LA MAMA EXPERIMENTAL THEATRE CLUB INC

EIN: 132620861 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$5,276,181
Total Expenses
$4,716,414
Total Assets
$27,353,776
Net Assets
$24,333,434
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
NY
Principal Officer
Mary Fulham
Phone
2122546468
Tax Period
2024-07-01 to 2025-06-30

LA MAMA EXPERIMENTAL THEATRE CLUB INC, founded in 1961, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.3M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $4.7M left a modest 11% surplus.

Mission

La MaMa is dedicated to the artist and all aspects of the theatre. Founded in 1961 by theatre legend Ellen Stewart, La MaMa is the only original Off-Off-Broadway venue still in operation. We are a creative home to artists and audiences from around the world, a dynamic hub for risk-taking new performances, and a vital part of New York Citys cultural fabric. La MaMa believes in the power of art to reveal our shared humanity and supports artists of all identities, races, languages, nationalities, and abilities in the creation of new work.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,463,327
Program Service Revenue $949,190
Investment Income $25,923
Other Revenue $837,741
TOTAL REVENUE $5,276,181

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,225,898
Fundraising Expenses $217,578
Program Expenses $4,077,563
Other Expenses $2,490,516
TOTAL EXPENSES $4,716,414

Year-over-Year Comparison

2024 2023 Change
Revenue $5,276,181 $4,571,800 +0.2%
Expenses $4,716,414 $4,997,970 -0.1%
Net Income $559,767 $-426,170 -2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
17
Employees
110
Volunteers
16

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
19
$140,041
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mary Fulham Managing Dir. 40.00
Director
$72,904 $0 $72,904
Mia Yoo Artistic Dir. 40.00
Director
$57,860 $9,277 $67,137
Frank Carucci President 5.00
Officer Director
$0 $0 $0
Joan Rose Vice President 5.00
Officer Director
$0 $0 $0
Donald Capoccia Vice President 5.00
Officer Director
$0 $0 $0
Richard Pinner Secretary 5.00
Officer Director
$0 $0 $0
Byung Koo Ahn Member 2.00
Director
$0 $0 $0
Eugene Chai Member 5.00
Director
$0 $0 $0
Jane Friedman Member 5.00
Director
$0 $0 $0
Timothy Fulham Member 5.00
Director
$0 $0 $0
Matthew Hall Member 2.00
Director
$0 $0 $0
Steven Malkenson Treasurer 5.00
Officer Director
$0 $0 $0
Wynn Salisch Member 2.00
Director
$0 $0 $0
Luis Ubinas Member 5.00
Director
$0 $0 $0
Scott Wittman Member 2.00
Director
$0 $0 $0
Joel Zwick Member 2.00
Director
$0 $0 $0
Kevin Jennings Member 2.00
Director
$0 $0 $0
Jennifer Kruse Member 2.00
Director
$0 $0 $0
Rob Laqui Member 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $5,276,181 $4,716,414 $27,353,776 $559,767
2024 $4,571,800 $4,997,970 $27,708,211 $-426,170
2023 $7,513,390 $3,934,038 $31,318,312 $3,579,352
2022 $10,867,160 $3,019,451 $27,340,789 $7,847,709
2021 $5,628,904 $2,376,107 $16,857,478 $3,252,797
2020 $5,389,498 $2,639,791 $11,585,864 $2,749,707
2019 $4,888,570 $2,810,884 $7,221,672 $2,077,686
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