2024-04-25T17:19:06-05:00 2023-06-30 WITHUMSMITHBROWN PC 1411 BROADWAY 9TH FLOOR NEW YORK NY 10018 990 2022-07-01 210724198 MCCARTER THEATRE COMPANY % SUDHA IYER MCCA 6092586500 91 UNIVERSITY PLACE PRINCETON NJ 08540 MARTIN MILLER executive DIRECTOR 6092586549 2024-04-16 true MARTIN MILLER 999009999 CATHERINE BENDALL CPA P00521196 2127519100 2024-04-16 3 2022 2023-04-26 12:10:37Z MARTIN MILLER 91 UNIVERSITY PLACE PRINCETON NJ 08540 9383161 false X WWW.MCCARTER.ORG X 1960 NJ McCarter is one of the country's flagship producing theatres, a vibrant community gathering space, and center for the performing arts. 28 28 258 0 0 9894034 3418319 2989088 4297277 1418570 1450450 36400 31137 14338092 9197183 0 0 0 0 5953397 8122984 0 0 726220 5410516 5694620 11363913 13817604 2974179 -4620421 43142569 37715976 3244507 4391330 39898062 33324646 McCarter is one of the country's flagship theatres, a vibrant community gathering space, and center for the performing arts. A multi-disciplinary creative hub of arts and ideas on the Princeton University campus, McCarter offers theater, music, dance, spoken word, and educational programs for all ages. Leading with values of justice and joy, and beauty in belonging, McCarter creates stories and experiences that enliven minds, expand imaginations, and entertain and engage our community. false false 11192543 3867415 PERFORMANCES & GATHERINGS: PLEASE SEE SCHEDULE O FOR DETAILED PROGRAM DESCRIPTION. 400000 368356 EDUCATION & COMMUNITY PARTNERSHIPS: PLEASE SEE SCHEDULE O FOR DETAILED PROGRAM DESCRIPTION. 11592543 true true false false false false false false false true true true false false true true true false false false false false false false true false false false false true false false false false false false false false true false false false false false false false false true 136 0 258 true false false false false false true true false false false false false false false false X 28 28 false false false false false false false true true false false true true true true true true true true false NJ NY PA X X SUDHA IYER 6092586549 91 UNIVERSITY PLACE PRINCETON NJ 08540 Sarah Rasmussen Artistic Director 50.0 0.0 X 315180 0 57943 Michael Rosenberg Managing Dir. thru 09/2022 60.0 0.0 X 237692 0 20769 Piper Burrows DIRECTOR OF DEVELOPMENT 40.0 0.0 X 170058 0 10690 Sudha Iyer CFO 40.0 0.0 X 142716 0 18383 Debbie Bisno Director of Partnerships 40.0 0.0 X 129225 0 17961 Charlotte Hussey Director of IT 40.0 0.0 X 121718 0 18448 Dixie Uffelman Director of Production 40.0 0.0 X 117879 0 17629 MONIQUE COOPER DIRECTOR OF PATRON EXPERIENCE 40.0 0.0 X 117879 0 14094 W Rochelle Calhoun PRESIDENT 10.0 0.0 X X 0 0 0 Daniela Bonafede-Chhabra VICE PRESIDENT 2.0 0.0 X X 0 0 0 Sharon Dietrich VICE PRESIDENT 2.0 0.0 X X 0 0 0 Jill Dolan VICE PRESIDENT 2.0 0.0 X X 0 0 0 Ben Hammond Vice President 2.0 0.0 X X 0 0 0 Elliot Asarnow Treasurer 2.0 0.0 X X 0 0 0 Karen Schmitt SECRETARY 2.0 0.0 X X 0 0 0 Rhonda Adams-Medina TRUSTEE 1.0 0.0 X 0 0 0 James Barrood TRUSTEE 1.0 0.0 X 0 0 0 Leonard J Berlik TRUSTEE 1.0 0.0 X 0 0 0 Claudina Bonetti TRUSTEE 1.0 0.0 X 0 0 0 Paul T Decker TRUSTEE 1.0 0.0 X 0 0 0 James P Herring TRUSTEE 1.0 0.0 X 0 0 0 Duncan MacMillan TRUSTEE 1.0 0.0 X 0 0 0 Rita McGrath TRUSTEE 1.0 0.0 X 0 0 0 Elizabeth McNeilly TRUSTEE 1.0 0.0 X 0 0 0 Rohit Mehrotra TRUSTEE 1.0 0.0 X 0 0 0 Arslan Mian TRUSTEE 1.0 0.0 X 0 0 0 Robert A Mintz TRUSTEE 1.0 0.0 X 0 0 0 Wilma Nurse TRUSTEE 1.0 0.0 X 0 0 0 Aquatia L Owens TRUSTEE 1.0 0.0 X 0 0 0 Douglas Palmer TRUSTEE 1.0 0.0 X 0 0 0 Hilary A Parker TRUSTEE 1.0 0.0 X 0 0 0 Pamela Pruitt TRUSTEE 1.0 0.0 X 0 0 0 Neha Desai Shah TRUSTEE 1.0 0.0 X 0 0 0 Kim Swann TRUSTEE 1.0 0.0 X 0 0 0 Mark Thierfelder TRUSTEE 1.0 0.0 X 0 0 0 Anne M VanLent TRUSTEE 1.0 0.0 X 0 0 0 David Walker TRUSTEE 1.0 0.0 X 0 0 0 Martin Miller exec. Dir. as of 7/17/23 0.0 0.0 X 0 0 0 1352347 0 175917 11 false true false BBB Touring LLC 100 State Street Suite 800 FL 35 ALBANY NY 12207 PRESENTER 324801 American Repertory Ballet Company 301 N Harrison St Ste 1c PRINCETON NJ 08540 PRESENTER 216069 Situation Marketing LLC 469 7th Ave Ste 1300 NEW YORK NY 10018 ADVERTISING 188526 Bard at the Gate Inc 888 Seventh Avenue 24th Floor NEW YORK NY 10019 PRODUCTION SERVICES 158250 Isaacson Miller Inc 1800 K St NW WASHINGTON DC 20006 Employment agency 120118 7 100964 994939 2322416 26376 3418319 TICKET SALES & HANDLING CHARGES 711110 3190812 3190812 TUITION INCOME 611710 368356 368356 COMMUNITY PRODUCTIONS & EVENTS 532000 301066 301066 CO-PRODUCTION INCOME 711110 249571 249571 CONCESSION AND ARTIST MERCHANDISE INCOME 711110 125966 125966 61506 61506 4297277 1450450 1450450 0 31137 31137 0 0 0 0 185978 286942 185978 0 0 0 0 0 0 0 9197183 4297277 1481587 0 0 0 0 657107 453544 186925 16638 0 5795511 4992100 392496 410915 177948 177948 0 0 777231 578549 98252 100430 715187 605812 61938 47437 0 58796 0 58796 0 80921 0 80921 0 0 0 119287 0 119287 0 750813 327308 372568 50937 478273 478273 0 0 84253 53452 12243 18558 312563 281155 15704 15704 0 599702 599702 0 0 106165 98852 6588 725 0 25782 23438 2344 0 66525 66525 0 0 0 395168 316134 39517 39517 165769 124327 24865 16577 ARTISTIC FEE 1224144 1224144 0 0 THEATRE EXPENSE 714694 680027 25885 8782 PHYSICAL PRODUCTION 508947 508947 0 0 MISCELLANEOUS 2306 2306 0 0 512 512 13817604 11592543 1498841 726220 3749479 660992 25000 432068 1962622 1013379 1012584 504681 0 0 0 0 0 0 0 0 122573 157587 24208359 21174943 3136718 3033416 439692 1055453 32681014 29497390 0 0 0 0 12887 1361010 43142569 37715976 1714943 497595 0 0 1014918 1182959 0 0 0 0 0 0 514646 1349880 0 0 0 1360896 3244507 4391330 X 7376991 4078787 32521071 29245859 39898062 33324646 43142569 37715976 X -4620421 -1956616 3621 X X false true X true true true X 4074596 5004650 5631957 9894034 3418319 28023556 0 0 4074596 5004650 5631957 9894034 3418319 28023556 305954 27717602 1260013 1387235 1591027 1300553 419506 5958334 138947 38895 104637 266968 33348 582795 2218 50517 61025 23850 0 137610 34702295 18810344 0.79873 0.77380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30383627 60510 -652581 2014322 27777234 32711772 50000 -546078 1832067 30383627 22606815 105000 11917136 1917179 32711772 22373551 737121 3754198 1869031 24995839 22256085 225915 1156017 1260013 4453 22373551 0.66000 0.34000 false false 19369619 16601428 2768191 3029779 2819227 210552 1808961 1754287 54673 3033416 PRINCO POOLED INVESTMENT FUND 28931219 F CHARITABLE REMAINDER TRUST 566171 F 29497390 0 LEASE LIABILITY 1360896 1360896 X 8009137 -1956616 884236 3621 -1068759 9077896 119287 119287 9197183 14582553 884236 884236 13698317 119287 119287 13817604 PART X, LINE 2 THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS. SCHEDULE D, PART XI, LINE 2d CHANGE IN VALUE OF CHARITABLE REMAINDER TRUSTS OF $3,621 WAS INCLUDED IN THE AUDITED FINANCIAL STATEMENT, BUT HAS BEEN EXCLUDED FROM REVENUE AND IS SHOWN AS AN OTHER ADJUSTMENT TO NET ASSETS IN STATEMENT XII. GALA 286942 100964 185978 83236 102742 0 286942 100964 185978 83236 102742 185978 X X X X X X false false false false false false false false false Sarah Rasmussen Artistic Director 315180 0 0 17484 40459 373123 0 Michael Rosenberg Managing Dir. thru 09/2022 237692 0 0 0 20769 258461 0 Piper Burrows DIRECTOR OF DEVELOPMENT 170058 0 0 9250 1440 180748 0 Sudha Iyer CFO 142716 0 0 7322 11061 161099 0 X 1 26376 MARKET VALUE false true false FORM 990, PART VI, SECTION B, LINE 11 a DRAFT OF FORM 990 IS SENT TO BOARD MEMBERS FOR REVIEW AND COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUESTS BOARD MEMBERS AND KEY EMPLOYEES TO SIGN AN ANNUAL CONFLICT OF INTEREST POLICY CERTIFICATION. IN ADDITION, BOARD MEMBERS AND KEY EMPLOYEES ARE REQUESTED TO COMPLETE AN ANNUAL FORM 990 DISCLOSURE, WHICH REQUESTS DISCLOSURE OF ANY INTEREST THAT COULD GIVE RISE TO CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF KEY EMPLOYEES IS DISCUSSED AND APPROVED BY THE BOARD. THE ORGANIZATION HAS A COMPENSATION COMIMITTEE AND COMPENSATION IS GENERALLY BASED ON INDEPENDENT COMPENSATION CONSULTANTS, INDUSTRY STANDARD AND COMPENSATION SURVEYS AND STUDIES. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG. ALL DOCUMENTS ARE AVAILABLE UPON REQUEST AND ARE ALSO AVAILABLE ON OUR WEBSITE. FORM 990, PART VI, LINE 19 THE ORGANIZATION HAS MADE ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC VIA THEIR OWN WEBSITE. FORM 990, PART XII, LINE 2C THE BOARD HAS APPROVED THE AUDIT COMMITTEE FOR THE OVERSIGHT OF THE AUDIT WHICH INCLUDES REVIEWING THE AUDITED FINANCIALS. Part XI, line 9 Included in line 9, other changes in net assets includes an adjustment for the change in value of charitable remainder trusts of $3,621. FORM 990, PART III, SECTION 4A: PERFORMANCES & GATHERINGS: The McCarter is one of the country's flagship theatres, a vibrant center for community and for the performing arts, and a key cultural anchor for Central New Jersey. Nearly 75,000 community members joined McCarter in person in the 22/23 Season for more than 250 performances and community events, including the five-play Theatre Series, Dance Series, Classical Series, student productions hosted in partnership with the Triangle Club and Lewis Center for the Arts at Princeton University, and dozens of other performances and gatherings. A two-time Tony Award winner, the McCarter's legacy of artistic excellence encompasses a core commitment to new play development. McCarter undertook multiple new play workshops and commissions with playwrights in 2023. McCarter's 22/23 Season was led by Artistic Director Sarah Rasmussen, joined by Director of Special Programming Paula Abreu. In June, the company announced the appointment of Executive Director Martin Miller beginning in September 2023. FORM 990, PART III, SECTION 4B: EDUCATION & COMMUNITY PARTNERSHIPS: McCarter has a long history of providing robust education programs to students of all ages across Central New Jersey. During the 22/23 Season, the company served more than 4,500 students through in school residencies, on-site afterschool and Saturday classes, student matinees, adult and youth community workshops, virtual writing workshops, anti-bullying workshops, and summer camps. The company offered subsidized residencies at Community Park, Riverside, Johnson Park, and Littlebrook elementary schools across 19 1st-5th grade classrooms; offered the anti-bullying program Fair and Square to 3rd-5th grade students with support from New Jersey Council on the Arts; and, with the Arts Council of Princeton, continued a longstanding partnership with Homefront, a resource and support organization dedicated to ending homelessness in Central New Jersey. This program included the children of Homefront sharing a meal and engaging with McCarter teaching artists in art-making activities. Another returning community partner was Crossroads4Hope, a non profit support and resource organization for individuals impacted by cancer. First-time and seasoned authors submitted personal stories, and a collective script was them woven together from story moments in the submissions. Four actors and a director rehearsed the script and performed for a community audience. For the third year, McCarter participated in the New Jersey Theatre Alliance's Healing Voices: Caregivers Stories on Stage Program. Eleven pieces were woven into an evening of virtual readings celebrating, exploring, and highlighting the important work of caregivers.