Civic Intelligence

Bedlam Inc.

990 • Fiscal year 2015 • EIN 80-0784887

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 08, 2016

1650 Broadway No 700New York, NY 10019

(212) 367-7106

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

93rd percentile

0.10x

Higher debt load relative to assets than 93% of similar nonprofits.

2015 filings • NTEE T • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

84th percentile

0.02x

Higher debt load relative to revenue than 84% of similar nonprofits.

2015 filings • NTEE T • $500k-$1M nonprofits • Source year 2015

Net Margin

55th percentile

9.2%

Higher net margin than 55% of similar nonprofits.

2015 filings • NTEE T • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

93rd percentile

$44,209

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 6.9% of source-year revenue.

2015 filings • NTEE T • $500k-$1M nonprofits • Source year 2015

Asset Growth

95th percentile

181%

Faster asset growth than 95% of similar nonprofits.

2015 filings • NTEE T • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

92nd percentile

240%

Faster revenue growth than 92% of similar nonprofits.

2015 filings • NTEE T • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$108,866

Up $70,083 (+181%) from 2014

Net Assets

$97,802

No earlier filing loaded for comparison.

Liabilities

Up

$11,064

Up $11,064 from 2014

Revenue

Up

$640,074

Up $451,744 (+240%) from 2014

Expenses

Up

$581,055

Up $415,374 (+251%) from 2014

Net Income

Up

$59,019

Up $36,370 (+161%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0-$200KAssets 2014: $38,783Liabilities 2014: $02014Assets 2015: $108,866Liabilities 2015: $11,064Net Assets 2015: $97,8022015Assets 2016: $550,650Liabilities 2016: $6,046Net Assets 2016: $544,6042016Assets 2017: $435,704Liabilities 2017: $4,708Net Assets 2017: $430,9962017Assets 2018: $329,534Liabilities 2018: $5,873Net Assets 2018: $323,6612018Assets 2019: $366,323Liabilities 2019: $32,409Net Assets 2019: $333,9142019Assets 2020: $537,109Liabilities 2020: $86,834Net Assets 2020: $450,2752020Assets 2021: $539,327Liabilities 2021: $8,595Net Assets 2021: $530,7322021Assets 2022: $341,986Liabilities 2022: $18,522Net Assets 2022: $323,4642022Assets 2023: $271,858Liabilities 2023: $31,082Net Assets 2023: $240,7762023Assets 2024: $259,022Liabilities 2024: $319,886Net Assets 2024: -$60,8642024

Highlighted filing

2015

Assets$108,866
Liabilities$11,064
Net Assets$97,802

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $188,330Expenses 2014: $165,681Net Income 2014: $22,6492014Revenue 2015: $640,074Expenses 2015: $581,055Net Income 2015: $59,0192015Revenue 2016: $2,420,324Expenses 2016: $1,973,522Net Income 2016: $446,8022016Revenue 2017: $676,946Expenses 2017: $790,554Net Income 2017: -$113,6082017Revenue 2018: $851,819Expenses 2018: $959,154Net Income 2018: -$107,3352018Revenue 2019: $707,464Expenses 2019: $697,211Net Income 2019: $10,2532019Revenue 2020: $480,045Expenses 2020: $363,684Net Income 2020: $116,3612020Revenue 2021: $1,195,727Expenses 2021: $1,114,035Net Income 2021: $81,6922021Revenue 2022: $609,434Expenses 2022: $816,322Net Income 2022: -$206,8882022Revenue 2023: $1,080,317Expenses 2023: $1,162,915Net Income 2023: -$82,5982023Revenue 2024: $1,325,060Expenses 2024: $1,666,700Net Income 2024: -$341,6402024

Highlighted filing

2015

Revenue$640,074
Expenses$581,055
Net Income$59,019
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 8, 2016
Return Version
2015v2.1
Gross Receipts
$646,243
Mission and Program Overview

Mission

Committed to the immediacy of the relationship between the actor and the audience, Bedlam creates works of theatre that reinvigorate traditional forms in a flexible, raw space, collapsing aesthetic distance and bringing its viewers into direct contact with the dangers and delicacies of life. In this new, fresh, active environment storytelling becomes paramount and the result is a kinetic experience of shared empathy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$38,783$37,748▼ $1,035
Savings and Temporary Cash Investments-$30,649-
Total Assets$38,783$108,866▲ $70,083
Other Assets Total$0$40,469▲ $40,469
Liabilities
Accounts Payable and Accrued Expenses-$11,064-
Total Liabilities$0$11,064▲ $11,064
Net Assets / Fund Balance
Unrestricted Net Assets$38,783$97,802▲ $59,019
Total Net Assets Fund Balance$38,783$97,802▲ $59,019
Total Liabilities and Net Assets / Fund Balance$38,783$108,866▲ $70,083

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$40,469--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Eric TuckerPresident$44,209$44,209
Andrus NicholsDirector$19,213$19,213
Alan AltschulerTreasurer$1,842$1,842

Board Members and Trustees

NameTitle
Martin SchneiderChairperson
Tina PackerVice Chairperson
Claudia PerlesDirector
Kathryn KellerDirector
Melissa HirschDirector
Amy GreerSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$478,869
Program Service Revenue
$150,403
Investment Income
$31
Other Revenue
$10,771
All Other Contributions
$478,869
Change in Net Assets
$59,019

Audited Revenue Reconciliation

Revenue per Audited Statements
$640,074
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$640,074
Total Revenue per Form 990
$640,074
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$303,794
Salaries, Compensation, and Employee Benefits$277,261
Total Fundraising Expense$12,704
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$119,471-$11,002$130,473
Occupancy$102,419--$102,419
Fees for Services Management$45,773$25,500-$71,273
Current Officers, Directors, Trustees, and Key Employees$65,264--$65,264
Other Employee Benefits$53,419--$53,419
Advertising$31,140--$31,140
Payroll Taxes$19,068-$1,235$20,303
All Other Expenses$15,127$3,754$467$19,348
Office Expenses-$17,890-$17,890
Pension Plan Contributions$7,802--$7,802
Other Expenses$7,188$1,022-$7,188
Royalties$2,810--$2,810
Fees for Services Legal-$1,500-$1,500
Total Functional Expenses$518,685$49,666$12,704$581,055

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$581,055
Total Expenses per Audited Statements$581,055
Total Expenses per Form 990$581,055
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$11,150
Fundraising Direct Expenses$2,855
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
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section B, line 11

The board was provided a copy of the form 990 by management prior to the submission of the form form to the government. Management reviews the form 990 and related schedules and discusses the matters diclosed with members of the board.

Form 990, Part VI, Section B, line 12

signed annual statements are required from all board members related to conflicts of interest.

Form 990, Part VI, Section B, line 15

Compensation to board members for services rendered as actors and other theater professionals is covered by the terms of collective bargaining agreements or are are prevailing rate for the type of service rendered to organizations similar to the size and complexity of Bedlam, Inc.

Form 990, Part VI, Section C, line 19

Governing documents of Bedlam, Inc. are available upon request of the Organization's management.

Filing and Contact Details

Filer

Filer Name
Bedlam Inc
EIN
80-0784887
Phone
2123677106
Address
1650 Broadway No 700, New York, NY 10019

Signing Officer

Name
Eric Tucker
Title
President
Phone
2123677106
Signed
2016-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Tucker
Formed
2012
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
6
Employees
55
Volunteers
0

Preparer

Firm
Schulman Lobel ET AL LLP
Address
1001 Avenue of the Americas, New York, NY 10018
Preparer
Michael E Williams
Phone
2128685781
Supplemental Narrative

Additional Explanations

Form 990, Part XII, line 2C

The board and management review the audited financial statements.

Financial Statement Notes

Part X, Line 2:

The Organization is exempt from federal income taxes under Section 501 (c) (3) of the Internal Revenue Code. The Organization qualifies for the charitable contribution deduction under Section 170(b)(1)(A) and has been classified as an organization other than a private foundation under Section 509(a)(2). The Organization may be subject to excise taxes if it engages in certain activities not directly related to the Organizations tax-exempt purpose. For the year ended December 31, 2015, the Organization has not engaged in any activity that may be subject to an excise tax and has no plan to do such. The Organization records a liability for uncertain tax positions when it is probable that a loss has been incurred and the amount can be reasonably estimated. The Organization continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. The federal and state tax returns for the years ended December 31, 2012, 2013, 2014 and 2015 are subject to examination by the taxing agencies. The Organization classifies income and excise tax assessments, if any, for interest in interest expense and for penalties as a component of operating expenses. As of December 31, 2015, management has determined that there are no significant uncertain tax positions requiring recognition in the Organization's financial statements.

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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from federal income taxes under Section 501 (c) (3) of the Internal Revenue Code. The Organization qualifies for the charitable contribution deduction under Section 170(b)(1)(A) and has been classified as an organization other than a private foundation under Section 509(a)(2). The Organization may be subject to excise taxes if it engages in certain activities not directly related to the Organizations tax-exempt purpose. For the year ended December 31, 2015, the Organization has not engaged in any activity that may be subject to an excise tax and has no plan to do such. The Organization records a liability for uncertain tax positions when it is probable that a loss has been incurred and the amount can be reasonably estimated. The Organization continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. The federal and state tax returns for the years ended December 31, 2012, 2013, 2014 and 2015 are subject to examination by the taxing agencies. The Organization classifies income and excise tax assessments, if any, for interest in interest expense and for penalties as a component of operating expenses. As of December 31, 2015, management has determined that there are no significant uncertain tax positions requiring recognition in the Organization's financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board was provided a copy of the form 990 by management prior to the submission of the form form to the government. Management reviews the form 990 and related schedules and discusses the matters diclosed with members of the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1signed annual statements are required from all board members related to conflicts of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation to board members for services rendered as actors and other theater professionals is covered by the terms of collective bargaining agreements or are are prevailing rate for the type of service rendered to organizations similar to the size and complexity of Bedlam, Inc.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Governing documents of Bedlam, Inc. are available upon request of the Organization's management.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The board and management review the audited financial statements.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XII, line 2c
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IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt038783
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01650 Broadway No 700
IRS990/USAddress/CityNm0New York
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010019
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0www.theatrebedlam.org
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Eric Tucker
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02123677106
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Bedlam Inc
ReturnHeader/Filer/BusinessNameControlTxt0BEDL

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