World Trade Center Performing Arts Center Inc: $79.4M Revenue, $8.9M Expenses
New York, New York · EIN 455316035 · Filing year 2022
World Trade Center Performing Arts Center Inc reported $79.4M in total revenue, $8.9M in total expenses, and $588.4M in total assets on its 2022 IRS Form 990. Total compensation for current officers and key employees was $1.0M (1.26% of revenue). NonprofitTruth efficiency grade: C (58/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2022.
Key Facts (2022 Form 990)
- Total Revenue
- $79.4M
- Total Expenses
- $8.9M
- Total Assets
- $588.4M
- Reserve Months
- 790.9 months
- Surplus / (Deficit)
- $70.5M
- EIN
- 455316035
- Latest 990 Year
- 2022
- Current-Officer Compensation
- $1.0M
- Officer Comp % of Revenue
- 1.26%
The composite efficiency score of 58/100 puts World Trade Center Performing Arts Center Inc at C — neither standout nor failing. Some factors run above the median (often reserves) while others run below (often revenue stability or officer-comp ratio).
At $79.4M in 2022 revenue, World Trade Center Performing Arts Center Inc sits in the mid-range of the U.S. nonprofit distribution. Most organizations of this scale operate regionally or focus on a single program area. On the financial-health factor, World Trade Center Performing Arts Center Inc runs thin — assets relative to annual spending fall below the cushion nonprofit-finance experts typically recommend.
Revenue has been roughly stable over the five-year filing window. The pattern is normal for established organizations operating in a mature program area. Officer compensation is modest relative to organizational size: World Trade Center Performing Arts Center Inc reports $1.0M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $79.4M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. World Trade Center Performing Arts Center Inc sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.
How World Trade Center Performing Arts Center Inc Compares
World Trade Center Performing Arts Center Inc earns a NonprofitTruth efficiency grade of C (58/100). That is 2 points above the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 1.26% of total revenue. The organization holds 790.9 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, World Trade Center Performing Arts Center Inc reported $79.4M in revenue against $8.9M in total functional expenses for filing year 2022, holding roughly 790.9 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $1.0M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 1.26% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
Get World Trade Center Performing Arts Center Inc's next Form 990 grade
Subscribe for NonprofitTruth updates by email. No spam, unsubscribe anytime.
World Trade Center Performing Arts Center Inc has a NonprofitTruth Efficiency Score of C (58/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
World Trade Center Performing Arts Center Inc, Donor FAQ
World Trade Center Performing Arts Center Inc has a NonprofitTruth Efficiency Score of C (58/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
World Trade Center Performing Arts Center Inc reports $1.0M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 1.26% of the organization's $79.4M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
World Trade Center Performing Arts Center Inc reported $79.4M in annual revenue and $8.9M in total expenses for filing year 2022. The organization holds $588.4M in total assets.
World Trade Center Performing Arts Center Inc holds approximately 790.9 months of operating reserves (total assets relative to annual expenses) based on its 2022 IRS Form 990, one input into its C efficiency grade.
World Trade Center Performing Arts Center Inc is a registered 501(c) organization with EIN 455316035, based in New York, New York. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Arts, Culture & Humanities Nonprofits
Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.