Charity profile · Historical source record

New 42nd Street

Historical collection: May 2019 · Rating details mostly from 2017. Source & context

The mission

What this organization describes

Overseeing the redevelopment of 42nd Street
The New 42nd Street was established in 1990 by New York City and State to redevelop the area of 42nd Street and Times Square through the revitalization of 42nd Street's historic theaters. Under a 99-year lease, the New 42nd Street was created to assume long-term responsibility and oversight for seven historic theaters on the block; Victory, Times Square, Selwyn, Lyric, Liberty, Empire, and Apollo. From the 1995 opening of The New Victory Theater through the recent addition of the New 42nd Street Studios, theater, music, and dance professionals, as well as visitors to the City, once again have joined the flow of New Yorkers on this reinvented, reinvigorated new 42nd Street.

Mission and tagline reproduced from the source record.

Historical scorecard

Three perspectives. One record.

91.30Overall score
out of 100
89.89Financial score
out of 100
93.00Accountability & transparency
out of 100

These are the dataset’s historical numeric fields, not a current rating or a new DonorAPI.com assessment. Read the score context ↗

Financial context

Revenue, expenses, and composition

Total revenue · USD$17,963,523
Total expenses · USD$18,222,151

Program expenses

$15,816,827.07 recorded amount
86.8%

Fundraising expenses

$1,257,328.42 recorded amount
6.9%

Administrative expenses

$1,129,773.36 recorded amount
6.2%
Fundraising efficiency
$0.22 spent per $1 raised in donations, as defined in the source.

Expense shares are displayed as percentages. Component amounts in this collection match total expenses multiplied by the source ratios; rounding can leave a small difference from the total. The source does not supply a row-specific fiscal year. Field definitions ↗

Historical leadership record

The leadership information supplied

Recorded leader
Cora Cahan
Recorded compensation
$541,320.00
Recorded compensation percentage
2.97%

These fields do not establish the current officeholder or current compensation. The metadata does not specify the denominator of the leader compensation percentage. Read with context ↗

Inspect all 23 original source fields

Exact source strings are retained below, including numeric precision. A blank value is marked as not reported; zero remains zero.

All 23 original fields for New 42nd Street
Source fieldOriginal source value
ascore
Accountability & transparency score
93.0
category
Category
Arts, Culture, Humanities
description
Mission & description
The New 42nd Street was established in 1990 by New York City and State to redevelop the area of 42nd Street and Times Square through the revitalization of 42nd Street's historic theaters. Under a 99-year lease, the New 42nd Street was created to assume long-term responsibility and oversight for seven historic theaters on the block; Victory, Times Square, Selwyn, Lyric, Liberty, Empire, and Apollo. From the 1995 opening of The New Victory Theater through the recent addition of the New 42nd Street Studios, theater, music, and dance professionals, as well as visitors to the City, once again have joined the flow of New Yorkers on this reinvented, reinvigorated new 42nd Street.
ein
EIN
13-3584032
tot_exp
Total expenses
18222151.0
admin_exp_p
Administrative expense fraction
0.062
fund_eff
Fundraising efficiency ($ per $1 raised)
0.22
fund_exp_p
Fundraising expense fraction
0.069
program_exp_p
Program expense fraction
0.868
fscore
Financial score
89.89
leader
Recorded leader
Cora Cahan
leader_comp
Recorded leader compensation
541320.0
leader_comp_p
Recorded leader compensation fraction
0.0297
motto
Tagline
Overseeing the redevelopment of 42nd Street
name
Charity name
New 42nd Street
tot_rev
Total revenue
17963523.0
score
Overall score
91.3
state
State code
NY
subcategory
Subcategory
Performing Arts
size
Source size label
big
program_exp
Program expenses
15816827.068
fund_exp
Fundraising expenses
1257328.419
admin_exp
Administrative expenses
1129773.362

Source: Charity Navigator Scores Expenses Dataset, version 1, attributed to katyjqian on Kaggle. Collection: May 2019; rating details mostly from 2017. Read attribution, scope, and reuse notes.