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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-17T15:30:14-05:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 131655065 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LUTZ AND CARR CPAS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 551 FIFTH AVENUE SUITE 400 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10176 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 460776852 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | POWERHOUSE ARTS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | POWE | BusinessNameControlTxt |
| Phone | 7185221400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 98 4TH STREET NO 406 | AddressLine1Txt |
| City | BROOKLYN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11231 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSHUA RECHNITZ | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7185221400 | PhoneNum |
| Signature | 2021-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | FREDERICK MARTENS | PreparerPersonNm |
| PTIN | P00298107 | PTIN |
| Phone | 2126972299 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOSHUA RECHNITZ | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 98 4TH STREET NO 406 | AddressLine1Txt |
| City | BROOKLYN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11231 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $4,243,261 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.POWERHOUSEARTS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2012 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | POWERHOUSE 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 Body | 3 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 48 | TotalEmployeeCnt |
| Total Volunteers | 3 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,200,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $410,000 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,077,715 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $954,510 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,311,023 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,878,751 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $4,588,738 | PYTotalRevenueAmt |
| CY Total Revenue | $4,243,261 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $72,007 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $11,902 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,074,283 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,349,520 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $138,989 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $403,410 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,124,314 | PYOtherExpensesAmt |
| CY Other Expenses | $2,789,249 | CYOtherExpensesAmt |
| PY Total Expenses | $4,270,604 | PYTotalExpensesAmt |
| CY Total Expenses | $6,289,660 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $318,134 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,046,399 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $196,440,372 | TotalAssetsBOYAmt |
| Total Assets EOY | $190,612,630 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $10,571,867 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $7,683,400 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $185,868,505 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $182,929,230 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | POWERHOUSE 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 Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,689,404 | ExpenseAmt |
| Revenue | $954,510 | RevenueAmt |
| Desc | COLLABORATIVE 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $628,186 | ExpenseAmt |
| Grant | $11,902 | GrantAmt |
| Desc | EDUCATION, 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $279,962 | ExpenseAmt |
| Desc | INDEPENDENT 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $3,597,552 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 39 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 48 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 3 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7185221400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 98 4TH STREET NO 406 | AddressLine1Txt |
| City | BROOKLYN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11231 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| JOSHUA RECHNITZ | |||||||
| CHAIRMAN, PRESIDENT, TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MAUREEN CONNELLY | |||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ABBY HAMLIN | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| KATIE DIXON | |||||||
| CEO | 40.00 | Yes (X) | $277,627 | $0 | $34,199 | ||
| JESSICA LYSONS | |||||||
| SR. DIR. OF FINANCE & ADMINISTRATION | 40.00 | Yes (X) | $142,346 | $0 | $6,722 | ||
| STEVEN M BATTAGLIA | |||||||
| SR. DIR. OF OPERATIONS | 40.00 | $127,789 | $0 | $15,460 | Yes (X) | ||
| KRISTEN WILKE | |||||||
| SR. DIR. OF STRATEGIC PLANNING | 40.00 | $122,619 | $0 | $13,147 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $670,381 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $69,528 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SUSAN COURTEMANCHE | |||||
| 40 POWDER HORN HILL ROAD | WILTON | CT | 06897 | FUNDRAISING CONSULTANT | $179,950 |
| ROBERTS & HOLLAND LLP | |||||
| 1675 BROADWAY 17TH FLOOR | NEW YORK | NY | 10019 | LEGAL SERVICES | $155,186 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $410,000 | AllOtherContributionsAmt |
| Total Contributions | $410,000 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROGRAM REVENUE | Desc |
| Business | 323100 | BusinessCd |
| Total Revenue Column | $954,510 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $954,510 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $954,510 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,878,751 | TotalRevenueColumnAmt |
| Exclusion | $2,878,751 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,243,261 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $954,510 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,878,751 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,902 | TotalAmt |
| Program Services | $11,902 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $491,258 | TotalAmt |
| Program Services | $3,256 | ProgramServicesAmt |
| Management And General | $439,166 | ManagementAndGeneralAmt |
| Fundraising | $48,836 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,171,993 | TotalAmt |
| Program Services | $1,576,751 | ProgramServicesAmt |
| Management And General | $525,453 | ManagementAndGeneralAmt |
| Fundraising | $69,789 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $398,629 | TotalAmt |
| Program Services | $266,524 | ProgramServicesAmt |
| Management And General | $116,556 | ManagementAndGeneralAmt |
| Fundraising | $15,549 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $287,640 | TotalAmt |
| Program Services | $173,467 | ProgramServicesAmt |
| Management And General | $101,568 | ManagementAndGeneralAmt |
| Fundraising | $12,605 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $303,750 | TotalAmt |
| Program Services | $4,681 | ProgramServicesAmt |
| Management And General | $299,069 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,000 | TotalAmt |
| Management And General | $36,000 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $138,989 | TotalAmt |
| Fundraising | $138,989 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,300 | TotalAmt |
| Management And General | $107,300 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,046,195 | TotalAmt |
| Program Services | $444,675 | ProgramServicesAmt |
| Management And General | $517,938 | ManagementAndGeneralAmt |
| Fundraising | $83,582 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $537,818 | TotalAmt |
| Program Services | $474,512 | ProgramServicesAmt |
| Management And General | $47,217 | ManagementAndGeneralAmt |
| Fundraising | $16,089 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $581,092 | TotalAmt |
| Program Services | $515,347 | ProgramServicesAmt |
| Management And General | $53,010 | ManagementAndGeneralAmt |
| Fundraising | $12,735 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,593 | TotalAmt |
| Program Services | $37,783 | ProgramServicesAmt |
| Management And General | $10,294 | ManagementAndGeneralAmt |
| Fundraising | $4,516 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,647 | TotalAmt |
| Program Services | $68,518 | ProgramServicesAmt |
| Management And General | $32,129 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,854 | TotalAmt |
| Program Services | $20,136 | ProgramServicesAmt |
| Management And General | $2,998 | ManagementAndGeneralAmt |
| Fundraising | $720 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,289,660 | TotalAmt |
| Program Services | $3,597,552 | ProgramServicesAmt |
| Management And General | $2,288,698 | ManagementAndGeneralAmt |
| Fundraising | $403,410 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,058,089 | BOYAmt |
| EOY | $890,219 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,253,284 | BOYAmt |
| EOY | $72,691,109 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $664,863 | BOYAmt |
| EOY | $185,759 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $178,470 | BOYAmt |
| EOY | $225,620 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $905,986 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $379,757 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $142,955 | BOYAmt |
| EOY | $526,229 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,456,114 | BOYAmt |
| EOY | $27,920,940 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,686,597 | BOYAmt |
| EOY | $88,172,754 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $196,440,372 | BOYAmt |
| EOY | $190,612,630 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,290,604 | BOYAmt |
| EOY | $297,018 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,281,263 | BOYAmt |
| EOY | $6,881,263 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $505,119 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,571,867 | BOYAmt |
| EOY | $7,683,400 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,741,549 | BOYAmt |
| EOY | $55,280,428 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $128,126,956 | BOYAmt |
| EOY | $127,648,802 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $185,868,505 | BOYAmt |
| EOY | $182,929,230 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $196,440,372 | BOYAmt |
| EOY | $190,612,630 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$2,046,399 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$892,876 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,989,329 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $21,670,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $149,199,999 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,200,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $410,000 | CurrentTaxYearAmt |
| Total | $181,469,328 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $42,624 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $757,052 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $806,010 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,077,715 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $954,510 | CurrentTaxYearAmt |
| Total | $3,637,911 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,031,953 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $22,427,052 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $150,006,009 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,277,715 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,364,510 | CurrentTaxYearAmt |
| Total | $185,107,239 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $498,561 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,670,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,200,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,200,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $400,000 | CurrentTaxYearAmt |
| Total | $4,968,561 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $498,561 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,670,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,200,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,200,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $400,000 | CurrentTaxYearAmt |
| Total | $4,968,561 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $180,138,678 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,300 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,010 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $227,475 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,310,540 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,878,751 | CurrentTaxYearAmt |
| Total | $5,421,076 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,300 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,010 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $227,475 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,310,540 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,878,751 | CurrentTaxYearAmt |
| Total | $5,421,076 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $2,007,837 | CurrentTaxYearMinus2YearsAmt |
| Total | $2,007,837 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,033,253 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $22,430,062 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $152,241,321 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,588,255 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,243,261 | CurrentTaxYearAmt |
| Total | $192,536,152 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.93560 | PublicSupportCY509Pct |
| Public Support PY509 | 0.92470 | PublicSupportPY509Pct |
| Investment Income CY | 0.02820 | InvestmentIncomeCYPct |
| Investment Income PY | 0.01310 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $97,503 | OtherCostOrOtherBasisAmt |
| Depreciation | $62,767 | DepreciationAmt |
| Book Value | $34,736 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $808,483 | OtherCostOrOtherBasisAmt |
| Depreciation | $316,990 | DepreciationAmt |
| Book Value | $491,493 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $526,229 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (5 entries)
| DescDesc | Book 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $88,172,754 | TotalBookValueOtherAssetsAmt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SUSAN COURTEMANCHE | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 POWDER HORN HILL ROAD | AddressLine1Txt |
| City | WILTON | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06897 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | STRATEGIC ADVISORY | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $138,989 | RetainedByContractorAmt |
| Net To Organization | $0 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $138,989 | TotalRetainedByContractorsAmt |
| Licensed States | NY | LicensedStatesCd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANTS 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATIE DIXON | PersonNm |
| Title | CEO | TitleTxt |
| Base Compensation Filing Org | $277,627 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $34,199 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $311,826 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSHUA RECHNITZ | PersonNm |
| Relationship With Org | PRESIDENT | RelationshipWithOrgTxt |
| Loan Purpose | NON-INTEREST BEARING LOAN FOR OPERATIONS | LoanPurposeTxt |
| Loan To Organization | Yes (X) | LoanToOrganizationInd |
| Original Principal | $11,351,263 | OriginalPrincipalAmt |
| Balance Due | $6,881,263 | BalanceDueAmt |
| Default | 0 | DefaultInd |
| Board Or Committee Approval | Yes (1) | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (1) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $6,881,263 | TotalBalanceDueAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE 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 7A | THE 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 7B | THE 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 8B | POWERHOUSE DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE 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 12C | PURSUANT 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 15A | THE 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 19 | POWERHOUSE MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | PROGAM 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/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| BRT POWERHOUSE LLC | |||||||||
| 98 4TH STREET SUITE 406 | BROOKLYN | NY | 11231 | 460776852 | REAL ESTATE OWNERSHIP | NY | $0 | $7,264,297 | POWERHOUSE ARTS INC |
| BRT WORKSHOPS LLC | |||||||||
| 98TH 4TH STREET SUITE 406 | BROOKLYN | NY | 11231 | 352558041 | FINE ART FABRICATION | NY | $238,523 | $0 | POWERHOUSE ARTS INC |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GEMINI ARTS INITIATIVE INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 98 4TH STREET SUITE 406 | AddressLine1Txt |
| City | BROOKLYN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11231 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 462810633 | EIN |
| Primary Activities | ENVIRONMENTAL REMEDIATION AND CAPITAL DEVELOPMENT OF POWERHOUSE ARTS | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | POWERHOUSE ARTS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $109,707 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $68,110,537 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GEMINI ARTS INITIATIVE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | B | TransactionTypeTxt |
| Involved | $26,357,837 | InvolvedAmt |
| Method Of Amount Determination | ACTUAL AMOUNT TRANSFERRED | MethodOfAmountDeterminationTxt |
Comments