The Royal National Theatre

EIN: 383866410 501(c)(3) Arts, Culture & Humanities

New York, NY

Total Revenue
$176,873,253
Total Expenses
$167,792,992
Total Assets
$184,524,400
Net Assets
$115,036,600
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1963
Principal Officer
SUSAN ELIZABETH FOSBURY
Phone
2127519100
Tax Period
2024-04-01 to 2025-03-31

The Royal National Theatre, founded in 1963, is a major nonprofit in the Arts, Culture & Humanities sector that reported $176.9M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $167.8M left a modest 5% surplus.

Mission

AT THE NATIONAL, WE MAKE WORLD-CLASS THEATRE THAT IS ENTERTAINING, CHALLENGING AND INSPIRING. AND WE MAKE IT FOR EVERYONE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $70,340,050
Program Service Revenue $102,440,691
Investment Income $1,918,365
Other Revenue $2,174,147
TOTAL REVENUE $176,873,253

Expense Breakdown

Grants Paid $0
Salaries & Benefits $64,584,953
Fundraising Expenses $4,891,179
Program Expenses $145,416,463
Other Expenses $103,208,039
TOTAL EXPENSES $167,792,992

Year-over-Year Comparison

2024 2023 Change
Revenue $176,873,253 $152,440,766 +0.2%
Expenses $167,792,992 $157,463,528 +0.1%
Net Income $9,080,261 $-5,022,762 -2.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
20

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
$988,185
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kate Varah ne Booth Co-Chief Executive 40.0
Officer
$231,966 $69,879 $301,845
RUFUS NORRIS Director & Chief Executive 40.0
Officer
$235,937 $35,418 $271,355
SUSAN ELIZABETH FOSBURY CHIEF OPERATING OFFICER 40.0
Officer
$196,352 $19,635 $215,987
INDHU RUBASINGHAM Director & Co-Chief executive 40.0
Officer
$173,042 $25,956 $198,998
KATHRYN MARTEN DIRECTOR OF DEVELOPMENT 40.0
Highest
$172,568 $10,354 $182,922
JENNIFER BENNET-SINCLAIR DIRECTOR OF CULTURE 40.0
Highest
$152,103 $11,408 $163,511
Kathryn Bennett Managing Dir. & Producer 40.0
Highest
$145,190 $10,889 $156,079
PAUL HANDLEY DIR. OF PRODUCTION & TECHNICAL 40.0
Highest
$145,190 $10,889 $156,079
ALEX BAYLEY Chief Marketing Officer 40.0
Highest
$138,276 $1,688 $139,964
SIR DAMON BUFFINI Chairman 4.0
Officer Director
$0 $0 $0
SIMON WARSHAW Board Member 4.0
Director
$0 $0 $0
TIMOTHY SCORE Board Member 4.0
Director
$0 $0 $0
DAME VIKKI HEYWOOD DBE BOARD MEMBER 4.0
Director
$0 $0 $0
LOUISE CHARLTON board Member 4.0
Director
$0 $0 $0
DAME KAREN PIERCE Board Member 4.0
Director
$0 $0 $0
CATE BLANCHETT BOARD MEMBER 4.0
Director
$0 $0 $0
JAMES GRAHAM BOARD MEMBER 4.0
Director
$0 $0 $0
DAME MARIT MOHN BOARD MEMBER 4.0
Director
$0 $0 $0
SARAH WIGGINS BOARD MEMBER 4.0
Director
$0 $0 $0
MELANIE RICHARDS CBE BOARD MEMBER 4.0
Director
$0 $0 $0
Simon Minty Board Member 4.0
Director
$0 $0 $0
Elizabeth Pryce Board Member 4.0
Director
$0 $0 $0
Amanda Pritchard Board Member 4.0
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
2025 $176,873,253 $167,792,992 $184,524,400 $9,080,261
2024 $152,440,766 $157,463,528 $166,276,518 $-5,022,762
2023 $107,387,400 $109,679,940 $158,333,175 $-2,292,540
2022 $110,413,445 $109,456,891 $172,224,697 $956,554
2021 $73,600,990 $67,460,512 $168,039,150 $6,140,478
2020 $135,586,840 $145,628,530 $124,496,000 $-10,041,690
2019 $143,387,432 $146,991,123 $139,999,400 $-3,603,691
2018 $142,481,283 $145,132,063 $155,773,408 $-2,650,780
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