Skip to content

New York · Nonprofit

MUSICAL THEATRE FACTORY INC

MUSICAL THEATRE FACTORY INC (New York) receives grants from 17 organizations whose IRS filings report $898,791 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($230,000). 9 of them have funded it in more than one year.

Revenue FY2025
$642k
Funders on record
17
Grants received
$899k
Net assets
$266k
9/17 repeat funderspeak grant-dependency 50%
01What it does

What Musical Theatre Factory Inc does

Mission

The organization is dedicated to help musical theatre artists develop and present new work in a collaborative atmosphere from pressures of critical and commercial successes.

As stated on its FY2025 Form 990.

Program

  1. Mtfs artistic programming is organized around three overlapping circles of impact: the artist, the work and the world. This framework reflects our vision for a thriving creative ecosystem where artists take ownership of their process and impact, musical stories flourish in surprising and unexpected ways, and the field itself is reshaped by values of justice, care, and interdependence. Together, these circles form a regenerative infrastructure that supports both artistic creation and cultural transformation.

    $236,811 spent$196 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $236,811.

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 ($120k) Expenses 100 ($115k) Net assets 100 ($6k)2019 Revenue 148 ($178k) Expenses 122 ($141k) Net assets 600 ($35k)2020 Revenue 129 ($156k) Expenses 140 ($161k) Net assets 512 ($30k)2021 Revenue 237 ($285k) Expenses 204 ($235k) Net assets 1370 ($80k)2022 Revenue 391 ($470k) Expenses 207 ($238k) Net assets 5312 ($312k)2023 Revenue 196 ($235k) Expenses 428 ($492k) Net assets 934 ($55k)2024 Revenue 250 ($301k) Expenses 328 ($378k) Net assets -378 ($-22175)2025 Revenue 535 ($642k) Expenses 334 ($384k) Net assets 4528 ($266k)
'17'19'20'21'22'23'24'25
Revenue (535)Expenses (334)Net assets (4528)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 2021 to 2022, from $108k to $402k (+273%).

$7k
$36k
$40k
$108k
$402k
$132k
$61k
$318k
'17'19'20'21'22'23'24'25
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
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 38% · 2022 34% · 2023 47% · 2024 37% · 2025 20%. Grants only. Government contracts and fees sit inside program revenue.

100% of MUSICAL THEATRE FACTORY 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. 3 of the last 8 reported years ran a deficit.

$5k
’17
$37k
’19
−$5k
’20
$50k
’21
$231k
’22
−$257k
’23
−$77k
’24
$258k
’25
9.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Amy Goldwasser

Board chairperson

As listed on its FY2025 Form 990.

20212022202320242025
Listed1516121410
Joined·+1+6+6+3
No longer listed·01047
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 6 funders, grant income rose $5k → $119k.

8 of 17 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 41% 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 MUSICAL THEATRE FACTORY 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

MUSICAL THEATRE FACTORY INC has a broad base — no single funder exceeds 26% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

60% 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 MUSICAL THEATRE FACTORY INC.

26%
largest funder
64%
top three
~6
effective funders

Largest funder’s share by year: 2018 100% · 2019 60% · 2020 62% · 2021 26% · 2022 34% · 2023 45% — diversifying over time.

“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

60% of MUSICAL THEATRE FACTORY INC's funders are still giving 3 years after their first grant; 53% 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

MUSICAL THEATRE FACTORY INC draws 55% of its grant income from funders outside New York, across 6 states in all.

MN
NY
MA
NJ
CA
MD

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

’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $364k arriving through sponsors registered in 6 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

MUSICAL THEATRE FACTORY INC runs a healthier operating margin than three-quarters of the 11,634 arts & culture nonprofits its size.

Operating margin40% · top quartile
Months of reserve9.7mo · above the median
Revenue growth (annualized)23% · top quartile

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

Government funding MUSICAL THEATRE FACTORY INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $313k on record.

Federal$313k
grants $313kcontracts $0
19
20
21
22
23
24
Top agencies
  • National Endowment for the Arts$313k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like MUSICAL THEATRE FACTORY 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.

Where the money goes

62% of spending goes to programs.

Program 62%Management 21%Fundraising 18%

Governance

6
board members
100%
independent
–Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Public support

70%

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 MUSICAL THEATRE FACTORY 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 MUSICAL THEATRE FACTORY INC?
MUSICAL THEATRE FACTORY INC (New York) receives grants from 17 organizations whose IRS filings report $898,791 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($230,000). 9 of them have funded it in more than one year.
How many funders does MUSICAL THEATRE FACTORY INC have?
IRS filings report 17 organizations giving $898,791 in grants to MUSICAL THEATRE FACTORY INC, 9 of which have funded it in more than one year.
Who is the largest funder of MUSICAL THEATRE FACTORY INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $230,000 in grants. The full list of funders is on this page.
How can an organization like MUSICAL THEATRE FACTORY 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 Musical Theatre Factory →

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 17 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