Civic Intelligence

Flying V Ltd.

990 • Fiscal year 2021 • EIN 45-3158715

Jan 01, 2021 to Dec 31, 2021 • Filed on May 26, 2022

4805 Edgemoor Lane Suite 101Bethesda, MD 20814

(410) 357-1837

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.20x

Higher debt load relative to assets than 83% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

70th percentile

0.03x

Higher debt load relative to revenue than 70% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

23rd percentile

-12%

Higher net margin than 23% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

90th percentile

$39,814

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 16.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

6th percentile

-61%

Faster asset growth than 6% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

40th percentile

-7.7%

Faster revenue growth than 40% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$32,270

Down $49,535 (-61%) from 2020

Net Assets

Down

$25,673

Down $45,880 (-64%) from 2020

Liabilities

Down

$6,597

Down $3,655 (-36%) from 2020

Revenue

Down

$248,797

Down $20,649 (-7.7%) from 2020

Expenses

Up

$277,866

Up $62,645 (+29%) from 2020

Net Income

Down

-$29,069

Down $83,294 (-154%) from 2020

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

2021

Assets$32,270
Liabilities$6,597
Net Assets$25,673

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

2021

Revenue$248,797
Expenses$277,866
Net Income-$29,069
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 26, 2022
Return Version
2021v4.2
Gross Receipts
$248,797
Mission and Program Overview

Mission

To Produce & Create Theatre.

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$63,005$32,270▼ $30,735
Rtn Earn Endowment Incm Other Fnds$71,553$25,673▼ $45,880
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$81,805$32,270▼ $49,535
Other Assets Total$18,800$0▼ $18,800
Liabilities
Other Liabilities$10,252$6,597▼ $3,655
Total Liabilities$10,252$6,597▼ $3,655
Net Assets / Fund Balance
Total Net Assets Fund Balance$71,553$25,673▼ $45,880
Total Liabilities and Net Assets / Fund Balance$81,805$32,270▼ $49,535
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Katherine OffuttExecutive DirectorFT$39,814$39,814

Board Members and Trustees

NameTitle
Pete MillerChair
Bob CaliVice Chair
Myra CruzAt Large
Michael BederSecretary
Warren SharonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$164,537
Program Service Revenue
$84,139
Investment Income
$6
Other Revenue
$115
All Other Contributions
$164,537
Change in Net Assets
$-29,069

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$238,052
Salaries, Compensation, and Employee Benefits$39,814
Total Fundraising Expense$4,209
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$73,280--$73,280
Current Officers, Directors, Trustees, and Key Employees$5,972$29,861$3,981$39,814
Occupancy$7,224$8,585-$15,809
All Other Expenses$11,985--$11,985
Other Expenses$10,931$32,231$228$10,931
Advertising$2,935--$2,935
Total Functional Expenses$202,980$70,677$4,209$277,866
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$70
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ppp Loan Payable$6,597
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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, Part VI, Section B, Line 11B

A copy of form 990 was provided to the organization's governing body for review before it was filed.

Form 990, Part VI, Section B, Line 12C

By asking regular updates from officers, directors and key employees for compliance purpose.

Form 990, Part VI, Section B, Line 15

The organization uses market-based data and research to determine appropriate compensation for all employees.

Form 990, Part VI, Section C, Line 18

UPON REQUEST

Form 990, Part VI, Section C, Line 19

Katherine offutt, executive director; 4805 edgemoor lane, suite 101, bethesda md 20814; 410-357-1837

Filing and Contact Details

Filer

Filer Name
Flying V Ltd
EIN
45-3158715
Phone
4103571837
Address
4805 EDGEMOOR LANE SUITE 101, BETHESDA, MD 20814

Signing Officer

Name
Katherine Offutt
Title
Executive Director
Phone
6106392252
Signed
2022-05-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katherine Offutt
Formed
2011
Legal Domicile
Md
Voting Board Members
6
Independent Board Members
6
Employees
1
Volunteers
20

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, Part IX, Line 11G

In-kind expense: program service expenses 73,280. Management and general expenses 0. Fundraising expenses 0. Total expenses 73,280.

FORM 990, PART XI, LINE 9:

Cash to accurual adjustment -16,811.

Raw XML AppendixShowing 400 of 425 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
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0FLYING 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.
IRS990/AdvertisingGrp/ProgramServicesAmt02935
IRS990/AdvertisingGrp/TotalAmt02935
IRS990/AllOtherContributionsAmt0164537
IRS990/AllOtherExpensesGrp/ProgramServicesAmt011985
IRS990/AllOtherExpensesGrp/TotalAmt011985
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/PersonNm0KATHERINE OFFUTT
IRS990/BooksInCareOfDetail/PhoneNum04103571837
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04805 EDGEMOOR LANE SUITE 101
IRS990/BooksInCareOfDetail/USAddress/CityNm0BETHESDA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020814
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt063005
IRS990/CashNonInterestBearingGrp/EOYAmt032270
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt03981
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt029861
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt05972
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt039814
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0164537
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt06
IRS990/CYOtherExpensesAmt0238052
IRS990/CYOtherRevenueAmt0115
IRS990/CYProgramServiceRevenueAmt084139
IRS990/CYRevenuesLessExpensesAmt0-29069
IRS990/CYSalariesCompEmpBnftPaidAmt039814
IRS990/CYTotalExpensesAmt0277866
IRS990/CYTotalFundraisingExpenseAmt04209
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0248797
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE GAME: LIVE! THE FIGHTS DIVISION OF FLYING V GENERATED THE GAME LIVE - A DIGITALLY PRODUCED/EDITED SHOW THAT BROUGHT FV COMPANY MEMBERS AND PROFESSIONAL WRESTLERS TOGETHER "IN THE RING AND "AT THE TABLE" WHERE THEY EXPERIENCED A WACKY TABLETOP-GAMING, BODY-SLAMMING, PILE-DRIVING, ROLE-PLAYING WRESTLING EXPERIENCE. THIS PROJECT IS A CREATIVE EXPLORATION OF WHAT HAPPENS WHEN FV FIGHTS AND FV'S THEATRICAL GAMING GO HEAD-TO-HEAD AND WAS RELEASED ONLINE IN APRIL OF 2021. IT FEATURED A TEAM OF 8 PRODUCING ARTISTS AND DESIGNERS, AND TO DATE HAS BEEN WATCHED BY OVER 540 VIEWERS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt08896
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt073280
IRS990/FeesForServicesOtherGrp/TotalAmt073280
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt545.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL BEDER
IRS990/Form990PartVIISectionAGrp/PersonNm1WARREN SHARON
IRS990/Form990PartVIISectionAGrp/PersonNm2PETE MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm3MYRA CRUZ
IRS990/Form990PartVIISectionAGrp/PersonNm4BOB CALI
IRS990/Form990PartVIISectionAGrp/PersonNm5KATHERINE OFFUTT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt539814
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt070
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0248797
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt06
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0FLYING 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt071553
IRS990/NetAssetsOrFundBalancesEOYAmt025673
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt070
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt070
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt08585
IRS990/OccupancyGrp/ProgramServicesAmt07224
IRS990/OccupancyGrp/TotalAmt015809
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt018800
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0-16811
IRS990/OtherExpensesGrp/Desc0CONTRACTORS
IRS990/OtherExpensesGrp/Desc1PRODUCTION PERSONNEL
IRS990/OtherExpensesGrp/Desc2PRODUCTION EXPENSE
IRS990/OtherExpensesGrp/Desc3OPERATION EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt0228
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt032231
IRS990/OtherExpensesGrp/ProgramServicesAmt064429
IRS990/OtherExpensesGrp/ProgramServicesAmt115132
IRS990/OtherExpensesGrp/ProgramServicesAmt211092
IRS990/OtherExpensesGrp/ProgramServicesAmt310931
IRS990/OtherExpensesGrp/TotalAmt096888
IRS990/OtherExpensesGrp/TotalAmt115132
IRS990/OtherExpensesGrp/TotalAmt211092
IRS990/OtherExpensesGrp/TotalAmt310931
IRS990/OtherLiabilitiesGrp/BOYAmt010252
IRS990/OtherLiabilitiesGrp/EOYAmt06597
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KATHERINE OFFUTT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1711190
IRS990/ProgramServiceRevenueGrp/Desc0DONATED USE OF FACILIT
IRS990/ProgramServiceRevenueGrp/Desc1OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt073280
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110859
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt073280
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110859
IRS990/ProgSrvcAccomActy2Grp/Desc0FLYING V FIGHTS: BACK! FLYING V MOUNTED ITS FIRST NARRATIVE PROFESSIONAL WRESTLING SINCE 2019 EVENT IN NOVEMBER OF 2021. 32 TECHNICIANS AND PERFORMERS PERFORMED A HIGH STAKES VILLIANS-MEET-HEROES STORY (BY MEANS OF PROFESSIONAL WRESTLING) FOR 114 AUDIENCE MEMBERS. THE LARGER THAN LIFE CHARACTERS, COSTUMES, AND MOVEMENT HELPED TO CEMENT FLYING V AS NOT ONLY PROFESSIONAL WRESTLING PROMOTERS, BUT ARTISTS LOOKING TO TELL REAL STORIES IN THIS MEDIUM, ACKNOWLEDGING THE REAL WORK AND EXPERTISE OF PROFESSIONAL WRESTLERS IN STAGE COMBAT AND PERFORMANCE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt011339
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt06415
IRS990/ProgSrvcAccomActy3Grp/Desc0PODCAST PROGRAMMING PAPERLESS PULP SERIES 2RELEASED IN THE LATE SPRING OF 2021, FLYING V'S SECOND SERIES OF OUR PULP NOIR PODCAST WAS VERY WELL RECEIVED, AND TO DATE HAS OVER 800 INDIVIDUAL UNIQUE DOWNLOADS. THREE SCRIPTS WERE DEVISED, WRITTEN, AND EDITED BY THREE DIFFERENT PLAYWRIGHTS, AND OVER 30 ARTISTS COLLABORATED ON THE RECORDING, EDITING, AND MUSICAL PRODUCTION FOR THE SET OF 3 EPISODES. THE EPISODES FEATURE A "CREATURE FEATURE" STYLE MOCKUMENTARY (VLAD ASH), A MODERN-DAY ROMANTIC COMEDY (CYRI, NO), AND A SCI-FI NARRATIVE EXPLORING EMPATHY FROM THE POINT OF VIEW OF A SENTIENT SPACECRAFT (STARCHILD DIARY).
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt04218
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt038
IRS990/ProgSrvcAccomActyOtherGrp/Desc0REST OF THE SERVICES OTHER THAN THREE LARGEST PROGRAM SERVICES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0178527
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt075457
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0166122
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0168171
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt06
IRS990/PYOtherExpensesAmt0164108
IRS990/PYOtherRevenueAmt01151
IRS990/PYProgramServiceRevenueAmt0100118
IRS990/PYRevenuesLessExpensesAmt054225
IRS990/PYSalariesCompEmpBnftPaidAmt051113
IRS990/PYTotalExpensesAmt0215221
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0269446
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-29069
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0765
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt045
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt045
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt071553
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt025673
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0164537
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0168171
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0140964
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0128122
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt093620
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0695414
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt073280
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt075570
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt050250
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt050000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt050000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0299100
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt051
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0710
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05921
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06684
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0155758
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99330
IRS990ScheduleA/PublicSupportPY170Pct00.97280
IRS990ScheduleA/PublicSupportTotal170Amt0994514
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0237817
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0243741
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0191214
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0178122
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0143620
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0994514
IRS990ScheduleA/TotalSupportAmt01001198
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06597
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PPP LOAN PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt06597
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt039814
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KATHERINE OFFUTT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt039814
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt02
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0SERVICES AND LEASE
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0COMPARABLE SALES
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY FOR REVIEW BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BY ASKING REGULAR UPDATES FROM OFFICERS, DIRECTORS AND KEY EMPLOYEES FOR COMPLIANCE PURPOSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION USES MARKET-BASED DATA AND RESEARCH TO DETERMINE APPROPRIATE COMPENSATION FOR ALL EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4KATHERINE OFFUTT, EXECUTIVE DIRECTOR; 4805 EDGEMOOR LANE, SUITE 101, BETHESDA MD 20814; 410-357-1837
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5IN-KIND EXPENSE: PROGRAM SERVICE EXPENSES 73,280. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 73,280.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CASH TO ACCURUAL ADJUSTMENT -16,811.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt081805
IRS990/TotalAssetsEOYAmt032270
IRS990/TotalAssetsGrp/BOYAmt081805
IRS990/TotalAssetsGrp/EOYAmt032270
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0164537
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt04209
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt070677
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0202980
IRS990/TotalFunctionalExpensesGrp/TotalAmt0277866
IRS990/TotalGrossUBIAmt051
IRS990/TotalLiabilitiesBOYAmt010252
IRS990/TotalLiabilitiesEOYAmt06597
IRS990/TotalLiabilitiesGrp/BOYAmt010252
IRS990/TotalLiabilitiesGrp/EOYAmt06597
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt071553
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt025673
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt0178527
IRS990/TotalOtherProgSrvcGrantAmt075457
IRS990/TotalOtherProgSrvcRevenueAmt0166122
IRS990/TotalProgramServiceExpensesAmt0202980
IRS990/TotalProgramServiceRevenueAmt084139
IRS990/TotalReportableCompFromOrgAmt039814
IRS990/TotalRevenueGrp/ExclusionAmt070
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt084139
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0248797
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt051
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt081805
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt032270
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04805 EDGEMOOR LANE SUITE 101
IRS990/USAddress/CityNm0BETHESDA
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd020814
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.FLYINGVTHEATRE.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHERINE OFFUTT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06106392252

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings