Elevator Repair Service Theater Inc

EIN: 133787877 501(c)(3) Arts, Culture & Humanities

New York, NY

Total Revenue
$1,099,448
Total Expenses
$1,041,747
Total Assets
$902,159
Net Assets
$854,402
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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
NY
Principal Officer
John Collins
Phone
2122543137
Tax Period
2024-08-01 to 2025-07-31

Elevator Repair Service Theater Inc, founded in 1993, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.0M left a modest 5% surplus.

Mission

Elevator Repair Service Theater, Inc.'s artistic mission is to create original works, with a consistent ensemble, that explore and challenge the fundamentals of live performance.

Program Service Accomplishments

Program 1
Expenses: $806,177 Revenue: $526,413

Throughout the 2025 fiscal year, Elevator Repair Service Theater (ERS) fulfilled its mission of creating original works with an ongoing ensemble that explore and challenge the fundamentals of live...

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Throughout the 2025 fiscal year, Elevator Repair Service Theater (ERS) fulfilled its mission of creating original works with an ongoing ensemble that explore and challenge the fundamentals of live performance. In the past 12 months, ERS continued development of our new work, Ulysses, internationally performed Baldwin and Buckley at Cambridge, revived our most famous work, Gatz, and engaged in additional ancillary activities to further bolster our cultural and educational partnerships and increase audience engagement.In November of 2024, ERS remounted a sold-out 19-performance run of Gatz, our 8-hour-long word-for-word enactment of The Great Gatsby, at The Public Theater in New York City. Two decades after its original NYC premiere, Gatz still drew interest and acclaim, and we have received renewed touring interest in the production following this engagement. Ulysses is ERSs take on James Joyce's iconic modernist novel. ERS has a successful history of reinvigorating and bringing new perspectives to pieces of classic literature, and our goal in presenting Ulysses is to transform the notoriously inaccessible text into a performance piece that is both accessible and compelling to a broader audience. Following a world premiere at Bards SummerScape festival in June/July 2024 that received a New York Times Critics Pick, ERS continued to develop the work with engagements at FringeArts in Philadelphia, PA, in September 2024, UMS (University of Michigan) in Ann Arbor, MI, in October 2024, and UCLA in Los Angeles, CA, in April 2025. Altogether, ERS had the opportunity to perform Ulysses for more than 2,500 audience members in FY25. Later in April 2025, ERSs original production Baldwin and Buckley at Cambridge toured to the FIND Festival in Berlin, Germany, for four performances. BBAC is a verbatim depiction of a debate between James Baldwin and William F. Buckley, Jr. at Cambridge University. The piece is a new staging of the text of the 1965 debate whose subject - "The American Dream is at the expense of the American Negro" is as relevant today as it was almost 60 years ago.ERS has also recently participated in ancillary activities in collaboration with other artistic and cultural organizations. In March 2025, ERS collaborated with the James Joyce Society on a free public reading of Exiles, the only play written by James Joyce. Additionally, in December 2024, ERS Artistic Director John Collins and longtime ERS company member Scott Shepherd visited students at The New School to discuss ERS and the development of Ulysses. These ancillary activities allow us to reach broader audiences and interact with groups that may not traditionally attend live theater.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $523,996
Program Service Revenue $526,413
Investment Income $20,331
Other Revenue $28,708
TOTAL REVENUE $1,099,448

Expense Breakdown

Grants Paid $0
Salaries & Benefits $752,475
Fundraising Expenses $149,259
Program Expenses $806,177
Other Expenses $289,272
TOTAL EXPENSES $1,041,747

Year-over-Year Comparison

2024 2023 Change
Revenue $1,099,448 $1,005,955 +0.1%
Expenses $1,041,747 $997,357 +0.0%
Net Income $57,701 $8,598 +5.7%
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
18
Independent Members
17
Employees
46
Volunteers
23

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
5
$110,377
Total Directors
18
$110,377
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Collins President 40.00
Officer Director
$99,575 $10,802 $110,377
Arthur Aufses Director 1.00
Director
$0 $0 $0
Steve Bodow Director 1.00
Director
$0 $0 $0
Zoe Rotter Vice-Chair 1.00
Officer Director
$0 $0 $0
Robert Wilson Director 1.00
Director
$0 $0 $0
Kenneth Cera Vice-Chair 1.00
Officer Director
$0 $0 $0
Clifford Fritz Michel Director 1.00
Director
$0 $0 $0
Anne Stringfield Director 1.00
Director
$0 $0 $0
Greig Sargeant Director 1.00
Director
$0 $0 $0
Doug Curtis Director 1.00
Director
$0 $0 $0
David Gilbert Director 1.00
Director
$0 $0 $0
John Kim Director 1.00
Director
$0 $0 $0
Susan Eddy Director 1.00
Director
$0 $0 $0
Clay Ballard Director 1.00
Director
$0 $0 $0
Lucy Mallett Treasurer 7.00
Officer Director
$0 $0 $0
William Stasiulatis Board Chair 1.00
Officer Director
$0 $0 $0
Ira Simmonds Director 1.00
Director
$0 $0 $0
Eric Liftin 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 $1,099,448 $1,041,747 $902,159 $57,701
2024 $1,005,955 $997,357 $890,056 $8,598
2023 $755,490 $839,371 $900,413 $-83,881
2022 $1,339,186 $1,104,619 $951,372 $234,567
2021 $675,501 $561,081 $993,899 $114,420
2020 $765,946 $827,358 $685,128 $-61,412
2019 $1,084,226 $997,774 $595,815 $86,452
2018 $993,573 $1,045,677 $517,646 $-52,104
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