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Atlantic Theater Company

New York, NY · EIN 13-3218253 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending August 31, 2025 (tax year 2024) · View the filing · Correct or respond

Atlantic Theater Company reported $13.1 million in revenue and $12.0 million in expenses for the fiscal year ending August 31, 2025. Of every $100 it spent, $87.41 went to program services, $7.38 to management and general costs and $5.21 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 55.5% of the total. The highest compensation it reported for one person was $482,590 (Managing Director). 10 people received more than $100,000 in reportable compensation. Revenue rose 27% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending August 31, 2025 · Form 990, Part IX, line 25 · total expenses $12M

For context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending August 31, 2025 · Form 990, Part VIII · total revenue $13M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 876 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
87.4%78.5%
Management & general
Part IX 25(C) ÷ 25(A)
7.4%13.6%
Fundraising
Part IX 25(D) ÷ 25(A)
5.2%6.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.14$0.10
Contributions & grants share of revenue
Part VIII 1h ÷ 12
34.7%57.5%
Government grants share of revenue
Part VIII 1e ÷ 12
1.5%1.7%
Program service revenue share
Part VIII 2g ÷ 12
55.5%20.8%
Highest reported compensation
Part VII-A, columns D–F
$482,590$385,706
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
4.02%2.03%
People paid over $100,000
Part VII, line 2
108
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
13.636.6
Independent voting board members
Part VI 1a–1b
24 of 25100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$5.5M expenses · 52.1% of program spending · revenue $6.2M

Since our inception, atlantic has been training young people in the theater at atlantic acting school, where we equip our students with the physical, emotional, and analytical tools of acting to discover their truths and prepare them for success beyond our doors. Each year, we offer an accredited conservatory program, a bfa program operated through new york university, and afterschool and summer programs for children and teenagers from across the city. We're also serving over 3,500 nyc public school students through various arts education programs. In staging success, atlantic partners with…

$4.9M expenses · 46.9% of program spending · revenue $1.3M

At Atlantic Theater Company, we're an award-winning producer, premiering works by intrepid playwrights like annie baker, lucas hnath, and sanaz toossi as well as critically acclaimed musicals such as "the band's visit", "kimberly akimbo"buena vista social club". As part of this work, each season we serve almost 50,000 patrons and artists and produce four productions at the company's two theater spaces in the chelsea neighborhood of manhattan: the 199-seat linda gross theater on west 20th street and the 99-seat stage 2 theater on west 16th street. Productions programmed in our 2024-25 season…

$102K expenses · 1.0% of program spending · revenue $42,609

Studio and theater spaces, when not being used for Atlantic programs, are available to rent. Atlantic offers space at scaled prices to help our school alumni build their artistic ensembles, to help other theater education organizations address social issues with theater, and to provide young or up-and-coming non-profit theater companies with the opportunity to bring their work to the New York City audience. Miscellaneous other income is received for various program-related activities

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Managing Director
Officer, 40.0 hrs/week
$268,175$0$214,415$482,590
ARTISTIC DIRECTOR
Officer, 40.0 hrs/week
$249,427$0$194,119$443,546
DIRECTOR/SCHOOL EXEC DIR.
Director/trustee, officer, 40.0 hrs/week
$215,895$0$217,998$433,893
DIR OF EDUC AND RECRUITMENT
Highest compensated employee, 40.0 hrs/week
$130,370$0$12,809$143,179
Dir. of Conservatory Training
Highest compensated employee, 40.0 hrs/week
$113,142$0$12,809$125,951
BOARD MEMBER/FACULTY
Director/trustee, 1.0 hrs/week
$12,084$0$0$12,084

10 people received more than $100,000 in reportable compensation from Atlantic Theater Company (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.3M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$13M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$13M$12M87.4%$14M$482,590
FY2024 ⓘ$17M$16M87.2%$13M$417,777
FY2023 ⓘ$17M$15M91.3%$11M$365,349
FY2022 ⓘ$19M$15M90.2%$9.7M$359,625
FY2021 ⓘ$8.4M$7.8M80.5%$5.6M$354,688
FY2020 ⓘ$10M$12M88.3%$5.0M$291,336

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b25 · 24 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5508
  • Volunteers Part I, line 6400

Private foundation grants it received

52 private foundations reported grants to Atlantic Theater Company totaling $1.3M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Atlantic Theater Company's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Atlantic Theater Company, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All arts, culture & humanities charities · Largest charities in New York

Questions people ask

How much of Atlantic Theater Company's spending goes to programs?

In the fiscal year ending August 31, 2025, Atlantic Theater Company reported that 87.4% of its $12.0 million in expenses went to program services, 7.4% to management and general and 5.2% to fundraising (Form 990, Part IX).

How much does Atlantic Theater Company pay its top executive?

The largest total compensation Atlantic Theater Company reported for one person in the fiscal year ending August 31, 2025 was $482,590, for the role of Managing Director (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Atlantic Theater Company get its money?

Of $13.1 million in revenue in the fiscal year ending August 31, 2025, 34.7% came from contributions and grants (including 1.5% from government grants) and 55.5% from program service revenue (Form 990, Part VIII).

Is Atlantic Theater Company a registered charity?

The IRS lists EIN 13-3218253 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending August 31, 2025, object 202611899349301701 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending August 31, 2024, object 202511889349300431 · read the filing
  • FY2023: Form 990 for the fiscal year ending August 31, 2023, object 202401909349300425 · read the filing
  • FY2022: Form 990 for the fiscal year ending August 31, 2022, object 202341889349301304 · read the filing
  • FY2021: Form 990 for the fiscal year ending August 31, 2021, object 202231679349300448 · read the filing
  • FY2020: Form 990 for the fiscal year ending August 31, 2020, object 202141549349300309 · read the filing

All filings for EIN 13-3218253: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.