Lobster Theater Project Killing My Lobster

EIN: 100008474 501(c)(3) Arts, Culture & Humanities

San Francisco, CA

Total Revenue
$252,848
Total Expenses
$282,047
Total Assets
$57,843
Net Assets
$57,843
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
CA
Principal Officer
Emma McCool
Phone
8054529409
Tax Period
2023-01-01 to 2023-12-31

Lobster Theater Project Killing My Lobster, founded in 2002, is a small nonprofit in the Arts, Culture & Humanities sector that reported $253K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $282K exceeded revenue, resulting in a 12% operating deficit.

Mission

KML's mission is to make fast, smart, inclusive, and fearless sketch comedy that makes people laugh.

Program Service Accomplishments

Program 1
Expenses: $218,511 Revenue: $89,081

Killing My Lobster is dedicated to producing high-quality, relevant, and fearless sketch comedy that makes people laugh. We are committed to finding the best and most diverse comedic talent in the...

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Killing My Lobster is dedicated to producing high-quality, relevant, and fearless sketch comedy that makes people laugh. We are committed to finding the best and most diverse comedic talent in the Bay Area and bringing those artists together to create original and innovative shows. KML strives to represent the best of the Bay Area accurately and push the boundaries of what's possible in sketch comedy today. In 2023, KML produced 3 original sketch comedy shows: Mythed Opportunity, Toon Out, and The Skin We're In.

Program 2

We continued to expand our fellowship program, renamed the New Voices in Comedy Fellowships. This program along with the BIPOC Scholarship program is designed to amplify voices from the Bay Area...

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We continued to expand our fellowship program, renamed the New Voices in Comedy Fellowships. This program along with the BIPOC Scholarship program is designed to amplify voices from the Bay Area BIPOC and LGBTQIA+ communities by providing them with professional sketch comedy instruction through our writing and acting classes. We awarded writing fellowships to 6 artists and BIPOC scholarships to 6 artists.

Program 3

In 2023, we remain committed to our inclusion goals of BIPOC and women writers on 100% of writing teams and having at least 60% of writing positions, 60% of performer positions, and 60% of director...

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In 2023, we remain committed to our inclusion goals of BIPOC and women writers on 100% of writing teams and having at least 60% of writing positions, 60% of performer positions, and 60% of director positions in a season to be filled by BIPOC, trans, non-binary, and queer artists.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $145,218
Program Service Revenue $89,081
Investment Income $0
Other Revenue $18,549
TOTAL REVENUE $252,848

Expense Breakdown

Grants Paid $30,000
Salaries & Benefits $145,760
Fundraising Expenses $12,174
Program Expenses $218,511
Other Expenses $106,287
TOTAL EXPENSES $282,047

Year-over-Year Comparison

2023 2022 Change
Revenue $252,848 $324,489 -0.2%
Expenses $282,047 $335,544 -0.2%
Net Income $-29,199 $-11,055 +1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
65
Volunteers
84

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$120,825
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nicole Odell Executive Dir. 40.00
Officer
$62,271 $0 $62,271
Emma McCool Executive Dir. 40.00
Officer
$58,554 $0 $58,554
Kevin Kosik President 5.00
Officer Director
$0 $0 $0
Mary Sue Poulelis Vice President 1.00
Officer Director
$0 $0 $0
Carla Willey Treasurer 1.00
Officer Director
$0 $0 $0
Jessica Baldwin President 5.00
Officer Director
$0 $0 $0
Scott Taylor Director 1.00
Director
$0 $0 $0
Noni Varani Director 1.00
Director
$0 $0 $0
Sandro Tuzzo Director 1.00
Director
$0 $0 $0
Raj Maradia Director 1.00
Director
$0 $0 $0
John Foley Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $252,848 $282,047 $57,843 $-29,199
2022 $324,489 $335,544 $88,256 $-11,055
2021 $213,286 $233,920 $97,822 $-20,634
2020 $266,472 $189,973 $118,456 $76,499
2019 $261,209 $258,050 $41,957 $3,159
2018 $216,385 $294,239 $38,518 $-77,854
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