Theatre of the Emerging American Moment
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Theater of the Emerging American Moment, Inc. (The TEAM), is a Brooklyn-based theatre ensemble whose mission is to collaboratively create new works about the experience of living in America today, and to generate dialogue about our nation's past, present, and future through national and international touring.
- Income
- $517,832
- Spending
- $805,041
- Spent on programs
- 82%
- Reserves
- 1.7 months of spending
- Largest source of income
- donations and private grants, 59%
- Employees
- 81
- Volunteers
- 8
- Highest pay
- $84,447, producing dir.
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
Fair: 56 out of 100. Higher than 25% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 1.7 months of spending.
Debt
16 of 20It owes 15% of what it owns.
Living within its means
0 of 15Spending exceeded income by 55% of income.
Income trend
15 of 15Income rose 36% on the year before.
Spending floor
15 of 1582% of spending went to programs and raising each dollar of donations cost 22 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
Strong: 100 out of 100. Higher than 95% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
25 of 257 of 13 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
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave 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
15 of 15Its accounts were audited by an independent accountant.
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 (1)
- $656,352 spent. In FY25, the TEAM proudly sustained all of our major programs, including showcasing our major new work, RECONSTRUCTING, for the first time. We employed over 90 artists, maintained a lean staff of two full-time employees and three part-time employees, and expanded our operational capacity by joining ArtsPool, a cooperative that provides robust financial and workforce services to small organizations like ours. In October 2024, RECONSTRUCTING, our collectives major new work of theater about race and intimacy, had its first public showings at BAM as a part of Emerging Visions, a pilot initiative of the Next Wave festival. These public performances were the culmination of a 7-week intensive, during which we finished, staged, and teched the show through residencies at Mercury Store, Target Margin, and BAM. Our run at BAM sold out within weeks of going on sale, attracted great press attendance, and was named one of Vultures Shows We Cant Wait to See This Fall. Through these public showings, RECONSTRUCTING reached 1,000+ audience members, including longtime TEAM fans, BAMs audiences, and educational groups (from a high school theater ensemble to CUNY science majors). Dozens of national presenters and NYC producing institutions attended and followed up afterwards to discuss opportunities to support or program the piece in future seasons. Petri Projects, the TEAMs development lab, provides financial and producorial support to new theatrical works by artists in our community, where there is a field-wide lackfor early-stage projects and experimental and marginalized voices. Petri has proven itself to be a crucial offering in the New York City new work development pipeline. Several works that started with Petri have gone on to full productions at leading Off-Broadway institutions. This year, James Harrison Monacos TRAVELS, which received its first funding from Petri, made its world premiere at Ars Nova, and Flako Jimenezs MERCEDES premiered at BAM. In the 24-25 season we devoted an additional $20K to build out the to include our rigorous panel process, a community-centric cohort experience, and a celebratory culminating eventall to keep pace with the growing application pool and value of the program to our artists and audiences. Since 2017, Petri has funded 40+ projects, with66% le.The 24-25 cohort includes: Ato Blankson-Wood, Eric Emauni, Amyra Len, Curtis Holland, Leo Lion, and newly instated Petri Process Director Libby King.Projects ranged from an opera tracing a Black womans experience of medical racism to a movement-based meditation on the art of being a mom. The year culminated with the Petri Potluck, where audiences witnessed excerpts from all 24-25 Petri artists, including an opera on endometriosis, a dance embodying the mundanities and miracles of motherhood, and a Dionysian monologue. The event was held at the Bushwick Starr and was completely sold out.LIVE FROM MOUNT OLYMPUS: Produced in partnership with the Onassis Foundation and written by Nathan Yungerberg, LFMO is a free theatrical podcast that offers contemporary retellings of Greek myths, made accessible by telling them through a diverse cast of voices and colloquial 21st century language. Named one of the Best Podcasts for Kids by the LA Times, LFMO has reached almost 2 million total downloads nationally. In 2024, the series was educationally licensed with inquirED, an organization introducing inquiry-based learning to classrooms, and is now accessible in 1,600 schools across the US.In 2024-25, we released LFMOs 6th seasons, which tells the story of Theseus and Ariadne. The cast of over 30 voice actors featured a mix of veteran TEAM artists, including the legendary Andr De Shields, and young performers from Epic Theater Ensemble, an org that offers theater training to high school and college-aged students from Harlem and the South Bronx. Through this relationship with Epic, LFMO strengthens the pipeline of young actors working to make a career in theater and voice acting, and fosters a much-needed opportunity for intergenerational exchange around the themes in Greek Mythology that still resonate today. LFMO is available on all major podcast platforms. WORKSHOPS: In late 2024, we offered a Self-Producing for Artists and Ensembles workshop at ART/NYs South Oxford Space in Brooklyn. This 3-hour session, led by TEAM Producing Director Emma Orme and industry guest John Del Gaudio, focused on demystifying the budgeting process and offered tools including budget templates and best practices. 15 artists participated, and tickets started at $10. We also partnered with Onassis and the Center for Fiction to offer 2 workshops for kids aged 7-12 as part of their NEA Big Reads weekend. The first-ever live events based on our podcast, Become a Monster, a God and a Hero with Live from Mount Olympus included an Acting and a Writing workshop led by Julie Burstein (Creator & Showrunner), Nathan Yungerberg, Emma Orme, and actors Libby King, Sean Carvajal, and Nedra Marie Taylor. These workshops, which took place at the Center for Fiction in Brooklyn, taught 30 kids (and 50+ parents that attended with them) how to become characters from the podcast and build their own stories around them.
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 October 13, 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 November 6, 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 October 13, 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 October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2008.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 November 4, 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.