Parallel Exit INC FY2022 filing
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Teaches physical theatre arts to children through school programs. For fiscal year 2022 it reported $271K in revenue, $260K in expenses, and $42K in net assets.Pt I
Summary of the Filing
Where the work happens
Parallel exit creates mainstage productions that are accessible and of interest to family audiences. New works for the stage are created with the overarching goal to provide moments of inspirational creativity that can only be experienced live.
Parallel exit creates mainstage productions that are accessible and of interest to family audiences. New works for the stage are created with the overarching goal to provide moments of inspirational creativity that can only be experienced live.
Parallel exit presents free community performances for family audiences throughout new york city. These performances are often presented in partnership with other nonprofit institutions such as the brooklyn academy of music and the brooklyn public library.
Paralel exit presents free community performances for family audiences throughout new york CITY.THESE performances are often presented in partnership with other nonprofit institutions such as the brooklyn academy of music and the brooklyn public library.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 95% | — | — |
| Overhead ratio | 1% | — | — |
| Fundraising cost ratio | 11% | — | — |
| Revenue growth | 376% | — | — |
| Investment management fee ratio | 3% | — | — |
| Accounting 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.
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