Civic Intelligence

Shed Nyc Inc

EIN 90-0884353 • 501(c)3 • New York, NY

Profile

The shed is a new cultural institution of and for the 21st century. We produce and welcome innovative art and ideas, across all forms of creativity, to build a shared understanding of our rapidly changing world and a more equitable society. Continued on schedule o.

545 West 30th StreetNew York, NY 10001

www.theshed.org

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.15x

Higher debt load relative to assets than 32% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

87th percentile

2.41x

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

501(c)3 • $250M-$1B nonprofits • Source year 2024

Net Margin

6th percentile

-28%

Higher net margin than 6% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

48th percentile

$790,540

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Asset Growth

12th percentile

-4.1%

Faster asset growth than 12% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

3rd percentile

-46%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Assets

Down

$527,315,012

Down $22,360,343 (-4.1%) from 2023

Liabilities

Down

$78,975,767

Down $12,959,894 (-14%) from 2023

Net Assets

Down

$448,339,245

Down $9,400,449 (-2.1%) from 2023

Revenue

Down

$32,765,136

Down $27,848,508 (-46%) from 2023

Expenses

Down

$41,792,680

Down $3,222,038 (-7.2%) from 2023

Net Income

Down

-$9,027,544

Down $24,626,470 (-158%) from 2023

Trend Graphs

Balance Sheet Trend

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

$800M$600M$400M$200M$0Assets 2013: $43,393,744Liabilities 2013: $3,131,641Net Assets 2013: $40,262,1032013Assets 2014: $85,959,458Liabilities 2014: $14,289,833Net Assets 2014: $71,669,6252014Assets 2015: $190,754,937Liabilities 2015: $52,603,222Net Assets 2015: $138,151,7152015Assets 2016: $330,248,232Liabilities 2016: $112,987,018Net Assets 2016: $217,261,2142016Assets 2017: $422,448,755Liabilities 2017: $125,638,041Net Assets 2017: $296,810,7142017Assets 2018: $527,432,376Liabilities 2018: $172,364,747Net Assets 2018: $355,067,6292018Assets 2019: $625,242,260Liabilities 2019: $229,244,655Net Assets 2019: $395,997,6052019Assets 2020: $621,442,218Liabilities 2020: $169,756,955Net Assets 2020: $451,685,2632020Assets 2021: $605,118,283Liabilities 2021: $143,126,973Net Assets 2021: $461,991,3102021Assets 2022: $575,214,850Liabilities 2022: $133,422,441Net Assets 2022: $441,792,4092022Assets 2023: $549,675,355Liabilities 2023: $91,935,661Net Assets 2023: $457,739,6942023Assets 2024: $527,315,012Liabilities 2024: $78,975,767Net Assets 2024: $448,339,2452024

Highlighted filing

2024

Assets$527,315,012
Liabilities$78,975,767
Net Assets$448,339,245

Operations Trend

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

$150M$100M$50M$0-$50MRevenue 2013: $41,285,773Expenses 2013: $1,023,670Net Income 2013: $40,262,1032013Revenue 2014: $33,145,469Expenses 2014: $1,737,947Net Income 2014: $31,407,5222014Revenue 2015: $69,093,835Expenses 2015: $2,611,745Net Income 2015: $66,482,0902015Revenue 2016: $83,849,935Expenses 2016: $4,740,436Net Income 2016: $79,109,4992016Revenue 2017: $87,890,232Expenses 2017: $8,340,732Net Income 2017: $79,549,5002017Revenue 2018: $74,185,565Expenses 2018: $15,453,980Net Income 2018: $58,731,5852018Revenue 2019: $101,081,298Expenses 2019: $60,025,560Net Income 2019: $41,055,7382019Revenue 2020: $102,270,782Expenses 2020: $46,777,803Net Income 2020: $55,492,9792020Revenue 2021: $48,390,004Expenses 2021: $38,489,710Net Income 2021: $9,900,2942021Revenue 2022: $28,897,150Expenses 2022: $49,096,051Net Income 2022: -$20,198,9012022Revenue 2023: $60,613,644Expenses 2023: $45,014,718Net Income 2023: $15,598,9262023Revenue 2024: $32,765,136Expenses 2024: $41,792,680Net Income 2024: -$9,027,5442024

Highlighted filing

2024

Revenue$32,765,136
Expenses$41,792,680
Net Income-$9,027,544

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.1
Gross Receipts
$38,136,349
Mission and Program Overview

Mission

The shed is a new cultural institution of and for the 21st century. We produce and welcome innovative art and ideas, across all forms of creativity, to build a shared understanding of our rapidly changing world and a more equitable society. Continued on schedule o.in our highly adaptable building on manhattan's west side, the shed brings together established and emerging artists to create new work in fields ranging from pop to classical music, painting to digital media, theater to literature, and sculpture to dance. We seek opportunities tocollaborate with cultural peers and community organizations, work with like-minded partners, and provide unique spaces for private events. As an independent nonprofit that values invention, equity, and generosity, we are committed to advancing art forms, addressing the urgent issues of our time, and making our work impactful, sustainable, and relevant to the local community, the cultural sector, new yorkcity, and beyond.

We produce and welcome innovative art and ideas, across all forms of creativity, to build a shared understanding of our rapidly changing world and a more equitable society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$519,844,422$507,655,585▼ $12,188,837
Loans From Officers Directors$54,944,503$55,944,503▲ $1,000,000
Pledges and Grants Receivable$19,329,367$12,174,358▼ $7,155,009
Savings and Temporary Cash Investments$7,874,256$5,832,311▼ $2,041,945
Accounts Receivable$1,253,357$489,009▼ $764,348
Prepaid Expenses and Deferred Charges$430,728$27,819▼ $402,909
Cash and Non-Interest-Bearing Accounts$13,365$13,365→ $0
Receivables From Officers Etc$6,000$6,000→ $0
Inventories for Sale or Use$89,886$2,013▼ $87,873
Receivable From Disqualified Prsn$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Total Assets$549,675,355$527,315,012▼ $22,360,343
Other Assets Total$833,974$1,114,552▲ $280,578
Liabilities
Accounts Payable and Accrued Expenses$8,405,027$11,537,043▲ $3,132,016
Mortgage Notes Payable Secured by Investment Property$19,094,570$7,185,559▼ $11,909,011
Deferred Revenue$4,536,013$4,301,460▼ $234,553
Other Liabilities$4,955,548$7,202▼ $4,948,346
Unsecured Notes Loans Payable$0--
Total Liabilities$91,935,661$78,975,767▼ $12,959,894
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$456,473,028$443,014,245▼ $13,458,783
Net Assets With Donor Restrictions$1,266,666$5,325,000▲ $4,058,334
Total Net Assets Fund Balance$457,739,694$448,339,245▼ $9,400,449
Total Liabilities and Net Assets / Fund Balance$549,675,355$527,315,012▼ $22,360,343

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$505,447,860$62,195,047$567,642,907
Equipment$1,154,139$10,693,112$11,847,251
Other Land Buildings$1,053,586$3,346,266$4,399,852
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Meredith HodgesCEOFT$604,112$186,428$790,540
Alexander PootsArtistic DirectorFT$524,145$2,973$527,118
Peter GeeChief Financial OfficerFT$344,864$34,812$379,676
Abdul YounisChief Executive ProducerFT$300,657$62,270$362,927
Manuel BejaranoChief People OfficerFT$197,479$13,263$210,742
Josh PhagooOperating EngineerFT$196,639$4,527$201,166
Maryann JordanFormer Chief Operating Officer-$180,249$10,985$191,234
Adam GaganDIRECTOR of FACILITIESFT$150,213$35,389$185,602
Laura AswadProducerFT$183,782$1,044$184,826
Jennifer SunshineSenior Director of DevelopmentFT$171,101$12,380$183,481
Regina DychesDirector of Strategic PartnershipsFT$160,421$16,326$176,747
Darren BiggartDirector of Civic ProgramsFT$145,306$20,609$165,915
Jeffrey LevineChief Marketing & Comm Officer (end. 05/2024)FT$104,681$34,414$139,095
Brent RadekeChief Development Officer (beg. 07/2024)FT$103,713$16,046$119,759
Robert MohlerChief Development Officer (end. 03/2024)FT$71,514$203$71,717
Larae FerryChief Marketing & Brand Officer (beg. 11/2024)FT$30,760$2,915$33,675

Board Members and Trustees

NameTitle
Jonathan M TischChair
Daniel L DoctoroffFounding Chair
Andres Santo DomingoDirector
Ann SarnoffDirector
Christina Weiss LurieDirector
Claudia RankineDirector
Colby MugrabiDirector
Darla MooreDirector
David DrahiDirector
Dean ShapiroDirector
Deborah WinshelDirector
Frank H Mccourt JrDirector
Fred WilsonDirector
Gary HobermanDirector
Glenda G GraceDirector
Harvey J SpevakDirector
Heather BakerDirector
Jed WalentasDirector
Kate D LevinDirector
Kenneth P WongDirector
Lew FrankfortDirector
Maria Catalina Saieh GuzmanDirector
Misty CopelandDirector
Monish KumarDirector
Neeraj ChandraDirector
Paula RecartDirector
Peter a Boyce IiDirector
Ritu BangaDirector
Robert GoldsteinDirector
Roberta DenningDirector
Todd KahnDirector
Jason EpsteinDirector (beg. 06/2024)
Yulina Kim-grantDirector (beg. 06/2024)
Hon Adrienne E AdamsDirector (ex-officio)
Hon Inge IvchenckoDirector (ex-officio)
Hon Laurie CumboDirector (ex-officio)
Hon Maria Torres-springerDirector (ex-officio)
Hon Mark LevineDirector (ex-officio)

Highest Paid Contractors

ContractorServicesLocationCompensation
Sciame Construction LLCConstruction Services14 Wall Street, New York, NY 10005, Uk$2,076,000
This Perfect Day On Stage LLCProduction Services130 W 42nd Street, New York, NY 10036$626,967
Allied Universal Security ServicesSecurity ServicesPO Box 828854, Philadelphia, PA 19182$614,323
Ho Bohemia LimitedProduction Services350 S Grand Avenus, Los Angeles, CA 90071$576,672
Sheppard Mullin Richter & Hampton LLPLegal Services-$523,886
Revenue and Support

Revenue Composition

Contributions and Grants
$15,950,033
Program Service Revenue
$7,963,540
Investment Income
$-7,298
Other Revenue
$8,858,861
All Other Contributions
$13,171,472
Change in Net Assets
$-9,027,544

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$985,395Other - GIFT VALUE
Total Noncash Contributions3$985,395-

Audited Revenue Reconciliation

Revenue per Audited Statements
$36,264,727
Revenue Not Reported on Financial Statements
$-3,499,591
Revenue Not Reported on Form 990
$-372,905
Other Revenue Adjustments
$-3,499,591
Total Revenue per Audited Statements
$35,891,822
Total Revenue per Form 990
$32,765,136
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$27,330,834
Salaries, Compensation, and Employee Benefits$14,206,888
Total Fundraising Expense$2,989,655
Professional Fundraising Fees$254,958
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$11,766,271$521,774$612,790$12,900,835
Other Salaries and Wages$2,358,239$4,085,652$509,754$6,953,645
Occupancy$3,018,120$133,838$157,184$3,309,142
Other Employee Benefits$1,963,095$909,537$115,269$2,987,901
Current Officers, Directors, Trustees, and Key Employees$1,451,846$624,712$735,435$2,811,993
Interest$1,756,335$77,885$91,470$1,925,690
Information Technology$1,069,277$210,827$1,576$1,281,680
Payroll Taxes$729,832$428,886$103,397$1,262,115
Insurance$943,106$41,822$49,117$1,034,045
Advertising$455,399-$40,962$496,361
Office Expenses$181,601$70,345$44,656$296,602
Fees for Services Professional Fundraising--$254,958$254,958
Fees for Services Other$47,077$161,093$0$208,170
Travel$145,091$30,503$25,689$201,283
Comp Disqual Persons$57,370$76,494$57,370$191,234
Fees for Services Legal-$187,064-$187,064
Fees for Services Accounting-$117,501-$117,501
Other Expenses$2,565$8,013$1,746$12,324
Total Functional Expenses$31,108,236$7,694,789$2,989,655$41,792,680

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$45,292,271
Expenses per Audited Statements$41,792,680
Total Expenses per Form 990$41,792,680
Expenses Not Reported on Form 990$3,499,591
Expenses Not Reported on Financial Statements$0
Other Expense Adjustments$0
International Activity

International Summary

Offices
0
Employees
2
Spending
$576,672

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland and Greenland)Program ServicesProduction Services02$576,672
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$491,274
Professional Fundraising Fees$254,958
Fundraising Gross Income$174,750

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$1,739,939$174,750$485,274$-310,524
Event 2-$0-$0
Total Events$1,739,939$174,750$491,274$-316,524
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$54,944,503$55,944,503▲ $1,000,000
Receivables from Officers, Directors, Trustees, and Key Employees$6,000$6,000→ $0
Receivables from Disqualified Persons$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal Income Taxes$7,202
Retainage Payable-
Other Liabilities-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2 Family/business relationships amongst interested persons

KEN WONG & DEAN SHAPIRO - Business relationship

Form 990, Part VI, Line 11B Review of form 990 by governing body

Form 990 is provided to the entire board of directors of the organization for review before the return is filed with the irs.

Form 990, Part VI, Line 12C Conflict of interest policy

Immediately upon election to the board, all directors shall disclose any relevant interest which may pose conflict of interest questions, disclosure shall include any interest, financial or otherwise, in any corporation, organization, or partnership which provides professional or other services to the corporation. When any matter comes before the board or any committee of the board in which a director has an interest, the director who has an interest shall promptly and fully disclose his or her interest to the board or committee prior to its acting on the matter. Such disclosure shall include any relevant and material facts known to such person about the contract or transaction that might reasonably be construed to be adverse to the corporation. Board members are required, annually, to sign an affidavit to disclose whether or not a conflict exists.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

Compensation for the artistic director and the ceo are reviewed and determined annually by the shed's independent board of directors. The most recent review for the artistic director occured in january 2023. The most recent review for the ceo occured in october 2023. Compensation for other senior management positions below the executive level are reviewed and determined by the ceo, the chief people officer and the chief financial and administraive officer. Compensation review includes input from independent sources and comparative data from similarly situated organizations. The approval process is contemporaneously documented in the board meeting minutes.

Form 990, Part VI, Line 15B Process to establish compensation of other employees

See above narrative for part vi, line 15a.

Form 990, Part VI, Line 19 Required documents available to the public

The organization makes its certificate of incorporation, bylaws, and financial statements available to the public upon request. Requests for reviewing the organization's documents should be addressed to the organization in care of peter gee as noted in part vi, section c, line 20.

Filing and Contact Details

Filer

Filer Name
Shed Nyc Inc
EIN
90-0884353
Phone
6468766904
Address
545 WEST 30TH STREET, NEW YORK, NY 10001
Doing Business As
The Shed

Signing Officer

Name
Meredith Hodges
Title
CEO
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Formed
2012
Legal Domicile
Ny
Voting Board Members
38
Independent Board Members
35
Employees
1,188
Volunteers
367

Preparer

Firm
Kpmg Llp
Address
Two Manhattan West 375 9th Avenue, New York, NY 10001
Preparer
Toby Kerslake
Phone
2127589700
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 19 Revenue Less Expenses

The results listed in Part I include non-operating, non-cash expenses. As noted in Part IX, Statement of Functional Expenses, Line 22, depreciation, depletion, and amortization total $12,900,835, contributing to the net loss reported in Part I, Summary, Line 19.

Form 990, Part III, Line 1 ORGANIZATION'S MISSION

The shed is a new cultural institution of and for the 21st century. We produce and welcome innovative art and ideas, across all forms of creativity, to build a shared understanding of our rapidly changing world and a more equitable society. In our highly adaptable building on manhattan's west side, the shed brings together established and emerging artists to create new work in fields ranging from pop to classical music, painting to digital media, theater to literature, and sculpture to dance. We seek opportunities to collaborate with cultural peers and community organizations, work with like-minded partners, and provide unique spaces for private events. The shed was designed to break with the traditions that separate art forms and audiences. By minimizing social and economic barriers to entry, we offer a warm, welcoming space for innovation and dialogue. Embracing technology, we work with creative thinkers and partners to create transformational digital experiences on-site and online. Using our flexible infrastructure and operational capabilities, we can produce performances, exhibitions, events, and gatherings of almost any type in expansive, multi use venues that allow for social distancing. Driven by our belief that access to new art and ideas is a right, not a privilege, we present engaging experiences and forge deep bonds between our artists and audiences. As an independent nonprofit that values invention, equity, and generosity, we are committed to advancing art forms, addressing the urgent issues of our time, and making our work impactful, sustainable, and relevant to the local community, the cultural sector, new york city, and beyond.

Form 990, Part III, Line 4A PROGRAM SERVICE DESCRIPTION

The effect (march 3 - 31, 2024): written by lucy prebble, directed by jamie lloyd, the effect questions the line between love and ethics as two people settle into a drug trial, then begin to fall in love. This production was presented by the shed and the national theatre, in association with the jamie lloyd company, and featured michele austin, paapa essiedu, kobna holdbrook-smith, and taylor russell. The breakdown odyssey by ms. Boogie (september 14, 2024): brooklyn-based rapper ms. Boogie presented a two-show, one-night-only performance of her debut album, the breakdown. Live in the griffin theater, ms. Boogie performed the album in totality. Alongside minneapolis-based producer m. Jamison, ms. Boogie debuted never-before-heard remixes and fresh takes for a full sonic experience of this transformative album that addresses the exclusion of black trans women in hip hop culture and the world, providing "an intimate look into the oft-unseen realities of sex work and trans survival (pitchfork)." king lear (october 26 - december 15, 2024): kenneth branagh played the title role in a sold-out production of william shakespeare's king lear, set in the barbarous landscape of ancient britain. Featuring a cast of rising stars from the royal academy of dramatic art and co-directed by rob ashford, branagh, and lucy skilbeck, lear released the play's power and turmoil in a fast-paced staging with a running time familiar to the pace of cinema. With the daily telegraph calling its london production "a playful, furious, magnificent lear," the u.s. Production emphasized the physical and the intimate, inviting audience engagement that speaks to the rapidity and urgency of our time with this open, democratic staging. This strictly limited, exclusive us engagement of king lear ran for 50 performances.

Form 990, Part III, Line 4C PROGRAM SERVICE DESCRIPTION

Armando guadalupe cortes, lizania cruz, bryan fernandez, luis a. Gutierrez, jeffrey meris, calli roche, and sandy williams iv. Summer sway (july 12 - august 16, 2024): inspired by the inclusion of breakdancing in the 2024 summer olympics, the shed celebrated the roots of hip hop by digging into the art forms and styles it has inspired - from breaking and graffiti to djing and mcing. On friday evenings, some of the city's fiercest djs, dance collectives, and artists brought a party to the plaza with free performances centering queer, trans, and bipoc community-based and community-born art. These included: jose parla, clave y cuba, papi juice, soul summit, ladies of hip-hop, quiana parks and guests artists for a dance cypher, and dj perly. Every day of the week, visitors explored our public art installation-including a playlist, a graffiti artwork by quone, and a timeline of hip hop's living history by rakia seaborn-that highlights the movement's global social impact. The installation was produced by neon fab studios. To kick off the summer event, we partnered with west side fest to produce a special community performance. West side fest (july 12 - 14, 2024): the shed and our neighbors in the west side cultural network came together for the second annual west side fest: a weekend of free admission, special indoor and outdoor programming, crafts for kids, artmaking for all ages, and more. The shed hosted visitors for a public art installation on the plaza, celebrating the roots of hip hop, the legacy of breaking, djing, mcing, and graffiti, and the myriad forms and genres which they inspire. The structures visually and sonically asked folks to consider the depth of these roots, alongside hip-hop's global impact on society.other organizations who participated in west side fest include the whitney museum of american art, poster house, hill arts foundation, hudson river park, westbeth artists residence, little island, west village rehearsal co-op, the lesbian, gay, bisexual, transgender community center, the new york city aids memorial park, new york live arts, the kitchen, the rubin museum of art, the high line, and the center for art, research and alliances (cara). Open call 2024 performances (june 20 - august 17, 2024): in summer 2024, in the shed's griffin theater, the remaining eight commissions of the open call program feature immersive, multidisciplinary performances. Artists presenting performances include cain coleman, kyle dacuyan, kayla hamilton, nile harris, nic kay, asia stewart, yaa samar! Dance theatre, and garrett zuercher.

Form 990, Part IV, Line 12B AND PART XII, LINE 2B - AUDITED FINANCIAL STATEMENTS

At the time of filing form 990, the shed's audited financial statements have not yet been issued. The organization's financial statement audit for the year ended december 31, 2024 is underway, and no substantial changes are expected that would affect the 2024 form 990.

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

DISCOUNT FOUNDING CAPITAL CAMPAIGN REVENUE - -372905; Total - -372905;

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

Shed nyc, inc. Is exempt from federal income taxes under the provisions of section 501(c)(3) of the internal revenue code. Accordingly, it is not subject to federal income tax. Shed nyc, inc. Is also exempt from state and local income taxes. Income generated from activities unrelated to shed nyc, inc.'s exempt purpose is subject to tax under internal revenue code section 511. During the years ended december 31, 2024 and 2023, the shed did not recognize any unrelated business income tax. The shed recognizes the effect of income tax positions only if those tax positions are more likely than not of being sustained.

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IRS990/Desc0LIVE PERFORMANCE PROGRAMMING LIVE PERFORMANCE PROGRAMMING IS AN ANNUAL SERIES OF NEW WORKS BY ESTABLISHED AND EMERGING ARTISTS ACROSS PERFORMING ARTS DISCIPLINES. DIVERSITY OF GENRE AND AUDIENCE EXPERIENCE GUIDES THE SHED'S ARTISTIC CHOICES, AS DOES COMMISSIONED ARTISTS' APPETITES FOR EXPERIMENTATION. HERE WE ARE (SEPTEMBER 28, 2023 - JANUARY 21, 2024): THE WORLD PREMIERE OF THE FINAL MUSICAL BY COMPOSER STEPHEN SONDHEIM. WITH A BOOK BY DAVID IVES AND DIRECTED BY JOE MANTELLO, THE PRODUCTION FEATURED FRANCOIS BATTISTE, TRACIE BENNETT, BOBBY CANNAVALE, MICAELA DIAMOND, AMBER GRAY, JIN HA, RACHEL BAY JONES, DENIS O'HARE, STEVEN PASQUALE, DAVID HYDE PIERCE, AND JEREMY SHAMOS. HERE WE ARE IS BASED ON TWO LUIS BUNUEL FILMS, "THE DISCREET CHARM OF THE BOURGEOISIE "THE EXTERMINATING ANGEL." IT FOLLOWS A GROUP OF FRIENDS AS THEY ARE CHASING BRUNCH TO THE BRINK OF APOCALYPSE. (SEE ON SCHEDULE O)
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IRS990/Form990PartVIISectionAGrp/PersonNm15GLENDA G GRACE
IRS990/Form990PartVIISectionAGrp/PersonNm16HARVEY J SPEVAK
IRS990/Form990PartVIISectionAGrp/PersonNm17HEATHER BAKER
IRS990/Form990PartVIISectionAGrp/PersonNm18HON ADRIENNE E ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm19HON INGE IVCHENCKO
IRS990/Form990PartVIISectionAGrp/PersonNm20HON LAURIE CUMBO
IRS990/Form990PartVIISectionAGrp/PersonNm21HON MARIA TORRES-SPRINGER
IRS990/Form990PartVIISectionAGrp/PersonNm22HON MARK LEVINE
IRS990/Form990PartVIISectionAGrp/PersonNm23JASON EPSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm24JED WALENTAS
IRS990/Form990PartVIISectionAGrp/PersonNm25KATE D LEVIN
IRS990/Form990PartVIISectionAGrp/PersonNm26KENNETH P WONG
IRS990/Form990PartVIISectionAGrp/PersonNm27LEW FRANKFORT
IRS990/Form990PartVIISectionAGrp/PersonNm28MARIA CATALINA SAIEH GUZMAN
IRS990/Form990PartVIISectionAGrp/PersonNm29MISTY COPELAND
IRS990/Form990PartVIISectionAGrp/PersonNm30MONISH KUMAR
IRS990/Form990PartVIISectionAGrp/PersonNm31NEERAJ CHANDRA
IRS990/Form990PartVIISectionAGrp/PersonNm32PAULA RECART
IRS990/Form990PartVIISectionAGrp/PersonNm33PETER A BOYCE II
IRS990/Form990PartVIISectionAGrp/PersonNm34RITU BANGA
IRS990/Form990PartVIISectionAGrp/PersonNm35ROBERT GOLDSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm36ROBERTA DENNING
IRS990/Form990PartVIISectionAGrp/PersonNm37TODD KAHN
IRS990/Form990PartVIISectionAGrp/PersonNm38YULINA KIM-GRANT
IRS990/Form990PartVIISectionAGrp/PersonNm39ABDUL YOUNIS
IRS990/Form990PartVIISectionAGrp/PersonNm40ALEXANDER POOTS
IRS990/Form990PartVIISectionAGrp/PersonNm41BRENT RADEKE
IRS990/Form990PartVIISectionAGrp/PersonNm42JEFFREY LEVINE
IRS990/Form990PartVIISectionAGrp/PersonNm43LARAE FERRY

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