Crow Comedy INC EIN 88-2451487 Form 990 (PDF) Claim this org

Crow Comedy INC FY2024 filing

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Uses comedy and storytelling to promote expression, healing, and social progress. For fiscal year 2024 it reported $313K in revenue, $217K in expenses, and $101K in net assets.Pt I

Founded
2023
Type
Public charity (501(c)(3)) · Arts & Culture
Location
Santa Monica, CA
Website
www.crowcomedy.com
Filings
3 on file (2023–2024)
Revenue
$313KFY2024
Expenses
$217K
Net assets
$101K
People
8
Filings
3
Updates
0
More identity details & actions ⌄
EIN  88-2451487 Public charity (501(c)(3)) Santa Monica, CA Founded 2023
Form 990 (PDF)
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Size
$100K–1M
What they do
Uses comedy and storytelling to promote expression, healing, and social progress.
Leadership
Jeff Morrow · Director
Money in and out
$313K revenue, $217K expenses
Bottom line
60% program efficiency
Where the money goes · FY2024
Total revenue
$313K
Pt VIII · Ln 12
Total expenses
$217K
Pt IX · Ln 25
Net assets
$101K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $96K
Where spending went · Part IX cols B–D
Program services $0.60 Management & general $0.24 Fundraising $0.16
Program efficiency
60%
of spending reaches programs
Operating runway
4.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+31%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$313K
FY2024▲ +338%
Expenses
$217K
FY2024▲ +227%
Total assets
$101K
FY2024▲ +175%
Total liabilities
$861
FY2024▼ -97%
Total revenue
$313K
Pt VIII · Ln 12
Total expenses
$217K
Pt IX · Ln 25
Net assets
$101K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$96K
Total assetsPt X · Ln 16$101K
Program-expense ratioPt IX · col B60%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCrow Comedy INC
EINHdr · item D88-2451487
Principal addressHdr · item CSanta Monica, CA
WebsiteHdr · item Jwww.crowcomedy.com
Year of formationHdr · item L2023
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A60)
Ruling yearIRS BMFJan 2023

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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $130K of program spending, described in the organization's own filed words · FY2024.
01

We offer a range of classes and summer camps for all ages to nurture comedic talent and storytelling skills.

$64Kprogram expense
02

The bergamot comedy festival, a new community-focused performance and networking opportunity designed to bridge the gap between industry and rising talent that uses comedy and storytelling to create a path to understanding and societal change.

$51Kprogram expense
03

Storyectomy is a community-driven mental health initiative using the art of storytelling and comedy to provide light, love, and healing.

$15Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$224K · 72%
Contributions & grants$89K · 28%
Program service revenue72%$224K
Contributions & grants28%$89K
— government grantsLn 1e$25K
Total revenueLn 12$313K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.60 Management & general $0.24 Fundraising $0.16
Program services60%$130K
Management & general24%$53K
Fundraising16%$34K
Total functional expensesLn 25$217K

Balance Sheet

Part X · end of year
CashLn 1$72K
Total assetsLn 16$101K
Total liabilitiesLn 26$861
Total net assetsLn 32$101K
Months of cash on handcomputed4.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $72K · Operating expenses/yr $217K
4.0 months
Where the money goes
Program services
Program services $130K · Total expenses $217K
60%
Management & General
Management & general $53K · Total expenses $217K
24%
Fundraising
Fundraising $34K · Total expenses $217K
16%
Cost to raise $1
Fundraising expense $34K · Solicited contributions $64K
$0.54 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $89K · Total revenue $313K
28%
Government reliance
Government grants $25K · Total revenue $313K
8%
Earned-income share
Program service revenue $224K · Total revenue $313K
72%
Investment reliance
Investment income $0 · Total revenue $313K
0%
Program self-sufficiency
Program service revenue $224K · Total expenses $217K
103%
Growth & trend
Revenue growth (YoY)
This year $313K · Prior year $71K
+338%
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 $313K · Expenses $217K
+31%
Liabilities-to-Assets
Total liabilities — · Total assets $101K
Net-asset ratio
Net assets $101K · Total assets $101K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $101K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jeff Morrow · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $217K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $66K · Total expenses $217K
30%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 60%
Overhead ratio 24%
Fundraising cost ratio 39%
Revenue growth 338%
Fundraising fee ratio 16%

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

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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)$624K revenue · ⤓ 990 PDF
FY2024$313K revenue · viewing · ⤓ 990 PDF
FY2023$71K 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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