HARTFORD, CT
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)THEATERWORKS INC, founded in 1984, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.0M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $3.4M exceeded revenue, resulting in a 14% operating deficit.
THEATERWORKS' MISSION IS TO SHARE INTIMATE STORIES THAT ENGAGE ALL AUDIENCES. IT CREATES EXCEPTIONAL CONTEMPORARY THEATER THAT ENTERTAINS, CELEBRATES NEW VOICES, AND INVITES MEANINGFUL CONVERSATIONS. ITS VISION IS TO INSPIRE A MORE MEANINGFUL CONNECTION TO EACH OTHER AND TO OUR COMMUNITY.
THE COMPANY'S ARTISTIC QUALITY AND RECORD OF ACHIEVEMENT ARE EMBODIED IN ITS HISTORY OF GROWTH AND ACCOMPLISHMENT. ITS SEASON WAS PROGRAMMED WITH 4 PRODUCTIONS TO MAKE UP A SUBSCRIPTION PACKAGE, PLUS...
THE COMPANY'S ARTISTIC QUALITY AND RECORD OF ACHIEVEMENT ARE EMBODIED IN ITS HISTORY OF GROWTH AND ACCOMPLISHMENT. ITS SEASON WAS PROGRAMMED WITH 4 PRODUCTIONS TO MAKE UP A SUBSCRIPTION PACKAGE, PLUS A HOLIDAY SHOW AVAILABLE FOR SINGLE TICKET SALES. TWH SOLD OVER 2,700 SUBSCRIPTIONS FOR THE 24-25 SEASON RANGING IN PRICE FROM $190 TO $260. (SMALLER PACKAGES AND LOWER PRICES AVAILABLE LATER IN THE SEASON.) ALL 5 SHOWS AVERAGED ATTENDANCE WAS 82% OF TOTAL CAPACITY.
THEATERWORKS CONTINUES TO REBUILD ITS EDUCATION PROGRAM POST PANDEMIC. THERE WERE 16 UNPAID INTERNS USED AS PART OF SHOW RUN CREWS. THESE LOCAL HIGH SCHOOL AND COLLEGE STUDENTS PRIMARILY COME FROM...
THEATERWORKS CONTINUES TO REBUILD ITS EDUCATION PROGRAM POST PANDEMIC. THERE WERE 16 UNPAID INTERNS USED AS PART OF SHOW RUN CREWS. THESE LOCAL HIGH SCHOOL AND COLLEGE STUDENTS PRIMARILY COME FROM THE UNIVERSITY OF HARTFORD AND HARTFORD PUBLIC SCHOOLS AND USE INTERNSHIPS AT THEATERWORKS TO SUPPLEMENT THEIR EDUCATION. BEING AT THEATERWORKS TO SEE HOW A PROFESSIONAL THEATER RUNS BEHIND THE SCENES IS INVALUABLE TO THEIR CAREER READINESS. ADDITIONALLY, THEATERWORKS CONTINUES TO OFFER ALL-FREE STUDENT MATINEES THROUGHOUT THE SEASON. THE MATINEES ARE PRIMARILY AVAILABLE TO HARTFORD PUBLIC SCHOOLS WHO HAVE LIMITED RESOURCES FOR ARTS EDUCATION WITH THE MAJORITY OF STUDENTS HAVING NEVER BEEN EXPOSED TO LIVE THEATER. WITH RECENT GRANT FUNDING, THEATERWORKS CONTINUES TO BE ABLE TO PROVIDE FREE BUS TRANSPORTATION IN ADDITION TO THE FREE ADMISSION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $3,010,039 | $2,682,254 | +0.1% |
| Expenses | $3,443,586 | $3,231,764 | +0.1% |
| Net Income | $-433,547 | $-549,510 | -0.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ROB RUGGIERO | ARTISTIC DIRECTOR | 40.00 |
Officer
|
$120,000 | $12,954 | $132,954 |
| GRIFFIN JEFF PAYNE | MANAGING DIRECTOR | 40.00 |
Officer
|
$105,000 | $6,402 | $111,402 |
| DINA PLAPLER | CO-PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL G ALBANO | CO-PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LAWRENCE SAMPLATSKY | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEPHANIE A JOHNSON | VICE PRES./SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JENNIFER DIBELLA | ASST SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JUSTIS BOLDING | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| FERNANDO FERRO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GRACE FIGUEREDO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARC T FINER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KIM HARRISON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER R HAYES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GORDON HUI | DIRECTOR (UNTIL 11/24) | 1.00 |
Director
|
$0 | $0 | $0 |
| LARISA KOTTKE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LEE G KUCKRO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KATHERINE LAMBERT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| FRANCOISE A MILLER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| FELIX OKWANING | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KRISTEN PHILLIPS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT PULITO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSHUA TORRENCE | DIRECTOR (UNTIL 03/25) | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER WHITE | DIRECTOR (UNTIL 11/24) | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $3,010,039 | $3,443,586 | $5,618,148 | $-433,547 |
| 2024 | $2,682,254 | $3,231,764 | $5,745,106 | $-549,510 |
| 2023 | $2,435,889 | $3,327,439 | $6,241,050 | $-891,550 |
| 2022 | $2,300,522 | $2,882,916 | $6,924,717 | $-582,394 |
| 2021 | $2,855,194 | $2,655,109 | $7,845,916 | $200,085 |
| 2020 | $2,889,781 | $2,495,824 | $8,561,051 | $393,957 |
| 2019 | $6,287,736 | $2,646,736 | $8,862,312 | $3,641,000 |
Compare THEATERWORKS INC with other nonprofits in Connecticut and across the country.