Phantom Projects Educational Theatre Group

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Educating teens through the directing and producingof theater productions

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 95-4794848) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$62K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $14K a year · 4% of revenue · last 2 filings
A surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
100%
of spending
100% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$62K
to officers and key staff · 12% of spending
Pay to officers and key staff is 12% of spending.
Part VII, Section A
<0.1 mo
of spending, in cash
<0.1 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $75
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$30K
29% of total assets
Liabilities are 29% of assets.
Pt X · Ln 26
Revenue
$517K
+99% vs prior year
Spent
$509K
To programs
100%
Net assets
$72K
By yearFY2020–FY2024
Revenue
$517K
FY2024▲ +99%
Tap a bar for its year
Revenue by fiscal year
FY2020$169K
FY2021$65K
FY2023$259K
FY2024$517K
Expenses
$509K
FY2024▲ +113%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2023$239K
FY2024$509K
Net assets
$72K
FY2024▲ +13%
Tap a bar for its year
Net assets by fiscal year
FY2020$104K
FY2021$97K
FY2023$64K
FY2024$72K

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2000.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $509K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $62K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Art Director
$62,000Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Steven Cisneros’s $62K as Art Director is at the 57th percentile of top reported officer pay among 2216 $100K–1M 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

NameFY2024FY2023FY2020
Steven Cisneros$62,000$12,000$39,400

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.

See Phantom Projects Educational Theatre Group executive salaries →

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates teens by having them direct and produce theater shows.

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1 program · $509K · in their own filed words · FY2023
01

Phantom projects has been able to operate theaterprograms at two locations in their quest to helpand educate teens

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 95-4794848) · Dispute this line
$509Kprogram 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 · FY2024
Total grants receivedfrom 1 funder$75

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$517K
Ln 12
Fees for servicesLn 2g$439K
Gifts and grantsLn 1h$78K
Money outPt IX
$509K
Ln 25
Programscol B$509K
Owns and owesPt X
$72K
net assets · Ln 32
Cash and savingsLn 1–2$2K
Total assetsLn 16$102K
LiabilitiesLn 26$30K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$78K
Government grantsLn 1e$39K
Fundraising eventsLn 1c$31K
Fees for servicesLn 2g$439K
Total revenueLn 12$517K
Assets in detailPt X, end of year
CashLn 1$2K
Cash and savings togetherLn 1–2$2K
Inventories for sale or useLn 8$100K
Total assetsLn 16$102K
LiabilitiesLn 26$30K
Net assetsLn 32$72K
OperationsPt I, VI
EmployeesI 51
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$4K$2K
Total assetsLn 16$104K$102K
LiabilitiesLn 26$40K$30K
Net assetsLn 32$64K$72K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$3K$3K
Other salaries and wagesLn 7$142K$142K
Payroll taxesLn 10$13K$13K
Accounting feesLn 11c$2K$2K
Office expensesLn 13$11K$11K
OccupancyLn 16$7K$7K
InterestLn 20$3K$3K
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$265K$265K
All other expensesLn 24e$55K$55K
Total functional expensesLn 25$509K$509K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Dec 19, 2024 $517K$509K$8K$72K 990 PDF
FY2023Filed with the IRS Feb 23, 2024 $259K$239K$20K$64K 990 PDF
FY2022 Not on file
FY2021Filed with the IRS Dec 20, 2021 $65K$97K 990 PDF
FY2020Filed with the IRS Jul 23, 2021 $169K$104K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $516,942 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $19,734$77,540
I-9 Program service revenuePrior year $239,718$439,402
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $259,452$516,942
I-13 Grants and similar amounts paidPrior year $1,067$2,687
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $37,080$155,065
I-16a Professional fundraising feesPrior year $1,958$0
I-17 Other expensesPrior year $199,010$351,091
I-18 Total expensesPrior year $239,115$508,843
I-19 Revenue less expensesPrior year $20,337$8,099
Part VI · Governance 4 to look at
VI-1a Voting members of the governing body0
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $516,942 across 6 lines filed
VIII-1a Federated campaigns$7,655
VIII-1c Fundraising events$30,535
VIII-1e Government grants$39,350
VIII-1h Total contributions, gifts and grants$77,540
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $439,402$439,402
VIII-12 Total revenueRelated to mission $439,402 · Unrelated business $0 · Excluded from tax $0$516,942
Part IX · Statement of functional expenses $508,843 across 10 lines filed
IX-1 Grants to domestic organizationsPrograms $2,687$2,687
IX-7 Other salaries and wagesPrograms $142,093$142,093
IX-10 Payroll taxesPrograms $12,972$12,972
IX-11c Accounting feesPrograms $2,500$2,500
IX-13 Office expensesPrograms $11,022$11,022
IX-16 OccupancyPrograms $7,237$7,237
IX-20 InterestPrograms $2,612$2,612
IX-23 InsurancePrograms $7,807$7,807
IX-24 Other expenses (24a–d)Programs $264,694$264,694
IX-24e All other expensesPrograms $55,219$55,219
IX-25 Total functional expensesPrograms $508,843 · Management $0 · Fundraising $0$508,843
Part X · Balance sheet $101,816 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $4,008$2,035
X-8 Inventories for sale or useStart of year $99,781$99,781
X-16 Total assetsStart of year $103,789$101,816
X-23 Secured mortgages and notes payableStart of year $39,662$29,590
X-26 Total liabilitiesStart of year $39,662$29,590
X-30 Paid-in or capital surplusStart of year $64,127$72,226
X-32 Total net assets or fund balancesStart of year $64,127$72,226
X-33 Total liabilities and net assetsStart of year $103,789$101,816
Part XI · Reconciliation of net assets $72,226 net assets at year end
XI-1 Total revenue$516,942
XI-2 Total expenses$508,843
XI-3 Revenue less expenses$8,099
XI-4 Net assets at start of year$64,127
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$72,226

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

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