Triskelion Arts-Kick-Standance INC EIN 11-3595320

Triskelion Arts-Kick-Standance INC

EIN  11-3595320 Public charity (501(c)(3)) Brooklyn, NY
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Provides affordable space and opportunities for performing arts development and presentation.
Leadership
Rachel McKinstry · Executive Dir. · $63K
Money in and out
$580K revenue, $655K expenses
Bottom line
78% program efficiency

Provides affordable space and opportunities for performing arts development and presentation. For fiscal year 2024 it reported $580K in revenue, $655K in expenses, and $-320K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$580K
Pt VIII · Ln 12
Total expenses
$655K
Pt IX · Ln 25
Net assets
$-320K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$75K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.15 Fundraising $0.07
Program efficiency
78%
of spending reaches programs0% vs prior filing year
Operating runway
0.8mo
months of highly liquid reserves at operating expense rate▼ -47% vs prior filing year
Surplus margin
-13%
revenue over expenses, this year▼ -38% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$580K
FY2024▲ +1%
Expenses
$655K
FY2024▲ +4%
Total assets
$924K
FY2024▼ -17%
Total liabilities
$1.2M
FY2024▼ -13%
Total revenue
$580K
Pt VIII · Ln 12
Total expenses
$655K
Pt IX · Ln 25
Net assets
$-320K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$75K
Total assetsPt X · Ln 16$924K
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $510K of program spending, described in the organization's own filed words · FY2024.
01

Triskelion Arts Has Two Core Activities

The Rental Program and Triskelion Arts Presents Productions. The Rental Program provides affordable rehearsal, class, and performance space to the general public for predominantly works of dance and theater, comedy, circus, variety arts, and fitness.

$510Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTriskelion Arts-Kick-Standance INC
EINHdr · item D11-3595320
Principal addressHdr · item CBrooklyn, NY
WebsiteHdr · item Jwww.triskelionarts.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A62)
Ruling yearIRS BMFNov 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$63,000Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Rachel McKinstry’s $63K as Executive Dir. is at the 58th percentile of top reported officer pay among 2212 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020FY2019
Rachel McKinstry$63,000$62,295$62,064$62,000$23,323
Anna Wotring$57,189$19,690
Hannah Wendel$49,921$50,000$5,022
Rachel McKinstry$25,483
David Glista$13,300

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$295K · 51%
Contributions & grants$290K · 50%
Program service revenue51%$295K
Contributions & grants50%$290K
— government grantsLn 1e$131K
Total revenueLn 12$580K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.15 Fundraising $0.07
Program services78%$510K
Management & general15%$100K
Fundraising7%$45K
Total functional expensesLn 25$655K

Balance Sheet

Part X · end of year
CashLn 1$46K
Total assetsLn 16$924K
Total liabilitiesLn 26$1.2M
Total net assetsLn 32$-320K
Months of cash on handcomputed0.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $46K · Operating expenses/yr $655K
0.8 months
Where the money goes
Program services
Program services $510K · Total expenses $655K
78%
Management & General
Management & general $100K · Total expenses $655K
15%
Fundraising
Fundraising $45K · Total expenses $655K
7%
Cost to raise $1
Fundraising expense (3-yr avg) $44K · Solicited contributions (3-yr avg) $157K
$0.28 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $290K · Total revenue $580K
50%
Government reliance
Government grants $131K · Total revenue $580K
23%
Earned-income share
Program service revenue $295K · Total revenue $580K
51%
Investment reliance
Investment income $0 · Total revenue $580K
0%
Program self-sufficiency
Program service revenue $295K · Total expenses $655K
45%
Growth & trend
Revenue growth (YoY)
This year $580K · Prior year $574K
+1%
Revenue CAGR
FY2019 $343K · FY2024 $580K
+11%
Net-asset trend (YoY)
End of year $-320K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $580K · Expenses $655K
-13%
Liabilities-to-Assets
Total liabilities — · Total assets $924K
Net-asset ratio
Net assets $-320K · Total assets $924K
-35%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $924K
0%
People & payroll
Highest Reported Total Compensation
Individual Rachel McKinstry · Reported title Executive Dir. · Highest reported compensation $63K · Total expenses $655K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $206K · Total expenses $655K
31%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 15%
Fundraising cost ratio 15%
Revenue growth 1%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$55K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$580K revenue · viewing · ⤓ 990 PDF
FY2023$574K revenue · ⤓ 990 PDF
FY2022$372K revenue · ⤓ 990 PDF
FY2021$495K revenue · ⤓ 990 PDF
FY2020$170K revenue · ⤓ 990 PDF
FY2019$343K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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