Civic Intelligence

Essence Theatre-Studio Inc

990EZ • Fiscal year 2020 • EIN 83-0979603

Oct 01, 2019 to Sep 30, 2020 • Filed on Nov 16, 2020

Organization ProfileN/A
1183 Sheepshead Bay RoadBrooklyn, NY 11235

(718) 336-3100

Siviq Scores

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

Liabilities / Assets

70th percentile

0.31x

Higher debt load relative to assets than 70% of similar nonprofits.

2020 filings • NTEE A65 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

57th percentile

0.06x

Higher debt load relative to revenue than 57% of similar nonprofits.

2020 filings • NTEE A65 • <$500k nonprofits • Source year 2020

Net Margin

68th percentile

15%

Higher net margin than 68% of similar nonprofits.

2020 filings • NTEE A65 • <$500k nonprofits • Source year 2020

Top Officer Pay

68th percentile

$5,500

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 14.2% of source-year revenue.

2020 filings • NTEE A65 • <$500k nonprofits • Source year 2020

Asset Growth

94th percentile

711%

Faster asset growth than 94% of similar nonprofits.

2020 filings • NTEE A65 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

100th percentile

417%

Faster revenue growth than 100% of similar nonprofits.

2020 filings • NTEE A65 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$8,193

Up $7,183 (+711%) from 2019

Net Assets

Up

$5,693

Up $5,683 (+56830%) from 2019

Liabilities

Up

$2,500

Up $1,500 (+150%) from 2019

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin68th percentile

Revenue

Up

$38,754

Up $31,254 (+417%) from 2019

Expenses

Up

$33,071

Up $25,581 (+342%) from 2019

Net Income

Up

$5,683

Up $5,673 (+56730%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

$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

2020

Assets$8,193
Liabilities$2,500
Net Assets$5,693
Open 2020 Filing

Operations Trend

Revenue Growth100th percentile

Revenue, expenses, and net income across loaded years, with this 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

2020

Revenue$38,754
Expenses$33,071
Net Income$5,683
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$38,754
Mission and Program Overview

Mission

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

Program Services

DescriptionGrantsExpenses
THEATRICAL PERFORMANCE$7,419$7,419
Compensation and Service Providers
Top Officer Pay68th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NABI ABDURAKHMANOVDirectorFT$5,500-$5,500
VASSA VASILEVADirectorFT$5,500-$5,500
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
2020-11-16
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Form 990EZ, Part I, Line 16

“COSTUME SUPPLIES 5304.”

Form 990EZ, Part I, Line 16

“ACCOUNTING FEES 1500.”

Form 990EZ, Part I, Line 16

“SUPPLIES 1400.”

Form 990EZ, Part I, Line 16

“PARKING & TOLLS 572.”

Form 990EZ, Part I, Line 16

“INSURANCE EXPENSE 525.”

Form 990EZ, Part II, Line 26

“Accrued expenses 1000. 1500.”

Form 990EZ, Part II, Line 26

“SBA LOAN 1000.”

Raw XML Appendix156 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/AddressChangeInd0X
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/BOYAmt01010
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08193
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt010458
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt05683
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt013000
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01010
IRS990EZ/Form990TotalAssetsGrp/EOYAmt08193
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt038754
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt010
IRS990EZ/NetAssetsOrFundBalancesEOYAmt05693
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt010
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt05693
IRS990EZ/OccupancyRentUtltsAndMaintAmt010770
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt140.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt220.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt05500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt15500
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/OtherExpensesTotalAmt09301
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CHARITABLE CORPORATION WHOSE PURPOSE IS TO FORM AND OPERATE A PUBLIC THEATER TO BENEFIT NEW YORK'S DIVERSE ETHNIC GROUPS
IRS990EZ/ProgramServiceRevenueAmt028296
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THEATRICAL PERFORMANCE
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt07419
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt07419
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02500
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt033071
IRS990EZ/TotalProgramServiceExpensesAmt07419
IRS990EZ/TotalRevenueAmt038754
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt010458
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt010458
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt010458
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt010458
IRS990ScheduleA/Total509Grp/TotalAmt010458
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt010458
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/ExplanationTxt0COSTUME SUPPLIES 5304.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTING FEES 1500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SUPPLIES 1400.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PARKING & TOLLS 572.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INSURANCE EXPENSE 525.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ACCRUED EXPENSES 1000. 1500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SBA LOAN 1000.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NABI ABDURAKHMANOV
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07183363100
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-16
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/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/PreparationDt02021-02-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0YANINA KARLINSKY
ReturnHeader/ReturnTs02021-02-16T15:36:16-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-10-01
ReturnHeader/TaxPeriodEndDt02020-09-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,193
Liabilities
$2,500
Net assets
$5,693
Revenue
$38,754
Expenses
$33,071
Net income
$5,683
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