Penguin Players Ltd FY2023 filing

Tax-deductible

Thiells, NY501(c)(3)EIN 13-3014697

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The organization provides theatrical performances and cultural activities for the public.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
$44K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $44K a year · 8% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$44K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $140K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$34K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$739K
+11% vs prior year
Spent
$672K
To programs
96%
Net assets
$392K
By yearFY2020–FY2024
Revenue
$739K
FY2023▲ +11%
Revenue by fiscal year
FY2020$191K
FY2021$495K
FY2022$667K
FY2023$739K
FY2024$824K
Expenses
$672K
FY2023▼ -18%
Expenses by fiscal year
FY2020$177K
FY2021$228K
FY2022$817K
FY2023$672K
FY2024$803K
Net assets
$392K
FY2023▲ +21%
Net assets by fiscal year
FY2020$208K
FY2021$475K
FY2022$325K
FY2023$392K
FY2024$413K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1980.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $648K Management & general 3% · $23K Fundraising 0% · $1K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

17 people listed on the 990; $44K paid to officers and key staff.

Part VII, Section A · reportable compensation
Artistic Director
$44,000Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Joseph Brancato$44,000$44,000$79,797$43,740$2,000

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Presents theatrical performances and cultural activities for the public.

Provided by the organization

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1 program service account for $648K of program spending, described in the organization's own filed words · FY2023.
01

Presented productions and several theatrical events and childrens programs to the general public.

$648Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 4 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$739K
Ln 12
Gifts and grantsLn 1h$458K
Fees for servicesLn 2g$281K
Money outPt IX
$672K
Ln 25
Programscol B$648K
Managementcol C$23K
Fundraisingcol D$1K
Owns and owesPt X
$392K
net assets · Ln 32
Cash and savingsLn 1–2$321K
Total assetsLn 16$426K
LiabilitiesLn 26$34K
PeoplePt VI, VII
17
listed · VII A
PaidVII A1
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$458K
Fees for servicesLn 2g$281K
Total revenueLn 12$739K
Assets in detailPt X, end of year
CashLn 1$321K
Cash and savings togetherLn 1–2$321K
Land, buildings, equipmentLn 10c$83K
Other assetsLn 15$22K
Total assetsLn 16$426K
LiabilitiesLn 26$34K
Net assetsLn 32$392K
OperationsPt I, VI
EmployeesI 510
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$229K$321K
Land, buildings, equipmentLn 10c$71K$83K
Total assetsLn 16$345K$426K
LiabilitiesLn 26$20K$34K
Net assetsLn 32$325K$392K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$44K$43K$1K
Other salaries and wagesLn 7$167K$160K$7K
Other employee benefitsLn 9$37K$37K
Payroll taxesLn 10$39K$39K
Advertising and promotionLn 12$20K$20K
Office expensesLn 13$53K$50K$2K
OccupancyLn 16$47K$45K$2K
Depreciation, depletion and amortizationLn 22$7K$7K$134
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$253K$242K$10K$1K
Total functional expensesLn 25$672K$648K$23K$1K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $824K$803K$20K$413K 990 PDF
FY2023 Viewing $739K$672K$67K$392K 990 PDF
FY2022 $667K$817K−$150K$325K 990 PDF
FY2021 $495K$228K$267K$475K 990 PDF
FY2020 $191K$177K$15K$208K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $738,911 across 4 lines filed
VIII-1f All other contributions, gifts and grants$458,307
VIII-1h Total contributions, gifts and grants$458,307
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $280,604$280,604
VIII-12 Total revenueRelated to mission $280,604 · Unrelated business $0 · Excluded from tax $0$738,911
Part IX · Statement of functional expenses $671,787 across 10 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $42,774 · Management $1,226$44,000
IX-7 Other salaries and wagesPrograms $160,245 · Management $6,774$167,019
IX-9 Other employee benefitsPrograms $37,151$37,151
IX-10 Payroll taxesPrograms $38,964$38,964
IX-12 Advertising and promotionPrograms $20,145$20,145
IX-13 Office expensesPrograms $50,380 · Management $2,234$52,614
IX-16 OccupancyPrograms $45,240 · Management $1,937$47,177
IX-22 Depreciation, depletion and amortizationPrograms $6,548 · Management $134$6,682
IX-23 InsurancePrograms $4,920$4,920
IX-24 Other expenses (24a–d)Programs $241,865 · Management $10,250 · Fundraising $1,000$253,115
IX-25 Total functional expensesPrograms $648,232 · Management $22,555 · Fundraising $1,000$671,787
Part X · Balance sheet $426,421 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $229,163$321,124
X-10c Land, buildings and equipment, netStart of year $71,432$83,150
X-15 Other assetsStart of year $22,147$22,147
X-16 Total assetsStart of year $344,778$426,421
X-25 Other liabilitiesStart of year $19,589$34,107
X-26 Total liabilitiesStart of year $19,589$34,107
X-27 Net assets without donor restrictionsStart of year $325,189$392,314
X-32 Total net assets or fund balancesStart of year $325,189$392,314
X-33 Total liabilities and net assetsStart of year $344,778$426,421
Part XI · Reconciliation of net assets $392,314 net assets at year end
XI-1 Total revenue$738,911
XI-2 Total expenses$671,787
XI-3 Revenue less expenses$67,124
XI-4 Net assets at start of year$325,189
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$392,314

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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