Golden Thread Productions

EIN: 753009451 501(c)(3) Arts, Culture & Humanities

San Francisco, CA

Total Revenue
$491,217
Total Expenses
$665,679
Total Assets
$705,389
Net Assets
$644,465
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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
CA
Principal Officer
Sahar Assaf
Phone
4156264061
Tax Period
2023-01-01 to 2023-12-31

Golden Thread Productions, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $491K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $666K exceeded revenue, resulting in a 36% operating deficit.

Mission

Golden Thread Productions mission is to produce passionate and provocative playsfrom or about the Middle East including its global diaspora - that celebrate themultiplicity of its perspectives and identities while serving as a developmentalcatalyst and vibrant artistic home to artists at various stages of their career.Golden Thread brings the Middle East to the American stage, creating treasuredcultural experiences for audiences of all ages and backgrounds.

Program Service Accomplishments

Program 1
Expenses: $245,940 Revenue: $97,252

REORIENT FESTIVAL AND FORUM (ReOrient) The ReOrient Festival of Short Plays was inaugurated in 1999 to present alternative perspectives of the Middle East and to showcase the multiplicity of stories...

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REORIENT FESTIVAL AND FORUM (ReOrient) The ReOrient Festival of Short Plays was inaugurated in 1999 to present alternative perspectives of the Middle East and to showcase the multiplicity of stories, voices and styles from the region and has since becomes Golden Threads most recognized and celebrated program. This ambitious festival, now presented biennially, turns San Francisco into a Mecca for innovative, spirited, and thought-provoking theatre from and about the Middle East. It has served as a springboard for the careers of top Middle Eastern-American playwrights such as Yussef El Guindi, Torange Yeghiazarian, and Betty Shamieh, and has introduced Bay Area audiences to significant and rarely-produced dramatic works from the Middle East by authors such as Sadegh Hedayat, Fatma Gallaire, and Tawfiq AlHakim. Alongside Middle Eastern voices, ReOrient also features the work of nonMiddle Eastern playwrights, and has included premieres by distinguished American playwrights such as Naomi Wallace, Eric Ehn and Israel Horovitz. Since 2009, in celebration of the tenth anniversary of the festival, Golden Thread has organized the ReOrient Forum, a weekend-long convening in San Francisco aimed at expanding the dialogue on theatre, the Middle East, and current hot topics that illuminate the regions relationship with the US.

Program 2
Expenses: $77,176 Revenue: $14,470

FULL-LENGTH PLAYS AND NEW PLAY DEVELOPMENT (Mainstage and New Threads) In addition to the production of full length plays, Golden Thread ensures the discovery and development of new playwrights and...

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FULL-LENGTH PLAYS AND NEW PLAY DEVELOPMENT (Mainstage and New Threads) In addition to the production of full length plays, Golden Thread ensures the discovery and development of new playwrights and plays through three distinct programs. Middle East America (MEA): a National New Plays Initiative, created in partnership with the Lark Play Development Center (New York City) and Silk Road Rising (Chicago) is designed to help create a pipeline of high quality plays by Middle Eastern American playwrights. MEA winners receive a $10,000 commission and two years of development with possibility of productions in Chicago and San Francisco. Award winners include Adriana Sevahn Nichols (2008), Yussef El Guindi (2011), and Mona Mansour (2014). New Threads: an annual staged reading and workshop series that engages its audience in the process of playmaking and allows writers of Middle Eastern and non-Middle Eastern descent an authentic and supportive space to develop work about the Middle East. Many of the New Threads plays continue on to receive main stage productions. Kimia/Alchemy: programs that facilitate multiyear collaborations that explore rare themes and/or bring together unlikely creative partners. For example, BENEDICTUS (2007) was an international collaboration among Iranian, Israeli and American artists to create a play exploring the political stalemate among the three nations. ECSTASY | A WATERFABLE (2008) was a commission to Egyptian-American writer Denmo Ibrahim to create an ensemble generated performance inspired by a Sufi fable.

Program 3
Expenses: $76,398 Revenue: $11,810

YOUTH OUTREACH (Fairytale Players) A portion of Golden Threads programming engages and educates youth and family audiences about the Middle East. The company addresses the parallel needs of Middle...

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YOUTH OUTREACH (Fairytale Players) A portion of Golden Threads programming engages and educates youth and family audiences about the Middle East. The company addresses the parallel needs of Middle Eastern youth and families for self-affirming performing arts programming and the broad communitys need for a deeper understanding of the Middle East in its rich diversity. Golden Thread Fairytale Players create and tour original productions based on Middle Eastern fables and childrens stories. Inspired by popular performance traditions in the Middle East, the performances employ epic storytelling, physical theatre and circus arts techniques and tour schools, libraries, and festivals around the Bay Area. Current repertoire includes THE GIRL WHO LOST HER SMILE, THE PRINCESS AND THE MIRROR, NASRUDINS MAGNIFICENT JOURNEY TO SAMARKAND, 21 DAYS THAT CHANGE THE YEAR, and LEILAS QUEST FOR FLIGHT.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $437,776
Program Service Revenue $48,421
Investment Income $0
Other Revenue $5,020
TOTAL REVENUE $491,217

Expense Breakdown

Grants Paid $0
Salaries & Benefits $386,336
Fundraising Expenses $38,293
Program Expenses $448,840
Other Expenses $279,343
TOTAL EXPENSES $665,679

Year-over-Year Comparison

2023 2022 Change
Revenue $491,217 $664,559 -0.3%
Expenses $665,679 $611,606 +0.1%
Net Income $-174,462 $52,953 -4.3%
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
9
Independent Members
8
Employees
15
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
4
$72,181
Total Directors
9
$72,181
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sahar Assaf Exec Artist Dir 40.00
Officer Director
$72,181 $0 $72,181
Nora El Samahy Secretary 1.00
Officer Director
$0 $0 $0
John Atwood Director 1.00
Director
$0 $0 $0
Humaira Ghilzai Director 1.00
Director
$0 $0 $0
May Allam Treasurer 1.00
Officer Director
$0 $0 $0
Murrey Nelson Director 1.00
Director
$0 $0 $0
Rita Hovakimian Director 1.00
Director
$0 $0 $0
Babak Sani President 1.00
Officer Director
$0 $0 $0
Nancy Chemaly 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
2024 No data No data No data No data
2023 $491,217 $665,679 $705,389 $-174,462
2022 $664,559 $611,606 $916,129 $52,953
2021 $548,500 $347,761 $771,709 $200,739
2020 $812,960 $331,432 $606,534 $481,528
2019 $554,442 $482,017 $92,107 $72,425
2018 $381,076 $380,513 $40,885 $563
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