Civic Intelligence

Fundamental Theater Project

EIN 80-0783694 • 501(c)3 • Brooklyn, NY

990-N Coverage

Profile

ARTS ORGANIZATION

19 Delevan StBrooklyn, NY 11231

www.fundamentaltheaterproject.com

Siviq Scores

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

Liabilities / Assets

96th percentile

2.50x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

96th percentile

1.38x

Higher debt load relative to revenue than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

14th percentile

-49%

Higher net margin than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

18th percentile

-47%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

68th percentile

14%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$19,985

Down $17,899 (-47%) from 2016

Liabilities

Flat

$50,000

Flat from 2016

Net Assets

Down

-$30,015

Down $17,899 (-148%) from 2016

Revenue

Up

$36,221

Up $4,565 (+14%) from 2016

Expenses

Up

$54,120

Up $26,078 (+93%) from 2016

Net Income

Down

-$17,899

Down $21,513 (-595%) from 2016

Trend Graphs

Balance Sheet Trend

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

$50K$0-$50KAssets 2015: $34,270Liabilities 2015: $50,000Net Assets 2015: -$15,7302015Assets 2016: $37,884Liabilities 2016: $50,000Net Assets 2016: -$12,1162016Assets 2017: $19,985Liabilities 2017: $50,000Net Assets 2017: -$30,0152017

Highlighted filing

2017

Assets$19,985
Liabilities$50,000
Net Assets-$30,015

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2015: $20,552Expenses 2015: $39,855Net Income 2015: -$19,3032015Revenue 2016: $31,656Expenses 2016: $28,042Net Income 2016: $3,6142016Revenue 2017: $36,221Expenses 2017: $54,120Net Income 2017: -$17,8992017

Highlighted filing

2017

Revenue$36,221
Expenses$54,120
Net Income-$17,899

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 8, 2018
Return Version
2017v2.2
Gross Receipts
$36,221
Mission and Program Overview

Mission

ARTS ORGANIZATION

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O-$33,350
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SAM UNDERWOODPresidentPT$0--
ALISON PENTLANDVice PresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Fundamental Theater Project
EIN
80-0783694
Address
19 DELEVAN ST, BROOKLYN, NY 11231

Signing Officer

Name
Sam Underwood
Title
President
Phone
7048062772
Signed
2018-11-08
Discuss with paid preparer
Yes

Preparer

Firm
Egan Tax and Books Ltd
Address
505 8th Ave Ste 600, New York, NY 10018-6560
Preparer
Rebecca N Egan CPA
Phone
2122442720
Supplemental Narrative

Additional Explanations

General explanation attachment

Part iii - program service accomplishments1) produced the peter shaffer memorial at the american airlines theatre on broadway. Guests such as alec baldwin, juliet mills, jane seymour, christine ebersole, john guare, and video tributes from sir ian mckellan, sir derek jacobi, simon callow, daniel radcliffe, and tim curry, among others, memorialized peter and his contribution to both the art world and their own lives. In addition, the acting company of fundamental theater project presented excerpts from sir peters ouvre to a sold out house. At a private reception, we hosted sir peters friends and family and presented the sir peter shaffer award for excellence in playwriting to aisha josiah. Part iii - program service accomplishments continued2) produced dickless, by aisha josiah, at the 59e59 theatre as part of east to edinburgh, in preparation for the edinburgh fringe festival.3) produced dickless, by aisha josiah, at the edinburgh fringe festival. 4) produced losing days, a one-man show by sam underwood, at the edinburgh fringe festival. Part iii - program service accomplishments continued5) produced 7 plays & pints, our informal staged reading salon series, including an adaptation of lysistrata and a night of original short horror plays for halloween. 6) produced raucus caucus: songs of the resistance, a one-night musical event featuring all female performers. All proceeds were donated to planned parenthood nyc.

Description of other expenses Part I line 16

Description amountbank service charges 712transportation 9,351marketing 4,885program expenses 33,350insurance 826

Description of total liabilities Part II line 26

Category beginning of year end of yearloan 50,000 50,000

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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/ExplanationTxt0PART III - PROGRAM SERVICE ACCOMPLISHMENTS1) PRODUCED THE PETER SHAFFER MEMORIAL AT THE AMERICAN AIRLINES THEATRE ON BROADWAY. GUESTS SUCH AS ALEC BALDWIN, JULIET MILLS, JANE SEYMOUR, CHRISTINE EBERSOLE, JOHN GUARE, AND VIDEO TRIBUTES FROM SIR IAN MCKELLAN, SIR DEREK JACOBI, SIMON CALLOW, DANIEL RADCLIFFE, AND TIM CURRY, AMONG OTHERS, MEMORIALIZED PETER AND HIS CONTRIBUTION TO BOTH THE ART WORLD AND THEIR OWN LIVES. IN ADDITION, THE ACTING COMPANY OF FUNDAMENTAL THEATER PROJECT PRESENTED EXCERPTS FROM SIR PETERS OUVRE TO A SOLD OUT HOUSE. AT A PRIVATE RECEPTION, WE HOSTED SIR PETERS FRIENDS AND FAMILY AND PRESENTED THE SIR PETER SHAFFER AWARD FOR EXCELLENCE IN PLAYWRITING TO AISHA JOSIAH. PART III - PROGRAM SERVICE ACCOMPLISHMENTS CONTINUED2) PRODUCED DICKLESS, BY AISHA JOSIAH, AT THE 59E59 THEATRE AS PART OF EAST TO EDINBURGH, IN PREPARATION FOR THE EDINBURGH FRINGE FESTIVAL.3) PRODUCED DICKLESS, BY AISHA JOSIAH, AT THE EDINBURGH FRINGE FESTIVAL. 4) PRODUCED LOSING DAYS, A ONE-MAN SHOW BY SAM UNDERWOOD, AT THE EDINBURGH FRINGE FESTIVAL. PART III - PROGRAM SERVICE ACCOMPLISHMENTS CONTINUED5) PRODUCED 7 PLAYS & PINTS, OUR INFORMAL STAGED READING SALON SERIES, INCLUDING AN ADAPTATION OF LYSISTRATA AND A NIGHT OF ORIGINAL SHORT HORROR PLAYS FOR HALLOWEEN. 6) PRODUCED RAUCUS CAUCUS: SONGS OF THE RESISTANCE, A ONE-NIGHT MUSICAL EVENT FEATURING ALL FEMALE PERFORMERS. ALL PROCEEDS WERE DONATED TO PLANNED PARENTHOOD NYC.
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