THEATER FOR THE NEW CITY FOUNDATION INC

EIN: 132694851 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$1,753,519
Total Expenses
$1,282,740
Total Assets
$3,955,293
Net Assets
$3,826,778
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
NY
Principal Officer
CRYSTAL FIELD
Phone
2122541109
Tax Period
2024-07-01 to 2025-06-30

THEATER FOR THE NEW CITY FOUNDATION INC, founded in 1970, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.8M in total revenue in fiscal year 2024. The organization ran a surplus of $471K, a strong 27% operating margin.

Mission

THEATER FOR THE NEW CITY FOUNDATION, INC. PRODUCES AND PERFORMS NEW WORKS, MOSTLY BY AMERICAN PLAYWRIGHTS. THROUGH THE OPERATION OF A FOUR THEATER FACILITY, IT SERVES AS A COMMUNITY-BASED CULTURAL CENTER FOR THE EAST VILLAGE, LOWER EAST SIDE OF MANHATTAN, PROVIDING EXTENSIVE OUTREACH PROGRAMS AS WELL AS EXPERIMENTAL THEATER PERFORMANCES FOR THE THEATER-GOING PUBLIC. THE THEATER ALSO COMMISSIONS NEW WORKS FROM AMERICAS ESTABLISHED AND EMERGING PLAYWRIGHTS AND OFFERS A TRAINING PROGRAM WITH AN EXTENSIVE WORKSHOP SERIES FOR PERFORMERS IN STREET THEATER AS WELL AS A PLAYWRIGHT DEVELOPMENT PROGRAM INVOLVING WORKSHOPS AND PRODUCTION.

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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 $1,320,372
Program Service Revenue $445,670
Investment Income $0
Other Revenue $-12,523
TOTAL REVENUE $1,753,519

Expense Breakdown

Grants Paid $84,850
Salaries & Benefits $221,997
Fundraising Expenses $46,135
Program Expenses $1,028,132
Other Expenses $975,893
TOTAL EXPENSES $1,282,740

Year-over-Year Comparison

2024 2023 Change
Revenue $1,753,519 $1,650,597 +0.1%
Expenses $1,282,740 $1,150,549 +0.1%
Net Income $470,779 $500,048 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
13
Employees
13
Volunteers
200

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
4
$53,475
Total Directors
16
$75,046
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEXANDER BARTENIEFF OPS MGR / BOD 30.00
Officer Director
$33,600 $0 $33,600
MARK MARCANTE Director 40.00
Director
$21,571 $0 $21,571
CRYSTAL FIELD President 40.00
Officer Director
$19,875 $0 $19,875
JANET COOPER PIONTEK CHAIR 1.00
Officer Director
$0 $0 $0
PHILIP HACKETT Secretary/tresa 1.00
Officer Director
$0 $0 $0
joan Kane Director 1.00
Director
$0 $0 $0
MYRNA DUARTE Director 1.00
Director
$0 $0 $0
DEENA HARBURG Director 1.00
Director
$0 $0 $0
JONATHAN FREEMAN Director 1.00
Director
$0 $0 $0
JOEL KUPFERMAN Director 1.00
Director
$0 $0 $0
EDUARDO MACHADO Director 1.00
Director
$0 $0 $0
TIM ROBBINS Director 1.00
Director
$0 $0 $0
MARY TIERNEY Director 1.00
Director
$0 $0 $0
ANDREA FULTON Director 1.00
Director
$0 $0 $0
MICHAEL SCOTT PRICE Director 1.00
Director
$0 $0 $0
ROBERT GREER Director 1.00
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 $1,753,519 $1,282,740 $3,955,293 $470,779
2024 $1,650,597 $1,150,549 $3,488,305 $500,048
2023 $1,775,738 $1,168,891 $2,949,824 $606,847
2022 $1,186,055 $867,631 $2,374,441 $318,424
2021 $672,148 $514,518 $2,082,861 $157,630
2020 $792,781 $765,968 $1,929,413 $26,813
2019 $992,825 $923,503 $1,784,738 $69,322
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