CITY CENTER OF MUSIC AND DRAMA INC Charity Report

Public IRS 990 nonprofit record

CITY CENTER OF MUSIC AND DRAMA INC

EIN 13-1813808

What they do

to MAINTAIN and OPERATE THE DAVID H. KOCH THEATER for THE PRESENTATION of THE PERFORMING ARTS, PRIMARILY DANCE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $83.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2016The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders18 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

119.98%of revenue went to mission work83.5% of expenses · Program services

$143.64spent for every $100 of revenueSpending was higher than revenue this year.

23.67%of revenue went to management and office costs16.5% of expenses

$5.47in assets for every $1 spent this yearSome assets cannot be spent right away.

20.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $4,960,160 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $333,812 for FRANK LAVAIA (MASTER CARPENTER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2016

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$11,364,838

Mission workProgram services$13,635,095119.98% of revenue83.5% of expenses

ManagementOffice and general costs$2,689,90323.67% of revenue16.5% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$16,324,998143.64% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2016CurrentExpense mix: 83.5% mission · 16.5% management · 0.0% fundraisingTotal expenses: 143.64% of revenue

2015Expense mix: 90.1% mission · 9.9% management · 0.0% fundraisingTotal expenses: 128.07% of revenue

Money in and money out

Revenue$11,364,838

Expenses$16,324,998

Annual shortfall $4,960,160 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$13,635,095 · 83.5% of expenses

Management and office costs$2,689,903 · 16.5% of expenses

See all reported dollar amounts

Revenue$11,364,838

Expenses$16,324,998

Assets$89,335,978

Contributions$2,363,626

Mission work (program services)$13,635,095

Management and general$2,689,903

Stocks and bonds$10,703,977

Accounting fees$120,000

People

Leadership and board

Tax year 2016

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

FRANK LAVAIAMASTER CARPENTER · 60 hrs/week $333,812Base $234,171 · Other $99,641

BEN DANCYGERPROPERTY MASTER · 60 hrs/week $319,132Base $226,159 · Other $92,973

IRIS NOVACKDIRECTOR · 60 hrs/week $280,592Base $195,885 · Other $84,707

TIMOTHY ODELLASSISTANT PROPERTY MANAGER · 60 hrs/week $273,103Base $190,290 · Other $82,813

THOMAS MAHERMASTER ELECTRICIAN · 60 hrs/week $255,872Base $178,158 · Other $77,714

DAVID THIELEMANAGING DIRECTOR · 40 hrs/week $254,909Base $205,116 · Other $49,793

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (18)

FRANK LAVAIAMASTER CARPENTER

BEN DANCYGERPROPERTY MASTER

IRIS NOVACKDIRECTOR

TIMOTHY ODELLASSISTANT PROPERTY MANAGER

THOMAS MAHERMASTER ELECTRICIAN

DAVID THIELEMANAGING DIRECTOR

GILLIAN ATTFIELDSECRETARY AND TREASURER

STEPHEN KROLL REIDYBOARD MEMBER

ROBERT I LIPPBOARD MEMBER

RANDALL BOURSCHEIDTBOARD MEMBER

MELISSA MARK VIVERITO-EX-OFFICIOBOARD MEMBER

IRA MILLSTEINBOARD MEMBER

GALE A BREWER- EX-OFFICIOBOARD MEMBER

FRANCI J BLASSBERGBOARD MEMBER

FARANG AZARIASSISTANT SECRETARY

COMMISSIONER TOM FINKELPEARLBOARD MEMBER- EX-OFFICIO

BILL DE BLASIO-EX-OFFICIOBOARD MEMBER

ALAIR TOWNSENDCHAIRMAN

About this charity

Location: 70 LINCOLN CENTER PLAZA, NEW YORK, NY 100236580
County: New York
In care of: FARANG AZARI
Primary officer: FARANG AZARI, ASSISTANT SECRETARY

How to reach them

WebsiteVisit the charity’s website Phone(212) 870-7776 Officer phone(212) 870-5656

Filing and classification

Latest tax year: 2016
Tax period began: July 1, 2016
Return type: 990
Tax preparer: EISNERAMPER LLP