New York City Center Inc
Nonprofit profile at a glance
- EIN
- 132867442
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- New York, NY, USA
- Phone
- 2122470430
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Performing Arts Centers
Reported finances
- Revenue
- $31,018,533
- Expenses
- $32,029,298
- Assets
- $77,849,767
- Liabilities
- $4,880,008
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
46 people listed
Executive titles in this filing
- MICHAEL ROSENBERG (PRESIDENT AND CEO)
Highest reported compensation
- MICHAEL ROSENBERG (PRESIDENT AND CEO): $485,062 total reported compensation
- EVAN VORONO (STAGEHAND): $454,458 total reported compensation
- JUSTIN MALONE (STAGEHAND): $388,318 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of New York city center is to be New York city's leading center for dance and musical theater. Dedicated to making the arts accessible to the broadest possible audience, city center seeks to create a welcoming environment and engage audiences with inspiring programming that reflects the eclecticism, energy, and spirit of New York city.
What it reported doing in 2024
Productions and programmingcity center's 2024-2025 season opened with the fall for dance festival, one of our flagship programs that has launched the season for over 20 years. Renowned for its diverse programming and affordable $30 tickets, fall for dance brings together top dance companies from New York city, across the u.s., and around the world, attracting a broad audience while nurturing new dance lovers. The festival also continues to drive innovation through its commissioning program, which has produced 52 world premieres, 56 u.s. Premieres, and 64 New York city premieres to date. This year's fall for dance included performances by national ballet of ukraine (ukraine), boston ballet, knoname artist roderick george, anne plamondon productions (canada), m.a.d.d. Rhythms, canada's royal winnipeg ballet (canada), a.i.m. By kyle abraham, ccn/aterballetto (italy), dutch national ballet (netherlands), sara mearns and tyler angle, cassandra trenary, and gandini juggling (united kingdom). This year's festival included two world premieres, two us premieres, and four New York premieres, as well as two city center commissions. In program one, american ballet theater's aran bell took the stage to perform piano songs, a city center co-commission (with the vail dance festival) for acclaimed dancer tiler peck. The second, the specter of the rose, choreographed by american ballet theater dancer herman cornejo, who performed the duet with fellow abt dancer skylar brandt.city center's fall dance season also included a presentation of dorrance dance. This holiday-themed double bill featured performances of an ella'quent holiday swing (built around the music of ella fitzgerald and frank devol) and the nutcracker suite (from the duke ellington-billy strayhorn rendition of tchaikovsky's famous ballet) performed by a corps of tap dancers. A jazzy and colorful production, this presentation of dorrance dance represented a deeper foray into family-centric programming for city center, including two special "family matinee"performances with assorted pre-show activities for young people organized by our education and community engagement department.the spring dance season began with the return of the flamenco festival, a city center staple for over two decades. It featured performances by national ballet of spain, olga pericet, and gala flamenca, each of which demonstrated virtuosic talent in varying styles. Another highlight of the spring season included twyla tharps dance diamond jubilee, with two New York premieres that highlight the inimitable artistry and sense of playfulness that has defined her legendary career. The dance season concluded with the latest iteration of our artists at the center series, which gives highly accomplished dancers the opportunity to curate a dance program that speaks to their unique aesthetics. This year highlighted sara mearns, the highly lauded New York city ballet principal. Her program featured two world premiere city center commissions: don't go home and dance is a mother.mainstage musical theater productions: city center produced a highly anticipated revival of ragtime for its annual gala presentation this season. Featuring a score by stephen flaherty and lynne ahrens and a book by terrance mcnally, ragtime is an epic musical examination of class, race, and identity in turn-of-the-century New York. Our star-studded production featured broadway luminaries such as joshua henry, caissie levy, and brandon uranowitz and was directed by outgoing encores! Artistic director lear debessonet. Hailed as both "exhilarating and "moving" by jessie green in the New York times, this production was a smash hit, drawing in audiences with outstanding performances and genuine pathos. Its success led to a broadway transfer to lincoln center theater, which opened in november 2025 and is set to close in june 2026.the 2025 encores! Season curated by artistic director lear debessonet, creative director clint ramos, music director mary-m
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 84
- Accountability: 98
- Sustainability: 40
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.4%; rating input score 81
- Program expense ratio: 78%; rating input score 78
- Fundraising efficiency: $4 raised per $1 spent on fundraising; rating input score 16; 16th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 97%; rating input score 97; 31st percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -3.3%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 2.43; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 13.2%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 2.7% per year; rating input score 100; 23rd percentile among comparable filings
- Revenue growth: 2.8% per year; rating input score 100; 24th percentile among comparable filings
- Asset growth: 5% per year; rating input score 100; 35th percentile among comparable filings
Details
- Where the money goes: 81.4% of revenue deployed · 78% of spending went to programs
- Governance: 32 of 33 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $25M in reported program spending
- Leadership: top reported pay $485K · 46 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $304K reported
- Consistency: 39 of 39 current checks pass
- Schedules: 8 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 13 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: Fundraising efficiency scored 16/100.
- High — Sustainability: Operating margin scored 20/100.
- High — Sustainability: Officer compensation ratio scored 11/100.