Civic Intelligence

Ithaca Underground Inc.

990EZ • Fiscal year 2015 • EIN 46-1437047

Jan 01, 2015 to Dec 31, 2015 • Filed on May 06, 2016

CO Stephen M Crumrine 505 Cliff StIthaca, NY 14850

(607) 592-6204

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2015

Net Margin

75th percentile

17%

Higher net margin than 75% of similar nonprofits.

2015 filings • NTEE A • <$500k nonprofits • Source year 2015

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2015 filings • NTEE A • <$500k nonprofits • Source year 2015

Asset Growth

96th percentile

326%

Faster asset growth than 96% of similar nonprofits.

2015 filings • NTEE A • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

91st percentile

94%

Faster revenue growth than 91% of similar nonprofits.

2015 filings • NTEE A • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$10,539

Up $8,066 (+326%) from 2014

Net Assets

Up

$10,539

Up $8,066 (+326%) from 2014

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$47,922

Up $23,282 (+94%) from 2014

Expenses

Up

$39,856

Up $17,808 (+81%) from 2014

Net Income

Up

$8,066

Up $5,474 (+211%) from 2014

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2013: $456Liabilities 2013: $5752013Assets 2014: $2,473Net Assets 2014: $2,4732014Assets 2015: $10,539Net Assets 2015: $10,5392015Assets 2016: $13,426Liabilities 2016: $720Net Assets 2016: $12,7062016Assets 2017: $26,635Liabilities 2017: $1,493Net Assets 2017: $25,1422017Assets 2018: $15,828Net Assets 2018: $15,8282018Assets 2019: $4,509Net Assets 2019: $4,5092019Assets 2020: $6,906Net Assets 2020: $6,9062020Assets 2021: $4,305Net Assets 2021: $4,3052021Assets 2022: $7,613Net Assets 2022: $7,6132022Assets 2023: $9,251Net Assets 2023: $9,2512023Assets 2024: $11,449Net Assets 2024: $11,4492024Assets 2025: $12,059Net Assets 2025: $12,0592025

Highlighted filing

2015

Assets$10,539
Liabilities-
Net Assets$10,539

Operations Trend

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

$100K$50K$0-$50KRevenue 2013: $8,798Expenses 2013: $8,597Net Income 2013: $2012013Revenue 2014: $24,640Expenses 2014: $22,048Net Income 2014: $2,5922014Revenue 2015: $47,922Expenses 2015: $39,856Net Income 2015: $8,0662015Revenue 2016: $71,374Expenses 2016: $69,207Net Income 2016: $2,1672016Revenue 2017: $67,667Expenses 2017: $55,231Net Income 2017: $12,4362017Revenue 2018: $53,857Expenses 2018: $63,172Net Income 2018: -$9,3152018Revenue 2019: $31,532Expenses 2019: $42,851Net Income 2019: -$11,3192019Revenue 2020: $9,724Expenses 2020: $7,327Net Income 2020: $2,3972020Revenue 2021: $3,772Expenses 2021: $6,373Net Income 2021: -$2,6012021Revenue 2022: $14,396Expenses 2022: $11,088Net Income 2022: $3,3082022Revenue 2023: $21,667Expenses 2023: $20,029Net Income 2023: $1,6382023Revenue 2024: $13,733Expenses 2024: $11,535Net Income 2024: $2,1982024Revenue 2025: $20,444Expenses 2025: $19,835Net Income 2025: $6092025

Highlighted filing

2015

Revenue$47,922
Expenses$39,856
Net Income$8,066
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 6, 2016
Return Version
2015v2.1
Gross Receipts
$47,922
Mission and Program Overview

Mission

Ithaca underground inc. Is organized exclusively for charitable,community- building and educational purposes, more specifically to provide the people of ithaca and the surrounding communities with an all-ages, radically- inclusive environment for their do-it-yourself ambitions, ensuring that new and challenging music and art is available to all.

Program Services

DescriptionGrantsExpenses
PROVIDED A VENUE FOR PRESENTING NEW AND CHALLENGING MUSIC IN AN ALL-AGES, RADICALLY-INCLUSIVE ENVIRONMENT.-$39,856
PROVIDED A VENUE FOR PRESENTING NEW AND CHALLENGING MUSIC IN AN ALL-AGES, RADICALLY-INCLUSIVE ENVIRONMENT.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHEN CRUMRINEPres-$0--
GEORGE JOHNSONVP-$0--
ERIC LAINETreas-$0--
RYAN CLOVER-OWENSSecy-$0--
Filing and Contact Details

Filer

Filer Name
Ithaca Underground Inc
EIN
46-1437047
Phone
6075926204
Address
CO STEPHEN M CRUMRINE 505 CLIFF ST, ITHACA, NY 14850

Signing Officer

Name
Eric Laine
Title
Treas
Signed
2016-05-06
Discuss with paid preparer
Yes

Preparer

Firm
Sprague & Janowsky Accountants
Address
121 E SENECA ST, ITHACA, NY 14850-4308
Preparer
Jeffrey J Janowsky Ea
Phone
6072735322
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 3,968 bank fee 50 books & subscriptions 24 contract service: other 80 design services 900 donations 610 equipment rental 325 musicians 27,638 sound/production support 1,587 supplies 1,008 inventory purchases 737 non-investment depreciation 419 total 37,346

Form 990-ez, Part II, Line 24

702 2,237 less accumulated depreciation 421 840 total 281 1,397

Form 990-ez, Part II, Line 26

LOANS 0 0

Form 990-ez, Part III

Ithaca underground inc. Is organized exclusively for charitable,community- building and educational purposes, more specifically to provide the people of ithaca and the surrounding communities with an all-ages, radically- inclusive environment for their do-it-yourself ambitions, ensuring that new and challenging music and art is available to all.

Form 990-ez, Part III, Line 31

Provided a venue for presenting new and challenging music in an all-ages, radically-inclusive environment.

Raw XML Appendix138 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.

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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0ITHACA UNDERGROUND INC. IS ORGANIZED EXCLUSIVELY FOR CHARITABLE,COMMUNITY- BUILDING AND EDUCATIONAL PURPOSES, MORE SPECIFICALLY TO PROVIDE THE PEOPLE OF ITHACA AND THE SURROUNDING COMMUNITIES WITH AN ALL-AGES, RADICALLY- INCLUSIVE ENVIRONMENT FOR THEIR DO-IT-YOURSELF AMBITIONS, ENSURING THAT NEW AND CHALLENGING MUSIC AND ART IS AVAILABLE TO ALL.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROVIDED A VENUE FOR PRESENTING NEW AND CHALLENGING MUSIC IN AN ALL-AGES, RADICALLY-INCLUSIVE ENVIRONMENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt039856
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 3,968 BANK FEE 50 BOOKS & SUBSCRIPTIONS 24 CONTRACT SERVICE: OTHER 80 DESIGN SERVICES 900 DONATIONS 610 EQUIPMENT RENTAL 325 MUSICIANS 27,638 SOUND/PRODUCTION SUPPORT 1,587 SUPPLIES 1,008 INVENTORY PURCHASES 737 NON-INVESTMENT DEPRECIATION 419 TOTAL 37,346
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1702 2,237 LESS ACCUMULATED DEPRECIATION 421 840 TOTAL 281 1,397
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LOANS 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ITHACA UNDERGROUND INC. IS ORGANIZED EXCLUSIVELY FOR CHARITABLE,COMMUNITY- BUILDING AND EDUCATIONAL PURPOSES, MORE SPECIFICALLY TO PROVIDE THE PEOPLE OF ITHACA AND THE SURROUNDING COMMUNITIES WITH AN ALL-AGES, RADICALLY- INCLUSIVE ENVIRONMENT FOR THEIR DO-IT-YOURSELF AMBITIONS, ENSURING THAT NEW AND CHALLENGING MUSIC AND ART IS AVAILABLE TO ALL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROVIDED A VENUE FOR PRESENTING NEW AND CHALLENGING MUSIC IN AN ALL-AGES, RADICALLY-INCLUSIVE ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02016-09-27 15:27:22Z
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ReturnHeader/Filer/EIN0461437047
ReturnHeader/Filer/PhoneNum06075926204
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY J JANOWSKY EA
ReturnHeader/ReturnTs02016-05-09T13:55:49-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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Filings