Civic Intelligence

No Strings Theatre Company

990 • Fiscal year 2019 • EIN 85-0456195

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 21, 2020

430 N Downtown MallLas Cruces, NM 88001

(575) 621-9201

Siviq Scores

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

Liabilities / Assets

66th percentile

0.05x

Higher debt load relative to assets than 66% of similar nonprofits.

2019 filings • NTEE A • <$500k nonprofits • Source year 2019

Liabilities / Revenue

79th percentile

0.11x

Higher debt load relative to revenue than 79% of similar nonprofits.

2019 filings • NTEE A • <$500k nonprofits • Source year 2019

Net Margin

50th percentile

1.9%

Higher net margin than 50% of similar nonprofits.

2019 filings • NTEE A650 • <$500k nonprofits • Source year 2019

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2019 filings • NTEE A • <$500k nonprofits • Source year 2019

Asset Growth

47th percentile

0.4%

Faster asset growth than 47% of similar nonprofits.

2019 filings • NTEE A • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

28th percentile

-7.9%

Faster revenue growth than 28% of similar nonprofits.

2019 filings • NTEE A650 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$132,069

Up $547 (+0.4%) from 2018

Net Assets

Down

$125,835

Down $5,012 (-3.8%) from 2018

Liabilities

Up

$6,234

Up $5,559 (+824%) from 2018

Revenue

Down

$58,935

Down $5,069 (-7.9%) from 2018

Expenses

Down

$57,842

Down $602 (-1.0%) from 2018

Net Income

Down

$1,093

Down $4,467 (-80%) from 2018

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2010: $72,162Liabilities 2010: $73Net Assets 2010: $72,0892010Assets 2011: $81,622Liabilities 2011: $909Net Assets 2011: $80,7132011Assets 2012: $83,700Liabilities 2012: $0Net Assets 2012: $83,7002012Assets 2013: $93,349Liabilities 2013: $181Net Assets 2013: $93,1682013Assets 2014: $108,905Liabilities 2014: $91Net Assets 2014: $108,8142014Assets 2015: $118,666Liabilities 2015: $694Net Assets 2015: $117,9722015Assets 2016: $120,290Liabilities 2016: $6,9192016Assets 2017: $125,962Liabilities 2017: $675Net Assets 2017: $125,2872017Assets 2018: $131,522Liabilities 2018: $675Net Assets 2018: $130,8472018Assets 2019: $132,069Liabilities 2019: $6,234Net Assets 2019: $125,8352019Assets 2020: $117,053Liabilities 2020: $575Net Assets 2020: $116,4782020Assets 2021: $142,939Liabilities 2021: $7,372Net Assets 2021: $135,5672021Assets 2022: $131,385Liabilities 2022: $196Net Assets 2022: $131,1892022Assets 2023: $118,613Liabilities 2023: $0Net Assets 2023: $118,6132023Assets 2024: $119,985Liabilities 2024: $13,895Net Assets 2024: $106,0902024

Highlighted filing

2019

Assets$132,069
Liabilities$6,234
Net Assets$125,835

Operations Trend

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

$100K$50K$0-$50KExpenses 2010: $45,7952010Expenses 2011: $53,0022011Revenue 2012: $48,196Expenses 2012: $45,208Net Income 2012: $2,9882012Revenue 2013: $59,978Expenses 2013: $50,511Net Income 2013: $9,4672013Revenue 2014: $65,060Expenses 2014: $49,414Net Income 2014: $15,6462014Revenue 2015: $60,635Expenses 2015: $51,477Net Income 2015: $9,1582015Revenue 2016: $60,879Expenses 2016: $65,478Net Income 2016: -$4,5992016Revenue 2017: $64,334Expenses 2017: $52,418Net Income 2017: $11,9162017Revenue 2018: $64,004Expenses 2018: $58,444Net Income 2018: $5,5602018Revenue 2019: $58,935Expenses 2019: $57,842Net Income 2019: $1,0932019Revenue 2020: $34,409Expenses 2020: $43,766Net Income 2020: -$9,3572020Revenue 2021: $74,478Expenses 2021: $55,390Net Income 2021: $19,0882021Revenue 2022: $41,405Expenses 2022: $45,783Net Income 2022: -$4,3782022Revenue 2023: $46,446Expenses 2023: $59,021Net Income 2023: -$12,5752023Revenue 2024: $45,255Expenses 2024: $57,778Net Income 2024: -$12,5232024

Highlighted filing

2019

Revenue$58,935
Expenses$57,842
Net Income$1,093
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 21, 2020
Return Version
2019v5.0
Gross Receipts
$58,935
Mission and Program Overview

Mission

Community based theatre expanding local awareness by: 1 presenting contemporary theatre works and local music 2 providing an opportunity for local playwrights to have their works presented on stage

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$68,089$77,221▲ $9,132
Land, Buildings, and Equipment, Net$47,259$52,028▲ $4,769
Cash and Non-Interest-Bearing Accounts$9,974$2,725▼ $7,249
Inventories for Sale or Use$95$95→ $0
Total Assets$125,417$132,069▲ $6,652
Liabilities
Other Liabilities$675$6,234▲ $5,559
Total Liabilities$675$6,234▲ $5,559
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$124,742$125,835▲ $1,093
Total Net Assets Fund Balance$124,742$125,835▲ $1,093
Total Liabilities and Net Assets / Fund Balance$125,417$132,069▲ $6,652

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$52,028$50,921$102,949
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ceil HermanPresident
Chris McdonaldSecretary
Peter HermanV Pres/ Trea
Revenue and Support

Revenue Composition

Contributions and Grants
$25,965
Program Service Revenue
$32,839
Investment Income
$131
Other Revenue
$0
All Other Contributions
$25,965
Change in Net Assets
$1,093
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$57,842
Total Fundraising Expense$450
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$24,000-$450$24,450
Depreciation Depletion$9,266--$9,266
Royalties$6,731--$6,731
All Other Expenses$2,589$61-$2,650
Advertising$2,103--$2,103
Other Expenses$1,447--$1,447
Insurance$1,216--$1,216
Fees for Services Accounting-$870-$870
Office Expenses$210$617-$827
Travel$485--$485
Total Functional Expenses$55,844$1,548$450$57,842
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Peter HermanDirectorRent Paid for TheateNo-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Peter Heman$6,234
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Black box theatre owner landlord black box theatre owner landlord

Form 990, Page 6, Part VI, Line 11B

Copy of 990 will be reviewed by the officers

Form 990, Page 6, Part VI, Line 19

Copies avaliable upon request

Filing and Contact Details

Filer

Filer Name
No Strings Theatre Company
EIN
85-0456195
Phone
5756219201
Address
430 N DOWNTOWN MALL, LAS CRUCES, NM 88001
Doing Business As
No Strings Theatre Company

Signing Officer

Name
Ceil Herman
Title
President
Phone
5755240712
Signed
2020-10-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ceil Herman
Legal Domicile
Nm
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Fristoe and Company Pa
Address
780 SOUTH WALNUT BUILDING 6, LAS CRUCES, NM 88001-1425
Preparer
Norman L Fristoe CPA
Phone
5755272067
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Community based theatre expanding local awareness by: 1 presenting contemporary theatre works and local music 2 providing an opportunity for local playwrights to have their works presented on stage

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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/ExplanationTxt1BLACK BOX THEATRE OWNER LANDLORD BLACK BOX THEATRE OWNER LANDLORD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COPY OF 990 WILL BE REVIEWED BY THE OFFICERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COPIES AVALIABLE UPON REQUEST
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IRS990/USAddress/CityNm0LAS CRUCES
IRS990/USAddress/StateAbbreviationCd0NM
IRS990/USAddress/ZIPCd088005
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.NO-STRINGS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CEIL HERMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05755240712
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NO STRINGS THEATRE COMPANY
ReturnHeader/Filer/BusinessNameControlTxt0NOST
ReturnHeader/Filer/EIN0850456195
ReturnHeader/Filer/PhoneNum05756219201
ReturnHeader/Filer/USAddress/AddressLine1Txt0430 N DOWNTOWN MALL
ReturnHeader/Filer/USAddress/CityNm0LAS CRUCES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd088001
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0777E3FF8571577BD3CFC09D4BE6BBFB3017B363B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0BB063E7B11CC28B163CEB0FF352CE330CAE4EC0B
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.37.240.203
ReturnHeader/FilingSecurityInformation/IPDt02020-10-23
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm018:28:10
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0850354781
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRISTOE AND COMPANY PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0780 SOUTH WALNUT BUILDING 6
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAS CRUCES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0880011425
ReturnHeader/PreparerPersonGrp/PhoneNum05755272067
ReturnHeader/PreparerPersonGrp/PreparationDt02020-10-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NORMAN L FRISTOE CPA
ReturnHeader/ReturnTs02020-10-23T18:28:10-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.14$1.06$0.45$0.58$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$0.00$1.19$0.46$0.59$0.13
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.00$1.31$0.41$0.46$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.07$1.36$0.74$0.55$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.01$1.16$0.34$0.44$0.09
2019Detailed filing. Detailed filing data is available for this year.$1.32$0.06$1.26$0.59$0.58$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.32$0.01$1.31$0.64$0.58$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.01$1.25$0.64$0.52$0.12
2016Summary only. Only limited summary data is available for this year.$1.20$0.07$0.61$0.65$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.19$0.01$1.18$0.61$0.51$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$0.65$0.49$0.16
2013Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.60$0.51$0.09
2012Summary only. Only limited summary data is available for this year.$0.84$0.00$0.84$0.48$0.45$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.01$0.81$0.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.00$0.72$0.46