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Nonprofiteer
← HAPPIER VALLEY COMEDY INC

Form 990 for tax year 2023

Filed by HAPPIER VALLEY COMEDY INC.

Totals

Total revenue
$328,218
Total expenses
$304,808
Contributions and grants received
$84,355
Grants paid
$0
Program service revenue
$210,066
Investment income
$0
Other revenue
$33,797
Total assets, end of year
$367,671
Total liabilities, end of year
$203,076
Net assets or fund balances, end of year
$164,595
Program services expenses (Part IX)
$267,216
Management and general expenses
$34,312
Fundraising expenses
$3,280
Program service expenses (Part III)
$267,216

Program services were 87.7% 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.

  • 1f · All other contributions, gifts and grants

    $84,355

  • 2a · Program service revenue: TRAINING CENTER

    total $128,988 · related or exempt $128,988

  • 2b · Program service revenue: WORKSHOPS

    total $41,014 · related or exempt $41,014

  • 2c · Program service revenue: HAPPIER VALLEY SHOWS

    total $40,064 · related or exempt $40,064

  • 11a · Other revenue: EMPLOYEE RETENTION CRE

    total $30,765 · excluded $30,765

  • 11b · Other revenue: MISC PROGRAM REVENUE

    total $3,032 · related or exempt $3,032

  • 11e · Other revenue, total

    $33,797

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $117,700 · program services $104,753 · management and general $11,770 · fundraising $1,177

  • 7 · Other salaries and wages

    total $44,419 · program services $44,419

  • 9 · Other employee benefits

    total $1,179 · program services $1,049 · management and general $118 · fundraising $12

  • 10 · Payroll taxes

    total $13,527 · program services $12,447 · management and general $982 · fundraising $98

  • 11c · Fees: accounting

    total $5,750 · management and general $5,750

  • 11g · Fees: other

    total $29,480 · program services $29,480

  • 12 · Advertising and promotion

    total $615 · program services $615

  • 13 · Office expenses

    total $5,265 · management and general $4,028 · fundraising $1,237

  • 16 · Occupancy

    total $68,786 · program services $61,219 · management and general $6,879 · fundraising $688

  • 17 · Travel

    total $2,597 · program services $2,597

  • 22 · Depreciation, depletion and amortization

    total $6,757 · program services $6,013 · management and general $676 · fundraising $68

  • 23 · Insurance

    total $744 · program services $262 · management and general $482

  • 24a · Other expenses: DONATIONS

    total $3,421 · management and general $3,421

  • 24b · Other expenses: OPERATING SUPPLIES

    total $2,861 · program services $2,861

  • 24c · Other expenses: PROFESSIONAL DEVELOPMEN

    total $1,501 · program services $1,501

  • 24d · Other expenses: LICENSES AND FEES

    total $206 · management and general $206

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $100,237 · end of year $119,231

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

    $74,437

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

    $29,073

  • 10c · Land, buildings and equipment, net

    beginning of year $40,948 · end of year $45,364

  • 15 · Other assets

    beginning of year $229,055 · end of year $203,076

  • 25 · Other liabilities

    beginning of year $229,055 · end of year $203,076

  • 27 · Net assets without donor restrictions

    beginning of year $141,185 · end of year $164,595

Mission and programs · 2023

Mission

HAPPIER VALLEY COMEDY BRINGS LAUGHTER, JOY, AND EASE TO WESTERN MASSACHUSETTS (AND THE WORLD) THROUGH THE PRINCIPLES OF IMPROVISATION. WE SERVE UP THE HAPPY THROUGH OUR TRAINING CENTER, SHOWS, AND PROFESSIONAL/PERSONAL DEVELOPMENT PROGRAMS. WE ARE COMMITTED TO USING THE TENETS OF IMPROVISATION AS A TOOL TO AMPLIFY EACH PERSON'S AUTHENTIC VOICE AND CREATIVITY IN AN INCLUSIVE, WELCOMING COMMUNITY INSPIRED AND EMPOWERED BY THE DIVERSITY OF ALL MEMBERS.

Activities or mission (Part I)

BRINGING LAUGHTER, JOY, AND EASE TO WESTERN MASSACHUSETTS THROUGH THE PRINCIPLES OF IMPROVISATION.

  • A COMPLETE TRAINING PROGRAM RUNNING AN AVERAGE OF 10 WEEKLY CLASSES AND 2 MONTHLY WORKSHOPS IN IMPROVISATIONAL AND COMEDY PERFORMANCE FROM BEGINNER TO ADVANCED. THERE WERE AN AVERAGE OF 110 STUDENTS PER SESSION OF DIVERSE AGES AND BACKGROUNDS ACTIVELY ENROLLED AT ANY GIVEN TIME.

    Expenses $199,935 · Revenue $137,118

  • WEEKLY IMPROVISED COMEDY SHOWS FEATURING A VARIETY OF PERFORMERS AND FORMATS. WE ATTRACT AN AVERAGE OF 48 AUDIENCE MEMBERS PER SHOW.

    Expenses $38,385 · Revenue $36,490

  • THE IMPROV TO IMPROVE PROGRAM BRINGS THE PRINCIPLES OF IMPROVISATION TO THE WORKPLACE STRENGTHENING COMMUNICATION, COLLABORATION, AND CREATIVITY. WE WERE HIRED FOR 21 EVENTS, WITH AN AVERAGE OF 20 ATTENDEES PER EVENT, AT DIFFERENT BUSINESSES AND SCHOOLS.

    Expenses $28,896 · Revenue $39,490

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Pamela Victor

    PRESIDENT

    Total calculated
    $58,850
    From this org
    $58,850
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Jeffrey Hausthor

    SECRETARY, TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Sally Ekus

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Melenie Flynn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Meghan Lynch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Scott Braidman

    VICE PRESIDENT

    Total calculated
    $58,850
    From this org
    $58,850
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2024
IRS schema version
2023v5.0
Source object
202411359349305886

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