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Arts, Culture, Humanities : Performing Arts

Apollo Theater Foundation

Preserving and developing the legendary Apollo Theater

three stars

88.71

253 West 125th Street New York, NY 10027
tel: (212) 531-5356   Web Site
EIN: 13-3630066

Board Leadership
Richard D. Parsons
Chairman

CEO
Jonelle Procope
President and CEO

  Score
(out of 100)
Rating
Overall Score & Rating 88.71 three stars
  Financial 88.44 three stars
  Accountability & Transparency 89.00 three stars
This rating was published 11/01/2017 and includes data from FY2016, the most recent 990 received at that time.

Founded in 1991, The Apollo Theater Foundation supports, fosters and assists in the development and promotion of interest in musical and performance arts, film, video, theatre arts, dance and drama. The Foundation manages the historic Apollo Theater, a strong force in the Harlem community, hosting a number of special events, including health fairs, daily Apollo Historical Tours, community arts initiatives, and talent showcase competitions for seniors and for children. The Apollo averages six events a week, including performing arts, community programs, concerts, and special events. Drawing 1.3 million visitors annually, Harlem is Manhattan's third most popular tourist destination, and the Apollo remains Harlem's top attraction.

Founded in 1991, The Apollo Theater Foundation supports, fosters and assists in the development and promotion of interest in musical and performance arts, film, video, theatre arts, dance and drama. The Foundation manages the historic Apollo Theater, a strong force in the Harlem community, hosting a number of special events, including health fairs, daily Apollo Historical Tours, community arts initiatives, and talent showcase competitions for seniors and for children. The Apollo averages six events a week, including performing arts, community programs, concerts, and special events. Drawing 1.3 million visitors annually, Harlem is Manhattan's third most popular tourist destination, and the Apollo remains Harlem's top attraction.

Financial

three stars

88.44

Accountability & Transparency

three stars

89.00

This rating was published 11/01/2017 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
78.6%
  Administrative Expenses 8.9%
  Fundraising Expenses 12.3%
  Fundraising Efficiency $0.23
  Working Capital Ratio (years) 2.95
  Program Expenses Growth 5.8%
  Liabilities to Assets 5.0%
All data for Financial Performance Metrics calculations was provided by Apollo Theater Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Apollo Theater Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Apollo Theater Foundation (NY) 88.71 three stars
Bryn Mawr Film Institute (PA) 94.15 four stars
La Jolla Music Society (CA) 88.71 three stars
Film Forum (NY) 87.03 three stars
Celebrity Series of Boston (MA) 88.72 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,877,020
   Federated Campaigns $0
   Membership Dues $155,037
   Fundraising Events $4,311,602
   Related Organizations $0
   Government Grants $110,799
Total Contributions $7,454,458
   Program Service Revenue $4,337,633
Total Primary Revenue $11,792,091
   Other Revenue $2,028,497
TOTAL REVENUE $13,820,588
   
EXPENSES  
   Program Expenses $11,232,481
   Administrative Expenses $1,277,152
   Fundraising Expenses $1,850,399
TOTAL FUNCTIONAL EXPENSES $14,360,032
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-539,444
   
Net Assets $41,341,065

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Performing Arts and Entertainment Programs $8,653,844 77.0%
Education, Community, and Family Programming $2,578,637 23.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-06 11/01/2017 88.71 three stars
2015-06 11/01/2016 90.88 four stars
2014-06 06/01/2016 89.05 three stars
 
CN 2.0
2014-06 09/01/2015 88.93 three stars
2013-06 10/01/2014 85.95 three stars
2012-06 08/01/2013 88.88 three stars
2011-06 05/01/2012 78.45 two stars
2010-06 09/20/2011 85.15 three stars
 
CN 1.0
2010-06 06/01/2011 81.31 three stars
2009-06 10/01/2010 75.42 two stars
2008-06 10/01/2009 79.23 two stars
2007-06 03/01/2009 67.82 one star
2006-06 08/01/2007 84.87 three stars
2005-06 10/01/2006 85.13 three stars
2004-06 10/01/2005 90.43 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-3630066
Name in IRS Master File THE APOLLO THEATER FOUNDATION INC
NTEE Code A60
NTEE Classification Performing Arts Organizations
NTEE Type Arts, Culture and Humanities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (90) Cultural performances
(994) Described in section 170(b)1)(a)(vi) of the Code
(123) Discussion groups, forums, panels lectures, etc.
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date November, 1991
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
  • June, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title
$266,106 1.85% Jonelle Procope President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Apollo Theater Foundation (NY) 88.71 three stars
Film Forum (NY) 87.03 three stars
Segerstrom Center for the Arts (CA) 88.63 three stars
The Ark (MI) 88.98 three stars
American Cinematheque (CA) 85.16 three stars

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Charity Contact Info

Apollo Theater Foundation
253 West 125th Street
New York, NY 10027
tel: (212) 531-5356
EIN: 13-3630066

Visit Web Site

Board Leadership

Richard D. Parsons
Chairman

CEO

Jonelle Procope
President and CEO

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