New Music Theatre Project Inc
Nonprofit profile at a glance
- EIN
- 471833118
- IRS 990-EZ coverage
- 2017–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2017
- Location
- Long Island City, NY, USA
- Phone
- 9173009248
- Rating
- 96
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Theater
Reported finances
- Revenue
- $96,836
- Expenses
- $101,421
- Assets
- $9,447
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- CHRIS DIEMAN (PRESIDENT)
People named in this filing
- KATHRYN GIAIMO (CHAIR)
- GUY LAWRENCE (TREASURER)
- JOAN L FISHER (SECRETARY)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
New music theatre project is organized for the cultural purpose of developing new work that explores the traditional and innovative ways in which music and theatre play together. We focus on commissioning and co- producing new works of music and theatre that are steeped in artistry and originality.
What it reported doing in 2025
Public performances: multiple performances of new work took place in New York city. In particular, new work and artists were highlighted at the panettone festival in long island city queens.
Operating model
- Revenue model
- Donor-supported. 98% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 27
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -4.7%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 0.09; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 33.1% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 5.7% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: 12.7% per year; rating input score 100; 75th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $101K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2017 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Moderate — Sustainability: Operating margin scored 35/100.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.