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New York BBB Wise Giving Report for
Roundabout Theatre Company

A BBB Accredited charity


Expiration Date:
Roundabout Theatre Company
231 West 39th Street 12th Floor
New York, NY 10018
Year, State Incorporated:
1965, New York
Stated Purpose:
" For the past 46 years, Roundabout's mission has been to provide a nurturing artistic home for theatre artists at all stages of their careers where the widest possible audience can experience their work at affordable prices. Roundabout fulfills its mission each season through the revival of classic plays and musicals, development and production of new works by established playwrights and emerging writers; educational initiatives that enrich the lives of children and adults; and a subscription model and audience outreach programs that cultivate loyal audiences. As the 18th largest not-for-profit cultural institution in New York City (and one of the largest not-for-profit theatres in the country), RTC reaches an annual audience over 600,000 and impacts over 6,000 students. RTC is a recognized industry leader with significant impact on New York City's theatre landscape. Roundabout productions have earned 29 Tony Award and 39 Drama Desk Awards. "

Evaluation Conclusions

Roundabout Theatre Company meets the 20 Standards for Charity Accountability.


RTC's School Partnerships comply with federal, state and city arts learning standards, including programming alignment with the NYC Department of Education's Blueprint for Arts Learning and the NY State standards intiative. Our Executive Director serves on the NYC Department of Education's Arts Education advisory task force. RTC strives to use theatre to enhance teacher practice and deepen student learning. Planning begins over the summer, working directly with principals to set objectives and implementation structure. Once in the implementation phase, teachers and Teaching Artists meet prior to every classroom visit to continue tweaking objectives.


Chief Executive Officer:
Mr. Todd Haimes, President / Artistic Director
Chair of the Board:
Mr. Thomas E. Tuft
Chair's Profession / Business Affiliation:
Chairman / Global Capital Markets Advisory Lazard Freres & Co. LLC
Board Size:
Paid Staff Size:

Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Fund Raising

Method(s) Used:

Direct Mail Appeals, Invitations To Fundraising Events, Grant Proposals, Planned Giving Arrangements.
Fundraising costs were 12.9% of related contributions. (Related contributions, which totaled $19,623,210, are donations received as a result of fund raising activities.)

Tax Status

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.


The following information is based on Roundabout Theatre Company's Audited Financial Statements for the fiscal year ended August 31, 2013.

Source of Funds  

Admissions and subscriptions


Grants and contributions


Contracted touring fees


Special event revenue less: Direct benefit to donors


Rental income


Net investment income


Other income


Total Income


Program Expenses  

Studio 54


American Airlines Theatre


Extended Programming


Steinberg Center


Education and Other Programs

Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income




Uses of Funds as a % of Total Expenses

Programs: 92%  Fund Raising: 4%  Administrative 4% 
Roll the cursor over the pie chart to see the dollar amounts.

Beginning net assets $74,202,972
Ending net assets 72,186,247
Total liabilities 30,256,267

Total assets



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