NEW 42ND STREET INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- NEW 42ND STREET INC (EIN 13-3584032)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-05
- IRS object ID
- 202521259349301877
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-05T14:08:49-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 131655065 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LUTZ AND CARR CPAS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 551 FIFTH AVENUE SUITE 400 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10176 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133584032 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE NEW 42ND STREET INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NEW4 | BusinessNameControlTxt |
| Phone | 6462233000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 229 WEST 42ND STREET 10TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RUSSELL GRANET | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6462233000 | PhoneNum |
| Signature | 2025-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | FREDERICK MARTENS | PreparerPersonNm |
| PTIN | P00298107 | PTIN |
| Phone | 2126972299 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RUSSELL GRANET | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 229 WEST 42ND STREET 10TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $32,827,741 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NEW42.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1988 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE NEW 42ND STREET, INC. CONNECTS KIDS AND THEIR FAMILIES ACROSS NYC TO WORLD-CLASS PERFORMANCES, ESSENTIAL EDUCATION PROGRAMS AND CREATIVE COMMUNITIES THAT PUSH CULTURE FORWARD. THROUGH THE NONPROFIT'S SIGNATURE PROJECTS, NEW VICTORY AND NEW 42 STUDIOS, NEW 42 PURSUES ITS MISSION TO MAKE EXTRAORDINARY PERFORMING ARTS A VITAL PART OF EVERYONE'S LIFE, FROM THE EARLIEST YEARS ONWARD. THE ORGANIZATION ALSO STEWARDS SEVEN HISTORIC THEATER PROPERTIES ON 42ND STREET, ENSURING THE LEGACY AND VITALITY OF AMERICA'S MOST ICONIC THEATER DISTRICT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 31 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 30 | VotingMembersIndependentCnt |
| Total Employee | 349 | TotalEmployeeCnt |
| Total Volunteers | 30 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,792,672 | PYContributionsGrantsAmt |
| CY Contributions Grants | $12,016,630 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $16,587,322 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $15,656,780 | CYProgramServiceRevenueAmt |
| PY Investment Income | $103,684 | PYInvestmentIncomeAmt |
| CY Investment Income | $334,526 | CYInvestmentIncomeAmt |
| PY Other Revenue | $92,884 | PYOtherRevenueAmt |
| CY Other Revenue | $25,735 | CYOtherRevenueAmt |
| PY Total Revenue | $23,576,562 | PYTotalRevenueAmt |
| CY Total Revenue | $28,033,671 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $11,995,046 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $13,783,352 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,517,567 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $9,049,650 | PYOtherExpensesAmt |
| CY Other Expenses | $9,578,343 | CYOtherExpensesAmt |
| PY Total Expenses | $21,044,696 | PYTotalExpensesAmt |
| CY Total Expenses | $23,361,695 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,531,866 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $4,671,976 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $52,293,407 | TotalAssetsBOYAmt |
| Total Assets EOY | $57,751,397 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $6,038,670 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,841,052 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $46,254,737 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $51,910,345 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $17,967,309 | ExpenseAmt |
| Revenue | $15,656,780 | RevenueAmt |
| Desc | THE NEW 42ND STREET, INC. (D/B/A NEW 42) IS A LEADING PERFORMING ARTS NONPROFIT WHOSE MISSION IS TO MAKE EXTRAORDINARY PERFORMING ARTS A VITAL PART OF EVERYONE'S LIFE FROM THE EARLIEST YEARS ONWARD. THROUGH THE NEW 42'S SIGNATURE PROJECTS, THE NEW VICTORY THEATER AND THE NEW 42ND STREET STUDIOS, THE ORGANIZATION CATALYZES THE POWER OF THE PERFORMING ARTS TO CHALLENGE, CHANGE AND CONNECT US ALL. THE NEW VICTORY THEATER IS NEW YORK CITY'S PREMIER THEATER FOR KIDS AND FAMILIES, WHICH PROVIDES SUBSTANTIAL EDUCATION, YOUTH DEVELOPMENT, AND NEW WORK DEVELOPMENT PROGRAMS EACH YEAR. THE NEW 42 STUDIOS COMPRISES A STATE-OF-THE-ART, 10-STORY REHEARSAL STUDIO FACILITY, AS WELL AS THE 199-SEAT BLACK BOX THEATER, THE DUKE ON 42ND STREET. (CON'D ON SCH O)THE ORGANIZATION ALSO STEWARDS SEVEN HISTORIC THEATER PROPERTIES ON 42ND STREET, ENSURING THE LEGACY AND VITALITY OF AMERICA'S MOST ICONIC THEATER DISTRICT. THE NEW 42ND STREET, INC. (D/B/A NEW 42) WAS ESTABLISHED IN 1990 BY THE CITY AND STATE OF NEW YORK AS A NON-PROFIT ORGANIZATION AND WAS ENTRUSTED WITH 99-YEAR LEASES OF SEVEN HISTORIC THEATERS AND TWO INFILL PROPERTIES ON 42ND STREET BETWEEN 7TH AND 8TH AVENUES IN NEW YORK CITY. GUIDED BY THE OVERALL PUBLIC GOAL OF RETURNING 42ND STREET TO ITS FORMER STATUS AS A LIVELY CULTURAL AND ENTERTAINMENT DESTINATION, NEW 42 OPERATES PROGRAMMING OUT OF TWO BUILDINGS UNDER ITS STEWARDSHIP: THE NEW VICTORY THEATER AND THE NEW 42 STUDIOS. NEW 42 HAS STRATEGICALLY SUBLEASED ITS REMAINING PROPERTIES TO ENSURE THE ONGOING VIBRANCY OF 42ND STREET'S HISTORIC THEATERS. THIS YEAR, NEW 42 DEDICATED ITSELF TO BUILDING: BUILDING OUR COMMUNITY THROUGH EXTRAORDINARY SHARED ARTS EXPERIENCES, BUILDING AUDIENCES BY PROVIDING ARTS EDUCATION AND PERFORMANCES THAT LEAVE A LASTING IMPRINT ON KIDS' HEARTS AND MINDS, AND BUILDING FUTURES BY INVESTING IN THE ARTISTS, BROADWAY PRODUCTIONS AND YOUTH THAT WILL DEFINE NEW YORK CITY'S NEXT GENERATION. IN 2023-2024, NEW 42 PRESENTED A DYNAMIC SEASON OF ARTS AND EDUCATIONAL PROGRAMMING FOR 58,093 KIDS AND FAMILIES VIA PUBLIC PERFORMANCES AT THE NEW VICTORY THEATER AND THROUGH EDUCATIONAL PROGRAMS AT 143 SCHOOLS ACROSS ALL FIVE BOROUGHS. PERFORMANCES INCLUDED 11 SHOWS FROM 8 COUNTRIES, INCLUDING 5 WORLD OR U.S. PREMIERES, AND PERFORMANCES FROM 9 LOCAL DANCE COMPANIES. THE AVERAGE TICKET PRICE FOR PUBLIC AUDIENCES WAS JUST $30, AND NEW 42 ADDITIONALLY PROVIDED 27,400 FREE AND REDUCED-COST TICKETS THROUGH OUR NEW VICTORY EDUCATION PROGRAM AND FOR NYCHA RESIDENTS VIA THE BRING YOUR FAMILY PROGRAM. THE NEW VICTORY YOUTH CORPS PROGRAM PROVIDED 50 HIGH SCHOOL AND COLLEGE STUDENTS WITH 17,200 HOURS OF PAID EMPLOYMENT AND CAREER PREPARATION SERVICES THROUGH A WORKFORCE DEVELOPMENT PROGRAM. THE NEW 42 STUDIOS HOUSED 31 BROADWAY, OFF-BROADWAY AND TOURING COMPANY REHEARSALS.NEW VICTORY THEATER: THE NEW VICTORY THEATER'S 2023-2024 SEASON FEATURED 11 DYNAMIC ARTISTS AND COMPANIES REPRESENTING 8 DISTINCT COUNTRIES FROM AROUND THE GLOBE PRESENTING INCREDIBLE WORKS THAT TOLD STORIES OF NEWFOUND FRIENDSHIP AND FAMILY, ENVIRONMENTAL PROTECTION, AND OVERCOMING OBSTACLES BY BELIEVING IN ONESELF. THE SEASON INCLUDED AN ARRAY OF ARTISTIC FORMS AND TECHNIQUES INCLUDING THE CIRCUS ARTS, PUPPETRY, VARIETY PERFORMANCES, AND THEATER. EACH PRODUCTION WAS ACCOMPANIED BY PRE- AND POST-SHOW ACTIVITIES LED BY NEW VICTORY TEACHING ARTISTS WHO ENGAGED KIDS IN ART-MAKING AND COMMUNITY-BUILDING.NEW VICTORY EDUCATION: IN THE 2023-2024 SEASON, 143 PARTNER SCHOOLS FROM ACROSS NEW YORK CITY PARTICIPATED IN THE NEW VICTORY EDUCATION PROGRAM. A ONCE-ANNUAL FEE OF $100 PROVIDED PRE-K THROUGH 12TH GRADE STUDENTS AND TEACHERS ACCESS TO MATINEE FIELD TRIP PERFORMANCES FOR THE SUBSIDIZED PRICE OF $2 A TICKET (THE SAME PRICE SINCE 1995), CLASSROOM WORKSHOPS LED BY NEW VICTORY TEACHING ARTISTS, AND A SERIES OF CULTURALLY-RESPONSIVE, EARLY CHILDHOOD ARTS EDUCATION RESOURCE GUIDES TO PROMOTE ARTISTIC INQUIRY AND CREATIVITY WITHIN SCHOOL CURRICULA AND TO PROVIDE TEACHERS WITH PROFESSIONAL DEVELOPMENT OPPORTUNITIES. NEW 42 YOUTH CORPS: NYC'S FIRST AND LARGEST THEATER EMPLOYMENT AND SKILLS-BUILDING PROGRAM FOR YOUTH, THE YOUTH CORPS PROVIDES TARGETED, PERSONALIZED SUPPORT SYSTEMS FOR YOUNG PEOPLE AS THEY TRANSITION FROM HIGH SCHOOL THROUGH COLLEGE AND INTO THEIR CHOSEN CAREERS IN AND BEYOND THE ARTS SECTOR. THROUGH PAID PART-TIME EMPLOYMENT, LIFE/JOB SKILLS TRAINING, COLLEGE MATRICULATION AND GRADUATION ASSISTANCE, AND DIRECT MENTORSHIP WITH ARTS PROFESSIONALS, YOUTH CORPS IN 2023-2024 SUPPORTED 50 YOUNG NEW YORKERS, AGES 16-24, AS THEY BEGAN TO NAVIGATE THE CHALLENGES FACED DURING THE OFTEN DIFFICULT TRANSITION INTO ADULTHOOD. | Desc |
| Total Program Service Expenses | $17,967,309 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 58 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 349 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 31 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 30 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHELE PAGNOTTA VICE PRESIDENT FINANCE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6462233000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 229 WEST 42ND STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100367299 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (39 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| FIONA HOWE RUDIN | |||||||||
| CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| SHAHARA AHMAN-LLEWELLYN | |||||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| MARC A SPILKER | |||||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| TIFFANY GARDNER | |||||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| STEFANIE KATZ ROTHMAN | |||||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| ANDREW SOMMERS | |||||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| YEMI BENEDICT-VATEL | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| LYNNE BIGGAR | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| LEIGH BISHOP | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| LILI FABLE | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| KELLY GALANIS | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| NEIL GUPTA | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| SHARON COPLAN HUROWITZ | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| BILL IRWIN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| AMY JACOBS | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| VINNIE KUMAR | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JI PARK KWAK | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| GREG LIPPMANN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN LITHGOW | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| SARAH LONG | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| SAMMY LOPEZ | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ISAAC MIZRAHI | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| LAURA O'DONOHUE | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| KATHERINE PECK | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ELIOT RUBENZAHL | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| HENRY TISCH | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ANN UNTERBERG | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| NICOLE WEISS | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| CHRISTINA ZAGARINO | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| LUCINDA ZILKHA | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| RUSSELL GRANET | |||||||||
| PRESIDENT & CEO | 40.00 | Yes (X) | Yes (X) | $574,836 | $0 | $78,292 | |||
| CORA CAHAN | |||||||||
| FORMER PRESIDENT | 0.00 | $108,912 | $0 | $0 | Yes (X) | ||||
| MICHELE PAGNOTTA | |||||||||
| VICE PRESIDENT, FINANCE | 40.00 | Yes (X) | $203,178 | $0 | $31,992 | ||||
| ELIZABETH A CASHOUR | |||||||||
| VICE PRESIDENT, DEVELOPMENT | 40.00 | $211,650 | $0 | $22,813 | Yes (X) | ||||
| MARY E ROSE | |||||||||
| ARTISTIC DIRECTOR | 40.00 | $231,988 | $0 | $25,066 | Yes (X) | ||||
| WENDY M HUTTON | |||||||||
| VICE PRESIDENT, ADMINISTRATION | 40.00 | $190,755 | $0 | $21,769 | Yes (X) | ||||
| LAUREN P FITZGERALD | |||||||||
| VP, MARKETING & COMMUNICATIONS | 40.00 | $183,120 | $0 | $24,528 | Yes (X) | ||||
| LINDSEY BULLER MALIEKEL | |||||||||
| VP, EDUCATION & PUBLIC ENGAGEMENT | 40.00 | $150,494 | $0 | $24,586 | Yes (X) | ||||
| COURTNEY J BODDIE | |||||||||
| VP, EDUCATION & SCHOOL ENGAGEMENT | 40.00 | $153,732 | $0 | $21,292 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,008,665 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $250,338 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 22 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| KASIRER LLC | |||||
| 321 BROADWAY SUITE 201 | NEW YORK | NY | 10007 | LOBBYING FEES | $120,000 |
| EASTON ARCHITECTS LLP | |||||
| 20 W 44TH ST 604 | NEW YORK | NY | 10036 | ARCHITECT FEES | $100,033 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $1,223,926 | FundraisingAmt |
| Government Grants | $1,058,170 | GovernmentGrantsAmt |
| All Other Contributions | $9,734,534 | AllOtherContributionsAmt |
| Noncash Contributions | $15,559 | NoncashContributionsAmt |
| Total Contributions | $12,016,630 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| RENTAL & OTHER PROJECTS | 532000 | $14,324,681 | $14,324,681 |
| BOX OFFICE RECEIPTS | 711110 | $1,332,099 | $1,332,099 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $15,656,780 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $271,320 | TotalRevenueColumnAmt |
| Exclusion | $271,320 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,699,758 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,636,552 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $63,206 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $63,206 | TotalRevenueColumnAmt |
| Exclusion | $63,206 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $157,518 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $1,223,926 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $157,518 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $25,735 | TotalRevenueColumnAmt |
| Exclusion | $25,735 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $25,735 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $28,033,671 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $15,656,780 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $360,261 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,142,006 | TotalAmt |
| Program Services | $483,833 | ProgramServicesAmt |
| Management And General | $174,867 | ManagementAndGeneralAmt |
| Fundraising | $483,306 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,724,492 | TotalAmt |
| Program Services | $7,751,217 | ProgramServicesAmt |
| Management And General | $1,390,313 | ManagementAndGeneralAmt |
| Fundraising | $582,962 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $366,278 | TotalAmt |
| Program Services | $285,088 | ProgramServicesAmt |
| Management And General | $63,653 | ManagementAndGeneralAmt |
| Fundraising | $17,537 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,703,352 | TotalAmt |
| Program Services | $1,279,301 | ProgramServicesAmt |
| Management And General | $291,672 | ManagementAndGeneralAmt |
| Fundraising | $132,379 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $847,224 | TotalAmt |
| Program Services | $627,114 | ProgramServicesAmt |
| Management And General | $145,442 | ManagementAndGeneralAmt |
| Fundraising | $74,668 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $213,569 | TotalAmt |
| Program Services | $7,638 | ProgramServicesAmt |
| Management And General | $205,931 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,089 | TotalAmt |
| Management And General | $67,089 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $120,000 | TotalAmt |
| Management And General | $120,000 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,866 | TotalAmt |
| Management And General | $38,866 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $994,057 | TotalAmt |
| Program Services | $313,804 | ProgramServicesAmt |
| Management And General | $524,253 | ManagementAndGeneralAmt |
| Fundraising | $156,000 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $816,987 | TotalAmt |
| Program Services | $723,771 | ProgramServicesAmt |
| Management And General | $93,216 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,195,220 | TotalAmt |
| Program Services | $475,302 | ProgramServicesAmt |
| Management And General | $685,527 | ManagementAndGeneralAmt |
| Fundraising | $34,391 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,547,250 | TotalAmt |
| Program Services | $1,513,494 | ProgramServicesAmt |
| Management And General | $22,634 | ManagementAndGeneralAmt |
| Fundraising | $11,122 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,204 | TotalAmt |
| Program Services | $78,848 | ProgramServicesAmt |
| Management And General | $14,729 | ManagementAndGeneralAmt |
| Fundraising | $5,627 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,099,846 | TotalAmt |
| Program Services | $2,099,846 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $315,183 | TotalAmt |
| Program Services | $283,664 | ProgramServicesAmt |
| Management And General | $31,519 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| ARTIST FEES | $1,262,585 | $1,262,585 | ||
| OTHER PRODUCTION AND PR | $806,835 | $780,152 | $7,108 | $19,575 |
| BOX OFFICE SALES EXPENS | $1,652 | $1,652 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,361,695 | TotalAmt |
| Program Services | $17,967,309 | ProgramServicesAmt |
| Management And General | $3,876,819 | ManagementAndGeneralAmt |
| Fundraising | $1,517,567 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,140,910 | BOYAmt |
| EOY | $1,037,081 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $272,335 | BOYAmt |
| EOY | $249,449 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,757,753 | BOYAmt |
| EOY | $9,606,897 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $630,527 | BOYAmt |
| EOY | $662,671 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,379 | BOYAmt |
| EOY | $26,088 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $666,051 | BOYAmt |
| EOY | $857,037 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $69,153,756 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $38,695,148 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,138,422 | BOYAmt |
| EOY | $30,458,608 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,554,110 | BOYAmt |
| EOY | $8,361,918 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,127,920 | BOYAmt |
| EOY | $6,491,648 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,293,407 | BOYAmt |
| EOY | $57,751,397 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,445,147 | BOYAmt |
| EOY | $1,430,326 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,774,182 | BOYAmt |
| EOY | $1,546,786 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,502,460 | BOYAmt |
| EOY | $2,502,460 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $316,881 | BOYAmt |
| EOY | $361,480 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,038,670 | BOYAmt |
| EOY | $5,841,052 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,682,573 | BOYAmt |
| EOY | $43,441,548 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,572,164 | BOYAmt |
| EOY | $8,468,797 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,254,737 | BOYAmt |
| EOY | $51,910,345 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,293,407 | BOYAmt |
| EOY | $57,751,397 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $4,671,976 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $446,132 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | $537,500 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,262,893 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,955,790 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,054,257 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,792,672 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,016,630 | CurrentTaxYearAmt |
| Total | $43,082,242 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,262,893 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,955,790 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,054,257 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,792,672 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,016,630 | CurrentTaxYearAmt |
| Total | $43,082,242 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $9,473,075 | SubstantialContributorsTotAmt |
| Public Support Total170 | $33,609,167 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,349 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $805 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,605 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $103,420 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $271,320 | CurrentTaxYearAmt |
| Total | $380,499 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $91,601 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $99,869 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $73,433 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $92,884 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $25,735 | CurrentTaxYearAmt |
| Total | $383,522 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $43,846,263 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $66,584,219 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.76650 | PublicSupportCY170Pct |
| Public Support PY170 | 0.93100 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $120,000 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $120,000 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $23,241,695 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $23,361,695 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $861,677 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $3,861,677 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $5,792,516 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $120,400 | CurrentYearMinus3Amt |
| Current Year Minus2 | $120,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $120,000 | CurrentYearMinus1Amt |
| Current Year | $120,000 | CurrentYearAmt |
| Total | $480,400 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-A, LINE 1 AND 2, LOBBYING ACTIVITIES: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION ENGAGED A LOBBYIST TO REPRESENT THE ORGANIZATION BEFORE THE EXECUTIVE AND LEGISLATIVE GOVERNMENT BRANCHES OF BOTH THE STATE AND THE CITY OF NEW YORK TO SECURE FUNDING FOR THE ORGANIZATION'S CAPITAL AND PROGRAMMATIC NEEDS. | ExplanationTxt |
Schedule D IRS990ScheduleD
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $34,952,618 | OtherCostOrOtherBasisAmt |
| Depreciation | $20,964,802 | DepreciationAmt |
| Book Value | $13,987,816 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $27,444,086 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,782,911 | DepreciationAmt |
| Book Value | $15,661,175 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,346,415 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,860,805 | DepreciationAmt |
| Book Value | $485,610 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,410,637 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,086,630 | DepreciationAmt |
| Book Value | $324,007 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $30,458,608 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED SUBLEASE INCOME | Desc |
| Book Value | $6,491,648 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $6,491,648 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY DEPOSITS HELD | Desc |
| Amt | $361,480 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $361,480 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $28,440,937 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $446,132 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $446,132 | RevenueNotReportedAmt |
| Revenue Subtotal | $27,994,805 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $38,866 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $38,866 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $28,033,671 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $23,322,829 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $23,322,829 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $38,866 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $38,866 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $23,361,695 | TotalExpensesPerForm990Amt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GALA BENEFIT | Event1Nm |
| Gross Receipts Event1 | $1,274,338 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $1,148,415 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $125,923 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $125,923 | FoodAndBeverageEvent1Amt |
| Event2 | FAMILY BENEFIT | Event2Nm |
| Gross Receipts Event2 | $107,106 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $75,511 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $31,595 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $30,095 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $1,500 | EntertainmentEvent2Amt |
| Gross Receipts Total | $1,381,444 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,223,926 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $157,518 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $156,018 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $1,500 | EntertainmentTotalEventsAmt |
| Direct Expense Summary Events | $157,518 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $0 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RUSSELL GRANET | ||||||||||||||
| PRESIDENT & CEO | $574,836 | $0 | $0 | $0 | $0 | $0 | $39,500 | $0 | $38,792 | $0 | $653,128 | $0 | $0 | $0 |
| CORA CAHAN | ||||||||||||||
| FORMER PRESIDENT | $0 | $0 | $0 | $0 | $108,912 | $0 | $0 | $0 | $0 | $0 | $108,912 | $0 | $108,912 | $0 |
| MICHELE PAGNOTTA | ||||||||||||||
| VICE PRESIDENT, FINANCE | $203,178 | $0 | $0 | $0 | $0 | $0 | $10,557 | $0 | $21,435 | $0 | $235,170 | $0 | $0 | $0 |
| ELIZABETH A CASHOUR | ||||||||||||||
| VICE PRESIDENT, DEVELOPMENT | $211,650 | $0 | $0 | $0 | $0 | $0 | $10,683 | $0 | $12,130 | $0 | $234,463 | $0 | $0 | $0 |
| MARY E ROSE | ||||||||||||||
| ARTISTIC DIRECTOR | $231,988 | $0 | $0 | $0 | $0 | $0 | $11,758 | $0 | $13,308 | $0 | $257,054 | $0 | $0 | $0 |
| WENDY M HUTTON | ||||||||||||||
| VICE PRESIDENT, ADMINISTRATION | $190,755 | $0 | $0 | $0 | $0 | $0 | $9,638 | $0 | $12,131 | $0 | $212,524 | $0 | $0 | $0 |
| LAUREN P FITZGERALD | ||||||||||||||
| VP, MARKETING & COMMUNICATIONS | $183,120 | $0 | $0 | $0 | $0 | $0 | $9,406 | $0 | $15,122 | $0 | $207,648 | $0 | $0 | $0 |
| LINDSEY BULLER MALIEKEL | ||||||||||||||
| VP, EDUCATION & PUBLIC ENGAGEMENT | $150,494 | $0 | $0 | $0 | $0 | $0 | $7,840 | $0 | $16,746 | $0 | $175,080 | $0 | $0 | $0 |
| COURTNEY J BODDIE | ||||||||||||||
| VP, EDUCATION & SCHOOL ENGAGEMENT | $153,732 | $0 | $0 | $0 | $0 | $0 | $7,838 | $0 | $13,454 | $0 | $175,024 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, LINE 1B | FormAndLineReferenceDesc |
| Explanation | RUSSELL GRANET - DEFERRED COMPENSATION UNDER SUPPLEMENTAL NONQUALIFIED PLAN - $23,000 | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 PART III LINE 1, DESCRIPTION OF THE ORGANIZATION'S MISSION | THE NEW 42ND STREET, INC. WAS ESTABLISHED IN 1990 BY NEW YORK CITY AND STATE AS A NON-PROFIT ORGANIZATION, AND WAS ENTRUSTED WITH 99-YEAR LEASES OF SEVEN HISTORIC THEATERS AND TWO INFILL PROPERTIES ON 42ND STREET BETWEEN 7TH AND 8TH AVENUES IN NEW YORK CITY. GUIDED BY THE OVERALL PUBLIC GOAL OF RETURNING 42ND STREET TO ITS FORMER STATUS AS A LIVELY CULTURAL AND ENTERTAINMENT DESTINATION, THE NEW 42ND STREET, INC. OPERATES PROGRAMMING OUT OF TWO BUILDINGS UNDER ITS STEWARDSHIP: THE NEW VICTORY THEATER AND THE NEW 42ND STREET STUDIOS. THE NEW VICTORY THEATER IS NEW YORK CITY'S PREMIER THEATER FOR KIDS AND FAMILIES, WHICH PROVIDES SUBSTANTIAL EDUCATION, YOUTH DEVELOPMENT, AND NEW WORK DEVELOPMENT PROGRAMS TO THE COMMUNITY EACH YEAR. THE NEW 42ND STREET STUDIOS, COMPRISES A STATE-OF-THE-ART, 10-STORY REHEARSAL STUDIO FACILITY, AS WELL AS THE 199-SEAT BLACK BOX THEATER, THE DUKE ON 42ND STREET. THE NEW 42ND STREET HAS STRATEGICALLY SUBLEASED ITS REMAINING PROPERTIES TO ENSURE THE ONGOING VIBRANCY OF 42ND STREET'S HISTORIC THEATERS. |
| FORM 990, PART VI, SECTION B, LINE 11B | A DRAFT OF FORM 990 IS REVIEWED BY THE PRESIDENT, VP OF FINANCE AND CONTROLLER. FORM 990 IS PROVIDED TO THE EXECUTIVE COMMITTEE, AUDIT & FINANCE COMMITTEE, AND FULL BOARD PRIOR TO SUBMISSION TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICTS OF INTEREST ARE DISCLOSED ANNUALLY BY THE MEMBERS OF THE BOARD OF DIRECTORS. THESE DISCLOSURES ARE EVALUATED BY THE AUDIT AND FINANCE COMMITTEE, WHICH MAKES RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE MAY RATIFY A RECOMMENDATION OR THEY MAY REJECT IT, IN WHICH CASE THE PRESIDENT OR THE CHAIRMAN OF THE BOARD MAY BRING THE MATTER TO THE FULL BOARD OF DIRECTORS FOR THEIR DECISION. |
| FORM 990, PART VI, SECTION B, LINE 15A | A COMPENSATION SUBCOMMITTEE OF THE EXECUTIVE COMMITTEE HIRES AN INDEPENDENT FIRM TO PERFORM ANALYSIS OF THE PRESIDENT'S COMPENSATION PACKAGE BASED ON GEOGRAPHICAL AND INDUSTRY COMPARABILITY DATA. THE OBJECTIVE IS TO ENCOURAGE TENURE, MOTIVATE THE ACHIEVEMENT OF SHORT AND LONG-TERM GOALS AND PROVIDE A PACKAGE COMPARABLE WITH INDUSTRY STANDARDS. AN ANALYSIS REPORT OF FINDINGS AND RECOMMENDATIONS IS PRESENTED TO THE SUBCOMMITTEE, WHICH HAS RESPONSIBILITY FOR NEGOTIATING AND SETTING THE PROPOSED SALARY SCHEDULE FOR MULTI-YEAR CONTRACT RENEWAL AND THEN RECOMMENDING A PACKAGE TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE CONTRACT IS REVIEWED BY LEGAL COUNSEL. |
| FORM 990, PART VI, SECTION C, LINE 19 | AVAILABLE UPON REQUEST. |