Interact INC EIN 23-2555449

Interact INC FY2024 filing

EIN  23-2555449 Public charity (501(c)(3)) Philadelphia, PA
Form 990 (PDF)
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Size
$1–10M
What they do
Produces new plays exploring today's issues to educate and entertain audiences.
Leadership
Seth Rozin · Mbr/Fdr/Arti · $68K
Money in and out
$735K revenue, $1.3M expenses
Bottom line
83% program efficiency

Produces new plays exploring today's issues to educate and entertain audiences. For fiscal year 2024 it reported $735K in revenue, $1.3M in expenses, and $2.0M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$735K
Pt VIII · Ln 12
Total expenses
$1.3M
Pt IX · Ln 25
Net assets
$2.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$571K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.14 Fundraising $0.03
Program efficiency
83%
of spending reaches programs
Operating runway
1.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-78%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$735K
FY2024▼ -61%
Expenses
$1.3M
FY2024▲ +7%
Total assets
$4.5M
FY2024▼ -10%
Total liabilities
$2.4M
FY2024▲ +3%
Total revenue
$735K
Pt VIII · Ln 12
Total expenses
$1.3M
Pt IX · Ln 25
Net assets
$2.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$571K
Total assetsPt X · Ln 16$4.5M
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 414
Mission & Programs · Part III

Where the work happens

1 program service account for $1.1M of program spending, described in the organization's own filed words · FY2023.
01

Mainstage productions and readings of contemporary, thought-provoking plays, providing work opportunities for more than 100 local artists and support staff, reaching a general public of 7,500. Educational workshops and residencies, focusing on conflict resolution in local schools, colleges, and community centers.

$1.1Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CInteract INC
EINHdr · item D23-2555449
Principal addressHdr · item CPhiladelphia, PA
WebsiteHdr · item Jwww.interacttheatre.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A650)
Ruling yearIRS BMFNov 1989

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Mbr/Fdr/Arti
$68,313Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Co-Vice Chai
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Seth Rozin’s $71K as Mbr/Fdr/Arti is at the 12th percentile of top reported officer pay among 3916 $1–10M 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Seth Rozin$71,050$68,313$65,756$63,756$65,164$61,673

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
Contributions & grants$501K · 68%
Program service revenue$229K · 31%
Investment income$4K · 1%
Contributions & grants68%$501K
Program service revenue31%$229K
Investment income1%$4K
— government grantsLn 1e$68K
Total revenueLn 12$735K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.14 Fundraising $0.03
Program services83%$1.1M
Management & general14%$179K
Fundraising3%$38K
Total functional expensesLn 25$1.3M

Balance Sheet

Part X · end of year
CashLn 1$151K
Total assetsLn 16$4.5M
Total liabilitiesLn 26$2.4M
Total net assetsLn 32$2.0M
Months of cash on handcomputed1.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $151K · Operating expenses/yr $1.3M
1.4 months
Where the money goes
Program services
Program services $1.1M · Total expenses $1.3M
83%
Management & General
Management & general $179K · Total expenses $1.3M
14%
Fundraising
Fundraising $38K · Total expenses $1.3M
3%
Cost to raise $1
Fundraising expense (3-yr avg) $34K · Solicited contributions (3-yr avg) $819K
$0.04 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $501K · Total revenue $735K
68%
Government reliance
Government grants $68K · Total revenue $735K
9%
Earned-income share
Program service revenue $229K · Total revenue $735K
31%
Investment reliance
Investment income $4K · Total revenue $735K
+1%
Program self-sufficiency
Program service revenue $229K · Total expenses $1.3M
18%
Growth & trend
Revenue growth (YoY)
This year $735K · Prior year $1.9M
-61%
Revenue CAGR
FY2019 $839K · FY2023 $735K
-3%
Net-asset trend (YoY)
End of year $2.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $735K · Expenses $1.3M
-78%
Liabilities-to-Assets
Total liabilities — · Total assets $4.5M
Net-asset ratio
Net assets $2.0M · Total assets $4.5M
45%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.5M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Seth Rozin · Reported title MBR/FDR/ARTI · Highest reported compensation $68K · Total expenses $1.3M
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $556K · Total expenses $1.3M
43%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 14%
Fundraising cost ratio 8%
Revenue growth -61%
Accounting fee ratio 2%

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 · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$31K
Grants paid · 1 grant · $8K · 2022–2022
Cair-PennsylvaniaPA · FY2022$7,500

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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
FY2025 (Latest)$1.0M revenue · ⤓ 990 PDF
FY2024$735K revenue · viewing · ⤓ 990 PDF
FY2023$1.9M revenue · ⤓ 990 PDF
FY2022$935K revenue · ⤓ 990 PDF
FY2021$782K revenue · ⤓ 990 PDF
FY2020$839K 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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