Civic Intelligence

Huge Improv Theater

990 • Fiscal year 2023 • EIN 26-3326882

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

2728 Lyndale Ave SMinneapolis, MN 55408-1301

(612) 412-4843

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.90x

Higher debt load relative to assets than 92% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

96th percentile

3.87x

Higher debt load relative to revenue than 96% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

70th percentile

16%

Higher net margin than 70% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

46th percentile

$44,896

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

99th percentile

914%

Faster asset growth than 99% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

89th percentile

81%

Faster revenue growth than 89% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$3,525,857

Up $3,178,257 (+914%) from 2022

Net Assets

Up

$366,880

Up $130,060 (+55%) from 2022

Liabilities

Up

$3,158,977

Up $3,048,197 (+2752%) from 2022

Revenue

Up

$815,338

Up $365,067 (+81%) from 2022

Expenses

Up

$687,046

Up $52,354 (+8.2%) from 2022

Net Income

Up

$128,292

Up $312,713 (+170%) from 2022

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

2023

Assets$3,525,857
Liabilities$3,158,977
Net Assets$366,880

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

2023

Revenue$815,338
Expenses$687,046
Net Income$128,292
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.0
Gross Receipts
$828,306
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
Land, Buildings, and Equipment, Net$7,541$3,335,492▲ $3,327,951
Pledges and Grants Receivable$28,140$90,504▲ $62,364
Cash and Non-Interest-Bearing Accounts$272,897$74,420▼ $198,477
Prepaid Expenses and Deferred Charges$10,697$8,670▼ $2,027
Accounts Receivable$5,239$7,572▲ $2,333
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities-$0-
Investments Program Related-$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$347,600$3,525,857▲ $3,178,257
Other Assets Total$23,086$9,199▼ $13,887
Liabilities
Mortgage Notes Payable Secured by Investment Property$80,892$3,131,600▲ $3,050,708
Deferred Revenue$19,386$15,495▼ $3,891
Accounts Payable and Accrued Expenses$10,289$11,882▲ $1,593
Other Liabilities$213$0▼ $213
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$110,780$3,158,977▲ $3,048,197
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$236,820$366,880▲ $130,060
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$236,820$366,880▲ $130,060
Total Liabilities and Net Assets / Fund Balance$347,600$3,525,857▲ $3,178,257

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,889,882$6,086$1,895,968
Leasehold Improvements$826,610$2,662$829,272
Land$619,000-$619,000
Equipment$0$22,277$22,277
Other Land Buildings$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Butch RoyExecutive Director/Board SecretaryFT$44,896$44,896
Jill BernardEducation Director/Board MemberFT$33,400$33,400

Board Members and Trustees

NameTitle
Amy DerwinskiBoard President
Adia Morris SwangerBoard Member
Mars EaglestoneBoard Member
Megan Boldt MurphyBoard Member
Nels LennesBoard Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$486,665
Program Service Revenue
$297,866
Investment Income
$0
Other Revenue
$30,807
All Other Contributions
$393,668
Change in Net Assets
$128,292
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$445,937
Salaries, Compensation, and Employee Benefits$241,109
Total Fundraising Expense$58,592
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$85,379$42,690$14,230$142,299
Occupancy$76,473$38,236$12,745$127,454
Fees for Services Other$107,986$1,900$633$110,519
Current Officers, Directors, Trustees, and Key Employees$45,868$22,934$7,644$76,446
Interest$33,372$16,686$5,562$55,620
Insurance$11,365$5,682$1,894$18,941
Payroll Taxes$10,297$5,149$1,716$17,162
Depreciation Depletion$9,773$4,887$1,629$16,289
Fees for Services Accounting-$10,711-$10,711
Information Technology$6,017$3,008$1,003$10,028
Other Employee Benefits$3,121$1,561$520$5,202
Travel$4,350--$4,350
Office Expenses$2,397$1,198$399$3,994
Other Expenses$0$0$2,032$2,032
Advertising$821$411$137$1,369
All Other Expenses$429$214$71$714
Conferences and Meetings-$151-$151
Total Functional Expenses$447,907$180,547$58,592$687,046
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$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
2728 Lyndale Ave S, Minneapolis, MN 55408-1301

Signing Officer

Name
Sean Dillon
Title
Managing Director
Phone
6124124843
Signed
2024-11-15

Organization Details

Principal Officer
Butch Roy
Formed
2008
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
5
Employees
24
Volunteers
30
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Artist Stipends, $56,538; Teacher Stipends, $47,647; Janitorial Services, $3071; Social Media Manager, $3000; Other, $263.

Raw XML AppendixShowing 400 of 579 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 356 performances at HUGE in 2023, providing 175 artists and directors with paid opportunities to present their work. By keeping our ticket prices accessible ($12-16 per show) and presenting original, new works of a high artistic standard, we successfully attracted approximately 11,500 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 154 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, performers with disabilities, and performers over 40. Improv is an essential part of the arts ecosystem in Minnesota, and we are proud to have hosted the 2023 Black & Funny Improv Festival and Queer & Funny Improv Festival.
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IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0236820
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0366880
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt012745
IRS990/OccupancyGrp/ManagementAndGeneralAmt038236
IRS990/OccupancyGrp/ProgramServicesAmt076473
IRS990/OccupancyGrp/TotalAmt0127454
IRS990/OfficeExpensesGrp/FundraisingAmt0399
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01198
IRS990/OfficeExpensesGrp/ProgramServicesAmt02397
IRS990/OfficeExpensesGrp/TotalAmt03994
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt023086
IRS990/OtherAssetsTotalGrp/EOYAmt09199
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0520
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01561
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03121
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05202
IRS990/OtherExpensesGrp/Desc0Closing Costs
IRS990/OtherExpensesGrp/Desc1Business, Bank & Processing Fees
IRS990/OtherExpensesGrp/Desc2Program Supplies/Materials/Equipment
IRS990/OtherExpensesGrp/Desc3Fundraising Expenses
IRS990/OtherExpensesGrp/FundraisingAmt04550
IRS990/OtherExpensesGrp/FundraisingAmt12428
IRS990/OtherExpensesGrp/FundraisingAmt21399
IRS990/OtherExpensesGrp/FundraisingAmt32032
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt013650
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17284
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24195
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt027300
IRS990/OtherExpensesGrp/ProgramServicesAmt114568
IRS990/OtherExpensesGrp/ProgramServicesAmt28391
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt045500
IRS990/OtherExpensesGrp/TotalAmt124280
IRS990/OtherExpensesGrp/TotalAmt213985
IRS990/OtherExpensesGrp/TotalAmt32032
IRS990/OtherLiabilitiesGrp/BOYAmt0213
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0711110
IRS990/OtherRevenueMiscGrp/BusinessCd1711110
IRS990/OtherRevenueMiscGrp/Desc0Insurance Claim
IRS990/OtherRevenueMiscGrp/Desc1Vendor reimbursments
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01076
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1380
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01076
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1380
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueTotalAmt01456
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt014230
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt042690
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt085379
IRS990/OtherSalariesAndWagesGrp/TotalAmt0142299
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01716
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05149
IRS990/PayrollTaxesGrp/ProgramServicesAmt010297
IRS990/PayrollTaxesGrp/TotalAmt017162
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt028140
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt090504
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010697
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08670
IRS990/PrincipalOfficerNm0Butch Roy
IRS990/PriorPeriodAdjustmentsAmt01768
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/Desc3Festival Income
IRS990/ProgramServiceRevenueGrp/Desc4Rehersal Space/Theater Rental
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0128965
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1124979
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt227733
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt314109
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt42080
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0128965
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1124979
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt227733
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt314109
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt42080
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt40
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION: We had 590 student enrollments in our core curriculum in 2023, 18% 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 154 admissions by students wholly new to improv.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0210517
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0124979
IRS990/ProgSrvcAccomActy3Grp/Desc0TWIN CITIES IMPROV FESTIVAL (TCIF): HUGE presented the 17th 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/ExpenseAmt026873
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt014109
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0242145
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0392829
IRS990/PYOtherRevenueAmt013409
IRS990/PYProgramServiceRevenueAmt0194717
IRS990/PYRevenuesLessExpensesAmt0-184421
IRS990/PYSalariesCompEmpBnftPaidAmt0241863
IRS990/PYTotalExpensesAmt0634692
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0450271
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0128292
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt016000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0156698

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