Civic Intelligence

Obsidian Art Space Inc

990EZ • Fiscal year 2015 • EIN 27-2427181

Jan 01, 2015 to Dec 31, 2015 • Filed on Mar 07, 2016

Organization Profilewww.obsidiantheater.org

Refreshing map…

1103 Martin StreetHouston, TX 77018

(713) 426-5656

Siviq Scores

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

Liabilities / Assets

69th percentile

0.03x

Higher debt load relative to assets than 69% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

69th percentile

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

54th percentile

5.1%

Higher net margin than 54% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

61st percentile

8.8%

Faster asset growth than 61% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

68th percentile

15%

Faster revenue growth than 68% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$57,854

Up $17,854 (+45%) from 2013

Net Assets

Up

$55,924

Up $31,013 (+124%) from 2013

Liabilities

Down

$1,930

Down $13,159 (-87%) from 2013

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin54th percentile

Revenue

Up

$91,305

Up $12,444 (+16%) from 2013

Expenses

Up

$86,652

Up $31,987 (+59%) from 2013

Net Income

Down

$4,653

Down $19,543 (-81%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

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

$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

2015

Assets$57,854
Liabilities$1,930
Net Assets$55,924
Open 2015 Filing

Operations Trend

Revenue Growth68th percentile

Revenue, expenses, and net income across loaded years, with this 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

2015

Revenue$91,305
Expenses$86,652
Net Income$4,653
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Mar 7, 2016
Return Version
2015v2.0
Gross Receipts
$91,305
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
PRODUCED 3 ORIGINAL FULL LENGTH PLAYS. PROVIDED PRODUCTION ASSISTANCE IN THE FORM OF LABOR, TRAINING & MENTORING TO ADDITIONAL PRODUCTIONS.$18,676$7,250
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHELLY IMMELSec/Treas-$0--
TOM STELLPres/Exec DirecFT$0--
Filing and Contact Details

Filer

Filer Name
Obsidian Art Space Inc
EIN
27-2427181
Phone
7134265656
Address
1103 MARTIN STREET, HOUSTON, TX 77018

Signing Officer

Name
Tom Stell
Title
President
Signed
2016-03-07
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.1002

“Office Expenses $871”

Other Expenses.1009

“Depreciation $3706”

Other Expenses.1012

“Insurance $702”

Other Expenses.1

“Production Costs $18676”

Other Expenses.2

“Operation Costs $5899”

Other Expenses.3

“Facilities Cost $5778”

Other Expenses.4

“Meals & Entertainment $57”

Other Expenses.5

“Business Registration fees $16”

Other Assets.1002

“Furniture and Fixtures - Beginning $1208 Furniture and Fixtures - Ending $863”

Other Assets.1003

“Machinery and Equipment - Beginning $5870 Machinery and Equipment - Ending $3691”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $1928 Accounts Payable and Accrued Expenses - Ending $1930”

Raw XML Appendix158 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0SHELLY IMMEL
IRS990EZ/BooksInCareOfDetail/PhoneNum07134265656
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01103 MARTIN STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HOUSTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077018
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt023202
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IRS990EZ/ContributionsGiftsGrantsEtcAmt050104
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
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IRS990EZ/ExcessOrDeficitForYearAmt04653
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IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt091305
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
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IRS990EZ/LandAndBuildingsGrp/BOYAmt022919
IRS990EZ/LandAndBuildingsGrp/EOYAmt021737
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt051271
IRS990EZ/NetAssetsOrFundBalancesEOYAmt055924
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SHELLY IMMEL
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Sec/Treas
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Pres/Exec Direc
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt07078
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04554
IRS990EZ/OtherExpensesTotalAmt035705
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO OPERATE EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC & EDUCATIONAL PURPOSES SPECIFICALLY TO HOST DIVERSE FORMS OF ART FOR THE COMMUNITY.
IRS990EZ/ProgramServiceRevenueAmt041201
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PRODUCED 3 ORIGINAL FULL LENGTH PLAYS. PROVIDED PRODUCTION ASSISTANCE IN THE FORM OF LABOR, TRAINING & MENTORING TO ADDITIONAL PRODUCTIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt018676
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt07250
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01928
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01930
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt086652
IRS990EZ/TotalProgramServiceExpensesAmt018676
IRS990EZ/TotalRevenueAmt091305
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.obsidiantheater.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt050104
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt042766
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt048768
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0141638
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt041201
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt036513
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt077714
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0219352
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt091305
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt079279
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt048768
IRS990ScheduleA/Total509Grp/TotalAmt0219352
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt091305
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt079279
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt048768
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0219352
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $871
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $3706
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $702
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Production Costs $18676
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Operation Costs $5899
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Facilities Cost $5778
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Meals & Entertainment $57
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Business Registration fees $16
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Furniture and Fixtures - Beginning $1208 Furniture and Fixtures - Ending $863
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Machinery and Equipment - Beginning $5870 Machinery and Equipment - Ending $3691
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Accounts Payable and Accrued Expenses - Beginning $1928 Accounts Payable and Accrued Expenses - Ending $1930
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Assets.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Assets.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Total Liabilities.1001
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TOM STELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-03-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OBSIDIAN ART SPACE INC
ReturnHeader/Filer/BusinessNameControlTxt0OBSI
ReturnHeader/Filer/EIN0272427181
ReturnHeader/Filer/PhoneNum07134265656
ReturnHeader/Filer/USAddress/AddressLine1Txt01103 MARTIN STREET
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077018
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHORRE & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08323 SW Frwy Ste 440
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Houston
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077074
ReturnHeader/PreparerPersonGrp/PhoneNum07137760957
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Gilbert J SchorreJrCPA
ReturnHeader/ReturnTs02016-03-07T14:15:45-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$57,854
Liabilities
$1,930
Net assets
$55,924
Revenue
$91,305
Expenses
$86,652
Net income
$4,653
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.36$0.22$0.37$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.04$0.67$2.65$2.72$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.00$0.74$2.18$1.99$0.19
2015Detailed filing. Detailed filing data is available for this year.$0.58$0.02$0.56$0.91$0.87$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.40$0.15$0.25$0.79$0.55$0.24