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Nonprofiteer
← INDIESPACE INC

Form 990 for tax year 2023

Filed by INDIESPACE INC.

Totals

Total revenue
$1,232,104
Total expenses
$1,335,032
Contributions and grants received
$1,227,781
Grants paid
$736,725
Program service revenue
$0
Investment income
$16
Other revenue
$4,307
Total assets, end of year
$900,952
Total liabilities, end of year
$154,954
Net assets or fund balances, end of year
$745,998
Program services expenses (Part IX)
$1,082,092
Management and general expenses
$184,083
Fundraising expenses
$68,857
Program service expenses (Part III)
$1,082,092

Program services were 81.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $13,000

  • 1f · All other contributions, gifts and grants

    $1,214,781

  • 3 · Investment income

    total $16 · unrelated business $0 · excluded $16

  • 6a · Gross rents

    real property $11,742

  • 6c · Rental income or loss

    real property $11,742

  • 6d · Net rental income or loss

    total $11,742 · excluded $11,742

  • 8a · Fundraising events: gross income

    $8,270

  • 8b · Fundraising events: direct expenses

    $20,205

  • 8c · Net income from fundraising events

    total -$11,935 · unrelated business $0 · excluded -$11,935

  • 11a · Other revenue: FISCAL SPONSORSHIP FEES

    total $4,500 · related or exempt $4,500 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $4,500

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $495,150 · program services $495,150

  • 2 · Grants to domestic individuals

    total $241,575 · program services $241,575

  • 5 · Compensation of officers, directors and key employees

    total $121,731 · program services $91,298 · management and general $12,173 · fundraising $18,260

  • 7 · Other salaries and wages

    total $93,882 · program services $80,380 · management and general $13,502 · fundraising $0

  • 9 · Other employee benefits

    total $9,937 · program services $7,912 · management and general $1,183 · fundraising $842

  • 10 · Payroll taxes

    total $18,583 · program services $14,797 · management and general $2,213 · fundraising $1,573

  • 11c · Fees: accounting

    total $63,861 · program services $0 · management and general $63,861 · fundraising $0

  • 11d · Fees: lobbying

    total $36,826 · program services $36,826 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $124,095 · program services $56,915 · management and general $65,730 · fundraising $1,450

  • 12 · Advertising and promotion

    total $1,179 · program services $500 · management and general $679 · fundraising $0

  • 16 · Occupancy

    total $4,877 · program services $4,877 · management and general $0 · fundraising $0

  • 17 · Travel

    total $6,380 · program services $0 · management and general $6,184 · fundraising $196

  • 19 · Conferences, conventions and meetings

    total $3,028 · program services $249 · management and general $2,779 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $6,198 · program services $4,935 · management and general $738 · fundraising $525

  • 23 · Insurance

    total $6,989 · program services $5,565 · management and general $832 · fundraising $592

  • 24a · Other expenses: DIGITAL ONLINE SERVICES

    total $14,755 · program services $10,910 · management and general $3,845 · fundraising $0

  • 24b · Other expenses: DEVELOPMENT FEES

    total $48,530 · program services $4,000 · management and general $380 · fundraising $44,150

  • 24c · Other expenses: PAYROLL PROCESSING FEES

    total $682 · program services $543 · management and general $81 · fundraising $58

  • 24d · Other expenses: MISCELLANEOUS

    total $7,708 · program services $3,769 · management and general $3,939 · fundraising $0

  • 24e · All other expenses

    total $29,066 · program services $21,891 · management and general $5,964 · fundraising $1,211

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $442,518 · end of year $404,024

  • 2 · Savings and temporary cash investments

    beginning of year $126,005 · end of year $184,003

  • 3 · Pledges and grants receivable

    end of year $239,000

  • 4 · Accounts receivable

    beginning of year $268,263

  • 7 · Other notes and loans receivable

    end of year $20,350

  • 8 · Inventories for sale or use

    end of year $12,741

  • 9 · Prepaid expenses and deferred charges

    beginning of year $7,437

  • 10a · Land, buildings and equipment: cost or other basis

    $39,309

  • 10b · Land, buildings and equipment: accumulated depreciation

    $9,525

  • 10c · Land, buildings and equipment, net

    beginning of year $12,405 · end of year $29,784

  • 14 · Intangible assets

    beginning of year $6,000 · end of year $4,800

  • 15 · Other assets

    beginning of year $6,250 · end of year $6,250

  • 17 · Accounts payable and accrued expenses

    beginning of year $19,952 · end of year $24,804

  • 18 · Grants payable

    end of year $130,150

  • 27 · Net assets without donor restrictions

    beginning of year $396,426 · end of year $416,498

  • 28 · Net assets with donor restrictions

    beginning of year $452,500 · end of year $329,500

Mission and programs · 2023

Mission

INDIESPACE CELEBRATES AND CENTERS INDEPENDENT THEATER-MAKING IN NEW YORK CITY. THE ORGANIZATION PROVIDES RADICALLY TRANSPARENT, RESPONSIVE AND EQUITY-FOCUSED FUNDING, REAL ESTATE PROGRAMS, PROFESSIONAL DEVELOPMENT, AND ADVOCACY TO INDIVIDUAL ARTISTS, THEATER COMPANIES, AND INDIE VENUES.

  • SEE SCHEDULE O.

    Expenses $1,082,092 · Grants $753,785

As filed on the 2023 return.

Listed in Part VII

  • Randi Berry

    BOARD MEMBER/EXECUTIVE DIRECTOR

    Total calculated
    $122,231
    From this org
    $122,231
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Veshonte Brown

    BOARD MEMBER/PROGRAMS MANAGER

    Total calculated
    $62,500
    From this org
    $62,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Paul Leibowitz

    CO-PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Raquel Almazan

    CO-PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Brian Berk

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Samuel Morales

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Maya Quetzali Gonzalez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Erez Ziv

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Brea Clemons

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Andrew Clarke

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Joseph Auld

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Pamela Chisling

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Siobhan O'Neill

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Marty Linsky

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dechelle Damien

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
8 July 2024
IRS schema version
2023v5.1
Source object
202441909349301569

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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