Civic Intelligence

Electric Lit Inc.

990 • Fiscal year 2020 • EIN 46-1402365

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 08, 2021

Organization ProfileWWW.ELECTRICLITERATURE.COM
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

87th percentile

0.49x

Higher debt load relative to assets than 87% of similar nonprofits.

2020 filings • NTEE S • <$500k nonprofits • Source year 2020

Liabilities / Revenue

64th percentile

0.05x

Higher debt load relative to revenue than 64% of similar nonprofits.

2020 filings • NTEE S • <$500k nonprofits • Source year 2020

Net Margin

33rd percentile

-5.3%

Higher net margin than 33% of similar nonprofits.

2020 filings • NTEE S • <$500k nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$57,607

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 18.0% of source-year revenue.

2020 filings • NTEE S • <$500k nonprofits • Source year 2020

Asset Growth

8th percentile

-43%

Faster asset growth than 8% of similar nonprofits.

2020 filings • NTEE S • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

80th percentile

14%

Faster revenue growth than 80% of similar nonprofits.

2020 filings • NTEE S • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$29,626

Down $22,233 (-43%) from 2019

Net Assets

Down

$14,991

Down $17,136 (-53%) from 2019

Liabilities

Down

$14,635

Down $5,097 (-26%) from 2019

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin33rd percentile

Revenue

Up

$320,464

Up $39,801 (+14%) from 2019

Expenses

Up

$337,600

Up $45,663 (+16%) from 2019

Net Income

Down

-$17,136

Down $5,862 (-52%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

2020

Assets$29,626
Liabilities$14,635
Net Assets$14,991
Open 2020 Filing

Operations Trend

Revenue Growth80th percentile

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

2020

Revenue$320,464
Expenses$337,600
Net Income-$17,136
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 8, 2021
Return Version
2020v4.1
Gross Receipts
$327,430
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
Intangible Assets$20,500$11,833▼ $8,667
Accounts Receivable$17,904$9,250▼ $8,654
Loans From Officers Directors$6,000--
Cash and Non-Interest-Bearing Accounts$10,257$5,191▼ $5,066
Inventories for Sale or Use$1,739$1,488▼ $251
Savings and Temporary Cash Investments$59$1,431▲ $1,372
Total Assets$51,859$29,626▼ $22,233
Other Assets Total$1,400$433▼ $967
Liabilities
Accounts Payable and Accrued Expenses$13,732$14,635▲ $903
Total Liabilities$19,732$14,635▼ $5,097
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$32,127$14,991▼ $17,136
Total Net Assets Fund Balance$32,127$14,991▼ $17,136
Total Liabilities and Net Assets / Fund Balance$51,859$29,626▼ $22,233
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Halimah MarcusTreasurer/exec. DirectorFT$57,607$57,607

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$205,405
Program Service Revenue
$102,045
Investment Income
$0
Other Revenue
$13,014
All Other Contributions
$88,401
Change in Net Assets
$-17,136
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$216,013
Salaries, Compensation, and Employee Benefits$121,587
Total Fundraising Expense$31,889
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$120,200$0$0$120,200
Current Officers, Directors, Trustees, and Key Employees$23,043$25,923$8,641$57,607
Other Salaries and Wages$32,984$21,990$0$54,974
Other Expenses$0$14,120$0$14,120
Occupancy$5,503$4,705$849$11,057
Depreciation Depletion$8,667$0$0$8,667
Payroll Taxes$4,286$3,665$661$8,612
Advertising$5,088$0$0$5,088
Fees for Services Accounting$0$3,800$0$3,800
Travel$1,860$0$0$1,860
Office Expenses$376$322$58$756
Insurance$0$493$0$493
Other Employee Benefits$196$168$30$394
Fees for Services Legal$0$99$0$99
Total Functional Expenses$228,303$77,408$31,889$337,600
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,452
Fundraising Gross Income$1,452
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Genre Ball$16,322$16,322$1,452$14,870
Total Events$16,322$16,322$1,452$14,870
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 VConsulting partnershipNo$56,250
-See Part VPromotional sponsorshipNo$20,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$6,000--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 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
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
2021-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Russell a Hunter
Formed
2014
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
7
Employees
2
Volunteers
27

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.”

Form 990, Part IX, Line 11G

“Software development 21579. 21579. 0. 0.”

Form 990, Part IX, Line 11G

“Editors 64650. 64650. 0. 0.”

Form 990, Part IX, Line 11G

“Writers 33296. 33296. 0. 0.”

Form 990, Part IX, Line 11G

“Graphic design 675. 675. 0. 0.”

Financial Statement Notes

Pt X, Line 2

“The organization has evaluated its current tax positions and has concluded that as of december 31, 2020, the organization does not have any significant uncertain tax positions for which a reserve would be necessary.”

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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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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.
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IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt226100
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt021650
IRS990/OtherExpensesGrp/TotalAmt12123
IRS990/OtherExpensesGrp/TotalAmt226100
IRS990/OtherExpensesGrp/TotalAmt314120
IRS990/OtherRevenueMiscGrp/BusinessCd0561000
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02887
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02887
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt02887
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt021990
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt032984
IRS990/OtherSalariesAndWagesGrp/TotalAmt054974
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0661
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03665
IRS990/PayrollTaxesGrp/ProgramServicesAmt04286
IRS990/PayrollTaxesGrp/TotalAmt08612
IRS990/PoliticalCampaignActyInd0false
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/TotalRevenueColumnAmt045787
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt156258
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0145557
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0175736
IRS990/PYOtherRevenueAmt015129
IRS990/PYProgramServiceRevenueAmt0119977
IRS990/PYRevenuesLessExpensesAmt0-11274
IRS990/PYSalariesCompEmpBnftPaidAmt0116201
IRS990/PYTotalExpensesAmt0291937
IRS990/PYTotalRevenueAmt0280663
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-17136
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0102045
IRS990/SavingsAndTempCashInvstGrp/BOYAmt059
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01431
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt018100
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt018100
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: Miscellaneous income 2016: 1261. 2017: 1339. 2018: 861. 2019: 748. 2020: 2887. Description: Special events 2016: 12804. 2017: 3775. 2018: 1611. 2019: 768. 2020: 1452.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0205405
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0145557
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0123684
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt093427
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt075954
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0644027
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt09
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0117686
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0138975
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0184049
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0198374
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0197686
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0836770
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt09
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt04339
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01516
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt02472
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt05114
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt014065
IRS990ScheduleA/OtherIncome509Grp/TotalAmt027506
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.60060
IRS990ScheduleA/PublicSupportPY509Pct00.62250
IRS990ScheduleA/PublicSupportTotal509Amt0905847
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt084350
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt095000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0131000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0153267
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0111333
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0574950
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt066250
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt095000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0131000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0153267
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0111333
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0556850
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0323091
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0284532
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0307733
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0291801
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0273640
IRS990ScheduleA/Total509Grp/TotalAmt01480797
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01508312
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/ScheduleBRequiredInd0true
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2020, 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/DirectExpenseSummaryEventsAmt01452
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GENRE BALL
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt016322
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt016322
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt016322
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt016322
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt014870
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01452
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01452
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0Black Balloon LLC (DBA Catapult)
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1Grove Atlantic Literary Hub
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0See Part V
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1See Part V
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt020000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt156250
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Promotional sponsorship
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1Consulting partnership

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,626
Liabilities
$14,635
Net assets
$14,991
Revenue
$320,464
Expenses
$337,600
Net income
-$17,136
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.19$0.67$0.48$4.46$4.86$0.41
2023Detailed filing. Detailed filing data is available for this year.$0.58$0.65$0.07$4.78$4.70$0.08
2022Detailed filing. Detailed filing data is available for this year.$0.24$0.39$0.15$4.11$4.14$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.16$0.29$0.13$3.28$3.56$0.28
2020Detailed filing. Detailed filing data is available for this year.$0.30$0.15$0.15$3.20$3.38$0.17
2019Detailed filing. Detailed filing data is available for this year.$0.52$0.20$0.32$2.81$2.92$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.60$0.16$0.43$2.95$3.01$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.59$0.09$0.50$2.84$2.83$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.56$0.07$0.49$2.56$2.52$0.03
2015Summary only. Only limited summary data is available for this year.$0.33$0.00$0.33$1.80$1.83$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.36$1.22$0.90$0.32