Civic Intelligence

Flying V Ltd.

990EZ • Fiscal year 2017 • EIN 45-3158715

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 01, 2018

4805 Edgemoor Lane Suite 101Bethesda, MD 20814

(610) 639-2252

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.70x

Higher debt load relative to assets than 92% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

80th percentile

0.08x

Higher debt load relative to revenue than 80% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

22nd percentile

-11%

Higher net margin than 22% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

20th percentile

-21%

Faster asset growth than 20% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

19th percentile

-26%

Faster revenue growth than 19% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$15,735

Down $4,240 (-21%) from 2016

Net Assets

Down

$4,663

Down $15,312 (-77%) from 2016

Liabilities

Up

$11,072

Up $11,072 from 2016

Revenue

Down

$134,680

Down $47,185 (-26%) from 2016

Expenses

Down

$149,992

Down $16,293 (-9.8%) from 2016

Net Income

Down

-$15,312

Down $30,892 (-198%) from 2016

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2011: $360Liabilities 2011: $02011Assets 2012: $1,075Liabilities 2012: $02012Assets 2013: $947Liabilities 2013: $02013Assets 2015: $10,570Liabilities 2015: $6,175Net Assets 2015: $4,3952015Assets 2016: $19,975Liabilities 2016: $0Net Assets 2016: $19,9752016Assets 2017: $15,735Liabilities 2017: $11,072Net Assets 2017: $4,6632017Assets 2018: $24,236Liabilities 2018: $0Net Assets 2018: $24,2362018Assets 2019: $20,552Liabilities 2019: $3,224Net Assets 2019: $17,3282019Assets 2020: $81,805Liabilities 2020: $10,252Net Assets 2020: $71,5532020Assets 2021: $32,270Liabilities 2021: $6,597Net Assets 2021: $25,6732021Assets 2022: $28,146Liabilities 2022: $0Net Assets 2022: $28,1462022Assets 2023: $20,620Liabilities 2023: $0Net Assets 2023: $20,6202023Assets 2024: $15,188Liabilities 2024: $0Net Assets 2024: $15,1882024

Highlighted filing

2017

Assets$15,735
Liabilities$11,072
Net Assets$4,663

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $4,999Expenses 2011: $4,638Net Income 2011: $3612011Revenue 2012: $8,032Expenses 2012: $7,317Net Income 2012: $7152012Revenue 2013: $28,116Expenses 2013: $27,168Net Income 2013: $9482013Revenue 2015: $81,901Expenses 2015: $78,077Net Income 2015: $3,8242015Revenue 2016: $181,865Expenses 2016: $166,285Net Income 2016: $15,5802016Revenue 2017: $134,680Expenses 2017: $149,992Net Income 2017: -$15,3122017Revenue 2018: $167,521Expenses 2018: $155,050Net Income 2018: $12,4712018Revenue 2019: $259,317Expenses 2019: $269,192Net Income 2019: -$9,8752019Revenue 2020: $269,446Expenses 2020: $215,221Net Income 2020: $54,2252020Revenue 2021: $248,797Expenses 2021: $277,866Net Income 2021: -$29,0692021Revenue 2022: $263,923Expenses 2022: $286,950Net Income 2022: -$23,0272022Revenue 2023: $287,745Expenses 2023: $295,246Net Income 2023: -$7,5012023Revenue 2024: $349,047Expenses 2024: $359,073Net Income 2024: -$10,0262024

Highlighted filing

2017

Revenue$134,680
Expenses$149,992
Net Income-$15,312
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 1, 2018
Return Version
2017v2.2
Gross Receipts
$134,680
Mission and Program Overview

Mission

Flying v is redefining theatre, with the intent to invigorate and inspire people to live life with a greater sense of appreciation and adventure, to combat the increasing epidemic of existential loneliness in our culture. A gateway drug to theatre that bridges the gap between pop culture and high culture, we are dedicated to the creation, development, and production of vibrant original work, offbeat contemporary plays, and theatrical performance art inspired by genre fiction and other modern mythologies. By creating work that reflects the intimate struggles of the human condition through vivid, high concept metaphors and artistic vigor, we hope to shine a light on the loneliness and isolation that so many feel and create a sense of connection and wonder. We are your friendly neighborhood indie theatre. Expect awesome. Be awesome.

To produce & create theatre.

Program Services

DescriptionGrantsExpenses
FLYING V FIGHTS: THE SECRET HISTORY OF THE UNKNOWN WORLD AN ORIGINAL, DEVISED, WORLD PREMIERE PRODUCTION, AND THE THIRD INSTALLMENT OF OUR "FLYING V FIGHTS" SERIES; AN ENSEMBLE-DEVISED THEATRICAL ALBUM OF SCENES, FOCUSING ON A DIFFERENT THEME EACH TIME, AND TOLD PRIMARILY THROUGH MOVEMENT AND STAGE COMBAT. "THE SECRET HISTORY OF THE UNKNOWN WORLD" WAS THE FIRST TIME THAT WE TOOK ONE OF THIS SERIES AND CREATED A COHESIVE WORLD FOR ALL OF THE SCENES TO LIVE IN TOGETHER, AS WELL AS AN ORIGINAL SCRIPT OF DIALOGUE AND COMPLETELY ORIGINAL MUSICAL SCORE. THIS WAS OUR BIGGEST SHOW TO THAT POINT IN MANY WAYS, INCLUDING A CLIMBABLE STEEL STRUCTURE IN THE MIDDLE OF THE SET, MULTIPLE HIDDEN AND REVOLVING DOORWAYS, AND A LASER GRID FOR THE ACTORS TO INTERACT WITH AND FIGHT AROUND. THE SHOW ASKED THE QUESTION "WHAT IF ALL OF MODERN POPULAR CULTURE, FROM SHERLOCK HOLMES AND JEKYLL & HYDE, THROUGH NANCY DREW & CTHULU, TO DEADPOOL & TWILIGHT, WAS ALL REAL? WHAT DOES THAT WORLD LOOK LIKE?" WITH EACH POP CULTURE REFERENCE EXISTING IN THE WORLD IN THE SHOW ACCURATE TO THE YEAR OF ITS CREATION OR HEIGHT OF ITS POPULARITY, FLYING V COVERED 200 YEARS OF POP CULTURE IN JUST OVER 2 HOURS OF PHYSICAL ACTION. THIS PLAY RAN FOR FOUR WEEKS AND WAS NOMINATED FOR THE HELEN HAYES AWARD FOR OUTSTANDING CHOREOGRAPHY.$0$32,735
BROTHER MARIO AN ORIGINAL, WORLD PREMIERE PRODUCTION BY COMPANY MEMBER SEAMUS SULLIVAN, WHICH WE HAD COMMISSIONED. THIS NEW PARODY PLAY WAS A CHEKHOVIAN LOOK AT THE SUPER MARIO BROTHERS; A WORLD IN WHICH MARIO BATTLED DEPRESSION AND ENNUI THAT CAME FROM HIS EVER-CONSTANT EXISTENCE AND HAD TO FIGURE OUT HOW TO KEEP MOVING FORWARD WITH HIS LIFE AND FIND NEW MEANING THEREIN. THE SHOW WAS OUR FIRST TO EXTEND TO A FOUR WEEK RUN, WHICH LED TO OUR HIGHEST ATTENDANCE NUMBERS EVER.$0$23,430
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JASON SCHLAFSTEINProducing Artistic DirectorFT$35,700-$35,700
JONATHAN RUBINManaging DirectorPT$1,825-$1,825
JOHN BARKMEYERAt Large-$0--
EVELYN SCHREIBERAt Large (Jan-Nov 2017)-$0--
MELISSA WILEYPresident-$0--
JUDY GILBERT LEVEYVice President-$0--
KEVIN FARAGHERSecretary-$0--
JONATHAN ZUCKERTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Flying V Ltd
EIN
45-3158715
Phone
6106392252
Address
4805 EDGEMOOR LANE SUITE 101, BETHESDA, MD 20814

Signing Officer

Name
Jonathan Zucker
Title
Treasurer
Phone
6106392252
Signed
2018-06-01
Discuss with paid preparer
Yes

Preparer

Firm
Caldwell & Associates LLC
Address
8120 WOODMONT AVENUE 400, BETHESDA, MD 20814
Preparer
William J Caldwell CPA
Phone
3019418090
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest. Amount: 1.

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 3,870. Returns and allowances: 2,522. Less cost of goods sold: 0. Gross profit: 1,348.

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

Description: artistic development. Amount: 779. Description: bank fees. Amount: 59. Description: conference and classes. Amount: 674. Description: development expense. Amount: 610. Description: dues and memberships. Amount: 858. Description: insurance expenses. Amount: 5,086. Description: license and fees. Amount: 124. Description: marketing expense. Amount: 4,447. Description: meals. Amount: 1,740. Description: miscellaneous expenses. Amount: 4,029. Description: payroll fees. Amount: 606. Description: production expense. Amount: 57,203. Description: supplies. Amount: 426. Description: payroll taxes. Amount: 5,537. Description: travel. Amount: 715. Description: other expenses. Amount: 325. Total to form 990-ez, line 16: 83,218.

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

Description: prepaid expense. Beg. Of year amount: 145. End of year amount: 7,570.

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

Description: accounts payable. Beg. Of year amount: 0. End of year amount: 7,072. Description: short term liabilities. Beg. Of year amount: 0. End of year amount: 4,000.

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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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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1FLYING V FIGHTS: THE SECRET HISTORY OF THE UNKNOWN WORLD AN ORIGINAL, DEVISED, WORLD PREMIERE PRODUCTION, AND THE THIRD INSTALLMENT OF OUR "FLYING V FIGHTS" SERIES; AN ENSEMBLE-DEVISED THEATRICAL ALBUM OF SCENES, FOCUSING ON A DIFFERENT THEME EACH TIME, AND TOLD PRIMARILY THROUGH MOVEMENT AND STAGE COMBAT. "THE SECRET HISTORY OF THE UNKNOWN WORLD" WAS THE FIRST TIME THAT WE TOOK ONE OF THIS SERIES AND CREATED A COHESIVE WORLD FOR ALL OF THE SCENES TO LIVE IN TOGETHER, AS WELL AS AN ORIGINAL SCRIPT OF DIALOGUE AND COMPLETELY ORIGINAL MUSICAL SCORE. THIS WAS OUR BIGGEST SHOW TO THAT POINT IN MANY WAYS, INCLUDING A CLIMBABLE STEEL STRUCTURE IN THE MIDDLE OF THE SET, MULTIPLE HIDDEN AND REVOLVING DOORWAYS, AND A LASER GRID FOR THE ACTORS TO INTERACT WITH AND FIGHT AROUND. THE SHOW ASKED THE QUESTION "WHAT IF ALL OF MODERN POPULAR CULTURE, FROM SHERLOCK HOLMES AND JEKYLL & HYDE, THROUGH NANCY DREW & CTHULU, TO DEADPOOL & TWILIGHT, WAS ALL REAL? WHAT DOES THAT WORLD LOOK LIKE?" WITH EACH POP CULTURE REFERENCE EXISTING IN THE WORLD IN THE SHOW ACCURATE TO THE YEAR OF ITS CREATION OR HEIGHT OF ITS POPULARITY, FLYING V COVERED 200 YEARS OF POP CULTURE IN JUST OVER 2 HOURS OF PHYSICAL ACTION. THIS PLAY RAN FOR FOUR WEEKS AND WAS NOMINATED FOR THE HELEN HAYES AWARD FOR OUTSTANDING CHOREOGRAPHY.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INCOME: GROSS RECEIPTS: 3,870. RETURNS AND ALLOWANCES: 2,522. LESS COST OF GOODS SOLD: 0. GROSS PROFIT: 1,348.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ARTISTIC DEVELOPMENT. AMOUNT: 779. DESCRIPTION: BANK FEES. AMOUNT: 59. DESCRIPTION: CONFERENCE AND CLASSES. AMOUNT: 674. DESCRIPTION: DEVELOPMENT EXPENSE. AMOUNT: 610. DESCRIPTION: DUES AND MEMBERSHIPS. AMOUNT: 858. DESCRIPTION: INSURANCE EXPENSES. AMOUNT: 5,086. DESCRIPTION: LICENSE AND FEES. AMOUNT: 124. DESCRIPTION: MARKETING EXPENSE. AMOUNT: 4,447. DESCRIPTION: MEALS. AMOUNT: 1,740. DESCRIPTION: MISCELLANEOUS EXPENSES. AMOUNT: 4,029. DESCRIPTION: PAYROLL FEES. AMOUNT: 606. DESCRIPTION: PRODUCTION EXPENSE. AMOUNT: 57,203. DESCRIPTION: SUPPLIES. AMOUNT: 426. DESCRIPTION: PAYROLL TAXES. AMOUNT: 5,537. DESCRIPTION: TRAVEL. AMOUNT: 715. DESCRIPTION: OTHER EXPENSES. AMOUNT: 325. TOTAL TO FORM 990-EZ, LINE 16: 83,218.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: PREPAID EXPENSE. BEG. OF YEAR AMOUNT: 145. END OF YEAR AMOUNT: 7,570.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 7,072. DESCRIPTION: SHORT TERM LIABILITIES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 4,000.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 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.
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.86.10.225
ReturnHeader/FilingSecurityInformation/IPDt02018-06-01
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm014:10:30
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0814319449
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CALDWELL & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08120 WOODMONT AVENUE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BETHESDA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020814
ReturnHeader/PreparerPersonGrp/PhoneNum03019418090
ReturnHeader/PreparerPersonGrp/PreparationDt02018-06-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM J CALDWELL CPA
ReturnHeader/ReturnTs02018-06-01T14:10:32-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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