Civic Intelligence

New Music Theatre Project Inc.

990EZ • Fiscal year 2021 • EIN 47-1833118

Jan 01, 2021 to Dec 31, 2021 • Filed on May 18, 2022

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

(401) 575-7289

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

51st percentile

11%

Higher net margin than 51% of similar nonprofits.

2021 filings • NTEE A65 • <$500k nonprofits • Source year 2021

Top Officer Pay

82nd percentile

$24,557

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 45.6% of source-year revenue.

2021 filings • NTEE A65 • <$500k nonprofits • Source year 2021

Asset Growth

62nd percentile

38%

Faster asset growth than 62% of similar nonprofits.

2021 filings • NTEE A65 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

22nd percentile

-36%

Faster revenue growth than 22% of similar nonprofits.

2021 filings • NTEE A65 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$21,761

Up $5,993 (+38%) from 2020

Net Assets

Up

$21,761

Up $5,993 (+38%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin51st percentile

Revenue

Down

$53,796

Down $30,451 (-36%) from 2020

Expenses

Down

$47,803

Down $25,369 (-35%) from 2020

Net Income

Down

$5,993

Down $5,082 (-46%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth62nd 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

2021

Assets$21,761
Liabilities-
Net Assets$21,761
Open 2021 Filing

Operations Trend

Revenue Growth22nd 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

2021

Revenue$53,796
Expenses$47,803
Net Income$5,993
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 18, 2022
Return Version
2021v4.1
Gross Receipts
$53,796
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
In 2021 The organization presented a play in a publicpark free of charge, as well as it began to develop a new play$0$12,544
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chris DiemanPresidentPT$24,557-$24,557
Kathryn GiaimoBoard Chair-$0--
Guy LawrenceTreasurer-$0--
Joan FisherSecretary-$0--
Hallie HadaraOfficer-$0--
Filing and Contact Details

Filer

Filer Name
New Music Theatre Project Inc
EIN
47-1833118
Phone
4015757289
Address
138 S Oxford Street, Brooklyn, NY 11217

Signing Officer

Name
Chris Dieman
Title
President
Phone
4015757289
Signed
2022-05-18
Discuss with paid preparer
Yes

Preparer

Firm
Richards Accounting & Financial Services
Address
829 NOSTRAND AVENUE, BROOKLYN, NY 11225
Preparer
Genroy A Richards
Phone
7182211282
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

“Other 8.”

Form 990EZ, Part I, Line 16

“Software 377.”

Form 990EZ, Part I, Line 16

“Bank charges 57.”

Form 990EZ, Part I, Line 16

“Marketing 358.”

Form 990EZ, Part I, Line 16

“Administrative costs 50.”

Form 990EZ, Part I, Line 16

“Equipment & Supplies 198.”

Form 990EZ, Part I, Line 16

“Insurance 2267.”

Form 990EZ, Part I, Line 16

“Payroll Service Fees 530.”

Form 990EZ, Part I, Line 16

“Location Fees 215.”

Form 990EZ, Part I, Line 16

“Staff Reimbursement 657.”

Form 990EZ, Part I, Line 16

“Sound 500.”

Form 990EZ, Part I, Line 16

“Other 0.”

Raw XML Appendix188 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/CashSavingsAndInvestmentsGrp/BOYAmt015768
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Kathryn Giaimo
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Guy Lawrence
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Joan Fisher
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Hallie Hadara
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Chris Dieman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Board Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Officer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt043
IRS990EZ/OtherExpensesTotalAmt05209
IRS990EZ/OtherRevenueTotalAmt08
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0In 2021 The organization presented a play in a publicpark free of charge, as well as it began to develop a new play
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt012544
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt038847
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt047803
IRS990EZ/TotalProgramServiceExpensesAmt012544
IRS990EZ/TotalRevenueAmt053796
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.live-source.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt053788
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt053788
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
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IRS990ScheduleA/PublicSupportTotal170Amt053788
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt053788
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt053788
IRS990ScheduleA/TotalSupportAmt053788
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Other 8.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Software 377.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bank charges 57.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Marketing 358.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Administrative costs 50.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Equipment & Supplies 198.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Insurance 2267.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Payroll Service Fees 530.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Location Fees 215.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Staff Reimbursement 657.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Sound 500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Other 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Chris Dieman
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum04015757289
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0New Music Theatre Project Inc
ReturnHeader/Filer/BusinessNameControlTxt0NEWM
ReturnHeader/Filer/EIN0471833118
ReturnHeader/Filer/PhoneNum04015757289
ReturnHeader/Filer/USAddress/AddressLine1Txt0138 S Oxford Street
ReturnHeader/Filer/USAddress/CityNm0Brooklyn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011217
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0383729679
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RICHARDS ACCOUNTING & FINANCIAL SERVICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0829 NOSTRAND AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BROOKLYN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011225
ReturnHeader/PreparerPersonGrp/PhoneNum07182211282
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Genroy A Richards
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-05-25T07:42:35-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Chris
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Dieman
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,761
Liabilities
-
Net assets
$21,761
Revenue
$53,796
Expenses
$47,803
Net income
$5,993
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