New Repertory Theatre Inc
- Assets
- $1.3m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 20
- Location
- Watertown, MA
- Founding
- 12/1987
- Data as of
- 07/2021
- EIN
- 22-2831171
Organization Overview
New Repertory Theatre Inc is located in Watertown, MA. The organization was established in 1987. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 07/2021, New Repertory Theatre Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Repertory Theatre Inc 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 07/2021, New Repertory Theatre Inc generated $1.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $904.1k during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
NEW REPERTORY THEATRE PRODUCES PLAYS THAT SPEAK POWERFULLY TO THE VITAL IDEAS OF OUR TIME. THROUGH THE PASSION AND ELECTRICITY OF LIVE THEATRE PERFORMED TO THE HIGHEST STANDARDS OF EXCELLENCE, NEW REP SEEKS TO SPARK COMMUNITY CONVERSATIONS ON CRUCIAL CONTEMPORARY ISSUES. OUR WORK EXPANDS AND CHALLENGES THE HUMAN SPIRIT OF BOTH ARTISTS AND AUDIENCES. WE PRESENT WORLD PREMIERES, CONTEMPORARY PLAYS AND CLASSIC WORKS IN SEVERAL INTIMATE SETTINGS. OUR PRODUCTIONS ARE DESIGNED TO BE ACCESSIBLE TO ALL. WE ARE COMMITTED TO EDUCATION AND ENRICHMENT FOR LEARNERS OF ALL AGES, WITH A SPECIAL DEDICATION TO THE CREATION OF INNOVATIVE IN-SCHOOL PROGRAMMING AND OUTREACH TO UNDERSERVED AUDIENCES. WE EMBRACE THEATRE AS THE BASIS FOR ENDURING CONNECTIONS WITH OUR COMMUNITY AND AS A SPRINGBOARD FOR MEANINGFUL CIVIC ENGAGEMENT. NEW REP IS AN ACTIVE ADVOCATE FOR THE ARTS AND A MAJOR VOICE IN THE NATIONAL DIALOGUE DEFINING THE ROLE OF THEATRE IN OUR CULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HISTORIAL MOVING PLAYS, ZOOM PLAYS, UNVEILED CLASSIC REPERTORY COMPANY TOUR: ROMEO AND JULIET
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Mulaney Dir Of Opera | Officer | 40 | $54,964 |
Michael Bobbit 32021 Artistic Dir | Officer | 40 | $53,942 |
Ruth Budd Clerk | OfficerTrustee | 5 | $0 |
Jo Trompet Board Chair | OfficerTrustee | 5 | $0 |
Chris Shearer Vice Chair | OfficerTrustee | 5 | $0 |
Michelle Aguillon Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $679,351 |
| All other contributions, gifts, grants, and similar amounts not included above | $499,193 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,178,544 |
| Total Program Service Revenue | $44,892 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $65,072 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,300,453 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $112,900 |
| Compensation of current officers, directors, key employees. | $67,740 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $424,483 |
| Pension plan accruals and contributions | $1,400 |
| Other employee benefits | $19,702 |
| Payroll taxes | $50,868 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,958 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $85,751 |
| Advertising and promotion | $10,783 |
| Office expenses | $60,931 |
| Information technology | $12,352 |
| Royalties | $4,459 |
| Occupancy | $51,423 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,634 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,377 |
| Insurance | $10,215 |
| All other expenses | $0 |
| Total functional expenses | $904,087 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $582,372 |
| Savings and temporary cash investments | $188,971 |
| Pledges and grants receivable | $47,500 |
| Accounts receivable, net | $1,604 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $424,619 |
| Net Land, buildings, and equipment | $23,704 |
| Investments—publicly traded securities | $16,513 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,285,283 |
| Accounts payable and accrued expenses | $18,454 |
| Grants payable | $0 |
| Deferred revenue | $299,325 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $25,000 |
| Secured mortgages and notes payable | $279,381 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $622,160 |
| Net assets without donor restrictions | $611,451 |
| Net assets with donor restrictions | $51,672 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,285,283 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that New Repertory Theatre Inc has recieved totaling $102,654.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $30,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $25,000 |
Cabot Family Charitable Tr Boston, MA PURPOSE: EXEMPT PURPOSES | $25,000 |
Watertown Community Foundation Inc Watertown, MA PURPOSE: EDUCATION AND PROGRAM SUPPORT | $12,500 |
Rockland Trust Charitable Foundation Rockland, MA PURPOSE: PROGRAM SUPPORT | $5,000 |
Eastern Bank Charitable Foundation Lynn, MA PURPOSE: EXEMPT PURPOSE | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Shakespeare Festival New York, NY | $141,889,359 | $47,421,313 |
Fractured Atlas Inc New York, NY | $26,189,611 | $36,358,780 |
Roundabout Theatre Company Inc New York, NY | $173,392,210 | $30,369,133 |
Vivian Beaumont Theater Inc New York, NY | $199,499,593 | $19,952,200 |
American Repertory Theatre Cambridge, MA | $28,732,151 | $12,990,237 |
Signature Theatre Company New York, NY | $62,849,854 | $11,675,589 |
Playwrights Horizons Inc New York, NY | $27,151,743 | $13,749,281 |
Huntington Theatre Company Inc Boston, MA | $85,399,357 | $14,500,477 |
Manhattan Theatre Club Inc New York, NY | $95,784,807 | $15,978,594 |
Hartford Stage Company Hartford, CT | $23,293,519 | $12,254,112 |
Stella Adler Studio Of Acting New York, NY | $5,616,573 | $9,953,377 |
Storyville Center For The Spoken Word Inc New York, NY | $12,362,100 | $12,256,751 |