ECLIPSES GROUP THEATER NEW YORK CORP

EIN: 462867536 501(c)(3) Arts, Culture & Humanities

ASTORIA, NY

Total Revenue
$4,098
Total Expenses
$14,497
Total Assets
$1,658
Net Assets
$1,658
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
NY
Phone
6463390620
Tax Period
2022-01-01 to 2022-12-31

ECLIPSES GROUP THEATER NEW YORK CORP, founded in 2013, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $4K in total revenue in fiscal year 2022. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $14K exceeded revenue, resulting in a 254% operating deficit.

Mission

ECLIPSES GROUP THEATER NEW YORK IS A NONPROFIT THEATER COMPANY THAT SERVES AS A CULTURAL BRIDGE BETWEEN GREECE AND THE USA, PROMOTING ALL FORMS OF GREEK DRAMA, MUSIC, DANCE, POETRY AND LITERATURE. WE FOCUS ON AN EXPLORATIVE APPROACH OF THE GREEK AND WORLD CLASSIC AND MODERN PLAYS, PRESENTING THEM TO AN AMERICAN AND INTERNATIONAL AUDIENCE.OUR GOAL IS TO PRODUCE THEATRICAL, MUSICAL AND DANCE PERFORMANCES, MUSIC EVENTS, POETRY READINGS, AS WELL AS EDUCATIONAL PROGRAMS, WORKSHOPS, LECTURES IN COLLABORATION WITH UNIVERSITIES, SCHOOLS, INSTITUTIONS, FOUNDATIONS AND THE BUSINESS SECTOR ENGAGING COMMUNITIES THROUGHOUT THE USA AND INTERNATIONALLY THROUGH FESTIVALS.OUR OBJECTIVE IS TO COLLABORATE WITH GREEK ARTISTS AROUND THE WORLD AS WELL AS ARTISTS OF OTHER ETHNICITIES AND CULTURES, DEVELOPING AN INTERCULTURAL ARTISTIC DIALOGUE OF GLOBAL INTEREST.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,098
Investment Income $0
Other Revenue $0
TOTAL REVENUE $4,098

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,100
Fundraising Expenses $0
Program Expenses $13,474
Other Expenses $4,397
TOTAL EXPENSES $14,497

Year-over-Year Comparison

2022 2021 Change
Revenue $4,098 $11,245 -0.6%
Expenses $14,497 $8,273 +0.8%
Net Income $-10,399 $2,972 -4.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
IOANNA KATSAROU President 15.00
Officer
$0 $0 $0
KATERINA ALEXAKI Secretary 10.00
Officer
$0 $0 $0
DEMETRI BONAROS Treasurer 0.00
Officer
$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 No data No data No data No data
2022 $4,098 $14,497 $1,658 $-10,399
2021 $11,245 $8,273 $12,057 $2,972
2020 $5,584 $2,169 $9,085 $3,415
2019 $29,695 $34,764 $5,672 $-5,069
2018 $31,179 $30,106 $10,739 $1,073
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