Civic Intelligence

Variations Theatre Group Inc the Chain Theater

990EZ • Fiscal year 2014 • EIN 27-2241279

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 15, 2015

Organization ProfileN/A
21-28 45th RoadLong Island City, NY 11101

(646) 580-6003

Siviq Scores

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

Liabilities / Assets

93rd percentile

3.78x

Higher debt load relative to assets than 93% of similar nonprofits.

2014 filings • NTEE A65 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

85th percentile

0.22x

Higher debt load relative to revenue than 85% of similar nonprofits.

2014 filings • NTEE A65 • <$500k nonprofits • Source year 2014

Net Margin

21st percentile

-9.8%

Higher net margin than 21% of similar nonprofits.

2014 filings • NTEE A65 • <$500k nonprofits • Source year 2014

Top Officer Pay

60th percentile

$0

Higher top officer pay than 60% of similar nonprofits.

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

2014 filings • NTEE A65 • <$500k nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

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

Source year 2014

Revenue Growth

Score unavailable

No value available

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

Source year 2014

Balance Sheet
Liabilities / Assets93rd percentile

Assets

$5,642

No earlier filing loaded for comparison.

Net Assets

-$15,703

No earlier filing loaded for comparison.

Liabilities

$21,345

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin21st percentile

Revenue

$99,196

No earlier filing loaded for comparison.

Expenses

$108,888

No earlier filing loaded for comparison.

Net Income

-$9,692

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2014: $5,642Liabilities 2014: $21,345Net Assets 2014: -$15,7032014Assets 2015: $3,409Liabilities 2015: $24,000Net Assets 2015: -$20,5912015Assets 2016: $63,951Net Assets 2016: $63,9512016Assets 2017: $36,370Net Assets 2017: $36,3702017Assets 2018: $23,114Liabilities 2018: $1,000Net Assets 2018: $22,1142018Assets 2019: $16,244Liabilities 2019: $23,900Net Assets 2019: -$7,6562019Assets 2020: $176,671Liabilities 2020: $220,242Net Assets 2020: -$43,5712020Assets 2021: $263,276Liabilities 2021: $236,366Net Assets 2021: $26,9102021Assets 2022: $290,114Liabilities 2022: $280,449Net Assets 2022: $9,6652022Assets 2023: $2,505,412Liabilities 2023: $2,439,977Net Assets 2023: $65,4352023Assets 2024: $2,165,429Liabilities 2024: $2,101,821Net Assets 2024: $63,6082024

Highlighted filing

2014

Assets$5,642
Liabilities$21,345
Net Assets-$15,703
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$800K$600K$400K$200K$0-$200KRevenue 2014: $99,196Expenses 2014: $108,888Net Income 2014: -$9,6922014Revenue 2015: $92,334Expenses 2015: $97,222Net Income 2015: -$4,8882015Revenue 2016: $153,789Expenses 2016: $69,247Net Income 2016: $84,5422016Revenue 2017: $22,562Expenses 2017: $50,143Net Income 2017: -$27,5812017Revenue 2018: $78,350Expenses 2018: $92,606Net Income 2018: -$14,2562018Revenue 2019: $142,384Expenses 2019: $172,154Net Income 2019: -$29,7702019Revenue 2020: $129,941Expenses 2020: $165,856Net Income 2020: -$35,9152020Revenue 2021: $269,478Expenses 2021: $215,671Net Income 2021: $53,8072021Revenue 2022: $581,562Expenses 2022: $598,807Net Income 2022: -$17,2452022Revenue 2023: $741,582Expenses 2023: $685,812Net Income 2023: $55,7702023Revenue 2024: $724,886Expenses 2024: $726,712Net Income 2024: -$1,8262024

Highlighted filing

2014

Revenue$99,196
Expenses$108,888
Net Income-$9,692
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 15, 2015
Return Version
2014v5.0
Gross Receipts
$99,196
Mission and Program Overview

Mission

To provide a performing arts and film theater

Program Services

DescriptionGrantsExpenses
STAGE OWN PRODUCTIONS AT THE THEATER TO SHOWCASE LOCAL TALENT. THE THEATER IS OPEN TO THE PUBLIC AND PROVIDES MANY FREE PERFORMANCES OR HEAVILY DISCOUNTED ENTRANCE FEES. THE ORGANIZATION HOLDS MULTI-MEDIA FESTIVALS, CO-PRODUCES ACTIVITIES, AND STAGES THIRD PARTY PRESENTATIONS.-$105,090
Compensation and Service Providers
Top Officer Pay60th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KIRK GOSTKOWSKIPresidentPT$0--
ROYSTON COPPENGERMember At LaPT$0--
JOHN LONGMember At LaPT$0--
Filing and Contact Details

Filer

Filer Name
Variations Theatre Group Inc
EIN
27-2241279
Phone
6465806003
Address
21-28 45TH ROAD, LONG ISLAND CITY, NY 11101

Signing Officer

Name
Kirk Gostkowski
Title
President
Phone
6465806003
Signed
2015-07-15

Preparer

Firm
Ellen M Essman CPA & Associates LLC
Address
487 DANBURY RD FL 1, WILTON, CT 06897-2134
Preparer
Ellen M Essman
Phone
2035293661
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses travel 1,001 insurance 1,633 filing fees 10 sets 44 lighting 58 program:dracula 75 website 198 bank service charges 199 program:harvest festival 269 rehearsal space 347 office expenses 352 program:unchain festival 428 programs:12 days 568 dues 636 costumes and maintenance 906 program:film festival 1,010 props 1,456 program:hurlyburly 1,690 technician 1,905 royalties and rights 2,117 theater operations 3,208 hospitality 4,124 program:boogie stomp 4,707 publicity 4,863 stipends 11,542 total 43,346”

Form 990-ez, Part II, Line 26

“Unsecured notes and loans payable 22,000 20,000 security deposit 0 1,345”

Form 990-ez, Part III, Line 28

“Stage own productions at the theater to showcase local talent. The theater is open to the public and provides many free performances or heavily discounted entrance fees. The organization holds multi-media festivals, co-produces activities, and stages third party presentations.”

Raw XML Appendix143 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHAIN THEATRE
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt0CHAIN THEATRE
IRS990EZ/BooksInCareOfDetail/PhoneNum06465806003
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt021-28 45TH ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt021-28 45TH ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LONG ISLAND CITY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011101
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt015989
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05642
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt028212
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-9692
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt015989
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05642
IRS990EZ/GrossReceiptsAmt099196
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-6011
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-15703
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-6011
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-15703
IRS990EZ/OccupancyRentUtltsAndMaintAmt065542
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KIRK GOSTKOWSKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ROYSTON COPPENGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHN LONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1MEMBER AT LA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2MEMBER AT LA
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt043346
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE A PERFORMING ARTS AND FILM THEATER
IRS990EZ/ProgramServiceRevenueAmt070984
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0STAGE OWN PRODUCTIONS AT THE THEATER TO SHOWCASE LOCAL TALENT. THE THEATER IS OPEN TO THE PUBLIC AND PROVIDES MANY FREE PERFORMANCES OR HEAVILY DISCOUNTED ENTRANCE FEES. THE ORGANIZATION HOLDS MULTI-MEDIA FESTIVALS, CO-PRODUCES ACTIVITIES, AND STAGES THIRD PARTY PRESENTATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0105090
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt022000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt021345
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0108888
IRS990EZ/TotalProgramServiceExpensesAmt0105090
IRS990EZ/TotalRevenueAmt099196
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt028212
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt015289
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt010192
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt09200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt062893
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt070984
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt079131
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt033380
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt031567
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt020749
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0235811
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98860
IRS990ScheduleA/PublicSupportTotal509Amt0295304
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0400
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt03000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt03400
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0400
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt03000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt03400
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt099196
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt094420
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt043572
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt031567
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt029949
IRS990ScheduleA/Total509Grp/TotalAmt0298704
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt099196
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt094420
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt043572
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt031567
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt029949
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0298704
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES TRAVEL 1,001 INSURANCE 1,633 FILING FEES 10 SETS 44 LIGHTING 58 PROGRAM:DRACULA 75 WEBSITE 198 BANK SERVICE CHARGES 199 PROGRAM:HARVEST FESTIVAL 269 REHEARSAL SPACE 347 OFFICE EXPENSES 352 PROGRAM:UNCHAIN FESTIVAL 428 PROGRAMS:12 DAYS 568 DUES 636 COSTUMES AND MAINTENANCE 906 PROGRAM:FILM FESTIVAL 1,010 PROPS 1,456 PROGRAM:HURLYBURLY 1,690 TECHNICIAN 1,905 ROYALTIES AND RIGHTS 2,117 THEATER OPERATIONS 3,208 HOSPITALITY 4,124 PROGRAM:BOOGIE STOMP 4,707 PUBLICITY 4,863 STIPENDS 11,542 TOTAL 43,346
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UNSECURED NOTES AND LOANS PAYABLE 22,000 20,000 SECURITY DEPOSIT 0 1,345
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2STAGE OWN PRODUCTIONS AT THE THEATER TO SHOWCASE LOCAL TALENT. THE THEATER IS OPEN TO THE PUBLIC AND PROVIDES MANY FREE PERFORMANCES OR HEAVILY DISCOUNTED ENTRANCE FEES. THE ORGANIZATION HOLDS MULTI-MEDIA FESTIVALS, CO-PRODUCES ACTIVITIES, AND STAGES THIRD PARTY PRESENTATIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KIRK GOSTKOWSKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06465806003
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-07-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VARIATIONS THEATRE GROUP INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0THE CHAIN THEATER
ReturnHeader/Filer/BusinessNameControlTxt0VARI
ReturnHeader/Filer/EIN0272241279
ReturnHeader/Filer/PhoneNum06465806003
ReturnHeader/Filer/USAddress/AddressLine1Txt021-28 45TH ROAD
ReturnHeader/Filer/USAddress/CityNm0LONG ISLAND CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011101
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472484286
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ELLEN M ESSMAN CPA & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0487 DANBURY RD FL 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0068972134
ReturnHeader/PreparerPersonGrp/PhoneNum02035293661
ReturnHeader/PreparerPersonGrp/PreparationDt02015-08-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELLEN M ESSMAN
ReturnHeader/ReturnTs02015-08-17T10:11:43-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,642
Liabilities
$21,345
Net assets
-$15,703
Revenue
$99,196
Expenses
$108,888
Net income
-$9,692
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.17$2.10$0.06$0.72$0.73$0.00
2023Detailed filing. Detailed filing data is available for this year.$2.51$2.44$0.07$0.74$0.69$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.29$0.28$0.01$0.58$0.60$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.26$0.24$0.03$0.27$0.22$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.18$0.22$0.04$0.13$0.17$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.01$0.14$0.17$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.08$0.09$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.04$0.04$0.02$0.05$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.06$0.06$0.15$0.07$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.02$0.02$0.09$0.10$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.01$0.02$0.02$0.10$0.11$0.01