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New York BBB Wise Giving Report for
Manhattan Theatre Club

A BBB Accredited charity

 


  • Meets all standards

Expiration Date:
08/2014
Name:
Manhattan Theatre Club, Inc.
Address:
311 West 43rd Street
8th Floor
New York, NY 10036
Phone:
212-399-3000
Year, State Incorporated:
1970, New York
Affiliates:
MTC Productions
Stated Purpose:
" To produce a season of innovative work with a series of productions as broad and diverse as New York itself; to encourage significant new work by creating an environment in which writers and theater artists are supported by the finest professionals producing theater today; to nurture new talent in playwriting, musical composition, directing, acting and design; and to reach out to young audiences with innovative programs in education and maintain a commitment to cultivating the next generation of theater professionals. "






Evaluation Conclusions
 

              
Manhattan Theatre Club, Inc. (MTC) meets the 20 Standards for Charity Accountability.




Programs
 

              
MTC is committed to bringing theatre to the widest possible audience. Initiatives which enable MTC’s work to reach an ever-growing range of theatergoers include moving successful plays originally produced at MTC’s New York City Center home to larger Broadway or Off-Broadway venues for an extended run; originating certain productions in larger venues; collaborating with leading regional theatres to bring major new American plays to New York; and bringing student and family audiences to our theatres through the ambitious Education program.



Governance
 

              
Chief Executive Officer:
Ms. Lynne Meadow, Artistic Director
Compensation*:
$434,080
Highest Paid Executive:
Mr. Barry Grove, Executive Producer
Compensation*
: $448,074
Chair of the Board:
Mr. David C. Hodgson
Chair's Profession / Business Affiliation:
General Atlantic, LLC
Board Size:
43
Paid Staff Size:
88



*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, grant proposals.
Fund raising costs were 19.6% of related contributions. (Related contributions, which totaled $8,371,306, 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 MTC's Audited Financial Statements for the fiscal year ended June 30, 2011.

Source of Funds  

Ticket sales

$11,247,614

Contributions and grants, non-government

6,149,142

Gala, benefit and special events, net of expenses of $410,566

1,587,186

Other income

881,180

Government grants

634,978

Royalties, subsidiary rights and co-production

383,518

Total Income

$20,883,618

Program Expenses  

Programs

$16,797,754
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

16,797,754
1,642,658
1,711,155

$20,151,567

$732,051




Uses of Funds as a % of Total Expenses


Programs: 83%  Fund Raising: 8%  Administrative 9% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $35,783,919
Ending net assets 36,727,412
Total liabilities 4,989,751

Total assets

$41,717,163






 

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