Civic Intelligence

Notch Theatre Company

EIN 82-1888466 • 501(c)3 • New York, NY

Pub. 78 Eligible990-N CoverageNTEE A65

Profile

To create community responsive theatre to drive change around the pressing social and health realted issues of our time, offering countless communities

PO Box 1144New York, NY 10029

www.notchtheatre.org

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.04x

Higher debt load relative to assets than 62% of similar nonprofits.

NTEE A65 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

64th percentile

0.03x

Higher debt load relative to revenue than 64% of similar nonprofits.

NTEE A65 • <$500k nonprofits • Source year 2024

Net Margin

27th percentile

-8.9%

Higher net margin than 27% of similar nonprofits.

NTEE A65 • <$500k nonprofits • Source year 2024

Top Officer Pay

96th percentile

$50,000

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 20.4% of source-year revenue.

NTEE A65 • <$500k nonprofits • Source year 2024

Asset Growth

42nd percentile

-9.5%

Faster asset growth than 42% of similar nonprofits.

NTEE A65 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

35th percentile

-16%

Faster revenue growth than 35% of similar nonprofits.

NTEE A65 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$196,307

Down $20,545 (-9.5%) from 2023

Liabilities

Up

$7,360

Up $1,203 (+20%) from 2023

Net Assets

Down

$188,947

Down $21,748 (-10%) from 2023

Revenue

Down

$245,219

Down $46,892 (-16%) from 2023

Expenses

Down

$266,967

Down $55,783 (-17%) from 2023

Net Income

Up

-$21,748

Up $8,891 (+29%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2018: $76,471Liabilities 2018: $0Net Assets 2018: $76,4712018Assets 2019: $69,569Liabilities 2019: $0Net Assets 2019: $69,5692019Assets 2020: $100,484Liabilities 2020: $0Net Assets 2020: $100,4842020Assets 2021: $186,386Liabilities 2021: $0Net Assets 2021: $186,3862021Assets 2022: $250,531Liabilities 2022: $9,197Net Assets 2022: $241,3342022Assets 2023: $216,852Liabilities 2023: $6,157Net Assets 2023: $210,6952023Assets 2024: $196,307Liabilities 2024: $7,360Net Assets 2024: $188,9472024

Highlighted filing

2024

Assets$196,307
Liabilities$7,360
Net Assets$188,947

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2018: $118,382Expenses 2018: $44,242Net Income 2018: $74,1402018Revenue 2019: $142,764Expenses 2019: $149,666Net Income 2019: -$6,9022019Revenue 2020: $178,623Expenses 2020: $147,708Net Income 2020: $30,9152020Revenue 2021: $249,720Expenses 2021: $163,818Net Income 2021: $85,9022021Revenue 2022: $317,099Expenses 2022: $262,151Net Income 2022: $54,9482022Revenue 2023: $292,111Expenses 2023: $322,750Net Income 2023: -$30,6392023Revenue 2024: $245,219Expenses 2024: $266,967Net Income 2024: -$21,7482024

Highlighted filing

2024

Revenue$245,219
Expenses$266,967
Net Income-$21,748

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 3, 2025
Return Version
2024v5.2
Gross Receipts
$245,219
Mission and Program Overview

Mission

To create community responsive theatre to drive change around the pressing social and health realted issues of our time, offering countless communities

Notch theatre creates community-responsive cultural work to drive change around the pressing issues of our time, offering communities nationwide a platform to tell their stories and be their own change makers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$183,241$142,620▼ $40,621
Cash and Non-Interest-Bearing Accounts$29,090$50,845▲ $21,755
Pledges and Grants Receivable$2,200--
Land, Buildings, and Equipment, Net$1,775$1,296▼ $479
Prepaid Expenses and Deferred Charges$546$546→ $0
Total Assets$216,852$196,307▼ $20,545
Other Assets Total-$1,000-
Liabilities
Accounts Payable and Accrued Expenses$6,157$7,360▲ $1,203
Total Liabilities$6,157$7,360▲ $1,203
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$210,695$188,947▼ $21,748
Total Net Assets Fund Balance$210,695$188,947▼ $21,748
Total Liabilities and Net Assets / Fund Balance$216,852$196,307▼ $20,545

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,296$1,098$2,394
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ashley TeaguePresident/artistic DirectorPT$50,000$50,000

Board Members and Trustees

NameTitle
Moira SquireBoard Chair
Nikki HydeDirector
Shannon MorzovDirector
Alexis GreenDirector (left December 2024)
Christopher WindomDirector (left December 2024)
Sharon Chin LeeSecretary
J Richey NashTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$240,758
Program Service Revenue
$3,558
Investment Income
$108
Other Revenue
$795
All Other Contributions
$191,758
Change in Net Assets
$-21,748
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$179,354
Salaries, Compensation, and Employee Benefits$85,613
Total Fundraising Expense$36,363
Grants and Similar Amounts Paid$2,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$120,058$0$0$120,058
Current Officers, Directors, Trustees, and Key Employees$25,000$12,500$12,500$50,000
Other Salaries and Wages$3,655$6,427$18,759$28,841
Occupancy$18,916$248$186$19,350
Payroll Taxes$2,461$1,626$2,685$6,772
Advertising$5,990$0$0$5,990
Fees for Services Accounting$0$5,688$0$5,688
Other Expenses$2,062$1,828$304$4,194
Office Expenses$531$3,660$0$4,191
Insurance$1,289$851$1,406$3,546
Travel$3,380$0$0$3,380
Grants to Domestic Individuals$2,000--$2,000
Depreciation Depletion$174$115$190$479
Total Functional Expenses$197,459$33,145$36,363$266,967
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Filing and Contact Details

Filer

Filer Name
Notch Theatre Company
EIN
82-1888466
Phone
7035930953
Address
PO BOX 1144, NEW YORK, NY 10029

Signing Officer

Name
Ashley Teague
Title
President
Phone
7035930953
Signed
2025-09-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ashley Teague
Formed
2017
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
5
Employees
3
Volunteers
0

Preparer

Firm
Rich and Bander Llp
Address
79 MADISON AVE 2ND FLOOR, NEW YORK, NY 10016
Preparer
Jonathan a Bander
Phone
2126842470
Supplemental Narrative

Additional Explanations

Pt VI, Line 12C

Board members must submit completed conflict of interest disclosure form annually.

Pt VI, Line 11B

All board members must review and unanimously approve the 990.

Form 990, Part IX, Line 11G

Production personnel 112477. 112477. 0. 0.

Form 990, Part IX, Line 11G

Consultants 7581. 7581. 0. 0.

Financial Statement Notes

Pt X, Line 2

The organization has evaluated its current tax positions and has concluded that as of year end, the organization does not have any significant uncertain tax positions for which a reserve would be necessary.

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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0183241
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0142620
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: MISC INCOME 2023: 1900. 2024: 795.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0240758
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0277996
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0299078
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0230807
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0165185
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01213824
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0108
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0109
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0101
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt087
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt052
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0457
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt061458
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0795
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01900
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02695
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.68150
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.59870
IRS990ScheduleA/PublicSupportTotal170Amt0829361
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt0384463
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0240758
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0277996
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0299078
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0230807
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0165185
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01213824
IRS990ScheduleA/TotalSupportAmt01216976
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt01296
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01098
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02394
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF YEAR END, THE ORGANIZATION DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01296
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBERS MUST SUBMIT COMPLETED CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS MUST REVIEW AND UNANIMOUSLY APPROVE THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRODUCTION PERSONNEL 112477. 112477. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONSULTANTS 7581. 7581. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 11g
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/StatesWhereCopyOfReturnIsFldCd1DE
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0216852
IRS990/TotalAssetsEOYAmt0196307
IRS990/TotalAssetsGrp/BOYAmt0216852
IRS990/TotalAssetsGrp/EOYAmt0196307
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0240758
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt036363
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt033145
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0197459
IRS990/TotalFunctionalExpensesGrp/TotalAmt0266967
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06157
IRS990/TotalLiabilitiesEOYAmt07360
IRS990/TotalLiabilitiesGrp/BOYAmt06157
IRS990/TotalLiabilitiesGrp/EOYAmt07360
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0210695
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0188947
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0197459
IRS990/TotalProgramServiceRevenueAmt03558
IRS990/TotalReportableCompFromOrgAmt050000
IRS990/TotalRevenueGrp/ExclusionAmt0108
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04353
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0245219
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0216852
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0196307
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt03380
IRS990/TravelGrp/TotalAmt03380

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