Opening Act Inc

EIN: 134127500 501(c)(3) Arts, Culture & Humanities

Brooklyn, NY

Total Revenue
$885,497
Total Expenses
$1,130,926
Total Assets
$209,574
Net Assets
$65,991
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
NY
Principal Officer
Jamie Trowbridge
Phone
6469928355
Tax Period
2024-07-01 to 2025-06-30

Opening Act Inc, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $885K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 28% operating deficit.

Mission

Opening Acts theater programs provide students attending New York Citys most under-served public schools the opportunity to gain confidence, pride, and the knowledge that they can succeed at anything in life.

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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 $785,154
Program Service Revenue $94,805
Investment Income $1,792
Other Revenue $3,746
TOTAL REVENUE $885,497

Expense Breakdown

Grants Paid $17,877
Salaries & Benefits $923,856
Fundraising Expenses $146,988
Program Expenses $751,345
Other Expenses $189,193
TOTAL EXPENSES $1,130,926

Year-over-Year Comparison

2024 2023 Change
Revenue $885,497 $1,121,529 -0.2%
Expenses $1,130,926 $1,312,205 -0.1%
Net Income $-245,429 $-190,676 +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

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Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
19
Employees
39
Volunteers
30

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
7
$142,989
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Deborah Steinglass Interim Executive Director (9/14/2023 to 10/2024) 35.00
Officer
$110,795 $720 $111,515
Alexander Santiago-Jirau Executive Director (Through January 2026 ) 40.00
Officer
$28,706 $2,768 $31,474
Jamie Trowbridge Chair 5.00
Officer Director
$0 $0 $0
Iliana Guibert Vice Chair 5.00
Officer Director
$0 $0 $0
Pam Hacker Vice Chair 5.00
Officer Director
$0 $0 $0
Chris Wilkens Treasurer 3.00
Officer Director
$0 $0 $0
Ashia Johnson Secretary 2.00
Officer Director
$0 $0 $0
Brittany Adebumola Board Member 2.00
Director
$0 $0 $0
Gregg Arst Board Member 2.00
Director
$0 $0 $0
Kym Blanchard Board Member 2.00
Director
$0 $0 $0
Carolyn Cantor Board Member 2.00
Director
$0 $0 $0
Leah Day VanHorn Board Member 2.00
Director
$0 $0 $0
Michael Fleming Board Member 2.00
Director
$0 $0 $0
Drew Garrison Board Member 2.00
Director
$0 $0 $0
Ali Kamin Board Member 2.00
Director
$0 $0 $0
Nicole Kwan Board Member 2.00
Director
$0 $0 $0
Annie Parisse Board Member 2.00
Director
$0 $0 $0
Anastasia Pronin Board Member 2.00
Director
$0 $0 $0
Jonathan Schorr Board Member 2.00
Director
$0 $0 $0
Ira Schreck Board Member 2.00
Director
$0 $0 $0
Chen Shao Board Member 2.00
Director
$0 $0 $0
Paul Cellupica Board Member until October 2024 2.00
Director
$0 $0 $0
Rahul Trippathi Board Member until December 2024 2.00
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 $885,497 $1,130,926 $209,574 $-245,429
2024 No data No data No data No data
2023 $1,211,485 $1,482,053 $730,764 $-270,568
2022 $1,432,918 $1,509,961 $871,641 $-77,043
2021 $1,595,710 $1,420,721 $1,257,121 $174,989
2020 $1,866,380 $1,750,008 $1,125,669 $116,372
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