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Nonprofit · EIN 04-3587685

24 HOUR COMPANY

Tax-exempt (reinstated) · BROOKLYN, NY 11231

Financials

$415K$482K2023$449K$432K2024
Revenue Expenses · by fiscal year end
Financials of 24 HOUR COMPANY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$448,659$432,132$16,527$108,007$124,036-$16,029
December 31, 2023990$414,726$482,353-$67,627$92,265$124,821-$32,556
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$281,712
of which government grants
$72,500
Program service revenue
$159,687
Investment income
$0
Net income from fundraising events
$7,260
Other revenue
$7,260

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$57,200
Other salaries and wages
$106,467
Salaries, compensation and benefits (total)
$190,420
Professional fundraising fees
$0
Occupancy
$41,871
Travel
$4,942
Program services (functional)
$345,397
Management and general (functional)
$71,059
Fundraising (functional)
$15,676

Balance sheet and other

Total assets, start of year
$92,265
Total assets, end of year
$108,007
Total liabilities, end of year
$124,036
Net assets, end of year
-$16,029
Net assets without donor restrictions
-$16,029
Gross receipts
$448,659
Employees
4
Volunteers
100
Year formed
2010
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MARK ARMSTRONGARTISTIC DIR
Trustee or director, Officer
40$57,200$2,288
SHARI SOOFIANPRESIDENT
Trustee or director, Officer
1$0$0
JULIE MERCERSECRETARY
Trustee or director
1$0$0
LINDSAY BOWENTRUSTEE
Trustee or director
0$0$0
CHRISTOPHER OSCAR PENATRUSTEE
Trustee or director
0$0$0
SEKKA SCHERTRUSTEE
Trustee or director
0$0$0
MICHAEL SCHLOSSTRUSTEE
Trustee or director
0$0$0
BETH WISHNIETRUSTEE
Trustee or director
0$0$0
CHRISTY GRESSMANTRUSTEE
Trustee or director
0$0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
MARK ARMSTRONGARTISTIC DIR
Trustee or director, Officer
40$54,067$3,967
LINDSAY BOWENTRUSTEE
Trustee or director
1$0$0
MARIO CORREATRUSTEE
Trustee or director
1$0$0
J HOLTHAMVICE PRESIDE
Trustee or director
1$0$0
JULIE MERCERSECRETARY
Trustee or director, Officer
1$0$0
CHRISTOPHER OSCAR PENATRUSTEE
Trustee or director
1$0$0
SEKKA SCHERTRUSTEE
Trustee or director
1$0$0
MICHAEL SCHLOSSTRUSTEE
Trustee or director
1$0$0
SHARI SOOFIANPRESIDENT
Trustee or director, Officer
1$0$0
KRISTIN TAYLORTRUSTEE
Trustee or director
1$0$0
EMMANUEL WILSONTRUSTEE
Trustee or director
1$0$0
BETH WISHNIETRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
177 DWIGHT ST STE 3F, BROOKLYN, NY 11231-1549
Principal officer (990 for 2024)
MARK ARMSTRONG
Signed the 990
MARK ARMSTRONG, ARTISTIC DIR
Phone
(212) 229-5600
Return prepared by
KUDISCH OSTER & COMPANY LLC

Mission

THE ORGANIZATION'S MISSION IS TO BRING TOGETHER CREATIVE COMMUNITIES TO PRODUCE PLAYS AND MUSICALS THAT ARE WRITTEN, REHEARSED AND PERFORMED IN 24 HOURS.

990 for the year ended December 31, 2024

Program accomplishments

  • PRODUCE TIME-LIMITED THEATRE PRODUCTIONS OF THE 24 HOUR PLAYS, THE 24 HOUR PLAYS; NATIONALS, AND THE 24 PLAYS: VIRAL MONOLOGUES, SUPPORTED LICENSING OF TIME-LIMITED THEATRE TO SCHOOLS AND ORGANIZATIONS AROUND THE WORLD.
    Expenses $345,397 · revenue $159,687

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-3587685
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$108,007
Income (IRS master file)
$448,659

Revocation and reinstatement

Exemption revoked
May 15, 2010
Posted by the IRS
March 1, 2017
Reinstated
Effective May 15, 2010

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$448,659$432,132$108,007IRS
990December 2023$414,726$482,353$92,265XML
990December 2022$383,946$397,436$112,535IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3587685).

Questions about 24 HOUR COMPANY

What is the EIN of 24 HOUR COMPANY?
The employer identification number (EIN) of 24 HOUR COMPANY is 04-3587685.
Is 24 HOUR COMPANY tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
Are donations to 24 HOUR COMPANY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does 24 HOUR COMPANY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of 24 HOUR COMPANY due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did 24 HOUR COMPANY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of 24 HOUR COMPANY?
The 990 for the year ended December 31, 2024 names MARK ARMSTRONG.
Who are the officers and directors of 24 HOUR COMPANY?
The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $57,200 (MARK ARMSTRONG, ARTISTIC DIR).
How much revenue does 24 HOUR COMPANY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $448,659, expenses of $432,132 and total assets of $108,007 at year end.

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