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Nonprofit · EIN 45-5316035

WORLD TRADE CENTER PERFORMING ARTS CENTER INC

Tax-exempt · NEW YORK, NY 10006

Financials

$33M$44.3M2023$33.2M$79.4M2024$94.2M$34M2024
Revenue Expenses · by fiscal year end
Financials of WORLD TRADE CENTER PERFORMING ARTS CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$94,179,063$33,957,853$60,221,210$555,550,013$6,950,728$548,599,285
December 31, 2024990$33,187,548$79,444,144-$46,256,596$576,054,189$88,754,715$487,299,474
December 31, 2023990$33,042,709$44,258,009-$11,215,300$592,002,023$53,745,928$538,256,095
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$91,088,670
of which government grants
$1,704
Program service revenue
$629,964
Investment income
$32,501
Royalties
$28,850
Net rental income
$726,819
Net gain from sales of assets
$19,093
Net income from sales of inventory
$1,669,363
Other revenue
$2,427,928

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$801,202
Other salaries and wages
$6,720,335
Salaries, compensation and benefits (total)
$9,902,867
Professional fundraising fees
$84,000
Legal fees
$108,636
Accounting fees
$28,628
Occupancy
$4,042,423
Travel
$62,645
Depreciation
$12,211,896
Program services (functional)
$26,600,625
Management and general (functional)
$5,574,255
Fundraising (functional)
$1,782,973

Balance sheet and other

Total assets, start of year
$576,054,189
Total assets, end of year
$555,550,013
Total liabilities, end of year
$6,950,728
Net assets, end of year
$548,599,285
Land, buildings and equipment
$469,368,233
Net assets without donor restrictions
$469,138,830
Net assets with donor restrictions
$79,460,455
Gross unrelated business income
$1,842,391
Gross receipts
$96,437,344
Employees
0
Volunteers
36
Year formed
2012
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL R BLOOMBERGCHAIR
Trustee or director, Officer
2$0
DOMINIC CASSERLEYVICE-CHAIR AND TREASURER
Trustee or director, Officer
2$0
PETER H DARROWVICE-CHAIR
Trustee or director, Officer
2$0
EDWARD P HENRYSECRETARY
Trustee or director, Officer
2$0
FRANK BISIGNANODIRECTOR THRU MAY 2025
Trustee or director
1$0
RIC CLARKDIRECTOR
Trustee or director
1$0
STEVEN M COHENDIRECTOR
Trustee or director
1$0
STEPHEN DALDRYDIRECTOR
Trustee or director
1$0
ANNA DEAVERE SMITHDIRECTOR
Trustee or director
1$0
MICHAEL DOUGLASDIRECTOR
Trustee or director
1$0
DAVID EARLSDIRECTOR
Trustee or director
1$0
HAROLD FORD JRDIRECTOR
Trustee or director
1$0
PATRICIA E HARRISDIRECTOR
Trustee or director
2$0
REV PHILLIP A JACKSONDIRECTOR
Trustee or director
1$0
VAN JONESDIRECTOR
Trustee or director
1$0
23 more people on this return
NameTitleHours / weekCompensation
KATY KNIGHTDIRECTOR
Trustee or director
1$0
MARTHA LIVINGSTONDIRECTOR
Trustee or director
1$0
ZENIA MUCHADIRECTOR
Trustee or director
1$0
HON ELLEN NACHTIGALL BIBENDIRECTOR
Trustee or director
1$0
MARY KATHRYN NAGLEDIRECTOR
Trustee or director
1$0
INDRA NOOYIDIRECTOR
Trustee or director
1$0
MAURICE OBEIDDIRECTOR
Trustee or director
1$0
GREGORY G OLAFSONDIRECTOR
Trustee or director
1$0
BLESSING OMAKWU ESQDIRECTOR THRU MAY 2025
Trustee or director
1$0
IAN OSBORNEDIRECTOR
Trustee or director
1$0
RONALD O PERELMANDIRECTOR
Trustee or director
1$0
SAMANTHA PERELMANDIRECTOR
Trustee or director
1$0
SCOTT RECHLERDIRECTOR
Trustee or director
1$0
EDWARD SKYLERDIRECTOR
Trustee or director
1$0
LARRY A SILVERSTEINDIRECTOR
Trustee or director
1$0
SUSAN STROMANDIRECTOR
Trustee or director
1$0
MARY ANN TIGHEDIRECTOR
Trustee or director
1$0
MARIA TORRES-SPRINGERDIRECTOR
Trustee or director
1$0
ROBIN VINCEDIRECTOR
Trustee or director
1$0
VALERIE WILPONDIRECTOR
Trustee or director
1$0
KHADY KAMARAEXECUTIVE DIRECTOR
Officer
40$0
RABIYA AKHTARDIRECTOR OF FINANCE AS OF JAN 2025
Officer
40$0
MAXIM SEMIGLAZOVDIRECTOR OF FINANCE, CONSTRUCTION
Officer
40$0
990 for the year ended December 31, 2024: 45 people
NameTitleHours / weekCompensationOther / benefits
WILLIAM PAUL RAUCHARTISTIC DIRECTOR
Key employee
40$1,146,840$65,749
KHADY KAMARAEXECUTIVE DIRECTOR
Officer
40$938,811$41,133
WARREN ELLIOTT ELGHANAYANVP OF CONSTRUCTION
Key employee
40$622,420$72,479
LESLIE GAIL KOCH PRESIDENTOF CONSTRUCTION THRU OCT 2024
Officer
40$553,522$20,925
JAMES CONNORSDIRECTOR OF OPERATIONS
Key employee
40$478,034$23,176
FRANK LAPERASIR. DIR OF PROJECT DEVELOPMENT
Highest-paid employee
40$289,142$25,240
CHRISTOPHER GATEAUSENIOR PROJECT MANAGER
Highest-paid employee
40$277,077$35,690
MAXIM SEMIGLAZOVDIR. OF FINANCE & COMPTROLLER
Officer
40$248,744$29,045
HAWLEY BETH ABELOWDIR. OF MARKETING & COMMUNICATIONS
Highest-paid employee
40$210,657$12,147
STEPHANIE BREE COPLEYDIR. OF PEOPLE & CULTURE
Highest-paid employee
40$203,794$12,541
MARVIN GIUZIODIR. OF SECURITY & FIRE LIFE SAFETY
Highest-paid employee
40$192,131$14,973
MICHAEL R BLOOMBERGCHAIR
Trustee or director, Officer
2$0$0
DOMINIC CASSERLEYVICE-CHAIR AND TREASURER
Trustee or director, Officer
2$0$0
PETER H DARROWVICE-CHAIR
Trustee or director, Officer
2$0$0
EDWARD P HENRYSECRETARY
Trustee or director, Officer
2$0$0
FRANK BISIGNANODIRECTOR
Trustee or director
1$0$0
RIC CLARKDIRECTOR
Trustee or director
1$0$0
STEVEN M COHENDIRECTOR
Trustee or director
1$0$0
STEPHEN DALDRYDIRECTOR
Trustee or director
1$0$0
ANNA DEAVERE SMITHDIRECTOR
Trustee or director
1$0$0
MICHAEL DOUGLASDIRECTOR
Trustee or director
1$0$0
DAVID EARLSDIRECTOR
Trustee or director
1$0$0
HAROLD FORD JRDIRECTOR
Trustee or director
1$0$0
PATRICIA E HARRISDIRECTOR
Trustee or director
2$0$0
REV PHILLIP A JACKSONDIRECTOR
Trustee or director
1$0$0
VAN JONESDIRECTOR
Trustee or director
1$0$0
KATY KNIGHTDIRECTOR
Trustee or director
1$0$0
MARTHA LIVINGSTONDIRECTOR
Trustee or director
1$0$0
ZENIA MUCHADIRECTOR
Trustee or director
1$0$0
HON ELLEN NACHTIGALL BIBENDIRECTOR
Trustee or director
1$0$0
MARY KATHRYN NAGLEDIRECTOR
Trustee or director
1$0$0
INDRA NOOYIDIRECTOR
Trustee or director
1$0$0
MAURICE OBEIDDIRECTOR
Trustee or director
1$0$0
GREGORY G OLAFSONDIRECTOR
Trustee or director
1$0$0
BLESSING OMAKWU ESQDIRECTOR
Trustee or director
1$0$0
IAN OSBORNEDIRECTOR
Trustee or director
1$0$0
RONALD O PERELMANDIRECTOR
Trustee or director
1$0$0
SCOTT RECHLERDIRECTOR
Trustee or director
1$0$0
EDWARD SKYLERDIRECTOR
Trustee or director
1$0$0
LARRY A SILVERSTEINDIRECTOR
Trustee or director
1$0$0
SUSAN STROMANDIRECTOR
Trustee or director
1$0$0
MARY ANN TIGHEDIRECTOR
Trustee or director
1$0$0
MARIA TORRES-SPRINGERDIRECTOR
Trustee or director
1$0$0
ROBIN VINCEDIRECTOR
Trustee or director
1$0$0
VALERIE WILPONDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 44 people
NameTitleHours / weekCompensationOther / benefits
WILLIAM RAUCHARTISTIC DIRECTOR
Key employee
40$1,188,925$64,056
WARREN ELLIOTT ELGHANAYANVP OF CONSTRUCTION
Key employee
40$590,249$76,889
KHADY KAMARAEXECUTIVE DIRECTOR
Officer
40$579,418$37,033
LESLIE KOCH PRESIDENT CEOTHRU FEB 2023/PRESIDENT OF CONSTRUCTION
Officer
40$555,905$30,479
JAMES CONNORSDIRECTOR OF OPERATIONS
Key employee
40$458,872$33,090
FRANK LAPERASIR. DIR OF PROJECT DEVELOPMENTS
Highest-paid employee
40$444,596$27,292
CHRISTOPHER GATEAUSENIOR PROJECT MANAGER
Highest-paid employee
40$426,979$36,825
MAXIM SEMIGLAZOVDIR. OF FINANCE & COMPTROLLER
Highest-paid employee
40$287,747$21,174
ROBERT JOHN PILONSENIOR ADVISOR
Highest-paid employee
40$258,086$40,163
GEORGE COOPERDIRECTOR OF DESIGN
Highest-paid employee
40$282,413$13,283
MICHAEL R BLOOMBERGCHAIR
Trustee or director, Officer
2$0$0
DOMINIC CASSERLEYVICE-CHAIR AND TREASURER
Trustee or director, Officer
2$0$0
PETER H DARROWVICE-CHAIR
Trustee or director, Officer
2$0$0
EDWARD P HENRYSECRETARY
Trustee or director, Officer
2$0$0
FRANK BISIGNANODIRECTOR
Trustee or director
1$0$0
RIC CLARKDIRECTOR
Trustee or director
1$0$0
STEVEN M COHENDIRECTOR
Trustee or director
1$0$0
STEPHEN DALDRYDIRECTOR
Trustee or director
1$0$0
ANNA DEAVERE SMITHDIRECTOR
Trustee or director
1$0$0
MICHAEL DOUGLASDIRECTOR
Trustee or director
1$0$0
DAVID EARLSDIRECTOR
Trustee or director
1$0$0
ARIEL EMANUELDIRECTOR
Trustee or director
1$0$0
HAROLD FORD JRDIRECTOR
Trustee or director
1$0$0
PATRICIA E HARRISDIRECTOR
Trustee or director
2$0$0
REV PHILLIP A JACKSONDIRECTOR
Trustee or director
1$0$0
VAN JONESDIRECTOR
Trustee or director
1$0$0
KATY KNIGHTDIRECTOR
Trustee or director
1$0$0
MARTHA LIVINGSTONDIRECTOR
Trustee or director
1$0$0
ZENIA MUCHADIRECTOR
Trustee or director
1$0$0
HON ELLEN NACHTIGALL BIBENDIRECTOR
Trustee or director
1$0$0
MARY KATHRYN NAGLEDIRECTOR
Trustee or director
1$0$0
INDRA NOOYIDIRECTOR
Trustee or director
1$0$0
GREGORY G OLAFSONDIRECTOR
Trustee or director
1$0$0
BLESSING OMAKWU ESQDIRECTOR
Trustee or director
1$0$0
IAN OSBORNEDIRECTOR
Trustee or director
1$0$0
RONALD O PERELMANDIRECTOR
Trustee or director
1$0$0
SCOTT RECHLERDIRECTOR
Trustee or director
1$0$0
EDWARD SKYLERDIRECTOR
Trustee or director
1$0$0
LARRY A SILVERSTEINDIRECTOR
Trustee or director
1$0$0
SUSAN STROMANDIRECTOR
Trustee or director
1$0$0
MARY ANN TIGHEDIRECTOR
Trustee or director
1$0$0
MARIA TORRES-SPRINGERDIRECTOR
Trustee or director
1$0$0
ROBIN VINCEDIRECTOR
Trustee or director
1$0$0
VALERIE WILPONDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
ONE LIBERTY PLAZA 29TH FLOOR, NEW YORK, NY 10006-1404
In care of
% NOELLE LILIEN
Principal officer (990 for 2024)
KHADY KAMARA, ONE LIBERTY PLAZA 29TH FLOOR, NEW YORK, NY 10006
Signed the 990
KHADY KAMARA, EXECUTIVE DIRECTOR
Phone
(212) 266-3000
Website
PACNYC.ORG
Return prepared by
PKF O'CONNOR DAVIES ADVISORY LLC

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.

990 for the year ended June 30, 2025

Program accomplishments

  • 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.
    Expenses $20,319,195 · revenue $632,794
  • 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.
    Expenses $5,378,912 · revenue $1,778
  • 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.
    Expenses $902,518 · revenue $47

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024Check at the IRS

IRS record

EIN
45-5316035
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$555,550,013
Income (IRS master file)
$96,437,344

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$94,179,063$33,957,853$555,550,013IRS
990-TJune 2025–––IRS
990December 2024$33,187,548$79,444,144$576,054,189IRS
990-TDecember 2024–––IRS
990December 2023$33,042,709$44,258,009$592,002,023XML
990December 2022$79,386,586$8,927,388$588,355,179IRS
990December 2021$148,493,145$3,949,124$505,865,812IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-5316035).

Questions about WORLD TRADE CENTER PERFORMING ARTS CENTER INC

What is the EIN of WORLD TRADE CENTER PERFORMING ARTS CENTER INC?
The employer identification number (EIN) of WORLD TRADE CENTER PERFORMING ARTS CENTER INC is 45-5316035.
Is WORLD TRADE CENTER PERFORMING ARTS CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to WORLD TRADE CENTER PERFORMING ARTS CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WORLD TRADE CENTER PERFORMING ARTS CENTER INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WORLD TRADE CENTER PERFORMING ARTS CENTER INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WORLD TRADE CENTER PERFORMING ARTS CENTER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of WORLD TRADE CENTER PERFORMING ARTS CENTER INC?
The 990 for the year ended June 30, 2025 names KHADY KAMARA.
Who are the officers and directors of WORLD TRADE CENTER PERFORMING ARTS CENTER INC?
The 990 for the year ended June 30, 2025 lists 38 people; 0 received compensation from the organization.
How much revenue does WORLD TRADE CENTER PERFORMING ARTS CENTER INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $94,179,063, expenses of $33,957,853 and total assets of $555,550,013 at year end.

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