THEATRE FOR A NEW AUDIENCE INC

EIN: 133059081 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$5,749,506
Total Expenses
$7,248,450
Total Assets
$21,090,246
Net Assets
$19,347,509
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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
NY
Principal Officer
JEFFREY HOROWITZ
Phone
2122292819
Tax Period
2023-09-01 to 2024-08-31

THEATRE FOR A NEW AUDIENCE INC, founded in 1979, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.7M in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $7.2M exceeded revenue, resulting in a 26% operating deficit.

Mission

THE MISSION OF THEATRE FOR A NEW AUDIENCE IS TO DEVELOP AND VITALIZE THE PERFORMANCE AND STUDY OF SHAKESPEARE AND CLASSIC DRAMA. THE THEATRE IS DEDICATED TO THE LANGUAGE AND IDEAS OF WRITERS - TO A DIALOGUE OVER CENTURIES BETWEEN SHAKESPEARE AND A PROVOCATIVE RANGE OF CLASSICAL AND CONTEMPORARY PLAYWRIGHTS. THE THEATRE HAS PRODUCED OVER 75 MASTER WORKS OF THEATRE, INCLUDING 33 OF SHAKEPEARE'S 38 PLAYS ALONGSIDE OTHER CLASSIC WORKS AND DISTINGUISHED CONTEMPORARY PLAYS.

Program Service Accomplishments

Program 1
Expenses: $5,622,523 Revenue: $1,719,345

THE THEATRES 2023-2024 ARTISTIC SEASONTheatre for a New Audiences 2023-2024 Season featured four exciting productions: the Off-Broadway Premiere the hybrid lecture/performance Prometheus Firebringer...

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THE THEATRES 2023-2024 ARTISTIC SEASONTheatre for a New Audiences 2023-2024 Season featured four exciting productions: the Off-Broadway Premiere the hybrid lecture/performance Prometheus Firebringer, written, directed, and performed by Annie Dorsen after Aeschylus; Samuel Becketts Waiting for Godot, directed by Arin Arbus and featuring Michael Shannon and Paul Sparks, who was nominated for an Outer Critics Circle Award for his performance; a co-presentation with Woolly Mammoth Theatre Company of Soho Rep and NAATCO National Partnership Projects Public Obscenities, written and directed by Shayok Misha Chowdhury; and the American Premiere, presented in association with Rose Theatre, London, of The Royal Lyceum Edinburghs production of Zinnie Harriss Macbeth (an undoing), which was nominated for four Drama Desk Awards. The Theatres productions and programs served a diverse audience of more than 30,000 during the 2023-2024 Season.ARTS IN EDUCATIONIn the 2023-2024 Season, the Theatres arts in education residenciesWorld Theatre Project (WTP) and New Voices Project (NVP) served 1,477 students and 65 teachers in 60 classes at 17 schools throughout New York City. The Theatres Summer Institute for Teachers hosted 25 middle and high school teachers from across the country at Polonsky Shakespeare Center in an immersive study of Shakespeare that integrates theory, practice, and performance.ACCESS, ENGAGEMENT AND HUMANITIESAccess: The Theatre is committed to making its productions accessible to people of all income levels through a variety of discount and low-cost ticketing outlets. The Theatre offered open-captioned performances for those who are Deaf and Hard of Hearing at one weekend performance per production during the 2023-2024 Season.Humanities: The Theatres Humanities Programs engaged approximately 1,208 people through 14 free TFANA Talks post-show discussions with the productions casts, creative teams, and eminent scholars and community members. TFANA Talks in 2023-2024 included three installments of Reflections, a series of post-performance conversations with guests from the worlds of the arts and activism, targeted to engage a rising generation of New Yorkers. In addition, for each mainstage production, the Theatres free, online dramaturgical publication the 360 Viewfinder offered context on the plays themes and interviews with the creative teams. The four 360 Viewfinders for the 2023-2024 Season received a total of 38,555 impressions and were read online 21,181 times.THE STUDIOShakespeare and classical drama projects in development in the 2023-2024 Season included workshops of Shakespeares Comedy of Errors, featuring Alex Brightman and David Fynn, Shakespeares The Winters Tale and Ben Jonsons Volpone, and Ben Jonsons The Alchemist. These workshops were directed by Simon Godwin. Contemporary drama projects included a workshop of We Are Your Robots, with book and lyrics by Ethan Lipton, directed by Leigh Silverman.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,327,143
Program Service Revenue $1,719,345
Investment Income $653,017
Other Revenue $50,001
TOTAL REVENUE $5,749,506

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,195,930
Fundraising Expenses $1,022,726
Program Expenses $5,622,523
Other Expenses $3,052,520
TOTAL EXPENSES $7,248,450

Year-over-Year Comparison

2023 2022 Change
Revenue $5,749,506 $7,071,150 -0.2%
Expenses $7,248,450 $7,803,328 -0.1%
Net Income $-1,498,944 $-732,178 +1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
35
Independent Members
28
Employees
293
Volunteers
3

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$1,895,445
Total Directors
35
$1,838,258
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY HOROWITZ Pres/AD/CEO 40.00
Officer Director
$1,128,170 $453,004 $1,581,174
DOROTHY RYAN-LEITCH VP/Sec/MD 40.00
Officer Director
$183,270 $24,411 $207,681
JAMES LYNES DIR OF INSTL ADVAN 40.00
$133,838 $24,411 $158,249
GEORGE BRENNAN CAP CAMPAIGN DIR 40.00
$110,420 $10,477 $120,897
MARY SORMELEY TREAS/FIN DIR. 32.00
Officer
$106,064 $526 $106,590
JEREMY BLUNT GENERAL MANAGER 40.00
$94,536 $5,437 $99,973
ARIN ARBUS BOARD MEMBER 5.00
Director
$32,343 $0 $32,343
RICCARDO HERNANDEZ BOARD MEMBER 2.00
Director
$7,797 $0 $7,797
JOHN LAHR MEMBER 2.00
Director
$4,042 $0 $4,042
JOHN DOUGLAS THOMPSON BOARD MEMBER 1.00
Director
$3,400 $121 $3,521
BIANCA VIVION BROOKS BOARD MEMBER 1.00
Director
$1,700 $0 $1,700
CONSTANCE CHRISTENSEN BOARD MEMBER 1.00
Director
$0 $0 $0
JOSH WEISBERG BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN BERENDT BOARD MEMBER 1.00
Director
$0 $0 $0
BENTON CAMPBELL BOARD MEMBER 1.00
Director
$0 $0 $0
ALAN BELLER BOARD MEMBER 1.00
Director
$0 $0 $0
KATHLEEN WALSH VICE-CHAIR 1.00
Officer Director
$0 $0 $0
KATHRYN HUNTER BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT A CARO BOARD MEMBER 1.00
Director
$0 $0 $0
SHARON DUNN BOARD MEMBER 1.00
Director
$0 $0 $0
TOM KIRDAHY BOARD MEMBER 1.00
Director
$0 $0 $0
DANA IVEY BOARD MEMBER 1.00
Director
$0 $0 $0
HARRY J LENNIX BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEPH SAMULSKI BOARD MEMBER 1.00
Director
$0 $0 $0
SEYMOUR LESSER BOARD MEMBER 1.00
Director
$0 $0 $0
FREDERICK WISEMAN BOARD MEMBER 1.00
Director
$0 $0 $0
LARRY M LOEB ESQ BOARD MEMBER 1.00
Director
$0 $0 $0
CATHERINE MACIARIELLO BOARD MEMBER 1.00
Director
$0 $0 $0
MATTHEW E FISHBEIN BOARD MEMBER 1.00
Director
$0 $0 $0
AUDREY HEFFERNAN MEYER BOARD MEMBER 1.00
Director
$0 $0 $0
ALAN POLONSKY BOARD MEMBER 1.00
Director
$0 $0 $0
DOUG STEINER BOARD MEMBER 1.00
Director
$0 $0 $0
MARIE MAIGNAN MEMBER 1.00
Director
$0 $0 $0
PHILIP R ROTNER BOARD MEMBER 1.00
Director
$0 $0 $0
DARYL D SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL STRANAHAN BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN TURTURRO BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT BUCKHOLZ BOARD CHAIR 1.00
Officer Director
$0 $0 $0
SUSAN STOCKEL BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $5,749,506 $7,248,450 $21,090,246 $-1,498,944
2023 $7,071,150 $7,803,328 $21,038,288 $-732,178
2022 $7,155,231 $6,397,442 $22,016,343 $757,789
2022 $947,495 No data $21,995,527 No data
2021 $4,130,515 $2,648,656 $24,286,476 $1,481,859
2020 $5,609,349 $6,144,685 $20,341,039 $-535,336
2019 $8,177,723 $7,566,854 $19,975,041 $610,869
2018 $5,014,046 $5,537,218 $20,141,594 $-523,172
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