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New York BBB Wise Giving Report for
Theatre for a New Audience

A BBB Accredited charity

 


  • Meets all standards

Expiration Date:
11/2014
Name:
Theatre for a New Audience
Address:
154 Christopher Street
Suite 3D
New York, NY 10014
Phone:
212-229-2819
Web Site:
Year, State Incorporated:
1983, New York
Affiliates:
None
Stated Purpose:
" The mission of Theatre for a New Audience is to develop and vitalize the performance and study of Shakespeare and classic drama. "






Evaluation Conclusions
 

              
Theatre for a New Audience (TFNA) meets the 20 Standards for Charity Accountability.




Programs
 

              
Theatre for a New Audience produces Shakespeare and classic drama for audiences Off-Broadway and tours nationally and internationally. The Theatre collaborates with other organizations and leads the Actors and Directors Project, a mentoring program to support the development of American classic theatre artists. The Theatre also plays a civic role by bonding the diverse community of New York to the language, pleasures, and issues of Shakespeare and classic drama. The Theatre sustains the largest in-depth program in New York City's Public Schools for introducing Shakespeare and classic drama by providing teachers with professional development, placing artists in residence in classrooms, and bringing students to matinee performances.



Governance
 

              
Chief Executive Officer:
Jeffrey Horowitz, Founding Artistic Director, President & CEO
Compensation*:
$191,227
Chair of the Board:
Henry Christensen III
Chair's Profession / Business Affiliation:
McDermott Will & Emery
Board Size:
25
Paid Staff Size:
18



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




Fund Raising
 

              
Method(s) Used:


Direct mail appeals, invitations to fund raising events, print advertisements (newspapers, magazines, etc.), grant proposals, internet
Fund raising costs were 8.7% of related contributions. (Related contributions, which totaled $3,796,213, 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.




Financial
 

              
The following information is based on TFNA's Audited Financial Statements for the fiscal year ended August 31, 2011.

Source of Funds  

Box office revenue

$1,737,404

Foundations and trusts - public support

1,497,000

Endowment Support - Foundations and public support

653,435

Special Events Revenue

574,755

Government support

335,039

Board - public support

290,590

Capital Project Support

211,957

Individuals - public support

168,592

Education revenue

60,454

Corporations - public support

54,500

Dividend income

40,000

Miscellaneous

21,792

Donated services and materials

10,345

Interest income

9,097

Total Income

$5,664,960

Program Expenses  

Performances and education (excluding depreciation of $5860 in 2011 and $4428 in 2010)

$2,974,025
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses
Other Expenses

Total expenses

Income in Excess of Expenses

2,974,025
331,684
383,215
785,580

$4,474,504

$1,190,456




Uses of Funds as a % of Total Expenses


Programs: 67%  Fund Raising: 7%  Administrative 9%  Other Expenses: 18%
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $8,924,933
Ending net assets 10,115,389
Total liabilities 383,273

Total assets

$10,498,662


* Included in Income is support for the organization’s Capital Project and Endowment, as well as gifts restricted for future programs. Included in Other Expenses are Capital Project expenses. Note that the organization’s operating budget is balanced each year through Board-approved fund transfers.





 

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