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World Trade Center Performing Arts Center Inc

EIN 45-5316035 · New York, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair65 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

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.

Income
$94.2 million
Spending
$34.0 million
Spent on programs
78%
Reserves
-0.1 months of spending
Largest source of income
donations and private grants, 97%
Employees
0
Volunteers
36

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: 65 out of 100. Higher than 36% of charities in its peer group (arts and culture, $10m to $100m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    20 of 20

    It owes 1% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 64% of income.

  • Income trend

    15 of 15

    Income rose 184% on the year before.

  • Spending floor

    15 of 15

    78% 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

Strong: 100 out of 100. Higher than 34% of charities in its peer group (arts and culture, $10m to $100m).

  • Independent board

    25 of 25

    33 of 33 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports 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)
  1. $20.3 million spent. 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.
  2. $5.4 million spent. CIVIC 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.
  3. $902,518 spent. LOBBY 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.

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

  1. 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.

  2. 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 October 13, 2026.

  3. 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.

  4. 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.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 2014.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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 21, 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.