Civic Intelligence

Huge Improv Theater

990 • Fiscal year 2021 • EIN 26-3326882

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 15, 2022

3037 Lyndale Avenue SouthMinneapolis, MN 55408

(612) 412-4843

Siviq Scores

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

Liabilities / Assets

75th percentile

0.22x

Higher debt load relative to assets than 75% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

71st percentile

0.17x

Higher debt load relative to revenue than 71% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

79th percentile

37%

Higher net margin than 79% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

60th percentile

$28,973

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

89th percentile

82%

Faster asset growth than 89% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

90th percentile

143%

Faster revenue growth than 90% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$539,681

Up $243,593 (+82%) from 2020

Net Assets

Up

$421,241

Up $260,646 (+162%) from 2020

Liabilities

Down

$118,440

Down $17,053 (-13%) from 2020

Revenue

Up

$710,456

Up $418,338 (+143%) from 2020

Expenses

Up

$449,810

Up $29,972 (+7.1%) from 2020

Net Income

Up

$260,646

Up $388,366 (+304%) from 2020

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 2017: $207,078Liabilities 2017: $2,763Net Assets 2017: $204,3152017Assets 2018: $177,611Liabilities 2018: $9,476Net Assets 2018: $168,1352018Assets 2019: $305,294Liabilities 2019: $20,600Net Assets 2019: $284,6942019Assets 2020: $296,088Liabilities 2020: $135,493Net Assets 2020: $160,5952020Assets 2021: $539,681Liabilities 2021: $118,440Net Assets 2021: $421,2412021Assets 2022: $347,600Liabilities 2022: $110,780Net Assets 2022: $236,8202022Assets 2023: $3,525,857Liabilities 2023: $3,158,977Net Assets 2023: $366,8802023Assets 2024: $3,400,401Liabilities 2024: $3,133,718Net Assets 2024: $266,6832024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2021

Assets$539,681
Liabilities$118,440
Net Assets$421,241

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $611,777Expenses 2017: $521,069Net Income 2017: $90,7082017Revenue 2018: $540,655Expenses 2018: $577,661Net Income 2018: -$37,0062018Revenue 2019: $818,554Expenses 2019: $592,182Net Income 2019: $226,3722019Revenue 2020: $292,118Expenses 2020: $419,838Net Income 2020: -$127,7202020Revenue 2021: $710,456Expenses 2021: $449,810Net Income 2021: $260,6462021Revenue 2022: $450,271Expenses 2022: $634,692Net Income 2022: -$184,4212022Revenue 2023: $815,338Expenses 2023: $687,046Net Income 2023: $128,2922023Revenue 2024: $579,708Expenses 2024: $691,341Net Income 2024: -$111,6332024Revenue 2025: $3,134,330Expenses 2025: $3,401,012Net Income 2025: -$266,6822025

Highlighted filing

2021

Revenue$710,456
Expenses$449,810
Net Income$260,646
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 15, 2022
Return Version
2021v4.0
Gross Receipts
$716,057
Mission and Program Overview

Mission

HUGE Improv Theater is an artist-led non-profit dedicated to supporting the Twin Cities improv community through performance and education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$258,434$450,089▲ $191,655
Pledges and Grants Receivable$16,973$62,548▲ $45,575
Prepaid Expenses and Deferred Charges$1,421$8,296▲ $6,875
Land, Buildings, and Equipment, Net$890$7,065▲ $6,175
Accounts Receivable$9,172$2,485▼ $6,687
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$296,088$539,681▲ $243,593
Other Assets Total$9,198$9,198→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$82,600$82,600→ $0
Unsecured Notes Loans Payable$45,900$0▼ $45,900
Deferred Revenue$0$18,925▲ $18,925
Other Liabilities$5,086$12,601▲ $7,515
Accounts Payable and Accrued Expenses$1,907$4,314▲ $2,407
Grants Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$135,493$118,440▼ $17,053
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$160,595$383,612▲ $223,017
Net Assets With Donor Restrictions$0$37,629▲ $37,629
Total Net Assets Fund Balance$160,595$421,241▲ $260,646
Total Liabilities and Net Assets / Fund Balance$296,088$539,681▲ $243,593

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,065$14,621$21,686
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Butch RoyExecutive Director/Board SecretaryFT$28,973$28,973
Jill BernardEducation Director/Board MemberFT$25,373$25,373

Board Members and Trustees

NameTitle
Amy DerwinskiBoard President
Adia Morris SwangerBoard Member
Nels LennesBoard Member
Robin GilletteBoard Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$591,051
Program Service Revenue
$97,547
Investment Income
$0
Other Revenue
$21,858
All Other Contributions
$199,616
Change in Net Assets
$260,646
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$298,267
Salaries, Compensation, and Employee Benefits$151,543
Total Fundraising Expense$45,790
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$100,357$50,179$16,726$167,262
Other Salaries and Wages$52,481$26,240$8,746$87,467
Information Technology$37,311$18,656$6,219$62,186
Current Officers, Directors, Trustees, and Key Employees$32,607$16,304$5,435$54,346
Fees for Services Other$33,961$1,613$538$36,112
Payroll Taxes$5,420$2,710$903$9,033
Fees for Services Accounting$4,499$2,249$750$7,498
Insurance$3,279$1,640$547$5,466
Office Expenses$1,880$940$313$3,133
All Other Expenses$460$230$327$1,017
Depreciation Depletion$500$250$83$833
Other Expenses$807$0$0$807
Other Employee Benefits$418$209$70$697
Advertising$567--$567
Total Functional Expenses$281,334$122,686$45,790$449,810
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

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Salaries$7,242
Funds Held on Behalf of Others$245
State Unemployment Payable$157
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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

The 990 form is emailed to all members of the board for review, and approval of signature.

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

The board reviews and signs annual conflict of interest disclosure agreements.

Form 990, Part VI, Section B, Line 15

The board uses the Minnesota Council of Nonprofits Salary & Benefits Survey to determine comparable data and set goals.

Form 990, Part VI, Section C, Line 19

Financial documents and governing policies are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Huge Improv Theater
EIN
26-3326882
Phone
6124124843
Address
3037 Lyndale Avenue South, Minneapolis, MN 55408

Signing Officer

Name
Butch Roy
Title
Executive Director
Phone
6124124843
Signed
2022-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Butch Roy
Formed
2008
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
4
Employees
27
Volunteers
30

Preparer

Firm
Clarity Bookkeeping LLC
Address
428 Minnesota St Ste 500, Saint Paul, MN 55101
Preparer
Gillian Martin
Phone
6512102436
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Teacher Stipends, $21,253; Artist Stipends, $9481; Social Media Manager, $2400; Janitorial Services, $1228; Contractor Services, $925; Graffiti Removal, $500; Event Management, $250; Graphic Design, $75.

Form 990, Part XI, Line 9

Rounding, $1

Raw XML AppendixShowing 400 of 605 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/Desc0PERFORMANCE: We produced or presented 140 performances at HUGE in 2021, providing 62 artists and directors with paid opportunities to present their work. By keeping our ticket prices accessible ($8-12 per show) and presenting original, new works of a high artistic standard, we successfully attracted approximately 4735 audience members of diverse ages, backgrounds and levels of income. Through our weekly show, Improv A Go Go, we encouraged experimentation and provided valuable stage time to 24 groups who might not have had access otherwise. In addition, our Director of Diversity and Inclusion oversaw new and continued programming, including monthly performance "jams" for BIPOC, women-trans-nonbinary performers, and performers over 40. Improv is an essential part of the arts ecosystem in Minnesota, and we are proud to have hosted the 2021 Black & Funny Improv Festival and Queer & Funny Improv Festival.
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IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0160595
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0383612
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt016726
IRS990/OccupancyGrp/ManagementAndGeneralAmt050179
IRS990/OccupancyGrp/ProgramServicesAmt0100357
IRS990/OccupancyGrp/TotalAmt0167262
IRS990/OfficeExpensesGrp/FundraisingAmt0313
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0940
IRS990/OfficeExpensesGrp/ProgramServicesAmt01880
IRS990/OfficeExpensesGrp/TotalAmt03133
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09198
IRS990/OtherAssetsTotalGrp/EOYAmt09198
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt070
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0209
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0418
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0697
IRS990/OtherExpensesGrp/Desc0Business, Bank & Processing Fees
IRS990/OtherExpensesGrp/Desc1Program Supplies/Materials
IRS990/OtherExpensesGrp/Desc2Fundraising Expenses
IRS990/OtherExpensesGrp/Desc3Tech Equipment
IRS990/OtherExpensesGrp/FundraisingAmt0489
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt24644
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01466
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt02932
IRS990/OtherExpensesGrp/ProgramServicesAmt13855
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt3807
IRS990/OtherExpensesGrp/TotalAmt04887
IRS990/OtherExpensesGrp/TotalAmt13855
IRS990/OtherExpensesGrp/TotalAmt24644
IRS990/OtherExpensesGrp/TotalAmt3807
IRS990/OtherLiabilitiesGrp/BOYAmt05086
IRS990/OtherLiabilitiesGrp/EOYAmt012601
IRS990/OtherRevenueMiscGrp/BusinessCd0711110
IRS990/OtherRevenueMiscGrp/BusinessCd1711110
IRS990/OtherRevenueMiscGrp/Desc0Employee Retention Credit
IRS990/OtherRevenueMiscGrp/Desc1Gift certificate
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt015448
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt135
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt015448
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt135
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueTotalAmt015483
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt08746
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt026240
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt052481
IRS990/OtherSalariesAndWagesGrp/TotalAmt087467
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0903
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02710
IRS990/PayrollTaxesGrp/ProgramServicesAmt05420
IRS990/PayrollTaxesGrp/TotalAmt09033
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt016973
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt062548
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01421
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08296
IRS990/PrincipalOfficerNm0Butch Roy
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711110
IRS990/ProgramServiceRevenueGrp/BusinessCd1711110
IRS990/ProgramServiceRevenueGrp/BusinessCd2711110
IRS990/ProgramServiceRevenueGrp/BusinessCd3711110
IRS990/ProgramServiceRevenueGrp/BusinessCd4711110
IRS990/ProgramServiceRevenueGrp/Desc0Ticket Sales
IRS990/ProgramServiceRevenueGrp/Desc1Education Services
IRS990/ProgramServiceRevenueGrp/Desc2Corporate Services
IRS990/ProgramServiceRevenueGrp/Desc3Rehearsal Space/Theater Rental
IRS990/ProgramServiceRevenueGrp/Desc4Festival Income
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt048062
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt134234
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23800
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32676
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt48775
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt048062
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt134234
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32676
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt48775
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt40
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION: We had 218 student enrollments in our core curriculum in 2021, 12% of whom applied for and received scholarships. HUGE's core curriculum of four 8-week classes is designed for students working to become artists/performers. We also held several master classes to teach advanced, specialized skills. And we held a monthly One Hour class that attracted 120 admissions by students wholly new to improv.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0131581
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt038034
IRS990/ProgSrvcAccomActy3Grp/Desc0TWIN CITIES IMPROV FESTIVAL (TCIF): HUGE presented the fifteenth annual TCIF in June. The festival line-up included nationally renowned visiting groups paired with exceptional local groups. TCIF also included two days of workshops from the same nationally-renowned artists who performed at the festival.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt016797
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt08775
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0190690
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0284706
IRS990/PYOtherRevenueAmt011930
IRS990/PYProgramServiceRevenueAmt089498
IRS990/PYRevenuesLessExpensesAmt0-127720
IRS990/PYSalariesCompEmpBnftPaidAmt0135132
IRS990/PYTotalExpensesAmt0419838
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0292118
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0260646
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00

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