FOLKSBIENE YIDDISH THEATRE INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

MARK MLOTEK

Phone

2122132120

Tax Period

2023-07-01 to 2024-06-30

FOLKSBIENE YIDDISH THEATRE INC, founded in 1998, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.1M in total revenue in fiscal year 2023. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $2.5M exceeded revenue, resulting in a 20% operating deficit.

Mission

THE NATIONAL YIDDISH THEATRE - FOLKSBIENE'S MISSION IS TO CELEBRATE THE YIDDISH EXPERIENCE THROUGH THE PERFORMING ARTS BY TRANSMITTING THE RICH CULTURAL LEGACY IN EXCITING NEW WAYS THAT BRIDGE SOCIAL AND CULTURAL DIVIDES.

Program Service Accomplishments

Program 1

Expenses: $1,819,883 Revenue: $240,230

THE ORGANIZATION PRESENTS PLAYS, MUSICALS, CONCERTS, LECTURES, INTERACTIVE EDUCATIONAL WORKSHOPS AND COMMUNITY-BUILDING ACTIVITIES IN ENGLISH AND YIDDISH.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,779,118

Program Service Revenue $240,230

Investment Income $129

Other Revenue $37,734

TOTAL REVENUE $2,057,211

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,090,626

Fundraising Expenses $320,258

Program Expenses $1,819,883

Other Expenses $1,376,155

TOTAL EXPENSES $2,466,781

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,057,211	$3,689,690	-0.4%
Expenses	$2,466,781	$4,003,248	-0.4%
Net Income	$-409,570	$-313,558	+0.3%

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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

177

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

$85,239

Total Directors

Key Employees

$165,961

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEENA BERNSTEIN	TRUSTEE	1.00	Director	$0	$0	$0
THOMAS BLUMBERG	EXECUTIVE COMMITTEE	1.00	Officer Director	$0	$0	$0
SANDRA F CAHN	CO-CHAIR	10.00	Officer Director	$0	$0	$0
THEODORE FEDER	TRUSTEE	1.00	Director	$0	$0	$0
KAREN FRIEDMAN	CHAIR, STRATEGIC PLANNING	3.00	Officer Director	$0	$0	$0
LOUIS GALPERN	TRUSTEE	1.00	Director	$0	$0	$0
KEN ROSEN	TRUSTEE	3.00	Director	$0	$0	$0
FRANCES KROSHINSKY	TRUSTEE	1.00	Director	$0	$0	$0
CAROL LEVIN	CO-CHAIR	10.00	Officer Director	$0	$0	$0
MARK MLOTEK	PRESIDENT	10.00	Officer Director	$0	$0	$0
JOSEPH POTASNIK	TRUSTEE	1.00	Director	$0	$0	$0
SERYL RITTER	CHAIR, DEVELOPMENT	3.00	Officer Director	$0	$0	$0
JUDITH FRIEDMAN ROSEN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MARK SARNA	TRUSTEE	1.00	Director	$0	$0	$0
MINNA SEITELMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID TEYF	TRUSTEE	1.00	Director	$0	$0	$0
JEFFREY S WIESENFELD	TREASURER	3.00	Officer Director	$0	$0	$0
JAY WISNICKI	TRUSTEE	1.00	Director	$0	$0	$0
ERIKA WITOVER	CHAIR, NOMINATING	1.00	Officer Director	$0	$0	$0
MATTHEW DIDNER	PROGRAMMING DIRECTOR	40.00	Officer	$82,667	$2,572	$85,239
ZALMEN MLOTEK	ARTISTIC DIRECTOR	40.00	Key Emp	$161,000	$4,961	$165,961
STEVE ROSS	MARKETING DIRECTOR	40.00	Highest	$172,263	$18,039	$190,302
DOMINICK BALLETTA	FORMER EXECUTIVE DIRECTOR	40.00		$164,710	$5,250	$169,960

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	$2,057,211	$2,466,781	$217,703	$-409,570
2023	$3,708,825	$4,026,839	$475,208	$-318,014
2023	$3,689,690	$4,003,248	$457,848	$-313,558
2022	$4,534,194	$5,014,077	$1,005,371	$-479,883
2021	$1,394,349	$1,503,750	$1,531,305	$-109,401
2020	$1,840,538	$2,448,384	$1,535,749	$-607,846
2019	$5,430,897	$5,111,665	$1,861,544	$319,232
2018	$1,822,999	$1,769,301	$1,739,802	$53,698