PREMIERA INC

EIN: 134096976 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$274,619
Total Expenses
$300,353
Total Assets
$49,755
Net Assets
$36,930
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
NY
Principal Officer
PAULETTE HAUPT
Phone
2127497301
Tax Period
2022-01-01 to 2022-12-31

PREMIERA INC, founded in 1999, is a small nonprofit in the Arts, Culture & Humanities sector that reported $275K in total revenue in fiscal year 2022. Revenue surged 397% from the prior year, signaling strong growth momentum.

Mission

PREMIERES' mission is to support the development and promotion of new music theater works in New York City by exceptional playwrights, lyricists and composers whose creative visions move the art form forward and enrich the lexicon of the American Musical Theater. We present staged readings of works in development as well as create new partnerships through commissions, development and full productions in our 'Inner Voices' initiative.

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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 (2022)

Revenue Breakdown

Contributions & Grants $219,724
Program Service Revenue $36,612
Investment Income $12
Other Revenue $18,271
TOTAL REVENUE $274,619

Expense Breakdown

Grants Paid $0
Salaries & Benefits $127,152
Fundraising Expenses $174
Program Expenses $275,088
Other Expenses $173,201
TOTAL EXPENSES $300,353

Year-over-Year Comparison

2022 2021 Change
Revenue $274,619 $55,236 +4.0%
Expenses $300,353 $25,465 +10.8%
Net Income $-25,734 $29,771 -1.9%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
17
Independent Members
N/A
Employees
51
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
1
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAULETTE HAUPT ARTISTIC DIRECT 25.00
Director
$0 $0 $0
EDWARD TRACH President 1.00
Officer Director
$0 $0 $0
JOYCE CASTLE BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN ELLIOT BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELE LOWE BOARD MEMBER 1.00
Director
$0 $0 $0
MARY BETH PEIL BOARD MEMBER 1.00
Director
$0 $0 $0
MARJORIE SEIDES BOARD MEMBER 1.00
Director
$0 $0 $0
DUANA WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
CAROLYN WEBER BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT BENNETT BOARD MEMBER 1.00
Director
$0 $0 $0
JULIE GILBERT HOLOF BOARD MEMBER 1.00
Director
$0 $0 $0
SALLY SPEER BOARD MEMBER 1.00
Director
$0 $0 $0
BONNIE KRAMM BOARD MEMBER 1.00
Director
$0 $0 $0
KATE HANCOCK BOARD MEMBER 1.00
Director
$0 $0 $0
FRANCESCA JAMES BOARD MEMBER 1.00
Director
$0 $0 $0
KAREN BELUSO BOARD MEMBER 1.00
Director
$0 $0 $0
MARY J DAVIS 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
2022 $274,619 $300,353 $49,755 $-25,734
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