Civic Intelligence

Old Sound Room Performance Ensemble Inc

990EZ • Fiscal year 2016 • EIN 46-5716265

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 15, 2017

Organization Profilewww.oldsoundroom.com
41 Varick Ave Suite 214Brooklyn, NY 11237

(865) 567-1006

Siviq Scores

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

Liabilities / Assets

98th percentile

4.01x

Higher debt load relative to assets than 98% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

88th percentile

0.25x

Higher debt load relative to revenue than 88% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

16th percentile

-20%

Higher net margin than 16% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

77th percentile

$4,998

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

19th percentile

-23%

Faster asset growth than 19% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2016

Revenue Growth

86th percentile

49%

Faster revenue growth than 86% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2016

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$3,755

Down $2,505 (-40%) from 2014

Net Assets

-$11,309

No earlier filing loaded for comparison.

Liabilities

Up

$15,064

Up $15,064 from 2014

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin16th percentile

Revenue

Up

$60,942

Up $33,368 (+121%) from 2014

Expenses

Up

$72,845

Up $51,531 (+242%) from 2014

Net Income

Down

-$11,903

Down $18,163 (-290%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

$80K$60K$40K$20K$0-$20KAssets 2014: $6,260Liabilities 2014: $02014Assets 2016: $3,755Liabilities 2016: $15,064Net Assets 2016: -$11,3092016Assets 2018: $64,911Liabilities 2018: $21,619Net Assets 2018: $43,2922018

Highlighted filing

2016

Assets$3,755
Liabilities$15,064
Net Assets-$11,309
Open 2016 Filing

Operations Trend

Revenue Growth86th percentile

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

$100K$50K$0-$50KRevenue 2014: $27,574Expenses 2014: $21,314Net Income 2014: $6,2602014Revenue 2016: $60,942Expenses 2016: $72,845Net Income 2016: -$11,9032016Revenue 2018: $94,258Expenses 2018: $38,380Net Income 2018: $55,8782018

Highlighted filing

2016

Revenue$60,942
Expenses$72,845
Net Income-$11,903
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 15, 2017
Return Version
2016v3.0
Gross Receipts
$60,942
Mission and Program Overview

Mission

Organization produces theatrical plays and musicals

Program Services

DescriptionGrantsExpenses
Organization produced two shows this year. The first production was the world premier of "Origin Story," a one person show about the author's life growing up without his father in the South Bronx and the subsequent early death of his mother as a young adult. This production ran for eight performances in a donated venue in Crown Heights, Brooklyn. Our second production was a world premier of the immersive rock musical " Jib or, the child who went forth to learn what fear was." This production ran for 17 performances over three weeks in the Christ Church Neighborhood House in Philadelphia, PA. We reached a total audience in person and through internet distribution of approximately 4000 people in New York and across the world. Both of these productions fall under our main objective which is to give voice to socially relevant and groundbreaking works of theater.$0$70,603
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laura GragtmansSecretary, ActorPT$3,500$1,498$4,998
Fisher NealPresident And Treasurer, Executive DirectorPT$1,860$845$2,705
Michael McQuilkenBoard Member, Artistic DirectorPT$2,000-$2,000
Clementine SeelyProduction ManagerPT$2,000-$2,000
Adina VersonBoard MemberPT$0--
Fay SimpsonBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Old Sound Room Performance Ensemble Inc
EIN
46-5716265
Phone
8655671006
Address
41 Varick Ave Suite 214, Brooklyn, NY 11237

Signing Officer

Name
Fisher Neal
Title
President and Treasurer
Phone
8655671006
Signed
2017-04-15
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“This was a one time payment for an advertisement in our playbill programs.”

Form 990-EZ, Part I, Line 16

“These expenses include scenic materials, lighting and sound rentals, costume materials, various kinds of insurance, freight costs, office supplies, employee travel, and bank charges.”

Form 990-EZ, Part II, Line 26

“Credit Card Debt”

Raw XML Appendix197 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
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Michael McQuilken
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Fay Simpson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Clementine Seely
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President and Treasurer, Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary, Actor
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member, Artistic Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Production Manager
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
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IRS990EZ/OtherRevenueTotalAmt0250
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Organization produces theatrical plays and musicals
IRS990EZ/PrintingPublicationsPostageAmt02855
IRS990EZ/ProgramServiceRevenueAmt010082
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Organization produced two shows this year. The first production was the world premier of "Origin Story," a one person show about the author's life growing up without his father in the South Bronx and the subsequent early death of his mother as a young adult. This production ran for eight performances in a donated venue in Crown Heights, Brooklyn. Our second production was a world premier of the immersive rock musical " Jib or, the child who went forth to learn what fear was." This production ran for 17 performances over three weeks in the Christ Church Neighborhood House in Philadelphia, PA. We reached a total audience in person and through internet distribution of approximately 4000 people in New York and across the world. Both of these productions fall under our main objective which is to give voice to socially relevant and groundbreaking works of theater.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt070603
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SaleOfAssetsGrossAmt00
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IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.oldsoundroom.com
IRS990ScheduleA/First5Years170Ind0X
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt026430
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt073693
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt073693
IRS990ScheduleA/TotalSupportAmt074819
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt01126
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt05000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt05000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Adina Verson
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Board Member
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt05000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0This was a one time payment for an advertisement in our playbill programs.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1These expenses include scenic materials, lighting and sound rentals, costume materials, various kinds of insurance, freight costs, office supplies, employee travel, and bank charges.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Credit Card Debt
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Fisher Neal
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President and Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum08655671006
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-04-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OLD SOUND ROOM PERFORMANCE ENSEMBLE INC
ReturnHeader/Filer/BusinessNameControlTxt0OLDS
ReturnHeader/Filer/EIN0465716265
ReturnHeader/Filer/PhoneNum08655671006
ReturnHeader/Filer/USAddress/AddressLine1Txt041 Varick Ave Suite 214
ReturnHeader/Filer/USAddress/CityNm0Brooklyn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011237
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt074.102.91.109
ReturnHeader/ReturnTs02017-04-15T13:38:50-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,755
Liabilities
$15,064
Net assets
-$11,309
Revenue
$60,942
Expenses
$72,845
Net income
-$11,903
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$64.9$21.6$43.3$94.3$38.4$55.9
2016Detailed filing. Detailed filing data is available for this year.$3.76$15.1$11.3$60.9$72.8$11.9
2014Summary only. Only limited summary data is available for this year.$6.26$0.00$27.6$21.3$6.26