Playwrights Realm Inc
- Assets
- $1.7m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 11
- Location
- New York, NY
- Founding
- 01/2008
- Data as of
- 08/2022
- EIN
- 26-1258354
Organization Overview
Playwrights Realm Inc is located in New York, NY. The organization was established in 2008. 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 08/2022, Playwrights Realm Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Playwrights Realm 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 08/2022, Playwrights Realm Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $1.0m during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEVOTED TO SUPPORTING EARLY CAREER PLAYWRIGHTS ALONG THE JOURNEY OF PLAYWRIGHTING; HELPING THEM TO HONE THEIR CRAFT, AND FULLY REALIZE THEIR VISION & BUILD MEANINGFUL ARTISTIC CAREERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PLAYWRIGHTS REALM MADE MAJOR ADJUSTMENTS TO OUR PROGRAM OFFERINGS MID-WAY THROUGH OUR 2019-20 SEASON TO BETTER SERVE OUR PLAYWRIGHTS DURING THE COVID-19 PANDEMIC. WE CONTINUED WITH OUR MODIFIED PROGRAMS IN OUR 2021 AND 2022 SEASONS (FY21-FY22), FOCUSING 100% ON ARTIST SERVICES, AND SUCCESSFULLY SUPPORTED THE WORK OF OVER 250 PLAYWRIGHTS THROUGH THE FOLLOWING PROGRAMS: (1) THE WRITING FELLOWSHIP, WHICH TAKES FOUR PROMISING EARLY-CAREER WRITERS THROUGH AN OPEN SUBMISSION PROCESS AND PROVIDES FELLOWS WITH CREATIVE GUIDANCE, MONTHLY MEETINGS, A PUBLIC READING IN OUR INKD FESTIVAL, AND MORE; (2) THE SCRATCHPAD SERIES, WHICH AIMS TO ERASE THE GEOGRAPHIC AND ECONOMIC LIMITATIONS OF WORKSHOPPING A SHOW WITH EARLY-CAREER PLAYWRIGHTS FROM ACROSS THE NATION; (3) THE REALM PLAYWRIGHTS PROGRAM, WHICH PROVIDES PLAYWRIGHTS WITH CONTINUED SUPPORT AFTER THEIR INITIAL ENGAGEMENT WITH THE REALM OFFERING CONTINUED ARTISTIC GUIDANCE, READINGS OF NEW WORK, RETREATS AND WRITERS GROUPS, AS WELL AS ADDITIONAL FUNDING FOR OTHER NEEDS; AND (4) ASPIRING PLAYWRIGHTS PROGRAM, WHICH INCLUDES SCRIPT SHARE, WHICH PAIRS ASPIRING PLAYWRIGHTS BY LOTTERY WITH INDUSTRY LEADERS FOR A ONE-HOUR DISCUSSION; AND ALSO A FREE ONLINE RESOURCE OF ARTICLES AND VIDEOS GEARED TOWARDS THAT AUDIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roberta Pereira Director | Trustee | 40 | $138,853 |
Norma Rosenberg Secretary | OfficerTrustee | 5 | $0 |
Mindy Stern Board Chair | OfficerTrustee | 5 | $0 |
Dr Soumi Eachempati Treasurer | OfficerTrustee | 5 | $0 |
Michael Yates Crowley Director | Trustee | 1 | $0 |
Katherine Kovner Artistic Dir. | Trustee | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $226,643 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,220,565 |
| Noncash contributions included in lines 1a–1f | $253,687 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,447,208 |
| Total Program Service Revenue | $0 |
| Investment income | $2,909 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $900 |
| Net Gain/Loss on Asset Sales | $5,037 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,456,660 |
| 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. | $141,413 |
| Compensation of current officers, directors, key employees. | $14,142 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $335,191 |
| Pension plan accruals and contributions | $45 |
| Other employee benefits | $36,361 |
| Payroll taxes | $40,372 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $280 |
| Fees for services: Accounting | $6,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $247,359 |
| Advertising and promotion | $1,886 |
| Office expenses | $7,160 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $82,670 |
| Travel | $4,241 |
| 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 | $281 |
| Insurance | $4,424 |
| All other expenses | $35,080 |
| Total functional expenses | $1,012,098 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,514,662 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $56,449 |
| 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 | $22,582 |
| Net Land, buildings, and equipment | $506 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $85,559 |
| Total assets | $1,679,758 |
| Accounts payable and accrued expenses | $87,798 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $87,798 |
| Net assets without donor restrictions | $1,536,960 |
| Net assets with donor restrictions | $55,000 |
| 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 | $1,679,758 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Playwrights Realm Inc has recieved totaling $1,030,542.
| Awarding Organization | Amount |
|---|---|
Kovner Foundation Jupiter, FL PURPOSE: PERFORMING ARTS | $400,000 |
Kovner Foundation Jupiter, FL PURPOSE: PERFORMING ARTS | $350,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Arts & Culture | $200,000 |
Howard Gilman Foundation Inc New York, NY PURPOSE: FOUNDATION GRANT - GENERAL OPERATING SUPPORT | $55,000 |
Shubert Foundation Inc New York, NY PURPOSE: GENERAL OPERATING | $25,000 |
Long Stems Foundation Inc Harrison, NY PURPOSE: GENERAL OPERATING SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Second Stage Theatre New York, NY | $62,708,833 | $8,654,071 |
Atlantic Theater Company New York, NY | $26,591,945 | $8,396,675 |
Geva Theatre Center Inc Rochester, NY | $17,333,733 | $8,117,861 |