Nylaughs Inc
Nonprofit profile at a glance
- EIN
- 262348306
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2017
- Location
- New York, NY, USA
- Phone
- 9177275233
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $92,455
- Expenses
- $109,453
- Assets
- $42,562
- Liabilities
- $37,694
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
People named in this filing
- Suzette Brown (Founder & Artistic Director)
- Arvind Mahendru (Treasurer)
- Kunal Verma (Board Chair)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Performing Arts Cultural Organization Our mission is to enrich lives, cultivate community and foster a healthier and happier society via laughter while deepening an appreciation of the stand-up comedy as as unique NY cultural asset. We do so by presenting free comedy performances with leading artists in public spaces such as parks, museums, libraries and cultural institutions.
What it reported doing in 2024
3 shows - Laughter in the Park 2024 - Show #1, 2 and 3 Jan 17, Jan 24 and Jan 31 @ The Lodge in Bryant Park - Discretionary Funding from District 3 and DCLA
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 100
- Sustainability: 26
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.8%; rating input score 97
- Program expense ratio: 81.8%; rating input score 82
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -18.4%; rating input score 24; 24th percentile among comparable filings
- Total-asset coverage ratio: 0.39; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: 0.89; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 15.2% per year; rating input score 100; 78th percentile among comparable filings
- Revenue growth: 12.5% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: 29.1% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 96.8% of revenue deployed · 81.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 6 filed program accomplishments · $90K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 7 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 24/100.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- High — Sustainability: Liabilities to assets ratio scored 6/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.