Civic Intelligence

The Outer Loop Theater Experience Inc

990EZ • Fiscal year 2021 • EIN 27-2151031

Jan 01, 2021 to Dec 31, 2021 • Filed on May 19, 2022

611 Hammocks DriveFairport, NY 14450

(585) 732-4709

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • NTEE A65 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

41st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • NTEE A65 • <$500k nonprofits • Source year 2021

Net Margin

81st percentile

38%

Higher net margin than 81% of similar nonprofits.

2021 filings • NTEE A65 • <$500k nonprofits • Source year 2021

Top Officer Pay

73rd percentile

$10,000

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 10.3% of source-year revenue.

2021 filings • NTEE A65 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

$64,647

No earlier filing loaded for comparison.

Net Assets

$64,647

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$96,805

No earlier filing loaded for comparison.

Expenses

$59,958

No earlier filing loaded for comparison.

Net Income

$36,847

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2021: $64,647Liabilities 2021: $0Net Assets 2021: $64,6472021Assets 2022: $85,844Liabilities 2022: $0Net Assets 2022: $85,8442022Assets 2023: $120,217Liabilities 2023: $0Net Assets 2023: $120,2172023Assets 2024: $163,807Liabilities 2024: $0Net Assets 2024: $163,8072024

Highlighted filing

2021

Assets$64,647
Liabilities$0
Net Assets$64,647

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2021: $96,805Expenses 2021: $59,958Net Income 2021: $36,8472021Revenue 2022: $148,782Expenses 2022: $127,585Net Income 2022: $21,1972022Revenue 2023: $193,432Expenses 2023: $159,059Net Income 2023: $34,3732023Revenue 2024: $313,709Expenses 2024: $270,135Net Income 2024: $43,5742024

Highlighted filing

2021

Revenue$96,805
Expenses$59,958
Net Income$36,847
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 19, 2022
Return Version
2021v4.2
Gross Receipts
$96,805
Mission and Program Overview

Mission

REFER TO SCH 0

REFERTO SCH 0

Program Services

DescriptionGrantsExpenses
REFER TO SCH O-$59,958
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL HERMANPresidentFT$10,000-$10,000
RACHAEL YODERVice President-$0--
BRIAN ZORNSecretary-$0--
KAREN HERMANTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
The Outer Loop Theater Experience Inc
EIN
27-2151031
Address
611 HAMMOCKS DRIVE, FAIRPORT, NY 14450

Signing Officer

Name
Michael Herman
Title
President
Phone
5857324709
Signed
2022-05-19
Discuss with paid preparer
Yes

Preparer

Firm
Bryan M Gray CPA Pc
Address
160 LINDEN OAKS, Rochester, NY 14625
Preparer
Karen Herman
Phone
5852500288
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description amountfees 225meetings 1,061project expenses 38,517supplies 3,095travel 3,805website/marketing 1,080

Part III response or note to any other line in Part III

What is the organizations primary exempt purpose-part iii to encourage literary and performance-based excellence by promoting the development and production of the work of playwrights and other artists and to discover stories that resonate with authors, playwrights, musicians and theater audiences, and to look for unique and engaging ways in which to present such stories. Part iii line 28the outer loop produces staged readings, workshops and full productions, we work primarily with students from schools, colleges and universities, to give them professional opportunities before they graduate while allowing them to hone their craft, we understand the value of experience, combined with education in developing ones skills in the theater and seek to provide this for young and emerging artists. Class sizes range from individual to small groups (1-30).

Raw XML Appendix168 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTFEES 225MEETINGS 1,061PROJECT EXPENSES 38,517SUPPLIES 3,095TRAVEL 3,805WEBSITE/MARKETING 1,080
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WHAT IS THE ORGANIZATIONS PRIMARY EXEMPT PURPOSE-PART III TO ENCOURAGE LITERARY AND PERFORMANCE-BASED EXCELLENCE BY PROMOTING THE DEVELOPMENT AND PRODUCTION OF THE WORK OF PLAYWRIGHTS AND OTHER ARTISTS AND TO DISCOVER STORIES THAT RESONATE WITH AUTHORS, PLAYWRIGHTS, MUSICIANS AND THEATER AUDIENCES, AND TO LOOK FOR UNIQUE AND ENGAGING WAYS IN WHICH TO PRESENT SUCH STORIES. PART III LINE 28THE OUTER LOOP PRODUCES STAGED READINGS, WORKSHOPS AND FULL PRODUCTIONS, WE WORK PRIMARILY WITH STUDENTS FROM SCHOOLS, COLLEGES AND UNIVERSITIES, TO GIVE THEM PROFESSIONAL OPPORTUNITIES BEFORE THEY GRADUATE WHILE ALLOWING THEM TO HONE THEIR CRAFT, WE UNDERSTAND THE VALUE OF EXPERIENCE, COMBINED WITH EDUCATION IN DEVELOPING ONES SKILLS IN THE THEATER AND SEEK TO PROVIDE THIS FOR YOUNG AND EMERGING ARTISTS. CLASS SIZES RANGE FROM INDIVIDUAL TO SMALL GROUPS (1-30).
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part III response or note to any other line in Part III
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Filings