Civic Intelligence

Theater Development Council Local Development Corporation

990 • Fiscal year 2016 • EIN 26-0728288

Jun 01, 2015 to May 31, 2016 • Filed on Oct 11, 2016

120 Broadway 31st FloorNew York, NY 10271

(212) 720-3400

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.01x

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

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

20th percentile

0.01x

Higher debt load relative to revenue than 20% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Net Margin

98th percentile

82%

Higher net margin than 98% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

33rd percentile

$0

Higher top officer pay than 33% of similar nonprofits.

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

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Asset Growth

90th percentile

45%

Faster asset growth than 90% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

100th percentile

76669%

Faster revenue growth than 100% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$3,720,754

Up $1,147,924 (+45%) from 2015

Net Assets

Up

$3,701,359

Up $1,135,244 (+44%) from 2015

Liabilities

Up

$19,395

Up $12,680 (+189%) from 2015

Revenue

Up

$1,378,000

Up $1,376,205 (+76669%) from 2015

Expenses

Down

$242,756

Down $142,920 (-37%) from 2015

Net Income

Up

$1,135,244

Up $1,519,125 (+396%) 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 2012: $2,151,411Liabilities 2012: $2,750Net Assets 2012: $2,148,6612012Assets 2013: $1,847,342Liabilities 2013: $0Net Assets 2013: $1,847,3422013Assets 2014: $2,952,746Liabilities 2014: $2,750Net Assets 2014: $2,949,9962014Assets 2015: $2,572,830Liabilities 2015: $6,715Net Assets 2015: $2,566,1152015Assets 2016: $3,720,754Liabilities 2016: $19,395Net Assets 2016: $3,701,3592016Assets 2017: $1,840,170Liabilities 2017: $16,826Net Assets 2017: $1,823,3442017Assets 2018: $1,818,681Liabilities 2018: $460,991Net Assets 2018: $1,357,6902018Assets 2019: $467,064Liabilities 2019: $221,521Net Assets 2019: $245,5432019Assets 2020: $256,211Liabilities 2020: $29,620Net Assets 2020: $226,5912020Assets 2021: $225,249Liabilities 2021: $9,185Net Assets 2021: $216,0642021Assets 2022: $215,488Liabilities 2022: $8,900Net Assets 2022: $206,5882022Assets 2023: $206,391Liabilities 2023: $11,000Net Assets 2023: $195,3912023Assets 2024: $197,448Liabilities 2024: $11,000Net Assets 2024: $186,4482024Assets 2025: $1,583,985Liabilities 2025: $11,000Net Assets 2025: $1,572,9852025

Highlighted filing

2016

Assets$3,720,754
Liabilities$19,395
Net Assets$3,701,359

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2012: $1,345,9872012Expenses 2013: $304,0222013Revenue 2014: $1,821,547Expenses 2014: $718,893Net Income 2014: $1,102,6542014Revenue 2015: $1,795Expenses 2015: $385,676Net Income 2015: -$383,8812015Revenue 2016: $1,378,000Expenses 2016: $242,756Net Income 2016: $1,135,2442016Revenue 2017: $4,027Expenses 2017: $1,882,042Net Income 2017: -$1,878,0152017Revenue 2018: $3,587Expenses 2018: $469,241Net Income 2018: -$465,6542018Revenue 2019: $4,889Expenses 2019: $1,117,036Net Income 2019: -$1,112,1472019Revenue 2020: $1,698Expenses 2020: $12,650Net Income 2020: -$10,9522020Revenue 2021: $73Expenses 2021: $10,600Net Income 2021: -$10,5272021Revenue 2022: $33Expenses 2022: $9,509Net Income 2022: -$9,4762022Revenue 2023: $2,203Expenses 2023: $13,400Net Income 2023: -$11,1972023Revenue 2024: $3,758Expenses 2024: $12,701Net Income 2024: -$8,9432024Revenue 2025: $1,399,894Expenses 2025: $13,357Net Income 2025: $1,386,5372025

Highlighted filing

2016

Revenue$1,378,000
Expenses$242,756
Net Income$1,135,244
Jump To
Filing Snapshot
Filing Period
Jun 1, 2015 to May 31, 2016
Signed
Oct 11, 2016
Return Version
2015v2.1
Gross Receipts
$1,378,000
Mission and Program Overview

Mission

The mission of the theater subdistrict council (tsc) is to enhance the long-term viability of Broadway by making grants to facilitate the production of plays and small musicals within the theater subdistrict, making grants to develop new audiences for all types of theatrical productions, and monitoring preservation and use covenants in Broadways listed theaters.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,544,787$3,695,754▲ $1,150,967
Cash and Non-Interest-Bearing Accounts$28,043$25,000▼ $3,043
Total Assets$2,572,830$3,720,754▲ $1,147,924
Liabilities
Accounts Payable and Accrued Expenses$6,715$19,395▲ $12,680
Total Liabilities$6,715$19,395▲ $12,680
Net Assets / Fund Balance
Unrestricted Net Assets$2,566,115$3,701,359▲ $1,135,244
Total Net Assets Fund Balance$2,566,115$3,701,359▲ $1,135,244
Total Liabilities and Net Assets / Fund Balance$2,572,830$3,720,754▲ $1,147,924
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bill De BlasioChairperson
Melissa Mark ViveritoVice Chair
Daryl RothBoard Member
George C WolfeBoard Member
Lin Manuel-mirandaBoard Member
Paige PriceBoard Member
David ParishCFO
Tracey KnucklesFormer CEO
Gale BrewerSecretary
Carl WeisbrodTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,375,431
Program Service Revenue
$0
Investment Income
$2,569
Other Revenue
$0
Change in Net Assets
$1,135,244

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,378,000
Total Revenue per Audited Statements
$1,378,000
Total Revenue per Form 990
$1,378,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$220,000
Other Expenses$22,756
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$220,000--$220,000
Fees for Services Other$17,160--$17,160
Fees for Services Accounting-$4,946-$4,946
Other Expenses-$650-$650
Total Functional Expenses$237,160$5,596$0$242,756

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$242,756
Total Expenses per Audited Statements$242,756
Total Expenses per Form 990$242,756
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Public TheaterNew York, NY-Theater Preservation$120,000
Progones TheaterBronx, NY-Theater Preservation$100,000
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

The 990 is reviewed and approved by the chief financial officer. The tsc board authorizes the chief financial officer the authority to perform this function.

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

All board members are required to review annually the list of proposed grantees and vendors and disclose if there is any conflict of interest. In the event a covered person becomes aware of any potential conflict of interest, such covered person shall make disclosure forthwith of the nature and extent of his or her potential conflict. Disclosure shall be entered in writing upon the minutes of the board of directors. Appropriate measures to address the conflict shall include recusal by the affected covered person with respect to all activities of the tsc relating to the transaction.

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

The senior management of the theater subdistrict council local development corporation ( tsc ) consists of its chief executive officer, chief financ ial officer and contracting officer, who shall receive no remuneration fro m the tsc.

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

TSC HAS NO EMPLOYEES.

Form 990, Page 6, Part VI, Line 19

Sent upon request and available on website

Filing and Contact Details

Filer

Filer Name
Theater Subdistrict Council
EIN
26-0728288
Phone
2127203400
Address
120 BROADWAY 31ST FLOOR, NEW YORK, NY 10271

Signing Officer

Name
David Parish
Title
CFO
Phone
2127203400
Signed
2016-10-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Parish
Formed
2000
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Wei Wei & Co Llp
Address
13310 39TH AVE, FLUSHING, NY 11354
Preparer
Steve Wei CPA
Phone
7184456308
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the theater subdistrict council (tsc) is to enhance the long-term viability of broadway by making grants to facilitate the production of plays and small musicals within the theater subdistrict, making grants to develop new audiences for all types of theatrical productions, and monitoring preservation and use covenants in broadways listed theaters.

Raw XML Appendix361 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt06715
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt019395
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE MISSION OF THE THEATER SUBDISTRICT COUNCIL (TSC) IS TO ENHANCE THE LONG-TERM VIABILITY OF BROADWAY BY MAKING GRANTS TO FACILITATE THE PRODUCTION OF PLAYS AND SMALL MUSICALS WITHIN THE THEATER SUBDISTRICT, MAKING GRANTS TO DEVELOP NEW AUDIENCES FOR ALL TYPES OF THEATRICAL PRODUCTIONS, AND MONITORING PRESERVATION AND USE COVENANTS IN BROADWAYS LISTED THEATERS.
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0DAVID PARISH
IRS990/BooksInCareOfDetail/PhoneNum02127203650
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0120 BROADWAY 31ST FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010271
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt028043
IRS990/CashNonInterestBearingGrp/EOYAmt025000
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01375431
IRS990/CYGrantsAndSimilarPaidAmt0220000
IRS990/CYInvestmentIncomeAmt02569
IRS990/CYOtherExpensesAmt022756
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01135244
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0242756
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01378000
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0PROVIDED GRANTS TO ORGANIZATIONS FOR PROGRAMS THAT SUPPORT THE DEVELOPMENT OF NEW THEATER PROGRAMING AND DEVELOP NEW AUDIENCES THROUGH THEATER EDUCATION AND OUTREACH INITIATIVES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0237160
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04946
IRS990/FeesForServicesAccountingGrp/TotalAmt04946
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt017160
IRS990/FeesForServicesOtherGrp/TotalAmt017160
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0GALE BREWER
IRS990/Form990PartVIISectionAGrp/PersonNm1LIN MANUEL-MIRANDA
IRS990/Form990PartVIISectionAGrp/PersonNm2DARYL ROTH
IRS990/Form990PartVIISectionAGrp/PersonNm3GEORGE C WOLFE
IRS990/Form990PartVIISectionAGrp/PersonNm4PAIGE PRICE
IRS990/Form990PartVIISectionAGrp/PersonNm5BILL DE BLASIO
IRS990/Form990PartVIISectionAGrp/PersonNm6MELISSA MARK VIVERITO
IRS990/Form990PartVIISectionAGrp/PersonNm7CARL WEISBROD
IRS990/Form990PartVIISectionAGrp/PersonNm8DAVID PARISH
IRS990/Form990PartVIISectionAGrp/PersonNm9TRACEY KNUCKLES
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt9FORMER CEO
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd0true
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt01375431
IRS990/GrantAmt0220000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0220000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0220000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01378000
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt02569
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02569
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF THE THEATER SUBDISTRICT COUNCIL (TSC) IS TO ENHANCE THE LONG-TERM VIABILITY OF BROADWAY BY MAKING GRANTS TO FACILITATE THE PRODUCTION OF PLAYS AND SMALL MUSICALS WITHIN THE THEATER SUBDISTRICT, MAKING GRANTS TO DEVELOP NEW AUDIENCES FOR ALL TYPES OF THEATRICAL PRODUCTIONS, AND MONITORING PRESERVATION AND USE COVENANTS IN BROADWAYS LISTED THEATERS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02566115
IRS990/NetAssetsOrFundBalancesEOYAmt03701359
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0650
IRS990/OtherExpensesGrp/TotalAmt0650
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DAVID PARISH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0375000
IRS990/PYInvestmentIncomeAmt01795
IRS990/PYOtherExpensesAmt010676
IRS990/PYRevenuesLessExpensesAmt0-383881
IRS990/PYTotalExpensesAmt0385676
IRS990/PYTotalRevenueAmt01795
IRS990/ReconcilationRevenueExpnssAmt01135244
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02544787
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03695754
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01375431
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01819491
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0835005
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04029927
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01795
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02056
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02703
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04346
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt010900
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02569
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99730
IRS990ScheduleA/PublicSupportTotal170Amt04029927
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01375431
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01819491
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0835005
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04029927
IRS990ScheduleA/TotalSupportAmt04040827
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0242756
IRS990ScheduleD/RevenueSubtotalAmt01378000
IRS990ScheduleD/TotalExpensesPerForm990Amt0242756
IRS990ScheduleD/TotalRevenuePerForm990Amt01378000
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01378000
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0242756
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt0100000
IRS990ScheduleI/RecipientTable/CashGrantAmt1120000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0THEATER PRESERVATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1THEATER PRESERVATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0PROGONES THEATER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1THE PUBLIC THEATER
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0571 WALTON AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1425 LAFAYETTE ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BRONX
IRS990ScheduleI/RecipientTable/USAddress/CityNm1NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd010451
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd110003
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS ORGANIZATION RECEIVING GR ANTS ARE REQUIRED TO SUBMIT REPORTS DETAILING COMPLIANCE WITH GRANTS. PAYM ENT OF GRANTS CONTINGENT UPON GRANT REQUIREMENTS BEING SATISFIED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TRACEY KNUCKLES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0FORMER CEO
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE THEATER SUBDISTRICT COUNCIL (TSC) IS TO ENHANCE THE LONG-TERM VIABILITY OF BROADWAY BY MAKING GRANTS TO FACILITATE THE PRODUCTION OF PLAYS AND SMALL MUSICALS WITHIN THE THEATER SUBDISTRICT, MAKING GRANTS TO DEVELOP NEW AUDIENCES FOR ALL TYPES OF THEATRICAL PRODUCTIONS, AND MONITORING PRESERVATION AND USE COVENANTS IN BROADWAYS LISTED THEATERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED AND APPROVED BY THE CHIEF FINANCIAL OFFICER. THE TSC BOARD AUTHORIZES THE CHIEF FINANCIAL OFFICER THE AUTHORITY TO PERFORM THIS FUNCTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL BOARD MEMBERS ARE REQUIRED TO REVIEW ANNUALLY THE LIST OF PROPOSED GRANTEES AND VENDORS AND DISCLOSE IF THERE IS ANY CONFLICT OF INTEREST. IN THE EVENT A COVERED PERSON BECOMES AWARE OF ANY POTENTIAL CONFLICT OF INTEREST, SUCH COVERED PERSON SHALL MAKE DISCLOSURE FORTHWITH OF THE NATURE AND EXTENT OF HIS OR HER POTENTIAL CONFLICT. DISCLOSURE SHALL BE ENTERED IN WRITING UPON THE MINUTES OF THE BOARD OF DIRECTORS. APPROPRIATE MEASURES TO ADDRESS THE CONFLICT SHALL INCLUDE RECUSAL BY THE AFFECTED COVERED PERSON WITH RESPECT TO ALL ACTIVITIES OF THE TSC RELATING TO THE TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SENIOR MANAGEMENT OF THE THEATER SUBDISTRICT COUNCIL LOCAL DEVELOPMENT CORPORATION ( TSC ) CONSISTS OF ITS CHIEF EXECUTIVE OFFICER, CHIEF FINANC IAL OFFICER AND CONTRACTING OFFICER, WHO SHALL RECEIVE NO REMUNERATION FRO M THE TSC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TSC HAS NO EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SENT UPON REQUEST AND AVAILABLE ON WEBSITE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02572830
IRS990/TotalAssetsEOYAmt03720754
IRS990/TotalAssetsGrp/BOYAmt02572830
IRS990/TotalAssetsGrp/EOYAmt03720754
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01375431
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05596
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0237160
IRS990/TotalFunctionalExpensesGrp/TotalAmt0242756
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06715
IRS990/TotalLiabilitiesEOYAmt019395
IRS990/TotalLiabilitiesGrp/BOYAmt06715
IRS990/TotalLiabilitiesGrp/EOYAmt019395
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02566115
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03701359
IRS990/TotalProgramServiceExpensesAmt0237160
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02569
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01378000
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02572830
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03720754
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02566115
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03701359
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0120 BROADWAY 31ST FLOOR
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010271
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0HTTP://WWW.NYC.GOV/HTML/DCP/HTML/TSC/T
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID PARISH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum02127203400
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THEATER SUBDISTRICT COUNCIL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0LOCAL DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0THEA
ReturnHeader/Filer/EIN0260728288
ReturnHeader/Filer/PhoneNum02127203400
ReturnHeader/Filer/USAddress/AddressLine1Txt0120 BROADWAY 31ST FLOOR
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010271
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113264561
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEI WEI & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt013310 39TH AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FLUSHING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011354
ReturnHeader/PreparerPersonGrp/PhoneNum07184456308
ReturnHeader/PreparerPersonGrp/PreparationDt02016-10-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVE WEI CPA
ReturnHeader/ReturnTs02016-10-11T16:49:38-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-06-01
ReturnHeader/TaxPeriodEndDt02016-05-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.58$0.01$1.57$1.40$0.01$1.39
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.01$0.19$0.00$0.01$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.01$0.20$0.00$0.01$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.22$0.01$0.21$0.00$0.01$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.01$0.22$0.00$0.01$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.03$0.23$0.00$0.01$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.22$0.25$0.00$1.12$1.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.82$0.46$1.36$0.00$0.47$0.47
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.84$0.02$1.82$0.00$1.88$1.88
2016Detailed filing. Detailed filing data is available for this year.$3.72$0.02$3.70$1.38$0.24$1.14
2015Detailed filing. Detailed filing data is available for this year.$2.57$0.01$2.57$0.00$0.39$0.38
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.95$0.00$2.95$1.82$0.72$1.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$0.00$1.85$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$0.00$2.15$1.35