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Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2013.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
86 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
3 people listed on the 990.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Educates about cultures through films, social work, and art, funding artists to share their work.
Questions for Two Chairs INC
Your first name shows with your question. Two Chairs INC answers here, for everyone.
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Song of the North (theatrical Play)
We have continued to tour our theatrical production, which premiered at the Brooklyn Academy of Music March 5, 2022. The 85-minute show incorporates puppets, shadow casters, music, and animation and is based on the 10th century epic poem Shahnameh.
Prince of Sorrows Theatrical Symphonic Tale
This year we started production on a new theater piece. We are currently in production with an expected premierre in 2026.
Book Publishing Fund
We are continuing with our publishing fund to help artists publish their own books, allowing them to maintain more control over their work. We help raise funds for the cost of the book and then retain some portion of the profits for additional reprints.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $178K | $118K |
| Land, buildings, equipmentLn 10c | $8K | $7K |
| Total assetsLn 16 | $186K | $125K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $186K | $125K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Legal feesLn 11b | $1K | $1K | ||
| Accounting feesLn 11c | $7K | $7K | ||
| Office expensesLn 13 | $4K | $4K | ||
| OccupancyLn 16 | $30K | $30K | ||
| TravelLn 17 | $34K | $32K | $2K | |
| Depreciation, depletion and amortizationLn 22 | $1K | $1K | ||
| InsuranceLn 23 | $5K | $911 | $4K | |
| Other expenses (24a–d)Ln 24 | $427K | $376K | $51K | |
| All other expensesLn 24e | $2K | $2K | $616 | |
| Total functional expensesLn 25 | $512K | $443K | $69K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $457K | $512K | −$55K | $125K | 990 PDF |
| FY2023 | $401K | $264K | $137K | $186K | 990 PDF |
| FY2022 | $266K | $329K | −$63K | $51K | 990 PDF |
| FY2021 | $264K | $241K | $23K | $114K | 990 PDF |
| FY2020 | $114K | $43K | $71K | $91K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $456,783 revenue, 12 lines filed
Part VI · Governance 3 of 3 board members independent, 4 to look at
Part VIII · Statement of revenue $456,783 across 6 lines filed
Part IX · Statement of functional expenses $512,210 across 9 lines filed
Part X · Balance sheet $124,972 assets, 7 lines filed
Part XI · Reconciliation of net assets $124,972 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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