Soho Think Tank Inc

Nonprofit profile at a glance

EIN
133908692
IRS 990-EZ coverage
2010–2024
Forms available
Form 990 2022, Form 990-EZ 2024
Location
New York, NY, USA
Phone
2126756446
Rating
94
Verdict
STRONG
Rating confidence
Moderate
Sector
Theater

Official website

Reported finances

Revenue
$38,330
Expenses
$126,245
Assets
$38,992
Liabilities
$5,413

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Erich Jungwirth (President)

People named in this filing

  • Margaret Grossman (Chair)
  • Erich Jungwirth (President)
  • Christopher Dickey (Treasurer)

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

To nurture, strengthen, and promote an aesthetically and culturally diverse community of independent theatre artists and theatre companies by producing, presenting and programming new work at the New Ohio Theatre located in Manhattan's West Village.

What it reported doing in 2024

With the closing of the Christopher Street space Aug.31, 2023 we are no longer d.b.a as New Ohio Theatre, and are now operating as Soho Think Tank (our actual 501.c.3 incorporated name).In September we produced the Downtown Upstate festival, bringing the best of NYC downtown theatre artists to the Hudson Valley, featuring three different shows at two different venues over three consecutive weekends. Downtown Upstate also included a solo performance workshop for local residents. Presented by Ancram Center for the Arts & Stissing Center (Pine Plains). Produced with funding from the New York State Council on the Arts. The festival included: Blessed Unrests LA MUSICA DEUXIEME by Marguerite Duras, PUZZLING EVIDENCE, written & directed by Robert Lyons, and PLAYS by Gertrude Stein, performed by David Greenspan. Lenora Champagne taught the solo-performance workshop. The festival was widely covered by local press and included a live interview with Lyons on WKZE, the beloved local radio station.In May we presented CLASS DISMISED, written by Artistic Director Robert Lyons, at La Mama in NYCs East Village for three weeks: April 18 - May 4. We had excellent audiences and many sold-out performances. The New York Times called it Effusively unhinged! The New York Observer called it: a head-spinning collision of political philosophy and clowning. We had also had many on-line raves as well. La Mama offered us an open-ended invitation to return in the future. We'll be bringing PUZZLING EVIDENCE there in spring 2027.In June our show MY ONLINESS, also written by Artistic Director Lyons, was presented at the prestigious Sibiu International Theatre Festival in Romania. Our entire ensemble (of fifteen) was flown to and housed in Sibiu. We performed on June 20 & 21 to sold-out houses. The work was translated into Romanian and projected on supertitles for the performance. Audiences loved the show and we received two rave reviews from European publications: one from Aplauze and one from Hermannstadter Zeitung. We are hoping to take CLASS DISMISSED there in 2027! In December Robert was interviewed as part of TORCHES, a limited-series podcast produced by Kristin Marting with support from the Mellon Foundation, featuring significant downtown theatre artists of the last thirty years. That program is currently rolling out on HOWLROUND, a digital hub for global theatre conversations.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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: 97
  • Transparency & Controls: 100
  • Sustainability: 11
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 92.5%; rating input score 93

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: -229.4%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0.31; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0.14; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 39.5%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: 1.8% per year; rating input score 100; 54th percentile among comparable filings
  • Revenue growth: 1.2% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: 2.7% per year; rating input score 100; 49th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 92.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $117K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 4/100.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.