Civic Intelligence

Participant Incorporated

990 • Fiscal year 2018 • EIN 26-0017746

Jan 01, 2018 to Dec 31, 2018 • Filed on Jan 23, 2020

253 East Houston StreetNew York, NY 10002

(212) 254-4334

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$111,602

Up $38,320 (+52%) from 2017

Net Assets

Up

$17,799

Up $5,550 (+45%) from 2017

Liabilities

Up

$93,803

Up $32,770 (+54%) from 2017

Revenue And Expenses

Revenue

Up

$338,613

Up $87,539 (+35%) from 2017

Expenses

Up

$333,063

Up $19,059 (+6.1%) from 2017

Net Income

Up

$5,550

Up $68,480 (+109%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2010: $112,670Liabilities 2010: $58,282Net Assets 2010: $54,3882010Assets 2016: $120,292Liabilities 2016: $45,113Net Assets 2016: $75,1792016Assets 2017: $73,282Liabilities 2017: $61,033Net Assets 2017: $12,2492017Assets 2018: $112,772Liabilities 2018: $105,003Net Assets 2018: $7,7692018Assets 2018: $111,602Liabilities 2018: $93,803Net Assets 2018: $17,7992018Assets 2019: $50,179Liabilities 2019: $94,473Net Assets 2019: -$44,2942019Assets 2020: $160,469Liabilities 2020: $48,740Net Assets 2020: $111,7292020Assets 2021: $147,673Liabilities 2021: $97,134Net Assets 2021: $50,5392021Assets 2022: $216,038Liabilities 2022: $52,541Net Assets 2022: $163,4972022Assets 2023: $845,798Liabilities 2023: $405,396Net Assets 2023: $440,4022023Assets 2024: $976,365Liabilities 2024: $182,994Net Assets 2024: $793,3712024

Highlighted filing

2018

Assets$111,602
Liabilities$93,803
Net Assets$17,799

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $205,1192010Revenue 2016: $377,856Expenses 2016: $319,781Net Income 2016: $58,0752016Revenue 2017: $251,074Expenses 2017: $314,004Net Income 2017: -$62,9302017Revenue 2018: $315,622Expenses 2018: $330,363Net Income 2018: -$14,7412018Revenue 2018: $338,613Expenses 2018: $333,063Net Income 2018: $5,5502018Revenue 2019: $306,944Expenses 2019: $369,037Net Income 2019: -$62,0932019Revenue 2020: $454,339Expenses 2020: $298,316Net Income 2020: $156,0232020Revenue 2021: $418,378Expenses 2021: $479,568Net Income 2021: -$61,1902021Revenue 2022: $700,428Expenses 2022: $562,930Net Income 2022: $137,4982022Revenue 2023: $755,693Expenses 2023: $478,788Net Income 2023: $276,9052023Revenue 2024: $1,726,063Expenses 2024: $1,373,094Net Income 2024: $352,9692024

Highlighted filing

2018

Revenue$338,613
Expenses$333,063
Net Income$5,550
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jan 23, 2020
Return Version
2018v3.1
Gross Receipts
$339,035
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$20,512$50,128▲ $29,616
Loans From Officers Directors$19,709$35,731▲ $16,022
Land, Buildings, and Equipment, Net$37,959$30,142▼ $7,817
Pledges and Grants Receivable$5,000$22,000▲ $17,000
Prepaid Expenses and Deferred Charges$1,403$924▼ $479
Total Assets$73,282$111,602▲ $38,320
Other Assets Total$8,408$8,408→ $0
Liabilities
Accounts Payable and Accrued Expenses$40,854$57,507▲ $16,653
Unsecured Notes Loans Payable$470$565▲ $95
Other Liabilities$0$0→ $0
Total Liabilities$61,033$93,803▲ $32,770
Net Assets / Fund Balance
Temporarily Rstr Net Assets$35,000$22,000▼ $13,000
Unrestricted Net Assets$-22,751$-4,201▲ $18,550
Total Net Assets Fund Balance$12,249$17,799▲ $5,550
Total Liabilities and Net Assets / Fund Balance$73,282$111,602▲ $38,320

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$28,799$80,651$109,450
Equipment$1,343$23,455$24,798
Land$0-$0
Other Assets Org$8,408--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Lia GangitanoFounder/directorFT$1,700$1,700

Board Members and Trustees

NameTitle
Jacqueline HumphriesPresident
Mari SpiritoVice President
Annie OhayonBoard Member
April HuntBoard Member
Derrick AdamsBoard Member
Elisabeth SussmanBoard Member
Ellen F SalpeterBoard Member
Jeffrey GibsonBoard Member
Joseph R WolinBoard Member
Justin Vivian BondBoard Member
Marisa NewmanBoard Member
Michele MaccaroneBoard Member
Renaud ProchBoard Member
Rose LordBoard Member
Sheri PasquarellaBoard Member
Tony OurslerBoard Member
Lucien BahajEx Officio
Ramsey McphillipsEx Officio
Timothy U NyeEx Officio
Thalia FeilenSecretary
Ross EvangelistaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$334,643
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$3,970
All Other Contributions
$268,218
Change in Net Assets
$5,550
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$308,417
Salaries, Compensation, and Employee Benefits$24,646
Total Fundraising Expense$1,115
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$112,634$37,545$0$150,179
All Other Expenses$38,915$3,197$122$42,234
Other Salaries and Wages$11,736$11,142$797$23,675
Fees for Services Other$13,775$2,155$0$15,930
Office Expenses$9,257$2,209$158$11,624
Depreciation Depletion$7,817$0$0$7,817
Insurance$5,078$1,145$5$6,228
Travel$5,005$0$0$5,005
Information Technology$4,882$0$0$4,882
Other Expenses$1,298$0$0$1,298
Fees for Services Accounting$0$1,200$0$1,200
Payroll Taxes$481$457$33$971
Total Functional Expenses$272,898$59,050$1,115$333,063
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$422
Fundraising Gross Income$422
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Benefit$40,847$422$422$0
Total Events$40,847$422$422$0
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
Loans from Officers, Directors, Trustees, and Key Employees$19,709$35,731▲ $16,022
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
0$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
No
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
Filing and Contact Details

Filer

Filer Name
Participant Inc
EIN
26-0017746
Phone
2122544334
Address
253 EAST HOUSTON STREET, NEW YORK, NY 10002

Signing Officer

Name
Lia Gangitano
Title
Director
Phone
2122544334
Signed
2020-01-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lia Gangitano
Formed
2001
Legal Domicile
Ny
Voting Board Members
21
Independent Board Members
18
Employees
2
Volunteers
20

Preparer

Firm
Rich and Bander Llp
Address
79 Madison Avenue 2nd Floor, New York, NY 10016
Preparer
Jonathan a Bander
Phone
2126842470
Supplemental Narrative

Additional Explanations

Other

Part i, line 1 & part iii, line 1: the mission of participant, inc. Is to serve artists through in-depth consideration, presentation, and the publishing of critical writing; and to introduce the work into public contexts through exhibitions, screenings, performances, and education programs. The organization's mission builds upon alternative space methodologies, particularly a commitment to interdisciplinary, intergenerational exhibition making, and an insistence upon placing together, in one space, work from various mediums - encouraging the coexistence of visual and time-based art.

Other

Part iii, line 4a:we began 2018 with a residency and performances by keyon gaskin, [a swatch of lavender]: a self portrait, commissioned and presented in partnership with gibney dance from january 11-14, 2018. This was followed by a solo exhibition of paintings and works on paper by jayne county, paranoia paradise, curated by michael fox from february 4 - march 18, 2018. We launched our friends edition kathe burkhart, small hole: from the liz taylor series (ash wednesday) on sunday, february 11, 2018 and hosted our first in a dinner series with mbhave: the artist cooks on february 26, 2018. This was followed by a solo exhibition of collages and an inhabited sculpture by narcissister, studies for participatory sculpture, which remained on view from april 20 - may 6, 2018. Lyle ashton harris returned to performance on the opening night of his solo exhibition aka daddy, which remained on view from may 13 through june 24, 2018; he was joined in conversation with khary simon on june 24, 2018. We then presented the first major solo exhibition by tuesday smillie, reflecting light into the unshadow from july 1 - august 5, 2018. This was followed by an august residency period for the project, a new job to unwork at, organized by guest curators andrew kachel and clara lopez menendez. It included the following public programs and workshops, all taking place in august and september 2018: punching songs together, a musical performance by amelia bande??with susan karabush, neyza honore, jenno snyder, and tina zavitzanos; coop fund?hosting the first of two workshops that gave an introduction to coop fund, detailing how it was started, and how it operates now; a screening curated by karl mccool including films by joann elam, everyday people (rough cut), 1978-90 and kevin jerome everson, company line, 2009; and we presented a conversation between kathi weeks, professor of gender, sexuality and feminist studies at duke university and author of the problem with work: feminism, marxism, antiwork politics and postwork imaginaries, and lise soskolne, artist and core organizer of working artists and the greater economy (w.a.g.e.), a new york-based activist organization. ? This residency period was followed by the group exhibition, a new job to unwork at, curated by andrew kachel and clara lopez menendez, on view from september 9 - october 14, 2018. During the exhibition's run, public programs included an artist talk by rafa esparza; readings in conjunction with the launch of glq journal on queer commons; and a play by valerie lynn werder, a notable fiction. Sunday, october 14, 2018. In october 2018, we organized and hosted public programs in conjunction with the exhibition the conditions of being art, pat hearn gallery and american fine arts, co. Including a screening and talk by patterson beckwith regarding art club 2000; a skype lecture by julia scher; a performance by simon leung; and an artist talk with tishan hsu. Also on october 28, 2018, we hosted a book launch and viewing of related ephemera, with readings by john brattin and clara lopez menendez regarding the publication ellen cantor, a history of the world as it has become known to me. This was followed by breaking wave (november 4 - 18, 2018), a benefit exhibition on the occasion of participant's 16th anniversary. With works by stephen andrews, michel auder, itziar barrio, f.p. Boue, lizzi bougatsos, robert boyd, matthew brannon, kathe burkhart, jayne county, vaginal davis, kate finneran, glen fogel, ektor garcia, cy gavin, jeffrey gibson, neil goldberg, felix gonzalez-torres, renee green, k8 hardy, baseera khan, m lamar, michael lazarus, lovett/codagnone, shelley marlow, virgil marti, nick mauss, daniel mcdonald, josephine meckseper, glendalys medina, felipe meres, marilyn minter, narcissister, laura parnes, kembra pfahler, luther price, marja samsom, cole sayer, kate shepherd, tuesday smillie, spencer sweeney, tabboo! (stephen tashjian), paul thek, conrad ventur, and rona yefman. Also o

Pt VI, Line 11B

The director reviews form 990 prior to filing.

Pt VI, Line 12C

Officers/directors are required to disclose conflicts of interest annually.

Pt VI, Line 19

UPON REQUEST.

Form 990, Part IX, Line 24E

Installation - crew 20983. 20983. 0. 0.

Form 990, Part IX, Line 24E

Administrative costs 1925. 0. 1925. 0.

Form 990, Part IX, Line 24E

Telephone 1124. 557. 529. 38.

Form 990, Part IX, Line 24E

Documentation 4267. 4267. 0. 0.

Form 990, Part IX, Line 24E

Benefit expense 84. 0. 0. 84.

Form 990, Part IX, Line 24E

Opening and event costs 3315. 3315. 0. 0.

Form 990, Part IX, Line 24E

MEALS 8889. 8889. 0. 0.

Form 990, Part IX, Line 24E

Equipment rental and repairs 904. 904. 0. 0.

Form 990, Part IX, Line 24E

Payroll Processing Fees 743. 0. 743. 0.

Financial Statement Notes

Pt X, Line 2

The organization has evaluated its current tax positions and has concluded that as of december 31, 2018, the organization does not have any significant uncertain tax positions for which a reserve would be necessary.

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