilities 2025: $2,363,086Net Assets 2025: $5,380,3482025

Highlighted filing

2017

Assets$7,703,507
Liabilities$2,544,954
Net Assets$5,158,553

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,316,5062010Expenses 2011: $1,296,5312011Expenses 2012: $1,341,1582012Expenses 2013: $1,595,6752013Revenue 2014: $2,723,983Expenses 2014: $1,947,508Net Income 2014: $776,4752014Revenue 2015: $2,816,366Expenses 2015: $2,186,048Net Income 2015: $630,3182015Revenue 2016: $2,706,833Expenses 2016: $2,175,624Net Income 2016: $531,2092016Revenue 2017: $2,685,347Expenses 2017: $2,258,376Net Income 2017: $426,9712017Revenue 2018: $2,882,377Expenses 2018: $2,414,028Net Income 2018: $468,3492018Revenue 2019: $3,005,081Expenses 2019: $2,865,728Net Income 2019: $139,3532019Revenue 2020: $2,480,285Expenses 2020: $2,460,229Net Income 2020: $20,0562020Revenue 2021: $1,774,630Expenses 2021: $1,343,100Net Income 2021: $431,5302021Revenue 2022: $2,597,812Expenses 2022: $2,513,592Net Income 2022: $84,2202022Revenue 2023: $2,813,891Expenses 2023: $3,219,184Net Income 2023: -$405,2932023Revenue 2024: $3,050,809Expenses 2024: $3,374,433Net Income 2024: -$323,6242024Revenue 2025: $3,224,516Expenses 2025: $3,145,871Net Income 2025: $78,6452025

Highlighted filing

2017

Revenue$2,685,347
Expenses$2,258,376
Net Income$426,971
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 9, 2017
Return Version
2016v3.0
Gross Receipts
$2,685,347
Mission and Program Overview

Mission

The theater's purpose is to cultivate top comedic talent through it's school and productions. The four part curriculum (basic, intermediate, lab and advanced) gives students a systematic approach to learning improvisation and writing skills.

The theater's purpose is to cultivate top comedic talent through its school and productions. The four part curriculum (basic, intermediate, lab and advanced) gives students a systematic approach to learning improvisation and writing skills.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,181,920$5,246,160▲ $64,240
Savings and Temporary Cash Investments$1,820,133$1,922,039▲ $101,906
Cash and Non-Interest-Bearing Accounts$578,677$530,106▼ $48,571
Prepaid Expenses and Deferred Charges$8,616$2,672▼ $5,944
Accounts Receivable$1,036$2,530▲ $1,494
Total Assets$7,590,382$7,703,507▲ $113,125
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,650,205$2,305,439▼ $344,766
Deferred Revenue$219,716$138,133▼ $81,583
Accounts Payable and Accrued Expenses$51,020$101,382▲ $50,362
Total Liabilities$2,920,941$2,544,954▼ $375,987
Net Assets / Fund Balance
Unrestricted Net Assets$4,669,441$5,158,553▲ $489,112
Total Net Assets Fund Balance$4,669,441$5,158,553▲ $489,112
Total Liabilities and Net Assets / Fund Balance$7,590,382$7,703,507▲ $113,125

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,477,582$946,636$3,424,218
Land$2,340,772-$2,340,772
Leasehold Improvements$192,825-$192,825
Equipment$142,242-$142,242
Other Land Buildings$92,739-$92,739
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Heather De MicheleManaging DirectorFT$73,445$73,445

Board Members and Trustees

NameTitle
Ron HofmannChairman
Annie SertichDirector
Guy GrecoDirector
Heidi GardnerDirector
Lyric LewisDirector
Mary Jo SmithDirector
Nick AntonianDirector
Phyllis KatzDirector
Rick DavisDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$32,244
Program Service Revenue
$2,590,022
Investment Income
$41,206
Other Revenue
$21,875
All Other Contributions
$32,244
Change in Net Assets
$426,971

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,685,347
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$62,141
Total Revenue per Audited Statements
$2,747,488
Total Revenue per Form 990
$2,685,347
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,241,515
Other Expenses$1,016,861
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$1,041,340-$1,041,340
Payroll Taxes-$126,730-$126,730
All Other Expenses$117,086$8,718-$125,804
Interest$117,041--$117,041
Insurance-$102,088-$102,088
Depreciation Depletion$85,762$14,310-$100,072
Other Expenses$74,609$3,443-$74,609
Current Officers, Directors, Trustees, and Key Employees-$73,445-$73,445
Advertising$68,437--$68,437
Information Technology$54,859--$54,859
Fees for Services Accounting-$29,726-$29,726
Office Expenses$12,817--$12,817
Fees for Services Legal-$10,804-$10,804
Total Functional Expenses$804,832$1,453,544$0$2,258,376

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,258,376
Total Expenses per Audited Statements$2,258,376
Total Expenses per Form 990$2,258,376
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Ron HofmannDirector of OrganizationDirector Provided Marketing and Public Relation Services to the Organization.No$18,091
Rick DavisDirector of OrganizationDirector Provided General Legal Services to the Organization.No$11,338
Nick AntonianDirector of OrganizationDirector Provided Tax Services to the Organization.No$4,120
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
Yes
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

The information return is prepared by outside accountants and is reviewed by the managing director. Once the managing director approves the return, it is made available to the rest of the board prior to electronic filing.

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

Annually, each director is to complete a director statement which confirms their understanding of the policy and lists any potential conflict transactions.

Form 990, Part VI, Section B, line 15

The board determines and approves the compensation for the managing director, full-time employees and office manager.

Form 990, Part VI, Section C, line 18

Form 1023 and 990 are available for public inspection on www.guidestar.org and upon request.

Form 990, Part VI, Section C, line 19

All governing documents, conflict of interest policy, informational returns and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Groundlings
EIN
23-7381137
Phone
3239344747
Address
7307 MELROSE AVENUE, LOS ANGELES, CA 90046

Signing Officer

Name
Heather De Michele
Title
Managing Director
Phone
3239344747
Signed
2017-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Heather De Michele
Formed
1974
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
108
Volunteers
12

Preparer

Firm
Marcum LLP
Address
2049 Century Park East Suite 300, Los Angeles, CA 90067
Preparer
Robert L Babek
Phone
3104327400
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 24E

SCHOOL EXPENSE: Program service expenses 73,079. Management and general expenses 0. Fundraising expenses 0. Total expenses 73,079. UTILITIES: Program service expenses 44,007. Management and general expenses 0. Fundraising expenses 0. Total expenses 44,007. PAYROLL PROCESSING: Program service expenses 0. Management and general expenses 8,718. Fundraising expenses 0. Total expenses 8,718.

Form 990, Part XII, Line 2C:

The Fiscal Year Ended June 30, 2014 (tax year 2013) was the first year The Groundlings financial statements were audited. The Groundlings management is responsible for the preparation and fair presentation of the financial statements. The audit committee selected an independent accounting firm to perform the audit and assumed responsibility for oversight of the audit.

FORM 990:

Section 1.263(a)-1(f) De Minimis Safe Harbor Election The Groundlings 7307 Melrose Avenue Los Angeles, CA 90046 Employer Identification Number: 23-7381137 For the Year Ending June 30, 2017 The Groundlings is making the de minimis safe harbor election under Reg. Sec. 1.263(a)-1(f).

Financial Statement Notes

Part X, Line 2:

The Organization evaluates its tax positions and recognize a liability for any positions that would not be considered "more likely than not" to be upheld under a tax authority examination. If such issues exist, the Organization's policy will be to recognize any tax liability so recorded, including applicable interest and penalties, as a component of income tax expense. During the years ended June 30, 2017 and 2016, the Organization did not recognize any amount in potential interest and penalties associated with uncertain tax positions.

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IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02650205
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02305439
IRS990/NetAssetsOrFundBalancesBOYAmt04669441
IRS990/NetAssetsOrFundBalancesEOYAmt05158553
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01712
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01712
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt05279
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt05279
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt062141
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt012817
IRS990/OfficeExpensesGrp/TotalAmt012817
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2TAXES & LICENSES
IRS990/OtherExpensesGrp/Desc3BOX OFFICE EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt042940
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13443
IRS990/OtherExpensesGrp/ProgramServicesAmt0124736
IRS990/OtherExpensesGrp/ProgramServicesAmt177694
IRS990/OtherExpensesGrp/ProgramServicesAmt271791
IRS990/OtherExpensesGrp/ProgramServicesAmt374609
IRS990/OtherExpensesGrp/TotalAmt0167676
IRS990/OtherExpensesGrp/TotalAmt177694
IRS990/OtherExpensesGrp/TotalAmt275234
IRS990/OtherExpensesGrp/TotalAmt374609
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER
IRS990/OtherRevenueMiscGrp/Desc1CONCESSION INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt09891
IRS990/OtherRevenueMiscGrp/ExclusionAmt16705
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09891
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt16705
IRS990/OtherRevenueTotalAmt016596
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01041340
IRS990/OtherSalariesAndWagesGrp/TotalAmt01041340
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0126730
IRS990/PayrollTaxesGrp/TotalAmt0126730
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08616
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02672
IRS990/PrincipalOfficerNm0HEATHER DE MICHELE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0SCHOOL TUITION
IRS990/ProgramServiceRevenueGrp/Desc1SHOW RELATED INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01870232
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1719790
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01870232
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1719790
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt027770
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt033506
IRS990/PYOtherExpensesAmt01011212
IRS990/PYOtherRevenueAmt030817
IRS990/PYProgramServiceRevenueAmt02614740
IRS990/PYRevenuesLessExpensesAmt0531209
IRS990/PYSalariesCompEmpBnftPaidAmt01164412
IRS990/PYTotalExpensesAmt02175624
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02706833
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0426971
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt05279
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02590022
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01820133
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01922039
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02477582
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0946636
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03424218
IRS990ScheduleD/EquipmentGrp/BookValueAmt0142242
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0142242
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02258376
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt02340772
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02340772
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0192825
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0192825
IRS990ScheduleD/NetUnrealizedGainsInvstAmt062141
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt092739
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt092739
IRS990ScheduleD/RevenueNotReportedAmt062141
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02685347
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization evaluates its tax positions and recognize a liability for any positions that would not be considered "more likely than not" to be upheld under a tax authority examination. If such issues exist, the Organization's policy will be to recognize any tax liability so recorded, including applicable interest and penalties, as a component of income tax expense. During the years ended June 30, 2017 and 2016, the Organization did not recognize any amount in potential interest and penalties associated with uncertain tax positions.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05246160
IRS990ScheduleD/TotalExpensesPerForm990Amt02258376
IRS990ScheduleD/TotalRevenuePerForm990Amt02685347
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02747488
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02258376
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd00
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PUBLICIZES ITS RADICALLY NONDISCRIMINATORY POLICY THROUGH ITS WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOESN'T REQUIRE THE STUDENTS TO DISCLOSE ANY RACIAL INFORMATION AND DOESN'T AWARD ANY SCHOLARSHIPS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 4
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0RICK DAVIS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1RON HOFMANN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2NICK ANTONIAN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIRECTOR OF ORGANIZATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1DIRECTOR OF ORGANIZATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2DIRECTOR OF ORGANIZATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd20
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt011338
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt118091
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt24120
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0DIRECTOR PROVIDED GENERAL LEGAL SERVICES TO THE ORGANIZATION.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1DIRECTOR PROVIDED MARKETING AND PUBLIC RELATION SERVICES TO THE ORGANIZATION.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2DIRECTOR PROVIDED TAX SERVICES TO THE ORGANIZATION.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE INFORMATION RETURN IS PREPARED BY OUTSIDE ACCOUNTANTS AND IS REVIEWED BY THE MANAGING DIRECTOR. ONCE THE MANAGING DIRECTOR APPROVES THE RETURN, IT IS MADE AVAILABLE TO THE REST OF THE BOARD PRIOR TO ELECTRONIC FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY, EACH DIRECTOR IS TO COMPLETE A DIRECTOR STATEMENT WHICH CONFIRMS THEIR UNDERSTANDING OF THE POLICY AND LISTS ANY POTENTIAL CONFLICT TRANSACTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD DETERMINES AND APPROVES THE COMPENSATION FOR THE MANAGING DIRECTOR, FULL-TIME EMPLOYEES AND OFFICE MANAGER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 1023 AND 990 ARE AVAILABLE FOR PUBLIC INSPECTION ON WWW.GUIDESTAR.ORG AND UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, INFORMATIONAL RETURNS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SCHOOL EXPENSE: Program service expenses 73,079. Management and general expenses 0. Fundraising expenses 0. Total expenses 73,079. UTILITIES: Program service expenses 44,007. Management and general expenses 0. Fundraising expenses 0. Total expenses 44,007. PAYROLL PROCESSING: Program service expenses 0. Management and general expenses 8,718. Fundraising expenses 0. Total expenses 8,718.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Fiscal Year Ended June 30, 2014 (tax year 2013) was the first year The Groundlings financial statements were audited. The Groundlings management is responsible for the preparation and fair presentation of the financial statements. The audit committee selected an independent accounting firm to perform the audit and assumed responsibility for oversight of the audit.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Section 1.263(a)-1(f) De Minimis Safe Harbor Election The Groundlings 7307 Melrose Avenue Los Angeles, CA 90046 Employer Identification Number: 23-7381137 For the Year Ending June 30, 2017 The Groundlings is making the de minimis safe harbor election under Reg. Sec. 1.263(a)-1(f).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XII, Line 2c:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt07590382
IRS990/TotalAssetsEOYAmt07703507
IRS990/TotalAssetsGrp/BOYAmt07590382
IRS990/TotalAssetsGrp/EOYAmt07703507
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt032244
IRS990/TotalEmployeeCnt0108
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01453544
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0804832
IRS990/TotalFunctionalExpensesGrp/TotalAmt02258376
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02920941
IRS990/TotalLiabilitiesEOYAmt02544954
IRS990/TotalLiabilitiesGrp/BOYAmt02920941
IRS990/TotalLiabilitiesGrp/EOYAmt02544954

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.74$2.36$5.38$3.22$3.15$0.08
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.86$2.55$5.31$3.05$3.37$0.32
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.25$2.58$5.67$2.81$3.22$0.41
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.63$2.55$6.08$2.60$2.51$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.62$2.48$6.13$1.77$1.34$0.43
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.37$2.47$5.90$2.48$2.46$0.02
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.43$2.56$5.86$3.01$2.87$0.14
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.22$2.56$5.67$2.88$2.41$0.47
2017Detailed filing. Detailed filing data is available for this year.$7.70$2.54$5.16$2.69$2.26$0.43
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.59$2.92$4.67$2.71$2.18$0.53
2015Detailed filing. Detailed filing data is available for this year.$7.04$2.92$4.12$2.82$2.19$0.63
2014Detailed filing. Detailed filing data is available for this year.$6.37$2.89$3.49$2.72$1.95$0.78
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.65$0.16$2.49$1.60
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.20$0.25$1.95$1.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.92$0.35$1.58$1.30
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.86$0.39$1.47$1.32