Civic Intelligence

Obsidian Art Space Inc

EIN 27-2427181 • 501(c)3 • Houston, TX

Profile

To operate exclusively for charitable, scientific & educational purposes specifically to host diverse forms of art for the community.

Refreshing map…

1103 Martin StreetHouston, TX 77018

www.obsidiantheater.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

64th percentile

0.00x

Higher debt load relative to assets than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

12th percentile

-66%

Higher net margin than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

32nd percentile

-20%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2020

Revenue Growth

16th percentile

-56%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2020

Assets

Down

$36,279

Down $35,076 (-49%) from 2017

Liabilities

Down

$136

Down $4,150 (-97%) from 2017

Net Assets

Down

$36,143

Down $30,926 (-46%) from 2017

Revenue

Down

$21,991

Down $242,600 (-92%) from 2017

Expenses

Down

$36,582

Down $235,433 (-87%) from 2017

Net Income

Down

-$14,591

Down $7,167 (-97%) from 2017

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2013: $40,000Liabilities 2013: $15,089Net Assets 2013: $24,9112013Assets 2015: $57,854Liabilities 2015: $1,930Net Assets 2015: $55,9242015Assets 2016: $74,962Liabilities 2016: $469Net Assets 2016: $74,4932016Assets 2017: $71,355Liabilities 2017: $4,286Net Assets 2017: $67,0692017Assets 2020: $36,279Liabilities 2020: $136Net Assets 2020: $36,1432020

Highlighted filing

2020

Assets$36,279
Liabilities$136
Net Assets$36,143

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2013: $78,861Expenses 2013: $54,665Net Income 2013: $24,1962013Revenue 2015: $91,305Expenses 2015: $86,652Net Income 2015: $4,6532015Revenue 2016: $218,036Expenses 2016: $199,467Net Income 2016: $18,5692016Revenue 2017: $264,591Expenses 2017: $272,015Net Income 2017: -$7,4242017Revenue 2020: $21,991Expenses 2020: $36,582Net Income 2020: -$14,5912020

Highlighted filing

2020

Revenue$21,991
Expenses$36,582
Net Income-$14,591

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 17, 2021
Return Version
2020v4.0
Gross Receipts
$21,991
Mission and Program Overview

Mission

To operate exclusively for charitable, scientific & educational purposes specifically to host diverse forms of art for the community.

Program Services

DescriptionGrantsExpenses
NO SHOWS IN 2020 DUE TO COVID-19 PANDEMIC. NO PAYMENTS TO ARTISTS, STAFF OR CONTRACT SERVICES IN 2020.$710-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHELLY IMMELTreasurer-$0--
TOM STELLPres/Exec DirecFT$0--
MICHAEL JAYSONDirector-$0--
SAUL VALENTINDirector-$0--
LAUREN WALSTAD HARDYDirector/Sec-$0--
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Tom Stell Shelly ImmelBoard Pres & SpouseDonation of FacilitiesNo-
Filing and Contact Details

Filer

Filer Name
Obsidian Art Space Inc
EIN
27-2427181
Phone
7139223523
Address
1103 MARTIN STREET, HOUSTON, TX 77018

Signing Officer

Name
Shelly Immel
Title
Treasurer
Signed
2021-08-17
Discuss with paid preparer
Yes

Preparer

Firm
Schorre & Associates LLC
Address
8323 SW Frwy Ste 440, Houston, TX 77074
Preparer
Gilbert J SchorreJrCPA
Phone
7137760957
Supplemental Narrative

Additional Explanations

Other Expenses.1009

Depreciation $2045

Other Expenses.1

Operation Costs $4311

Other Expenses.2

Production Costs $710

Other Expenses.3

Facilities Cost $116

Other Assets.1003

Machinery and Equipment - Beginning $4739 Machinery and Equipment - Ending $3647

Total Liabilities.1

Credit Card Debt - Beginning $504 Credit Card Debt - Ending $136

Total Liabilities.2

Loan from Director - Beginning $10000 Loan from Director - Ending $0

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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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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits