42nd Street Moon

Tax-deductible

San Francisco, CA501(c)(3)Arts & CultureEIN 94-3202941Revenue $1.1M in FY2024

On file with the IRS42ndstmoon.orgPo Box 426470, 94142-6470 · San Francisco, CATax-exempt since Aug 1994Publicly supported — 509(a)(2)

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42nd Street Moon celebrates and preserves the arts and spirit of musical theatre by presenting intimately-staged performances of musical works, and through its education and outreach programs.

501(c)(3) charity; gifts are tax-deductible.
53¢ of each $1 spent went to programs.
Run by 50 volunteers and 118 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $11K a year · 1% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
53%
of spending
Worth a look: 53% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$96K
to officers and key staff · 9% of spending
Top officer’s pay higher than 98% of similar orgs
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.6 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$417K
195% of total assets
Concern: liabilities are 195% of assets; over 80%.
Pt X · Ln 26
Independent board members
15
of 16 voting members
Looks good: 15 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
-4% vs prior year
Spent
$1.1M
To programs
53%
Net assets
−$203K
By yearFY2020–FY2024
Revenue
$1.1M
FY2024▼ -4%
Tap a bar for its year
Revenue by fiscal year
FY2020$918K
FY2021$717K
FY2022$1.3M
FY2023$1.1M
FY2024$1.1M
Expenses
$1.1M
FY2024-0.05%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.0M
FY2021$716K
FY2022$1.2M
FY2023$1.1M
FY2024$1.1M
Net assets
−$203K
FY2024▲ +12%
Tap a bar for its year
Net assets by fiscal year
FY2020−$315K
FY2021−$339K
FY2022−$306K
FY2023−$230K
FY2024−$203K

From the FY2024 Form 990 (year ending June 2024) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1994.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

53 cents of each dollar spent went to programs.

Program services 53% · $563K Management & general 35% · $374K Fundraising 12% · $125K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

17 people listed on the 990; $96K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director - Part Year
$95,538Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
Board Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Daniel Thomas’s $96K as Executive Director - Part Year is at the 98th 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.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Daniel Thomas$95,538$96,000$96,939$94,923$88,250
Daren Ac Carollo————$87,500

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II3 listed

Programs and updates

Stages musicals and teaches theatre arts, celebrating musical theatre's spirit.

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Provided by the organization

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1 program · $563K · in their own filed words · FY2023
01

Beginning in 1993, 42ND street moon celebrated the lesser-known works of great theatre composers, receiving local and national acclaim for its efforts. As the company grew, the mission evolved to include more recent works that fit the intimate performance space, and that focused on the craft of singing and songwriting.

$563Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$837K
Fees for servicesLn 2g$269K
Investment incomeLn 3$5
Money outPt IX
$1.1M
Ln 25
Programscol B$563K
Managementcol C$374K
Fundraisingcol D$125K
Owns and owesPt X
−$203K
net assets · Ln 32
Cash and savingsLn 1–2$51K
Total assetsLn 16$214K
LiabilitiesLn 26$417K
PeoplePt VI, VII
17
listed · VII A
PaidVII A1
Voting boardVI 1a16
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$837K
Government grantsLn 1e$34K
Fees for servicesLn 2g$269K
Investment incomeLn 3$5
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$51K
Cash and savings togetherLn 1–2$51K
InvestmentsLn 11–13$3K
Land, buildings, equipmentLn 10c$103K
Other assetsLn 15$5K
Total assetsLn 16$214K
LiabilitiesLn 26$417K
Net assetsLn 32−$203K
OperationsPt I, VI
EmployeesI 5118
VolunteersI 650
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$86K$51K
InvestmentsLn 11–13$3K$3K
Land, buildings, equipmentLn 10c$15K$103K
Total assetsLn 16$161K$214K
LiabilitiesLn 26$390K$417K
Net assetsLn 32−$230K−$203K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$96K$96K
Other salaries and wagesLn 7$390K$258K$123K$8K
Pension plan contributionsLn 8$28K$28K
Other employee benefitsLn 9$45K$38K$7K
Payroll taxesLn 10$82K$48K$34K
Accounting feesLn 11c$20K$20K
Other fees for servicesLn 11g$10K$4K$5K
Advertising and promotionLn 12$20K$18K$2K
Office expensesLn 13$8K$534$7K
RoyaltiesLn 15$34K$34K
OccupancyLn 16$82K$77K$6K
TravelLn 17$1K$1K
InterestLn 20$9K$9K$610
Depreciation, depletion and amortizationLn 22$12K$10K$1K$581
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$194K$37K$41K$115K
All other expensesLn 24e$25K$10K$15K
Total functional expensesLn 25$1.1M$563K$374K$125K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.1M$1.1M$27K−$203K 990 PDF
FY2023 $1.1M$1.1M$77K−$230K 990 PDF
FY2022 $1.3M$1.2M$66K−$306K 990 PDF
FY2021 $717K$716K$2K−$339K 990 PDF
FY2020 $918K$1.0M−$115K−$315K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $1,088,039 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $677,476$836,747
I-9 Program service revenuePrior year $472,585$269,089
I-10 Investment incomePrior year $13$5
I-11 Other revenuePrior year −$11,504−$17,802
I-12 Total revenuePrior year $1,138,570$1,088,039
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $699,518$639,948
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $362,518$421,560
I-18 Total expensesPrior year $1,062,036$1,061,508
I-19 Revenue less expensesPrior year $76,534$26,531
Part VI · Governance 15 of 16 board members independent, 1 to look at
VI-1a Voting members of the governing body16
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,088,039 across 8 lines filed
Lines not itemized here account for $10,767 of total revenue; see the IRS return.
VIII-1e Government grants$33,787
VIII-1f All other contributions, gifts and grants$802,960
VIII-1h Total contributions, gifts and grants$836,747
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $269,089$269,089
VIII-3 Investment incomeExcluded from tax $5$5
VIII-6 Net rental income or lossUnrelated business −$28,880−$28,880
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $311$311
VIII-12 Total revenueRelated to mission $269,089 · Unrelated business −$18,113 · Excluded from tax $316$1,088,039
Part IX · Statement of functional expenses $1,061,508 across 17 lines filed
IX-5 Pay of current officers, directors and key staffManagement $95,538$95,538
IX-7 Other salaries and wagesPrograms $258,296 · Management $123,325 · Fundraising $8,455$390,076
IX-8 Pension plan contributionsPrograms $27,553$27,553
IX-9 Other employee benefitsPrograms $37,752 · Management $7,359$45,111
IX-10 Payroll taxesPrograms $47,674 · Management $33,996$81,670
IX-11c Accounting feesManagement $19,722$19,722
IX-11g Other fees for servicesPrograms $4,500 · Management $5,018$9,518
IX-12 Advertising and promotionPrograms $17,918 · Management $2,284$20,202
IX-13 Office expensesPrograms $534 · Management $7,248$7,782
IX-15 RoyaltiesPrograms $33,866$33,866
IX-16 OccupancyPrograms $76,518 · Management $5,522$82,040
IX-17 TravelPrograms $1,315$1,315
IX-20 InterestManagement $8,755 · Fundraising $610$9,365
IX-22 Depreciation, depletion and amortizationPrograms $9,590 · Management $1,453 · Fundraising $581$11,624
IX-23 InsuranceManagement $6,883$6,883
IX-24 Other expenses (24a–d)Programs $37,222 · Management $41,457 · Fundraising $115,073$193,752
IX-24e All other expensesPrograms $10,186 · Management $15,305$25,491
IX-25 Total functional expensesPrograms $562,924 · Management $373,865 · Fundraising $124,719$1,061,508
Part X · Balance sheet $214,023 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $86,485$50,751
X-4 Accounts receivableStart of year $13,854$14,709
X-9 Prepaid expenses and deferred chargesStart of year $38,145$38,145
X-10c Land, buildings and equipment, netStart of year $14,835$102,831
X-12 Other securitiesStart of year $2,587$2,587
X-15 Other assetsStart of year $5,000$5,000
X-16 Total assetsStart of year $160,906$214,023
X-17 Accounts payable and accrued expensesStart of year $85,419$246,353
X-26 Total liabilitiesStart of year $390,419$417,005
X-27 Net assets without donor restrictionsStart of year −$234,513−$207,982
X-28 Net assets with donor restrictionsStart of year $5,000$5,000
X-32 Total net assets or fund balancesStart of year −$229,513−$202,982
X-33 Total liabilities and net assetsStart of year $160,906$214,023
Part XI · Reconciliation of net assets −$202,982 net assets at year end
XI-1 Total revenue$1,088,039
XI-2 Total expenses$1,061,508
XI-3 Revenue less expenses$26,531
XI-4 Net assets at start of year−$229,513
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$202,982

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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