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Nonprofiteer
← VERSE VIDEO EDUCATION INC

Form 990 for tax year 2023

Filed by VERSE VIDEO EDUCATION INC.

What the amendment changed

Compared with the return it replaced , filed 15 November 2024. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total expenses
$1,213,103 changed to $1,213,104
Total assets, end of year
$2,144,314 changed to $2,144,313
Net assets or fund balances, end of year
$2,016,859 changed to $2,016,858
Program services expenses
$928,498 changed to $973,307
Management and general expenses
$232,331 changed to $180,342
Fundraising expenses
$52,274 changed to $59,455
Program service expenses (Part III)
$928,498 changed to $973,307

Totals

Total revenue
$1,399,126
Total expenses
$1,213,104
Contributions and grants received
$1,395,216
Grants paid
$0
Program service revenue
$3,910
Investment income
$0
Other revenue
$0
Total assets, end of year
$2,144,313
Total liabilities, end of year
$127,455
Net assets or fund balances, end of year
$2,016,858
Program services expenses (Part IX)
$973,307
Management and general expenses
$180,342
Fundraising expenses
$59,455
Program service expenses (Part III)
$973,307

Program services were 80.2% 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

    $1,395,216

  • 2a · Program service revenue: ROYALTIES

    total $3,910 · related or exempt $3,910

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $444,639 · program services $341,593 · management and general $59,371 · fundraising $43,675

  • 10 · Payroll taxes

    total $36,135 · program services $27,860 · management and general $4,731 · fundraising $3,544

  • 11b · Fees: legal

    total $58,557 · program services $37,276 · management and general $21,281

  • 11c · Fees: accounting

    total $71,300 · management and general $71,300

  • 11g · Fees: other

    total $12,942 · program services $11,581 · management and general $778 · fundraising $583

  • 12 · Advertising and promotion

    total $29,829 · program services $29,829

  • 13 · Office expenses

    total $70,762 · program services $53,554 · management and general $10,650 · fundraising $6,558

  • 17 · Travel

    total $5,781 · program services $5,636 · management and general $145

  • 22 · Depreciation, depletion and amortization

    total $15,636 · program services $12,020 · management and general $2,109 · fundraising $1,507

  • 23 · Insurance

    total $18,211 · program services $15,313 · management and general $1,710 · fundraising $1,188

  • 24a · Other expenses: PRODUCTION - OTHER

    total $251,107 · program services $248,607 · management and general $2,500

  • 24b · Other expenses: LICENSING FEES

    total $87,718 · program services $87,718

  • 24c · Other expenses: DUES AND SUBSCRIPTIONS

    total $37,706 · program services $30,889 · management and general $4,417 · fundraising $2,400

  • 24d · Other expenses: ANIMATION/GRAPHICS

    total $29,098 · program services $29,098

  • 24e · All other expenses

    total $43,683 · program services $42,333 · management and general $1,350

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,456,351 · end of year $2,060,486

  • 3 · Pledges and grants receivable

    beginning of year $400,000 · end of year $50,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $18,016 · end of year $10,182

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

    $109,791

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

    $86,146

  • 10c · Land, buildings and equipment, net

    beginning of year $39,281 · end of year $23,645

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $82,812 · end of year $127,455

  • 27 · Net assets without donor restrictions

    beginning of year $1,247,888 · end of year $1,421,689

  • 28 · Net assets with donor restrictions

    beginning of year $582,948 · end of year $595,169

Mission and programs · 2023

Mission

THE MISSION OF VERSE VIDEO EDUCATION INC IS DEDICATED TO DEVELOPING VIDEO AND ACCOMPANYING CURRICULAR MATERIALS IN THE ARTS AND HUMANITIES AND BEYOND; CREATING A BODY OF EDUCATIONAL CONTENT CAPABLE OF REACHING A BROAD COMMUNITY OF LEARNERS - FORMAL AND INFORMAL, ON-LINE AND RESIDENTIAL, YOUNG AND OLD, AMERICAN AND INTERNATIONAL; AND ENHANCING EDUCATIONAL EXPERIENCES, BOTH WITHIN AND OUTSIDE OF THE CLASSROOM.

  • TV SERIES:-SIGNED CONTRACT WITH WGBH BOSTON FOR POETRY IN AMERICA, A 13-EPISODE PUBLIC TELEVISION SERIES HOSTED BY PROF. ELISA NEW AND GEARED TOWARD NATIONAL DISTRIBUTION.-BEGAN PRODUCTION FOR TV SERIES.-SECURED FULL FUNDING FOR SERIES PRODUCTION.

    Expenses $777,168 · Revenue $3,910

  • TEACHER PROFESSIONAL DEVELOPMENT ONLINE COURSES:-DEVELOPED BRAND NEW VIDEO-BASED CURRICULUM COMBINING POETRY EDUCATION AND PEDAGOGY FOR A GLOBAL AUDIENCE OF EDUCATORS.

    Expenses $96,695

  • SHORT-FORM EDUCATIONAL MEDIA PROJECTS FOR THIRD-PARTY ORGANIZATIONS AND INSTITUTIONS:-COMPLETED VIDEO PRODUCTION FOR COLLABORATION BETWEEN GREENWICH COUNTRY DAY SCHOOL, SUCCESS ACADEMY, AND POETRY IN AMERICA, CULMINATING IN A 9 VIDEO POETRY PEDAGOGY SERIES-PRODUCED VIDEO FOR AN UPDATE OF THE HARVARD GRADUATE SCHOOL OF EDUCATION PROJECT ZERO INITIATIVE

    Expenses $99,444

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

Listed in Part VII

  • Elisa New

    PRESIDENT AND CEO

    Total calculated
    $0
    Hours/week
    27

  • Robert Pinsky

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Gregory Haile

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Mary Sauer

    TREASURER

    Total calculated
    $0
    Hours/week
    1.2

  • Larry Berger

    CLERK

    Total calculated
    $0
    Hours/week
    1

  • Leah Reis-Dennis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nick Melvoin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Judy Rubin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Bredar

    DIRECTOR

    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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
23 January 2025
IRS schema version
2023v6.0
Source object
202530239349300628

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