Liabilities / Assets
76th percentile
Higher debt load relative to assets than 76% of similar nonprofits.
Life Jacket Theatre Company Inc
EIN 47-2473125 • 501(c)3 • New York, NY
Profile
Life jacket theater company uses field interviews and archival research to tell stories about diverse human experiences.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.38x
Liabilities / Revenue
74th percentile
Higher debt load relative to revenue than 74% of similar nonprofits.
Net Margin
36th percentile
Higher net margin than 36% of similar nonprofits.
Top Officer Pay
69th percentile
Higher top officer pay than 69% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
44th percentile
Faster asset growth than 44% of similar nonprofits.
Revenue Growth
72nd percentile
Faster revenue growth than 72% of similar nonprofits.
Balance Sheet
Assets
Down$31,962
Down $2,624 (-7.6%) from 2023
Liabilities
Up$12,264
Up $1,358 (+12%) from 2023
Net Assets
Down$19,698
Down $3,982 (-17%) from 2023
Revenue
Up$148,702
Up $31,130 (+26%) from 2023
Expenses
Up$152,684
Up $32,229 (+27%) from 2023
Net Income
Down-$3,982
Down $1,099 (-38%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $31,962
- Liabilities
- $12,264
- Net assets
- $19,698
- Revenue
- $148,702
- Expenses
- $152,684
- Net income
- -$3,982
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- May 22, 2025
- Return Version
- 2024v5.1
- Gross Receipts
- $148,702
Mission and Program Overview
Mission
Life jacket theater company uses field interviews and archival researwch to tell stories about diverse human experiences.
Life jacket theater company uses field interviews and archival research to tell stories about diverse human experiences.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TICKET SALES RELATED PRODUCTION OF SHOW UTILIZING FIELD INTERVIEWS AND ARCHIVAL RESEARCH | $8,833 | $9,129 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| TRAVIS RUSS | Artistic Director | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Life Jacket Theatre Company Inc
- EIN
- 47-2473125
- Phone
- 2126366354
- Address
- 51 JANE STREET 10, NEW YORK, NY 10014
Signing Officer
- Name
- Travis Russ
- Title
- President
- Phone
- 2126366354
- Signed
- 2025-05-22
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Baharestani & Ritt Llp
- Address
- 148 MADISON AVENUE, NEW YORK, NY 10016
- Preparer
- Martin Baharestani
- Phone
- 2126861400
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8 - Other Revenue
“Description: interest income. Amount: 976.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: actors and performers. Amount: 26,940. Description: production team. Amount: 44,892. Description: graphic design and photographers. Amount: 11,711. Description: professional fees. Amount: 13,226. Description: production expenses. Amount: 3,018. Description: travel and meetings. Amount: 12,332. Description: research and development. Amount: 8,460. Description: marketing. Amount: 3,110. Description: accounting software. Amount: 2,281. Description: office expenses. Amount: 3,032. Description: payroll taxes. Amount: 7,391. Description: fundraising & development. Amount: 80. Description: insurance. Amount: 1,262. Description: design team. Amount: 3,540. Description: pension & health. Amount: 660. Description: bank fees. Amount: 11. Description: program director. Amount: 1,363. Total to form 990-ez, line 16: 143,309.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: credit card payable. Beg. Of year amount: 2,203. End of year amount: 6,438. Description: payroll liabilities. Beg. Of year amount: 3,703. End of year amount: 826. Description: loans. Beg. Of year amount: 5,000. End of year amount: 5,000.”
Raw XML Appendix158 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2126366354 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 51 JANE STREET 10 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | NEW YORK |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10014 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 34586 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 31962 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 138893 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -3982 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 34586 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 31962 |
| IRS990EZ/GrossReceiptsAmt | 0 | 148702 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 23680 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 19698 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 23680 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 19698 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 9375 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | TRAVIS RUSS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | ARTISTIC DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 143309 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 976 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | LIFE JACKET THEATER COMPANY USES FIELD INTERVIEWS AND ARCHIVAL RESEARCH TO TELL STORIES ABOUT DIVERSE HUMAN EXPERIENCES. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 8833 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TICKET SALES RELATED PRODUCTION OF SHOW UTILIZING FIELD INTERVIEWS AND ARCHIVAL RESEARCH |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 8833 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 9129 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 10906 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 12264 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 152684 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 9129 |
| IRS990EZ/TotalRevenueAmt | 0 | 148702 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | HTTP://WWW.LIFEJACKETTHEATRE.ORG/ |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 138893 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 114220 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 116295 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 57300 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 58418 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 485126 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 976 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 2352 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 517 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 3845 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 8833 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 1000 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 5000 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 3400 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 4616 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 22849 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 976 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 2352 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 517 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 3845 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00750 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00580 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99250 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99420 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 507975 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 147726 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 115220 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 121295 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 60700 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 63034 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 507975 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 148702 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 117572 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 121812 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 60700 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 63034 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 511820 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST INCOME. AMOUNT: 976. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: ACTORS AND PERFORMERS. AMOUNT: 26,940. DESCRIPTION: PRODUCTION TEAM. AMOUNT: 44,892. DESCRIPTION: GRAPHIC DESIGN AND PHOTOGRAPHERS. AMOUNT: 11,711. DESCRIPTION: PROFESSIONAL FEES. AMOUNT: 13,226. DESCRIPTION: PRODUCTION EXPENSES. AMOUNT: 3,018. DESCRIPTION: TRAVEL AND MEETINGS. AMOUNT: 12,332. DESCRIPTION: RESEARCH AND DEVELOPMENT. AMOUNT: 8,460. DESCRIPTION: MARKETING. AMOUNT: 3,110. DESCRIPTION: ACCOUNTING SOFTWARE. AMOUNT: 2,281. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 3,032. DESCRIPTION: PAYROLL TAXES. AMOUNT: 7,391. DESCRIPTION: FUNDRAISING & DEVELOPMENT. AMOUNT: 80. DESCRIPTION: INSURANCE. AMOUNT: 1,262. DESCRIPTION: DESIGN TEAM. AMOUNT: 3,540. DESCRIPTION: PENSION & HEALTH. AMOUNT: 660. DESCRIPTION: BANK FEES. AMOUNT: 11. DESCRIPTION: PROGRAM DIRECTOR. AMOUNT: 1,363. TOTAL TO FORM 990-EZ, LINE 16: 143,309. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: CREDIT CARD PAYABLE. BEG. OF YEAR AMOUNT: 2,203. END OF YEAR AMOUNT: 6,438. DESCRIPTION: PAYROLL LIABILITIES. BEG. OF YEAR AMOUNT: 3,703. END OF YEAR AMOUNT: 826. DESCRIPTION: LOANS. BEG. OF YEAR AMOUNT: 5,000. END OF YEAR AMOUNT: 5,000. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TRAVIS RUSS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2126366354 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-22 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LIFE JACKET THEATRE COMPANY INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LIFE |
| ReturnHeader/Filer/EIN | 0 | 472473125 |
| ReturnHeader/Filer/PhoneNum | 0 | 2126366354 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 51 JANE STREET 10 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10014 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 260706457 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BAHARESTANI & RITT LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 148 MADISON AVENUE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 10016 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2126861400 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MARTIN BAHARESTANI |
| ReturnHeader/ReturnTs | 0 | 2025-05-22T13:48:19-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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