Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2002.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
65 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
8 people listed on the 990; $72K paid to officers and key staff.
Sahar Assaf’s $72K as Exec Artist Dir is at the 67th percentile of top reported officer pay among 2216 $100K–1M 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 · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Sahar Assaf | $72,000 | $72,181 | $72,500 | $45,769 | — |
| Torange Yeghiazarian | — | — | — | $57,227 | $63,000 |
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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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
Stages plays from or about the Middle East, fostering cultural understanding.
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FULL-LENGTH PLAYS AND NEW PLAY DEVELOPMENT (Mainstage and New Threads) In addition to the production of full-length plays, Golden Thread ensures the discovery and development of new playwrights and plays through commissions and development programs such as readings and workshops.
COMMUNITY OUTREACH EVENTS (Womens Day, General Artistic, Fiscal Sponsorship) Golden Thread celebrates International Womens Day each year with What Do the Women Say?, a curated evening highlighting the works of Middle Eastern women artists.
REORIENT FESTIVAL AND FORUM (ReOrient) The ReOrient Festival of Short Plays was inaugurated in 1999 to present alternative perspectives of the Middle East and to showcase the multiplicity of stories, voices and styles from the region and has since becomes Golden Threads most recognized and celebrated program.
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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 | $375K | $246K |
| InvestmentsLn 11–13 | $0 | |
| Land, buildings, equipmentLn 10c | $0 | |
| Total assetsLn 16 | $705K | $390K |
| LiabilitiesLn 26 | $61K | $17K |
| Net assetsLn 32 | $644K | $373K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $0 | |||
| Grants to domestic individualsLn 2 | $0 | |||
| Grants and assistance to foreign recipientsLn 3 | $0 | |||
| Benefits paid to or for membersLn 4 | $0 | |||
| Pay of current officers, directors and key staffLn 5 | $72K | $71K | $1K | |
| Pay of disqualified personsLn 6 | $0 | |||
| Other salaries and wagesLn 7 | $238K | $107K | $101K | $30K |
| Pension plan contributionsLn 8 | $0 | |||
| Other employee benefitsLn 9 | $27K | $17K | $8K | $2K |
| Payroll taxesLn 10 | $46K | $17K | $27K | $1K |
| Management feesLn 11a | $0 | |||
| Legal feesLn 11b | $0 | |||
| Accounting feesLn 11c | $12K | $12K | ||
| Lobbying feesLn 11d | $0 | |||
| Professional fundraising feesLn 11e | $0 | |||
| Investment management feesLn 11f | $0 | |||
| Other fees for servicesLn 11g | $133K | $111K | $23K | |
| Advertising and promotionLn 12 | $3K | $2K | $1K | |
| Office expensesLn 13 | $23K | $15K | $6K | $2K |
| Information technologyLn 14 | $0 | |||
| RoyaltiesLn 15 | $5K | $5K | ||
| OccupancyLn 16 | $46K | $41K | $3K | $2K |
| TravelLn 17 | $0 | |||
| Travel and entertainment for public officialsLn 18 | $0 | |||
| Conferences, conventions and meetingsLn 19 | $2K | $2K | ||
| InterestLn 20 | $0 | |||
| Payments to affiliatesLn 21 | $0 | |||
| Depreciation, depletion and amortizationLn 22 | $0 | |||
| InsuranceLn 23 | $4K | $3K | $861 | $431 |
| Other expenses (24a–d)Ln 24 | $36K | $32K | $4K | $474 |
| All other expensesLn 24e | $0 | |||
| Total functional expensesLn 25 | $646K | $419K | $188K | $39K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $375K | $646K | −$271K | $373K | 990 PDF |
| FY2023 | $491K | $666K | −$174K | $644K | 990 PDF |
| FY2022 | $665K | $612K | $53K | $819K | 990 PDF |
| FY2021 | $548K | $348K | $201K | $766K | 990 PDF |
| FY2020 | $813K | $331K | $482K | $565K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $374,921 across 11 lines filed
Part IX · Statement of functional expenses $645,955 across 31 lines filed
Part X · Balance sheet $390,285 assets, 20 lines filed
Part XI · Reconciliation of net assets $373,431 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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