TOTAL REVENUE - FISCAL 2025
$94,179,063
Up 183.8% from $33,187,548 in fiscal 2024.
World Trade Center Performing Arts
New York, New York - EIN 45-5316035 - Latest filing: fiscal 2025 (Jan 1, 2025 - Jun 30, 2025)
HOW TO READ THIS PAGE
How to read this page: every figure below is from the fiscal-2025 Form 990, filed May 15, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed May 15, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.
THE FILING IN ONE PARAGRAPH
World Trade Center Performing Arts reported $94,179,063 in revenue and $33,957,853 in expenses in fiscal 2025, a surplus of $60,221,210 for the year. Program services took $26,600,625 of expenses, or 78.3%. The organization closed the year with $548,599,285 in net assets - about 193.9 months of expenses at the fiscal-2025 spending level.
At a Glance - Fiscal 2025
All values are fiscal 2025 unless a tile says otherwise.
TOTAL EXPENSES - FISCAL 2025
$33,957,853
Revenue minus expenses: $60,221,210 in fiscal 2025.
PROGRAM EXPENSE SHARE - FISCAL 2025
78.3%
$26,600,625 of $33,957,853 went to program services.
NET ASSETS - END OF FISCAL 2025
$548,599,285
Total assets $555,550,013 minus total liabilities $6,950,728.
PEOPLE REPORTED - FISCAL 2025
0 Employees
Plus 36 volunteers reported on the fiscal-2025 Form 990.
Money In, Money Out - Fiscal 2025
Revenue and expenses as reported on the fiscal-2025 Form 990, filed May 15, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.
Where the Money Went - Fiscal 2025
Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.02 - $1,782,973 in fundraising expenses divided by $91,088,670 in total contributions. On cash contributions only: $0.02.
Where the Money Came From - Fiscal 2025
| Source | Fiscal 2025 |
|---|---|
| Total Contributions | $91,088,670 |
| Of Which Cash Contributions | $91,078,333 |
| Of Which Donated Goods (Noncash) | $10,337 |
| Government Grants | $1,704 |
| All Other Contributions | $91,086,966 |
| Program Service Revenue | $629,964 |
| Investment Income | $32,501 |
| Other Revenue | $2,427,928 |
| Total Revenue (All Sources) | $94,179,063 |
Reserves and Balance Sheet - Fiscal 2025
Reserves and Runway
193.9 Months
of reserves - $548,599,285 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $2,829,821 in fiscal 2025.
Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.
Balance Sheet - End of Fiscal 2025
| Total Assets | $555,550,013 |
| Total Liabilities | $6,950,728 |
| Liabilities as Share of Assets | 1.3% |
| Net Assets | $548,599,285 |
Leadership Pay - Fiscal 2025
Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed May 15, 2026.
No compensation was reported for any officer, director, trustee or key employee on the fiscal-2025 Form 990. Everyone named on the filing served without pay from the organization, as reported.
Board and Governance - Fiscal 2025
Board and policy answers as reported on the fiscal-2025 Form 990, filed May 15, 2026.
Board Roster - as Reported on the Fiscal-2025 Form 990
33 voting members, 33 independent - independence count as reported on the fiscal-2025 Form 990.
| Name, as Reported | Role, as Reported |
|---|---|
| Michael R Bloomberg | Chair |
| Dominic Casserley | Vice-Chair And Treasurer |
| Peter H Darrow | Vice-Chair |
| Edward P Henry | Secretary |
| Frank Bisignano | Director Thru May 2025 |
| Ric Clark | Director |
| Steven M Cohen | Director |
| Stephen Daldry | Director |
| Anna Deavere Smith | Director |
| Michael Douglas | Director |
| David Earls | Director |
| Harold Ford Jr | Director |
| Patricia E Harris | Director |
| Rev Phillip A Jackson | Director |
| Van Jones | Director |
| Katy Knight | Director |
| Martha Livingston | Director |
| Zenia Mucha | Director |
| Hon Ellen Nachtigall Biben | Director |
| Mary Kathryn Nagle | Director |
| Indra Nooyi | Director |
| Maurice Obeid | Director |
| Gregory G Olafson | Director |
| Blessing Omakwu ESQ | Director Thru May 2025 |
| Ian Osborne | Director |
| Ronald O Perelman | Director |
| Samantha Perelman | Director |
| Scott Rechler | Director |
| Edward Skyler | Director |
| Larry A Silverstein | Director |
| Susan Stroman | Director |
| Mary Ann Tighe | Director |
| Maria Torres-Springer | Director |
| Robin Vince | Director |
| Valerie Wilpon | Director |
| Khady Kamara | Executive Director |
| Rabiya Akhtar | Director Of Finance As Of Jan 2025 |
| Maxim Semiglazov | Director Of Finance, Construction |
Governance Policy Flags - Fiscal 2025
Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence33 voting / 33 independent
Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.
Grants - Fiscal 2025
Grants Made - Fiscal 2025
This organization reported $0 in grants paid and filed no Schedule I for fiscal 2025. The page states that directly instead of leaving a blank grants section. Grantmaking organizations show a full recipient list in this section - recipient name, amount and stated purpose, as reported.
Trend - Revenue
Years are shown only where a filing is held. Missing years are absent, never filled in.
| Fiscal Year | Revenue | Change |
|---|---|---|
| Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing) | $33,187,548 | - |
| Fiscal 2025 | $94,179,063 | +183.8% |
This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.
Filings on Record
| Tax Period | Form | Status | Source |
|---|---|---|---|
| Jan 1, 2025 - Jun 30, 2025 | Form 990 | In Force - Filed May 15, 2026 | Original Filing at the IRS |
If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.