Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
990 • Fiscal year 2017 • EIN 26-3881551
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
Liabilities / Revenue
94th percentile
Higher debt load relative to revenue than 94% of similar nonprofits.
Net Margin
17th percentile
Higher net margin than 17% of similar nonprofits.
Top Officer Pay
69th percentile
Higher top officer pay than 69% of similar nonprofits.
Top officer pay equals 3.2% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
$2,492
No earlier filing loaded for comparison.
Net Assets
-$23,552
No earlier filing loaded for comparison.
Liabilities
$26,044
No earlier filing loaded for comparison.
Revenue
$52,200
No earlier filing loaded for comparison.
Expenses
$59,383
No earlier filing loaded for comparison.
Net Income
-$7,183
No earlier filing loaded for comparison.
See Schedule O for Part III Line 1
Project Y produces new and innovative theatre by diverse playwrights with a focus on unheard voices and artists See SchO Part III Line 1
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Loans From Officers Directors | $11,746 | $14,876 | ▲ $3,130 |
| Cash and Non-Interest-Bearing Accounts | $1,405 | $2,392 | ▲ $987 |
| Savings and Temporary Cash Investments | $100 | $100 | → $0 |
| Rtn Earn Endowment Incm Other Fnds | $-15,370 | $-23,552 | ▼ $8,182 |
| Total Assets | $1,505 | $2,492 | ▲ $987 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $5,129 | $11,168 | ▲ $6,039 |
| Total Liabilities | $16,875 | $26,044 | ▲ $9,169 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $-15,370 | $-23,552 | ▼ $8,182 |
| Total Liabilities and Net Assets / Fund Balance | $1,505 | $2,492 | ▲ $987 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Michole Biancosino | Secretary | PT | $1,675 | $1,675 |
| Name | Title |
|---|---|
| Tony Biancosino | Board President |
| Alex Cranmer | Director |
| Deepa Gupta | Director |
| Louisa Ives | Director |
| Andrew Smith | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $59,383 |
| Total Fundraising Expense | $1,209 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $28,900 | - | - | $28,900 |
| Occupancy | $13,560 | - | - | $13,560 |
| Advertising | $3,463 | - | - | $3,463 |
| Royalties | $2,425 | - | - | $2,425 |
| All Other Expenses | $407 | $251 | $645 | $1,303 |
| Office Expenses | - | $618 | $564 | $1,182 |
| Interest | - | $1,095 | - | $1,095 |
| Other Expenses | $969 | - | - | $969 |
| Insurance | $212 | $350 | - | $562 |
| Fees for Services Accounting | - | $350 | - | $350 |
| Information Technology | - | $330 | - | $330 |
| Travel | $196 | - | - | $196 |
| Total Functional Expenses | $55,180 | $2,994 | $1,209 | $59,383 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $11,746 | $14,876 | ▲ $3,130 |
“Michole Biancosino, Secretary, is the sister of Tony Biancosino, Board Pr.”
“Louisa Ives is the sister of Andrew Smith III, Treasurer.”
“The form was reviewed by the Treasurer before this Form 990 was filed.”
“During 2017 Project Y Theatre Inc made its governing documents, conflict of”
“interest policy, and financial stmts available to the public Upon Request.”
“Production Professionals Total expenses - $5950.00 Program service expenses - $5950.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00”
“Actors Total expenses - $14495.00 Program service expenses - $14495.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00”
“Stage Managers Total expenses - $2967.00 Program service expenses - $2967.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00”
“Directors Total expenses - $3674.00 Program service expenses - $3674.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00”
“Acting Teacher Total expenses - $1814.00 Program service expenses - $1814.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00”
“Bank Fees Total expenses - $251.00 Program service expenses - $0.00 Mgmt and general expenses - $251.00 Fundraising expenses - $0.00”
“Concessions Total expenses - $173.00 Program service expenses - $0.00 Mgmt and general expenses - $0.00 Fundraising expenses - $173.00”
“Food for Performances Total expenses - $154.00 Program service expenses - $154.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00”
“Production Build Load In Total expenses - $168.00 Program service expenses - $168.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00”
“Opening/Closing Events Total expenses - $472.00 Program service expenses - $0.00 Mgmt and general expenses - $0.00 Fundraising expenses - $472.00”
“Stage & Lighting Design Total expenses - $85.00 Program service expenses - $85.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00”
“Expenses: $2777.00 including grants of: $0.00 Revenue: $1278.00”
“Landmarks and TRANSformations, a collage production.”
“Expenses: $2731.00 including grants of: $0.00 Revenue: $2700.00”
“A professional workshop to teach teachers how to teach acting.”
“Expenses: $1574.00 including grants of: $0.00 Revenue: $0.00”
“Space rental for Project Y Writers Group.”
“Expenses: $1200.00 including grants of: $0.00 Revenue: $634.00”
“LIFE, a world premiere by Charles Mee at HERE Arts Center.”
“Project Y produces new and innovative theatre by diverse playwrights, with”
“a focus on unheard voices and artists. We support new plays and playwrights”
“that appeal to an audience interested in such themes as race, feminism,”
“technology, and community. We use video, film, and the Internet as a means”
“of not only staying connected to our audience, but as a new frontier for”
“bringing theatre into people's homes, computers, and smart phones.”
“Continued from Form 990 Page 2.”
“These two one act plays were combined into one evening,titled GREAT AGAIN,”
“and were commissioned and written in response to the 2016 Presidential”
“election. Another highlight was The Hrosthvitha Project, which featured two”
“nights of staged readings of new commissioned short plays. These”
“adaptations will reclaim a piece of women's theatre history by highlighting”
“the first female and first German language playwright, Hrostvitha of”
“Gandersham, while also making her work relevant and resonant to a modern”
“audience through fresh adaptations by playwrights Caridad Svich,Pia Wilson,”
“Julienne Hairston, Michole Biancosino, Lia Romeo, Stacie Lents, and”
“Erin Mallon. The Festival ran from June 1-24 at The Gural Theatre at”
“ART/NY Theatres.”
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/Desc | 0 | The Women in Theatre Festival 2017 was a curated four week festival of new plays and innovative performances by diverse women artists. The WIT Festival seeks to broaden the opportunities for women in the entertainment industry by producing new work by women with more than 50% female representation of all artists involved. Our lineup included two fully produced world premieres, innovative theatre work, solo shows, online content, and readings. Specific projects included two commissioned new works by playwrights Chiori Miyagawa, who wrote IN THE LINE and Crystal Skillman, who wrote THE TEST. Continued on Schedule O for Part III Line 4a. |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Trump Lear: In this play, actor and impersonator Carl David is being held without bail for performing his Trump-inspired version of Shakespeare's King Lear. Carl David is forced to perform his King Lear to an unseen audience of one, as the President restlessly watches remotely from a live and public feed. The stakes are high: if Trump likes Carl and his show, Carl lives; if not, Carl dies. But how can Carl get through a show where he has created a Lear based on Trump himself without offending the audience? This show was performed throughout the year, on a bi-monthly average at Under St Marks, a performance venue. |
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| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | David Carl's Celebrity Hamlet: In this absurdist romp through Shakespeare, pop culture, and life in the theater, celebrity icon Gary Busey (played by comedian David Carl) performs all the parts in "Hamlet" using homemade puppets, videos, live music, and poetry. This show performed around New York and also traveled to the Edinburgh Fringe Festival in August 2017. |
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| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 2 | Space rental for Project Y Writers Group. |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 3 | LIFE, a world premiere by Charles Mee at HERE Arts Center. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Michole Biancosino, Secretary, is the sister of Tony Biancosino, Board Pr. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Louisa Ives is the sister of Andrew Smith III, Treasurer. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | The form was reviewed by the Treasurer before this Form 990 was filed. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | During 2017 Project Y Theatre Inc made its governing documents, conflict of |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | interest policy, and financial stmts available to the public Upon Request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Production Professionals Total expenses - $5950.00 Program service expenses - $5950.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Actors Total expenses - $14495.00 Program service expenses - $14495.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Stage Managers Total expenses - $2967.00 Program service expenses - $2967.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Directors Total expenses - $3674.00 Program service expenses - $3674.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Acting Teacher Total expenses - $1814.00 Program service expenses - $1814.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Bank Fees Total expenses - $251.00 Program service expenses - $0.00 Mgmt and general expenses - $251.00 Fundraising expenses - $0.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Concessions Total expenses - $173.00 Program service expenses - $0.00 Mgmt and general expenses - $0.00 Fundraising expenses - $173.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Food for Performances Total expenses - $154.00 Program service expenses - $154.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Production Build Load In Total expenses - $168.00 Program service expenses - $168.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | Opening/Closing Events Total expenses - $472.00 Program service expenses - $0.00 Mgmt and general expenses - $0.00 Fundraising expenses - $472.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | Stage & Lighting Design Total expenses - $85.00 Program service expenses - $85.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 16 | Expenses: $2777.00 including grants of: $0.00 Revenue: $1278.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 17 | Landmarks and TRANSformations, a collage production. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 18 | Expenses: $2731.00 including grants of: $0.00 Revenue: $2700.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 19 | A professional workshop to teach teachers how to teach acting. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 20 | Expenses: $1574.00 including grants of: $0.00 Revenue: $0.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 21 | Space rental for Project Y Writers Group. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 22 | Expenses: $1200.00 including grants of: $0.00 Revenue: $634.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 23 | LIFE, a world premiere by Charles Mee at HERE Arts Center. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 24 | Project Y produces new and innovative theatre by diverse playwrights, with |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 25 | a focus on unheard voices and artists. We support new plays and playwrights |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 26 | that appeal to an audience interested in such themes as race, feminism, |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 27 | technology, and community. We use video, film, and the Internet as a means |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 28 | of not only staying connected to our audience, but as a new frontier for |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 29 | bringing theatre into people's homes, computers, and smart phones. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 30 | Continued from Form 990 Page 2. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 31 | These two one act plays were combined into one evening,titled GREAT AGAIN, |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 32 | and were commissioned and written in response to the 2016 Presidential |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 33 | election. Another highlight was The Hrosthvitha Project, which featured two |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 34 | nights of staged readings of new commissioned short plays. These |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 35 | adaptations will reclaim a piece of women's theatre history by highlighting |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 36 | the first female and first German language playwright, Hrostvitha of |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 37 | Gandersham, while also making her work relevant and resonant to a modern |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 38 | audience through fresh adaptations by playwrights Caridad Svich,Pia Wilson, |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 39 | Julienne Hairston, Michole Biancosino, Lia Romeo, Stacie Lents, and |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 40 | Erin Mallon. The Festival ran from June 1-24 at The Gural Theatre at |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 41 | ART/NY Theatres. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part VI Line 2 |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Part VI Line 19 |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Part IX Line 11g |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Part IX Line 11g |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Part IX Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Part IX Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Part IX Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Part IX Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Part IX Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 16 | Part III Line 4d |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 17 | Part III Line 4d |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 18 | Part III Line 4d |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 19 | Part III Line 4d |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 20 | Part III Line 4d |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 21 | Part III Line 4d |
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Displayed year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.