Civic Intelligence

New Music Theatre Project Inc.

990EZ • Fiscal year 2020 • EIN 47-1833118

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 23, 2021

Organization Profilewww.live-source.org
138 S Oxford StBrooklyn, NY 11217

(562) 665-8890

Siviq Scores

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

Liabilities / Assets

41st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • NTEE A65 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

39th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • NTEE A65 • <$500k nonprofits • Source year 2020

Net Margin

63rd percentile

13%

Higher net margin than 63% of similar nonprofits.

2020 filings • NTEE A65 • <$500k nonprofits • Source year 2020

Top Officer Pay

78th percentile

$15,972

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 19.0% of source-year revenue.

2020 filings • NTEE A65 • <$500k nonprofits • Source year 2020

Asset Growth

87th percentile

236%

Faster asset growth than 87% of similar nonprofits.

2020 filings • NTEE A65 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

94th percentile

76%

Faster revenue growth than 94% of similar nonprofits.

2020 filings • NTEE A65 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets41st percentile

Assets

Up

$15,768

Up $11,078 (+236%) from 2019

Net Assets

Up

$15,768

Up $11,078 (+236%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue39th percentileNet Margin63rd percentile

Revenue

Up

$84,247

Up $36,283 (+76%) from 2019

Expenses

Up

$73,172

Up $28,229 (+63%) from 2019

Net Income

Up

$11,075

Up $8,054 (+267%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$30K$20K$10K$0Assets 2017: $1,839Liabilities 2017: $0Net Assets 2017: $1,8392017Assets 2018: $1,669Liabilities 2018: $0Net Assets 2018: $1,6692018Assets 2019: $4,690Liabilities 2019: $0Net Assets 2019: $4,6902019Assets 2020: $15,768Liabilities 2020: $0Net Assets 2020: $15,7682020Assets 2021: $21,761Net Assets 2021: $21,7612021Assets 2022: $11,253Liabilities 2022: $0Net Assets 2022: $11,2532022Assets 2023: $12,429Liabilities 2023: $0Net Assets 2023: $12,4292023Assets 2024: $14,032Net Assets 2024: $14,0322024

Highlighted filing

2020

Assets$15,768
Liabilities$0
Net Assets$15,768
Open 2020 Filing

Operations Trend

Revenue Growth94th percentile

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

$100K$50K$0-$50KRevenue 2017: $37,312Expenses 2017: $41,612Net Income 2017: -$4,3002017Revenue 2018: $52,492Expenses 2018: $53,011Net Income 2018: -$5192018Revenue 2019: $47,964Expenses 2019: $44,943Net Income 2019: $3,0212019Revenue 2020: $84,247Expenses 2020: $73,172Net Income 2020: $11,0752020Revenue 2021: $53,796Expenses 2021: $47,803Net Income 2021: $5,9932021Revenue 2022: $43,612Expenses 2022: $54,410Net Income 2022: -$10,7982022Revenue 2023: $24,387Expenses 2023: $23,211Net Income 2023: $1,1762023Revenue 2024: $66,457Expenses 2024: $64,854Net Income 2024: $1,6032024

Highlighted filing

2020

Revenue$84,247
Expenses$73,172
Net Income$11,075
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 23, 2021
Return Version
2020v4.0
Gross Receipts
$84,247
Mission and Program Overview

Mission

Live Source Inc. is organized for the cultural purpose of developing, promoting, and conducting live theatre for audiences in the New York City metro area by producing existing and new plays with an emphasis on technological innovation in production design.

Program Services

DescriptionGrantsExpenses
Live Source Inc. created two film scripts during calendar year 2020 and developed one work-in-progress in the New York City metro area.$30,844$30,844
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tyler MercerBoard MemberPT$15,972-$15,972
Chris DiemanTreasurerPT$11,308-$11,308
Kathryn GiaimoBoard ChairPT$0--
Sarah DunnBoard Vice-ChairPT$0--
Filing and Contact Details

Filer

Filer Name
Live Source Inc
EIN
47-1833118
Phone
5626658890
Address
138 S OXFORD ST, BROOKLYN, NY 11217

Signing Officer

Name
Tyler Mercer
Title
Executive Artistic Director
Phone
5626658890
Signed
2021-02-23
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“$30,844: Program Costs; $305: Marketing Costs; $1,248: Fundraising Costs; $5,516: Operating Costs”

Form 990-EZ, Part I, Line 20

“Deferred expenses”

Raw XML Appendix183 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/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Kathryn Giaimo
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Sarah Dunn
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Chris Dieman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Tyler Mercer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Board Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board Vice-Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt04690
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-4687
IRS990EZ/OtherExpensesTotalAmt037912
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Live Source Inc. is organized for the cultural purpose of developing, promoting, and conducting live theatre for audiences in the New York City metro area by producing existing and new plays with an emphasis on technological innovation in production design.
IRS990EZ/PrintingPublicationsPostageAmt031
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Live Source Inc. created two film scripts during calendar year 2020 and developed one work-in-progress in the New York City metro area.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt030844
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt030844
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt029261
IRS990EZ/SaleOfAssetsGrossAmt0750
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt073172
IRS990EZ/TotalProgramServiceExpensesAmt030844
IRS990EZ/TotalRevenueAmt084247
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.live-source.org
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0No other income in FY20
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III, Line 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt083497
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt043605
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt032516
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt022828
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0182446
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0750
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt06947
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt07139
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt014836
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt06339
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt014395
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt08782
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt029516
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
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IRS990ScheduleA/OtherIncome509Grp/TotalAmt0694
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99695
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0227492
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0$30,844: Program Costs; $305: Marketing Costs; $1,248: Fundraising Costs; $5,516: Operating Costs
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Deferred expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Tyler Mercer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Artistic Director
ReturnHeader/BusinessOfficerGrp/PhoneNum05626658890
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIVE SOURCE INC
ReturnHeader/Filer/BusinessNameControlTxt0LIVE
ReturnHeader/Filer/EIN0471833118
ReturnHeader/Filer/PhoneNum05626658890
ReturnHeader/Filer/USAddress/AddressLine1Txt0138 S OXFORD ST
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011217
ReturnHeader/ReturnTs02021-02-23T09:43:53-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$15,768
Liabilities
$0
Net assets
$15,768
Revenue
$84,247
Expenses
$73,172
Net income
$11,075
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.0$14.0$66.5$64.9$1.60
2023Detailed filing. Detailed filing data is available for this year.$12.4$0.00$12.4$24.4$23.2$1.18
2022Detailed filing. Detailed filing data is available for this year.$11.3$0.00$11.3$43.6$54.4$10.8
2021Detailed filing. Detailed filing data is available for this year.$21.8$21.8$53.8$47.8$5.99
2020Detailed filing. Detailed filing data is available for this year.$15.8$0.00$15.8$84.2$73.2$11.1
2019Detailed filing. Detailed filing data is available for this year.$4.69$0.00$4.69$48.0$44.9$3.02
2018Detailed filing. Detailed filing data is available for this year.$1.67$0.00$1.67$52.5$53.0$0.52
2017Detailed filing. Detailed filing data is available for this year.$1.84$0.00$1.84$37.3$41.6$4.30