ATLANTIC THEATER COMPANY

EIN: 133218253 501(c)(3) Arts, Culture & Humanities

New York, NY

Total Revenue
$16,716,193
Total Expenses
$15,644,871
Total Assets
$29,408,490
Net Assets
$12,508,880
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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
VT
Principal Officer
JEFFORY LAWSON
Phone
2126915919
Tax Period
2023-09-01 to 2024-08-31

ATLANTIC THEATER COMPANY, founded in 1985, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $16.7M in total revenue in fiscal year 2023. Expenses of $15.6M left a modest 6% surplus.

Mission

At Atlantic, our aim is singular: to empower simple and honest storytelling that fosters greater understanding of our shared world. Across our work, we are a family of artists dedicated to exploring essential truths onstage, be it a show at Atlantic Theater Company or a class at Atlantic Acting School. As a producer, presenter, and educator of theater, we are driven by the belief that theater can challenge and transform our ways of thinking and urge us to reflect on our role in society. What's more, we are committed to uncovering and celebrating the stories of our varied human existence - from our Tony Award and Pulitzer Prize-winning productions to our impactful arts education programs.

Program Service Accomplishments

Program 1
Expenses: $5,446,031 Revenue: $5,910,306

Since our inception, Atlantic has been training young people in the theater at Atlantic Acting School, where we equip our students with the physical, emotional, and analytical tools of acting to...

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Since our inception, Atlantic has been training young people in the theater at Atlantic Acting School, where we equip our students with the physical, emotional, and analytical tools of acting to discover their truths and prepare them for success beyond our doors. Each year, we offer an accredited conservatory program, a BFA program operated through New York University, and afterschool and summer programs for children and teenagers from across the city. We're also serving over 3,500 NYC public school students through various arts education programs. In STAGING SUCCESS, Atlantic partners with two public high schools to offer in-class cross-curricular theater lessons. Simultaneously, Atlantic's DISCOVER SUCCESS is a matinee program providing students from 30 NYC schools with tickets to Atlantic productions, pre-show classroom visits with teaching artists, study guides, and post-show discussions with the play's cast. Older students receive tickets to Atlantic productions while younger children attend one of the company's ATLANTIC FOR KIDS shows, like this season's "El Otro Oz", book by Mando Alvarado and Tommy Newman, music and lyrics by Jaime Lozano and Tommy Newman. We also serve neurodiverse children and young adults -particularly those with autism - through ACCESS SUCCESS.

Program 2
Expenses: $8,062,637 Revenue: $5,123,498

At Atlantic Theater Company, we're an award-winning producer, premiering works by intrepid playwrights like Ngozi Anyanwu, Lloyd Suh, and Stephen Adly Guirgis as well as critically-acclaimed musicals...

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At Atlantic Theater Company, we're an award-winning producer, premiering works by intrepid playwrights like Ngozi Anyanwu, Lloyd Suh, and Stephen Adly Guirgis as well as critically-acclaimed musicals such as "KIMBERLY AKIMBO"THE BEDWETTER". As part of this work, each season we serve almost 50,000 patrons and artists and produce four productions at the company's two theater spaces in the Chelsea neighborhood of Manhattan: the 199-seat Linda Gross Theater on West 20th Street and the 99-seat Stage 2 theater on West 16th Street. Productions programmed as part of Atlantic's 2023-24 season included Pulitzer Prize-winning playwright Annie Baker's "Infinite Life", the new musical "Buena Vista Social Club", book by Marco Ramirez and music and lyrics by Buena Vista Social Club, the American premiere of Lucy Kirkwood's "The Welkin", and Shayan Lotfi's Off-Broadway debut, "What Became of Us". We also continued our New Play Development programs and served over 12 playwrights through readings and workshops.

Program 3
Expenses: $131,826 Revenue: $61,080

Studio and theater spaces, when not being used for Atlantic programs, are available to rent. Atlantic offers space at scaled prices to help our school alumni build their artistic ensembles, to help...

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Studio and theater spaces, when not being used for Atlantic programs, are available to rent. Atlantic offers space at scaled prices to help our school alumni build their artistic ensembles, to help other theater education organizations address social issues through the use of theater, and to provide young or up-and-coming non-profit theater companies the opportunity to bring their work to the New York City audience. Miscellaneous other income is received for various program-related activities.

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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 $5,295,202
Program Service Revenue $11,050,718
Investment Income $326,107
Other Revenue $44,166
TOTAL REVENUE $16,716,193

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,871,989
Fundraising Expenses $1,109,565
Program Expenses $13,640,494
Other Expenses $6,694,882
TOTAL EXPENSES $15,644,871

Year-over-Year Comparison

2023 2022 Change
Revenue $16,716,193 $16,824,165 0.0%
Expenses $15,644,871 $15,064,958 +0.0%
Net Income $1,071,322 $1,759,207 -0.4%
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
28
Independent Members
25
Employees
671
Volunteers
500

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
7
$1,153,396
Total Directors
28
$383,056
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFORY LAWSON MANAGING DIRECTOR 40.0
Officer
$259,989 $157,788 $417,777
NEIL PEPE ARTISTIC DIRECTOR 40.0
Officer
$242,185 $140,639 $382,824
MARY MCCANN DIRECTOR/SCHOOL EXEC DIR 40.0
Officer Director
$196,997 $155,798 $352,795
HILARY HINCKLE BOARD MEMBER/FACULTY 1.0
Director
$30,261 $0 $30,261
OLAF OLAFSSON Chair 1.0
Officer Director
$0 $0 $0
CAROL AUERBACH Vice Chair 1.0
Officer Director
$0 $0 $0
BETSY PITTS secretary 1.0
Officer Director
$0 $0 $0
KEVIN R LYLE Treasurer 1.0
Officer Director
$0 $0 $0
CHRIS BONEAU Director 1.0
Director
$0 $0 $0
JOY BUNSON Director 1.0
Director
$0 $0 $0
JENNIFER DANIELSEN director 1.0
Director
$0 $0 $0
JENNI DICKSON director 1.0
Director
$0 $0 $0
SUZANNE FREIND director 1.0
Director
$0 $0 $0
MARY GARETT TURNER director 1.0
Director
$0 $0 $0
CLARK GREGG Director 1.0
Director
$0 $0 $0
WOLF HENGST Director 1.0
Director
$0 $0 $0
ROGER KASS Director 1.0
Director
$0 $0 $0
JANE KING Director 1.0
Director
$0 $0 $0
SCOTT KORF Director 1.0
Director
$0 $0 $0
KATIE LEEDE Director 1.0
Director
$0 $0 $0
MONIQUE LONG Director 1.0
Director
$0 $0 $0
ILONA NEMETH Director 1.0
Director
$0 $0 $0
ANNIE PELL director 1.0
Director
$0 $0 $0
HILARY EDSON POLK Director 1.0
Director
$0 $0 $0
THOMAS ROBERTSHAW director 1.0
Director
$0 $0 $0
MAHLET SEYOUM-Powell Director 1.0
Director
$0 $0 $0
CLAUDIA WAGNER Director 1.0
Director
$0 $0 $0
EMANUEL WEINTRAUB Director 1.0
Director
$0 $0 $0
JOANNE R WENIG Director 1.0
Director
$0 $0 $0
SUSI WUNSCH Director 1.0
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 No data No data No data No data
2024 $16,716,193 $15,644,871 $29,408,490 $1,071,322
2023 $16,824,165 $15,064,958 $27,747,801 $1,759,207
2022 $18,873,753 $14,798,539 $27,349,510 $4,075,214
2021 $8,396,675 $7,757,895 $26,591,945 $638,780
2020 $10,288,435 $11,723,862 $23,125,625 $-1,435,427
2019 $12,363,523 $12,538,273 $10,190,073 $-174,750
2018 $12,389,941 $11,959,256 $12,210,759 $430,685
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