Theatre For The New City Foundation Inc is located in New York, NY. The organization was established in 1971. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Theatre For The New City Foundation Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Theatre For The New City Foundation 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 06/2023, Theatre For The New City Foundation Inc generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $1.2m during the year ending 06/2023. While expenses have increased by 3.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THEATER FOR THE NEW CITY FOUNDATION, INC. PRODUCES AND PERFORMS NEW WORKS, MOSTLY BY AMERICAN PLAYWRIGHTS. THROUGH THE OPERATION OF A FOUR THEATER FACILITY, IT SERVES AS A COMMUNITY-BASED CULTURAL CENTER FOR THE EAST VILLAGE, LOWER EAST SIDE OF MANHATTAN, PROVIDING EXTENSIVE OUTREACH PROGRAMS AS WELL AS EXPERIMENTAL THEATER PERFORMANCES FOR THE THEATER-GOING PUBLIC. THE THEATER ALSO COMMISSIONS NEW WORKS FROM AMERICAS ESTABLISHED AND EMERGING PLAYWRIGHTS AND OFFERS A TRAINING PROGRAM WITH AN EXTENSIVE WORKSHOP SERIES FOR PERFORMERS IN STREET THEATER AS WELL AS A PLAYWRIGHT DEVELOPMENT PROGRAM INVOLVING WORKSHOPS AND PRODUCTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE THEATER NURTURES AND DEVELOPS WRITERS FOR THE AMERICAN STAGE. THE THEATER DOES ONLY NEW WORK - ALL PREMIERS. IT PRODUCES A PLAYWRIGHT MORE THAN ONCE, AS THE WRITER GAINS STRENGTH OVER A PERIOD OF TIME. IT DOES FULL-LENGTH PLAYS, MANY WITH MUSIC AND SONG AND CHOREOGRAPHY. EACH YEAR, THE THEATER PRODUCES BETWEEN 30-40 NEW AMERICAN PLAYS BY BOTH EMERGING WRITERS, ESTABLISHED WRITERS, AND THEATER COMPANIES THAT HAVE NO PERMANENT HOME. THE RESIDENT THEATER PRODUCES 20-30 NEW AMERICAN PLAYS PER YEAR, PROVIDING A FORUM FOR BOTH NEW AND MID-CAREER WRITERS TO EXPERIMENT WITH THEIR WORK AND DEVELOP AS ARTISTS.
STREET THEATER - THE ANNUAL SUMMER STREET THEATER IS A FREE OPERETTA-FOR-THE-STREETS THAT TOURS 13 LOCATIONS IN ALL 5 BOROUGHS OF NEW YORK CITY. BEGUN IN THE EARLY 1970S AND EMBODYING THE GRASSROOTS IDEALS OF THAT DECADE, STREET THEATER AIMS TO RAISE SOCIAL AWARENESS IN THE COMMUNITIES IT PERFORMS IN, CREATING CIVIC DIALOGUE THAT INSPIRES A BETTER UNDERSTANDING OF THE WORLD BEYOND THE COMMUNITIES GEOGRAPHIC BOUNDARIES. STREET THEATER PLAYS TO AN ESTIMATED 25,000 PEOPLE EACH SUMMER.
COMMUNITY FESTIVAL - THE COMMUNITY FESTIVAL PROGRAM IS A RESULT OF THE THEATERS STRONG COMMITMENT TO THE COMMUNITY. CONSISTING OF THE VILLAGE HALLOWEEN COSTUME BALL AND THE LOWER EAST SIDE FESTIVAL OF THE ARTS, IT GIVES LOW-INCOME NEIGHBORHOOD RESIDENTS AND CURIOUS OUT-OF-TOWNERS ALIKE THE OPPORTUNITY TO EXPERIENCE SOME OF THE ARTISTIC DIVERSITY OF NEW YORK CITY FOR FREE. THE HALLOWEEN BALL SHOWCASES OVER 450 ARTISTS AND PERFORMERS AT A MULTI-LEVEL THEATRICAL EVENT, SPILL OUT ONTO THE STREET, WHOSE PERFORMANCES ARE FREE TO THE PUBLIC. THE LOWER EAST SIDE FESTIVAL OF THE ARTS IS A FREE THREE-DAY WEEKEND LONG EXTRAVAGANZA CELEBRATING THE CULTURAL AND ARTISTIC DIVERSITY OF THE LOWER EAST SIDE. ARTS IN EDUCATION - THE THEATERS ARTS IN EDUCATION PROGRAM IS THE ONLY THEATER-TRAINING PROGRAM DEVELOPED SPECIFICALLY TO FOSTER COMMUNICATION AND SELF-ESTEEM IN AT-RISK AND LIMITED ENGLISH PROFICIENT STUDENTS. IT HAS SERVED P.S. 20, JHS 64, THE REGENTS FAMILY SHELTER AND THE CATHERINE STREET SHELTER, AND CURRENTLY CONSISTS OF A FREE AFTER SCHOOL THEATER WORKSHOP FOR LOW-INCOME LOWER EAST SIDE CHILDREN.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Marcante Director | Trustee | 40 | $24,700 |
Alexander Bartenieff Ops Mgr / Bod | OfficerTrustee | 30 | $29,740 |
Crystal Field President | OfficerTrustee | 40 | $19,500 |
Janet Cooper Piontek Chair | OfficerTrustee | 1 | $0 |
Philip Hackett Secretary | OfficerTrustee | 1 | $0 |
Vinie Burrows Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $14,761 |
Related organizations | $0 |
Government grants | $901,071 |
All other contributions, gifts, grants, and similar amounts not included above | $602,154 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,517,986 |
Total Program Service Revenue | $287,721 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$29,969 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,775,738 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $100,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $62,724 |
Compensation of current officers, directors, key employees. | $12,545 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $81,418 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $60,263 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $25,043 |
Advertising and promotion | $52,293 |
Office expenses | $31,925 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $25,457 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $7,196 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $82,582 |
Insurance | $32,822 |
All other expenses | $162,493 |
Total functional expenses | $1,168,891 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $46,731 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $13,615 |
Accounts receivable, net | $12,345 |
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 | $561 |
Net Land, buildings, and equipment | $2,876,572 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,949,824 |
Accounts payable and accrued expenses | $21,224 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $72,649 |
Total liabilities | $93,873 |
Net assets without donor restrictions | $25,000 |
Net assets with donor restrictions | $2,830,951 |
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 | $2,949,824 |