Civic Intelligence

Our Fabulous Variety Show Inc

EIN 47-3695330 • 501(c)3 • Hampton Bays, NY

Profile

Provide performance and educational opportunities for professionals and young adults as well as providing educational and arts programing in theater, dance, and music in the community.

PO Box 154Hampton Bays, NY 11946

www.ofvs.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

83rd percentile

0.47x

Higher debt load relative to assets than 83% of similar nonprofits.

NTEE A60 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

75th percentile

0.06x

Higher debt load relative to revenue than 75% of similar nonprofits.

NTEE A60 • <$500k nonprofits • Source year 2025

Net Margin

19th percentile

-16%

Higher net margin than 19% of similar nonprofits.

NTEE A60 • <$500k nonprofits • Source year 2025

Top Officer Pay

94th percentile

$33,648

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 16.1% of source-year revenue.

NTEE A60 • <$500k nonprofits • Source year 2025

Asset Growth

13th percentile

-53%

Faster asset growth than 13% of similar nonprofits.

NTEE A60 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

16th percentile

-43%

Faster revenue growth than 16% of similar nonprofits.

NTEE A60 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$25,716

Down $28,722 (-53%) from 2024

Liabilities

Up

$12,005

Up $4,132 (+52%) from 2024

Net Assets

Down

$13,711

Down $32,854 (-71%) from 2024

Revenue

Down

$208,492

Down $156,093 (-43%) from 2024

Expenses

Down

$241,346

Down $143,562 (-37%) from 2024

Net Income

Down

-$32,854

Down $12,531 (-62%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2015: $7,333Liabilities 2015: $02015Assets 2016: $4,613Liabilities 2016: $02016Assets 2017: $581Net Assets 2017: $5812017Assets 2018: $8,426Liabilities 2018: $02018Assets 2019: $7,476Liabilities 2019: $02019Assets 2020: $13,308Liabilities 2020: $02020Assets 2021: $10,475Liabilities 2021: $0Net Assets 2021: $10,4752021Assets 2022: $21,110Liabilities 2022: $0Net Assets 2022: $21,1102022Assets 2023: $49,016Liabilities 2023: $0Net Assets 2023: $49,0162023Assets 2024: $54,438Liabilities 2024: $7,873Net Assets 2024: $46,5652024Assets 2025: $25,716Liabilities 2025: $12,005Net Assets 2025: $13,7112025

Highlighted filing

2025

Assets$25,716
Liabilities$12,005
Net Assets$13,711

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KRevenue 2015: $49,447Expenses 2015: $42,114Net Income 2015: $7,3332015Revenue 2016: $71,950Expenses 2016: $74,670Net Income 2016: -$2,7202016Revenue 2017: $79,122Expenses 2017: $83,154Net Income 2017: -$4,0322017Revenue 2018: $80,369Expenses 2018: $72,524Net Income 2018: $7,8452018Revenue 2019: $101,377Expenses 2019: $102,327Net Income 2019: -$9502019Revenue 2020: $35,729Expenses 2020: $29,897Net Income 2020: $5,8322020Revenue 2021: $82,352Expenses 2021: $85,235Net Income 2021: -$2,8832021Revenue 2022: $150,636Expenses 2022: $140,001Net Income 2022: $10,6352022Revenue 2023: $358,544Expenses 2023: $328,727Net Income 2023: $29,8172023Revenue 2024: $364,585Expenses 2024: $384,908Net Income 2024: -$20,3232024Revenue 2025: $208,492Expenses 2025: $241,346Net Income 2025: -$32,8542025

Highlighted filing

2025

Revenue$208,492
Expenses$241,346
Net Income-$32,854

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Jun 30, 2025
Signed
Nov 13, 2025
Return Version
2024v5.0
Gross Receipts
$208,492
Mission and Program Overview

Mission

Educate Young Performers

Provide performance and educational opportunities for professionals and young adults as well as providing educational and arts programming in theater dance and music in the community

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$23,582$14,698▼ $8,884
Savings and Temporary Cash Investments$29,418$6,500▼ $22,918
Pledges and Grants Receivable$1,438$4,518▲ $3,080
Total Assets$54,438$25,716▼ $28,722
Liabilities
Accounts Payable and Accrued Expenses$3,713$12,005▲ $8,292
Other Liabilities$4,160--
Total Liabilities$7,873$12,005▲ $4,132
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$46,565$13,711▼ $32,854
Total Net Assets Fund Balance$46,565$13,711▼ $32,854
Total Liabilities and Net Assets / Fund Balance$54,438$25,716▼ $28,722
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Katarzyna KlimiukExecutive DiPT$33,648$33,648

Board Members and Trustees

NameTitle
Kathryn MenuPresident
Alessandra GrangeiroBoard Member
Ann StewartBoard Member
Devon LeaverBoard Member
Diane BurkeBoard Member
Erin McginteeBoard Member
Jahaira TiradoBoard Member
Kristen PoulakisBoard Member
Sarah LawBoard Member
Terry BrennanBoard Member
Danny XimoSecretary
Jameson Mcwilliams HaightTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$56,857
Program Service Revenue
$151,634
Investment Income
$1
Other Revenue
$0
All Other Contributions
$56,857
Change in Net Assets
$-32,854
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$144,128
Salaries, Compensation, and Employee Benefits$96,058
Total Fundraising Expense$8,063
Grants and Similar Amounts Paid$1,160
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$46,374$8,184-$54,558
Current Officers, Directors, Trustees, and Key Employees$28,601$5,047-$33,648
Fees for Services Other$16,434$4,109-$20,543
Office Expenses$7,433$6,094-$13,527
Insurance-$11,206-$11,206
All Other Expenses$8,310$2,141-$10,451
Other Expenses$12,137$12,355$8,063$8,063
Payroll Taxes$6,674$1,178-$7,852
Advertising$1,986$496-$2,482
Grants to Domestic Individuals$1,160--$1,160
Total Functional Expenses$182,473$50,810$8,063$241,346
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The board reviews and approves the 990 before it is formally filed with the irs

Form 990, Page 6, Part VI, Line 19

UPON REQUEST ONLY

Filing and Contact Details

Filer

Filer Name
Our Fabulous Variety Show Inc
EIN
47-3695330
Phone
5162974123
Address
PO BOX 154, HAMPTON BAYS, NY 11946

Signing Officer

Name
Katarzyna Klimiuk
Title
Executive Director
Phone
5162974123
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathryn Menu
Formed
2015
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
0
Employees
4
Volunteers
25

Preparer

Firm
JONES LITTLE & CO CPA'S LLP
Address
186 WEST MONTAUK HIGHWAY SUITE D3, HAMPTON BAYS, NY 11946-2347
Preparer
Kathleen Galway CPA
Phone
6317284020
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Ofvs provides performing arts classes in theatre, dance and music throughout the calendar school year between september and june. Classes take place after school and in the evenings on a weekly basis across two semesters. Ofvs has answered the problem of affordable and accessible performing arts programming by providing the lowest priced classes with ample scholarship and discount opportunities with as low a commitment rate as a single class drop in. Growing from 45 students in the fall of 2021 to now over 300 students as of june 2025, this is a service that the east end has been in need of and demand has grown exponentially over the last few years and continues to grow. Classes are available to students from ages 3 to 18 as well as adults. Ofvs also had a dance competition team called "competition crew" that is part of the performing arts program services and provides special pop-up workshops to the community that include movie nights, themed dance workshops and more. Competition crew is an optional year-round dance team offered to all ofvs participants who are motivated to join. There is no audition required, nor ballet requirement, which again challenges the standard model. Participants opt into rigorous training, learn choreography, and attend 2-3 dance competitions on long island. Ofvs crew is a creative youth development group open to all ofvs participants and meets monthly on saturdays. Crew provides year-round students with the opportunity to connect and build community while offering a pre-professional performing arts experience, yearlong projects and culminating celebration each year.

Form 990, Page 2, Part III, Line 4B

During the 6 months ending in june 2025, ofvs produced 3 full scale theatrical productions.in january 2025, ofvs produced the "winter varietal," the culminating showcase for the fall semester performing arts class students in grades k through 5 as well as ofvs crew members. The production was presented at ltv studios. The show consisted of one performance and featured 45 student performers. The performances had over 150 audience members. In may 2025, ofvs produced the "spring varietal," the culminating showcase for the spring semester performing arts class students in grades k through 12 as well as ofvs crew members. The production also highlighted the award-winning ofvs comp crew dance routines. The production was presented at ltv studios. The show consisted of one performance and featured 63 student performers. The performances had over 150 audience members. In may 2025, ofvs presented "tap: a revolution of rhythm" at guild hall. This inter-generational show presented show-stopping dance routines and shared the history of the dancers who paved the way to invent, preserve and revolutionize tap dance as a black american dance art form. It featured 40 performers, professional tap dancers and was free to the public on the day of the performance. In january, march and may 2025, ofvs produced 3 drag bingo events that featured pop-up performances by ofvs drag queens, bingo games and brought attendees together to celebrate inclusivity and community. Each event had over 75 attendees and was sold out in ticket sales.

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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012355
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IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUE
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IRS990/ProgSrvcAccomActy2Grp/Desc0DURING THE 6 MONTHS ENDING IN JUNE 2025, OFVS PRODUCED 3 FULL SCALE THEATRICAL PRODUCTIONS.IN JANUARY 2025, OFVS PRODUCED THE "WINTER VARIETAL," THE CULMINATING SHOWCASE FOR THE FALL SEMESTER PERFORMING ARTS CLASS STUDENTS IN GRADES K THROUGH 5 AS WELL AS OFVS CREW MEMBERS. THE PRODUCTION WAS PRESENTED AT LTV STUDIOS. THE SHOW CONSISTED OF ONE PERFORMANCE AND FEATURED 45 STUDENT PERFORMERS. THE PERFORMANCES HAD OVER 150 AUDIENCE MEMBERS. IN MAY 2025, OFVS PRODUCED THE "SPRING VARIETAL," THE CULMINATING SHOWCASE FOR THE SPRING SEMESTER PERFORMING ARTS CLASS STUDENTS IN GRADES K THROUGH 12 AS WELL AS OFVS CREW MEMBERS. THE PRODUCTION ALSO HIGHLIGHTED THE AWARD-WINNING OFVS COMP CREW DANCE ROUTINES. THE PRODUCTION WAS PRESENTED AT LTV STUDIOS. THE SHOW CONSISTED OF ONE PERFORMANCE AND FEATURED 63 STUDENT PERFORMERS. THE PERFORMANCES HAD OVER 150 AUDIENCE MEMBERS. IN MAY 2025, OFVS PRESENTED "TAP: A REVOLUTION OF RHYTHM" AT GUILD HALL. THIS INTER-GENERATIONAL SHOW PRESENTED SHOW-STOPPING DANCE ROUTINES AND SHARED THE HISTORY OF THE DANCERS WHO PAVED THE WAY TO INVENT, PRESERVE AND REVOLUTIONIZE TAP DANCE AS A BLACK AMERICAN DANCE ART FORM. IT FEATURED 40 PERFORMERS, PROFESSIONAL TAP DANCERS AND WAS FREE TO THE PUBLIC ON THE DAY OF THE PERFORMANCE. IN JANUARY, MARCH AND MAY 2025, OFVS PRODUCED 3 DRAG BINGO EVENTS THAT FEATURED POP-UP PERFORMANCES BY OFVS DRAG QUEENS, BINGO GAMES AND BROUGHT ATTENDEES TOGETHER TO CELEBRATE INCLUSIVITY AND COMMUNITY. EACH EVENT HAD OVER 75 ATTENDEES AND WAS SOLD OUT IN TICKET SALES.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt036656
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IRS990/PYContributionsGrantsAmt096949
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt054640
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt019364
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IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OFVS PROVIDES PERFORMING ARTS CLASSES IN THEATRE, DANCE AND MUSIC THROUGHOUT THE CALENDAR SCHOOL YEAR BETWEEN SEPTEMBER AND JUNE. CLASSES TAKE PLACE AFTER SCHOOL AND IN THE EVENINGS ON A WEEKLY BASIS ACROSS TWO SEMESTERS. OFVS HAS ANSWERED THE PROBLEM OF AFFORDABLE AND ACCESSIBLE PERFORMING ARTS PROGRAMMING BY PROVIDING THE LOWEST PRICED CLASSES WITH AMPLE SCHOLARSHIP AND DISCOUNT OPPORTUNITIES WITH AS LOW A COMMITMENT RATE AS A SINGLE CLASS DROP IN. GROWING FROM 45 STUDENTS IN THE FALL OF 2021 TO NOW OVER 300 STUDENTS AS OF JUNE 2025, THIS IS A SERVICE THAT THE EAST END HAS BEEN IN NEED OF AND DEMAND HAS GROWN EXPONENTIALLY OVER THE LAST FEW YEARS AND CONTINUES TO GROW. CLASSES ARE AVAILABLE TO STUDENTS FROM AGES 3 TO 18 AS WELL AS ADULTS. OFVS ALSO HAD A DANCE COMPETITION TEAM CALLED "COMPETITION CREW" THAT IS PART OF THE PERFORMING ARTS PROGRAM SERVICES AND PROVIDES SPECIAL POP-UP WORKSHOPS TO THE COMMUNITY THAT INCLUDE MOVIE NIGHTS, THEMED DANCE WORKSHOPS AND MORE. COMPETITION CREW IS AN OPTIONAL YEAR-ROUND DANCE TEAM OFFERED TO ALL OFVS PARTICIPANTS WHO ARE MOTIVATED TO JOIN. THERE IS NO AUDITION REQUIRED, NOR BALLET REQUIREMENT, WHICH AGAIN CHALLENGES THE STANDARD MODEL. PARTICIPANTS OPT INTO RIGOROUS TRAINING, LEARN CHOREOGRAPHY, AND ATTEND 2-3 DANCE COMPETITIONS ON LONG ISLAND. OFVS CREW IS A CREATIVE YOUTH DEVELOPMENT GROUP OPEN TO ALL OFVS PARTICIPANTS AND MEETS MONTHLY ON SATURDAYS. CREW PROVIDES YEAR-ROUND STUDENTS WITH THE OPPORTUNITY TO CONNECT AND BUILD COMMUNITY WHILE OFFERING A PRE-PROFESSIONAL PERFORMING ARTS EXPERIENCE, YEARLONG PROJECTS AND CULMINATING CELEBRATION EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DURING THE 6 MONTHS ENDING IN JUNE 2025, OFVS PRODUCED 3 FULL SCALE THEATRICAL PRODUCTIONS.IN JANUARY 2025, OFVS PRODUCED THE "WINTER VARIETAL," THE CULMINATING SHOWCASE FOR THE FALL SEMESTER PERFORMING ARTS CLASS STUDENTS IN GRADES K THROUGH 5 AS WELL AS OFVS CREW MEMBERS. THE PRODUCTION WAS PRESENTED AT LTV STUDIOS. THE SHOW CONSISTED OF ONE PERFORMANCE AND FEATURED 45 STUDENT PERFORMERS. THE PERFORMANCES HAD OVER 150 AUDIENCE MEMBERS. IN MAY 2025, OFVS PRODUCED THE "SPRING VARIETAL," THE CULMINATING SHOWCASE FOR THE SPRING SEMESTER PERFORMING ARTS CLASS STUDENTS IN GRADES K THROUGH 12 AS WELL AS OFVS CREW MEMBERS. THE PRODUCTION ALSO HIGHLIGHTED THE AWARD-WINNING OFVS COMP CREW DANCE ROUTINES. THE PRODUCTION WAS PRESENTED AT LTV STUDIOS. THE SHOW CONSISTED OF ONE PERFORMANCE AND FEATURED 63 STUDENT PERFORMERS. THE PERFORMANCES HAD OVER 150 AUDIENCE MEMBERS. IN MAY 2025, OFVS PRESENTED "TAP: A REVOLUTION OF RHYTHM" AT GUILD HALL. THIS INTER-GENERATIONAL SHOW PRESENTED SHOW-STOPPING DANCE ROUTINES AND SHARED THE HISTORY OF THE DANCERS WHO PAVED THE WAY TO INVENT, PRESERVE AND REVOLUTIONIZE TAP DANCE AS A BLACK AMERICAN DANCE ART FORM. IT FEATURED 40 PERFORMERS, PROFESSIONAL TAP DANCERS AND WAS FREE TO THE PUBLIC ON THE DAY OF THE PERFORMANCE. IN JANUARY, MARCH AND MAY 2025, OFVS PRODUCED 3 DRAG BINGO EVENTS THAT FEATURED POP-UP PERFORMANCES BY OFVS DRAG QUEENS, BINGO GAMES AND BROUGHT ATTENDEES TOGETHER TO CELEBRATE INCLUSIVITY AND COMMUNITY. EACH EVENT HAD OVER 75 ATTENDEES AND WAS SOLD OUT IN TICKET SALES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS AND APPROVES THE 990 BEFORE IT IS FORMALLY FILED WITH THE IRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST ONLY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BusinessOfficerGrp/PersonNm0KATARZYNA KLIMIUK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05162974123
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OUR FABULOUS VARIETY SHOW INC
ReturnHeader/Filer/BusinessNameControlTxt0OURF
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0186 WEST MONTAUK HIGHWAY SUITE D3
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KATHLEEN GALWAY CPA
ReturnHeader/ReturnTs02025-11-24T12:12:53-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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