Civic Intelligence

Times Square Advertising Coalition Inc

990EZ • Fiscal year 2019 • EIN 37-1587115

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 17, 2020

545 8th Avenue No 401New York, NY 10018

(212) 221-3100

Siviq Scores

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

Liabilities / Assets

76th percentile

0.11x

Higher debt load relative to assets than 76% of similar nonprofits.

2019 filings • NTEE S41 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

91st percentile

0.31x

Higher debt load relative to revenue than 91% of similar nonprofits.

2019 filings • NTEE S41 • <$500k nonprofits • Source year 2019

Net Margin

56th percentile

5.9%

Higher net margin than 56% of similar nonprofits.

2019 filings • NTEE S41 • <$500k nonprofits • Source year 2019

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2019 filings • NTEE S41 • <$500k nonprofits • Source year 2019

Asset Growth

51st percentile

3.5%

Faster asset growth than 51% of similar nonprofits.

2019 filings • NTEE S41 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

35th percentile

-5.4%

Faster revenue growth than 35% of similar nonprofits.

2019 filings • NTEE S41 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$254,211

Up $8,653 (+3.5%) from 2018

Net Assets

Up

$227,211

Up $8,653 (+4.0%) from 2018

Liabilities

Flat

$27,000

Flat from 2018

Revenue

Down

$87,500

Down $5,000 (-5.4%) from 2018

Expenses

Down

$82,347

Down $4,455 (-5.1%) from 2018

Net Income

Down

$5,153

Down $545 (-9.6%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $61,867Liabilities 2011: $2,5002011Assets 2012: $137,814Liabilities 2012: $0Net Assets 2012: $137,8142012Assets 2013: $242,690Liabilities 2013: $0Net Assets 2013: $242,6902013Assets 2014: $304,086Liabilities 2014: $0Net Assets 2014: $304,0862014Assets 2015: $406,519Liabilities 2015: $6,0002015Assets 2016: $494,319Liabilities 2016: $27,0002016Assets 2017: $341,360Liabilities 2017: $27,0002017Assets 2018: $245,558Liabilities 2018: $27,000Net Assets 2018: $218,5582018Assets 2019: $254,211Liabilities 2019: $27,000Net Assets 2019: $227,2112019Assets 2020: $226,320Liabilities 2020: $27,000Net Assets 2020: $199,3202020Assets 2021: $210,316Liabilities 2021: $27,000Net Assets 2021: $183,3162021Assets 2022: $182,896Liabilities 2022: $27,000Net Assets 2022: $155,8962022Assets 2023: $130,107Liabilities 2023: $0Net Assets 2023: $130,1072023Assets 2024: $85,308Liabilities 2024: $0Net Assets 2024: $85,3082024

Highlighted filing

2019

Assets$254,211
Liabilities$27,000
Net Assets$227,211

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2011: $78,500Expenses 2011: $69,561Net Income 2011: $8,9392011Revenue 2012: $170,000Expenses 2012: $91,553Net Income 2012: $78,4472012Revenue 2013: $187,500Expenses 2013: $82,624Net Income 2013: $104,8762013Revenue 2014: $197,500Expenses 2014: $136,104Net Income 2014: $61,3962014Revenue 2015: $202,500Expenses 2015: $106,067Net Income 2015: $96,4332015Revenue 2016: $160,000Expenses 2016: $93,200Net Income 2016: $66,8002016Revenue 2017: $5,000Expenses 2017: $158,950Net Income 2017: -$153,9502017Revenue 2018: $92,500Expenses 2018: $86,802Net Income 2018: $5,6982018Revenue 2019: $87,500Expenses 2019: $82,347Net Income 2019: $5,1532019Revenue 2020: $27,500Expenses 2020: $55,391Net Income 2020: -$27,8912020Revenue 2021: $0Expenses 2021: $16,004Net Income 2021: -$16,0042021Revenue 2022: $0Expenses 2022: $27,420Net Income 2022: -$27,4202022Revenue 2023: $0Expenses 2023: $25,789Net Income 2023: -$25,7892023Revenue 2024: $15,000Expenses 2024: $39,799Net Income 2024: -$24,7992024

Highlighted filing

2019

Revenue$87,500
Expenses$82,347
Net Income$5,153
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 17, 2020
Return Version
2019v5.1
Gross Receipts
$87,500
Mission and Program Overview

Mission

The times square advertising coalition (tsac), a not-for-profit trade association, is made up of the key stakeholders in times square, dedicated to the continued promotion of times square as a high profile advertising market place and brand. Our membership is committed to providing the highest level of quality products and services within times square and to preserving and enhancing this iconic landscape. To that point, tsac will initiate an awards program that will recognize best in class advertisements, cooperate with the local business development district on a visual public arts program and create an evening electronic event on its membership's billboards that will entertain pedestrian traffic in times square.

Program Services

DescriptionGrantsExpenses
THE TIMES SQUARE ADVERTISING COALITION (TSAC), A NOT-FOR-PROFIT TRADE ASSOCIATION, IS MADE UP OF THE KEY STAKEHOLDERS IN TIMES SQUARE, DEDICATED TO THE CONTINUED PROMOTION OF TIMES SQUARE AS A HIGH PROFILE ADVERTISING MARKET PLACE AND BRAND. OUR MEMBERSHIP IS COMMITTED TO PROVIDING THE HIGHEST LEVEL OF QUALITY PRODUCTS AND SERVICES WITHIN TIMES SQUARE AND TO PRESERVING AND ENHANCING THIS ICONIC LANDSCAPE. TO THAT POINT, TSAC WILL INITIATE AN AWARDS PROGRAM THAT WILL RECOGNIZE BEST IN CLASS ADVERTISEMENTS, COOPERATE WITH THE LOCAL BUSINESS DEVELOPMENT DISTRICT ON A VISUAL PUBLIC ARTS PROGRAM AND CREATE AN EVENING ELECTRONIC EVENT ON ITS MEMBERSHIP'S BILLBOARDS THAT WILL ENTERTAIN PEDESTRIAN TRAFFIC IN TIMES SQUARE.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
FRED ROSENBERGPresident/Director-$0--
TIM TOMPKINSDirector-$0--
ANTHONY CARUSOTreasurer-$0--
JAMES CAMPBELLChair/Director-$0--
GEORGE LENCESecretary-$0--
Filing and Contact Details

Filer

Filer Name
Times Square Advertising Coalition
EIN
37-1587115
Phone
2122213100
Address
545 8TH AVENUE NO 401, NEW YORK, NY 10018

Signing Officer

Name
Fred Rosenberg
Title
President
Phone
2122213100
Signed
2020-11-17
Discuss with paid preparer
Yes

Preparer

Firm
Marks Paneth Llp
Address
685 THIRD AVENUE, NEW YORK, NY 10017
Preparer
Joseph Giampapa CPA
Phone
2125038800
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: public relations. Amount: 27,458. Description: insurance. Amount: 1,969. Description: business registration fees. Amount: 3,435. Description: government relations. Amount: 36,885. Description: production costs. Amount: 850. Description: meals and entertainment. Amount: 3,500. Total to form 990-ez, line 16: 74,097.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: prior period adjustment. Amount: 3,500.

Form 990-ez, Part II, Line 24 - Other Assets

Description: organization costs. Beg. Of year amount: 20,000. End of year amount: 20,000.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 27,000. End of year amount: 27,000.

Raw XML Appendix127 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/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010017
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0225558
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IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0218558
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0227211
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt24.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0FRED ROSENBERG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TIM TOMPKINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ANTHONY CARUSO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JAMES CAMPBELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4GEORGE LENCE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/DIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3CHAIR/DIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
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IRS990EZ/OtherExpensesTotalAmt074097
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE TIMES SQUARE ADVERTISING COALITION (TSAC), A NOT-FOR-PROFIT TRADE ASSOCIATION, IS MADE UP OF THE KEY STAKEHOLDERS IN TIMES SQUARE, DEDICATED TO THE CONTINUED PROMOTION OF TIMES SQUARE AS A HIGH PROFILE ADVERTISING MARKET PLACE AND BRAND. OUR MEMBERSHIP IS COMMITTED TO PROVIDING THE HIGHEST LEVEL OF QUALITY PRODUCTS AND SERVICES WITHIN TIMES SQUARE AND TO PRESERVING AND ENHANCING THIS ICONIC LANDSCAPE. TO THAT POINT, TSAC WILL INITIATE AN AWARDS PROGRAM THAT WILL RECOGNIZE BEST IN CLASS ADVERTISEMENTS, COOPERATE WITH THE LOCAL BUSINESS DEVELOPMENT DISTRICT ON A VISUAL PUBLIC ARTS PROGRAM AND CREATE AN EVENING ELECTRONIC EVENT ON ITS MEMBERSHIP'S BILLBOARDS THAT WILL ENTERTAIN PEDESTRIAN TRAFFIC IN TIMES SQUARE.
IRS990EZ/ProgramServiceRevenueAmt087500
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE TIMES SQUARE ADVERTISING COALITION (TSAC), A NOT-FOR-PROFIT TRADE ASSOCIATION, IS MADE UP OF THE KEY STAKEHOLDERS IN TIMES SQUARE, DEDICATED TO THE CONTINUED PROMOTION OF TIMES SQUARE AS A HIGH PROFILE ADVERTISING MARKET PLACE AND BRAND. OUR MEMBERSHIP IS COMMITTED TO PROVIDING THE HIGHEST LEVEL OF QUALITY PRODUCTS AND SERVICES WITHIN TIMES SQUARE AND TO PRESERVING AND ENHANCING THIS ICONIC LANDSCAPE. TO THAT POINT, TSAC WILL INITIATE AN AWARDS PROGRAM THAT WILL RECOGNIZE BEST IN CLASS ADVERTISEMENTS, COOPERATE WITH THE LOCAL BUSINESS DEVELOPMENT DISTRICT ON A VISUAL PUBLIC ARTS PROGRAM AND CREATE AN EVENING ELECTRONIC EVENT ON ITS MEMBERSHIP'S BILLBOARDS THAT WILL ENTERTAIN PEDESTRIAN TRAFFIC IN TIMES SQUARE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TotalRevenueAmt087500
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IRS990EZ/WebsiteAddressTxt0WWW.TIMESSQUAREADCOALITION.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: PUBLIC RELATIONS. AMOUNT: 27,458. DESCRIPTION: INSURANCE. AMOUNT: 1,969. DESCRIPTION: BUSINESS REGISTRATION FEES. AMOUNT: 3,435. DESCRIPTION: GOVERNMENT RELATIONS. AMOUNT: 36,885. DESCRIPTION: PRODUCTION COSTS. AMOUNT: 850. DESCRIPTION: MEALS AND ENTERTAINMENT. AMOUNT: 3,500. TOTAL TO FORM 990-EZ, LINE 16: 74,097.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PRIOR PERIOD ADJUSTMENT. AMOUNT: 3,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ORGANIZATION COSTS. BEG. OF YEAR AMOUNT: 20,000. END OF YEAR AMOUNT: 20,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 27,000. END OF YEAR AMOUNT: 27,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-17
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ReturnHeader/Filer/PhoneNum02122213100
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ReturnHeader/PreparerPersonGrp/PhoneNum02125038800
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ReturnHeader/ReturnTs02020-11-17T13:37:51-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.15$0.40$0.25
2023Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.00$0.26$0.26
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.83$0.27$1.56$0.00$0.27$0.27
2021Detailed filing. Detailed filing data is available for this year.$2.10$0.27$1.83$0.00$0.16$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.26$0.27$1.99$0.28$0.55$0.28
2019Detailed filing. Detailed filing data is available for this year.$2.54$0.27$2.27$0.88$0.82$0.05
2018Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.46$0.27$2.19$0.93$0.87$0.06
2017Summary only. Only limited summary data is available for this year.$3.41$0.27$0.05$1.59$1.54
2016Summary only. Only limited summary data is available for this year.$4.94$0.27$1.60$0.93$0.67
2015Summary only. Only limited summary data is available for this year.$4.07$0.06$2.03$1.06$0.96
2014Detailed filing. Detailed filing data is available for this year.$3.04$0.00$3.04$1.98$1.36$0.61
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.43$0.00$2.43$1.88$0.83$1.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.00$1.38$1.70$0.92$0.78
2011Summary only. Only limited summary data is available for this year.$0.62$0.03$0.79$0.70$0.09