Overview
What is Roundabout Theatre Company Inc?
Roundabout Theatre Company Inc, based in New York City, is a leading nonprofit organization dedicated to bringing high-quality theatrical productions to diverse audiences. Throughout the 2021-22 season, they presented five productions on their Broadway, Off-Broadway, and Off-Off-Broadway stages, reaching 175,569 attendees. Committed to community engagement, they offer various affordable ticket programs, such as discounts for students, veterans, and under-represented groups. During the 2021-2022 season, they made 19,054 discounted tickets available and continued their efforts to increase access for those with disabilities through ASL interpreting, closed captioning, and relaxed performances. As an educational institution, they provide pre- and post-show discussions and digital production guides to enrich the theatrical experience. With a mission to engage and inspire, Roundabout Theatre Company Inc employs 748 individuals and remains committed to reducing financial, physical, and cultural barriers to theatre access.
Official website here: www.roundabouttheatre.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars)
Roundabout Theatre Company Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and transparency. The organization scored exceptionally well in the Accountability & Finance category with a perfect score of 100, showcasing strong financial management and oversight. The composition of the board also reflects a commitment to independence, with 97% of its members being independent.
The organization excels in its Culture & Community initiatives as well, earning a score of 94. This suggests that Roundabout Theatre Company fosters a positive community impact and engages effectively with its audience and stakeholders. Furthermore, its Leadership & Adaptability score of 100 demonstrates a robust framework for strategic planning and responsiveness to community needs.
However, the overall score reflects some areas for improvement, particularly in the Leadership & Adaptability category, where the score is comparatively lower at 10%. This indicates potential challenges in leadership dynamics or adaptability to changing circumstances, despite the strong performance in other areas. Overall, Roundabout Theatre Company Inc presents itself as a well-managed nonprofit with significant strengths in financial accountability and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Roundabout Theatre Company Inc legitimate?
Roundabout Theatre Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Roundabout Theatre Company Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,902,266
Professional Fundraising Fees: $276,756
Other Salaries and Wages: $17,992,017
For more financial information, click here
Official website here: www.roundabouttheatre.org
What is the mission statement of Roundabout Theatre Company Inc?
Roundabout Theatre Company Inc's mission revolves around showcasing the power of theatre by highlighting timeless classics from the past and nurturing new works of the present. The organization takes artistic risks as a not-for-profit, producing both well-known and lesser-known plays and musicals. They identify and support talented playwrights to contribute to the theatrical canon. Roundabout also aims to remove financial, physical, and cultural barriers to theatre attendance. Collaborating with a diverse team of artists, they curate engaging theatrical experiences that resonate with a broader community. Additionally, they offer educational programs that enhance teacher practice, deepen student learning, and provide career training and placement opportunities for young people. The company preserves over five decades of production history as an open resource for artists, scholars, and the public.
Official website here: www.roundabouttheatre.org
Who is the CEO of Roundabout Theatre Company Inc?
Katheryn Patterson is the Artistic Director/Ceo of Roundabout Theatre Company Inc. The CEO's salary of Roundabout Theatre Company Inc is $992,005 and their total compensation is $1,055,646.
Official website here: www.roundabouttheatre.org
What is the revenue of Roundabout Theatre Company Inc?
Roundabout Theatre Company Inc's revenue in 2022 was $51,738,346.
Official website here: www.roundabouttheatre.org
Who are the executives of Roundabout Theatre Company Inc and what are their salaries?
The average compensation at Roundabout Theatre Company Inc during 2022 was $27,934. There are 748 employees at Roundabout Theatre Company Inc.
Here are 56 key members and their salaries (Roundabout Theatre Company Inc's CEO's salary is $992,005 and their total compensation is $1,055,646):
- Compensation: $992,005
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- Other: $63,641
- Compensation: $697,510
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- Compensation: $278,924
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- Compensation: $243,491
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- Compensation: $184,784
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- Compensation: $192,295
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- Compensation: $140,209
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- Compensation: $141,750
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Official website here: www.roundabouttheatre.org
Where can I find the form 990 for Roundabout Theatre Company Inc?
Roundabout Theatre Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.roundabouttheatre.org
Learn more at the official website: www.roundabouttheatre.org
Mission Statement of Roundabout Theatre Company Inc
Roundabout Theatre Company Inc, a renowned non-profit organization, is dedicated to showcasing the power of theatre by bringing classic productions from the past to the stage, fostering new works of the present, and inspiring future generations through education. The company's mission lies in the ability to present both well-known and lesser-known plays and musicals, taking artistic risks that only a not-for-profit can undertake.
Roundabout Theatre Company Inc identifies and supports emerging playwrights, providing them with long-term artistic guidance and opportunities to contribute to the theatrical canon. The organization breaks down the barriers that hinder theatre attendance by addressing financial, physical, and cultural inhibitions. Using a collaborative approach, Roundabout Theatre Company curates a diverse range of theatrical experiences that engage and stimulate the broader community.
Moreover, Roundabout Theatre Company takes a transformative approach to education by enhancing teacher practice, deepening student learning, and igniting the futures of young people through career training and placement. The organization captures and archives over five decades of production history, serving as an open resource for artists, scholars, and their community.
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Impact
October, 2024
Roundabout Theatre Company Inc plays a transformative role in the cultural landscape of New York and beyond. By spotlighting classic works while cultivating new productions, Roundabout enriches the theatrical experience, bringing significant stories to life and engaging diverse audiences.
During the challenging post-COVID-19 era, Roundabout's commitment to accessibility has been exemplary. In the 2021-2022 season alone, they provided over 19,000 dramatically discounted tickets, ensuring that financial barriers do not hinder community members from experiencing high-quality theatre. Their innovative Access Roundabout initiative includes discounted tickets tailored for young adults, students, and other marginalized groups, particularly focusing on equitable access for individuals with disabilities through sign interpretations, on-demand captioning, and relaxed performances.
Roundabout also emphasizes education and community engagement, organizing informative discussions and producing comprehensive digital guides for each performance. With over 18,000 views of their UPSTAGE guides, the company amplifies understanding and appreciation of theatrical works, helping audiences connect deeply with the art form.
By developing outreach programs designed to engage varied audiences, Roundabout not only broadens the traditional theatre demographic but also enriches the community. Their dedication to training future artists and fostering an inclusive environment demonstrates a commitment to nurturing the next generation of theatre-goers and creators.
In summary, Roundabout Theatre Company Inc significantly impacts the arts through inclusive programming, educational outreach, affordable access, and a fearless approach to both classic and contemporary theatre, affirming the essential power and relevance of the performing arts in society.
This information is meant to be a general summary of Roundabout Theatre Company Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,540,649
- Program Service Revenue: $16,110,203
- Gross Receipts: $72,693,917
Assets and Liabilities:
- Total Assets: $143,712,559
- Total Liabilities: $29,549,208
- Net Assets: $114,163,351
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS AND SUBSCRIPTIONS
Revenue
$11,280,128
RENTAL INCOME
Revenue
$2,132,059
ENHANCEMENT INCOME
Revenue
$1,432,500
TICKET HANDLING FEES
Revenue
$531,440
FACILITY FEES
Revenue
$277,324
Organization Details
Founding Year
1965
Phone
(212) 719-9393Principal Officer
Katheryn Patterson
Main Address
231 WEST 39TH STREET Suite 1200, NEW YORK, NY, 10018
Website
www.roundabouttheatre.orgNTEE Category
Code: A650 - Arts
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