Roulette Intermedium INC EIN 36-3046751

Roulette Intermedium INC FY2022 filing

EIN  36-3046751 Public charity (501(c)(3)) Brooklyn, NY
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Verified accurate 8/31/26 · see original filing: IRS
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Size
$1–10M
What they do
Supports innovative composers and musicians by presenting their work in professional NYC concerts.
Leadership
James S Staley · President/Artistic Director · $99K
Money in and out
$2.7M revenue, $2.1M expenses
Bottom line
85% program efficiency

Supports innovative composers and musicians by presenting their work in professional NYC concerts. For fiscal year 2022 it reported $2.7M in revenue, $2.1M in expenses, and $1.7M in net assets.Pt I

Where the money goes · FY2022
Total revenue
$2.7M
Pt VIII · Ln 12
Total expenses
$2.1M
Pt IX · Ln 25
Net assets
$1.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $624K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.10 Fundraising $0.05
Program efficiency
85%
of spending reaches programs
Operating runway
8.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+23%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$2.7M
FY2022▲ +46%
Expenses
$2.1M
FY2022▲ +12%
Total assets
$2.5M
FY2022▲ +28%
Total liabilities
$823K
FY2022▼ -8%
Total revenue
$2.7M
Pt VIII · Ln 12
Total expenses
$2.1M
Pt IX · Ln 25
Net assets
$1.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$624K
Total assetsPt X · Ln 16$2.5M
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 319
Independent voting membersPt I · Ln 418
Mission & Programs · Part III

Where the work happens

1 program service account for $1.8M of program spending, described in the organization's own filed words · FY2021.
01

Presentation of new and experimental music and related art forms.

$1.8Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRoulette Intermedium INC
EINHdr · item D36-3046751
Principal addressHdr · item CBrooklyn, NY
WebsiteHdr · item Jroulette.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A600)
Ruling yearIRS BMFMay 1981

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a19
Independent voting membersPt VI · Ln 1b18
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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 · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President/Artistic Director
$99,292Pt VII · Sec A
Executive Director
$67,055Pt VII · Sec A
Board Member
$48,510Pt VII · Sec A
Board Member
$42,000Pt VII · Sec A
$1,000Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Jamie Burns’s $90K as Executive Director (until October 2025) is at the 25th 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 · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
James S Staley$85,417$125,667$124,000$99,292$93,000$117,000
Jamie Burns$90,033$85,397$84,495$67,055
David Weinstein$50,000$47,917$50,917$42,000$39,500$43,500
Emily Bookwalter$48,510
William Parker$5,000$4,000
George Lewis$5,000
Ned Rothernberg$2,800$1,000
Ned Rothenberg$2,000$1,500

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$2.0M · 74%
Program service revenue$714K · 26%
Contributions & grants74%$2.0M
Program service revenue26%$714K
Investment income$236
Other revenue$3K
— government grantsLn 1e$1.1M
Total revenueLn 12$2.7M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.10 Fundraising $0.05
Program services85%$1.8M
Management & general10%$210K
Fundraising5%$102K
Total functional expensesLn 25$2.1M

Balance Sheet

Part X · end of year
CashLn 1$1.4M
Total assetsLn 16$2.5M
Total liabilitiesLn 26$823K
Total net assetsLn 32$1.7M
Months of cash on handcomputed8.1

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.4M · Operating expenses/yr $2.1M
8.1 months
Where the money goes
Program services
Program services $1.8M · Total expenses $2.1M
85%
Management & General
Management & general $210K · Total expenses $2.1M
10%
Fundraising
Fundraising $102K · Total expenses $2.1M
5%
Cost to raise $1
Fundraising expense (3-yr avg) $132K · Solicited contributions (3-yr avg) $998K
$0.13 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $2.0M · Total revenue $2.7M
74%
Government reliance
Government grants $1.1M · Total revenue $2.7M
40%
Earned-income share
Program service revenue $714K · Total revenue $2.7M
26%
Investment reliance
Investment income $236 · Total revenue $2.7M
0%
Program self-sufficiency
Program service revenue $714K · Total expenses $2.1M
34%
Growth & trend
Revenue growth (YoY)
This year $2.7M · Prior year $1.9M
+46%
Net-asset trend (YoY)
End of year $1.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.7M · Expenses $2.1M
+23%
Liabilities-to-Assets
Total liabilities — · Total assets $2.5M
Net-asset ratio
Net assets $1.7M · Total assets $2.5M
67%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.5M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual James S Staley · Reported title PRESIDENT/ARTISTIC DIRECTOR · Highest reported compensation $99K · Total expenses $2.1M
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.1M · Total expenses $2.1M
50%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 10%
Fundraising cost ratio 5%
Revenue growth 46%
Legal fee ratio 0%
Accounting fee ratio 1%

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
See all 19 funders →
Grants paid · 4 grants · $41K · 2021–2022
Razom INCNY · FY2021$7,309

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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)$2.8M revenue · ⤓ 990 PDF
FY2024$2.3M revenue · ⤓ 990 PDF
FY2023$2.3M revenue · ⤓ 990 PDF
FY2022$2.7M revenue · viewing · ⤓ 990 PDF
FY2021$1.9M revenue · ⤓ 990 PDF
FY2020$1.7M revenue · ⤓ 990 PDF

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Sources

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