Distrikt EIN 27-3035295 Form 990 (PDF) Claim this org

Distrikt FY2022 filing

Not yet claimed Claim this org →

Organizes year-round public events featuring dance, music, and art performers. For fiscal year 2022 it reported $215K in revenue, $250K in expenses, and $101K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Reno, NV
Filings
5 on file (2020–2022)
Revenue
$215KFY2022
Expenses
$250K
Net assets
$101K
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  27-3035295 Public charity (501(c)(3)) Reno, NV
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Distrikt claims this page.

Know this organization? Claim it to add your story

Size
<$100K
What they do
Organizes year-round public events featuring dance, music, and art performers.
Leadership
Benjamin Seagren · Vice President · $4K
Money in and out
$215K revenue, $250K expenses
Bottom line
55% program efficiency
Where the money goes · FY2022
Total revenue
$215K
Pt VIII · Ln 12
Total expenses
$250K
Pt IX · Ln 25
Net assets
$101K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$35K
Where spending went · Part IX cols B–D
Program services $0.55 Management & general $0.04 Fundraising $0.41
Program efficiency
55%
of spending reaches programs
Operating runway
0.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
-16%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$215K
FY2022▼ -17%
Expenses
$250K
FY2022▲ +88%
Total assets
$123K
FY2022▼ -6%
Total liabilities
$22K
FY2022▲ ×641
Total revenue
$215K
Pt VIII · Ln 12
Total expenses
$250K
Pt IX · Ln 25
Net assets
$101K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$35K
Total assetsPt X · Ln 16$123K
Program-expense ratioPt IX · col B55%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $137K of program spending, described in the organization's own filed words · FY2022.
01

Distrikt organizes public events. We have dance, music and art performers at our organized events. The events take place once a quarter at various places around the united states.

$137Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDistrikt
EINHdr · item D27-3035295
Principal addressHdr · item CReno, NV
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNV
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A20)
Ruling yearIRS BMFOct 2010

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aNo
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Vice President
$4,500Pt VII · Sec A
$1,500Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Benjamin Seagren’s $4K as Vice President is at the 24th percentile of top reported officer pay among 250 <$100K 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.

See Distrikt executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants100%$215K
Investment income$4
Other revenue$790
Total revenueLn 12$215K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.55 Management & general $0.04 Fundraising $0.41
Program services55%$137K
Management & general4%$10K
Fundraising41%$104K
Total functional expensesLn 25$250K

Balance Sheet

Part X · end of year
CashLn 1$20K
Total assetsLn 16$123K
Total liabilitiesLn 26$22K
Total net assetsLn 32$101K
Months of cash on handcomputed0.9

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $20K · Operating expenses/yr $250K
0.9 months
Where the money goes
Program services
Program services $137K · Total expenses $250K
55%
Management & General
Management & general $10K · Total expenses $250K
4%
Fundraising
Fundraising $104K · Total expenses $250K
41%
Cost to raise $1
Fundraising expense (3-yr avg) $83K · Solicited contributions (3-yr avg) $165K
$0.50 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $215K · Total revenue $215K
100%
Government reliance
Government grants $0 · Total revenue $215K
0%
Earned-income share
Program service revenue $0 · Total revenue $215K
0%
Investment reliance
Investment income $4 · Total revenue $215K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $250K
0%
Growth & trend
Revenue growth (YoY)
This year $215K · Prior year $258K
-17%
Net-asset trend (YoY)
End of year $101K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $215K · Expenses $250K
-16%
Liabilities-to-Assets
Total liabilities — · Total assets $123K
Net-asset ratio
Net assets $101K · Total assets $123K
82%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $123K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Benjamin Seagren · Reported title VICE PRESIDENT · Highest reported compensation $4K · Total expenses $250K
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $6K · Total expenses $250K
2%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 55%
Overhead ratio 4%
Fundraising cost ratio 48%
Revenue growth -17%
Legal fee ratio 0.2%
Accounting fee ratio 1.0%

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 1 funder$10K

Similar Organizations

Closest in mission — by what they do
See all organizations like Distrikt →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

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)$29K revenue · ⤓ 990 PDF
FY2023$193K revenue · ⤓ 990 PDF
FY2022$215K revenue · viewing · ⤓ 990 PDF
FY2021$258K revenue · ⤓ 990 PDF
FY2020$23K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.