MANHATTAN THEATRE CLUB INC

EIN: 237086643 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$26,330,337
Total Expenses
$31,477,132
Total Assets
$88,736,329
Net Assets
$45,033,198
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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
NY
Principal Officer
CHRIS JENNINGS
Phone
2123993000
Tax Period
2023-07-01 to 2024-06-30

MANHATTAN THEATRE CLUB INC, founded in 1970, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $26.3M in total revenue in fiscal year 2023. Expenses of $31.5M exceeded revenue, resulting in a 20% operating deficit.

Mission

MTC'S WORK INCLUDES PRODUCING AND DEVELOPING NEW WORK ON AND OFF-BROADWAY, NURTURING ARTISTS THROUGHOUT THEIR CAREERS, AND POSITIVELY IMPACTING THE LIVES OF MANY THROUGH INNOVATIVE EDUCATION PROGRAMS. WE ARE COMMITTED TO EQUITY, DIVERSITY AND INCLUSION IN ALL OF OUR WORK, BOTH ON AND OFF THE STAGE.

Program Service Accomplishments

Program 1
Expenses: $24,527,329 Revenue: $18,682,307

Manhattan Theatre Club's mission since 1972 has been to develop and present new work in a dynamic, supportive environment; to identify and collaborate with the most exciting new as well as...

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Manhattan Theatre Club's mission since 1972 has been to develop and present new work in a dynamic, supportive environment; to identify and collaborate with the most exciting new as well as accomplished artists; and to produce a diverse repertoire of innovative, entertaining, and thought-provoking plays and musicals by American and international writers. Since 1989, MTC Education, which uses the power of live theatre and playwriting to awaken minds, ignite imaginations, open hearts, and change lives, has also been an important part of our work. In the year ending June 30, 2024, Manhattan Theatre Club ("MTC") produced a robust slate of plays which were attended by 188,360 audience members: the world premiere of "Jaja's African Hair Braiding" by Jocelyn Bioh; the Broadway premiere of "Prayer for the French Republic" by Joshua Harmon, and the Broadway premiere of "Mary Jane" by Herzog at the Samuel J. Friedman Theatre on Broadway; and the New York premiere of "Poor Yella Rednecks" by Qui Nguyen, and the world premiere of "Brooklyn Laundry" by John Patrick Shanley Off-Broadway at NY City Center Stage I. In the same year, MTC commissioned 11 new plays, held 29 developmental readings and workshops, continued institutional work towards becoming an anti-racist organization, and reached 2,925 students and lifelong learners, many of whom were experiencing live theatre for the first time, through the portfolio of programs run by MTC Education.

Program 2
Expenses: $993,949 Revenue: $91,037

MTC's Learning and Community Engagement programs create experiences that empower learners to engage joyfully and authentically with live theatre as authors, audience, and administrators. We connect...

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MTC's Learning and Community Engagement programs create experiences that empower learners to engage joyfully and authentically with live theatre as authors, audience, and administrators. We connect with learners of all ages and from a wide range of communities - locally, national, and internationally - in an array of programs tailored to meet each community's learning goals and ensure informed encounters with the works on MTC stages. These include in-school playwriting and theatre preparatory residencies, student and family matinees, an internet-based distance-learning playwriting and production project, and community engagement workshops hosted in collaboration with our community partners. In addition, our robust theatre management training program cultivates the next generation of theatre professionals.

Program 3
Expenses: $855,164

ARTISTIC DEVELOPMENT: MTC FOCUSES ON PRESENTING NEW YORK, AMERICAN AND WORLD PREMIERES OF INNOVATIVE THEATRE OF THE HIGHEST QUALITY. MTC'S ARTISTIC DEVELOPMENT DEPARTMENT OVERSEES THE DEVELOPMENT OF...

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ARTISTIC DEVELOPMENT: MTC FOCUSES ON PRESENTING NEW YORK, AMERICAN AND WORLD PREMIERES OF INNOVATIVE THEATRE OF THE HIGHEST QUALITY. MTC'S ARTISTIC DEVELOPMENT DEPARTMENT OVERSEES THE DEVELOPMENT OF NEW WORKS, NURTURING THE GROWTH OF PLAYS THAT GO ON TO BE PRODUCED AT MTC AND AT OTHER THEATRES AROUND THE COUNTRY AND THE WORLD. WE STRIVE TO BUILD ONGOING RELATIONSHIPS WITH PLAYWRIGHTS, SUPPORTING THEM THROUGHOUT THEIR CAREERS AND CREATING AN ENVIRONMENT IN WHICH WRITERS AND THEATRE ARTISTS ARE SUPPORTED BY THE FINEST PROFESSIONALS IN EVERY ASPECT OF PRODUCTION. MTC'S ARTISTIC DEVELOPMENT PROGRAM OFFERS COMMISSIONS, SCRIPT EVALUATION, DRAMATURGICAL SUPPORT, READINGS AND WORKSHOPS. THIS YEAR, WE HAVE REAFFIRMED OUR COMMITMENT TO EQUITY, DIVERSITY AND INCLUSION AND UNDERTAKEN PLANS TO PRIORITIZE, EXPAND, AND RE-ENVISION OUR POLICIES AND ACTIONS. IN THIS PROCESS, WE ARE GUIDED BY OUR DESIRE TO SUPPORT BLACK, INDIGENOUS, AND POC THEATRE-MAKERS AND TO AMPLIFY THEIR VOICES-A DESIRE WHICH HAS IMPACTED OUR PROGRAMMING AND ARTISTIC PLANNING, INCLUDING COMMISSIONS AND VIRTUAL OFFERINGS, AS WELL AS OUR ADMINISTRATIVE POLICIES AND INITIATIVES REGARDING OUR STAFF, BOARD OF DIRECTORS AND PRODUCING PRACTICES, INCLUDING AUDIENCE DEVELOPMENT. MORE INFORMATION CAN BE FOUND AT WWW.MANHATTANTHEATRECLUB.COM.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,251,020
Program Service Revenue $18,773,344
Investment Income $305,973
Other Revenue $0
TOTAL REVENUE $26,330,337

Expense Breakdown

Grants Paid $0
Salaries & Benefits $14,693,924
Fundraising Expenses $2,967,388
Program Expenses $26,376,442
Other Expenses $16,276,270
TOTAL EXPENSES $31,477,132

Year-over-Year Comparison

2023 2022 Change
Revenue $26,330,337 $26,877,880 0.0%
Expenses $31,477,132 $28,536,612 +0.1%
Net Income $-5,146,795 $-1,658,732 +2.1%
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
36
Independent Members
33
Employees
997
Volunteers
666

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
6
$798,271
Total Directors
35
$582,467
Key Employees
2
$363,043
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROLYN MEADOW ARTISTIC DIRECTOR 40.0
Officer Director
$541,648 $28,045 $569,693
BARRY GROVE EXEC. PRODUCER THRU 06/2023 40.0
$309,754 $46,286 $356,040
LYNNE S RANDALL DIRECTOR OF DEVELOPMENT 40.0
Highest
$170,700 $68,406 $239,106
CHRIS JENNINGS EXEC. DIRECTOR AS OF 06/2023 40.0
Officer
$175,629 $52,949 $228,578
MATTHEW D SVIGALS DIRECTOR OF FINANCE 40.0
Key Emp
$142,589 $62,829 $205,418
AMY G LOE DIR. OF ARTISTIC OPERATIONS 40.0
Highest
$146,708 $56,690 $203,398
JEFFREY W DODSON Master Electrician 40.0
Highest
$158,779 $33,586 $192,365
DEBRA A WAXMAN-PILLA DIRECTOR OF MARKETING 40.0
Highest
$138,113 $47,244 $185,357
Matthew W Krawiec General Manager 40.0
Key Emp
$152,301 $5,324 $157,625
Nicole C Hunter Schwab Artistic Producer 40.0
Highest
$149,715 $1,892 $151,607
JUDY TATE DIRECTOR/TEACHING ARTIST 0.5
Director
$12,774 $0 $12,774
David Hodgson Chairman 2.0
Officer Director
$0 $0 $0
Tom Secunda President 2.0
Officer Director
$0 $0 $0
Jamie Fowler Secretary 2.0
Officer Director
$0 $0 $0
Nigel Smith Treasurer 2.0
Officer Director
$0 $0 $0
Christine Baranski director 0.5
Director
$0 $0 $0
Mary Baccash director 0.5
Director
$0 $0 $0
Laura Baron director 0.5
Director
$0 $0 $0
Opal Bennett director 0.5
Director
$0 $0 $0
Matthew Blank director 0.5
Director
$0 $0 $0
Barbara Britt director 0.5
Director
$0 $0 $0
Martha Lemer Byrne director 0.5
Director
$0 $0 $0
Asad A Chaudry director 0.5
Director
$0 $0 $0
Howard Fife director 0.5
Director
$0 $0 $0
Marie Gallagher director 0.5
Director
$0 $0 $0
Mary Ann Giffuni director 0.5
Director
$0 $0 $0
Jake Gyllenhaal director 0.5
Director
$0 $0 $0
Daniel Healy director 0.5
Director
$0 $0 $0
Clyde B Jones III director 0.5
Director
$0 $0 $0
Chris Lanning director 0.5
Director
$0 $0 $0
Hirofumi Otsuka director 0.5
Director
$0 $0 $0
Bernadette Peters director 0.5
Director
$0 $0 $0
Gwendolyn Ricks-Spencer director 0.5
Director
$0 $0 $0
Jean Scannel director 0.5
Director
$0 $0 $0
Robert Sinclair director 0.5
Director
$0 $0 $0
Jeffrey Sine director 0.5
Director
$0 $0 $0
Peter Solomon director 0.5
Director
$0 $0 $0
Michael Steinberg director 0.5
Director
$0 $0 $0
Nilaja Sun director 0.5
Director
$0 $0 $0
Lisa Towbin director 0.5
Director
$0 $0 $0
Joel Von Ranson director 0.5
Director
$0 $0 $0
Richard Wesley director 0.5
Director
$0 $0 $0
Amy Churgin director 0.5
Director
$0 $0 $0
Nancy Bader director 0.5
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 $26,330,337 $31,477,132 $88,736,329 $-5,146,795
2023 $26,877,880 $28,536,612 $91,418,254 $-1,658,732
2022 $28,652,146 $27,620,027 $86,929,772 $1,032,119
2021 $15,978,594 $9,664,654 $95,784,807 $6,313,940
2020 $28,775,048 $22,257,485 $50,385,714 $6,517,563
2019 $30,391,147 $28,823,916 $42,785,077 $1,567,231
2018 $24,425,831 $30,352,529 $40,628,048 $-5,926,698
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