NEW 42ND STREET INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- NEW 42ND STREET INC (EIN 13-3584032)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-15
- IRS object ID
- 201431359349307688
- Schema version
- 2012v2.1
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule G
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-15T16:48:21-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131655065 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LUTZ AND CARR CPAS LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 EAST 42ND STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10017 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133584032 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE NEW 42ND STREET INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NEW4 | NameControl |
| Phone | 6462233000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 229 WEST 42ND STREET 10TH FLOOR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10036 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CORA CAHAN | Name |
| Title | PRESIDENT | Title |
| Phone | 6462233000 | Phone |
| Date Signed | 2014-05-08 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DONALD SHAEFITZ | Name |
| PTIN | P00449034 | PTIN |
| Phone | 2126972299 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | CORA CAHAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 229 WEST 42ND STREET 10TH FLOOR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10036 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 13942335 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.NEW42.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1988 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | COMMITTED TO THE TRANSFORMATIONAL POWER OF THE ARTS, THE NEW 42ND STREET BUILDS ON THE FOUNDATION OF SEVEN HISTORIC THEATERS TO MAKE EXTRAORDINARY PERFORMING ARTS AND CULTURAL ENGAGEMENT PART OF EVERYONE'S LIFE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 31 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 30 | NbrIndependentVotingMembers |
| Total Nbr Employees | 399 | TotalNbrEmployees |
| Total Nbr Volunteers | 30 | TotalNbrVolunteers |
| Total Gross UBI | 2300 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -43585 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2251395 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1953790 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 11547617 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 11650972 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3441 | InvestmentIncomePriorYear |
| Investment Income Current Year | 798 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 172098 | OtherRevenuePriorYear |
| Other Revenue Current Year | 218402 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 13974551 | TotalRevenuePriorYear |
| Total Revenue Current Year | 13823962 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 8810842 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 8892775 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 861538 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 6396362 | OtherExpensePriorYear |
| Other Expenses Current Year | 6955877 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 15207204 | TotalExpensesPriorYear |
| Total Expenses Current Year | 15848652 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1232653 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -2024690 | RevenuesLessExpensesCY |
| Total Assets BOY | 50004511 | TotalAssetsBOY |
| Total Assets EOY | 48117994 | TotalAssetsEOY |
| Total Liabilities BOY | 7087712 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 7225885 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 42916799 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 40892109 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SEE SCHEDULE O | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 14036977 | Expense |
| Revenue | 11820826 | Revenue |
| Description | IN ITS 17TH FULL SEASON, THE NEW VICTORY THEATER PRESENTED AN INTERNATIONAL AND CULTURALLY DIVERSE RANGE OF PRODUCTIONS FROM AUSTRALIA, COLOMBIA, ENGLAND, FRANCE, IRELAND, SCOTLAND, AND THE UNITED STATES, REPRESENTING A VARIETY OF ARTISTIC GENRES. THE THEATER OFFERED 272 PUBLIC AND 98 SCHOOL PERFORMANCES OF CAPTIVATING WORK FOR YOUNG AUDIENCES THAT WERE ATTENDED BY 75,083 MEMBERS OF THE PUBLIC, AND 27,799 STUDENTS AND TEACHERS. TICKET PRICES FOR PUBLIC SHOWS RANGED FROM $9 TO A MAXIMUM OF $55 FOR A SPECIAL HOLIDAY PRESENTATION - AN AVERAGE OF $18 OVERALL - WHICH HELPED TO MAKE TICKETS AFFORDABLE FOR EVERYONE. TICKETS FOR STUDENTS PARTICIPATING IN THE NEW VICTORY THEATER'S EDUCATION PARTNERSHIP PROGRAM COST ONLY $2 EACH, AS THEY HAVE SINCE THE THEATER OPENED. THE PARTNERSHIP PROGRAM ALSO SENT 45 NEW ... VICTORY TEACHING ARTISTS INTO CLASSROOMS ACROSS NYC TO CONDUCT 1089 PRE- AND POST-PERFORMANCE WORKSHOPS AT NO COST TO KIDS, TEACHERS OR SCHOOLS, AND TEACHERS PARTICIPATING IN THE PROGRAM ALSO RECEIVED FREE PROFESSIONAL DEVELOPMENT FROM NEW VICTORY STAFF AND TEACHING ARTISTS, AND ACCESS TO NEW VICTORY SCHOOL TOOL CURRICULUM RESOURCE GUIDES FOR EVERY PRODUCTION IN THE SEASON. FY13 ALSO MARKED THE FOURTH YEAR OF THE NEW VICTORY'S "BRING YOUR FAMILY" PROGRAM, IN WHICH STUDENTS IN SCHOOLS WITH TITLE 1 FUNDING OF 80% OR MORE ARE ABLE TO COME TO WEEKEND PERFORMANCES AT THE THEATER FOR FREE, AND BRING FAMILY MEMBERS FOR ONLY $5 PER TICKET. THIS SEASON, 227 FAMILIES WERE ABLE TO ATTEND PERFORMANCES AT THE NEW VICTORY THROUGH THIS PROGRAM, MANY OF THEM NON-ENGLISH SPEAKERS AND FIRST-TIME THEATER GOERS. IN ADDITION, THE NEW VICTORY THEATER'S PAID APPRENTICE PROGRAM PROVIDED TRAINING IN THEATER, OFFICE AND PRODUCTION SKILLS FOR 37 HIGH SCHOOL AND COLLEGE-AGE STUDENTS THROUGHOUT THE COURSE OF THE YEAR, AND THE NEW VICTORY "USHER CORPS" PROGRAM - A 3-YEAR ON-THE-JOB TRAINING PROGRAM - EMPLOYED 46 YOUNG PEOPLE TO WORK IN THE THEATER. THE TWO PROGRAMS TOGETHER PROVIDED OVER 26,000 HOURS OF PAID EMPLOYMENT TO NYC YOUTH IN FY13 ALONE. THIS YEAR ALSO MARKED THE FIRST FULL YEAR OF THE NEW VICTORY THEATER LABWORKS PROGRAM, AN INITIATIVE CREATED TO SPUR AND SUPPORT THE DEVELOPMENT OF HIGH-QUALITY PERFORMING ARTS FOR YOUNG AUDIENCES THROUGH ADVOCACY, PROFESSIONAL DEVELOPMENT, AND NEW WORK DEVELOPMENT.THE NEW 42ND STREET'S NOT-FOR-PROFIT NEW 42ND STREET STUDIOS - NOW IN ITS 13TH YEAR OF OPERATIONS - IS ADMINISTRATIVE HOME TO SIX NOT-FOR-PROFIT CULTURAL ORGANIZATIONS, AND ANNUALLY PROVIDES YEAR-ROUND, STATE-OF-THE-ART REHEARSAL AND PERFORMANCE SPACE TO COUNTLESS PERFORMING ARTISTS. THIS 10-STORY BUILDING, COMPLETED IN THE FALL OF 2000, CONTINUES TO PLAY A VITAL ROLE IN THE PERFORMING ARTS COMMUNITY. IN FY13, 103 NOT-FOR-PROFIT DANCE, THEATER AND OPERA COMPANIES HELD REHEARSALS, AUDITIONS OR SHOWCASES IN THE NEW 42ND STREET STUDIOS, AND THEY WERE JOINED BY MANY BROADWAY, OFF-BROADWAY AND TOURING SHOWS. IN ADDITION, THE DUKE ON 42ND STREET, THE BLACK BOX THEATER LOCATED ON THE 2ND FLOOR OF THE NEW 42ND STREET STUDIOS, WAS LIT WITH 7 PRODUCTIONS OVER 24 WEEKS BY 3 NOT-FOR-PROFIT DANCE AND THEATER COMPANIES, AND TWO COMMERCIAL PRODUCTIONS, WHICH RAN FOR A COMBINED 21 WEEKS. THE THEATER WAS ALTERNATELY USED BY ARTISTS AS A REHEARSAL AND WORKSHOP SPACE. | Description |
| Total Program Service Expense | 14036977 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 36 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 399 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 31 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 30 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIM DOBBIE NEUER VICE PRESIDENT FINANCE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6462233000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 229 WEST 42ND STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100367299 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (41 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| FIONA HOWE RUDIN | ||||||||
| CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 | ||
| SHAHARA AHMAD-LLEWELLYN | ||||||||
| VICE CHAIR | 1.00 | X | X | 0 | 0 | 0 | ||
| CHARLES A PLATT | ||||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 | ||
| DOROTHY L ALPERT | ||||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 | ||
| STACY BASH-POLLEY | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| HERMAN A BERLINER | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| LYNNE BIGGAR | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| J WALTER CORCORAN | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| BRENDA EARL | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| ANNE B EHRENKRANZ | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| LILI FABLE | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| CLARE R GREGORIAN | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| HENRY GUETTEL | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| JENNIFER A GUNDLACH | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| MARIAN S HEISKELL | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| BILL IRWIN | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| MING CHO LEE | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| SARAH LONG SOLOMON | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| CRYSTAL MCCRARY | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| TERRENCE MCNALLY | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| LAURA O'DONOHUE | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| KATHERINE PECK | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| TINA RAMIREZ | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| REBECCA ROBERTSON | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| ISABEL ROSE | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| CHARLES SHORTER | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| ANDREW SOMMERS | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| MARC A SPILKER | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| CHRISTOPHER L STAAL | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| EDWARD F TORRES | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| THEODORE R WAGNER | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| CARL WEISBROD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| CORA CAHAN | ||||||||
| PRESIDENT | 40.00 | X | X | 474974 | 0 | 31314 | ||
| KIM DOBBIE NEUER | ||||||||
| VICE PRESIDENT, FINANCE | 40.00 | X | 154992 | 0 | 18828 | |||
| CHERYL KOHN | ||||||||
| SENIOR VICE PRESIDENT, DEV | 40.00 | 308475 | 0 | 17322 | X | |||
| LISA POST | ||||||||
| EXECUTIVE VICE PRESIDENT | 40.00 | 216812 | 0 | 25287 | X | |||
| MARY ROSE | ||||||||
| DIRECTOR OF PROGRAMMING | 40.00 | 145452 | 0 | 18468 | X | |||
| DAVID JENSEN | ||||||||
| DIRECTOR OF PRODUCTION | 40.00 | 125382 | 0 | 24238 | X | |||
| JACK DOBSON | ||||||||
| VICE PRESIDENT, OPERATIONS | 40.00 | 119286 | 0 | 22635 | X | |||
| LAUREN FITZGERALD | ||||||||
| DIRECTOR OF MARKETING & COMMUNICATIONS | 40.00 | 113752 | 0 | 14418 | X | |||
| MICHAEL REISMAN | ||||||||
| DIRECTOR OF IT | 40.00 | 112458 | 0 | 12299 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1771583 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 184809 | TotalOtherCompensation |
| Number Individuals GT100 K | 12 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| JACOBSON CONSULTING APPLICATIONS INC | |||||
| 575 8TH AVENUE 21ST FLOOR | NEW YORK | NY | 10018 | DESIGN CONSULTANT | 184989 |
| BP ELEVATOR COMPANY | |||||
| 1400 PARKER STREET | BRONX | NY | 10462 | ELEVATOR REPAIR | 118234 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| Fundraising Events | 471059 | FundraisingEvents |
| Government Grants | 371930 | GovernmentGrants |
| All Other Contributions | 1110801 | AllOtherContributions |
| Total Contributions | 1953790 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| RENTAL & OTHER PROJECTS | 532000 | 9709086 | 9709086 |
| BOX OFFICE RECEIPTS | 711110 | 1859036 | 1859036 |
| EDUCATION SERVICES REVENUE | 611710 | 82850 | 82850 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 11650972 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 798 | TotalRevenueColumn |
| Exclusion | $798 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 76666 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 471059 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 76666 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 87955 | GrossSalesOfInventory |
| Cost Of Goods Sold | 41707 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 46248 | TotalRevenueColumn |
| Exclusion | $46,248 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| MISCELLANEOUS | 900099 | 169854 | 169854 | |
| ADVERTISING REVENUE | 511190 | 2300 | 2300 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 172154 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13823962 | TotalRevenueColumn |
| Related Or Exempt Function Income | 11820826 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 2300 | UnrelatedBusinessRevenue |
| Exclusion | $47,046 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1069517 | Total |
| Program Services | 639297 | ProgramServices |
| Management And General | 119736 | ManagementAndGeneral |
| Fundraising | 310484 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6092140 | Total |
| Program Services | 5555449 | ProgramServices |
| Management And General | 221629 | ManagementAndGeneral |
| Fundraising | 315062 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 220401 | Total |
| Program Services | 198489 | ProgramServices |
| Management And General | 9728 | ManagementAndGeneral |
| Fundraising | 12184 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 885635 | Total |
| Program Services | 739720 | ProgramServices |
| Management And General | 105832 | ManagementAndGeneral |
| Fundraising | 40083 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 625082 | Total |
| Program Services | 556073 | ProgramServices |
| Management And General | 24386 | ManagementAndGeneral |
| Fundraising | 44623 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 77531 | Total |
| Program Services | 76674 | ProgramServices |
| Management And General | 857 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42500 | Total |
| Management And General | 42500 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 72000 | Total |
| Management And General | 72000 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 201890 | Total |
| Program Services | 36967 | ProgramServices |
| Management And General | 127423 | ManagementAndGeneral |
| Fundraising | 37500 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1116584 | Total |
| Program Services | 1116584 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 356155 | Total |
| Program Services | 191002 | ProgramServices |
| Management And General | 141573 | ManagementAndGeneral |
| Fundraising | 23580 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1028190 | Total |
| Program Services | 1028180 | ProgramServices |
| Management And General | 10 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 131046 | Total |
| Program Services | 73234 | ProgramServices |
| Management And General | 33496 | ManagementAndGeneral |
| Fundraising | 24316 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26598 | Total |
| Management And General | 26598 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1584005 | Total |
| Program Services | 1584005 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 243694 | Total |
| Program Services | 219325 | ProgramServices |
| Management And General | 24369 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | FundraisingFundraising |
|---|---|---|---|
| ARTIST FEES | 1543250 | 1543250 | |
| OTHER PRODUCTION AND PR | 522278 | 468572 | 53706 |
| BOX OFFICE SALES EXPENS | 10156 | 10156 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15848652 | Total |
| Program Services | 14036977 | ProgramServices |
| Management And General | 950137 | ManagementAndGeneral |
| Fundraising | 861538 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5807 | BOY |
| EOY | 5807 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8947312 | BOY |
| EOY | 8509730 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5533297 | BOY |
| EOY | 5475754 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 677827 | BOY |
| EOY | 524368 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15411 | BOY |
| EOY | 11514 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 266204 | BOY |
| EOY | 315021 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 50484845 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 17209045 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34558653 | BOY |
| EOY | 33275800 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50004511 | BOY |
| EOY | 48117994 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 901117 | BOY |
| EOY | 781369 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1324549 | BOY |
| EOY | 1463876 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1500000 | BOY |
| EOY | 1500000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3362046 | BOY |
| EOY | 3480640 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7087712 | BOY |
| EOY | 7225885 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37903821 | BOY |
| EOY | 36587594 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5012978 | BOY |
| EOY | 4304515 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42916799 | BOY |
| EOY | 40892109 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50004511 | BOY |
| EOY | 48117994 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -2024690 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1817774 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8457780 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3293373 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2251395 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1953790 | CurrentTaxYear |
| Total | 17774112 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1817774 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8457780 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3293373 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2251395 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1953790 | CurrentTaxYear |
| Total | 17774112 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 1175633 | AmountsSubstContributorsTotal |
| Public Support Total170 | 16598479 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 16360 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4379 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3119 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3441 | CurrentTaxYearMinus1Year |
| Current Tax Year | 798 | CurrentTaxYear |
| Total | 28097 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 125560 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 202735 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 365304 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 137682 | CurrentTaxYearMinus1Year |
| Current Tax Year | 169854 | CurrentTaxYear |
| Total | 1001135 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 18803344 | TotalSupport |
| Gross Receipts From Admissions Etc | 50708774 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.88270 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.89110 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
Total Direct Lobbying TotalDirectLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 72000 | FilingOrganizationsTotals |
Total Lobbying Expenditures TotalLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 72000 | FilingOrganizationsTotals |
Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 15776652 | FilingOrganizationsTotals |
Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 15848652 | FilingOrganizationsTotals |
Lobbying Nontaxable LobbyingNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 942433 | FilingOrganizationsTotals |
Grassroots Nontaxable GrassrootsNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 235608 | FilingOrganizationsTotals |
Tot Lobbying Grassroot Minus Non Tx TotLobbyingGrassrootMinusNonTx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 740171 | CurrentYearMinus3 |
| Current Year Minus2 | 792284 | CurrentYearMinus2 |
| Current Year Minus1 | 858212 | CurrentYearMinus1 |
| Current Year | 942433 | CurrentYear |
| Total | 3333100 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $4,999,650 | LobbyingCeilingAmount |
Total Lobbying Expenditures2 TotalLobbyingExpenditures2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 72000 | CurrentYearMinus3 |
| Current Year Minus2 | 72000 | CurrentYearMinus2 |
| Current Year Minus1 | 72000 | CurrentYearMinus1 |
| Current Year | 72000 | CurrentYear |
| Total | 288000 | Total |
Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 185043 | CurrentYearMinus3 |
| Current Year Minus2 | 198071 | CurrentYearMinus2 |
| Current Year Minus1 | 214553 | CurrentYearMinus1 |
| Current Year | 235608 | CurrentYear |
| Total | 833275 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,249,913 | GrassrootsCeilingAmount |
Schedule D IRS990ScheduleD
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 32790059 | OtherCostOrOtherBasis |
| Depreciation | 10059951 | Depreciation |
| Book Value | 22730108 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 13176958 | OtherCostOrOtherBasis |
| Depreciation | 4910810 | Depreciation |
| Book Value | 8266148 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1383691 | OtherCostOrOtherBasis |
| Depreciation | 513022 | Depreciation |
| Book Value | 870669 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3134137 | OtherCostOrOtherBasis |
| Depreciation | 1725262 | Depreciation |
| Book Value | 1408875 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 33275800 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| SECURITY DEPOSITS HELD | $2,480,640 |
| THEATER CAPITAL RESERVE FUND | $1,000,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3480640 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 13823962 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 13823962 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 13823962 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 15848652 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 15848652 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 15848652 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X, LINE 2: | ReturnReference |
| Explanation | MANAGEMENT HAS EVALUATED ALL INCOME TAX POSITIONS AND CONCLUDED THAT NO DISCLOSURES RELATING TO UNCERTAIN TAX POSITIONS ARE REQUIRED IN THE FINANCIAL STATEMENTS. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GALA BENEFIT | NameOfEvent1 |
| Gross Receipts Event1 | 431975 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 372486 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 59489 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 59489 | FoodAndBeverageEvent1 |
| Name Of Event2 | FAMILY BENEFIT | NameOfEvent2 |
| Gross Receipts Event2 | 115750 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 98573 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 17177 | GrossRevenueEvent2 |
| Food And Beverage Event2 | 17177 | FoodAndBeverageEvent2 |
| Gross Receipts Total | 547725 | GrossReceiptsTotal |
| Charitable Contributions Total | 471059 | CharitableContributionsTotal |
| Gross Revenue Total Events | 76666 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 76666 | FoodAndBeverageTotalEvents |
| Direct Expense Summary Events | 76666 | DirectExpenseSummaryEvents |
| Net Income Summary | 0 | NetIncomeSummary |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (5 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CORA CAHAN | ||||||||||||||
| PRESIDENT | 452856 | 0 | 0 | 0 | 22118 | 0 | 19495 | 0 | 11819 | 0 | 506288 | 0 | 0 | 0 |
| KIM DOBBIE NEUER | ||||||||||||||
| VICE PRESIDENT, FINANCE | 154992 | 0 | 0 | 0 | 0 | 0 | 10145 | 0 | 8683 | 0 | 173820 | 0 | 0 | 0 |
| CHERYL KOHN | ||||||||||||||
| SENIOR VICE PRESIDENT, DEV | 118170 | 0 | 0 | 0 | 190305 | 0 | 9567 | 0 | 7755 | 0 | 325797 | 0 | 0 | 0 |
| LISA POST | ||||||||||||||
| EXECUTIVE VICE PRESIDENT | 216812 | 0 | 0 | 0 | 0 | 0 | 16352 | 0 | 8935 | 0 | 242099 | 0 | 0 | 0 |
| MARY ROSE | ||||||||||||||
| DIRECTOR OF PROGRAMMING | 145452 | 0 | 0 | 0 | 0 | 0 | 9245 | 0 | 9223 | 0 | 163920 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 4A | ReturnReference |
| Explanation | CHERYL KOHN RECEIVED SEVERANCE PAYMENTS IN THE AMOUNT OF $158,333, IN RECOGNITION OF 16 YEARS OF SERVICE. | Explanation |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 37400 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION'S MISSION | FORM 990, PART III, LINE 1 | THE NEW 42ND STREET, INC. WAS ESTABLISHED IN 1990 BY NEW YORK CITY AND STATE AS A NON-PROFIT ORGANIZATION CHARGED WITH 99-YEAR RESPONSIBILITY FOR THE REDEVELOPMENT 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 THE NOT-FOR-PROFIT NEW VICTORY THEATER, NEW YORK CITY'S PROFESSIONAL THEATER FOR KIDS AND FAMILIES, PRESENTING A YEAR-ROUND SEASON OF THE HIGHEST-QUALITY PERFORMING ARTS AT AFFORDABLE TICKET PRICES, PROVIDING MODEL ARTS EDUCATION PROGRAMS AND YOUTH EMPLOYMENT OPPORTUNITIES; THE NEW 42ND STREET STUDIOS, A STATE-OF-THE-ART, 10-STORY REHEARSAL STUDIO FACILITY BUILT TO SUPPORT PERFORMING ARTISTS IN THE CREATION OF THEIR WORK; AND THE DUKE ON 42ND STREET, A 199-SEAT THEATER LOCATED WITHIN THE NEW 42ND STREET STUDIOS BUILDING. 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 A, LINE 2 | BOARD MEMBERS MARIAN S. HEISKELL AND JENNIFER GUNDLACH ARE RELATED BY FAMILY. | |
| FORM 990, PART VI, SECTION A, LINE 4 | THE ORGANIZATION'S BY-LAWS WERE UPDATED AND APPROVED BY BOARD ON OCTOBER 2, 2012. SIGNIFICANT CHANGES ARE AS FOLLOWS: BOARD OF DIRECTORS NUMBER: INCREASES MAXIMUM NUMBER OF BOARD MEMBERS FROM 30 TO 34. QUORUM: SIMPLIFIES THE CALCULATION FOR A QUORUM, NOW 40% OF THE ENTIRE BOARD REMOVAL: ALLOWS FOR A DIRECTOR TO BE REMOVED, WITH OR WITHOUT CAUSE VACANCIES: CODIFIES A PROCESS FOR THE RECOMMENDATION OF NEW BOARD MEMBERS FROM NOMINATING COMMITTEE THROUGH EXECUTIVE COMMITTEE TO THE FULL BOARD EX-OFFICIO MEMBERS: REMOVES THE REPRESENTATIVE FROM THE 42ND STREET DEVELOPMENT PROJECT, WHICH IS NO LONGER GERMANE DIRECTORS EMERITI: ALLOWS FOR THE APPOINTMENT OF A NON-VOTING DIRECTOR EMERITUS FOLLOWING RESIGNATION OR RETIREMENT OF THE PERSON AS A DIRECTOR BOARD MEMBERSHIP OF EX-OFFICIO DIRECTORS AND DIRECTORS EMERITI: CLARIFIES THAT SUCH DIRECTORS HAVE NO VOTE AND SHALL NOT BE INCLUDED FOR PURPOSES OF DETERMINING THE TOTAL MEMBERSHIP OR FOR CONSTITUTING A QUORUM OFFICERS OF THE CORPORATION BOARD OFFICERS: DEFINES THE ROLE OF VICE CHAIRMAN; CLARIFIES THAT THE PRESIDENT IS AN EMPLOYEE OF THE CORPORATION AND ITS CHIEF EXECUTIVE OFFICER; CONFIRMS THAT THE PRESIDENT MAY NOT ALSO BE THE SECRETARY; CLARIFIES THAT VICE PRESIDENTS ARE NOT DIRECTORS AND THEIR DUTIES MAY BE DETERMINED BY THE PRESIDENT. COMMITTEES OF THE BOARD OF DIRECTORS STANDING COMMITTEES; IN GENERAL: INCREASES THE NUMBER OF DIRECTORS CONSTITUTING A COMMITTEE TO THREE (3) OR MORE IN ADDITION TO THE PRESIDENT AND CHAIRMAN EXECUTIVE COMMITTEE: STATES THAT THE CHAIRMAN SHALL BE THE CHAIRMAN OF THE EXECUTIVE COMMITTEE AND ADDS ANY VICE CHAIRMEN TO THE LIST OF MEMBERS STANDING COMMITTEES: DELINEATES THE AUDIT AND FINANCE COMMITTEE, NOMINATING COMMITTEE, DEVELOPMENT COMMITTEE, AND COMPENSATION COMMITTEE, ALONG WITH THEIR POWERS AND DUTIES SPECIAL COMMITTEES: SETS THE NUMBER OF DIRECTORS CONSTITUTING A SPECIAL COMMITTEE TO THREE (3) OR MORE IN ADDITION TO THE PRESIDENT AND CHAIRMAN QUORUM AND ACTION: CONFIRMS THAT A MAJORITY OF THE MEMBERS OF ANY STANDING OR SPECIAL COMMITTEE SHALL CONSTITUTE A QUORUM AND THAT THE COMMITTEE MAY ACT BY A MAJORITY OF THE MEMBERS PRESENT AT THE TIME OF A VOTE INDEMNIFICATION RIGHT TO INDEMNIFICATION AND PREPAYMENT OF EXPENSES: UPDATES THE LANGUAGE TO CURRENT LEGAL STANDARD AND CLARIFIES THAT NO INDEMNIFICATION SHALL BE PROVIDED WHEN ACTS ARE COMMITTED IN BAD FAITH OR ARE THE RESULT OF ACTIVE AND DELIBERATE DISHONESTY, OR WHEN A FINANCIAL PROFIT OR OTHER ADVANTAGE IS GAINED TO WHICH THE INDIVIDUAL IS NOT LEGALLY ENTITLED; ALLOWS FOR PRE-PAYMENT OF FUNDS NECESSARY FOR PAYMENT OF CERTAIN EXPENSES INCURRED IN CONNECTION WITH A PROCEEDING; ALLOWS THE INDEMNIFICATION OR ADVANCE OF EXPENSES TO BE REDUCED BY ANY AMOUNT THAT IS COLLECTED FROM ANOTHER ENTITY OR ENTERPRISE DETERMINATION OF RIGHTS: STATES THAT A DIRECTOR OR OFFICER MUST MEET THE STANDARD SET FORTH IN SECTION 722 OF THE NOT-FOR-PROFIT CORPORATION LAW, AS DETERMINED BY THE BOARD BY A MAJORITY VOTE OF A QUORUM CONSISTING OF DIRECTORS WHO ARE NOT PARTIES TO THE PROCEEDING IN QUESTION AMENDMENT OR REPEAL: ENSURES THAT AN AMENDMENT OR REPEAL OF THESE PROVISIONS SHALL NOT ADVERSELY AFFECT ANY RIGHT IN RESPECT OF AN ACT OR OMISSION OCCURRING PRIOR TO THE TIME OF SUCH AMENDMENT OR REPEAL CONTINUATION OF BENEFITS: EXTENDS RIGHT TO INDEMNIFICATION AND REIMBURSEMENT OR ADVANCE OF EXPENSES TO ANY PERSON WHO HAS CEASED TO BE A DIRECTOR OR OFFICER AND STATES THAT IT SHALL INURE TO THE BENEFIT OF THE HEIRS, EXECUTORS AND ADMINISTRATORS OF SUCH PERSON INSURANCE: GIVES THE CORPORATION THE POWER TO PURCHASE AND MAINTAIN INSURANCE TO INDEMNIFY ITSELF AND DIRECTORS AND OFFICERS, SUBJECT TO THE LIMITATIONS IMPOSED UNDER SECTION 726 OF THE NOT-FOR-PROFIT CORPORATION LAW | |
| FORM 990, PART VI, SECTION B, LINE 11 | A DRAFT OF FORM 990 IS REVIEWED BY THE PRESIDENT, VP OF FINANCE AND CONTROLLER. FORM 990, WITH THE EXCEPTION OF SCHEDULE B, 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 5-YEAR 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 5-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. |
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