New Performance Traditions EIN 52-1055738 Form 990 (PDF) Claim this org

New Performance Traditions FY2024 filing

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Creates innovative, engaging performances reaching high artistic standards for the arts community. For fiscal year 2024 it reported $920K in revenue, $986K in expenses, and $1.3M in net assets.Pt I

Founded
1976
Type
Public charity (501(c)(3)) · Arts & Culture
Location
San Francisco, CA
Website
dresherensemble.org
Filings
5 on file (2020–2024)
Revenue
$920KFY2024
Expenses
$986K
Net assets
$1.3M
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  52-1055738 Public charity (501(c)(3)) San Francisco, CA Founded 1976
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2024) →
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Size
$1–10M
What they do
Creates innovative, engaging performances reaching high artistic standards for the arts community.
Leadership
Dominique Pelletey · Executive Director · $64K
Money in and out
$920K revenue, $986K expenses
Bottom line
78% program efficiency
Where the money goes · FY2024
Total revenue
$920K
Pt VIII · Ln 12
Total expenses
$986K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$66K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.09 Fundraising $0.13
Program efficiency
78%
of spending reaches programs
Operating runway
5.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
-7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$920K
FY2024▲ +1%
Expenses
$986K
FY2024▲ +19%
Total assets
$1.3M
FY2024▼ -5%
Total liabilities
$20K
FY2024▼ -3%
Total revenue
$920K
Pt VIII · Ln 12
Total expenses
$986K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$66K
Total assetsPt X · Ln 16$1.3M
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $766K of program spending, described in the organization's own filed words · FY2023.
01

Production support and fiscal sponsorship for local performing artists and arts groups. Production support includes providing free or affordable rehearsal and production space to local artists and arts groups, honoraria, and administrative and technical resources.

$399Kprogram expense
02

Production and performance of interdisciplinary performing arts and opera, locally, nationally, and internationally. Paul Dresher was commissioned to compose a new work for the Margaret Jenkins Dance Company this year. The organization produced the world premiere of multidisciplinary work, The Rebirth of Apsara.

$321Kprogram expense
03

Composition, commissioning, and performance of contemporary classical music. Sales of recorded works via mail order and digital platforms.

$47Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNew Performance Traditions
EINHdr · item D52-1055738
Principal addressHdr · item CSan Francisco, CA
WebsiteHdr · item Jdresherensemble.org
Year of formationHdr · item L1976
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A680)
Ruling yearIRS BMFJun 1976

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$64,000Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Dominique Pelletey’s $64K as Executive Director is at the 9th percentile of top reported officer pay among 3916 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Dominique Pelletey$64,000$64,000$64,000$53,333$48,000$48,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$648K · 70%
Program service revenue$244K · 26%
Investment income$25K · 3%
Contributions & grants70%$648K
Program service revenue26%$244K
Investment income3%$25K
Other revenue$4K
— government grantsLn 1e$92K
Total revenueLn 12$920K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.09 Fundraising $0.13
Program services78%$766K
Management & general9%$89K
Fundraising13%$131K
Total functional expensesLn 25$986K

Balance Sheet

Part X · end of year
CashLn 1$462K
Total assetsLn 16$1.3M
Total liabilitiesLn 26$20K
Total net assetsLn 32$1.3M
Months of cash on handcomputed5.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $462K · Operating expenses/yr $986K
5.6 months
Where the money goes
Program services
Program services $766K · Total expenses $986K
78%
Management & General
Management & general $89K · Total expenses $986K
9%
Fundraising
Fundraising $131K · Total expenses $986K
13%
Cost to raise $1
Fundraising expense (3-yr avg) $84K · Solicited contributions (3-yr avg) $706K
$0.12 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $648K · Total revenue $920K
70%
Government reliance
Government grants $92K · Total revenue $920K
10%
Earned-income share
Program service revenue $244K · Total revenue $920K
26%
Investment reliance
Investment income $25K · Total revenue $920K
+3%
Program self-sufficiency
Program service revenue $244K · Total expenses $986K
25%
Growth & trend
Revenue growth (YoY)
This year $920K · Prior year $910K
+1%
Revenue CAGR
FY2019 $515K · FY2023 $920K
+16%
Net-asset trend (YoY)
End of year $1.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $920K · Expenses $986K
-7%
Liabilities-to-Assets
Total liabilities — · Total assets $1.3M
Net-asset ratio
Net assets $1.3M · Total assets $1.3M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.3M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Dominique Pelletey · Reported title Executive Director · Highest reported compensation $64K · Total expenses $986K
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $205K · Total expenses $986K
21%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 9%
Fundraising cost ratio 20%
Revenue growth 1%
Legal fee ratio 0.4%
Accounting fee ratio 0.4%
Fundraising fee ratio 8%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 11 funders →
Grants paid · 2 grants · $270K · 2023–2024
Unitemized GrantFY2024$237,389
Unitemized GrantFY2023$32,900

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$920K revenue · viewing · ⤓ 990 PDF
FY2023$910K revenue · ⤓ 990 PDF
FY2022$1.5M revenue · ⤓ 990 PDF
FY2021$581K revenue · ⤓ 990 PDF
FY2020$515K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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