New York Theatre Workshop

Legal name: New York Theatre Workshop Inc

Nonprofit profile at a glance

EIN
133131491
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
212-460-5475
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Theater

Official website

Reported finances

Revenue
$11,293,864
Expenses
$11,175,322
Assets
$14,705,848
Liabilities
$1,598,267

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

Leadership & pay

32 people listed

Executive titles in this filing

  • Jaye Chen (PRESIDENT)
  • Jolie Schwab (Vice President)

Highest reported compensation

  • Patricia McGregor (ARTISTIC DIRECTOR): $205,975 total reported compensation
  • Megan Marshall (Dir. of Internal Operations): $161,658 total reported compensation
  • Evan O'Brient (Producer): $158,241 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Illuminating our world through theatre

What it reported doing in 2024

Our 24/25 mainstage season showcased four new powerful and thought-provoking plays. Over the course of the season, we produced "WE LIVE IN CAIRO", by the Lazours, "A KNOCK ON THE ROOF" by Khawla Ibraheem, "BECOMING EVE" by Emil Weinstein, and "LIGHTS OUT: NAT "KING" COLE" by Colman Domingo and Patricia McGregor. Over 218 live performances we welcomed 29,037 audience members. In tandem with our productions, our Artist Workshop Programs provided support to over 400 artists and supported 60 projects at various stages of development through a variety of initiatives. These included our Dorothy Strelsin Mondays @ 3 Readings, Summer Residencies at Dartmouth College and Adelphi University, Jonathan Larson developmental Labs, and play commissions. We also continued to support five emerging theater companies through our Companies-in-Residence program, offering them administrative resources, fiscal sponsorship, artistic feedback, professional mentorship, performance opportunities, and rehearsal space, as needed. NYTW also looked to the future of theatre, reaching nearly 2,000 people annually through our wrap-around Education Programs, which included Learning Workshop, our in-school residencies for six NYC public schools, Mind the Gap, an intergenerational playwriting program for elders (60+) and teens (ages 14-19), Youth Artistic Instigators, an afterschool program for empowering teenagers to create activist theatre, and our administrative fellowship and training program dedicated to diversifying and empowering theatre practitioners and administrative workers. Guided by a desire to build authentic relationships with hyper-local communities, we invite audiences to not only witness our work, but to engage in dialogue and celebration with us through For the Culture (FTC). FTC reached 2,145 individuals last year. Also focused on increasing our access, our Cheaptix program offers $25 tickets to seniors, young adults, Lower East Side and East Village residents, and artists. So far this season, the program has allowed us to subsidize $14,675 worth of tickets and welcome over 721 audience members from our local community.

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

SUPPORTED - 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: 75
  • Transparency & Controls: 74
  • Accountability: 98
  • Sustainability: 44
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.3%; rating input score 81
  • Program expense ratio: 81.5%; rating input score 82
  • Fundraising efficiency: $6.42 raised per $1 spent on fundraising; rating input score 26; 26th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • 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: 96.3%; rating input score 96; 30th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: 1%; rating input score 38; 38th percentile among comparable filings
  • Total-asset coverage ratio: 1.32; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: 0.11; rating input score 72; 72nd percentile among comparable filings
  • Officer compensation ratio: 7%; rating input score 36; 36th percentile among comparable filings

Growth

  • Program expense growth: 6.4% per year; rating input score 100; 52nd percentile among comparable filings
  • Revenue growth: 5.3% per year; rating input score 100; 46th percentile among comparable filings
  • Asset growth: 6.3% per year; rating input score 100; 44th percentile among comparable filings

Details

  • What they do: 3 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 81.3% of revenue deployed · 81.5% of spending went to programs
  • Governance: 26 of 27 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $9.1M in reported program spending
  • Leadership: top reported pay $206K · 32 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $192K reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 7 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: 5 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 26/100.
  • Moderate — Sustainability: Operating margin scored 38/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • Moderate — Sustainability: Officer compensation ratio scored 36/100.