The Debate Society Ltd
- Assets
- $34.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 08/2010
- Data as of
- 06/2022
- EIN
- 74-3256898
Organization Overview
The Debate Society Ltd is located in Brooklyn, NY. The organization was established in 2010. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Debate Society Ltd is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Debate Society Ltd generated $50.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (28.8%) each year. All expenses for the organization totaled $34.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (38.5%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
CREATING AND STAGING PLAYS IN FRONT OF AN ANNUAL AUDIENCE OF ABOUT 2500 PERSONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Oliver Butler Director | 0 | $1,312 | |
Hannah Bos Director | 0 | $0 | |
Paul Thureen Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,578 |
| Total Program Service Revenue | $1,313 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,893 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,906 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,542 |
| Total expenses | $34,448 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,531 |
| Other assets | $0 |
| Total assets | $34,126 |
| Total liabilities | $1,368 |
| Net assets or fund balances | $32,758 |