Civic Intelligence

Essence Theatre-Studio Inc

EIN 83-0979603 • 501(c)3 • Brooklyn, NY

Profile

Charitable corporation whose purpose is to form and operate a public theater to benefit new yorks diverse ethnic groups

1183 Sheepshead Bay RoadBrooklyn, NY 11235

n/A

Siviq Scores

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

Liabilities / Assets

87th percentile

0.99x

Higher debt load relative to assets than 87% of similar nonprofits.

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

Liabilities / Revenue

74th percentile

0.07x

Higher debt load relative to revenue than 74% of similar nonprofits.

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

Net Margin

28th percentile

-8.8%

Higher net margin than 28% of similar nonprofits.

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

Top Officer Pay

82nd percentile

$11,500

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

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

Asset Growth

37th percentile

-15%

Faster asset growth than 37% of similar nonprofits.

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

Revenue Growth

41st percentile

-6.2%

Faster revenue growth than 41% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$11,836

Down $2,116 (-15%) from 2023

Liabilities

$11,717

No earlier filing loaded for comparison.

Net Assets

Down

$119

Down $13,833 (-99%) from 2023

Operations
Liabilities / Revenue74th percentileNet Margin28th percentile

Revenue

Down

$156,718

Down $10,294 (-6.2%) from 2023

Expenses

Up

$170,551

Up $14,959 (+9.6%) from 2023

Net Income

Down

-$13,833

Down $25,253 (-221%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth37th percentile

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

$15K$10K$5.0K$0Assets 2019: $1,010Liabilities 2019: $1,000Net Assets 2019: $102019Assets 2020: $8,193Liabilities 2020: $2,500Net Assets 2020: $5,6932020Assets 2021: $9,068Net Assets 2021: $9,0682021Assets 2022: $2,532Net Assets 2022: $2,5322022Assets 2023: $13,952Net Assets 2023: $13,9522023Assets 2024: $11,836Liabilities 2024: $11,717Net Assets 2024: $1192024

Highlighted filing

2024

Assets$11,836
Liabilities$11,717
Net Assets$119
Open 2024 Filing

Operations Trend

Revenue Growth41st percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2019: $7,500Expenses 2019: $7,490Net Income 2019: $102019Revenue 2020: $38,754Expenses 2020: $33,071Net Income 2020: $5,6832020Revenue 2021: $67,195Expenses 2021: $63,820Net Income 2021: $3,3752021Revenue 2022: $173,730Expenses 2022: $180,266Net Income 2022: -$6,5362022Revenue 2023: $167,012Expenses 2023: $155,592Net Income 2023: $11,4202023Revenue 2024: $156,718Expenses 2024: $170,551Net Income 2024: -$13,8332024

Highlighted filing

2024

Revenue$156,718
Expenses$170,551
Net Income-$13,833
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,836
Liabilities
$11,717
Net assets
$119
Revenue
$156,718
Expenses
$170,551
Net income
-$13,833
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.12$0.12$0.00$1.57$1.71$0.14
2023Detailed filing. Detailed filing data is available for this year.$0.14$0.14$1.67$1.56$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.03$0.03$1.74$1.80$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.09$0.09$0.67$0.64$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.08$0.03$0.06$0.39$0.33$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.00$0.08$0.07$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Mar 22, 2025
Return Version
2023v6.0
Gross Receipts
$156,718
Mission and Program Overview

Mission

Charitable corporation whose purpose is to form and operate a public theater to benefit new yorks diverse ethnic groups

Program Services

DescriptionGrantsExpenses
THEATRICAL PERFORMANCE$13,700$13,700
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NABI ABDURAKHMANOVDirectorFT$11,500-$11,500
VASSA VASILEVADirectorFT$11,500-$11,500
ABDUJANNAR KARIMOVDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Essence Theatre-studio Inc
EIN
83-0979603
Phone
7183363100
Address
1183 SHEEPSHEAD BAY ROAD, BROOKLYN, NY 11235

Signing Officer

Name
Nabi Abdurakhmanov
Title
Director
Phone
7183363100
Signed
2025-03-22
Discuss with paid preparer
Yes

Preparer

Firm
Innovative Accounting Solutions LLC
Address
2388 OCEAN AVENUE UNIT1, BROOKLYN, NY 11229
Preparer
Yanina Karlinsky CPA
Phone
7183363100
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“MINOR EQUIPMENT 1896.”

Form 990EZ, Part I, Line 16

“ACCOUNTING FEES 2650.”

Form 990EZ, Part I, Line 16

“SUPPLIES 39391.”

Form 990EZ, Part I, Line 16

“Auto/gas/insurance/parking & tolls 11135.”

Form 990EZ, Part I, Line 16

“PAYROLL TAX 3470.”

Form 990EZ, Part II, Line 26

“LOAN 11717.”

Raw XML Appendix163 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0NABI ABDURAKHMANOV
IRS990EZ/BooksInCareOfDetail/PhoneNum07183363100
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01183 SHEEPSHEAD BAY ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011235
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt013952
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt011836
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt017200
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-13833
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt013952
IRS990EZ/Form990TotalAssetsGrp/EOYAmt011836
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0156718
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt013952
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0119
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt013952
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0119
IRS990EZ/OccupancyRentUtltsAndMaintAmt077259
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt140.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt220.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt011500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt111500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NABI ABDURAKHMANOV
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1VASSA VASILEVA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ABDUJANNAR KARIMOV
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt058542
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CHARITABLE CORPORATION WHOSE PURPOSE IS TO FORM AND OPERATE A PUBLIC THEATER TO BENEFIT NEW YORKS DIVERSE ETHNIC GROUPS
IRS990EZ/ProgramServiceRevenueAmt0139518
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THEATRICAL PERFORMANCE
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt013700
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt013700
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt034750
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt011717
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0170551
IRS990EZ/TotalProgramServiceExpensesAmt013700
IRS990EZ/TotalRevenueAmt0156718
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt017200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt039810
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt010801
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt014385
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt010458
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt092654
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt092654
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt017200
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt039810
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt010801
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt014385
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt010458
IRS990ScheduleA/Total509Grp/TotalAmt092654
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt092654
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MINOR EQUIPMENT 1896.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTING FEES 2650.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SUPPLIES 39391.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AUTO/GAS/INSURANCE/PARKING & TOLLS 11135.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PAYROLL TAX 3470.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LOAN 11717.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NABI ABDURAKHMANOV
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07183363100
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ESSENCE THEATRE-STUDIO INC
ReturnHeader/Filer/BusinessNameControlTxt0ESSE
ReturnHeader/Filer/EIN0830979603
ReturnHeader/Filer/PhoneNum07183363100
ReturnHeader/Filer/USAddress/AddressLine1Txt01183 SHEEPSHEAD BAY ROAD
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011235
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061639301
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0INNOVATIVE ACCOUNTING SOLUTIONS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02388 OCEAN AVENUE UNIT1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BROOKLYN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011229
ReturnHeader/PreparerPersonGrp/PhoneNum07183363100
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0YANINA KARLINSKY CPA
ReturnHeader/ReturnTs02025-04-08T09:12:03-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-10-01
ReturnHeader/TaxPeriodEndDt02024-09-30
ReturnHeader/TaxYr02023

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