2023-02-28T13:02:26-06:00 2022-06-30 WITHUMSMITHBROWN PC 1411 BROADWAY 9TH FLOOR NEW YORK NY 10018 990 2021-07-01 210724198 MCCARTER THEATRE COMPANY % SUDHA IYER MCCA 6092586500 91 UNIVERSITY PLACE PRINCETON NJ 08540 Sarah Rasmussen ARTISTIC DIRECTOR 6092586500 2023-02-21 true Sarah Rasmussen 999009999 CATHERINE BENDALL CPA P00521196 2127519100 2023-02-21 3 2021 2023-04-26 12:10:37Z Sarah Rasmussen 91 UNIVERSITY PLACE PRINCETON NJ 08540 14540960 false X WWW.MCCARTER.ORG X 1960 NJ MCCARTERs mission: to create world-class theatre and present the finest performing artists for THE ENGAGEMENT Education and entertainment OF OUR COMMUNITY. 31 31 182 0 266968 0 5631957 9894034 292339 2989088 1591027 1418570 74074 36400 7589397 14338092 0 0 0 0 2888689 5953397 0 0 558875 2142738 5410516 5031427 11363913 2557970 2974179 42200271 43142569 3280470 3244507 38919801 39898062 X MCCARTER IS A NATIONALLY RENOWNED PERFORMING ARTS CENTER BETWEEN NYC AND PHILADELPHIA, LOCATED ON THE CAMPUS OF PRINCETON UNIVERSITY. IT IS A MULTI-DISCIPLINARY CREATIVE HUB OF ARTS AND IDEAS OFFERING THEATER, MUSIC, DANCE, SPOKEN WORD, VIRTUAL PROJECTS AND EDUCATIONAL PROGRAMS FOR ALL AGES. LEADING WITH VALUES OF JUSTICE AND JOY, BEAUTY IN BELONGING, MCCARTER'S MISSION IS TO CREATE STORIES AND EXPERIENCES THAT ENLIVEN MINDS, EXPAND IMAGINATIONS AND ENGAGE COMMUNITIES. true true 6720412 1339837 THEATER SERIES: PLEASE SEE SCHEDULE O FOR DETAILED PROGRAM DESCRIPTION. 2341004 1197951 PRESENTED SERIES: PLEASE SEE SCHEDULE O FOR DETAILED PROGRAM DESCRIPTION. 409092 208182 EDUCATION & COMMUNITY PARTNRESHIPS: PLEASE SEE SCHEDULE O FOR DETAILED PROGRAM DESCRIPTION. 9470508 true true false false false false false false false true true true false false false 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 67 0 true 182 true true true false false false false true true false false false false false false false false X 31 31 false false false false false false false true true false false true true true true true true true true false NJ PA X X SUDHA IYER 6092586549 91 UNIVERSITY PLACE PRINCETON NJ 08540 Sarah Rasmussen Artistic Director 50.0 0.0 X 347774 0 37936 MICHAEL ROSENBERG MANAGING DIRECTOR 60.0 0.0 X 316211 0 19359 Debbie Bisno RESIDENT PRODUCER 40.0 0.0 X 126667 0 10767 William Lockwood Jr Programming Director 0.0 0.0 X 135707 0 0 Dixie Uffelman Director of Production 40.0 0.0 X 117980 0 16981 MONIQUE COOPER DIRECTOR OF PATRON EXPERIENCE 40.0 0.0 X 106689 0 16421 CHARLOTTE C HUSSEY DIRECTOR OF IT 40.0 0.0 X 111215 0 6781 Sudha Iyer CFO 40.0 0.0 X 8192 0 0 ROBERT CARUSO TRUSTEE 1.0 0.0 X 0 0 0 ASHLEY AITKEN-DAVIES VICE PRESIDENT 2.0 0.0 X X 0 0 0 W ROCHELLE CALHOUN PRESIDENT 10.0 0.0 X X 0 0 0 ANNE M VANLENT TREASURER 2.0 0.0 X X 0 0 0 LEONARD BERLIK TRUSTEE 1.0 0.0 X 0 0 0 PAUL T DECKER TRUSTEE 1.0 0.0 X 0 0 0 SHARON DIETRICH TRUSTEE 1.0 0.0 X 0 0 0 JILL DOLAN TRUSTEE 1.0 0.0 X 0 0 0 Christi Gautam TRUSTEE 1.0 0.0 X 0 0 0 BEN HAMMOND VICE PRESIDENT 2.0 0.0 X 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 ELIZABETH MCNEILLY TRUSTEE 1.0 0.0 X 0 0 0 RHONDA MEDINA TRUSTEE 1.0 0.0 X 0 0 0 ARSLAN MIAN TRUSTEE 1.0 0.0 X 0 0 0 ROBERT MInTZ TRUSTEE 1.0 0.0 X 0 0 0 KATHLEEN NOLAN TRUSTEE 1.0 0.0 X 0 0 0 WILMA NURSE TRUSTEE 1.0 0.0 X 0 0 0 AQUATIA OWENS TRUSTEE 1.0 0.0 X 0 0 0 DOUGLAS PALMER TRUSTEE 1.0 0.0 X 0 0 0 HILARY PARKER TRUSTEE 1.0 0.0 X 0 0 0 KAREN SCHMITT SECRETARY 2.0 0.0 X X 0 0 0 Mark Thierfelder TRUSTEE 1.0 0.0 X 0 0 0 RONALD S WARD TRUSTEE 1.0 0.0 X 0 0 0 DANIELLA BONAFEDE-CHHABRA VICE PRESIDENT 2.0 0.0 X X 0 0 0 ELLIOT ASARNOW TRUSTEE 1.0 0.0 X 0 0 0 NEHA DESAI SHAH TRUSTEE 1.0 0.0 X 0 0 0 JAMES BARROOD TRUSTEE 1.0 0.0 X 0 0 0 ROHIT MEHROTRA TRUSTEE 1.0 0.0 X 0 0 0 DAVID WALKER TRUSTEE 1.0 0.0 X 0 0 0 RITA MCGRATH TRUSTEE 1.0 0.0 X 0 0 0 1270435 0 108245 7 false true false TEXAS SCENIC COMPANY INC 8053 POTRANCO RD SAN ANTONIO TX 78251 EQUIPMENT PURCHASE 1671100 ISAACSON MILLER INC 1800 K St NW WASHINGTON DC 20006 CONSULTING SERVICES 197618 The Aber Group 120 EGLINTON AVE EAST SUITE 608 TORONTO ONTARIO CA M4P 1E2 advertising 104672 3 60935 6437098 3396001 326805 9894034 TICKET SALES 711110 1863005 1863005 CO-PRODUCTION INCOME 711110 332655 332655 RENTAL INCOME 532000 278766 278766 PRODUCTION SHOP INCOME 711110 266968 266968 TUITION INCOME 611710 208182 208182 39512 39512 2989088 1418570 1418570 0 12550 12550 0 0 0 0 202868 263803 202868 0 0 0 0 0 0 MISCELLANEOUS INCOME 711110 23850 23850 23850 14338092 2745970 266968 1431120 0 0 0 0 702630 418474 217296 66860 0 4041254 3513033 294310 233911 64179 64179 620806 465604 82300 72902 524528 433382 57372 33774 0 65221 65221 75953 75953 0 0 118017 118017 2077898 1753186 264092 60620 531152 531152 63684 30343 24946 8395 345721 297647 24436 23638 45490 45490 440885 440885 83370 80436 2932 2 0 30570 27423 2307 840 24404 24404 0 358931 341395 8768 8768 145199 108899 21780 14520 PHYSICAL PRODUCTION 534369 534369 THEATRE EXPENSE 282214 282214 BANK FEES 77993 77993 INDIRECT COSTS SPECIAL EVENTS 34645 0 34645 74800 74800 11363913 9470508 1334530 558875 3670019 3749479 19987 25000 1193921 1962622 522240 1012584 0 0 0 0 0 0 0 0 49038 122573 23916493 20779775 999323 3136718 486133 439692 35246136 32681014 0 0 0 0 13474 12887 42200271 43142569 523366 1714943 0 0 935684 1014918 0 0 0 0 0 0 587730 514646 1233690 0 0 0 3280470 3244507 X 4479970 7376991 34439831 32521071 38919801 39898062 42200271 43142569 X 2974179 -1883289 -112629 X X false true X true true true X 5834415 4074596 5004650 5631957 9894034 30439652 0 0 5834415 4074596 5004650 5631957 9894034 30439652 966672 29472980 1182116 1260013 1387235 1591027 1418570 6838961 101518 138947 38895 104637 266968 650965 21588 2218 50517 61025 23850 159198 38088776 21532216 0.77380 0.64316 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 32711772 50000 -546078 1832067 30383627 22606815 105000 11917136 1917179 32711772 22373551 737121 1365174 1869031 22606815 22256085 225915 1156017 1260013 4453 22373551 18477928 2117635 2846949 1182116 4311 22256085 0.54000 0.46000 false false 17300328 16318376 981952 3029779 2737174 292605 3586386 1724225 1862161 3136718 PRINCO POOLED INVESTMENT FUND 32107953 F CHARITABLE REMAINDER TRUST 573061 F 32681014 0 0 X 13097828 -1883289 873671 -112629 -1122247 14220075 118017 118017 14338092 12119567 873671 873671 11245896 118017 118017 11363913 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. Total Interactive Events LLC Special Event false GALA 263803 60935 202868 202868 0 263803 60935 202868 202868 202868 X X X X X X false false false false false false false false false MICHAEL ROSENBERG MANAGING DIRECTOR 316211 15450 3909 335570 Sarah Rasmussen Artistic Director 347774 15450 37936 401160 X 5 37212 MARKET VALUE X Donated equipment 1 289593 fair value false true false Schedule D, Part XI, line 4b Change in value of charitable remainder trusts of ($112,629) 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. 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 $(112,629). FORM 990, PART III, SECTION 4A THEATER SERIES: MCCARTER IS LED BY ARTISTIC DIRECTOR SARAH RASMUSSEN WHO JOINED THE COMPANY IN 2020 DURING THE HEIGHT OF THE PANDEMIC. SHE CONTINUES THE LEGACY OF COMMISSIONING AND PREMIERING NEW WORKS ALONGSIDE PROVOCATIVE PLAYS AND REINVENTED CLASSICS. WITH THE PANDEMIC "PIVOT", IT WAS NECESSARY TO TRANSITION FROM THE TRADITIONAL FIXED 5-PLAY + A CHRISTMAS CAROL SEASON TO A FLEXIBLE, ROLLING - PART LIVE-PART-DIGITAL - PROGRAMMING MODEL. DESPITE THE CHALLENGE OF SCHEDULING, SUBSCRIPTIONS HALTED, NEW TECHNOLOGY, SHIFTING PATRON PATTERNS, COVID PROTOCOLS (AMONG ARTISTS AND AUDIENCES), AND HAVING TO POSTPONE IT'S ANNUAL PRODUCTION OF A CHRISTMAS CAROL, MCCARTER SUCCESSFULLY PRODUCED A SEASON OF AMBITIOUS, PROVOCATIVE AND AWARD WINNING ENTERTAINMENT - ONLINE AND ON STAGE LIVE WHICH INCLUDED: 4 VIRTUAL PLAYS; 2 FULLY PRODUCED MUSICALS; A PRODUCTION DIRECT FROM BROADWAY AND AN ORIGINAL PLAY-READING WORKSHOP LED BY A PULITZER PRIZE WINNER. LIVE THEATER ATTENDANCE WAS AT 10,411 AND VIRTUAL PLAY OFFERINGS STREAMED GLOBALLY TO 2,107 PATRONS. FORM 990, PART III, SECTION 4B PRESENTED SERIES: MCCARTER IS A CELEBRATED PRESENTER OF WORLD CLASS TOURING ARTISTS AND UNIQUE PERFORMANCE HEADLINERS. HIT HARD BY THE PANDEMIC - MANY TOURING ARTISTS FROM ABROAD PUT TRAVELING ON HOLD AND/OR CANCELED EVENTS AFTER BOOKING. IN SPITE OF THAT, WE DELIVERED 53 EVENTS ACROSS MUSIC, DANCE, COMEDY, SPOKEN WORD, FAMILY PROGRAMMING AND OFF SITE COMMUNITY PERFORMANCES. (AN ADDITIONAL 7 SHOWS WERE POSTPONED DUE TO THE PANDEMIC AND SEVERAL RESCHEDULED FOR FY23.) APPROXIMATELY 27,447 PATRONS ATTENDED THIS SERIES - EXPERTLY CURATED BY WILLIAM W. LOCKWOOD, JR. IN TANDEM WITH SARAH RASMUSSEN - AS LOCKWOOD COMPLETED HIS FINAL LAP AS SPECIAL PROGRAMMING DIRECTOR - AFTER A 60 YEAR TENURE. FORM 990, PART III, SECTION 4C EDUCATION & COMMUNITY PARTNERSHIPS: MCCARTER THEATRE CENTER HAS A LONG HISTORY OF PROVIDING ROBUST EDUCATION PROGRAMS TO STUDENTS OF ALL AGES ACROSS CENTRAL NEW JERSEY. THESE PROGRAMS INCLUDE IN-SCHOOL RESIDENCIES, ON-SITE AFTERSCHOOL AND SATURDAY CLASSES, STUDENT MATINEES, ADULT AND YOUTH COMMUNITY WORKSHOPS, VIRTUAL WRITING WORKSHOPS, TWO NEW ANTI-BULLYING WORKSHOPS, AND OUR SUMMER CAMP. DURING THE 2021-22 SEASON, 1,545 STUDENTS WERE SERVED THROUGH MCCARTER'S EDUCATION PROGRAMS, BRINGING IN $208,166 OF INCOME FOR THE ORGANIZATION. DUE TO THE PANDEMIC, SCHOOLS HAD LIMITED PERMISSION TO ALLOW FIELD TRIPS OR INVITE OUTSIDE EDUCATORS INTO THE CLASSROOM. AS A RESULT, OUR SCHOOL AND COMMUNITY-BASED EDUCATION PROGRAMS WERE REDUCED COMPARED TO THE PREVIOUS TWO YEARS, BUT WE EXPECT TO BE FULLY OPERATIONAL FOR THE UPCOMING 2022-23 YEAR. IN FY22, MCCARTER OFFERED 6-10-SESSION SUBSIDIZED RESIDENCIES AT COMMUNITY PARK, RIVERSIDE, AND LITTLEBROOK ELEMENTARY SCHOOLS, SERVING 462 STUDENTS ACROSS TWENTY-ONE 1ST-5TH GRADE CLASSROOMS. SUPPORTED BY A NEW JERSEY COUNCIL ON THE ARTS GRANT, WE ALSO PRESENTED OUR ANTI-BULLYING PROGRAM, ALICE'S STORY, TO 418 1ST - 3RD-GRADE STUDENTS AT ALL FOUR PRINCETON ELEMENTARY SCHOOLS. MCCARTER CONTINUED OUR LONG-STANDING PARTNERSHIP WITH HOMEFRONT, A RESOURCE AND SUPPORT ORGANIZATION WHOSE MISSION IS TO END HOMELESSNESS IN CENTRAL NEW JERSEY. THIS PROGRAM INCLUDED THE CHILDREN OF HOMEFRONT VISITING MCCARTER, HAVING A SHARED MEAL, AND ENGAGING WITH MCCARTER TEACHING ARTISTS IN ART-MAKING ACTIVITIES. A NEW PARTNER THIS PAST YEAR WAS CROSSROADS4HOPE, A NON-PROFIT SUPPORT AND RESOURCE ORGANIZATION FOR INDIVIDUALS IMPACTED BY CANCER. IN FALL 2021, WE OFFERED A PLAYWRITING WORKSHOP WHERE FIRST-TIME AND SEASONED AUTHORS SUBMITTED THEIR PERSONAL STORIES. A COLLECTIVE SCRIPT WAS CREATED BY WEAVING TOGETHER STORY MOMENTS FROM THE SUBMISSIONS. THEN, THREE ACTORS AND A DIRECTOR REHEARSED THE SCRIPT, AND PERFORMED A LIVE-STREAMED PRODUCTION FOR AN AUDIENCE OF OVER 80 SUPPORTERS. FOR THE SECOND YEAR, MCCARTER PARTICIPATED IN THE NEW JERSEY THEATRE ALLIANCE'S HEALING VOICES: CAREGIVERS STORIES ON STAGE PROGRAM. NEW JERSEY PROFESSIONAL AND FAMILY CAREGIVERS, AND PATIENTS RECEIVING CARE, SUBMITTED CREATIVE PROSE, POETRY, AND THEATRICAL PIECES THAT REFLECTED THE THEME OF CAREGIVING AND/OR THEIR PERSONAL HEALING EXPERIENCE. EIGHT PIECES SELECTED BY MCCARTER WERE WOVEN INTO AN EVENING OF VIRTUAL READINGS CELEBRATING, EXPLORING, AND BEARING FORM 990 PART IX LINE 11G DESCRIPTION:ARTISTIC FEES TOTAL FEES:1508537 FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTING FEES TOTAL FEES:453605 FORM 990 PART IX LINE 11G DESCRIPTION:OTHER TOTAL FEES:115756