Liabilities / Assets
71st percentile
Higher debt load relative to assets than 71% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
71st percentile
Higher debt load relative to assets than 71% of similar nonprofits.
Liabilities / Revenue
66th percentile
Higher debt load relative to revenue than 66% of similar nonprofits.
Net Margin
17th percentile
Higher net margin than 17% of similar nonprofits.
Top Officer Pay
95th percentile
Higher top officer pay than 95% of similar nonprofits.
Top officer pay equals 87.4% of source-year revenue.
Asset Growth
20th percentile
Faster asset growth than 20% of similar nonprofits.
Revenue Growth
12th percentile
Faster revenue growth than 12% of similar nonprofits.
Assets
Down$9,727
Down $5,889 (-38%) from 2016
Net Assets
Down$7,727
Down $7,889 (-51%) from 2016
Liabilities
$2,000
No earlier filing loaded for comparison.
Revenue
Down$57,222
Down $36,460 (-39%) from 2016
Expenses
Down$65,111
Down $12,955 (-17%) from 2016
Net Income
Down-$7,889
Down $23,505 (-151%) from 2016
The organization's primary mission is to create permanent real estate solutions for the indie theatre community by delivering affordable creative space for a diversity of performing artists along with supportive programming, indiespace will help preserve and enhance a vital piece of the cultural lives of new yorkers.
The Organization's primary mission is to create permanent real estate solutions for the indie theatre community.
| Description | Grants | Expenses |
|---|---|---|
| SEE SCHEDULE O. | - | $21,452 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| RANDI BERRY | Vice Chairman | FT | $50,000 | - | $50,000 |
| PAUL LEIBOWITZ | Chairman | - | $0 | - | - |
| EREZ ZIV | Secretary | - | $0 | - | - |
| CHARLIE LEBESS | Board Member | - | $0 | - | - |
| CHIP QUIGLEY | Board Member | - | $0 | - | - |
| JOSEPH AULD | Board Member | - | $0 | - | - |
| PAMELA KUPPER | Board Member | - | $0 | - | - |
| SAMUEL MORALES JR | Board Member | - | $0 | - | - |
“Part III, Line 28 (Program Service Accomplishments): While IndieSpace certainly continued on our space search and made new partnerships and relationships in 2017, we spent much of the year focusing on our advisory and consulting services. We successfully found expanded space for The Tank, a not for profit theater presenting organization that serves over 2,000 indie theater artists per year. Our organization was made aware of a potential space closing (The Abingdon Theater) and we had already been advising The Tank on their potential space move. We put the building owner and The Tank together, we worked on lease terms with them, advised them and helped define certain lease clauses for them, and brought the deal together to a successful lease signing. The Tank doubled their programming space. A theater that was on its way to becoming commercial office space remained a theater. IndieSpace worked on this deal from start to finish free of charge to the arts organization. We've done consulting with several other orgs in 2017 as well. SoHo Playhouse on the potential sale of the building that houses their theater, 3LD on issues they were running into with their city landlord (the MTA), Frigid NY on lease negotiations with their two landlords, Italy Kairos Theater on their search for space, FringeNYC on expanding their programming to the boroughs and the Artist Co-Op on their space search and then lease signing in Hell's Kitchen. We believe we've made a significant impact on these organizations and truly helped them navigate these difficult situations. They had real estate expertise on their side which allowed for a more even playing field at the negotiating table.”
“Advertising and promotion 202.”
“Dues and subscriptions 662.”
“Payroll processing fees 546.”
“Meals and entertainment 280.”
“TRAVEL 102.”
“MISCELLANEOUS 722.”
“Accounts payable and accrued expenses 2000.”
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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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Part III, Line 28 (Program Service Accomplishments): While IndieSpace certainly continued on our space search and made new partnerships and relationships in 2017, we spent much of the year focusing on our advisory and consulting services. We successfully found expanded space for The Tank, a not for profit theater presenting organization that serves over 2,000 indie theater artists per year. Our organization was made aware of a potential space closing (The Abingdon Theater) and we had already been advising The Tank on their potential space move. We put the building owner and The Tank together, we worked on lease terms with them, advised them and helped define certain lease clauses for them, and brought the deal together to a successful lease signing. The Tank doubled their programming space. A theater that was on its way to becoming commercial office space remained a theater. IndieSpace worked on this deal from start to finish free of charge to the arts organization. We've done consulting with several other orgs in 2017 as well. SoHo Playhouse on the potential sale of the building that houses their theater, 3LD on issues they were running into with their city landlord (the MTA), Frigid NY on lease negotiations with their two landlords, Italy Kairos Theater on their search for space, FringeNYC on expanding their programming to the boroughs and the Artist Co-Op on their space search and then lease signing in Hell's Kitchen. We believe we've made a significant impact on these organizations and truly helped them navigate these difficult situations. They had real estate expertise on their side which allowed for a more even playing field at the negotiating table. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ADVERTISING AND PROMOTION 202. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DUES AND SUBSCRIPTIONS 662. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | PAYROLL PROCESSING FEES 546. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | MEALS AND ENTERTAINMENT 280. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | TRAVEL 102. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | MISCELLANEOUS 722. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2000. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990EZ, Part II, Line 26 |
| ReturnHeader/BuildTS | 0 | 2018-06-14 16:35:46Z |
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| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 07:06:53 |
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| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2018-05-02 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JONATHAN A BANDER |
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| ReturnHeader/ReturnTs | 0 | 2018-05-02T07:07:43-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-12-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.