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New York · Nonprofit

FAULT LINE THEATRE INC

FAULT LINE THEATRE INC (New York) receives grants from 10 organizations whose IRS filings report $274,343 to it, the largest being HILLMAN FAMILY FOUNDATIONS ($108,000). 6 of them have funded it in more than one year.

Revenue FY2025
$147k
Funders on record
10
Grants received
$274k
Net assets
$54k
6/10 repeat funderspeak grant-dependency 30%
01What it does

What Fault Line Theatre Inc does

Mission

Fault line theatre creates and produces socially relevant, character-driven plays for today's audiences. By employing the best members of our artistic community, fault line theatre strives both to challenge veteran theatergoers and welcome those new to the art form.

As stated on its FY2025 Form 990-EZ.

Programs

  1. Irons in the fire is fault line theatre's year-round reading series of new plays in development. Each public presentation of these works in progress is hosted in an environment that appropriately celebrates that particular new script, and is supported by a social event that brings the downtown theatre community together in a fun and meaningful way. These reading events are the culmination of a few hours, a few weeks, or even a few months of rehearsal, depending on what each project requires. This format for both process and presentation is intentionally malleable, as we know every play and every playwright requires something a little different. We want to give artists we love a sandbox to play freely within. We also want to give you, our audience, the opportunity to join us in the process of creating new work.

    $99,578 spent
    88% of program spending
  2. (plays) in previews - selected from past irons in the fire seasons fault line theatre: (plays) in previews are workshop productions that provide further opportunity for the scripts to grow fully and seamlessly into their ultimate world premieres.

    $13,460 spent
    12% of program spending
  3. Main stage production - world premiere co-production of the beautiful land I seek (la linda tierra que busco yo) by matt barbot 4 week run, 26 performances at the pregones/puerto rican travelling theater. Co-production with pregones/puerto rican traveling theater, latinx playwright circle, and faule line theatre synopsis: it's 1950. Oscar and gris hurtle towards washington, dc on a mission: strike in the name of puerto rican independence. When their trip goes off the rails, the two men confront familiar faces from the past, new questions about the future, and a tough decision to stay the course or get off the train. If only the other passengers would stop interrupting! Loosely based on historical events and definitely based on recent ones, the beautiful land I seek (la linda tierra que busco yo) is a funny, gripping rollercoaster ride through puerto rico's relationship to the united states.

    $200 spent
    0% of program spending

The 3 programs described on its FY2025 Form 990-EZ. Program spending in total: $113,238.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($99k) Expenses 100 ($110k) Net assets 100 ($48k)2018 Revenue 96 ($95k) Expenses 68 ($74k) Net assets 144 ($70k)2019 Revenue 100 ($99k) Expenses 108 ($118k) Net assets 104 ($50k)2020 Revenue 78 ($77k) Expenses 61 ($66k) Net assets 154 ($74k)2021 Revenue 159 ($157k) Expenses 184 ($202k) Net assets 55 ($27k)2022 Revenue 142 ($141k) Expenses 102 ($111k) Net assets 117 ($56k)2023 Revenue 180 ($179k) Expenses 198 ($217k) Net assets 37 ($18k)2024 Revenue 175 ($174k) Expenses 138 ($151k) Net assets 85 ($41k)2025 Revenue 148 ($147k) Expenses 123 ($135k) Net assets 111 ($54k)
'17'18'19'20'21'22'23'24'25
Revenue (148)Expenses (123)Net assets (111)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $84k to $27k (−68%).

$48k
$70k
$50k
$84k
$27k
$56k
$53k
$41k
$54k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

100% of FAULT LINE THEATRE INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$10k
’17
$21k
’18
−$19k
’19
$11k
’20
−$45k
’21
$30k
’22
−$38k
’23
$23k
’24
$13k
’25

Leadership and staff

Board chair

Craig Wesley Divino

Chair

As listed on its FY2025 Form 990-EZ.

03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 3 funders, grant income rose $2k → $30k.

4 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 45% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FAULT LINE THEATRE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FAULT LINE THEATRE INC leans on a few funders — its largest provides 39% of grant income and the top three 77%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

45% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FAULT LINE THEATRE INC.

39%
largest funder
77%
top three
~4
effective funders

Largest funder’s share by year: 2017 50% · 2018 100% · 2020 78% · 2021 53% · 2022 63% · 2023 67% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

33% of FAULT LINE THEATRE INC's funders are still giving 3 years after their first grant; 60% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

FAULT LINE THEATRE INC draws 99% of its grant income from funders outside New York, across 4 states in all.

IL
NY
PA
VA

In-state vs out-of-state, by year

’17
’18
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $124k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FAULT LINE THEATRE INC runs a healthier operating margin than half of the 11,634 arts & culture nonprofits its size.

Operating margin9% · above the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 11,634 arts & culture nonprofits $100k–$1M, FY2025

Organizations like FAULT LINE THEATRE INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

65%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for FAULT LINE THEATRE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FAULT LINE THEATRE INC?
FAULT LINE THEATRE INC (New York) receives grants from 10 organizations whose IRS filings report $274,343 to it, the largest being HILLMAN FAMILY FOUNDATIONS ($108,000). 6 of them have funded it in more than one year.
How many funders does FAULT LINE THEATRE INC have?
IRS filings report 10 organizations giving $274,343 in grants to FAULT LINE THEATRE INC, 6 of which have funded it in more than one year.
Who is the largest funder of FAULT LINE THEATRE INC?
HILLMAN FAMILY FOUNDATIONS is the largest funder on record, with $108,000 in grants. The full list of funders is on this page.
How can an organization like FAULT LINE THEATRE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Fault Line Theatre →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 10 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing