Civic Intelligence

Ithaca Underground Inc.

990EZ • Fiscal year 2021 • EIN 46-1437047

Jan 01, 2021 to Dec 31, 2021 • Filed on Dec 19, 2022

PO Box 7128Ithaca, NY 14851

(917) 399-8855

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 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

12th percentile

-69%

Higher net margin than 12% of similar nonprofits.

2021 filings • NTEE A99 • <$500k nonprofits • Source year 2021

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2021 filings • NTEE A99 • <$500k nonprofits • Source year 2021

Asset Growth

9th percentile

-38%

Faster asset growth than 9% of similar nonprofits.

2021 filings • NTEE A99 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

14th percentile

-61%

Faster revenue growth than 14% of similar nonprofits.

2021 filings • NTEE A99 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$4,305

Down $2,601 (-38%) from 2020

Net Assets

Down

$4,305

Down $2,601 (-38%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$3,772

Down $5,952 (-61%) from 2020

Expenses

Down

$6,373

Down $954 (-13%) from 2020

Net Income

Down

-$2,601

Down $4,998 (-209%) from 2020

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

2021

Assets$4,305
Liabilities-
Net Assets$4,305

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

2021

Revenue$3,772
Expenses$6,373
Net Income-$2,601
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Dec 19, 2022
Return Version
2021v4.0
Gross Receipts
$3,772
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.-$6,199
PROVIDED A VENUE FOR PRESENTING NEW AND CHALLENGING MUSIC IN AN ALL-AGES, RADICALLY-INCLUSIVE ENVIRONMENT.-$174
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHEN CRUMRINEInterim Boar-$0--
DIANNE DIETRICHTreasurer-$0--
CHRIS KNIGHTVice Chair-$0--
ASHLEY CAKESecretary-$0--
CHARLES CHATMANBoard Member-$0--
EMMA UNDERWOODBoard Member-$0--
ESME SACCUCCIMORANOBoard Member-$0--
TONY DIVIVOBoard Member-$0--
GEORGE JOHANNBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Ithaca Underground Inc
EIN
46-1437047
Phone
9173998855
Address
PO BOX 7128, ITHACA, NY 14851

Signing Officer

Name
Stephen Crumrine
Title
Interim Board Chair
Phone
5164570184
Signed
2022-12-19
Discuss with paid preparer
Yes

Preparer

Firm
Sprague & Jackson
Address
121 E SENECA ST, ITHACA, NY 14850-4308
Preparer
Angie Jackson Ea
Phone
6072735322
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 81 insurance 966 bank fee 324 books, subscriptions 464 misc. Expense 48 music/art performance 1,909 service fees -300 website hosting 464 non-investment depreciation 174 total 4,130

Form 990-ez, Part II, Line 24

10,358 10,358 less accumulated depreciation 9,819 9,993 total 539 365

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 Appendix169 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/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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 81 INSURANCE 966 BANK FEE 324 BOOKS, SUBSCRIPTIONS 464 MISC. EXPENSE 48 MUSIC/ART PERFORMANCE 1,909 SERVICE FEES -300 WEBSITE HOSTING 464 NON-INVESTMENT DEPRECIATION 174 TOTAL 4,130
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt110,358 10,358 LESS ACCUMULATED DEPRECIATION 9,819 9,993 TOTAL 539 365
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ITHACA 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/ExplanationTxt3PROVIDED 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 III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-12-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANGIE JACKSON EA
ReturnHeader/ReturnTs02022-12-20T15:17:55-05:00
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ReturnHeader/TaxPeriodBeginDt02021-01-01
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