Alliance Of Resident Theatres New York Inc
- Assets
- $28.3m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 60
- Location
- New York, NY
- Founding
- 10/1973
- Data as of
- 06/2021
- EIN
- 13-2768583
Organization Overview
Alliance Of Resident Theatres New York Inc is located in New York, NY. The organization was established in 1973. According to its NTEE Classification (A01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Alliance Of Resident Theatres New York Inc employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alliance Of Resident Theatres New York 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 06/2021, Alliance Of Resident Theatres New York Inc generated $3.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $5.0m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Alliance Of Resident Theatres New York Inc has awarded 213 individual grants totaling $7,535,499. 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
PROVIDES SPACE, GRANTS, LOANS AND OTHER SERVICES TO NEW YORK CITY'S NOT-FOR-PROFIT THEATRE GROUPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ALLIANCE OF RESIDENT THEATRES/NEW YORK (A.R.T./NEW YORK) IS THE SERVICE AND ADVOCACY ORGANIZATION FOR NEW YORK CITY'S NOT-FORPROFIT THEATRE COMMUNITY. FOUNDED IN 1972, A.R.T./NEW YORK SUPPORTS OVER 400 MEMBER THEATRES IN REALIZING THEIR RICH ARTISTIC VISIONS AND SERVING THEIR AUDIENCES WELL. LOCATED THROUGHOUT NEW YORK STATE AND THE FIVE BOROUGHS OF NEW YORK CITY, A.R.T./NEW YORK MEMBERS ARE THE MOST ARTISTICALLY INFLUENTIAL AND CULTURALLY DIVERSE THEATRE COMMUNITY IN THE NATION. A.R.T./NEW YORK'S SERVICES INCLUDE: AFFORDABLE OFFICE, STUDIO, AND PERFORMANCE SPACE RENTALS; PROFESSIONAL DEVELOPMENT WORKSHOPS; ROUNDTABLE DISCUSSIONS AND FIELD-WIDE CONVENINGS; MULTI-FACETED INITIATIVES TO ADDRESS EQUITY, DIVERSITY, INCLUSION, AND ACCESS THROUGHOUT THE FIELD; LONG-TERM ARTS CONSULTANCIES; CASH AND IN-KIND GRANTS; LOWINTEREST CASH FLOW AND REAL ESTATE LOANS; RESEARCH ON THE FIELD; AND ADVOCACY.
THE ALLIANCE OF RESIDENT THEATRES/NEW YORK (A.R.T./NEW YORK) IS THE SERVICE AND ADVOCACY ORGANIZATION FOR NEW YORK CITY'S NOT-FORPROFIT THEATRE COMMUNITY. FOUNDED IN 1972, A.R.T./NEW YORK SUPPORTS OVER 400 MEMBER THEATRES IN REALIZING THEIR RICH ARTISTIC VISIONS AND SERVING THEIR AUDIENCES WELL. LOCATED THROUGHOUT NEW YORK STATE AND THE FIVE BOROUGHS OF NEW YORK CITY, A.R.T./NEW YORK MEMBERS ARE THE MOST ARTISTICALLY INFLUENTIAL AND CULTURALLY DIVERSE THEATRE COMMUNITY IN THE NATION. A.R.T./NEW YORK'S SERVICES INCLUDE: AFFORDABLE OFFICE, STUDIO, AND PERFORMANCE SPACE RENTALS; PROFESSIONAL DEVELOPMENT WORKSHOPS; ROUNDTABLE DISCUSSIONS AND FIELD-WIDE CONVENINGS; MULTI-FACETED INITIATIVES TO ADDRESS EQUITY, DIVERSITY, INCLUSION, AND ACCESS THROUGHOUT THE FIELD; LONG-TERM ARTS CONSULTANCIES; CASH AND IN-KIND GRANTS; LOWINTEREST CASH FLOW AND REAL ESTATE LOANS; RESEARCH ON THE FIELD; AND ADVOCACY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virginia Louloudes Executive Director | OfficerTrustee | 40 | $205,518 |
Corrine Woods Director Of Programs | 40 | $104,385 | |
Risa Shoup Executive Director | OfficerTrustee | 40 | $46,154 |
Andrew Leynse Secretary | OfficerTrustee | 2 | $0 |
Deadria Harrington Chair | OfficerTrustee | 2 | $0 |
Susan Bernfield President | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Arts Pool Services Inc Management Services | 6/29/21 | $153,730 |
Melissa Sandor Fundraising Advisory | 6/29/21 | $105,775 |
Arts Pool Services Inc Management Services | 6/29/21 | $153,730 |
Melissa Sandor Fundraising Advisory | 6/29/21 | $105,775 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $76,353 |
| Related organizations | $0 |
| Government grants | $567,274 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,983,201 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,626,828 |
| Total Program Service Revenue | $779,797 |
| Investment income | $98,402 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $77,092 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,646,469 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,292,019 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $302,637 |
| Compensation of current officers, directors, key employees. | $30,264 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $905,187 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $146,372 |
| Payroll taxes | $88,317 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,137 |
| Fees for services: Accounting | $189,831 |
| Fees for services: Lobbying | $33,677 |
| Fees for services: Fundraising | $105,775 |
| Fees for services: Investment Management | $15,683 |
| Fees for services: Other | $346,696 |
| Advertising and promotion | $3,957 |
| Office expenses | $10,000 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $415,005 |
| Travel | $650 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,236 |
| Interest | $20,731 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $755,635 |
| Insurance | $74,911 |
| All other expenses | $20,547 |
| Total functional expenses | $5,023,909 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,758,648 |
| Savings and temporary cash investments | $1,098,202 |
| Pledges and grants receivable | $746,370 |
| Accounts receivable, net | $65,427 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $61,944 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $20,173,733 |
| Investments—publicly traded securities | $3,149,139 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $216,434 |
| Total assets | $28,269,897 |
| Accounts payable and accrued expenses | $379,449 |
| Grants payable | $0 |
| Deferred revenue | $102,146 |
| 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 | $359,154 |
| Unsecured mortgages and notes payable | $654,002 |
| Other liabilities | $1,149,182 |
| Total liabilities | $2,643,933 |
| Net assets without donor restrictions | $19,896,642 |
| Net assets with donor restrictions | $5,729,322 |
| 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 | $28,269,897 |
Grants Awarded
Over the last fiscal year, Alliance Of Resident Theatres New York Inc has awarded $1,443,640 in support to 102 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: relief fund | $62,000 |
New York, NY PURPOSE: relief fund | $62,000 |
Amherst, MA PURPOSE: relief fund | $55,000 |
Bronx, NY PURPOSE: relief fund | $55,000 |
Amherst, MA PURPOSE: relief fund | $55,000 |
Bronx, NY PURPOSE: relief fund | $55,000 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Alliance Of Resident Theatres New York Inc has recieved totaling $1,509,437.
| Awarding Organization | Amount |
|---|---|
Andrew W Mellon Foundation New York, NY PURPOSE: TO CONTINUE SUPPORT FOR THEATER REHEARSAL SPACE SUBSIDIES THROUGH THE CREATIVE SPACE GRANT PROGRAM | $475,000 |
Howard Gilman Foundation Inc New York, NY PURPOSE: FOUNDATION GRANT - REGRANTING | $345,000 |
Howard Gilman Foundation Inc New York, NY PURPOSE: FOUNDATION GRANT - GENERAL OPERATING SUPPORT | $250,000 |
Howard Gilman Foundation Inc New York, NY PURPOSE: PLEDGED BUT UNPAID - REGRANTING | $240,000 |
Shubert Foundation Inc New York, NY PURPOSE: GENERAL OPERATING | $170,000 |
Jerome M Cohen Foundation New York, NY PURPOSE: TO FURTHER DONOR'S PURPOSE | $20,000 |
Endowment Analysis
| Beg. Balance | $200,605 |
| Ending Balance | $200,605 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Us India Friendship Alliance Inc New York, NY | $3,250,782 | $21,813,031 |
Philadelphia Mural Arts Advocates Philadelphia, PA | $13,776,792 | $9,126,608 |
Television Bureau Of Advertising Inc New York, NY | $8,780,795 | $8,682,218 |
Alliance Of Resident Theatres New York Inc New York, NY | $28,269,897 | $3,646,469 |
Free Press Florence, MA | $5,225,748 | $3,064,544 |
Opportunity Agenda Inc New York, NY | $12,042,303 | $10,913,662 |
New England Cable Tv Association Boston, MA | $1,108,153 | $2,924,589 |
Printing Industries Of America Inc Warrendale, PA | $0 | $745,523 |
Femm Foundation New York, NY | $172,409 | $928,497 |
Mr Mo Project Senior Dog Rescue Inc Clifton Park, NY | $93,771 | $728,130 |
Connecticut Pharmaceutical Association Rocky Hill, CT | $223,334 | $364,792 |
Community Catalyst Action Fund Inc Boston, MA | $866,399 | $202,467 |