Civic Intelligence

Electric Lit Inc.

990 • Fiscal year 2018 • EIN 46-1402365

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 21, 2019

147 Prince StreetBrooklyn, NY 11201

(323) 839-6204

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.27x

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

2018 filings • NTEE S • <$500k nonprofits • Source year 2018

Liabilities / Revenue

71st percentile

0.06x

Higher debt load relative to revenue than 71% of similar nonprofits.

2018 filings • NTEE S • <$500k nonprofits • Source year 2018

Net Margin

36th percentile

-2.2%

Higher net margin than 36% of similar nonprofits.

2018 filings • NTEE S • <$500k nonprofits • Source year 2018

Top Officer Pay

90th percentile

$55,833

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 18.9% of source-year revenue.

2018 filings • NTEE S • <$500k nonprofits • Source year 2018

Asset Growth

48th percentile

0.7%

Faster asset growth than 48% of similar nonprofits.

2018 filings • NTEE S • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

58th percentile

3.9%

Faster revenue growth than 58% of similar nonprofits.

2018 filings • NTEE S • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$59,621

Up $442 (+0.7%) from 2017

Net Assets

Down

$43,401

Down $6,616 (-13%) from 2017

Liabilities

Up

$16,220

Up $7,058 (+77%) from 2017

Revenue

Up

$294,717

Up $11,013 (+3.9%) from 2017

Expenses

Up

$301,333

Up $18,671 (+6.6%) from 2017

Net Income

Down

-$6,616

Down $7,658 (-735%) from 2017

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2014: $36,302Liabilities 2014: $0Net Assets 2014: $36,3022014Assets 2015: $33,132Liabilities 2015: $0Net Assets 2015: $33,1322015Assets 2016: $56,206Liabilities 2016: $7,231Net Assets 2016: $48,9752016Assets 2017: $59,179Liabilities 2017: $9,162Net Assets 2017: $50,0172017Assets 2018: $59,621Liabilities 2018: $16,220Net Assets 2018: $43,4012018Assets 2019: $51,859Liabilities 2019: $19,732Net Assets 2019: $32,1272019Assets 2020: $29,626Liabilities 2020: $14,635Net Assets 2020: $14,9912020Assets 2021: $16,411Liabilities 2021: $29,048Net Assets 2021: -$12,6372021Assets 2022: $24,342Liabilities 2022: $39,200Net Assets 2022: -$14,8582022Assets 2023: $58,464Liabilities 2023: $65,406Net Assets 2023: -$6,9422023Assets 2024: $18,735Liabilities 2024: $66,516Net Assets 2024: -$47,7812024

Highlighted filing

2018

Assets$59,621
Liabilities$16,220
Net Assets$43,401

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $121,969Expenses 2014: $90,284Net Income 2014: $31,6852014Revenue 2015: $180,103Expenses 2015: $183,273Net Income 2015: -$3,1702015Revenue 2016: $255,558Expenses 2016: $252,484Net Income 2016: $3,0742016Revenue 2017: $283,704Expenses 2017: $282,662Net Income 2017: $1,0422017Revenue 2018: $294,717Expenses 2018: $301,333Net Income 2018: -$6,6162018Revenue 2019: $280,663Expenses 2019: $291,937Net Income 2019: -$11,2742019Revenue 2020: $320,464Expenses 2020: $337,600Net Income 2020: -$17,1362020Revenue 2021: $328,113Expenses 2021: $355,741Net Income 2021: -$27,6282021Revenue 2022: $411,473Expenses 2022: $413,694Net Income 2022: -$2,2212022Revenue 2023: $477,969Expenses 2023: $470,053Net Income 2023: $7,9162023Revenue 2024: $445,570Expenses 2024: $486,409Net Income 2024: -$40,8392024

Highlighted filing

2018

Revenue$294,717
Expenses$301,333
Net Income-$6,616
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 21, 2019
Return Version
2018v3.1
Gross Receipts
$310,207
Mission and Program Overview

Mission

Electric literature's mission is to amplify the power of storytelling with digital innovation, and to ensure that literature remains a vibrant presence in popular culture by supporting writers, embracing new technologies, and building literary community. We serve our mission by operating literary websites, developing innovative publishing projects, and hosting free literary events that are open to the public.

Electric literature's mission is to keep literature a vital part of popular culture through digital innovation and supporting writers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$17,204$16,341▼ $863
Intangible Assets-$16,000-
Savings and Temporary Cash Investments$16,149$12,258▼ $3,891
Cash and Non-Interest-Bearing Accounts$7,536$9,344▲ $1,808
Pledges and Grants Receivable$6,600$0▼ $6,600
Inventories for Sale or Use$8,900$4,278▼ $4,622
Prepaid Expenses and Deferred Charges$1,390--
Total Assets$59,179$59,621▲ $442
Other Assets Total$1,400$1,400→ $0
Liabilities
Accounts Payable and Accrued Expenses$9,162$16,220▲ $7,058
Total Liabilities$9,162$16,220▲ $7,058
Net Assets / Fund Balance
Unrestricted Net Assets$43,417$43,401▼ $16
Temporarily Rstr Net Assets$6,600--
Total Net Assets Fund Balance$50,017$43,401▼ $6,616
Total Liabilities and Net Assets / Fund Balance$59,179$59,621▲ $442
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Halimah MarcusTreasurer/exec. DirectorFT$54,179$1,654$55,833

Board Members and Trustees

NameTitle
Russell a HunterPresident
Danielle McconnellBoard Member
Meredith TalusanBoard Member
Michael CunninghamBoard Member
Nicole CliffeBoard Member
Sara NelsonBoard Member
Sean McdonaldBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$123,684
Program Service Revenue
$159,800
Investment Income
$2
Other Revenue
$11,231
All Other Contributions
$36,781
Change in Net Assets
$-6,616
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$182,475
Salaries, Compensation, and Employee Benefits$118,858
Total Fundraising Expense$16,681
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$131,567$0$0$131,567
Current Officers, Directors, Trustees, and Key Employees$21,672$24,380$8,127$54,179
Other Salaries and Wages$31,912$21,275$0$53,187
Occupancy$9,390$8,000$1,424$18,814
Payroll Taxes$4,099$3,493$622$8,214
Advertising$5,228$0$0$5,228
Travel$3,401$0$0$3,401
Fees for Services Accounting$0$3,389$0$3,389
Other Employee Benefits$1,636$1,394$248$3,278
Office Expenses$1,385$1,180$210$2,775
Other Expenses$0$1,305$0$1,305
Insurance$0$568$0$568
Royalties$5$0$0$5
Total Functional Expenses$218,125$66,527$16,681$301,333
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,611
Fundraising Gross Income$1,611
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Genre Ball$17,689$1,611$1,611$0
Total Events$17,689$1,611$1,611$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-See Part VPromotional sponsorshipNo$20,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Filing and Contact Details

Filer

Filer Name
Electric Lit Inc
EIN
46-1402365
Phone
3238396204
Address
147 PRINCE STREET, BROOKLYN, NY 11201
Doing Business As
Electric Literature

Signing Officer

Name
Russell a Hunter
Title
Board Chair
Phone
3238396204
Signed
2019-06-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Russell a Hunter
Formed
2014
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
6
Employees
2
Volunteers
6

Preparer

Firm
Rich and Bander Llp
Address
79 Madison Avenue 2nd Floor, New York, NY 10016
Preparer
Jonathan a Bander
Phone
2126842470
Supplemental Narrative

Additional Explanations

Pt VI, Line 15A

All compensation of the executive director and/or key employees is subject to approval by the board chairman.

Pt VI, Line 15B

All compensation of the executive director and/or key employees is subject to approval by the board chairman.

Pt VI, Line 11B

Form 990 is reviewed and approved by all board memebrs prior to filing.

Pt VI, Line 12C

Officers/directors are required to disclose conflicts of interest annually.

Pt VI, Line 19

Documents available upon request.

Financial Statement Notes

Pt X, Line 2

The organization has evaluated its current tax positions and has concluded that as of december 31, 2018, the organization does not have any significant uncertain tax positions for which a reserve would be necessary.

Raw XML AppendixShowing 400 of 482 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt09162
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt016220
IRS990/AccountsReceivableGrp/BOYAmt017204
IRS990/AccountsReceivableGrp/EOYAmt016341
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ELECTRIC LITERATURE'S MISSION IS TO KEEP LITERATURE A VITAL PART OF POPULAR CULTURE THROUGH DIGITAL INNOVATION AND SUPPORTING WRITERS.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt05228
IRS990/AdvertisingGrp/TotalAmt05228
IRS990/AllOtherContributionsAmt036781
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0HALIMAH MARCUS
IRS990/BooksInCareOfDetail/PhoneNum03238396204
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0147 PRINCE STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011201
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0true
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt07536
IRS990/CashNonInterestBearingGrp/EOYAmt09344
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt08127
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt024380
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt021672
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt054179
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt016078
IRS990/CostOfGoodsSoldAmt013879
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0123684
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02
IRS990/CYOtherExpensesAmt0182475
IRS990/CYOtherRevenueAmt011231
IRS990/CYProgramServiceRevenueAmt0159800
IRS990/CYRevenuesLessExpensesAmt0-6616
IRS990/CYSalariesCompEmpBnftPaidAmt0118858
IRS990/CYTotalExpensesAmt0301333
IRS990/CYTotalFundraisingExpenseAmt016681
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0294717
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0RECOMMENDED READING-WEEKLY FICTION MAGAZINE WITH OVER 113,000 SUBSCRIBERS, ONE OF THE LARGEST AUDIENCES FOR LITERARY SHORT STORIES IN THE WORLD. OKEY-PANKY- WEEKLY MAGAZINE LAUNCHED IN 2015 THAT PUBLISHES SHORT, EXPERIMENTAL FICTION,ESSAY, POETRY AND GRAPHIC NARRATIVE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0ELECTRIC LITERATURE
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0218125
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03389
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt03389
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0131567
IRS990/FeesForServicesOtherGrp/TotalAmt0131567
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt71654
IRS990/Form990PartVIISectionAGrp/PersonNm0RUSSELL A HUNTER
IRS990/Form990PartVIISectionAGrp/PersonNm1SEAN MCDONALD
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL CUNNINGHAM
IRS990/Form990PartVIISectionAGrp/PersonNm3MEREDITH TALUSAN
IRS990/Form990PartVIISectionAGrp/PersonNm4DANIELLE MCCONNELL
IRS990/Form990PartVIISectionAGrp/PersonNm5SARA NELSON
IRS990/Form990PartVIISectionAGrp/PersonNm6NICOLE CLIFFE
IRS990/Form990PartVIISectionAGrp/PersonNm7HALIMAH MARCUS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt754179
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER/EXEC. DIR.
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt016078
IRS990/FundraisingDirectExpensesAmt01611
IRS990/FundraisingGrossIncomeAmt01611
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt030000
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0310207
IRS990/GrossSalesOfInventoryAmt024249
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt0568
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt0568
IRS990/IntangibleAssetsGrp/EOYAmt016000
IRS990/InventoriesForSaleOrUseGrp/BOYAmt08900
IRS990/InventoriesForSaleOrUseGrp/EOYAmt04278
IRS990/InvestmentIncomeGrp/ExclusionAmt02
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt040825
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ELECTRIC LITERATURE'S MISSION IS TO AMPLIFY THE POWER OF STORYTELLING WITH DIGITAL INNOVATION, AND TO ENSURE THAT LITERATURE REMAINS A VIBRANT PRESENCE IN POPULAR CULTURE BY SUPPORTING WRITERS, EMBRACING NEW TECHNOLOGIES, AND BUILDING LITERARY COMMUNITY. WE SERVE OUR MISSION BY OPERATING LITERARY WEBSITES, DEVELOPING INNOVATIVE PUBLISHING PROJECTS, AND HOSTING FREE LITERARY EVENTS THAT ARE OPEN TO THE PUBLIC.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt050017
IRS990/NetAssetsOrFundBalancesEOYAmt043401
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt010370
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt010370
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt01424
IRS990/OccupancyGrp/ManagementAndGeneralAmt08000
IRS990/OccupancyGrp/ProgramServicesAmt09390
IRS990/OccupancyGrp/TotalAmt018814
IRS990/OfficeExpensesGrp/FundraisingAmt0210
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01180
IRS990/OfficeExpensesGrp/ProgramServicesAmt01385
IRS990/OfficeExpensesGrp/TotalAmt02775
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01400
IRS990/OtherAssetsTotalGrp/EOYAmt01400
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0248
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01394
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01636
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03278
IRS990/OtherExpensesGrp/Desc0DEVELOPMENT FEES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2COMPUTER AND INTERNET
IRS990/OtherExpensesGrp/Desc3BANK AND MERCHANT PROCESSING FEES
IRS990/OtherExpensesGrp/FundraisingAmt06050
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11543
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31305
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt27830
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt06050
IRS990/OtherExpensesGrp/TotalAmt11543
IRS990/OtherExpensesGrp/TotalAmt27830
IRS990/OtherExpensesGrp/TotalAmt31305
IRS990/OtherRevenueMiscGrp/BusinessCd0561000
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0861
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0861
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt0861
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt021275
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt031912
IRS990/OtherSalariesAndWagesGrp/TotalAmt053187
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0622
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03493
IRS990/PayrollTaxesGrp/ProgramServicesAmt04099
IRS990/PayrollTaxesGrp/TotalAmt08214
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt06600
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01390
IRS990/PrincipalOfficerNm0RUSSELL A HUNTER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0ADVERTISING INCOME
IRS990/ProgramServiceRevenueGrp/Desc1SERVICES INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt052300
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1107500
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt093427
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0162642
IRS990/PYOtherRevenueAmt012476
IRS990/PYProgramServiceRevenueAmt0177801
IRS990/PYRevenuesLessExpensesAmt01042
IRS990/PYSalariesCompEmpBnftPaidAmt0120020
IRS990/PYTotalExpensesAmt0282662
IRS990/PYTotalRevenueAmt0283704
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-6616
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0159800
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt05
IRS990/RoyaltiesGrp/TotalAmt05
IRS990/SavingsAndTempCashInvstGrp/BOYAmt016149
IRS990/SavingsAndTempCashInvstGrp/EOYAmt012258
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: Miscellaneous income 2016: 1261. 2017: 1339. 2018: 861. Description: Special events 2016: 12804. 2017: 3775. 2018: 1611.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0123684
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt093427
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt075954
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt056993
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt014137
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0364195
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt014
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0184049
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0198374
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0197686
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0123106
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0107832
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0811047
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt014
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02472
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt05114
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt014065
IRS990ScheduleA/OtherIncome509Grp/TotalAmt021651
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt0779642
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0131000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0153267
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0111333
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0395600
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0131000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0153267
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0111333
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0395600
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0307733
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0291801
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0273640
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0180099
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0121969
IRS990ScheduleA/Total509Grp/TotalAmt01175242
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01196907
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2018, THE ORGANIZATION DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt016078
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt016078
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt01611
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GENRE BALL
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt017689
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt017689
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt01611
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt01611
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01611
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01611
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0Black Balloon LLC (DBA Catapult)
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0See Part V
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt020000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Promotional sponsorship
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0RUSSELL A. HUNTER IS THE CHIEF EXECUTIVE OFFICER OF BLACK BALLOON LLC (DBA CATAPULT), AN INDEPENDENT BOOK PUBLISHER, AS WELL AS THE CHAIRMAN OF ELECTRIC LIT, INC.'S BOARD OF DIRECTORS. CATAPULT PURCHASED A YEAR-LONG (52 WEEK) SPONSORSHIP OF ELECTRIC LIT, INC.'S SOCIAL MEDIA PROMOTION, E-NEWSLETTER (2 PER MONTH), AND MONTHLY INTERVIEW SERIES. THE TOTAL COST OF THESE SERVICES IS $20,000/YEAR (INVOICED QUARTERLY).
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV Line 1b
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL COMPENSATION OF THE EXECUTIVE DIRECTOR AND/OR KEY EMPLOYEES IS SUBJECT TO APPROVAL BY THE BOARD CHAIRMAN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL COMPENSATION OF THE EXECUTIVE DIRECTOR AND/OR KEY EMPLOYEES IS SUBJECT TO APPROVAL BY THE BOARD CHAIRMAN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVIEWED AND APPROVED BY ALL BOARD MEMEBRS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICERS/DIRECTORS ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt06600
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt059179
IRS990/TotalAssetsEOYAmt059621

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings