Civic Intelligence

Ithaca Underground Inc.

990EZ • Fiscal year 2024 • EIN 46-1437047

Jan 01, 2024 to Dec 31, 2024 • Filed on Jan 26, 2025

PO Box 7128Ithaca, NY 14851

(516) 457-0184

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 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

63rd percentile

16%

Higher net margin than 63% of similar nonprofits.

2024 filings • NTEE A99 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2024 filings • NTEE A99 • <$500k nonprofits • Source year 2024

Asset Growth

71st percentile

24%

Faster asset growth than 71% of similar nonprofits.

2024 filings • NTEE A99 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

22nd percentile

-37%

Faster revenue growth than 22% of similar nonprofits.

2024 filings • NTEE A99 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$11,449

Up $2,198 (+24%) from 2023

Net Assets

Up

$11,449

Up $2,198 (+24%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$13,733

Down $7,934 (-37%) from 2023

Expenses

Down

$11,535

Down $8,494 (-42%) from 2023

Net Income

Up

$2,198

Up $560 (+34%) from 2023

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

2024

Assets$11,449
Liabilities-
Net Assets$11,449

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

2024

Revenue$13,733
Expenses$11,535
Net Income$2,198
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jan 26, 2025
Return Version
2024v5.0
Gross Receipts
$13,733
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.-$11,462
PROVIDED A VENUE FOR PRESENTING NEW AND CHALLENGING MUSIC IN AN ALL-AGES, RADICALLY-INCLUSIVE ENVIRONMENT.-$73
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DIANNE DIETRICHTreasurer-$0--
ASHLEY CAKESecretary-$0--
PHILIP ADRIANBoard Member-$0--
ASPEN OUELLETBoard Member-$0--
DAKOTA J PACEChair-$0--
ANTHONY M CENIMOBoard Member-$0--
COREY MAHANEYBoard Member-$0--
DEZMOND GARNETTOBoard Member-$0--
MATTE NAMERBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Ithaca Underground Inc
EIN
46-1437047
Phone
5164570184
Address
PO BOX 7128, ITHACA, NY 14851

Signing Officer

Name
Ashley Cake
Title
Secretary
Phone
5164570184
Signed
2025-01-26
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 140 insurance 979 bank fee 35 books, subs, references 409 equipment rental 66 misc. Expenses 252 music/art performance 6,595 rent, parking, utilities 385 small equipment 171 sound and production 75 supplies 177 telephone, telecom 353 website hosting 468 non-investment depreciation 73 total 10,178

Form 990-ez, Part II, Line 24

10,358 10,358 less accumulated depreciation 10,285 10,358 total 73 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 Appendix165 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/OfficerDirectorTrusteeEmplGrp/PersonNm0DIANNE DIETRICH
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8MATTE NAMER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt073
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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 140 INSURANCE 979 BANK FEE 35 BOOKS, SUBS, REFERENCES 409 EQUIPMENT RENTAL 66 MISC. EXPENSES 252 MUSIC/ART PERFORMANCE 6,595 RENT, PARKING, UTILITIES 385 SMALL EQUIPMENT 171 SOUND AND PRODUCTION 75 SUPPLIES 177 TELEPHONE, TELECOM 353 WEBSITE HOSTING 468 NON-INVESTMENT DEPRECIATION 73 TOTAL 10,178
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt110,358 10,358 LESS ACCUMULATED DEPRECIATION 10,285 10,358 TOTAL 73 0
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/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ASHLEY CAKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum05164570184
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ITHACA UNDERGROUND INC
ReturnHeader/Filer/BusinessNameControlTxt0ITHA
ReturnHeader/Filer/EIN0461437047
ReturnHeader/Filer/PhoneNum05164570184
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 7128
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ITHACA
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0148504308
ReturnHeader/PreparerPersonGrp/PhoneNum06072735322
ReturnHeader/PreparerPersonGrp/PreparationDt02025-02-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANGIE JACKSON EA
ReturnHeader/ReturnTs02025-02-13T14:31:02-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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