PROJECT Y THEATRE INC

EIN: 263881551 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$81,374
Total Expenses
$79,674
Total Assets
$24,006
Net Assets
$23,996
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Organization Details

Formation Year
2008
Legal Domicile
NY
Principal Officer
Tony Biancosino
Phone
2022574049
Tax Period
2023-01-01 to 2023-12-31

PROJECT Y THEATRE INC, founded in 2008, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $81K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

Project Y produces new and innovative theatre by diverse playwrights, with a focus on unheard voices and artists. See Sch O Part III Line 1 for continuation.

Program Service Accomplishments

Program 1
Expenses: $39,174 Revenue: $3,459

The Women in Theatre Festival 2023 seeks to broaden the opportunities for women in the entertainment industry by producing new work by women with more than 50% female representation of all artists...

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The Women in Theatre Festival 2023 seeks to broaden the opportunities for women in the entertainment industry by producing new work by women with more than 50% female representation of all artists involved. There are 3 major programming initiatives as part of the Festival: the world premiere Yoga with Jillian by Lia Romeo featuring Michole Biancosino and directed by Andrew W Smith, the All Hands on Deck Reading Series (Conceived by Antu Yacob) which featured new commissioned work by female playwrights of the African Diaspora (Playwrights: Judy Tate, Marie-Francoise Theodore and Shamar White and directed by Tonia Anderson and Noell LuSane), Hrosthwitha Project, which is aimed at reclaiming and celebrating the history of women in theatre. We commissioned adaptations of a play by the first woman playwright, 10th century abbess, Hrosthwitha of Gandersham from playwrights Liz Appel, Enid Graham, Yong Yong Li, Colleen ODoherty, and Deepa Purohit and directed by Rachel Dart and Kimille Howard. In addition, there were a number of one-night new play readings, including work by Eliza Bent, Beth Ann Powers, Amina Henry, Julia Blauvelt, Chris Reisig, and the Bellweather Project. In addition, the Women in Theatre Festival also hosted an evening of writing by women playwrights 40 or over. Through a submission and selection process, we have chosen an evening of monologues to be read by the playwrights and a company of actors. The playwrights that were a part of this were: Liz Amadio, Caytha Jentis, Anne Valentino, Julie Weinberg, Yvette Heyliger, Eve Cohen, Dana Leslie Goldstein, Ashley Minihan, Shellen Lubin, Angela Page, Serena Norr, Jessica Feder-Birnbaum, and J. Lois Diamond. The Festival took place from June 3-17 at The Gural Theatre at 502 West 53rd Street, NYC.

Program 2
Expenses: $22,183 Revenue: $16,460

Yoga with Jillian by Lia Romeo: In this immersive play yoga teacher Jillian plans to take the audience through an amazing, incredible, fantastic, one hour yoga journey. But the past couple of years...

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Yoga with Jillian by Lia Romeo: In this immersive play yoga teacher Jillian plans to take the audience through an amazing, incredible, fantastic, one hour yoga journey. But the past couple of years have been tough, am I right? As Jillian tries to teach again in our changed world, the shiny, happy yoga teacher attempts to keep the class, and herself, from completely imploding. In 2023, we took this show to 2 performances in Colorado, and then to the Endinburgh Fringe Festival in Scotland where it ran for 27 performances in 28 days in August 2023 at the Pleasance Courtyard. It featured Michole Biancosino and was Directed by Andrew Smith.

Program 3
Expenses: $11,138 Revenue: $0

Parent Caregiver Playwrights Group: This programming was to support a playwrights group who are also caregivers, as well. The creation of this group is an act of recognition that the demands on...

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Parent Caregiver Playwrights Group: This programming was to support a playwrights group who are also caregivers, as well. The creation of this group is an act of recognition that the demands on caregiver writers, especially during an unpredictable and ongoing pandemic, continue to hack away at our creative time and invisible and isolating ways. It is also a show of confidence that an artistic career does not have to be derailed by the demands of caregiving. We supported this group through rental of rehearsal space, stipends for each playwright, and 2 public readings of their new works. We seek to support parent playwrights in the creation and presentation of original work, and are committed to foregrounding diverse points of view from historically underrepresented voices.

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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 (2023)

Revenue Breakdown

Contributions & Grants $59,689
Program Service Revenue $21,685
Investment Income $0
Other Revenue $0
TOTAL REVENUE $81,374

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $505
Program Expenses $76,865
Other Expenses $79,674
TOTAL EXPENSES $79,674

Year-over-Year Comparison

2023 2022 Change
Revenue $81,374 $71,542 +0.1%
Expenses $79,674 $60,299 +0.3%
Net Income $1,700 $11,243 -0.8%
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
6
Independent Members
N/A
Employees
N/A
Volunteers
25

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
3
$4,250
Total Directors
6
$4,250
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alex Cranmer Director 0.50
Director
$0 $0 $0
Deepa Gupta Director 0.50
Director
$0 $0 $0
Andrew Smith Treasurer 30.00
Officer Director
$4,250 $0 $4,250
Michole Biancosino Secretary 30.00
Officer Director
$0 $0 $0
Louisa Ives Director 0.50
Director
$0 $0 $0
Tony Biancosino Board President 8.00
Officer 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
2024 No data No data No data No data
2023 $81,374 $79,674 $24,006 $1,700
2022 $71,542 $60,299 $22,306 $11,243
2021 $44,536 $37,338 $11,472 $7,198
2020 $27,443 $16,652 $3,855 $10,791
2019 $88,439 $80,768 $4,548 $7,671
2018 $80,480 $70,880 $5,873 $9,600
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