Tectonic Theater Project Inc

EIN: 133686664 501(c)(3) Arts, Culture & Humanities

New York, NY

Total Revenue
$2,253,411
Total Expenses
$1,315,027
Total Assets
$786,957
Net Assets
$703,630
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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
NY
Principal Officer
JOHN HADITY
Phone
2125796111
Tax Period
2024-01-01 to 2024-12-31

Tectonic Theater Project Inc, founded in 1991, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.3M in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $938K, a strong 42% operating margin.

Mission

TECTONIC THEATER PROJECT IS A DEVELOPMENTAL COMPANY THAT CREATES AND PRODUCES WORKS FOR THE STAGE THAT RIGOROUSLY EXPLORE THEATRICAL LANGUAGE AND FORM. BASED IN NEW YORK CITY, WE BUILD PLAYS FROM THE GROUND UP AND BRING NEW LIFE TO EXISTING SCRIPTS ON STAGES ACROSS THE UNITED STATES AND AROUND THE WORLD. OUR CORE VALUES ARE COURAGE AND RISK-TAKING, INNOVATION, THEATRICALITY, SOCIAL & POLITICAL CHANGE, AND EGALITARIANISM: EVERYONE HAS A VOICE IN THE CREATION OF NEW WORK.

Program Service Accomplishments

Program 1
Expenses: $856,497 Revenue: $575,051

Here There Are Blueberries Written by Founding Artistic Director Moises Kaufman and company member Amanda Gronich. Winner of Theater J's Trish Vradenburg Jewish Play Prize, the world premiere of Here...

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Here There Are Blueberries Written by Founding Artistic Director Moises Kaufman and company member Amanda Gronich. Winner of Theater J's Trish Vradenburg Jewish Play Prize, the world premiere of Here There Are Blueberries was co-produced by Tectonic Theater Project and California's La Jolla Playhouse where the Los Angeles Times named it the "Best of Theater 2022," referring to it as "an impeccable production with symphonic subtlety." The San Diego Union Tribune called the production a "chilling world-premiere - engrossing, unsettling, and deeply moving" while Broadway World exclaimed "Here There Are Blueberries should be staged in every major city in America." The production ran in late summer 2022 at the Sheila and Hughes Potiker Theatre, followed by a May 2023 run at Shakespeare Theatre Company in Washington, DC. In 2024, Here There Are Blueberries ran off-Broadway at New York Theatre Workshop, April 17-June 30, 2024. The production became the highest-grossing production in New York Theatre Workshop's forty-year history. Additionally, Here There Are Blueberries continued offering robust audience engagement thanks to our partnership with Fellowships at Auschwitz for the Study of Professional Ethics (FASPE). Here There Are Blueberries will return to the stage in January 2025 as we kick off our National Tour, with stops slated for McCarter Theatre Center (Princeton, NJ), The Wallis (Los Angeles, CA), and Berkeley Repertory Company (Berkeley, CA). VELOUR: A Drag Spectacular By Moises Kaufman and Sasha Velour. After a robust February workshop at New 42 studios in NYC with Sasha Velour, we took this play in development to our collaborators at La Jolla Playhouse for a world premiere co-production on their season which played August 13-September 15, 2024. The play received rave reviews, exceeded box office goals, and the run was extended. This collaboration between Tectonic and House of Velour was an example of our commitment to experimenting with form and consistently seeking new collaborators from diverse backgrounds. 2024 Moment Work Institute - Education and Community Engagement Activities 2024 Residencies and Trainings Tectonic Theater Project conducted residencies and workshops in our devising technique, Moment Work. Under Moment Work Institute Chair Leigh Fondakowski's oversight, these took place in colleges, universities and high schools, and in rehearsal rooms for New York professionals. They varied in length from 90 minutes to a full semester, and were taught by our Company Member Teaching Artists. In 2024, Moment Work Institute was proud to hold workshops at Clemson University, University of Arkansas, University of Wyoming, Fordham University, and Drew University, among many others. Our Summer Institute during June and July was the most successful version yet, and we look forward to hosting another robust course offering in 2025.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,678,317
Program Service Revenue $568,544
Investment Income $43
Other Revenue $6,507
TOTAL REVENUE $2,253,411

Expense Breakdown

Grants Paid $0
Salaries & Benefits $723,109
Fundraising Expenses $183,970
Program Expenses $856,497
Other Expenses $591,918
TOTAL EXPENSES $1,315,027

Year-over-Year Comparison

2024 2023 Change
Revenue $2,253,411 $1,551,215 +0.5%
Expenses $1,315,027 $1,719,221 -0.2%
Net Income $938,384 $-168,006 -6.6%
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
19
Independent Members
19
Employees
41
Volunteers
19

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
8
$403,725
Total Directors
19
$9,530
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MOISES KAUFMAN ARTISTIC DIRECTOR 40.0
Officer
$206,238 $10,061 $216,299
MATTHEW JOSLYN EXECUTIVE DIRECTOR 40.0
Officer
$166,382 $21,044 $187,426
CARY BLAND SIMPSON General Manager 40.0
Highest
$108,000 $10,061 $118,061
JEFFREY LAHOSTE DIRECTOR 1.0
Director
$9,530 $0 $9,530
JOHN HADITY CHAIR 1.0
Officer Director
$0 $0 $0
ALAN KORNBERG CO-VICE CHAIR 1.0
Officer Director
$0 $0 $0
MARK GUDE CO-VICE CHAIR 1.0
Officer Director
$0 $0 $0
AMY STURSBERG CO-VICE CHAIR 1.0
Officer Director
$0 $0 $0
RICHARD SHEEHAN TREASURER 1.0
Officer Director
$0 $0 $0
JEFFREY LAWHORN SECRETARY 1.0
Officer Director
$0 $0 $0
RUTH FISHER DIRECTOR 1.0
Director
$0 $0 $0
MICHAEL GRAZIANO DIRECTOR 1.0
Director
$0 $0 $0
MICHAEL HORMEL DIRECTOR 1.0
Director
$0 $0 $0
SCOTT JOHNSON DIRECTOR 1.0
Director
$0 $0 $0
ERIKA KRAMER DIRECTOR 1.0
Director
$0 $0 $0
GARY RESSLER DIRECTOR 1.0
Director
$0 $0 $0
GEORGE SLOWIK DIRECTOR 1.0
Director
$0 $0 $0
LORI STEINBERG DIRECTOR 1.0
Director
$0 $0 $0
DEBORAH TAYLOR DIRECTOR 1.0
Director
$0 $0 $0
GRETCHEN TIBBITS DIRECTOR 1.0
Director
$0 $0 $0
AARON WALTON DIRECTOR 1.0
Director
$0 $0 $0
TIMOTHY WU DIRECTOR 1.0
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
2024 $2,253,411 $1,315,027 $786,957 $938,384
2023 $1,551,215 $1,719,221 $322,051 $-168,006
2022 $1,589,145 $1,546,740 $371,518 $42,405
2021 $1,213,186 $852,754 $339,113 $360,432
2020 $1,009,141 $843,976 $349,025 $165,165
2019 $1,131,472 $1,111,387 $165,612 $20,085
2018 $1,084,791 $1,010,021 $184,258 $74,770
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