5th Floor Theatre Company is located in New York, NY. The organization was established in 2017. 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. 5th Floor Theatre Company 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 12/2019, 5th Floor Theatre Company generated $10.5k 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 (26.0%) each year. All expenses for the organization totaled $11.6k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (20.4%) 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
2019
Describe the Organization's Program Activity:
Part 3
5TH FLOOR THEATRE CO. IS COMMITTED TO THE NEW YORK CITY COMMUNITY OF EMERGING ARTISTS. OUR MISSION TO PROVIDE DEVELOPMENTAL OPPORTUNITIES TO ARTISTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Sancilio Executive Director | 20 | $0 | |
Michelle Israel Vice President | 20 | $0 | |
Corey Chambliss Vice President | 20 | $0 | |
Natalie Rohr Secretary | 20 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $6,430 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $4,036 |
Other Revenue | $0 |
Total Revenue | $10,466 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $11,614 |
Total expenses | $11,614 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $763 |
Other assets | $0 |
Total assets | $1,002 |
Total liabilities | $2,653 |
Net assets or fund balances | -$1,651 |