Mccarter Theatre Company

Organization Overview

Mccarter Theatre Company is located in Princeton, NJ. The organization was established in 1963. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Mccarter Theatre Company employed 182 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mccarter Theatre Company is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2020, Mccarter Theatre Company generated $11.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $11.9m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

MCCARTERS MISSION: TO CREATE WORLD-CLASS THEATRE AND PRESENT THE FINEST PERFORMING ARTISTS FOR THE ENGAGEMENT EDUCATION AND ENTERTAINMENT OF OUR COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THEATER SERIES: PLEASE SEE SCHEDULE O FOR DETAILED PROGRAM DESCRIPTION.


PRESENTED SERIES: PLEASE SEE SCHEDULE O FOR DETAILED PROGRAM DESCRIPTION.


EDUCATION & COMMUNITY PARTNRESHIPS: PLEASE SEE SCHEDULE O FOR DETAILED PROGRAM DESCRIPTION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
The Aber Group
Advertising
$104,672
Texas Scenic Company Inc
Equipment Purchase
$1,671,100
Isaacson Miller Inc
Consulting Services
$197,618
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$5,004,650
Investment income $1,375,948
Tax Exempt Bond Proceeds $0
Royalties $11,287
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,621,825

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Mccarter Theatre Company has recieved totaling $60,000.

Awarding OrganizationAmount
Gordon Gund And Llura Liggett Gund 1993 Charitable Foundation

Princeton, NJ

PURPOSE: SUPPORT THE CHARITABLE PURPOSE OF THE ORGANIZATION

$50,000
Sheila Broderick Foundation

Edison, NJ

PURPOSE: ARTS

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$32,711,772
Earnings-$546,078
Net Contributions$50,000
Other Expense$1,832,067
Ending Balance$30,383,627

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