American Story Project Theater Company Inc
Nonprofit profile at a glance
- EIN
- 743174596
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2018
- Location
- New York, NY, USA
- Phone
- 9149074041
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $38,952
- Expenses
- $22,451
- Assets
- $17,962
- Liabilities
- $27,014
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
People named in this filing
- Jess Chayes (Co Artistic Director)
- Stephen Aubrey (Co-Artistic Director)
- Ben Beckley (Co-Artistic Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Theater Production Development and Performance
What it reported doing in 2024
Deceleration Lab - Two artists groups receive a budget and guidance for early-stage work based in collaboration and devising with administrative and mentorship support of The Assembly. In 2024 Lab recipients Minna Lee, selected for her project MEMORY BEAR and Lillian White with Erin Amlick, was selected for their piece THE MAN WHO WAS THURSDAY. In December 2024, Erin and Lillian gave a a process and video showing of the productions and discoveries to date that included performances and events surrounding the piece in Peru and the US. They aim to produce THE MAN WHO WAS THURSDAY in the United states in 2026. Minna Lee's lab culminated in a storefront visiting experience in Brooklyn in October 2024.
Operating model
- Revenue model
- Donor-supported. 94% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 37
- Transparency & Controls: 100
- Sustainability: 55
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 29.2%; rating input score 29
- Program expense ratio: 50.6%; rating input score 51
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 42.4%; rating input score 88; 88th percentile among comparable filings
- Total-asset coverage ratio: 0.8; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: 1.5; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 16%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: 8.6% per year; rating input score 100; 69th percentile among comparable filings
- Revenue growth: -0.8% per year; rating input score 0; 48th percentile among comparable filings
- Asset growth: 4% per year; rating input score 100; 54th percentile among comparable filings
Details
- Where the money goes: 29.2% of revenue deployed · 50.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $11K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 29/100.
- Review — Financial Efficiency: Program expense ratio scored 51/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.
- High — Sustainability: Officer compensation ratio scored 8/100.