Civic Intelligence

Variations Theatre Group Inc the Chain Theater

990EZ • Fiscal year 2020 • EIN 27-2241279

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 26, 2021

Organization ProfileN/A
312 W 36th St 4th FloorNew York, NY 10018

(646) 580-6003

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.25x

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

2020 filings • NTEE A65 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

93rd percentile

1.69x

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

2020 filings • NTEE A65 • <$500k nonprofits • Source year 2020

Net Margin

25th percentile

-28%

Higher net margin than 25% of similar nonprofits.

2020 filings • NTEE A65 • <$500k nonprofits • Source year 2020

Top Officer Pay

61st percentile

$0

Higher top officer pay than 61% of similar nonprofits.

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

2020 filings • NTEE A65 • <$500k nonprofits • Source year 2020

Asset Growth

96th percentile

988%

Faster asset growth than 96% of similar nonprofits.

2020 filings • NTEE A65 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

71st percentile

-8.7%

Faster revenue growth than 71% of similar nonprofits.

2020 filings • NTEE A65 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$176,671

Up $160,427 (+988%) from 2019

Net Assets

Down

-$43,571

Down $35,915 (-469%) from 2019

Liabilities

Up

$220,242

Up $196,342 (+822%) from 2019

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin25th percentile

Revenue

Down

$129,941

Down $12,443 (-8.7%) from 2019

Expenses

Down

$165,856

Down $6,298 (-3.7%) from 2019

Net Income

Down

-$35,915

Down $6,145 (-21%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

2020

Assets$176,671
Liabilities$220,242
Net Assets-$43,571
Open 2020 Filing

Operations Trend

Revenue Growth71st percentile

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

2020

Revenue$129,941
Expenses$165,856
Net Income-$35,915
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 26, 2021
Return Version
2020v4.0
Gross Receipts
$129,941
Mission and Program Overview

Mission

To provide a performing arts and film theater

Performing arts & film theater

Program Services

DescriptionGrantsExpenses
STAGE OWN PRODUCTIONS TO SHOWCASE LOCAL TALENT THE THEATER IS OPEN TO PUBLIC AND PROVIDES FREE AND DISCOUNT EVENTS FOR THE COMMUNITY$39,359$14,324
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KIRK GOSTKOWSKIPresidentFT$0--
JOHN LONGSecretary-$0--
MARSHALL CRUTCHFIELDTreasurer-$0--
MICHAEL HOROWITZDirector-$0--
MATT BLANKDirector-$0--
Filing and Contact Details

Filer

Filer Name
Variations Theatre Group Inc
EIN
27-2241279
Address
312 W 36TH ST 4TH FLOOR, NEW YORK, NY 10018

Signing Officer

Name
Kirk Gostkowski
Title
President
Signed
2021-04-26
Discuss with paid preparer
Yes

Preparer

Firm
Peggiann McCoy CPA PC
Address
4949 EXPRESS DR N SUITE 205, RONKONKOMA, NY 11779
Preparer
Peggiann McCoy
Phone
6319816646
Supplemental Narrative

Additional Explanations

990 Ez, Part I Line 8

“Other income is $30,000 insurance proceeds for lost revenue”

990 Ez, Part 1 Line 16

“Other expenses total 22825 program exp 14324 travel 1471 insurance 4224 computer 1295 dues 1479 bank chg 32”

990 Ez, Part 2 Line 26

“Total liabilities 220242 deferred revenue 26000 sba loans payable 87000 rent payable 103730 utilities payable 3512”

Raw XML Appendix151 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/PersonNm0THE CORPORATION
IRS990EZ/BooksInCareOfDetail/PhoneNum06465806003
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0312 W 36TH ST 4TH FLOOR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010018
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt016244
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0176671
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt060582
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-35915
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0475
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/Form990TotalAssetsGrp/BOYAmt016244
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0176671
IRS990EZ/GrossReceiptsAmt0129941
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-7656
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-43571
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-7656
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-43571
IRS990EZ/OccupancyRentUtltsAndMaintAmt0134651
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KIRK GOSTKOWSKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOHN LONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARSHALL CRUTCHFIELD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MICHAEL HOROWITZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MATT BLANK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt022825
IRS990EZ/OtherRevenueTotalAmt030000
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PERFORMING ARTS & FILM THEATER
IRS990EZ/ProgramServiceRevenueAmt039359
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0STAGE OWN PRODUCTIONS TO SHOWCASE LOCAL TALENT THE THEATER IS OPEN TO PUBLIC AND PROVIDES FREE AND DISCOUNT EVENTS FOR THE COMMUNITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt039359
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt014324
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt07905
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt023900
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0220242
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0165856
IRS990EZ/TotalProgramServiceExpensesAmt014324
IRS990EZ/TotalRevenueAmt0129941
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt060582
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt017000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt08225
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt05590
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt024523
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0115920
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt039359
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0125384
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt070125
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt016972
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0129276
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0381116
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0497036
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt099941
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0142384
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt078350
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt022562
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0153799
IRS990ScheduleA/Total509Grp/TotalAmt0497036
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt099941
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0142384
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt078350
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt022562
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0153799
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0497036
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER INCOME IS $30,000 INSURANCE PROCEEDS FOR LOST REVENUE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER EXPENSES TOTAL 22825 PROGRAM EXP 14324 TRAVEL 1471 INSURANCE 4224 COMPUTER 1295 DUES 1479 BANK CHG 32
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TOTAL LIABILITIES 220242 DEFERRED REVENUE 26000 SBA LOANS PAYABLE 87000 RENT PAYABLE 103730 UTILITIES PAYABLE 3512
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0990 EZ, PART I LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1990 EZ, PART 1 LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2990 EZ, PART 2 LINE 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KIRK GOSTKOWSKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VARIATIONS THEATRE GROUP INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0THE CHAIN THEATRE
ReturnHeader/Filer/BusinessNameControlTxt0VARI
ReturnHeader/Filer/EIN0272241279
ReturnHeader/Filer/USAddress/AddressLine1Txt0312 W 36TH ST 4TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010018
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0030404880
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Peggiann McCoy CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04949 EXPRESS DR N SUITE 205
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RONKONKOMA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011779
ReturnHeader/PreparerPersonGrp/PhoneNum06319816646
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Peggiann McCoy
ReturnHeader/ReturnTs02021-05-05T07:37:53-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KIRK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GOSTKOWSKI
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$176,671
Liabilities
$220,242
Net assets
-$43,571
Revenue
$129,941
Expenses
$165,856
Net income
-$35,915
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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • NTEE A65 • <$500k nonprofits