Nonprofit · EIN 45-3158715
FLYING V LTD
Also known as COLIN A GRUBE MBR
Tax-exempt (reinstated) · BETHESDA, MD 20814
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $332,158 | $330,621 | $1,537 | $16,725 | $0 | $16,725 |
| December 31, 2024 | 990 | $349,047 | $359,073 | -$10,026 | $15,188 | $0 | $15,188 |
| December 31, 2023 | 990 | $287,745 | $295,246 | -$7,501 | $20,620 | $0 | $20,620 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $258,829
- of which government grants
- $68,258
- Program service revenue
- $73,327
- Investment income
- $2
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $42,000
- Other salaries and wages
- $57,051
- Salaries, compensation and benefits (total)
- $109,322
- Professional fundraising fees
- $0
- Occupancy
- $15,750
- Travel
- $1,284
- Program services (functional)
- $179,105
- Management and general (functional)
- $150,974
Balance sheet and other
- Total assets, start of year
- $15,188
- Total assets, end of year
- $16,725
- Total liabilities, end of year
- $0
- Net assets, end of year
- $16,725
- Net assets without donor restrictions
- $16,725
- Gross receipts
- $332,158
- Employees
- 1
- Volunteers
- 15
- Year formed
- 2011
- State of legal domicile
- MD
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alexandra Kelly Colburn | Executive Director Key employee, Highest-paid employee | 45 | $42,000 |
| Michael Beder | Secretary Trustee or director | 2 | $0 |
| Warren Sharon | Vice Chair Trustee or director | 2 | $0 |
| Myra Cruz | Chair Trustee or director | 3 | $0 |
| Katherine Ross | Treasurer Trustee or director | 3 | $0 |
| Aaron Kirouac | At-Large Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alexandra Kelly Colburn | Executive Director Key employee, Highest-paid employee | 45 | $31,661 |
| Michael Beder | Secretary Trustee or director | 2 | $0 |
| Warren Sharon | Vice Chair Trustee or director | 2 | $0 |
| Myra Cruz | Chair Trustee or director | 3 | $0 |
| Katherine Offutt Ross | Treasurer Trustee or director | 3 | $0 |
| Aaron Kirouac | At-Large Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Katherine Ross | Executive Director Key employee, Highest-paid employee | 45 | $37,000 |
| Michael Beder | Secretary Trustee or director | 2 | $0 |
| Warren Sharon | Treasurer Trustee or director | 2 | $0 |
| Pete Miller | Chair Trustee or director | 3 | $0 |
| Bob Cali | Vice Chair Trustee or director | 3 | $0 |
| Myra Cruz | At-Large Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4805 EDGEMOOR LN SUITE 101, BETHESDA, MD 20814-5324
- In care of
- % KELLY COLBURN
- Mailing address (990-N for 2014)
- 7979 Old Georgetown Rd 10th Floor, Bethesda MD 20814
- Principal officer (990 for 2025)
- KELLY COLBURN, 4805 EDGEMOOR LN SUITE 101, BETHESDA, MD 208145324
- Principal officer (990-N for 2014)
- John Barkmeyer, 7979 Old Georgetown Rd 10th Floor, Bethesda MD 20814
- Signed the 990
- Ruben, Vellekoop
- Phone
- (410) 357-1837
- Website
- www.flyingvtheatre.com
Mission
Flying V is a performing arts organization that creates intersectional niche-based art to provide spaces of belonging to artists and audiences. We share and interpret modern mythologies that affirm individuals unique identities and their relationship to the world. Our work and how we create it is rooted in care for and accountability to those same individuals.
Program accomplishments
- Flying V brought cerebral science fiction to the stage this fall with the regional premiere of Doctor Moloch by Carla Milarch. Its 2029. A Silicon Valley tech genius finishes development on the first humanoid medical AI Doctor Moloch. Theres just one problem: the good doctor lacks empathy. Enter Serena Blaise an award-winning actress in the twilight of her career hired to teach Doctor Moloch how to be human. With a multi-million dollar contract on the line can she afford to fail?Expenses $32,179 · revenue $22,315
- Flying V and Renaissance Rumbles continued partnership to bring state of the art pro-wrestling training to the DMV flourishes. Program focuses on expert performance and technique for advanced trainees as part of their gym membership.Expenses $18,162 · revenue $31,560
- The Fights Wing at Flying V produced a three-arc theatrical spectacle exploring comedic movement based storytelling through pro-wrestling. Company favorite heroes teamed up to fight against the dark forces of the FighterVerse in adventures that keep you on the edge of your seat.Expenses $17,349 · revenue $19,794
- Other programs and general program support including: Summer Library Tour Play in a Day Workshops Readings convention programstabling programming contractors etc.Expenses $111,415 · revenue $341
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 | 990 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
- 45-3158715
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A65)
- Assets (IRS master file)
- $16,725
- Income (IRS master file)
- $332,158
Revocation and reinstatement
- Exemption revoked
- May 15, 2014
- Posted by the IRS
- August 11, 2014
- Reinstated
- Effective May 15, 2014
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 2025 | $332,158 | $330,621 | $16,725 | XML |
| 990 | December 2024 | $349,047 | $359,073 | $15,188 | IRS |
| 990 | December 2023 | $287,745 | $295,246 | $20,620 | XML |
| 990 | December 2022 | $263,923 | $286,950 | $28,146 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2014 Officer: John Barkmeyer | December 31, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
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 45-3158715).
Questions about FLYING V LTD
- What is the EIN of FLYING V LTD?
- The employer identification number (EIN) of FLYING V LTD is 45-3158715.
- Is FLYING V LTD tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2014 and reinstated it effective May 15, 2014.
- Are donations to FLYING V LTD tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FLYING V LTD 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 FLYING V LTD due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FLYING V LTD last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FLYING V LTD?
- The 990 for the year ended December 31, 2025 names KELLY COLBURN.
- Who are the officers and directors of FLYING V LTD?
- The 990 for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $42,000 (Alexandra Kelly Colburn, Executive Director).
- How much revenue does FLYING V LTD have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $332,158, expenses of $330,621 and total assets of $16,725 at year end.
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