National Asian-American Theatre Company
Public records show a registered, tax-exempt organization in good standing.
What it says it does
National Asian American Theatre Company ("NAATCO")'s mission is to assert the presence and significance of Asian American theatre in the United States, demonstrating its vital contributions to the fabric of American culture. NAATCO puts into service its total commitment to Asian American theatre artists to more accurately represent onstage the multi- and intercultural dynamics of our society. NAATCO is equally committed to Asian American theatre technicians and administrators. Through our practice, we demonstrate a rich tapestry of cultural difference bound by the American experience.
- Income
- $994,971
- Spending
- $955,682
- Spent on programs
- 80%
- Reserves
- 8.1 months of spending
- Largest source of income
- donations and private grants, 72%
- Employees
- 48
- Highest pay
- $52,500, director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100.
Reserves
28 of 35Spendable reserves would cover 8.1 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
15 of 15Income exceeded spending by 4% of income.
Income trend
15 of 15Income rose 243% on the year before.
Spending floor
15 of 1580% of spending went to programs and raising each dollar of donations cost 2 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 80 out of 100.
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $388,599 spent. From January 18 - February 15, 2025, we produced a production of Cymbeline by William Shakespeare, with modern verse translation by Andrea Thome and directed by Stephen Brown-Fried. The cast features 11 Asian-American actors, all women, and an all women design team. The production was nominated for two Drama Desk awards: Outstanding Featured Performance in a Play by Maria-Christina Oliveras and Outstanding Adaptation of a Play by Andrea Thome.
- $215,000 spent. From May 8 - June 8, 2025, we co-produced a production of Bus Stop by William Inge with Classic Stage Company and Transport Group. The production was directed by Jack Cummings III and featured a cast of 8 Asian-American actors. Bus Stop was nominated for Outstanding Revival by the Lucille Lortel Awards.
- $162,851 spent. With rehearsals beginning in February 2025, and performances in March 2025, TheatreSquared in Fayetteville, AK, produced Shakespeares TWELFTH NIGHT, directed by Aneesha Kudtarkar as part of the NAATCO National Partnership Project. The production was also in partnership with Play On! Shakespeare and featured an all Asian cast.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 1989.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.