New York · Nonprofit
WORLD TRADE CENTER PERFORMING ARTS CENTER INC
WORLD TRADE CENTER PERFORMING ARTS CENTER INC (New York) receives grants from 60 organizations whose IRS filings report $179,735,916 to it, the largest being THE BLOOMBERG FAMILY FOUNDATION INC ($90,000,000). 24 of them have funded it in more than one year.
- Revenue FY2025
- $94M
- Funders on record
- 60
- Grants received
- $180M
- Net assets
- $549M
What World Trade Center Performing Arts Center Inc does
Mission
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.
As stated on its FY2025 Form 990.
Programs
Artistic and program:artistic director bill rauch and the producing team continue to offer a rich and diverse program of live performances at the perelman performing arts center. The seasons have welcomed new yorkers and visitors from all 50 states and showcased artists across disciplines while laying the groundwork for future programming. The season included a diverse range of productions, starting with tipi tales from the stoop, a solo show by murielle borst-tarrant about her experiences growing up as part of the only native family in her brooklyn neighborhood. Pac nyc also presented scat! The complex lives of al and dot, dot and al zollar, a dance-driven musical set in a jazz club and performed by celebrated dance troupe urban bush women (ubw), and the united states premiere of choral-dance fusion african exodus, a choral journey through the africa where over 80 pairs of shoes were transformed into instruments, tools, and markers to tell the story of the movement of people and their linguistic footprints within the african continent. The season concluded with passengers, a thrilling mix of circus, dance, and music by renowned troupe the 7 fingers.
$20,319,195 spent$632,794 earned by the program76% of program spendingCivic engagement & future programming:pac nyc continues to strengthen its ties to a variety of communities through ongoing partnerships with our four anchor alliances: borough of manhattan community college, center for independence of the disabled, ny immigrant coalition, the interfaith center, and our foundational alliance, the lenape center. Our artistic and producing teams are developing future seasons of multidisciplinary programming through commissions and workshops. In january 2024, in partnership with the civis foundation, we launched the democracy cycle, a multi-year commissioning program designed to support new works that illuminate the promise, practice, imperfection, and opportunity of democracy. We received over 450 applications for our first open call and commissioned eight new works in the first year of the program.
$5,378,912 spent$1,778 earned by the program20% of program spendingLobby stage:as part of our mission to cultivate bonds between extraordinary artists and community and provide public access to the arts, perelman performing arts center (pac nyc) provides free entertainment on the vartan and clare gregorian stage in the pac nyc lobby. Performances on our lobby stage are free and open to the public. In 2024 alone we had over 150 free programs including music, spoken word, dance, and multi-generational and family programming. Pac nyc collaborates with diverse curators who work with artists from around nyc and the world to program the lobby stage. We also work with consulates to present culturally specific programming and our civic alliance partners to bring new and emerging voices to the stage.
$902,518 spent$47 earned by the program3% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $26,600,625.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $158M to $326M (+106%).
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.
Government-grant reliance: 2017 6% · 2018 66% · 2019 12% · 2020 20% · 2021 18% · 2022 39% · 2023 17% · 2024 0% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.
97% of WORLD TRADE CENTER PERFORMING ARTS CENTER INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (58% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
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.
Chief executive
Khady Kamara
Executive director
Board chair
Michael R Bloomberg
Chair
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2022 and FY2023 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 10 funders, grant income rose $4.5M → $6.5M.
10 of 60 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 21% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $25M from 6 payers (the payer shares this organization's board, largest Jewish Federation of Greater Philadelphia). These are real filings, and they are not money WORLD TRADE CENTER PERFORMING ARTS CENTER INC raised.
From the IRS filings of WORLD TRADE CENTER PERFORMING ARTS CENTER INC’s funders (the co-funder graph). Top 30 of 60 funders by total. 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
WORLD TRADE CENTER PERFORMING ARTS CENTER INC leans on a few funders — its largest provides 50% of grant income and the top three 70%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 94% · 2018 41% · 2019 66% · 2020 42% · 2021 91% · 2022 16% · 2023 63% — 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
26% of WORLD TRADE CENTER PERFORMING ARTS CENTER INC's funders are still giving 3 years after their first grant; 40% give in more than one year at all.
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
82% of WORLD TRADE CENTER PERFORMING ARTS CENTER INC's grant income comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $38M arriving through sponsors registered in 7 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.
Against its field
WORLD TRADE CENTER PERFORMING ARTS CENTER INC runs a healthier operating margin than three-quarters of the 550 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 550 arts & culture nonprofits $10M–$100M, FY2025
Organizations like WORLD TRADE CENTER PERFORMING ARTS CENTER 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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Public support
50%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Wtc Performing Arts Center Support LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for WORLD TRADE CENTER PERFORMING ARTS CENTER 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.
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 WORLD TRADE CENTER PERFORMING ARTS CENTER INC?
- WORLD TRADE CENTER PERFORMING ARTS CENTER INC (New York) receives grants from 60 organizations whose IRS filings report $179,735,916 to it, the largest being THE BLOOMBERG FAMILY FOUNDATION INC ($90,000,000). 24 of them have funded it in more than one year.
- How many funders does WORLD TRADE CENTER PERFORMING ARTS CENTER INC have?
- IRS filings report 60 organizations giving $179,735,916 in grants to WORLD TRADE CENTER PERFORMING ARTS CENTER INC, 24 of which have funded it in more than one year.
- Who is the largest funder of WORLD TRADE CENTER PERFORMING ARTS CENTER INC?
- THE BLOOMBERG FAMILY FOUNDATION INC is the largest funder on record, with $90,000,000 in grants. The full list of funders is on this page.
- How can an organization like WORLD TRADE CENTER PERFORMING ARTS CENTER 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 World Trade Center Performing Arts Center →
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 60 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