WORLD TRADE CENTER PERFORMING ARTS CENTER INC Charity Report

Public IRS 990 nonprofit record

WORLD TRADE CENTER PERFORMING ARTS CENTER INC

EIN 45-5316035 · Performing Arts (A60)

What they do

THE PERELMAN PERFORMING ARTS CENTER CREATES CONNECTIONS BY CULTIVATING BONDS BETWEEN EXTRAORDINARY ARTISTS and COMMUNITIES WITH EXEMPLARY PERFORMANCES IN ACTIVE DIALOGUE ACROSS THE ARTS IN OUR FLEXIBLE INTIMATE SPACES, INVITING CONVERSATION and NEW RELATIONSHIPS. OUR ART and OUR AUDIENCES REFLECT THE DYNAMIC ENERGY of ALL FIVE BOROUGHS of NEW YORK CITY. OUR WORK ASKS ALL of US to CONSIDER and EMBRACE THE COMPLEXITIES of SOCIETY. TOGETHER, WE WELCOME THE ENTIRE WORLD. THE PERELMAN PERFORMING ARTS CENTER is WHERE THE WORLD TRADES IDEAS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $78.30 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 2024The charity has a recent tax report to read.

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

They name their leaders47 people are listed in the latest report.

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

Money made simple

28.24%of revenue went to mission work78.3% of expenses · Program services

1.89%of revenue went to fundraising5.3% of expenses

$36.06spent for every $100 of revenueRevenue covered expenses this year.

5.92%of revenue went to management and office costs16.4% of expenses

$16.36in assets for every $1 spent this yearSome assets cannot be spent right away.

96.7%of its money came from giftsOther money may come from services or investments.

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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.

Pay context: The highest compensation shown in this filing is $1,212,589 for WILLIAM PAUL RAUCH (ARTISTIC DIRECTOR). 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 2024

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$94,179,063

Mission workProgram services$26,600,62528.24% of revenue78.3% of expenses

ManagementOffice and general costs$5,574,2555.92% of revenue16.4% of expenses

FundraisingAsking for donations$1,782,9731.89% of revenue5.3% of expenses

Revenue left after expensesReported annual surplus$60,221,21063.94% of revenueShown in gray on the chart

Total expenses$33,957,85336.06% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

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

2024CurrentExpense mix: 78.3% mission · 16.4% management · 5.3% fundraisingTotal expenses: 36.06% of revenue

2023Expense mix: 82.9% mission · 12.7% management · 4.4% fundraisingTotal expenses: 133.94% of revenue

2022Expense mix: 51.6% mission · 29.4% management · 19.0% fundraisingTotal expenses: 11.25% of revenue

2021Expense mix: 56.3% mission · 29.4% management · 14.3% fundraisingTotal expenses: 2.66% of revenue

2020Expense mix: 49.0% mission · 42.8% management · 8.2% fundraisingTotal expenses: 11.83% of revenue

2019Expense mix: 72.4% mission · 12.0% management · 15.7% fundraisingTotal expenses: 2.55% of revenue

2018Expense mix: 76.9% mission · 12.2% management · 10.8% fundraisingTotal expenses: 3.71% of revenue

2017Expense mix: 72.3% mission · 15.4% management · 12.3% fundraisingTotal expenses: 2.99% of revenue

Money in and money out

Revenue$94,179,063

Expenses$33,957,853

Annual surplus $60,221,210 Revenue was higher than expenses 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)$26,600,625 · 78.3% of expenses

Management and office costs$5,574,255 · 16.4% of expenses

Fundraising$1,782,973 · 5.3% of expenses

See all reported dollar amounts

Revenue$94,179,063

Expenses$33,957,853

Assets$555,550,013

Income$96,437,344

Contributions$91,088,670

Mission work (program services)$26,600,625

Fundraising$1,782,973

Management and general$5,574,255

Accounting fees$28,628

People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation

WILLIAM PAUL RAUCHARTISTIC DIRECTOR · 40 hrs/week $1,212,589Base $1,146,840 · Other $65,749

WARREN ELLIOTT ELGHANAYANVP OF CONSTRUCTION · 40 hrs/week $694,899Base $622,420 · Other $72,479

LESLIE GAIL KOCH PRESIDENTOF CONSTRUCTION THRU OCT 2024 · 40 hrs/week $574,447Base $553,522 · Other $20,925

JAMES CONNORSDIRECTOR OF OPERATIONS · 40 hrs/week $501,210Base $478,034 · Other $23,176

FRANK LAPERASIR. DIR OF PROJECT DEVELOPMENT · 40 hrs/week $314,382Base $289,142 · Other $25,240

CHRISTOPHER GATEAUSENIOR PROJECT MANAGER · 40 hrs/week $312,767Base $277,077 · Other $35,690

HAWLEY BETH ABELOWDIR. OF MARKETING & COMMUNICATIONS · 40 hrs/week $222,804Base $210,657 · Other $12,147

STEPHANIE BREE COPLEYDIR. OF PEOPLE & CULTURE · 40 hrs/week $216,335Base $203,794 · Other $12,541

MARVIN GIUZIODIR. OF SECURITY & FIRE LIFE SAFETY · 40 hrs/week $207,104Base $192,131 · Other $14,973

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 (47)

WILLIAM PAUL RAUCHARTISTIC DIRECTOR

WARREN ELLIOTT ELGHANAYANVP OF CONSTRUCTION

LESLIE GAIL KOCH PRESIDENTOF CONSTRUCTION THRU OCT 2024

JAMES CONNORSDIRECTOR OF OPERATIONS

FRANK LAPERASIR. DIR OF PROJECT DEVELOPMENT

CHRISTOPHER GATEAUSENIOR PROJECT MANAGER

HAWLEY BETH ABELOWDIR. OF MARKETING & COMMUNICATIONS

STEPHANIE BREE COPLEYDIR. OF PEOPLE & CULTURE

MARVIN GIUZIODIR. OF SECURITY & FIRE LIFE SAFETY

RIC CLARKDIRECTOR

SCOTT RECHLERDIRECTOR

REV PHILLIP A JACKSONDIRECTOR

RABIYA AKHTARDIRECTOR OF FINANCE AS OF JAN 2025

PETER H DARROWVICE-CHAIR

PATRICIA E HARRISDIRECTOR

MICHAEL R BLOOMBERGCHAIR

MICHAEL DOUGLASDIRECTOR

ROBIN VINCEDIRECTOR

RONALD O PERELMANDIRECTOR

SAMANTHA PERELMANDIRECTOR

MARY ANN TIGHEDIRECTOR

STEPHEN DALDRYDIRECTOR

STEVEN M COHENDIRECTOR

SUSAN STROMANDIRECTOR

VALERIE WILPONDIRECTOR

VAN JONESDIRECTOR

ZENIA MUCHADIRECTOR

IAN OSBORNEDIRECTOR

BLESSING OMAKWU ESQDIRECTOR THRU MAY 2025

DAVID EARLSDIRECTOR

DOMINIC CASSERLEYVICE-CHAIR AND TREASURER

EDWARD SKYLERDIRECTOR

EDWARD P HENRYSECRETARY

FRANK BISIGNANODIRECTOR THRU MAY 2025

GREGORY G OLAFSONDIRECTOR

HAROLD FORD JRDIRECTOR

HON ELLEN NACHTIGALL BIBENDIRECTOR

MAXIM SEMIGLAZOVDIRECTOR OF FINANCE, CONSTRUCTION

INDRA NOOYIDIRECTOR

KATY KNIGHTDIRECTOR

KHADY KAMARAEXECUTIVE DIRECTOR

LARRY A SILVERSTEINDIRECTOR

MARIA TORRES-SPRINGERDIRECTOR

MARTHA LIVINGSTONDIRECTOR

ANNA DEAVERE SMITHDIRECTOR

MARY KATHRYN NAGLEDIRECTOR

MAURICE OBEIDDIRECTOR

About this charity

Recognized since: January 2014
Location: ONE LIBERTY PLAZA 29TH FLOOR, NEW YORK, NY 10006-1404
County: New York
In care of: % NOELLE LILIEN
Primary officer: KHADY KAMARA, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(212) 266-3000

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2025
Return type: 990
Tax preparer: PKF OCONNOR DAVIES ADVISORY LLC
NTEE classification: Performing Arts (A60)
IRS tax category: Performing Arts