POWERHOUSE ARTS INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
POWERHOUSE ARTS INC (EIN 46-0776852)
Tax period
2019-07-01 to 2020-06-30
Filed
2021-05-17
IRS object ID
202111379349306796
Schema version
2019v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-05-17T15:30:14-05:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN131655065PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LUTZ AND CARR CPAS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1551 FIFTH AVENUE SUITE 400AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10176ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN460776852EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1POWERHOUSE ARTS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPOWEBusinessNameControlTxt
Phone7185221400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line198 4TH STREET NO 406AddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11231ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOSHUA RECHNITZPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7185221400PhoneNum
Signature2021-05-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFREDERICK MARTENSPreparerPersonNm
PTINP00298107PTIN
Phone2126972299PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOSHUA RECHNITZPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line198 4TH STREET NO 406AddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11231ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,243,261GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.POWERHOUSEARTS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2012FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionPOWERHOUSE ARTS IS A NOT-FOR-PROFIT BASED IN GOWANUS AND RED HOOK, BROOKLYN, ESTABLISHED TO CREATE A ROBUST PLATFORM FOR ART PRODUCTION AND EMPLOYMENT IN THE ARTS. POWERHOUSE IS STEWARDING THE REDEVELOPMENT OF THE FORMER BROOKLYN RAPID TRANSIT POWER STATION IN GOWANUS TO CREATE A NEW FACILITY THAT WILL HOUSE FABRICATION AND PRODUCTION FACILITIES IN WOOD, METAL, CERAMIC, TEXTILES AND PRINT. OUR PROGRAMMING INCLUDES EDUCATION, EMPLOYMENT AND PUBLIC ENGAGEMENT TO INCREASE ACCESS AND OPPORTUNITY FOR PARTICIPATION IN THE ARTS FOR ALL NEW YORKERS.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee48TotalEmployeeCnt
Total Volunteers3TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,200,000PYContributionsGrantsAmt
CY Contributions Grants$410,000CYContributionsGrantsAmt
PY Program Service Revenue$1,077,715PYProgramServiceRevenueAmt
CY Program Service Revenue$954,510CYProgramServiceRevenueAmt
PY Investment Income$2,311,023PYInvestmentIncomeAmt
CY Investment Income$2,878,751CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$4,588,738PYTotalRevenueAmt
CY Total Revenue$4,243,261CYTotalRevenueAmt
PY Grants And Similar Paid$72,007PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$11,902CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,074,283PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,349,520CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$138,989CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$403,410CYTotalFundraisingExpenseAmt
PY Other Expenses$2,124,314PYOtherExpensesAmt
CY Other Expenses$2,789,249CYOtherExpensesAmt
PY Total Expenses$4,270,604PYTotalExpensesAmt
CY Total Expenses$6,289,660CYTotalExpensesAmt
PY Revenues Less Expenses$318,134PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$2,046,399CYRevenuesLessExpensesAmt
Total Assets BOY$196,440,372TotalAssetsBOYAmt
Total Assets EOY$190,612,630TotalAssetsEOYAmt
Total Liabilities BOY$10,571,867TotalLiabilitiesBOYAmt
Total Liabilities EOY$7,683,400TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$185,868,505NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$182,929,230NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionPOWERHOUSE ARTS IS A NOT-FOR-PROFIT BASED IN GOWANUS AND RED HOOK, BROOKLYN, ESTABLISHED TO CREATE A ROBUST PLATFORM FOR ART PRODUCTION AND EMPLOYMENT IN THE ARTS. POWERHOUSE IS STEWARDING THE REDEVELOPMENT OF THE FORMER BROOKLYN RAPID TRANSIT POWER STATION IN GOWANUS TO CREATE A NEW FACILITY THAT WILL HOUSE FABRICATION AND PRODUCTION FACILITIES IN WOOD, METAL, CERAMIC, TEXTILES AND PRINT. OUR PROGRAMMING INCLUDES EDUCATION, EMPLOYMENT AND PUBLIC ENGAGEMENT TO INCREASE ACCESS AND OPPORTUNITY FOR PARTICIPATION IN THE ARTS FOR ALL NEW YORKERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,689,404ExpenseAmt
Revenue$954,510RevenueAmt
DescCOLLABORATIVE PRODUCTION PROGRAMTHROUGH THIS PROGRAM, POWERHOUSE ARTS WORKS COLLABORATIVELY WITH ARTISTS ON PROJECTS AT ALL STAGES - FROM CONCEPT DEVELOPMENT TO PROJECT EXECUTION TO INSTALLATION. POWERHOUSE SPECIALIZES IN WOOD, METAL, CERAMIC, TEXTILE AND PRINT. COLLABORATIVE PRODUCTION EXPERIENCED SIGNIFICANT GROWTH IN THE PAST YEAR, INCLUDING OPENING THE WOOD, METAL, AND CERAMIC SHOPS. THE TEAM TOOK ON A WIDE SCOPE OF PROJECTS, INCLUDING COLLABORATIVE WORK BETWEEN SHOPS, PROJECTS WITH OUR ARTISTS COUNCIL, AND TEAM-WIDE EFFORTS TO CREATE MASKS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$628,186ExpenseAmt
Grant$11,902GrantAmt
DescEDUCATION, EMPLOYMENT, AND ENGAGEMENT PROGRAMTHROUGH THIS PROGRAM, POWERHOUSE ARTS CREATES OPPORTUNITIES FOR ADULTS AND YOUTH ALIKE TO ENGAGE WITH THE ORGANIZATION THROUGH ART-MAKING AND SKILL-BUILDING CLASSES, AND BY PARTICIPATING IN ONLINE AND IN-PERSON EVENTS AND GATHERINGS. POWERHOUSE INCREASED OUR SCHOOL PARTNERSHIPS, WHICH CONNECT NYC PUBLIC MIDDLE AND HIGH SCHOOLS WITH INDUSTRY PARTNERS TO LEARN ARTS FABRICATION SKILLS; OFFERED EXTERNSHIPS TO NYC PUBLIC EDUCATORS AND CLASSROOM ART TEACHERS; CREATED A FELLOWSHIP PROGRAM FOR PRACTICING ARTISTS WITH ADVANCED TECHNICAL PROFICIENCY TO BOTH LEARN FROM AND TEACH NEW TECHNIQUES IN A SYMBIOTIC EXCHANGE WITH OUR TEAM; AND CONTINUED TO GROW OUR PAID INTERNSHIP OPPORTUNITIES FOR BOTH ADULTS AND YOUTH.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$279,962ExpenseAmt
DescINDEPENDENT PRODUCTION PROGRAMPOWERHOUSE ARTS CONTINUED TO ADVANCE PLANNING AND DEVELOPMENT OF AN INDEPENDENT PRODUCTION PROGRAM, WHICH WILL PROVIDE ACCESS TO OUR WORKSHOP SPACES IN WOOD, METAL, DIGITAL FABRICATION, PRINTMAKING, TEXTILES, AND CERAMICS, IN THE FUTURE POWERHOUSE ARTS FACILITY. THESE SHOPS WILL OFFER A RANGE OF EQUIPMENT AND CAPABILITIES IN EACH MATERIAL. MEMBERSHIP TO THE INDEPENDENT PRODUCTION PROGRAM WILL PROVIDE FLEXIBLE ACCESS TO MEMBERS-ONLY WORKSHOP FACILITIES TO THOSE WHO HAVE DEMONSTRATED THE ABILITY TO WORK INDEPENDENTLY AND SAFELY.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$3,597,552TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan OutstandingYes (1)LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document39IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee48EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7185221400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line198 4TH STREET NO 406AddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11231ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JOSHUA RECHNITZ
CHAIRMAN, PRESIDENT, TREASURER1.00Yes (X)Yes (X)$0$0$0
MAUREEN CONNELLY
SECRETARY2.00Yes (X)Yes (X)$0$0$0
ABBY HAMLIN
BOARD MEMBER2.00Yes (X)$0$0$0
KATIE DIXON
CEO40.00Yes (X)$277,627$0$34,199
JESSICA LYSONS
SR. DIR. OF FINANCE & ADMINISTRATION40.00Yes (X)$142,346$0$6,722
STEVEN M BATTAGLIA
SR. DIR. OF OPERATIONS40.00$127,789$0$15,460Yes (X)
KRISTEN WILKE
SR. DIR. OF STRATEGIC PLANNING40.00$122,619$0$13,147Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$670,381TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$69,528TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K4IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
SUSAN COURTEMANCHE
40 POWDER HORN HILL ROADWILTONCT06897FUNDRAISING CONSULTANT$179,950
ROBERTS & HOLLAND LLP
1675 BROADWAY 17TH FLOORNEW YORKNY10019LEGAL SERVICES$155,186
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
All Other Contributions$410,000AllOtherContributionsAmt
Total Contributions$410,000TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM REVENUEDesc
Business323100BusinessCd
Total Revenue Column$954,510TotalRevenueColumnAmt
Related Or Exempt Func Income$954,510RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$954,510TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,878,751TotalRevenueColumnAmt
Exclusion$2,878,751ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,243,261TotalRevenueColumnAmt
Related Or Exempt Func Income$954,510RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,878,751ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$11,902TotalAmt
Program Services$11,902ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$491,258TotalAmt
Program Services$3,256ProgramServicesAmt
Management And General$439,166ManagementAndGeneralAmt
Fundraising$48,836FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,171,993TotalAmt
Program Services$1,576,751ProgramServicesAmt
Management And General$525,453ManagementAndGeneralAmt
Fundraising$69,789FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$398,629TotalAmt
Program Services$266,524ProgramServicesAmt
Management And General$116,556ManagementAndGeneralAmt
Fundraising$15,549FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$287,640TotalAmt
Program Services$173,467ProgramServicesAmt
Management And General$101,568ManagementAndGeneralAmt
Fundraising$12,605FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$303,750TotalAmt
Program Services$4,681ProgramServicesAmt
Management And General$299,069ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$36,000TotalAmt
Management And General$36,000ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$138,989TotalAmt
Fundraising$138,989FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$107,300TotalAmt
Management And General$107,300ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,046,195TotalAmt
Program Services$444,675ProgramServicesAmt
Management And General$517,938ManagementAndGeneralAmt
Fundraising$83,582FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$537,818TotalAmt
Program Services$474,512ProgramServicesAmt
Management And General$47,217ManagementAndGeneralAmt
Fundraising$16,089FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$581,092TotalAmt
Program Services$515,347ProgramServicesAmt
Management And General$53,010ManagementAndGeneralAmt
Fundraising$12,735FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$52,593TotalAmt
Program Services$37,783ProgramServicesAmt
Management And General$10,294ManagementAndGeneralAmt
Fundraising$4,516FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$100,647TotalAmt
Program Services$68,518ProgramServicesAmt
Management And General$32,129ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$23,854TotalAmt
Program Services$20,136ProgramServicesAmt
Management And General$2,998ManagementAndGeneralAmt
Fundraising$720FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,289,660TotalAmt
Program Services$3,597,552ProgramServicesAmt
Management And General$2,288,698ManagementAndGeneralAmt
Fundraising$403,410FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,058,089BOYAmt
EOY$890,219EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$28,253,284BOYAmt
EOY$72,691,109EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$664,863BOYAmt
EOY$185,759EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$178,470BOYAmt
EOY$225,620EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$905,986LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$379,757LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$142,955BOYAmt
EOY$526,229EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$103,456,114BOYAmt
EOY$27,920,940EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$62,686,597BOYAmt
EOY$88,172,754EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$196,440,372BOYAmt
EOY$190,612,630EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,290,604BOYAmt
EOY$297,018EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$7,281,263BOYAmt
EOY$6,881,263EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
EOY$505,119EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$10,571,867BOYAmt
EOY$7,683,400EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$57,741,549BOYAmt
EOY$55,280,428EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$128,126,956BOYAmt
EOY$127,648,802EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$185,868,505BOYAmt
EOY$182,929,230EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$196,440,372BOYAmt
EOY$190,612,630EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$2,046,399ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$892,876NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,989,329CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$21,670,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$149,199,999CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,200,000CurrentTaxYearMinus1YearAmt
Current Tax Year$410,000CurrentTaxYearAmt
Total$181,469,328TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$42,624CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$757,052CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$806,010CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,077,715CurrentTaxYearMinus1YearAmt
Current Tax Year$954,510CurrentTaxYearAmt
Total$3,637,911TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,031,953CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$22,427,052CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$150,006,009CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,277,715CurrentTaxYearMinus1YearAmt
Current Tax Year$1,364,510CurrentTaxYearAmt
Total$185,107,239TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$498,561CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,670,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,200,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,200,000CurrentTaxYearMinus1YearAmt
Current Tax Year$400,000CurrentTaxYearAmt
Total$4,968,561TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$498,561CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,670,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,200,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,200,000CurrentTaxYearMinus1YearAmt
Current Tax Year$400,000CurrentTaxYearAmt
Total$4,968,561TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$180,138,678PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,300CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,010CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$227,475CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,310,540CurrentTaxYearMinus1YearAmt
Current Tax Year$2,878,751CurrentTaxYearAmt
Total$5,421,076TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,300CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,010CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$227,475CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,310,540CurrentTaxYearMinus1YearAmt
Current Tax Year$2,878,751CurrentTaxYearAmt
Total$5,421,076TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$2,007,837CurrentTaxYearMinus2YearsAmt
Total$2,007,837TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,033,253CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$22,430,062CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$152,241,321CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,588,255CurrentTaxYearMinus1YearAmt
Current Tax Year$4,243,261CurrentTaxYearAmt
Total$192,536,152TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.93560PublicSupportCY509Pct
Public Support PY5090.92470PublicSupportPY509Pct
Investment Income CY0.02820InvestmentIncomeCYPct
Investment Income PY0.01310InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$97,503OtherCostOrOtherBasisAmt
Depreciation$62,767DepreciationAmt
Book Value$34,736BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$808,483OtherCostOrOtherBasisAmt
Depreciation$316,990DepreciationAmt
Book Value$491,493BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$526,229TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (5 entries)

DescDescBook ValueBookValueAmt
CONSTRUCTION IN PROGRESS - LAND$6,176,400
CONSTRUCTION IN PROGRESS - BUILDING$1,087,897
INVESTMENT IN SUBSIDIARY - GEMINI ARTS INITIATIVE, INC.$80,341,023
ARTWORK$509,000
SECURITY DEPOSITS$58,434
FieldValueIRS element (for citing)
Total Book Value Other Assets$88,172,754TotalBookValueOtherAssetsAmt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

FieldValueIRS element (for citing)
PersonSUSAN COURTEMANCHEPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line140 POWDER HORN HILL ROADAddressLine1Txt
CityWILTONCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06897ZIPCd
FieldValueIRS element (for citing)
ActivitySTRATEGIC ADVISORYActivityTxt
Fundraiser Control Of Funds0FundraiserControlOfFundsInd
Gross Receipts$0GrossReceiptsAmt
Retained By Contractor$138,989RetainedByContractorAmt
Net To Organization$0NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Retained By Contractors$138,989TotalRetainedByContractorsAmt
Licensed StatesNYLicensedStatesCd

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationGRANTS MADE DURING FISCAL YEAR 2020 CONSISTED OF PAYMENTS FOR TICKETS TO FUNDRAISING GALA EVENTS OF FOUR NONPROFIT ORGANIZATIONS TO SUPPORT OF THEIR CHARITABLE ACTIVITIES, AND A SPONSORSHIP GRANT TO ONE COMMUNITY ORGANIZATION TO SUPPORT A CHARITABLE PROGRAM EVENT. SINCE THESE GRANTS WERE FOR THE GENERAL OPERATING SUPPORT OF THE ORGANIZATIONS' CHARITABLE ACTIVITIES IN POWERHOUSE ARTS, INC.'S LOCAL COMMUNITY, NO SPECIFIC REPORTING ON THE USE OF GRANT FUNDS WAS REQUIRED.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonKATIE DIXONPersonNm
TitleCEOTitleTxt
Base Compensation Filing Org$277,627BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$34,199NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$311,826TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonJOSHUA RECHNITZPersonNm
Relationship With OrgPRESIDENTRelationshipWithOrgTxt
Loan PurposeNON-INTEREST BEARING LOAN FOR OPERATIONSLoanPurposeTxt
Loan To OrganizationYes (X)LoanToOrganizationInd
Original Principal$11,351,263OriginalPrincipalAmt
Balance Due$6,881,263BalanceDueAmt
Default0DefaultInd
Board Or Committee ApprovalYes (1)BoardOrCommitteeApprovalInd
Written AgreementYes (1)WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$6,881,263TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE ORGANIZATION HAD ONE CLASS OF MEMBERS. AS OF JUNE 30, 2019, THE ORGANIZATION HAD THREE MEMBERS. BY UNANIMOUS CONSENT OF MEMBERS DATED DECEMBER 17, 2019, THE ORGANIZATION'S BY-LAWS WERE AMENDED TO REMOVE THE EXISTENCE OF MEMBERS, SO THAT THE ORGANIZATION IS MANAGED SOLELY BY A SELF-PERPETUATING BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 7ATHE MEMBERS APPOINTED THE BOARD OF DIRECTORS ANNUALLY. BY UNANIMOUS CONSENT OF MEMBERS DATED DECEMBER 17, 2019, THE ORGANIZATION'S BY-LAWS WERE AMENDED TO REMOVE THE EXISTENCE OF MEMBERS, SO THAT THE ORGANIZATION IS MANAGED SOLELY BY A SELF-PERPETUATING BOARD OF DIRECTORS, MEANING DIRECTORS ARE ELECTED BY THE DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 7BTHE MEMBERS MADE ALL EXTRAORDINARY DECISIONS, SUCH AS TO ADD, REMOVE OR AMEND THE PURPOSES OF THE ORGANIZATION, TO DISSOLVE, TO CHANGE THE BY-LAWS, AND SIMILAR ORGANIZATIONAL DECISIONS, AS WELL AS APPOINTING DIRECTORS. BY UNANIMOUS CONSENT OF MEMBERS DATED DECEMBER 17, 2019, THE ORGANIZATION'S BY-LAWS WERE AMENDED TO REMOVE THE EXISTENCE OF MEMBERS, SO THAT THE ORGANIZATION IS MANAGED SOLELY BY A SELF-PERPETUATING BOARD OF DIRECTORS, WHICH NOW MAKES ALL EXTRAORDINARY DECISIONS.
FORM 990, PART VI, SECTION A, LINE 8BPOWERHOUSE DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BTHE RETURN IS REVIEWED BY POWERHOUSE'S CEO AND SENIOR DIRECTOR OF FINANCE AND ADMINISTRATION, AND IS PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CPURSUANT TO POWERHOUSE'S BY LAWS, POWERHOUSE SHALL ENTER INTO A TRANSACTION WITH AN INTERESTED PARTY ONLY IF THE BOARD IS MADE AWARE OF THE TRANSACTION AND THE MAJORITY OF THE DIRECTORS APPROVE THE TRANSACTION AS BEING FAIR AND IN THE BEST INTERESTS OF POWERHOUSE. ANY DIRECTOR WHO IS OR HAS AN INTEREST IN OR IS RELATED TO THE INTERESTED PARTY THAT IS A PARTY TO A PROPOSED TRANSACTION SHALL NOT BE CONSIDERED A DIRECTOR, SHALL NOT PARTICIPATE IN THE VOTE ON THE TRANSACTION, AND SHALL NOT ATTEND ANY MEETING WHILE THE APPROVAL OF THE TRANSACTION IS CONSIDERED.
FORM 990, PART VI, SECTION B, LINE 15ATHE COMPENSATION OF POWERHOUSE'S CEO WAS DETERMINED BASED ON A REVIEW OF COMPENSATION PAID OTHER ORGANIZATIONS FOR COMPARABLE POSITIONS. COMPENSATION WAS APPROVED BY THE INDEPENDENT BOARD OF DIRECTORS, AND SUCH APPROVAL WAS DOCUMENTED.
FORM 990, PART VI, SECTION C, LINE 19POWERHOUSE MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 11GPROGAM AND OPERATIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 180,301. MANAGEMENT AND GENERAL EXPENSES 11,178. FUNDRAISING EXPENSES 52,500. TOTAL EXPENSES 243,979. PUBLIC RELATIONS / BRANDING: PROGRAM SERVICE EXPENSES 4,000. MANAGEMENT AND GENERAL EXPENSES 148,513. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 152,513. INFORMATION TECHNOLOGY: PROGRAM SERVICE EXPENSES 96,158. MANAGEMENT AND GENERAL EXPENSES 34,540. FUNDRAISING EXPENSES 8,298. TOTAL EXPENSES 138,996. FINANCIAL CONSULTANTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 121,209. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 121,209. INSURANCE CONSULTANT: PROGRAM SERVICE EXPENSES 41,677. MANAGEMENT AND GENERAL EXPENSES 14,971. FUNDRAISING EXPENSES 3,597. TOTAL EXPENSES 60,245. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 14,764. MANAGEMENT AND GENERAL EXPENSES 89,079. FUNDRAISING EXPENSES 12,001. TOTAL EXPENSES 115,844. HUMAN RESOURCES: PROGRAM SERVICE EXPENSES 83,275. MANAGEMENT AND GENERAL EXPENSES 29,913. FUNDRAISING EXPENSES 7,186. TOTAL EXPENSES 120,374. ORGANIZATIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 24,500. MANAGEMENT AND GENERAL EXPENSES 68,535. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 93,035.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
BRT POWERHOUSE LLC
98 4TH STREET SUITE 406BROOKLYNNY11231460776852REAL ESTATE OWNERSHIPNY$0$7,264,297POWERHOUSE ARTS INC
BRT WORKSHOPS LLC
98TH 4TH STREET SUITE 406BROOKLYNNY11231352558041FINE ART FABRICATIONNY$238,523$0POWERHOUSE ARTS INC

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1GEMINI ARTS INITIATIVE INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line198 4TH STREET SUITE 406AddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11231ZIPCd
FieldValueIRS element (for citing)
EIN462810633EIN
Primary ActivitiesENVIRONMENTAL REMEDIATION AND CAPITAL DEVELOPMENT OF POWERHOUSE ARTSPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1POWERHOUSE ARTS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeCEntityTypeTxt
Share Of Total Income$109,707ShareOfTotalIncomeAmt
Share Of EOY Assets$68,110,537ShareOfEOYAssetsAmt
Ownership1.00000OwnershipPct
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1GEMINI ARTS INITIATIVE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeBTransactionTypeTxt
Involved$26,357,837InvolvedAmt
Method Of Amount DeterminationACTUAL AMOUNT TRANSFERREDMethodOfAmountDeterminationTxt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.