Actors Studio is located in New York, NY. The organization was established in 1957. According to its NTEE Classification (A19) the organization is classified as: Support N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Actors Studio employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Actors Studio 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, Actors Studio generated $223.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (27.5%) each year. All expenses for the organization totaled $873.0k 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
PROVIDES A PLACE WHERE PROFESSIONAL ACTORS CAN WORK TOGETHER TO CONTINUE TO DEVELOP THEIR TALENT AND TO EXPERIMENT WITH NEW FORMS IN CREATIVE THEATRE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE STUDIO PROVIDES A PLACE FOR PROFESSIONAL ACTORS TO ENHANCE THEIR CRAFT VIA SESSIONS TO MUTUALLY CRITIQUE THEIR WORK WITH OTHER MEMBERS. PERFORMANCES ARE OPEN TO THE GENERAL PUBLIC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Deborah G Dixon Executive Director | Officer | 40 | $149,284 |
Beau Gravitte Director | Trustee | 30 | $55,000 |
Al Pacino Co-President | OfficerTrustee | 1 | $0 |
Alec Baldwin Co-President | OfficerTrustee | 1 | $0 |
Estelle Parsons Vice-President | OfficerTrustee | 1 | $0 |
Ellen Burstyn Co-President | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $71,315 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $71,315 |
Total Program Service Revenue | $65,984 |
Investment income | $86,418 |
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 | $223,717 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $3,180 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $239,669 |
Compensation of current officers, directors, key employees. | $44,281 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $215,084 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $33,131 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $2,481 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $25,822 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $139,258 |
Insurance | $48,215 |
All other expenses | $20,619 |
Total functional expenses | $872,979 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $10,416 |
Savings and temporary cash investments | $5,121,269 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $8,125 |
Net Land, buildings, and equipment | $1,003,918 |
Investments—publicly traded securities | $2,551,661 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $8,695,389 |
Accounts payable and accrued expenses | $28,635 |
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 | $75,815 |
Other liabilities | $0 |
Total liabilities | $104,450 |
Net assets without donor restrictions | $8,426,495 |
Net assets with donor restrictions | $164,444 |
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 | $8,695,389 |
Over the last fiscal year, we have identified 4 grants that Actors Studio has recieved totaling $121,500.
Awarding Organization | Amount |
---|---|
Charles & Lucille King Family Foundation Inc Garden City, NY PURPOSE: AN UNRESTRICTED GRAND TO FURTHER THE DONEE'S EXEMPT PURPOSE | $100,000 |
Devonwood Foundation Wilmington, DE PURPOSE: GENERAL OPERATING EXPENSES | $15,000 |
Dat Gtb Charitable Trust Beverly Hills, CA PURPOSE: CHARITABLE CONTRIBUTION | $5,000 |
Caplin Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,500 |
Organization Name | Assets | Revenue |
---|---|---|
New 42nd Street Inc New York, NY | $46,201,671 | $18,353,998 |
Aperture Foundation Inc New York, NY | $9,605,645 | $6,905,866 |
Amherst Cinema Arts Center Inc Amherst, MA | $3,509,173 | $1,727,890 |
National Alliance For Musical Theatre Inc New York, NY | $552,202 | $908,126 |
Arts Boston Inc Boston, MA | $648,220 | $633,950 |
Actors Studio New York, NY | $8,695,389 | $223,717 |
Philadelphia Young Playwrights Philadelphia, PA | $987,040 | $626,381 |
Renew Theaters Inc Doylestown, PA | $868,141 | $641,608 |
Stage Directors & Choreographers Workshop Foundation Inc New York, NY | $702,465 | $616,439 |
Shakespeare Globe Centre - Usa Inc New York, NY | $62,511 | $158,136 |
The Foundation For Judaeo-Christian Studies South Orange, NJ | $7,179,943 | $236,488 |
2nd Act Org Inc Boston, MA | $407,047 | $263,995 |