Premiera Inc
- Assets
- $49.8k
- Revenue
- $274.6k
- Investments
- $0.0
- Employees
- 51
- Location
- New York, NY
- Founding
- 04/2000
- Data as of
- 12/2022
- EIN
- 13-4096976
Organization Overview
Premiera Inc is located in New York, NY. The organization was established in 2000. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Premiera Inc employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Premiera 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 12/2022, Premiera Inc generated $274.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.5% each year . All expenses for the organization totaled $300.4k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PREMIERES' MISSION IS TO SUPPORT THE DEVELOPMENT AND PROMOTION OF NEW MUSIC THEATER WORKS IN NEW YORK CITY BY EXCEPTIONAL PLAYWRIGHTS, LYRICISTS AND COMPOSERS WHOSE CREATIVE VISIONS MOVE THE ART FORM FORWARD AND ENRICH THE LEXICON OF THE AMERICAN MUSICAL THEATER. WE PRESENT STAGED READINGS OF WORKS IN DEVELOPMENT AS WELL AS CREATE NEW PARTNERSHIPS THROUGH COMMISSIONS, DEVELOPMENT AND FULL PRODUCTIONS IN OUR 'INNER VOICES' INITIATIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PREMIERA, INC. CONTINUED TO FACILITATE OUR NEWEST LICENSING INITIATIVE OF LICENSING OUR PREVIOUS INNER VOICES CATALOGUE FROM 2008-2018 TO REGIONAL THEATRES AS WELL AS FULFILLING ORDERS OF OUR CD'S FROM 2019 DONORS. WE RELAUNCHED OUR PRODUCTION PLANS FOR THE POSTPONED 20TH ANNIVERSERY OF LOS OTROS IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paulette Haupt Artistic Direct | Trustee | 25 | $0 |
Edward Trach President | OfficerTrustee | 1 | $0 |
Joyce Castle Board Member | Trustee | 1 | $0 |
Susan Elliot Board Member | Trustee | 1 | $0 |
Michele Lowe Board Member | Trustee | 1 | $0 |
Mary Beth Peil Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $219,724 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $219,724 |
| Total Program Service Revenue | $36,612 |
| Investment income | $12 |
| 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 | $274,619 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $101,942 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,377 |
| Payroll taxes | $15,833 |
| Fees for services: Management | $39,747 |
| 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 | $4,154 |
| Advertising and promotion | $12,609 |
| Office expenses | $7,211 |
| 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 | $53,677 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,160 |
| All other expenses | -$334 |
| Total functional expenses | $300,353 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,017 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,738 |
| Total assets | $49,755 |
| Accounts payable and accrued expenses | $12,825 |
| 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 | $0 |
| Total liabilities | $12,825 |
| Net assets without donor restrictions | $36,930 |
| Net assets with donor restrictions | $0 |
| 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 | $49,755 |