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World Trade Center Performing Arts Center
Also known as Ronald O Perelman Center for the Performing Arts
World Trade Center Performing Arts Center reported $33.2 million in revenue and $79.4 million in expenses for calendar year 2024. Of every $100 it spent, $83.03 went to program services, $12.53 to management and general costs and $4.44 to fundraising. Its largest source of revenue was contributions and grants: 67.1% of the total. The highest compensation it reported for one person was $1,212,589 (ARTISTIC DIRECTOR). 29 people received more than $100,000 in reportable compensation. Revenue fell 79% between 2019 and 2024. Source: Form 990, FY2025 (6 mo.).
Where $100 of spending went
The 6-month short period ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $79MFor 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 6-month short period ending June 30, 2025 · Form 990, Part VIII · total revenue $33MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 83.0% | 78.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 12.5% | 13.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 4.4% | 6.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.16 | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 67.1% | 57.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.1% | 1.7% |
| Program service revenue share Part VIII 2g ÷ 12 | 20.1% | 20.8% |
| Highest reported compensation Part VII-A, columns D–F | $1,212,589 | $385,706 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.53% | 2.03% |
| People paid over $100,000 Part VII, line 2 | 29 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 73.6 | 36.6 |
| Independent voting board members Part VI 1a–1b | 33 of 34 | 100.0% |
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 (6 mo.) · Form 990, Part III · the three largest programs by expenseArtistic and program:artistic director bill rauch and the producing team offered a rich and diverse program of live performances as part of the perelman Performing Arts Center's second season. The season welcomed new yorkers and visitors from all 50 states and showcased artists across disciplines while laying the groundwork for future programming
Lobby stage:as part of our mission to cultivate bonds between extraordinary artists and community and provide public access to the arts, perelman Performing Arts Center (pac nyc) provides free entertainment on the vartan and clare gregorian stage in the pac nyc lobby. Performances on our lobby stage are free and open to the public. In 2024 we had over 150 free programs including music, spoken word, dance, and multi-generational and family programming. Pac nyc collaborates with diverse curators who work with artists from around nyc and the world to program the lobby stage. We also work with…
Civic engagement & future programming:pac nyc is strengthening our ties to a variety of communities through ongoing partnerships with our four anchor alliances: borough of manhattan community college, center for independence of the disabled, ny immigrant coalition, the interfaith center, and our foundational alliance, the lenape center. Our artistic and producing teams are developing future seasons of multidisciplinary programming through commissions and workshops. In january 2024, in partnership with the civis foundation, we launched the democracy cycle, a multi-year commissioning program…
Highest reported compensation
FY2025 (6 mo.) · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| ARTISTIC DIRECTOR Key employee, 40.00 hrs/week | $1,146,840 | $0 | $65,749 | $1,212,589 |
| EXECUTIVE DIRECTOR Officer, 40.00 hrs/week | $938,811 | $0 | $41,133 | $979,944 |
| VP OF CONSTRUCTION Key employee, 40.00 hrs/week | $622,420 | $0 | $72,479 | $694,899 |
| OF CONSTRUCTION THRU OCT 2024 Officer, 40.00 hrs/week | $553,522 | $0 | $20,925 | $574,447 |
| DIRECTOR OF OPERATIONS Key employee, 40.00 hrs/week | $478,034 | $0 | $23,176 | $501,210 |
| SIR. DIR OF PROJECT DEVELOPMENT Highest compensated employee, 40.00 hrs/week | $289,142 | $0 | $25,240 | $314,382 |
| SENIOR PROJECT MANAGER Highest compensated employee, 40.00 hrs/week | $277,077 | $0 | $35,690 | $312,767 |
| DIR. OF FINANCE & COMPTROLLER Officer, 40.00 hrs/week | $248,744 | $0 | $29,045 | $277,789 |
29 people received more than $100,000 in reportable compensation from World Trade Center Performing Arts Center (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.0M (Part IX, line 5).
7 filings since 2019
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 (6 mo.) · 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–1b34 · 33 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 26Yes
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 51,055
- Volunteers Part I, line 635
Largest outside contractors
FY2025 (6 mo.) · Form 990, Part VII, Section B · businesses only| SCIAME CONSTRUCTION LLC Construction services | $19,866,079 |
| ALLIED UNIVERSAL JANITORIAL SERVICES Security services | $3,387,972 |
| ABM Engineering and janitorial services | $3,103,444 |
| F & D SCENE CHANGES LTD Scenery services | $686,030 |
Individuals listed as contractors are left out. 33 contractors were paid more than $100,000 in all.
Private foundation grants it received
10 private foundations reported grants to World Trade Center Performing Arts Center totaling $4.9M 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 World Trade Center Performing Arts Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for World Trade Center Performing Arts Center, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 World Trade Center Performing Arts Center spent in 2024, $83.03 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Shea's O'Connell Preservation Guild LtdBuffalo, NY · revenue $33M · programs 78.1% · FY2025
- Public Broadcasting of ColoradoCentennial, CO · revenue $33M · programs 75.8% · FY2025
- Old Globe TheatreSan Diego, CA · revenue $33M · programs 79.2% · 2024
- Pmml NorthKenosha, WI · revenue $33M · programs 15.1% · 2024
- Florida West Coast Public BroadcastingTampa, FL · revenue $33M · programs 74.5% · FY2025
All arts, culture & humanities charities · Largest charities in New York
Questions people ask
How much of World Trade Center Performing Arts Center's spending goes to programs?
In calendar year 2024, World Trade Center Performing Arts Center reported that 83.0% of its $79.4 million in expenses went to program services, 12.5% to management and general and 4.4% to fundraising (Form 990, Part IX).
How much does World Trade Center Performing Arts Center pay its top executive?
The largest total compensation World Trade Center Performing Arts Center reported for one person in calendar year 2024 was $1,212,589, for the role of ARTISTIC DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does World Trade Center Performing Arts Center get its money?
Of $33.2 million in revenue in calendar year 2024, 67.1% came from contributions and grants (including 0.1% from government grants) and 20.1% from program service revenue (Form 990, Part VIII).
Is World Trade Center Performing Arts Center a registered charity?
The IRS lists EIN 45-5316035 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 (6 mo.): Form 990 for the 6-month short period ending June 30, 2025, object 202631359349312763 · read the filing
- 2024: Form 990 for calendar year 2024, object 202543219349325794 · read the filing
- 2023: Form 990 for calendar year 2023, object 202413599349300506 · read the filing
- 2022: Form 990 for calendar year 2022, object 202313479349301526 · read the filing
- 2021: Form 990 for calendar year 2021, object 202300379349300030 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133199349307348 · read the filing
- 2019: Form 990 for calendar year 2019, object 202023179349308322 · read the filing
All filings for EIN 45-5316035: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.