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New York BBB Wise Giving Report for
Alliance of Resident Theatres/New York

A BBB Accredited charity

 


  • Meets all standards

Expiration Date:
10/2015
Name:
Alliance of Resident Theatres/New York
Address:
520 Eighth Avenue, 3rd Floor
Suite 319
New York, NY 10018
Phone:
212-244-6667
Year, State Incorporated:
1973, New York
Affiliates:
None
Stated Purpose:
" Established in 1972, the Alliance of Resident Theatres/New York is the leading service and advocacy organization for New York City's nonprofit theatres. Our mission is “to assist member theatres in managing their companies effectively so they may realize their rich artistic visions and serve their diverse audiences well.” A.R.T./New York has earned a reputation as a leader in providing progressive services—from shared office and rehearsal spaces, to one of the nation’s only revolving loan funds for real estate, to leadership development programs for emerging theatres—which have made us an expert in the needs of the nonprofit theatre community. In recognition of our substantial history of field leadership, innovation, and public service, A.R.T./New York has been honored with several awards, most recently a 2008 New York City Mayor's Award for Arts & Culture and a 2010 Tony Award for Excellence in the Theatre. "






Evaluation Conclusions
 

              
Alliance of Resident Theatres/New York meets the 20 Standards for Charity Accountability.




Programs
 

              
A.R.T./New York integrates thought leadership and a decades-long track record of successfully spearheading major change initiatives with comprehensive “boots on the ground” direct services that support nonprofit theatres’ daily financial, artistic, and administrative needs. Our current core programs include: -Re-granting initiatives that provide free studio space as well as operating and production support; Real estate and emergency cash flow loan programs that bridge funding gaps for members undertaking capital projects or awaiting payment of grants or box office income; Affordable office and studio facilities that provide shared amenities and private working space in Manhattan and Brooklyn; Field research and advocacy projects; and Leadership development and capacity-building programs that offer best practices training and one-on-one strategic planning with top arts consultants at no cost.



Governance
 

              
Chief Executive Officer:
Ms. Virginia P. Louloudes, Executive Director
Compensation*:
$204,469
Chair of the Board:
Mr. Jeffrey R. Gural
Chair's Profession / Business Affiliation:
Chairman of Newmark Grubb Knight Frank
Board Size:
27
Paid Staff Size:
24



*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.




Fund Raising
 

              
Method(s) Used:


Direct mail appeals, invitations to fund raising events, grant proposals, internet
Fund raising costs were 31.9% of related contributions. (Related contributions, which totaled $1,111,569, are donations received as a result of fund raising activities.)




Tax Status
 

              
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.




Financial
 

              
The following information is based on A.R.T./New York's Audited Financial Statements for the fiscal year ended June 30, 2012.

Source of Funds  

Capital Additions

$1,658,113

Rental Income

1,148,074

Foundation

468,212

Government

306,122

Fundraising benefits

214,351

Changes in Loan Loss Reserves

165,000

Reimbursed Tenant Expense

157,280

Membership Dues

91,678

Individuals

72,878

Loan Interest

52,444

Corporations

45,820

Donated Services

41,936

Equity in Net income

28,478

Miscellaneous Income

7,051

Less: Direct cost of Fund Raising

(37,750)

Total Income

$4,419,687

Program Expenses  

Spaces at 520

$1,277,208

South Oxford space

382,089

Member Services

174,999

Advocacy services

138,174

Fund for small Theatres

110,776

Workshops and Roundtable

110,483

Theatre Leadership Program

92,413

Nancy Quinn Fund Grants

69,767

New York Theatre Network and web projects

68,029

Bel Geddes Grant Program

64,276

Theatres for the 21st Century

39,261

Loan funds

28,113

Creative space designs

17,214

Intern Fair

8,322
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

2,581,124
354,542
239,593

$3,175,259

$1,244,428




Uses of Funds as a % of Total Expenses


Programs: 81%  Fund Raising: 11%  Administrative 8% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $6,400,891
Ending net assets 7,645,319
Total liabilities 1,767,960

Total assets

$9,413,279






 

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