Civic Intelligence

No Strings Theatre Company

990 • Fiscal year 2020 • EIN 85-0456195

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 28, 2021

430 North 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

53rd percentile

0.00x

Higher debt load relative to assets than 53% of similar nonprofits.

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

Liabilities / Revenue

57th percentile

0.02x

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

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

Net Margin

21st percentile

-27%

Higher net margin than 21% of similar nonprofits.

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

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

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

Asset Growth

25th percentile

-11%

Faster asset growth than 25% of similar nonprofits.

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

Revenue Growth

35th percentile

-42%

Faster revenue growth than 35% of similar nonprofits.

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

Assets

Down

$117,053

Down $15,016 (-11%) from 2019

Net Assets

Down

$116,478

Down $9,357 (-7.4%) from 2019

Liabilities

Down

$575

Down $5,659 (-91%) from 2019

Revenue

Down

$34,409

Down $24,526 (-42%) from 2019

Expenses

Down

$43,766

Down $14,076 (-24%) from 2019

Net Income

Down

-$9,357

Down $10,450 (-956%) from 2019

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

2020

Assets$117,053
Liabilities$575
Net Assets$116,478

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

2020

Revenue$34,409
Expenses$43,766
Net Income-$9,357
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 28, 2021
Return Version
2020v4.0
Gross Receipts
$34,409
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$77,221$69,546▼ $7,675
Land, Buildings, and Equipment, Net$52,027$41,917▼ $10,110
Cash and Non-Interest-Bearing Accounts$2,727$5,495▲ $2,768
Inventories for Sale or Use$95$95→ $0
Total Assets$132,070$117,053▼ $15,017
Liabilities
Other Liabilities$6,235$575▼ $5,660
Total Liabilities$6,235$575▼ $5,660
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$125,835$116,478▼ $9,357
Total Net Assets Fund Balance$125,835$116,478▼ $9,357
Total Liabilities and Net Assets / Fund Balance$132,070$117,053▼ $15,017

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$19,676$51,500$71,176
Leasehold Improvements$22,241$9,532$31,773
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
$9,264
Program Service Revenue
$24,970
Investment Income
$125
Other Revenue
$50
All Other Contributions
$9,264
Change in Net Assets
$-9,357
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$43,766
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$24,150--$24,150
Depreciation Depletion$10,110--$10,110
Advertising$1,998--$1,998
Information Technology$1,248--$1,248
Insurance-$1,216-$1,216
Fees for Services Accounting-$963-$963
Office Expenses-$926-$926
Other Expenses$363--$363
Royalties$330--$330
All Other Expenses$239$24-$263
Travel$236--$236
Total Functional Expenses$40,637$3,129$0$43,766
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$575
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 NORTH DOWNTOWN MALL, LAS CRUCES, NM 88001
Doing Business As
No Strings Theatre Company

Signing Officer

Name
Ceil Herman
Title
President
Phone
5755240712
Signed
2021-06-28
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalRevenueGrp/ExclusionAmt025020
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0125
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt034409
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0132070
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0117053
IRS990/TravelGrp/ProgramServicesAmt0236
IRS990/TravelGrp/TotalAmt0236
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01440 CAROL ANN
IRS990/USAddress/CityNm0LAS CRUCES
IRS990/USAddress/StateAbbreviationCd0NM
IRS990/USAddress/ZIPCd088005
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.NO-STRINGS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CEIL HERMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05755240712
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NO STRINGS THEATRE COMPANY
ReturnHeader/Filer/BusinessNameControlTxt0NOST
ReturnHeader/Filer/EIN0850456195
ReturnHeader/Filer/PhoneNum05756219201
ReturnHeader/Filer/USAddress/AddressLine1Txt0430 NORTH DOWNTOWN MALL
ReturnHeader/Filer/USAddress/CityNm0LAS CRUCES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd088001
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/PreparationDt02021-06-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NORMAN L FRISTOE CPA
ReturnHeader/ReturnTs02021-07-02T18:36:45-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CEIL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HERMAN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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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
2020Detailed filing. Detailed filing data is available for this year.$1.17$0.01$1.16$0.34$0.44$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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