THE NATIONAL BLACK THEATRE WORKSHOP

EIN: 132632596 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$3,906,692
Total Expenses
$4,675,653
Total Assets
$5,229,526
Net Assets
$4,250,488
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
NY
Principal Officer
Michael F Lythcott
Phone
2129261049
Tax Period
2023-11-01 to 2024-10-31

THE NATIONAL BLACK THEATRE WORKSHOP, founded in 1968, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.9M in total revenue in fiscal year 2023. Expenses of $4.7M exceeded revenue, resulting in a 20% operating deficit.

Mission

The National Black Theatre Workshop Incorporated was incorporated in October 1968 as a cultural and educational institution. The purpose of the Organization is to create a cultural hub for community-based artists; to offer through its programs, namely Theatre Arts, Entrepreneurial Arts and Communication Arts, activities for cultural enrichment and education; and to generate a creative environment where artistic needs could be satisfied. The Organization was also established to forward community development, economic empowerment and to ensure the cultural conservancy of people of African descent.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,628,176
Program Service Revenue $189,864
Investment Income $19,342
Other Revenue $69,310
TOTAL REVENUE $3,906,692

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,135,787
Fundraising Expenses $591,679
Program Expenses $3,670,526
Other Expenses $2,321,352
TOTAL EXPENSES $4,675,653

Year-over-Year Comparison

2023 2022 Change
Revenue $3,906,692 $3,910,139 0.0%
Expenses $4,675,653 $4,002,688 +0.2%
Net Income $-768,961 $-92,549 +7.3%
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
15
Independent Members
15
Employees
67
Volunteers
5

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
3
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Barbara Lythcott CEO 35.00
$148,366 $48,550 $196,916
Barbara Koegel COO 35.00
$128,374 $35,338 $163,712
Jonathan McCrory Exec Artistic Dir. 35.00
$143,179 $13,252 $156,431
Cleo Wade Director 1.00
Director
$0 $0 $0
Michelle Wilson Director 1.00
Director
$0 $0 $0
David Alan Grier Director 1.00
Director
$0 $0 $0
Leslie Odom Jr Director 1.00
Director
$0 $0 $0
Zoe Kravitz Director 1.00
Director
$0 $0 $0
De'Ara Balenger Director 1.00
Director
$0 $0 $0
Anthony Roth Costanzo Director 1.00
Director
$0 $0 $0
Tracey Ryans Director 1.00
Director
$0 $0 $0
Jonathan Wiggins Director 1.00
Director
$0 $0 $0
Alia Jones-Harvey Director 0.00
Director
$0 $0 $0
Denise Bradley-Tyson Director 0.00
Director
$0 $0 $0
Van Jones Director 0.00
Director
$0 $0 $0
Michael F Lythcott Board Chairman 5.00
Officer
$0 $0 $0
Velma Banks Secretary 1.00
Officer
$0 $0 $0
Linara Davidson Treasurer 1.00
Officer
$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
2024 $3,906,692 $4,675,653 $5,229,526 $-768,961
2023 $3,910,139 $4,002,688 $5,870,743 $-92,549
2022 $5,134,746 $2,652,993 $5,847,848 $2,481,753
2021 $2,230,682 $1,437,946 $2,967,352 $792,736
2020 $2,481,727 $1,311,335 $2,069,070 $1,170,392
2019 $1,254,874 $1,081,147 $740,844 $173,727
2018 $1,234,193 $932,212 $640,834 $301,981
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