American Theatre Wing Inc
- Assets
- $14.9m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 14
- Location
- New York, NY
- Founding
- 12/1958
- Data as of
- 12/2021
- EIN
- 13-1893906
Organization Overview
American Theatre Wing Inc is located in New York, NY. The organization was established in 1958. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, American Theatre Wing Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Theatre Wing Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, American Theatre Wing Inc generated $2.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $2.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Theatre Wing Inc has awarded 139 individual grants totaling $1,891,822. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FURTHERANCE OF EXCELLENCE IN THE THEATRE ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE 2020/2021 SEASON, ATW CONTINUED TO DEVELOP THE NEXT GENERATION OF THEATRE ARTISTS BY INVESTING IN THE GROWTH AND EVOLUTION OF THE AMERICAN THEATR BOTH ON STAGE AND BEHIND THE SCENES. ATW BEGAN ITS SIXTH YEAR OF THE ANDREW LLOYD WEBBER INITIATIVE, A NATIONAL DIVERSITY, EQUITY AND INCLUSION PROGRAM THAT CREATES THEATRE EDUCATION OPPORTUNITIES FOR UNDERSERVED STUDENTS THROUGH CLASSROOM GRANTS, TRAINING SCHOLARSHIPS, AND UNIVERSITY SCHOLARSHIPS. IN ADDITION, ATW PARTNERED WITH THE NEA FOR A FOURTH YEAR OF THE MUSICAL THEATRE SONGWRITING CHALLENGE PROVIDING MENTORSHIPS TO HIGH SCHOOL SONGWRITERS PURSUING MUSICAL THEATRE. BOTH OF THESE PROGRAMS HAVE ALLOWED ATW TO CREATE A STRONGER, MORE INCLUSIVE AND EQUITABLE PIPELINE TO CAREERS IN THEATRE THAT EXTENDS TO OUR PROFESSIONAL DEVELOPMENT TRAINING PROGRAMS, WHICH WERE ADAPTED TO A DIGITAL AND NATIONAL FORMAT DUE TO COVID-19 (MASTER CLASS, THE NETWORK, AND SPRINGBOARD TO DESIGN), GRANTS (JONATHAN LARSON GRANTS), AND AWARDS (TONY AWARDS AND OBIE AWARDS); SERVING EMERGING THEATRE PROFESSIONALS AT THE CRITICAL JUNCTURE OF THEIR ACADEMIC AND PROFESSIONAL LIVES. THROUGH THIS ENTIRE ARC OF SUPPORT, THE ORGANIZATION CONTINUED TO INCREASE ITS AUDIENCE THROUGH ITS MEDIA PROGRAMMING, INCLUDING "WORKING IN THE THEATRE," WHICH HAS GARNERED MULTIPLE NATIONAL AWARDS, AND SHARES INSIGHT INTO THE PROCESS OF CREATING GREAT THEATRE. ENGAGEMENT WITH THE PUBLIC ALSO EXTENDS THROUGH BOTH THE TONY AND OBIE AWARDS, OFF - BROADWAY'S HIGHEST HONOR. JUST AS THE TONY AWARDS HAS A LIVE TELECAST, ATW HAS IMPLEMENTED A LIVESTREAM FOR THE OBIE AWARDS, BRINGING NYC THEATRE INTO MILLIONS OF HOMES ACROSS THE NATION, AND WORLD. THROUGH THESE EFFORTS, ATW CREATES ACCESS, EDUCATION, AND DEVELOPMENT OPPORTUNITIES FOR STUDENTS, THEATRE PROFESSIONALS, AND AUDIENCE MEMBERS, CREATING A MORE INCLUSIVE AMERICAN THEATRE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather A Hitchens President/ceo | Officer | 40 | $339,357 |
Ian Weiss Senior Dir. Digital Content | 40 | $107,827 | |
James Higgins Vice Chair | OfficerTrustee | 5 | $0 |
Nadine Wong Vice Chair | OfficerTrustee | 5 | $0 |
Natasha Katz Secretary | OfficerTrustee | 5 | $0 |
Dale Cendali Vice Chair | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $628,750 |
| Related organizations | $0 |
| Government grants | $397,990 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,354,809 |
| Noncash contributions included in lines 1a–1f | $255,793 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,381,549 |
| Total Program Service Revenue | $0 |
| Investment income | $475,911 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $33,631 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,355 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,894,134 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $421,902 |
| Grants and other assistance to domestic individuals. | $173,371 |
| Grants and other assistance to Foreign Orgs/Individuals | $7,600 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $381,402 |
| Compensation of current officers, directors, key employees. | $18,723 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $610,465 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $163,269 |
| Payroll taxes | $62,923 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,343 |
| Fees for services: Accounting | $120,530 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $27,000 |
| Fees for services: Investment Management | $62,759 |
| Fees for services: Other | $307,981 |
| Advertising and promotion | $21,486 |
| Office expenses | $28,995 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $186,828 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $35,560 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,489 |
| Insurance | $28,202 |
| All other expenses | $240 |
| Total functional expenses | $2,836,098 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,746,824 |
| Savings and temporary cash investments | $22,457 |
| Pledges and grants receivable | $412,912 |
| Accounts receivable, net | $2,482 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $140,597 |
| Net Land, buildings, and equipment | $108,400 |
| Investments—publicly traded securities | $12,409,297 |
| Investments—other securities | $0 |
| Investments—program-related | $16,134 |
| Intangible assets | $0 |
| Other assets | $68,311 |
| Total assets | $14,927,414 |
| Accounts payable and accrued expenses | $403,599 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $496,786 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $131,867 |
| Total liabilities | $1,032,252 |
| Net assets without donor restrictions | $12,089,382 |
| Net assets with donor restrictions | $1,805,780 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $14,927,414 |
Grants Awarded
Over the last fiscal year, American Theatre Wing Inc has awarded $406,902 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF NORTH CAROLINA SCHOOL OF THE ARTS PURPOSE: PRODUCTION OF DRAMATIC AND /OR MUSICAL THEATRE | $30,000 |
Boston, MA PURPOSE: PRODUCTION OF DRAMATIC AND /OR MUSICAL THEATRE | $28,530 |
NEW YORK CITY DEPARTMENT OF EDUCATION PURPOSE: PRODUCTION OF DRAMATIC AND /OR MUSICAL THEATRE | $21,685 |
COWETA COUNTY SCHOOL SYSTEM BOARD OF EDUCATION PURPOSE: PRODUCTION OF DRAMATIC AND /OR MUSICAL THEATRE | $20,000 |
New York, NY PURPOSE: PRODUCTION OF DRAMATIC AND /OR MUSICAL THEATRE | $20,000 |
Bronx, NY PURPOSE: PRODUCTION OF DRAMATIC AND /OR MUSICAL THEATRE | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 26 grants that American Theatre Wing Inc has recieved totaling $520,948.
| Awarding Organization | Amount |
|---|---|
Millicent And Eugene Bell Foundation Boston, MA PURPOSE: GENERAL FUND | $125,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $51,609 |
Arizona Community Foundation Phoenix, AZ PURPOSE: PROGRAM SUPPORT | $40,000 |
Greenaway Foundation Stamford, CT PURPOSE: GENERAL FUND | $37,783 |
Shubert Foundation Inc New York, NY PURPOSE: GENERAL OPERATING | $30,000 |
Schloss Family Foundation Inc Stamford, CT PURPOSE: GENERAL SUPPORT | $30,000 |
Endowment Analysis
| Earnings | $21,696 |
| Net Contributions | $201,707 |
| Other Expense | $10,000 |
| Ending Balance | $213,403 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Democracy Prep Public Schools New York, NY | $18,413,140 | $22,499,463 |
Theatre Development Fund Inc New York, NY | $10,654,511 | $12,739,705 |
New England Foundation For The Arts Inc Boston, MA | $37,132,144 | $19,074,510 |
New York Foundation For The Arts Inc Brooklyn, NY | $8,779,392 | $10,995,267 |
Moving Picture Institute New York, NY | $5,367,184 | $7,460,439 |
Liz Claiborne & Art Ortenberg Foundation New York, NY | $208,358,667 | $11,296,700 |
Pseg Foundation Inc Newark, NJ | $49,926,270 | $78,342 |
United Way Of Lancaster County Lancaster, PA | $8,532,432 | $6,314,775 |
Art Of Problem Solving Initiative Inc New York, NY | $11,649,838 | $7,944,885 |
Performance Zone Inc New York, NY | $3,205,718 | $5,815,345 |
America-Israel Cultural Foundation Inc New York, NY | $5,736,559 | $3,348,442 |
Music Performance Trust Fund New York, NY | $10,128,887 | $4,587,841 |