League Of Live Stream Theater Inc
- Assets
- $903.2k
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 2
- Location
- New York, NY
- Founding
- Data as of
- 12/2023
- EIN
- 88-3628417
Organization Overview
League Of Live Stream Theater Inc is located in New York, NY. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, League Of Live Stream Theater Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. League Of Live Stream Theater Inc 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 12/2023, League Of Live Stream Theater Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 45.2% each year .
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE LEAGUE OF LIVE STREAM THEATER (THE ORGANIZATION) WORKS TO EXPAND THE REACH OF COMMUNITY THEATER THROUGHOUT THE UNITED STATES BY LIVE STREAMING PLAYS THROUGHOUT THE COUNTRY. THE ORGANIZATION WILL WORK EXCLUSIVLY WITH NON-PROFIT THEATERS AND WILL INTRODUCE LARGE AUDIENCES TO PRODUCTIONS FROM THESE THEATERS WITH THE HELP OF STATE-OF-THE-ARTS LIVE-STREAM TECHNOLOGY AND EXPERTISE. BY BRINGING THESE PLAYS TO HOMES, THE ORGANIZATION HOPES TO CULTIVATE AN ENTHUSIASTIC GENERATION OF AMERICANS WHO ARE PASSIONATE ABOUT COMMUNITY THEATER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LEAGUE OF LIVE STREAM THEATER WORKS TO EXPAND THE REACH OF COMMUNITY THEATER THROUGHOUT THE UNITED STATES BY LIVE STREAMING PLAYS THROUGHOUT THE COUNTRY AND CULTIVATE AN ENTHUSIASTIC GENERATION OF AMERICANS WHO ARE PASSIONATE ABOUT COMMUNITY THEATER.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Augustine Trustee | Trustee | 20 | $0 |
Brisa Carelton Trustee | Trustee | 1 | $0 |
Laurie Erlandson Treasurer | OfficerTrustee | 1 | $0 |
Oren Michels Pres | OfficerTrustee | 20 | $0 |
Robert Nash Trustee | Trustee | 1 | $0 |
Steve Sherrill Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Real Right Good Llc | 12/30/23 | $240,000 |
Second Stage Theater | 12/30/23 | $218,000 |
Kate Mckenna | 12/30/23 | $125,000 |
Fleet Street Productions Llc | 12/30/23 | $240,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $825,063 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $825,063 |
| Total Program Service Revenue | $755,184 |
| Investment income | $1,459 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,581,706 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,456 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,616 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $154,389 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $770,593 |
| Advertising and promotion | $21,189 |
| Office expenses | $572 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,132 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,324 |
| Insurance | $3,036 |
| All other expenses | $55,400 |
| Total functional expenses | $1,602,237 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $788,422 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,000 |
| Accounts receivable, net | $183 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,150 |
| Net Land, buildings, and equipment | $105,247 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,150 |
| Total assets | $903,152 |
| Accounts payable and accrued expenses | $173,682 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $173,682 |
| Net assets without donor restrictions | $729,470 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $903,152 |