New York Theatre Workshop Inc
New York Theatre Workshop Inc. shows strong asset growth and zero officer compensation despite recent operating deficit.
EIN: 133131491 · New York, NY · NTEE: A650 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.2M |
| Total Expenses | $10.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $14 |
| Net Assets | $14.6M |
| Transparency Score | 90/100 |
Is New York Theatre Workshop Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York Theatre Workshop Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York Theatre Workshop Inc
New York Theatre Workshop Inc (EIN: 133131491) is a nonprofit organization based in New York, NY, classified under NTEE code A650. The organization reported total revenue of $9.2M and total assets of $14.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Theatre Workshop Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York Theatre Workshop Inc is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.2M |
| Total Expenses | $10.0M |
| Surplus / Deficit | $-789,222 |
| Total Assets | $15.5M |
| Total Liabilities | $884K |
| Net Assets | $14.6M |
| Operating Margin | -8.6% |
| Debt-to-Asset Ratio | 5.7% |
| Months of Reserves | 18.6 months |
Financial Health Grade: B
In 2023, New York Theatre Workshop Inc reported a deficit of $789K with expenses exceeding revenue, holds 18.6 months of operating reserves (strong position), has a debt-to-asset ratio of 5.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York Theatre Workshop Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.5% | +20.2% | -8.9% |
| 2022 | +76.3% | +68.9% | +22.2% |
| 2021 | -19.9% | -38.1% | +23.5% |
| 2020 | +29.5% | +15.0% | +17.1% |
| 2019 | +14.3% | +10.3% | -5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New York Theatre Workshop Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, New York Theatre Workshop Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $789K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation directly from the organization, which is highly unusual for an organization of its size with assets exceeding $14 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of New York Theatre Workshop Inc's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size is unusual and may warrant further investigation into how leadership is compensated or if it's reported differently.
Strengths
The following positive indicators were identified for New York Theatre Workshop Inc:
- Strong asset growth, nearly doubling from $8.4 million in 2014 to $15.4 million in 2023, indicates sound financial management.
- Consistent reporting of 0% officer compensation suggests a strong focus on mission and efficient use of funds.
- Healthy balance sheet with relatively low liabilities compared to assets, indicating low financial risk.
- Long history of IRS 990 filings (13 periods) demonstrates commitment to transparency and compliance.
- Significant revenue generation, with latest revenue at $9.2 million, supporting substantial operations.
Frequently Asked Questions about New York Theatre Workshop Inc
Is New York Theatre Workshop Inc a legitimate charity?
New York Theatre Workshop Inc (EIN: 133131491) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $9.2M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does New York Theatre Workshop Inc spend its money?
New York Theatre Workshop Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New York Theatre Workshop Inc tax-deductible?
New York Theatre Workshop Inc is registered as a tax-exempt nonprofit (EIN: 133131491). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New York Theatre Workshop Inc CEO make?
New York Theatre Workshop Inc's highest-compensated officer earns $14 annually. The organization reported $9.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New York Theatre Workshop Inc's spending goes to programs?
New York Theatre Workshop Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New York Theatre Workshop Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), New York Theatre Workshop Inc is above average for NTEE category A650 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New York Theatre Workshop Inc located?
New York Theatre Workshop Inc is headquartered in New York, New York and files with the IRS under EIN 133131491. It is classified under NTEE code A650.
How many years of IRS 990 filings does New York Theatre Workshop Inc have?
New York Theatre Workshop Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $9.2M in total revenue.
How does New York Theatre Workshop Inc. manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization of this size. It could indicate that officers are compensated by a related entity, are volunteers, or that compensation is reported under a different category not explicitly labeled as 'officer compensation' on the 990 summary, though the latter is less likely for direct compensation.
What caused the significant revenue increase in 2022 to $12.3 million?
The 2022 revenue of $12,304,628 was significantly higher than previous years. This could be due to a major fundraising campaign, a large grant, a successful production, or a one-time donation. Further investigation into the 2022 990 filing's revenue breakdown would be needed to identify the specific source.
Why did expenses exceed revenue in 2023 by nearly $800,000?
In 2023, expenses of $9,956,782 exceeded revenue of $9,167,560. This deficit could be a result of increased program costs, strategic investments, or a temporary dip in fundraising. Given the strong asset base of $15.4 million, this single-year deficit does not immediately suggest financial distress but warrants monitoring.
Filing History
IRS 990 filing history for New York Theatre Workshop Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York Theatre Workshop Inc's revenue has grown by 30.1%, moving from $7.0M to $9.2M. Total assets increased by 134.7% over the same period, from $6.6M to $15.5M. Total functional expenses rose by 130.7%, from $4.3M to $10.0M. In its most recent filing year (2023), New York Theatre Workshop Inc reported a deficit of $789K, with expenses exceeding revenue. The organization holds $884K in liabilities against $15.5M in assets (debt-to-asset ratio: 5.7%), resulting in net assets of $14.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.2M | $10.0M | $15.5M | $884K | — | — |
| 2022 | $12.3M | $8.3M | $17.0M | $1.0M | — | View 990 |
| 2021 | $7.0M | $4.9M | $13.9M | $1.9M | — | — |
| 2020 | $8.7M | $7.9M | $11.3M | $1.4M | — | View 990 |
| 2019 | $6.7M | $6.9M | $9.6M | $524K | — | View 990 |
| 2018 | $5.9M | $6.2M | $10.2M | $942K | — | View 990 |
| 2017 | $7.2M | $6.3M | $10.3M | $644K | — | — |
| 2016 | $7.0M | $6.6M | $9.7M | $946K | — | View 990 |
| 2015 | $4.8M | $4.5M | $9.0M | $770K | — | View 990 |
| 2014 | $6.0M | $6.1M | $8.5M | $481K | — | View 990 |
| 2013 | $5.4M | $4.4M | $8.8M | $699K | — | View 990 |
| 2012 | $5.7M | $4.5M | $8.3M | $1.1M | — | View 990 |
| 2011 | $7.0M | $4.3M | $6.6M | $568K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.2M, expenses of $10.0M, and assets of $15.5M (revenue -25.5% year-over-year).
- 2022: Revenue of $12.3M, expenses of $8.3M, and assets of $17.0M (revenue +76.3% year-over-year).
- 2021: Revenue of $7.0M, expenses of $4.9M, and assets of $13.9M (revenue -19.9% year-over-year).
- 2020: Revenue of $8.7M, expenses of $7.9M, and assets of $11.3M (revenue +29.5% year-over-year).
- 2019: Revenue of $6.7M, expenses of $6.9M, and assets of $9.6M (revenue +14.3% year-over-year).
- 2018: Revenue of $5.9M, expenses of $6.2M, and assets of $10.2M (revenue -17.7% year-over-year).
- 2017: Revenue of $7.2M, expenses of $6.3M, and assets of $10.3M (revenue +2.2% year-over-year).
- 2016: Revenue of $7.0M, expenses of $6.6M, and assets of $9.7M (revenue +45.5% year-over-year).
- 2015: Revenue of $4.8M, expenses of $4.5M, and assets of $9.0M (revenue -20.0% year-over-year).
- 2014: Revenue of $6.0M, expenses of $6.1M, and assets of $8.5M (revenue +12.2% year-over-year).
- 2013: Revenue of $5.4M, expenses of $4.4M, and assets of $8.8M (revenue -5.2% year-over-year).
- 2012: Revenue of $5.7M, expenses of $4.5M, and assets of $8.3M (revenue -19.8% year-over-year).
- 2011: Revenue of $7.0M, expenses of $4.3M, and assets of $6.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York Theatre Workshop Inc:
Data Sources and Methodology
This transparency report for New York Theatre Workshop Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.