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Nonprofiteer
← INDIESPACE INC

Form 990 for tax year 2025

Filed by INDIESPACE INC.

Totals

Total revenue
$3,416,881
Total expenses
$1,715,399
Contributions and grants received
$3,311,065
Grants paid
$581,384
Program service revenue
$44,000
Investment income
$50,683
Other revenue
$11,133
Total assets, end of year
$3,386,616
Total liabilities, end of year
$33,613
Net assets or fund balances, end of year
$3,353,003
Program services expenses (Part IX)
$1,346,443
Management and general expenses
$282,495
Fundraising expenses
$86,461
Program service expenses (Part III)
$1,346,443

Program services were 78.5% 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)

    $104,500

  • 1f · All other contributions, gifts and grants

    $3,206,565

  • 2a · Program service revenue: CONSULTANCY INCOME

    total $30,000 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: CONTRACT SERVICES

    total $14,000 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $50,612 · unrelated business $0 · excluded $50,612

  • 6a · Gross rents

    real property $8,955

  • 6c · Rental income or loss

    real property $8,955

  • 6d · Net rental income or loss

    total $8,955 · excluded $8,955

  • 7a · Gross sales of assets other than inventory

    securities $375,120

  • 7b · Less cost or other basis and sales expenses

    securities $375,049

  • 7c · Gain or loss

    securities $71

  • 7d · Net gain or loss

    total $71 · related or exempt $0 · unrelated business $0 · excluded $71

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $2,178 · related or exempt $2,178 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $2,178

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $249,034 · program services $249,034

  • 2 · Grants to domestic individuals

    total $332,350 · program services $332,350

  • 5 · Compensation of officers, directors and key employees

    total $235,583 · program services $173,409 · management and general $46,630 · fundraising $15,544

  • 7 · Other salaries and wages

    total $168,588 · program services $141,136 · management and general $27,452 · fundraising $0

  • 9 · Other employee benefits

    total $22,720 · program services $17,682 · management and general $4,164 · fundraising $874

  • 10 · Payroll taxes

    total $32,069 · program services $24,958 · management and general $5,878 · fundraising $1,233

  • 11c · Fees: accounting

    total $74,000 · program services $0 · management and general $74,000 · fundraising $0

  • 11d · Fees: lobbying

    total $45,300 · program services $45,300 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $260,161 · program services $177,215 · management and general $82,946 · fundraising $0

  • 12 · Advertising and promotion

    total $1,307 · program services $750 · management and general $557 · fundraising $0

  • 16 · Occupancy

    total $6,383 · program services $6,383 · management and general $0 · fundraising $0

  • 17 · Travel

    total $9,377 · program services $4,762 · management and general $4,572 · fundraising $43

  • 19 · Conferences, conventions and meetings

    total $6,922 · program services $0 · management and general $6,922 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $9,823 · program services $7,645 · management and general $1,801 · fundraising $377

  • 23 · Insurance

    total $7,370 · program services $5,735 · management and general $1,351 · fundraising $284

  • 24a · Other expenses: DIGITAL ONLINE SERVICES

    total $12,512 · program services $906 · management and general $11,606 · fundraising $0

  • 24b · Other expenses: DEVELOPMENT FEES

    total $73,186 · program services $7,634 · management and general $5,552 · fundraising $60,000

  • 24c · Other expenses: MEALS AND ENTERTAINMENT

    total $21,028 · program services $19,232 · management and general $1,796 · fundraising $0

  • 24d · Other expenses: MISCELLANEOUS

    total $5,963 · program services $3,128 · management and general $2,835 · fundraising $0

  • 24e · All other expenses

    total $141,723 · program services $129,184 · management and general $4,433 · fundraising $8,106

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $136,421 · end of year $563,149

  • 2 · Savings and temporary cash investments

    beginning of year $3,834 · end of year $3,415

  • 3 · Pledges and grants receivable

    beginning of year $490,100 · end of year $1,687,786

  • 7 · Other notes and loans receivable

    beginning of year $84,625 · end of year $88,506

  • 9 · Prepaid expenses and deferred charges

    beginning of year $26,468 · end of year $25,692

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

    $40,651

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

    $24,558

  • 10c · Land, buildings and equipment, net

    beginning of year $22,916 · end of year $16,093

  • 11 · Investments: publicly traded securities

    beginning of year $885,577 · end of year $982,992

  • 14 · Intangible assets

    beginning of year $3,600 · end of year $2,400

  • 15 · Other assets

    beginning of year $16,683 · end of year $16,583

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,404 · end of year $33,613

  • 18 · Grants payable

    beginning of year $150

  • 27 · Net assets without donor restrictions

    beginning of year $598,837 · end of year $650,845

  • 28 · Net assets with donor restrictions

    beginning of year $1,055,833 · end of year $2,702,158

Mission and programs · 2025

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 $1,346,443 · Grants $581,384 · Revenue $44,000

As filed on the 2025 return.

Listed in Part VII

  • Randi Berry

    BOARD MEMBER/EXECUTIVE DIRECTOR

    Total calculated
    $154,429
    From this org
    $154,429
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $154,429
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $154,429

  • Veshonte Brown

    BOARD MEMBER/PROGRAM MANAGER

    Total calculated
    $79,351
    From this org
    $79,351
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Maya Quetzali Gonzales

    BOARD MEMBER

    Total calculated
    $800
    From this org
    $800
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Raquel Almazan

    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

  • Candace Jackson

    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

  • Dechelle Damien

    BOARD MEMBER/PROGRAM MANAGER

    Total calculated
    $0
    Hours/week
    1

  • Siobhan O'Neill

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Marty Linsky

    BOARD EMERITUS

    Total calculated
    $0
    Hours/week
    1

  • Paul Lelbowitz

    BOARD EMERITUS

    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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

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

Provenance

Return type
form_990
Tax year
2025
Filed
5 June 2026
IRS schema version
2025v4.1
Source object
202631569349300118

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

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