National Asian American Theatre Company

EIN: 133486145 501(c)(3)

New York, NY

Total Revenue
$994,971
Total Expenses
$955,682
Total Assets
$805,807
Net Assets
$796,807
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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
NY
Principal Officer
Mia Katigbak
Phone
2122440447
Tax Period
2024-07-01 to 2025-06-30

National Asian American Theatre Company, founded in 1989, is a small nonprofit that reported $995K in total revenue in fiscal year 2024. Revenue surged 243% from the prior year, signaling strong growth momentum. Expenses of $956K left a modest 4% surplus.

Mission

National Asian American Theatre Company ("NAATCO")'s mission is to assert the presence and significance of Asian American theatre in the United States, demonstrating its vital contributions to the fabric of American culture. NAATCO puts into service its total commitment to Asian American theatre artists to more accurately represent onstage the multi- and intercultural dynamics of our society. NAATCO is equally committed to Asian American theatre technicians and administrators. Through our practice, we demonstrate a rich tapestry of cultural difference bound by the American experience.

Program Service Accomplishments

Program 1
Expenses: $388,599 Revenue: $50,476

From January 18 - February 15, 2025, we produced a production of Cymbeline by William Shakespeare, with modern verse translation by Andrea Thome and directed by Stephen Brown-Fried. The cast features...

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From January 18 - February 15, 2025, we produced a production of Cymbeline by William Shakespeare, with modern verse translation by Andrea Thome and directed by Stephen Brown-Fried. The cast features 11 Asian-American actors, all women, and an all women design team. The production was nominated for two Drama Desk awards: Outstanding Featured Performance in a Play by Maria-Christina Oliveras and Outstanding Adaptation of a Play by Andrea Thome.

Program 2
Expenses: $215,000 Revenue: $61,330

From May 8 - June 8, 2025, we co-produced a production of Bus Stop by William Inge with Classic Stage Company and Transport Group. The production was directed by Jack Cummings III and featured a cast...

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From May 8 - June 8, 2025, we co-produced a production of Bus Stop by William Inge with Classic Stage Company and Transport Group. The production was directed by Jack Cummings III and featured a cast of 8 Asian-American actors. Bus Stop was nominated for Outstanding Revival by the Lucille Lortel Awards.

Program 3
Expenses: $162,851

With rehearsals beginning in February 2025, and performances in March 2025, TheatreSquared in Fayetteville, AK, produced Shakespeares TWELFTH NIGHT, directed by Aneesha Kudtarkar as part of the...

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With rehearsals beginning in February 2025, and performances in March 2025, TheatreSquared in Fayetteville, AK, produced Shakespeares TWELFTH NIGHT, directed by Aneesha Kudtarkar as part of the NAATCO National Partnership Project. The production was also in partnership with Play On! Shakespeare and featured an all Asian cast.

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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 $864,704
Program Service Revenue $112,603
Investment Income $15,503
Other Revenue $2,161
TOTAL REVENUE $994,971

Expense Breakdown

Grants Paid $290,000
Salaries & Benefits $311,382
Fundraising Expenses $16,546
Program Expenses $766,450
Other Expenses $354,300
TOTAL EXPENSES $955,682

Year-over-Year Comparison

2024 2023 Change
Revenue $994,971 $290,258 +2.4%
Expenses $955,682 $503,517 +0.9%
Net Income $39,289 $-213,259 -1.2%
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
6
Independent Members
6
Employees
48
Volunteers
N/A

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
$52,500
Total Directors
7
$52,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mia Katigbak Director 42.00
Officer Director
$52,500 $0 $52,500
Richard Eng President 1.00
Officer Director
$0 $0 $0
William P Steele Treasurer 1.00
Officer Director
$0 $0 $0
Eric Achacoso Secretary 1.00
Officer Director
$0 $0 $0
Lani Kennedy Member 1.00
Director
$0 $0 $0
Suzette Porte Member 1.00
Director
$0 $0 $0
Jennifer Moon Member 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 $994,971 $955,682 $805,807 $39,289
2024 $290,258 $503,517 $852,313 $-213,259
2023 $679,062 $705,171 $986,304 $-26,109
2022 $1,259,504 $533,490 $1,039,170 $726,014
2019 $298,141 $351,806 $33,050 $-53,665
2018 $176,866 $108,180 $86,715 $68,686
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