Nonprofit · EIN 04-3587685
24 HOUR COMPANY
Tax-exempt (reinstated) · BROOKLYN, NY 11231
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $448,659 | $432,132 | $16,527 | $108,007 | $124,036 | -$16,029 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARK ARMSTRONG | ARTISTIC DIR Trustee or director, Officer | 40 | $57,200 | $2,288 |
| SHARI SOOFIAN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JULIE MERCER | SECRETARY Trustee or director | 1 | $0 | $0 |
| LINDSAY BOWEN | TRUSTEE Trustee or director | 0 | $0 | $0 |
| CHRISTOPHER OSCAR PENA | TRUSTEE Trustee or director | 0 | $0 | $0 |
| SEKKA SCHER | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MICHAEL SCHLOSS | TRUSTEE Trustee or director | 0 | $0 | $0 |
| BETH WISHNIE | TRUSTEE Trustee or director | 0 | $0 | $0 |
| CHRISTY GRESSMAN | TRUSTEE Trustee or director | 0 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARK ARMSTRONG | ARTISTIC DIR Trustee or director, Officer | 40 | $54,067 | $3,967 |
| LINDSAY BOWEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARIO CORREA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| J HOLTHAM | VICE PRESIDE Trustee or director | 1 | $0 | $0 |
| JULIE MERCER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CHRISTOPHER OSCAR PENA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SEKKA SCHER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MICHAEL SCHLOSS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SHARI SOOFIAN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| KRISTIN TAYLOR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| EMMANUEL WILSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BETH WISHNIE | TRUSTEE 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
- Website
- WWW.24HOURPLAYS.COM
- 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
- Category (NTEE)
- Arts, culture and humanities (A65)
- 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $448,659 | $432,132 | $108,007 | IRS |
| 990 | December 2023 | $414,726 | $482,353 | $92,265 | XML |
| 990 | December 2022 | $383,946 | $397,436 | $112,535 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990 | December 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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All nonprofits in BROOKLYN · New York · Arts, culture and humanities