THE NEW GROUP INC

EIN: 133613115 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$5,301,126
Total Expenses
$5,766,423
Total Assets
$1,266,543
Net Assets
$1,025,881
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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
NY
Principal Officer
ADAM BERNSTEIN
Phone
2122443380
Tax Period
2024-09-01 to 2025-08-31

THE NEW GROUP INC, founded in 1991, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.3M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum.

Mission

THE NEW GROUP IS AN ARTIST-DRIVEN COMPANY WITH A COMMITMENT TO DEVELOPING AND PRODUCING POWERFUL, CONTEMPORARY THEATER. WHILE CONSTANTLY EVOLVING, WE MAINTAIN AN ENSEMBLE APPROACH TO ALL OUR WORK AND AN ARTICULATED STYLE OF EMOTIONAL IMMEDIACY IN (SEE SCHEDULE O) OUR ACTING AND PRODUCTIONS. IN THIS WAY, WE SEEK A THEATER THAT IS ADVENTUROUS, STIMULATING AND MOST IMPORTANTLY "NOW" - A TRUE FORUM FOR THE PRESENT CULTURE.

Program Service Accomplishments

Program 1
Expenses: $4,894,734 Revenue: $3,169,519

DURING THE 2024-25 SEASON, THE NEW GROUP (TNG) CELEBRATED ITS 30TH ANNIVERSARY BY ADVANCING ITS MISSION TO DEVELOP AND PRODUCE ADVENTUROUS, ARTIST-DRIVEN THEATER. PROGRAMMING FOCUSED ON THREE CORE...

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DURING THE 2024-25 SEASON, THE NEW GROUP (TNG) CELEBRATED ITS 30TH ANNIVERSARY BY ADVANCING ITS MISSION TO DEVELOP AND PRODUCE ADVENTUROUS, ARTIST-DRIVEN THEATER. PROGRAMMING FOCUSED ON THREE CORE PILLARS: WORLD-CLASS PRODUCTIONS, NEW WORK DEVELOPMENT, AND COMPREHENSIVE THEATER EDUCATION. IN TOTAL, TNG PRODUCED THREE MAINSTAGE PLAYS AND ONE MUSICAL, SUPPORTED THE DEVELOPMENT OF 18 NEW WORKS, AND SERVED OVER 340 STUDENTS THROUGH DIVERSE EDUCATIONAL INITIATIVES.MAINSTAGE PRODUCTIONS & CO-PRODUCTIONSTNG'S 30TH ANNIVERSARY SEASON REACHED A TOTAL AUDIENCE OF 30,463 THROUGH FOUR DISTINCT THEATRICAL WORKS AT THE PERSHING SQUARE SIGNATURE CENTER AND THE VINEYARD THEATER: BABE: THE OFF-BROADWAY PREMIERE OF JESSICA GOLDBERG'S PLAY, DIRECTED BY SCOTT ELLIOTT AND STARRING MARISA TOMEI. (10/29 - 12/22/2024; ATTENDANCE: 8,002). CURSE OF THE STARVING CLASS: A MAJOR REVIVAL OF SAM SHEPARD'S OBIE AWARD-WINNING CLASSIC, DIRECTED BY SCOTT ELLIOTT AND FEATURING AN ENSEMBLE CAST INCLUDING CHRISTIAN SLATER AND CALISTA FLOCKHART. DUE TO POPULAR DEMAND, THE RUN INCLUDED A ONE-WEEK EXTENSION. (2/23 - 4/6/2025; ATTENDANCE: 10,862). THE LAST BIMBO OF THE APOCALYPSE: THE WORLD PREMIERE MUSICAL BY MICHAEL BRESLIN AND PATRICK FOLEY. (4/22 - 6/1/2025; ATTENDANCE: 6,124). BOWL EP: A CO-PRODUCTION IN ASSOCIATION WITH THE VINEYARD THEATER AND NATIONAL BLACK THEATER. WRITTEN AND DIRECTED BY NAZARETH HASSAN. (5/4 - 6/22/2025; ATTENDANCE: 5,475).NEW GROUP/NEW WORKS DEVELOPMENTTNG SUPPORTED THE DEVELOPMENT OF 18 NEW PLAYS AND MUSICALS. HIGHLIGHTS INCLUDED: TOW FOUNDATION PLAYWRIGHT-IN-RESIDENCE: SUPPORTED THREE WORKS BY PRESTON CROWDER (GOD, DAMN IT!, LESSONS FROM HIM, AND BOCKING). FREE FEST: A PUBLIC READING FESTIVAL AT THEATER ROW (JUNE 25-29, 2025) FEATURING FOUR BOUNDARY-DEFYING WORKS SELECTED THROUGH A NEWLY IMPLEMENTED CURATORIAL PROCESS. THE CLIMATE PLAYS: A SPECIALIZED READING FESTIVAL AT RIPLEY-GRIER (JULY 15-17, 2025) EXPLORING THE GLOBAL CLIMATE CRISIS THROUGH THREE NEW WORKS. ADDITIONAL DEVELOPMENT: READINGS AND WORKSHOPS WERE HELD FOR 11 OTHER WRITERS, AS WELL AS DEVELOPMENT FOR THE WORLD PREMIERE MUSICAL THE LAST BIMBO OF THE APOCALYPSE.EDUCATION & COMMUNITY ENGAGEMENTTHE NEW GROUP PROVIDED THEATER EDUCATION AND ACTING TRAINING TO MIDDLE SCHOOL, HIGH SCHOOL, AND COLLEGE STUDENTS ACROSS NEW YORK CITY: YTT COLLEGE ACCESS: SERVED 282 STUDENTS (OVER 75% FIRST-GENERATION/LOW-INCOME) USING THEATER TECHNIQUES TO GUIDE STUDENTS IN TRANSFORMING THEIR PERSONAL LIFE STORIES FOR USE IN THE COLLEGE ESSAYS AND INTERVIEWS AND TO SUPPORT FAMILIES IN EVERY ASPECT OF THE COLLEGE APPLICATION PROCESS. TO DATE, THE PROGRAM MAINTAINS A 100% COLLEGE ACCEPTANCE RATE FOR PARTICIPANTS, WITH A HIGH SUCCESS RATE OF ADMISSIONS INTO IVY LEAGUE AND OTHER ELITE INSTITUTIONS. SUMMER CONSERVATORY: IN PARTNERSHIP WITH WINGSPAN ARTS, TNG PROVIDED A THREE-WEEK, TUITION-FREE PROGRAM FOR 61 STUDENTS (GRADES 6-12), CULMINATING IN THREE FULLY STAGED PRODUCTIONS (FREAKY FRIDAY, THE ADDAMS FAMILY, AND SHE KILLS MONSTERS). LIU BROOKLYN BFA: IN COLLABORATION WITH LONG ISLAND UNIVERSITY, TNG CONTINUED ITS BFA IN ACTING FOR THEATRE, FILM, AND TELEVISION. STUDENTS RECEIVED PROFESSIONAL TRAINING FROM TNG ARTISTS AND GAINED HANDS-ON EXPERIENCE THROUGH ADMINISTRATIVE INTERNSHIPS WITHIN THE COMPANY.

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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 $2,085,510
Program Service Revenue $3,169,519
Investment Income $19,380
Other Revenue $26,717
TOTAL REVENUE $5,301,126

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,833,153
Fundraising Expenses $571,641
Program Expenses $4,894,734
Other Expenses $2,788,036
TOTAL EXPENSES $5,766,423

Year-over-Year Comparison

2024 2023 Change
Revenue $5,301,126 $4,305,458 +0.2%
Expenses $5,766,423 $5,258,397 +0.1%
Net Income $-465,297 $-952,939 -0.5%
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
27
Independent Members
25
Employees
117
Volunteers
41

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
8
$421,917
Total Directors
29
$421,917
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT ELLIOTT ARTISTIC DIRECTOR 40.00
Officer Director
$225,000 $19,240 $244,240
ADAM BERNSTEIN EXECUTIVE DIRECTOR 40.00
Officer Director
$175,945 $1,732 $177,677
DEREK MCLANE CHAIR 1.00
Officer Director
$0 $0 $0
ABBY MERRILL PRESIDENT 1.00
Officer Director
$0 $0 $0
KUMIKO YOSHII VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
THOMAS BRADSHAW VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
CHRISTINA KOPEC ROONEY TREASURER 1.00
Officer Director
$0 $0 $0
JOHN GREENWOOD SECRETARY 1.00
Officer Director
$0 $0 $0
KELLY AARON BOARD MEMBER 1.00
Director
$0 $0 $0
PETER C ALKALAY BOARD MEMBER 1.00
Director
$0 $0 $0
STUART BINSTOCK BOARD MEMBER 1.00
Director
$0 $0 $0
ETHAN HAWKE BOARD MEMBER 1.00
Director
$0 $0 $0
GWEN KOROVIN BOARD MEMBER 1.00
Director
$0 $0 $0
ROBIN LATHROP BOARD MEMBER 1.00
Director
$0 $0 $0
DR DAVID MILCH BOARD MEMBER 1.00
Director
$0 $0 $0
ISAAC MIZRAHI BOARD MEMBER 1.00
Director
$0 $0 $0
EVANGELINE MORPHOS BOARD MEMBER 1.00
Director
$0 $0 $0
SERGE NIVELLE BOARD MEMBER 1.00
Director
$0 $0 $0
CYNTHIA NIXON BOARD MEMBER 1.00
Director
$0 $0 $0
MIMI O'DONNELL BOARD MEMBER 1.00
Director
$0 $0 $0
CAROL OSTROW BOARD MEMBER 1.00
Director
$0 $0 $0
PRITI PATEL BOARD MEMBER (TO SEP 2024) 1.00
Director
$0 $0 $0
CAROLE PIWNICA BOARD MEMBER 1.00
Director
$0 $0 $0
LAWRENCE PLATKIN BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLES RENFRO BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT ROSENBERG BOARD MEMBER 1.00
Director
$0 $0 $0
JANA SHEA BOARD MEMBER 1.00
Director
$0 $0 $0
JONATHAN MARC SHERMAN BOARD MEMBER (TO SEP 2024) 1.00
Director
$0 $0 $0
BARBARA SLOAN BOARD 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 $5,301,126 $5,766,423 $1,266,543 $-465,297
2024 $4,305,458 $5,258,397 $2,022,941 $-952,939
2023 $3,922,738 $5,027,145 $2,874,597 $-1,104,407
2022 $7,271,580 $5,470,465 $3,739,048 $1,801,115
2021 $2,360,908 $1,591,573 $3,779,548 $769,335
2020 $6,639,868 $6,465,943 $1,445,588 $173,925
2019 $7,918,840 $7,941,537 $1,672,393 $-22,697
2018 $7,513,219 $7,573,074 $1,498,076 $-59,855
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