New York City Players Inc

Nonprofit profile at a glance

EIN
134087832
IRS 990 coverage
2013–2024
Forms available
Form 990 2024, Form 990-EZ 2020
Location
New York, NY, USA
Phone
2126001250
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Theater

Official website

Reported finances

Revenue
$273,815
Expenses
$294,854
Assets
$93,299
Liabilities
$7,469

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Brian Mendes (President)

Highest reported compensation

  • Richard Maxwell (Artistic Dir.): $91,985 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 New York City Players, Inc. is dedicated to developing, producing, touring and recording the works of Richard Maxwell.

What it reported doing in 2024

New York City Players had a robust year of programming in 2024 involving exciting new performance opportunities and collaborations. NYCPS Incoming Theater Divisions 2024 edition significantly expanded the scope and budget of the annual project with a production of Federico Garca Lorcas play LA CASA DE BERNARDA ALBA, directed by Richard Maxwell and performed in Spanish with English supertitles at a site specific excavated storefront in the Financial District of Manhattan. This project was made in partnership and collaboration with the visual artist Christopher Wool, who invited NYCP to use the ground floor of a building he leased in the Financial District for the venue of a show of his own sculptures, See Stop Run, on a different floor there. This opportunity to create a performance especially for the particulars of this raw storefront space coincided with ITDs desire to perform a classic. LA CASA DE BERNARDA ALBA resonated with ITDs mostly female and Spanish- speaking ensemble and the group decided it was best to perform the play in the original Spanish. The play had a sold out run of 10 performances in June of 2024. Also in June, NYCP held its annual Summer School workshop. Summer School is a week-long interdisciplinary training open to participants from all artistic disciplines using Richard Maxwells book on collaboration and performance, "Theater for Beginners" (TCG, 2015). After a hiatus due to the pandemic, the series returned in 2023. Maxwell has led the past two editions with Gillian Walsh at The Brick Aux space in Williamsburg. The 2024 edition was held for 10 participants from June 18th23rd. Summer School provides important access for a diverse group of participants to the companys artmaking process, expanding our NYCP community.In October, NYCP participated in the Toronto International RUTAS festival in staging Documents Perform | Documentos Actan, which invited remote participants to collectively hack and rewrite Canadas Joint Declaration on the Americas Partnership for Economic Prosperity to make it speak to the need for a blueprint that supports sustained artistic co-creation and collaboration in the Americas. The project was an international collaboration between NYCPs Incoming Theater Division, Hemispheric Encounters, and Aluna Theatre. At the conclusion of the performance, the new policy was read aloud in English and Spanish, ratified, and sent to the appropriate federal ministers, with the spectators as witness.Work on the final production of the season began in July with the residency and performances of BUILDINGS I&II (Formerly CODA). Our second collaboration with See Stop Run, BUILDINGS I&II, a two-part play, was staged and built for the 19th floor within Christopher Wools exhibition. Written and directed by Richard Maxwell, the project featured a cast of 8 performers, with 3 members for whom it was their first time performing on the stage. BUILDINGS I&II is the story of a large Irish American family whose patriarch has died leaving behind an asset in the form of an office tower. The play was a response to the exhibition See Stop Run, but it was also a response to the current Wall Street landscape (or commercial real estate everywhere), post pandemic. A landscape that is either mid-catastrophe or in the process of radical rebirth, depending on who you ask.The show had a sold-out run of 13 performances from September 19th October 6th.

Operating model

Revenue model
Donor-supported. 67% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 92
  • Accountability: 66
  • Sustainability: 21
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.7%; rating input score 89
  • Program expense ratio: 82.4%; rating input score 82
  • Fundraising efficiency: $33.49 raised per $1 spent on fundraising; rating input score 69; 69th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 85.7%; rating input score 86; 23rd percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -7.7%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 0.32; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 31.2%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: -0.4% per year; rating input score 0; 29th percentile among comparable filings
  • Revenue growth: -3% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: 3.8% per year; rating input score 100; 42nd percentile among comparable filings

Details

  • Where the money goes: 88.7% of revenue deployed · 82.4% of spending went to programs
  • Governance: 6 of 7 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $243K in reported program spending
  • Leadership: top reported pay $92K · 8 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 9 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 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.

  • Moderate — Accountability: Governance controls: 5 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 25/100.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.