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The New 42nd Street Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133584032 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is The New 42nd Street Inc?

The New 42nd Street Inc is a nonprofit organization located in New York City, dedicated to the revitalization of performing arts through the management of seven historic theaters on 42nd Street. Their mission is to create opportunities and foster the development of new works within the performing arts scene. By catalyzing the power of these arts, they spark new perspectives and breathe life into iconic American theater district. Their projects aim to make extraordinary performing arts accessible to people of all ages and backgrounds. Additionally, the organization preserves the legacy of these historic theaters, ensuring their continued vitality and significance.


Official website here: www.new42.org

Is The New 42nd Street Inc legitimate?

The New 42nd Street Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The New 42nd Street Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,300,432
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,392,656

For more financial information, click here


Official website here: www.new42.org

What is the mission statement of The New 42nd Street Inc?

The New 42nd Street Inc is a nonprofit organization that harnesses the power of performing arts to spark fresh perspectives, foster new creations, and create opportunities for all. Through its distinctive projects, New 42 brings extraordinary performing arts to life for people of all ages. Additionally, the organization plays a crucial role in nurturing and managing various historic theaters, ensuring the continued legacy and vitality of the performing arts scene.


Official website here: www.new42.org

Who is the CEO of The New 42nd Street Inc?

Russell Granet is the Chair of The New 42nd Street Inc.


Official website here: www.new42.org

What is the revenue of The New 42nd Street Inc?

The New 42nd Street Inc's revenue in 2022 was $24,084,587.


Official website here: www.new42.org

Who are the executives of The New 42nd Street Inc and what are their salaries?

The average compensation at The New 42nd Street Inc during 2022 was $26,831. There are 324 employees and 28 volunteers at The New 42nd Street Inc.

Here are 39 key members and their salaries:

    Russell Granet (President) [Trustee/Director]
  • Compensation: $485,463
  • Related: $0
  • Other: $74,052

    • Lisa Post (Chief Operating Officer)
  • Compensation: $268,004
  • Related: $0
  • Other: $42,351

    • Mary Rose (Director Of Artistic Programming)
  • Compensation: $200,637
  • Related: $0
  • Other: $26,910

    • Elizabeth Cashour (Vice President, Development)
  • Compensation: $170,688
  • Related: $0
  • Other: $22,772

    • Lauren Fitzgerald (Vp Of Marketing & Communication)
  • Compensation: $157,638
  • Related: $0
  • Other: $21,561

    • Courtney Boddie (Vp Of Education & School Engagement)
  • Compensation: $133,718
  • Related: $0
  • Other: $20,259

    • Edward Stallsworth (Director Of Operations)
  • Compensation: $111,853
  • Related: $0
  • Other: $36,629

    • David Upton (Director Of Production)
  • Compensation: $112,826
  • Related: $0
  • Other: $19,202

    • Cora Cahan (Former President)
  • Compensation: $116,134
  • Related: $0
  • Other: $11,870

    • Elizabeth Hines To Jun 2021 (Vice President, Finance)
  • Compensation: $81,207
  • Related: $0
  • Other: $12,570

    • Michele Pagnottafrom Oct 2021 (Vice President, Finance)
  • Compensation: $51,791
  • Related: $0
  • Other: $0

    • Fiona Howe Rudin (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shahara Ahmad-Llewellyn (Co-Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marc A Spilker (Co-Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Sommers (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stefanie Katz Rothman (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yemi Benedict-Vatel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Herman A Berliner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lynne Biggar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lili Fable (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tiffany Gardner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neil Gupta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharon Coplan Hurowitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Irwin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Jacobs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Lippmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Lithgow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sammy Lopez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Isaac Mizrahi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura O'Donohue (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katherine Peck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eliot Rubenzahl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Long Solomon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leigh Bishop Taub (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Henry Tisch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann Unterberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole Weiss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Zagarino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lucinda Zilkha (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.new42.org

    Where can I find the form 990 for The New 42nd Street Inc?

    The The New 42nd Street Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.new42.org

    Learn more at the official website: www.new42.org

    Mission Statement of The New 42nd Street Inc

    The New 42nd Street Inc, a renowned nonprofit organization, is dedicated to igniting fresh perspectives and fostering the development of new performing arts works. By catalyzing the power of art, this esteemed institution creates valuable opportunities for all. Through its signature projects, New 42 brings extraordinary performing arts experiences to life, touching individuals from their earliest years onward. The nonprofit's mission extends beyond mere entertainment, as it also serves as a guardian for seven historic theater properties. The organization's stewardship ensures the legacy and vitality of America's most iconic theater district, providing a platform for artistic innovation and cultural enrichment.

    Impact

    This information is meant to be a general summary of The New 42nd Street Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The New 42nd Street Inc catalyzes the power of performing arts to spark new perspectives, incubate new works, and create new opportunities for individuals. Through its signature projects, The New 42nd Street Inc makes extraordinary performing arts a vital part of everyone's life, starting from the earliest years onward. The organization also manages seven historic theater properties on 42nd Street, ensuring the legacy and vitality of America's most iconic theater district. The impact of The New 42nd Street Inc is evident in its ability to bring the transformative power of performing arts to a wide audience, foster creativity, and preserve the cultural heritage of a significant historical area in New York City.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,605
  • Program Service Revenue: $10,954,292
  • Gross Receipts: $24,177,382

    • Assets and Liabilities:
  • Total Assets: $49,391,490
  • Total Liabilities: $5,818,171
  • Net Assets: $43,573,319
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL & OTHER PROJECTS

    Revenue

    $10,386,977

    BOX OFFICE RECEIPTS

    Revenue

    $567,315

    Organization Details

    Founding Year

    1988

    Principal Officer

    Russell Granet

    Main Address

    229 WEST 42ND STREET 10TH FLOOR, NEW YORK, NY, 10036

    NTEE Category

    Code: A190 - Arts

    If you are a representative of The New 42nd Street Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.