New Federal Theater Inc
- Assets
- $624.8k
- Revenue
- $741.1k
- Investments
- $0.0
- Employees
- 4
- Location
- New York, NY
- Founding
- 01/1976
- Data as of
- 06/2021
- EIN
- 13-2814763
Organization Overview
New Federal Theater Inc is located in New York, NY. The organization was established in 1976. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, New Federal Theater Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Federal Theater Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, New Federal Theater Inc generated $741.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $263.1k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
NFT HAS PIONEERED THE DEVELOPMENT OF NEW THEATRE CONCEPTS AND HAS PROVIDED AN AVENUE FOR THE EMERGENCE OF AFRICAN AMERICAN TALENTS WHO HAVE BECOME MAJOR FORCES IN THE THEATRE, TELEVISION AND MOTION PICTURE INDUSTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW FEDERAL THEATRE'S THEATRES AND OFFICES REMAINED CLOSED AND ALL PROGRAMMING WAS DONE VIRTUALLY BEGINNING WITH NFT'S 50TH ANNIVERSARY CELEBRATION ON JAN. 17TH. FOLLOWED BY BLACK HISTORY MONTH PRESENTATION OF THREE PLAYS: THE MEETING BY JEFF STETSON, WHEN THE CHICKENS CAME HOME TO ROOST BY LAURENCE HOLDER, AND WIDOWS BY MFUNDI VUNDLA. IN MARCH, NFT CELEBRATED WOMEN'S HISTORY MONTH WITH PRESENTATIONS OF HOSPICE BY PEARL CLEAGE, AND MA ROSE BY CASSANDRA MEDLEY, ENDING WITH THE NTOZAKE SHANGE READING SERIES, TUESDAYS IN JUNE WITH LAST NIGHT AT MIKELL'S BY LARRY MUHAMMAD, A SOFT ESCAPE BY SM SHEPHARD MASSAT, AND A SMALL WORLD BY MUSTAPHA MATURA.NEW FEDERAL THEATRE ALSO CONDUCTS ACTING WORKSHOPS WHICH PROVIDE PARTICIPANTS WITH ACTING TECHNIQUES, VOICE, AND DICTION, MOVEMENT, SCENE STUDY, IMPROVISATIONS, AND SCRIPT ANALYSIS, AND PLAYWRITING WORKSHOPS WHICH INCLUDE READING OF THE PARTICIPANTS' PLAYS AND CRITIQUES DURING THE CLASSES, TO ENCOURAGE PLAYWRIGHTS TO "WRITE AND TO BUILD CONFIDENCE ABOUT THEIR STYLES AND VOICES. THESE CONTINUED ONLINE WITH THE FINAL PRESENTATIONS ALSO PRESENTED ONLINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Woodie King Jr President/producing Director | OfficerTrustee | 40 | $65,000 |
Patricia White Executive Director | Officer | 40 | $40,396 |
James DE Jongh Chairman | OfficerTrustee | 1 | $0 |
Rev Rhonda Akanke Mclean-Nur Treasurer | OfficerTrustee | 1 | $0 |
Deborah Mcgee Board Member | OfficerTrustee | 1 | $0 |
Elizabeth Van Dyke Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $52,730 |
| Related organizations | $0 |
| Government grants | $207,652 |
| All other contributions, gifts, grants, and similar amounts not included above | $473,673 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $734,055 |
| Total Program Service Revenue | $4,400 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $741,149 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $105,396 |
| Compensation of current officers, directors, key employees. | $13,787 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,088 |
| Pension plan accruals and contributions | $499 |
| Other employee benefits | $2,670 |
| Payroll taxes | $11,310 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,550 |
| Fees for services: Accounting | $19,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $77,378 |
| Advertising and promotion | $0 |
| Office expenses | $10,055 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,596 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $32 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $281 |
| Insurance | $5,708 |
| All other expenses | $0 |
| Total functional expenses | $263,113 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $297,544 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $281,650 |
| Accounts receivable, net | $41,902 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,961 |
| Net Land, buildings, and equipment | $701 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $624,758 |
| Accounts payable and accrued expenses | $52,814 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $31,700 |
| Other liabilities | $0 |
| Total liabilities | $84,514 |
| Net assets without donor restrictions | $367,744 |
| Net assets with donor restrictions | $172,500 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $624,758 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that New Federal Theater Inc has recieved totaling $131,513.
| Awarding Organization | Amount |
|---|---|
Ford Foundation New York, NY PURPOSE: GENERAL SUPPORT | $70,000 |
Howard Gilman Foundation Inc New York, NY PURPOSE: FOUNDATION GRANT - GENERAL OPERATING SUPPORT | $20,000 |
Howard Gilman Foundation Inc New York, NY PURPOSE: FOUNDATION GRANT - CAPITAL/EQUIPMENT | $20,000 |
Shubert Foundation Inc New York, NY PURPOSE: GENERAL OPERATING | $15,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $6,513 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Shakespeare Festival New York, NY | $141,889,359 | $47,421,313 |
Fractured Atlas Inc New York, NY | $26,189,611 | $36,358,780 |
Roundabout Theatre Company Inc New York, NY | $173,392,210 | $30,369,133 |
Vivian Beaumont Theater Inc New York, NY | $199,499,593 | $19,952,200 |
American Repertory Theatre Cambridge, MA | $28,732,151 | $12,990,237 |
Signature Theatre Company New York, NY | $62,849,854 | $11,675,589 |
Playwrights Horizons Inc New York, NY | $27,151,743 | $13,749,281 |
Huntington Theatre Company Inc Boston, MA | $85,399,357 | $14,500,477 |
Manhattan Theatre Club Inc New York, NY | $95,784,807 | $15,978,594 |
Hartford Stage Company Hartford, CT | $23,293,519 | $12,254,112 |
Stella Adler Studio Of Acting New York, NY | $5,616,573 | $9,953,377 |
Storyville Center For The Spoken Word Inc New York, NY | $12,362,100 | $12,256,751 |