Civic Intelligence

Purple Threads Theatre Ensemble Inc

EIN 26-3114926 • 501(c)7 • Woodside, NY

990-N Coverage

Profile

The purposes for which the corporation has been formed are as follows: (a) to be a resource for artists in all different types of art forms to collaborate and create theatrical productions that will stimulate a better understanding to its audience of the human condition; (b) to be a link with other theatrical groups and provide a network to artists and playwrights who wish to engage in theatrical production but are financially limited in doing so and to further the understanding of using theatre production as a means of education; and (c) to offer students of the theatre arts an opportunity for short term internships and other demonstration programs to become informed on the administrative and day-to-day process of theatrical production and the management and organization of a theatre company.

41-22 69th St FL 3Woodside, NY 11377

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2014

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2014

Net Margin

29th percentile

-5.5%

Higher net margin than 29% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2014

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

501(c)7 • <$500k nonprofits • Source year 2014

Asset Growth

19th percentile

-22%

Faster asset growth than 19% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

4th percentile

-85%

Faster revenue growth than 4% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$728

Down $200 (-22%) from 2013

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$728

Down $200 (-22%) from 2013

Revenue

Down

$3,862

Down $22,172 (-85%) from 2013

Expenses

Down

$4,076

Down $26,229 (-87%) from 2013

Net Income

Up

-$214

Up $4,057 (+95%) from 2013

Trend Graphs

Balance Sheet Trend

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

$1.0K$500$0Assets 2013: $928Net Assets 2013: $9282013Assets 2014: $728Net Assets 2014: $7282014

Highlighted filing

2014

Assets$728
Liabilities-
Net Assets$728

Operations Trend

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

$40K$30K$20K$10K$0-$10KRevenue 2013: $26,034Expenses 2013: $30,305Net Income 2013: -$4,2712013Revenue 2014: $3,862Expenses 2014: $4,076Net Income 2014: -$2142014

Highlighted filing

2014

Revenue$3,862
Expenses$4,076
Net Income-$214

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 13, 2015
Return Version
2014v5.0
Gross Receipts
$3,862
Mission and Program Overview

Mission

The purposes for which the corporation has been formed are as follows: (a) to be a resource for artists in all different types of art forms to collaborate and create theatrical productions that will stimulate a better understanding to its audience of the human condition; (b) to be a link with other theatrical groups and provide a network to artists and playwrights who wish to engage in theatrical production but are financially limited in doing so and to further the understanding of using theatre production as a means of education; and (c) to offer students of the theatre arts an opportunity for short term internships and other demonstration programs to become informed on the administrative and day-to-day process of theatrical production and the management and organization of a theatre company.

Program Services

DescriptionGrantsExpenses
THEATRICAL PERFORMANCES--
THEATRICAL PERFORMANCES--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DANIELLE M VELKOFFDirector-$0--
Filing and Contact Details

Filer

Filer Name
Purple Threads Theatre Ensemble
EIN
26-3114926
Phone
2123205709
Address
41-22 69TH ST FL 3, WOODSIDE, NY 11377

Signing Officer

Name
Danielle M Velkoff
Title
President
Phone
2123205709
Signed
2015-05-13

Preparer

Firm
Eric Alper CPA Esq
Address
33 MEADOW WOODS RD, GREAT NECK, NY 11020-1324
Preparer
Eric Alper
Phone
5164821247
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Prior year reversal 100 total 100

Form 990-ez, Part I, Line 16

Expenses office 61 travel 10 insurance 395 bank charges 135 books & reference 33 business registration fee 35 computer & internet 217 facilities & equipment 700 fundraising expenses 168 production costs 2,198 supplies 76 total 4,028

Form 990-ez, Part I, Line 20

OTHER INCREASES 13

Form 990-ez, Part II, Line 26

OTHER LIABILITIES 0 0

Form 990-ez, Part III

The purposes for which the corporation has been formed are as follows: (a) to be a resource for artists in all different types of art forms to collaborate and create theatrical productions that will stimulate a better understanding to its audience of the human condition; (b) to be a link with other theatrical groups and provide a network to artists and playwrights who wish to engage in theatrical production but are financially limited in doing so and to further the understanding of using theatre production as a means of education; and (c) to offer students of the theatre arts an opportunity for short term internships and other demonstration programs to become informed on the administrative and day-to-day process of theatrical production and the management and organization of a theatre company.

Form 990-ez, Part III, Line 31

THEATRICAL PERFORMANCES

Raw XML Appendix98 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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IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSES FOR WHICH THE CORPORATION HAS BEEN FORMED ARE AS FOLLOWS: (A) TO BE A RESOURCE FOR ARTISTS IN ALL DIFFERENT TYPES OF ART FORMS TO COLLABORATE AND CREATE THEATRICAL PRODUCTIONS THAT WILL STIMULATE A BETTER UNDERSTANDING TO ITS AUDIENCE OF THE HUMAN CONDITION; (B) TO BE A LINK WITH OTHER THEATRICAL GROUPS AND PROVIDE A NETWORK TO ARTISTS AND PLAYWRIGHTS WHO WISH TO ENGAGE IN THEATRICAL PRODUCTION BUT ARE FINANCIALLY LIMITED IN DOING SO AND TO FURTHER THE UNDERSTANDING OF USING THEATRE PRODUCTION AS A MEANS OF EDUCATION; AND (C) TO OFFER STUDENTS OF THE THEATRE ARTS AN OPPORTUNITY FOR SHORT TERM INTERNSHIPS AND OTHER DEMONSTRATION PROGRAMS TO BECOME INFORMED ON THE ADMINISTRATIVE AND DAY-TO-DAY PROCESS OF THEATRICAL PRODUCTION AND THE MANAGEMENT AND ORGANIZATION OF A THEATRE COMPANY.
IRS990EZ/PrintingPublicationsPostageAmt048
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THEATRICAL PERFORMANCES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THEATRICAL PERFORMANCES
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
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IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt04076
IRS990EZ/TotalRevenueAmt03862
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRIOR YEAR REVERSAL 100 TOTAL 100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE 61 TRAVEL 10 INSURANCE 395 BANK CHARGES 135 BOOKS & REFERENCE 33 BUSINESS REGISTRATION FEE 35 COMPUTER & INTERNET 217 FACILITIES & EQUIPMENT 700 FUNDRAISING EXPENSES 168 PRODUCTION COSTS 2,198 SUPPLIES 76 TOTAL 4,028
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OTHER INCREASES 13
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER LIABILITIES 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PURPOSES FOR WHICH THE CORPORATION HAS BEEN FORMED ARE AS FOLLOWS: (A) TO BE A RESOURCE FOR ARTISTS IN ALL DIFFERENT TYPES OF ART FORMS TO COLLABORATE AND CREATE THEATRICAL PRODUCTIONS THAT WILL STIMULATE A BETTER UNDERSTANDING TO ITS AUDIENCE OF THE HUMAN CONDITION; (B) TO BE A LINK WITH OTHER THEATRICAL GROUPS AND PROVIDE A NETWORK TO ARTISTS AND PLAYWRIGHTS WHO WISH TO ENGAGE IN THEATRICAL PRODUCTION BUT ARE FINANCIALLY LIMITED IN DOING SO AND TO FURTHER THE UNDERSTANDING OF USING THEATRE PRODUCTION AS A MEANS OF EDUCATION; AND (C) TO OFFER STUDENTS OF THE THEATRE ARTS AN OPPORTUNITY FOR SHORT TERM INTERNSHIPS AND OTHER DEMONSTRATION PROGRAMS TO BECOME INFORMED ON THE ADMINISTRATIVE AND DAY-TO-DAY PROCESS OF THEATRICAL PRODUCTION AND THE MANAGEMENT AND ORGANIZATION OF A THEATRE COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THEATRICAL PERFORMANCES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02016-02-25 16:41:14Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum02123205709
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ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0PURP
ReturnHeader/Filer/EIN0263114926
ReturnHeader/Filer/PhoneNum02123205709
ReturnHeader/Filer/USAddress/AddressLine1Txt041-22 69TH ST FL 3
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt033 MEADOW WOODS RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREAT NECK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0110201324
ReturnHeader/PreparerPersonGrp/PhoneNum05164821247
ReturnHeader/PreparerPersonGrp/PreparationDt02015-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERIC ALPER
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-05-14T19:43:50-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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