Folksbiene Yiddish Theatre Inc
- Assets
- $1.5m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 70
- Location
- New York, NY
- Founding
- 11/1998
- Data as of
- 06/2021
- EIN
- 13-3998872
Organization Overview
Folksbiene Yiddish Theatre Inc is located in New York, NY. The organization was established in 1998. 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 06/2021, Folksbiene Yiddish Theatre Inc employed 70 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Folksbiene Yiddish Theatre 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, Folksbiene Yiddish Theatre Inc generated $1.4m 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 (4.2%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE NATIONAL YIDDISH THEATRE - FOLKSBIENE'S MISSION IS TO CELEBRATE THE JEWISH EXPERIENCE THROUGH THE PERFORMING ARTS AND TRANSIT THE LEGACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PRESENTS PLAYS, MUSICALS, CONCERTS, LECTURES, INTERACTIVE EDUCATIONAL WORKSHOPS AND COMMUNITY-BUILDING ACTIVITIES IN ENGLISH AND YIDDISH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dominick Balletta Executive Director | Officer | 40 | $159,555 |
Zalman Mlotek Artistic Director | Officer | 40 | $151,459 |
Jeffrey S Wiesenfeld Treasurer | OfficerTrustee | 10 | $0 |
Barnett Zumoff Trustee (part Year) | OfficerTrustee | 5 | $0 |
Carol Levin Co-Chair | OfficerTrustee | 5 | $0 |
Mark Mlotek President | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $359,915 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $971,157 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,331,072 |
| Total Program Service Revenue | $59,540 |
| Investment income | $3,201 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,394,349 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $339,891 |
| Compensation of current officers, directors, key employees. | $76,443 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $482,114 |
| Pension plan accruals and contributions | $9,702 |
| Other employee benefits | $67,532 |
| Payroll taxes | $64,236 |
| Fees for services: Management | $12,175 |
| Fees for services: Legal | $5,495 |
| Fees for services: Accounting | $18,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $64,700 |
| Advertising and promotion | $30,946 |
| Office expenses | $78,961 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,959 |
| Interest | $6,070 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,523 |
| Insurance | $43,359 |
| All other expenses | $800 |
| Total functional expenses | $1,503,750 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,825 |
| Savings and temporary cash investments | $909,306 |
| Pledges and grants receivable | $65,000 |
| Accounts receivable, net | $4,130 |
| 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 | $154,331 |
| Net Land, buildings, and equipment | $152,782 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $102,931 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,531,305 |
| Accounts payable and accrued expenses | $120,215 |
| Grants payable | $0 |
| Deferred revenue | $287,917 |
| 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 | $150,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $73,681 |
| Total liabilities | $631,813 |
| Net assets without donor restrictions | $811,742 |
| Net assets with donor restrictions | $87,750 |
| 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 | $1,531,305 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Folksbiene Yiddish Theatre Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Waldman Foundation Harrison, NY PURPOSE: GENERAL | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vivian Beaumont Theater Inc New York, NY | $199,499,593 | $19,952,200 |
American Repertory Theatre Cambridge, MA | $28,732,151 | $12,990,237 |
Signature Theatre Company New York, NY | $62,849,854 | $11,675,589 |
Playwrights Horizons Inc New York, NY | $27,151,743 | $13,749,281 |
Huntington Theatre Company Inc Boston, MA | $85,399,357 | $14,500,477 |
Manhattan Theatre Club Inc New York, NY | $95,784,807 | $15,978,594 |
Hartford Stage Company Hartford, CT | $23,293,519 | $12,254,112 |
Stella Adler Studio Of Acting New York, NY | $5,616,573 | $9,953,377 |
Storyville Center For The Spoken Word Inc New York, NY | $12,362,100 | $12,256,751 |
Second Stage Theatre New York, NY | $62,708,833 | $8,654,071 |
Atlantic Theater Company New York, NY | $26,591,945 | $8,396,675 |
Geva Theatre Center Inc Rochester, NY | $17,333,733 | $8,117,861 |