Civic Intelligence

Mare Nostrum Elements Inc.

990EZ • Fiscal year 2023 • EIN 26-4095519

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 14, 2023

39-48 64th Street STE 2FWoodside, NY 11377

(646) 528-4797

Siviq Scores

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

Liabilities / Assets

88th percentile

0.98x

Higher debt load relative to assets than 88% of similar nonprofits.

2023 filings • NTEE A65 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

76th percentile

0.09x

Higher debt load relative to revenue than 76% of similar nonprofits.

2023 filings • NTEE A65 • <$500k nonprofits • Source year 2023

Net Margin

61st percentile

5.4%

Higher net margin than 61% of similar nonprofits.

2023 filings • NTEE A65 • <$500k nonprofits • Source year 2023

Top Officer Pay

64th percentile

$0

Higher top officer pay than 64% of similar nonprofits.

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

2023 filings • NTEE A65 • <$500k nonprofits • Source year 2023

Asset Growth

46th percentile

-5.3%

Faster asset growth than 46% of similar nonprofits.

2023 filings • NTEE A65 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

45th percentile

3.2%

Faster revenue growth than 45% of similar nonprofits.

2023 filings • NTEE A65 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$13,334

Down $750 (-5.3%) from 2022

Net Assets

Up

$251

Up $7,323 (+104%) from 2022

Liabilities

Down

$13,083

Down $8,073 (-38%) from 2022

Revenue

Up

$138,152

Up $4,299 (+3.2%) from 2022

Expenses

Down

$130,718

Down $16,121 (-11%) from 2022

Net Income

Up

$7,434

Up $20,420 (+157%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80K$60K$40K$20K$0-$20KAssets 2011: $35,812Liabilities 2011: $0Net Assets 2011: $35,8122011Assets 2012: $69,997Net Assets 2012: $69,9972012Assets 2013: $20,567Liabilities 2013: $42Net Assets 2013: $20,5252013Assets 2014: $18,116Liabilities 2014: $743Net Assets 2014: $17,3732014Assets 2015: $37,849Liabilities 2015: $0Net Assets 2015: $37,8492015Assets 2017: $38,973Liabilities 2017: $3,475Net Assets 2017: $35,4982017Assets 2018: $43,539Liabilities 2018: $9,317Net Assets 2018: $34,2222018Assets 2019: $57,898Liabilities 2019: $10,716Net Assets 2019: $47,1822019Assets 2020: $70,858Liabilities 2020: $10,716Net Assets 2020: $60,1422020Assets 2021: $37,777Liabilities 2021: $31,807Net Assets 2021: $5,9702021Assets 2022: $14,084Liabilities 2022: $21,156Net Assets 2022: -$7,0722022Assets 2023: $13,334Liabilities 2023: $13,083Net Assets 2023: $2512023Assets 2024: $18,167Liabilities 2024: $14,273Net Assets 2024: $3,8942024

Highlighted filing

2023

Assets$13,334
Liabilities$13,083
Net Assets$251

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2011: $17,7282011Revenue 2012: $99,293Expenses 2012: $65,108Net Income 2012: $34,1852012Revenue 2013: $16,075Expenses 2013: $65,547Net Income 2013: -$49,4722013Revenue 2014: $54,303Expenses 2014: $63,253Net Income 2014: -$8,9502014Revenue 2015: $76,121Expenses 2015: $64,187Net Income 2015: $11,9342015Revenue 2017: $63,932Expenses 2017: $62,828Net Income 2017: $1,1042017Revenue 2018: $112,344Expenses 2018: $113,620Net Income 2018: -$1,2762018Revenue 2019: $132,289Expenses 2019: $119,329Net Income 2019: $12,9602019Revenue 2020: $132,289Expenses 2020: $119,329Net Income 2020: $12,9602020Revenue 2021: $101,969Expenses 2021: $130,395Net Income 2021: -$28,4262021Revenue 2022: $133,853Expenses 2022: $146,839Net Income 2022: -$12,9862022Revenue 2023: $138,152Expenses 2023: $130,718Net Income 2023: $7,4342023Revenue 2024: $139,730Expenses 2024: $136,087Net Income 2024: $3,6432024

Highlighted filing

2023

Revenue$138,152
Expenses$130,718
Net Income$7,434
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$138,152
Mission and Program Overview

Mission

See Schedule O

Program Services

DescriptionGrantsExpenses
Creation and performance of original artistic stage works to benefit the general public in areas of culture and the dramatic arts.-$117,646
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin AlbertPresidentPT$0--
Brinton ParsonBoard Director-$0--
Christopher AnderssonBoard Director-$0--
Jules OchoaBoard Director-$0--
Kimberly HuieBoard Director-$0--
Bill HuttonBoard Director-$0--
Leslie BryantBoard Director-$0--
Jane JacobsBoard Director-$0--
Amy HarrisonBoard Director-$0--
Filing and Contact Details

Filer

Filer Name
Mare Nostrum Elements Inc
EIN
26-4095519
Address
39-48 64th Street STE 2F, Woodside, NY 11377

Signing Officer

Name
Kevin Albert
Title
President
Phone
7185456665
Signed
2023-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Ketcham & Associates LLC
Address
202 Mountain Avenue, Westfield, NJ 07090
Preparer
Steven Ketcham CPA
Phone
9082324618
Supplemental Narrative

Additional Explanations

General explanation attachment

(Form 990 Part III) Create emotionally-driven stage productions that explore and celebrate dance, theater and movement. In addition to creating original works they serve as a production company for artists whose vision fits the Organizatons mission, and a training outlet to strengthen the performing arts community.

Description of other expenses Part I line 16

Description AmountDues and fees 122Technology 2,290Bank services charges 2,853Production expenses 6,118Marketing 838Travel 4,029Meetings and hospitality 524Artistic fees 41,188Telephone and internet 1,899Insurance 2,704Payroll processing fees 666

Other changes in net assets or fund balances Part I line 20

Description AmountUnrealized gain (loss) on invest (111)

Description of other assets Part II line 24

Category Beginning of Year End of YearAccounts receivable 8,060 3,750

Description of total liabilities Part II line 26

Category Beginning of Year End of YearAccounts payable 21,156 13,083

Raw XML Appendix198 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/OfficerDirectorTrusteeEmplGrp/PersonNm0Kevin Albert
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Brinton Parson
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0(Form 990 Part III) Create emotionally-driven stage productions that explore and celebrate dance, theater and movement. In addition to creating original works they serve as a production company for artists whose vision fits the Organizatons mission, and a training outlet to strengthen the performing arts community.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountDues and fees 122Technology 2,290Bank services charges 2,853Production expenses 6,118Marketing 838Travel 4,029Meetings and hospitality 524Artistic fees 41,188Telephone and internet 1,899Insurance 2,704Payroll processing fees 666
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountUnrealized gain (loss) on invest (111)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearAccounts receivable 8,060 3,750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Category Beginning of Year End of YearAccounts payable 21,156 13,083
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Description of total liabilities Part II line 26
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Steven Ketcham CPA
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ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.14$0.04$1.40$1.36$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.13$0.13$0.00$1.38$1.31$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.21$0.07$1.34$1.47$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.32$0.06$1.02$1.30$0.28
2020Detailed filing. Detailed filing data is available for this year.$0.71$0.11$0.60$1.32$1.19$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.11$0.47$1.32$1.19$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.09$0.34$1.12$1.14$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.03$0.35$0.64$0.63$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.76$0.64$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.18$0.01$0.17$0.54$0.63$0.09
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.00$0.21$0.16$0.66$0.49
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.70$0.99$0.65$0.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.00$0.36$0.18