NonprofitsProspect Theater Company Inc

Arts, Culture & Humanities

Prospect Theater Company Inc

NEW YORK, NY

Total revenue

$760K

Total expenses

$488K

Net assets

$271K

Grants received

$619K

60 grants

EIN

582400427

Tax year

2023

Mission

See part iii, line 1 on next page.

Programs

3 programs

ANNUAL MUSICAL THEATER LAB: POTLUCK Written by: Thani Brant, Rachel Covey, Troy Defour & Sean Havrilla; Dylan Glatthorn & Will Lacker; Allison Light & Lorrie Doriza; Divya Mangwani & Tidtaya Sinutoke; Nygel Robinson & Krystal Ortiz; Dylan Schifrin, Will Shishmanian & Brooke Trumm Performed on November 16, 2023 with 1 performance and 374 Attendees

Expenses: $30K

BAKED! The Musical in Concert Book, music and lyrics by Jord Liu & Deepak Kumar A Concert of the New Musical presented by Prospects IGNITE Series in partnership with National Asian Artists Project Performed on October 2, 2023 with 1 performance and 273 Attendees

Expenses: $25K

NEW MUSICAL MIXTAPE - A concert presented in partnership with the Latine Musical Theatre Lab, 1st look at new musicals written by the Labs Julia de Burgos Cohort Performed on January 22, 2024 2 performances and 208 Attendance; UNTITLED YUKON GOLD RUSH MUSICAL By Bandits on the Run - Commission & Development of a new musical about the Gold Rush in the Yukon; and THE TROUPE By Peter Mills & Cara Reichel - Development of a new musical with a residency offered in partnership with the Goodwill Theatre in Binghamton, NY

Expenses: $55K

Financials

FY 2023

Revenue

Contributions & grants$498K
Program service revenue$260K
Investment income
Other revenue$3K
Total revenue$760K

Expenses

Grants paid
Salaries & benefits$216K
Fundraising$37K
Other expenses$271K
Total expenses$488K
Total assets$376K
Net assets$271K

People

14 listed

NameRoleCompensation

CARA REICHEL

BOARD MEMBER/PRODUCING ARTISTIC DIRECTOR

Board

$37K

40 hrs/wk

MELISSA HUBER

BOARD MEMBER/MANAGING DIRECTOR

Board

$31K

30 hrs/wk

JESSE KEARNEY

PRESIDENT

Board

5 hrs/wk

TIRA HARPAZ

VICE PRESIDENT

Board

5 hrs/wk

KYLE BURKHARDT

TREASURER

Board

5 hrs/wk

JANE ABRAMSON

SECRETARY

Board

5 hrs/wk

JULIE MILLER

BOARD MEMBER

Board

5 hrs/wk

TONY VALLES

BOARD MEMBER

Board

5 hrs/wk

PETER MILLS

BOARD MEMBER

Board

5 hrs/wk

JASON MA

BOARD MEMBER

Board

5 hrs/wk

SOPHIE GANDLER

BOARD MEMBER

Board

5 hrs/wk

KARIN KAWAMOTO

BOARD MEMBER

Board

5 hrs/wk

CAROLINE EBER

BOARD MEMBER

Board

5 hrs/wk

ROBERT GURMAN

BOARD MEMBER

Board

5 hrs/wk

Grants received

Showing 60 of 60

FromAmountPurposeYear
$20K
GENERAL SUPPORT PURPOSES
2024
$15K
GENERAL SUPPORT
2024
$6K
THEATRICAL PRODUCTION
2024
$3K
CHARITABLE PURPOSES
2024
$500
UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
2024
$8
GENERAL SUPPORT
2024
$50K
FOUNDATION GRANT - GENERAL OPERATING
2023
$25K
FOUNDATION GRANT - 25TH ANNIVERSARY CAMPAIGN
2023
$20K
ARTS, CULTURE & HUMANITIES
2023
$20K
GRANTS TO SUPPORT CREATORS OF NEW MUSICAL THEATRE CONTENT.
2023
$19K
FOUNDATION GRANT - SUPPLEMENTAL GENERAL OPERATING SUPPORT
2023
$15K
GENERAL OPERATING SUPPORT FOR THEATRICAL PRODUCTIONS AND ACTIVITIES
2023
$10K
GENERAL OPERATING
2023
$5K
GENERAL SUPPORT PURPOSES
2023
$5K
GENERAL
2023
$3K
CHARITABLE PURPOSES
2023
$2K
Operating Expenses
2023
$750
GENERAL SUPPORT
2023
$500
General & Unrestricted
2023
$250
UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
2023
$48
GENERAL SUPPORT
2023
$48
GENERAL SUPPORT
2023
$48
GENERAL SUPPORT
2023
$36
GENERAL SUPPORT
2023
$32
GENERAL SUPPORT
2023
$30K
ARTS, CULTURE & HUMANITIES
2022
$15K
GENERAL OPERATING SUPPORT FOR THEATRICAL PRODUCTIONS/ACTIVITIES
2022
$10K
THEATRICAL PRODUCTION
2022
$10K
GENERAL OPERATING
2022
$5K
GENERAL
2022
$3K
CHARITABLE PURPOSES
2022
$3K
UNRESTRICTED CHARITABLE PURPOSES
2022
$750
Charitable Event
2022
$250
UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
2022
$36
GENERAL SUPPORT
2022
$24
GENERAL SUPPORT
2022
$51K
ARTS, CULTURE & HUMANITIES
2021
$15K
GENERAL OPERATING
2021
$8K
GENERAL FUND
2021
$5K
GENERAL
2021
$3K
CHARITABLE PURPOSES
2021
$2K
UNRESTRICTED CHARITABLE PURPOSES
2021
$40K
FOUNDATION GRANT - GENERAL OPERATING SUPPORT
2020
$20K
ARTS, CULTURE & HUMANITIES
2020
$10K
GENERAL OPERATING
2020
$8K
GENERAL FUND
2020
$6K
UNRESTRICTED CHARITABLE PURPOSES
2020
$3K
CHARITABLE PURPOSES
2020
$100
EMPLOYEE MATCHING GRANT
2020
$36
GENERAL SUPPORT
2020
$32
GENERAL SUPPORT
2020
$28
GENERAL SUPPORT
2020
$14
GENERAL SUPPORT
2020
$45K
ARTS, CULTURE & HUMANITIES
2019
$40K
FOUNDATION GRANT - GENERAL OPERATING SUPPORT; CAPITAL/RESERVES
2018
$14K
For grant recipient's exempt purposes
2018
$26K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$619K from 21 funders · 60 grants · 2017–2024

The Howard Gilman Foundation Inc

$174K · 5 grants · 2018–2023

Donor Advised Charitable Giving Inc

$166K · 5 grants · 2019–2023

The Shubert Foundation Inc

$55K · 4 grants · 2020–2023

Fidelity Investments Charitable Gift Fund

$40K · 2 grants · 2017–2018

Tiger Baron Foundation Inc

$25K · 2 grants · 2023–2024

Pipeline Arts Foundation

$20K · 1 grant · 2023

Michael Tuch Foundation Inc

$20K · 2 grants · 2022–2023

Details

EIN582400427
NTEE codeA650
Subsection03
Ruling date1998-09
Formed1998
Employees50
Volunteers4
PROSPECT THEATER COMPANY INC — Mission, Financials & Grants Received | Grantivo