Civic Intelligence

Albany Park Theater Project

990 • Fiscal year 2016 • EIN 36-4125560

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 09, 2017

PO Box 25072Chicago, IL 60625-7995

(773) 866-0875

Siviq Scores

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

Liabilities / Assets

48th percentile

0.09x

Higher debt load relative to assets than 48% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

36th percentile

0.05x

Higher debt load relative to revenue than 36% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

87th percentile

32%

Higher net margin than 87% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

76th percentile

$119,886

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 7.5% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

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

Source year 2016

Revenue Growth

Score unavailable

No value available

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

Source year 2016

Assets

Up

$906,617

Up $715,034 (+373%) from 2012

Net Assets

Up

$827,604

Up $679,071 (+457%) from 2012

Liabilities

Up

$79,013

Up $35,963 (+84%) from 2012

Revenue

$1,599,092

No earlier filing loaded for comparison.

Expenses

Up

$1,089,508

Up $390,546 (+56%) from 2012

Net Income

$509,584

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.

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $191,583Liabilities 2012: $43,050Net Assets 2012: $148,5332012Assets 2016: $906,617Liabilities 2016: $79,013Net Assets 2016: $827,6042016Assets 2017: $730,179Liabilities 2017: $50,651Net Assets 2017: $679,5282017Assets 2018: $644,060Liabilities 2018: $49,706Net Assets 2018: $594,3542018Assets 2019: $1,420,973Liabilities 2019: $73,066Net Assets 2019: $1,347,9072019Assets 2020: $1,445,848Liabilities 2020: $132,675Net Assets 2020: $1,313,1732020Assets 2021: $1,871,970Liabilities 2021: $173,144Net Assets 2021: $1,698,8262021Assets 2022: $2,783,427Liabilities 2022: $100,847Net Assets 2022: $2,682,5802022Assets 2023: $3,440,583Liabilities 2023: $200,253Net Assets 2023: $3,240,3302023Assets 2024: $2,329,934Liabilities 2024: $109,597Net Assets 2024: $2,220,3372024Assets 2025: $1,936,024Liabilities 2025: $89,148Net Assets 2025: $1,846,8762025

Highlighted filing

2016

Assets$906,617
Liabilities$79,013
Net Assets$827,604

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2012: $698,9622012Revenue 2016: $1,599,092Expenses 2016: $1,089,508Net Income 2016: $509,5842016Revenue 2017: $1,330,973Expenses 2017: $1,479,049Net Income 2017: -$148,0762017Revenue 2018: $1,114,777Expenses 2018: $1,199,951Net Income 2018: -$85,1742018Revenue 2019: $1,930,723Expenses 2019: $1,177,170Net Income 2019: $753,5532019Revenue 2020: $1,291,236Expenses 2020: $1,325,970Net Income 2020: -$34,7342020Revenue 2021: $1,430,393Expenses 2021: $1,044,740Net Income 2021: $385,6532021Revenue 2022: $2,233,987Expenses 2022: $1,250,233Net Income 2022: $983,7542022Revenue 2023: $2,071,780Expenses 2023: $1,514,030Net Income 2023: $557,7502023Revenue 2024: $1,852,075Expenses 2024: $2,872,068Net Income 2024: -$1,019,9932024Revenue 2025: $1,661,341Expenses 2025: $2,034,802Net Income 2025: -$373,4612025

Highlighted filing

2016

Revenue$1,599,092
Expenses$1,089,508
Net Income$509,584
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 9, 2017
Return Version
2015v3.0
Gross Receipts
$1,599,092
Mission and Program Overview

Mission

Albany Park Theater Project (APTP), an Illinois not-for-profit organization, creates transformative experiences that forge an inclusive community of youth artists, adult artists and audiences to envision and build a more just, equitable and joyful world by amplifying and illuminating the voices and experiences of our immigrant and first-generation community.

Albany park theater project is a multiethnic youth theater ensemble that inspires people to envision a more just and beautiful world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$34,171$366,444▲ $332,273
Prepaid Expenses and Deferred Charges$61,144$195,279▲ $134,135
Pledges and Grants Receivable$148,000$185,000▲ $37,000
Land, Buildings, and Equipment, Net$148,659$135,317▼ $13,342
Savings and Temporary Cash Investments$14,731$14,768▲ $37
Total Assets$406,705$906,617▲ $499,912
Other Assets Total-$9,809-
Liabilities
Accounts Payable and Accrued Expenses$52,580$79,013▲ $26,433
Deferred Revenue$25,000--
Unsecured Notes Loans Payable$11,105--
Total Liabilities$88,685$79,013▼ $9,672
Net Assets / Fund Balance
Unrestricted Net Assets$223,020$540,604▲ $317,584
Temporarily Rstr Net Assets$95,000$287,000▲ $192,000
Total Net Assets Fund Balance$318,020$827,604▲ $509,584
Total Liabilities and Net Assets / Fund Balance$406,705$906,617▲ $499,912

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$104,083$27,294$131,377
Equipment$22,392$89,574$111,966
Other Land Buildings$8,842$8,996$17,838
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David FeinerArtistic DirectorFT$112,116$7,770$119,886

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,530,790
Program Service Revenue
$66,305
Investment Income
$37
Other Revenue
$1,960
All Other Contributions
$1,507,540
Change in Net Assets
$509,584

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,599,092
Revenue Not Reported on Form 990
$42,000
Total Revenue per Audited Statements
$1,641,092
Total Revenue per Form 990
$1,599,092
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$714,144
Salaries, Compensation, and Employee Benefits$375,364
Total Fundraising Expense$129,631
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$181,883$13,758$13,757$209,398
Fees for Services Other$86,082$15,994$37,455$139,531
Current Officers, Directors, Trustees, and Key Employees$104,133$7,876$7,877$119,886
All Other Expenses$16,794$10,353$1,066$28,213
Other Expenses$28,164-$64,816$28,164
Depreciation Depletion$25,644--$25,644
Payroll Taxes$21,364$1,616$1,616$24,596
Other Employee Benefits$18,661$1,412$1,411$21,484
Insurance$13,086$436$1,018$14,540
Occupancy$7,907$264$615$8,786
Fees for Services Accounting-$7,300-$7,300
Interest$204--$204
Total Functional Expenses$900,868$59,009$129,631$1,089,508

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,131,508
Expenses per Audited Statements$1,089,508
Total Expenses per Form 990$1,089,508
Expenses Not Reported on Form 990$42,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The board of directors review and approve the 990 before the excutive director signs the return.

Form 990, Page 6, Part VI, Line 12C

Board members are required to sign an annual disclosure.

Form 990, Page 6, Part VI, Line 15A

The board of directors review the performance of the executive director and approves compensation annually.

Form 990, Page 6, Part VI, Line 15B

The executive director submits compensation for board approval.

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Albany Park Theater Project
EIN
36-4125560
Phone
7738660875
Address
PO BOX 25072, CHICAGO, IL 60625-7995

Signing Officer

Name
David Feiner
Title
Artistic Director
Phone
7738660275
Signed
2017-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Feiner
Formed
1997
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
10
Employees
8
Volunteers
10

Preparer

Firm
Kopczyk Osher & Scott Cpas
Address
65 E WACKER PL STE 1502, CHICAGO, IL 60601-7253
Preparer
Rodney C Scott
Phone
3125270111
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Board of directors serve on a volunteer basis.

Form 990, Part IX, Line 11G

Consulting 0 15,994 37,455 contract artists 86,082 0 0

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IRS990/PYContributionsGrantsAmt0918907
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/RevenueAmt066305
IRS990/SavingsAndTempCashInvstGrp/BOYAmt014731
IRS990/SavingsAndTempCashInvstGrp/EOYAmt014768
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0918907
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0788387
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0762425
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0636628
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt068265
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IRS990ScheduleA/PublicSupportPY170Pct00.99950
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IRS990ScheduleD/DonatedServicesUseFcltsAmt042000
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt089574
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0111966
IRS990ScheduleD/ExpensesNotReportedAmt042000
IRS990ScheduleD/ExpensesSubtotalAmt01089508
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt027294
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IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08842
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08996
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt017838
IRS990ScheduleD/RevenueNotReportedAmt042000
IRS990ScheduleD/RevenueSubtotalAmt01599092
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0135317
IRS990ScheduleD/TotalExpensesPerForm990Amt01089508
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD OF DIRECTORS SERVE ON A VOLUNTEER BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEW AND APPROVE THE 990 BEFORE THE EXCUTIVE DIRECTOR SIGNS THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO SIGN AN ANNUAL DISCLOSURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS REVIEW THE PERFORMANCE OF THE EXECUTIVE DIRECTOR AND APPROVES COMPENSATION ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE DIRECTOR SUBMITS COMPENSATION FOR BOARD APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONSULTING 0 15,994 37,455 CONTRACT ARTISTS 86,082 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
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IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt059009
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0900868
IRS990/TotalFunctionalExpensesGrp/TotalAmt01089508
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt088685
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IRS990/TotalLiabilitiesGrp/BOYAmt088685
IRS990/TotalLiabilitiesGrp/EOYAmt079013
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0318020
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0827604
IRS990/TotalOtherCompensationAmt07770
IRS990/TotalProgramServiceExpensesAmt0900868
IRS990/TotalProgramServiceRevenueAmt066305
IRS990/TotalReportableCompFromOrgAmt0112116
IRS990/TotalRevenueGrp/ExclusionAmt037
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01599092
IRS990/TotalVolunteersCnt010
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
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