2017-03-08T15:11:39-06:00 2016-08-31 450494838 FRIED AND KOWGIOS PARTNERS CPA'S LLP 1411 BROADWAY 9TH FLOOR NEW YORK NY 10018 990 2015-09-01 133021180 THE SECOND STAGE THEATRE INC SECO 2127878302 1501 BROADWAY NO 518 NEW YORK NY 10036 CAROLE ROTHMAN EXECUTIVE DIRECTOR 2127878302 2017-03-08 1 KAREN A KOWGIOS P01461372 2128293299 2015 2021-01-29 14:40:06Z X CASEY T REITZ 1501 BROADWAY NO 518 NEW YORK NY 10036 30151926 0 X WWW.2ST.COM X 1979 NY TO GIVE NEW LIFE TO CONTEMPORARY AMERICAN PLAYS & TO PRODUCE THE WORLD PREMIERES OF NEW PLAYS. 33 31 477 50 0 0 8809769 17295340 2803273 12374163 -753 23797 27778 37279 11640067 29730579 12500 41250 0 0 3254774 7859981 0 0 1141169 5455750 9709744 8723024 17610975 2917043 12119604 31163672 42771379 24447956 24003385 6715716 18767994 X SECOND STAGE THEATRE PRODUCES AN ADVENTUROUS RANGE OF PREMIERES, MUSICALS, BOLD NEW INTERPRETATIONS OF CONTEMPORARY PLAYS AND UNIQUE THEATRICAL EXPERIENCES FROM AMERICA'S MOST DYNAMIC WRITERS OF THE 21ST CENTURY. 0 0 14027236 41250 12411442 AS ONE OF THE LEADING NON-PROFIT THEATRE COMPANIES IN NEW YORK CITY, SECOND STAGE THEATRE'S PRODUCTIONS AND PROGRAMS SERVE MORE THAN 75,000 NYC RESIDENTS AND VISITORS EACH YEAR. OUR MISSION IS TO PRODUCE WORLD PREMIERES BY AMERICA'S PLAYWRIGHTS; GIVE NEW LIFE TO CONTEMPORARY AMERICAN PLAYS THROUGH "SECOND STAGINGS; AND OFFER PROGRAMS THAT FOSTER YOUNG THEATRE ARTISTS AND FUTURE THEATRE PROFESSIONALS. OUR MAINSTAGE SEASON INCLUDED A DIVERSE MIX OF PLAYS AND MUSICALS BY SECOND STAGE ALUMNI AS WELL AS ARTISTS NEW TO THE THEATRE, WITH ONE WORLD PREMIERE AND THREE NEW YORK PREMIERE PRODUCTIONS:THE SEASON BEGAN WITH "INVISIBLE THREAD", BY MATT GOULD AND GRIFFIN MATTHEWS. THE SHOW WAS DIRECTED BY DIANE PAULUS, AND RAN FROM OCTOBER 31 - DECEMBER 27, 2015. IT WAS SEEN BY 16,242 PEOPLE DURING ITS RUN.NEXT UP WAS "SMART PEOPLE", BY LYDIA R. DIAMOND. THE SHOW RAN FROM JANUARY 26 - MARCH 6, 2016 AND WAS SEEN BY AN AUDIENCE OF 12,801.THE THIRD SHOW OF THE SEASON WAS"DEAR EVAN HANSEN", WITH MUSIC AND LYRICS BY BENJ PASEK AND JUSTIN PAUL AND BOOK BY STEVEN LEVENSON. DIRECTED BY THREE-TIME TONY NOMINEE MICHAEL GREIF, "DEAR EVAN HANSEN" RECEIVED RAVE REVIEWS AND WAS EXTENDED BY A WEEK, RUNNING FROM MARCH 26 - MAY 29. THE SHOW RECEIVED TWO 2016 OBIE AWARDS, THE OUTER CRITICS CIRCLE AWARD FOR OUTSTANDING NEW OFF-BROADWAY MUSICAL, AND THE HELEN HAYES AWARDS FOR OUTSTANDING MUSICAL. THE SEASON CONCLUDED WITH THE WORLD PREMIERE OF"LAYOVER" BY LESLYE HEADLAND. "LAYOVER" WAS DIRECTED BY TRIP CULLMAN, AND WAS SEEN BY 10,777 PEOPLE DURING ITS RUN FROM AUGUST 2 - SEPTEMBER 11.2ST UPTOWNIN ADDITION TO OUR MAINSTAGE SEASON, SECOND STAGE PROVIDES TWO EARLY-CAREER PLAYWRIGHTS WITH FULL PRODUCTIONS OF THEIR WORK AT 2ST UPTOWN, WHICH TAKES PLACE EACH SUMMER AT THE INTIMATE 108-SEAT MCGINN/CAZALE THEATRE. THE PROGRAM HELPS PARTICIPATING PLAYWRIGHTS HONE THEIR ARTISTIC SKILLS BY WORKING WITH SECOND STAGE'S ARTISTIC STAFF AND AN EXPERIENCED DIRECTOR, INCLUDING AN INTENSIVE REHEARSAL PERIOD AND TALKBACKS WITH THE AUDIENCE FOLLOWING EARLY PREVIEWS. DURING THE SUMMER OF 2016 WE PRODUCED ONE WORLD PREMIERE AND ONE NEW YORK PREMIERE AT 2ST UPTOWN: "FRIEND ART" RAN FROM MAY 17 - JUNE 12, AND WAS SEEN BY 2,661 PEOPLE."ENGAGEMENTS" WAS SEEN BY AN AUDIENCE OF 3,570 DURING ITS RUN FROM JULY 18 - AUGUST 14.ADDITIONAL PROGRAMS FOR ARTISTSAS PART OF OUR COMMITMENT TO DEVELOPING NEW WORK AND ENHANCING THE LANDSCAPE OF CONTEMPORARY AMERICAN THEATRE, WE REGULARLY COMMISSION WORKS FROM TALENTED PLAYWRIGHTS AT VARIOUS POINTS IN THEIR CAREERS. WE HAVE RECENTLY LAUNCHED PARTNERSHIPS WITH THE CENTER THEATRE GROUP IN LOS ANGELES, THE WILLIAMSTOWN THEATRE FESTIVAL, AND TRUE COLORS THEATRE IN ATLANTA TO JOINTLY COMMISSION AND DEVELOP WORK. THROUGHOUT THE YEAR, WE ALSO HOLD READINGS AND WORKSHOPS, WORKING WITH BOTH EMERGING AND ESTABLISHED PLAYWRIGHTS AND DIRECTORS TO HELP THEM DEVELOP THEIR NEWEST WORK FOR THE STAGE. ON AVERAGE, WE HOST 10-12 PLAY READINGS A YEAR. EDUCATION AND OUTREACHSECOND STAGE'S PRODUCTIONS SERVE AS THE BASIS FOR A VARIETY OF EDUCATION AND OUTREACH PROGRAMS. OUR FREE STUDENT MATINEES BRING 1,000 STUDENTS FROM NYC PUBLIC SCHOOLS TO SECOND STAGE THEATRE EACH YEAR. THROUGH OUR SECOND GENERATION PROGRAM, WE INVITE 450 STUDENTS FROM COMMUNITY COLLEGES TO ATTEND AN EVENING PERFORMANCE OF OUR MAINSTAGE PRODUCTIONS WITH THE AIM OF PROVIDING MORE YOUNG PEOPLE WITH FREE ACCESS TO THE THEATRE AND BUILDING FUTURE AUDIENCES. WE ALSO RUN THE POPULAR SUMMER STUDENT LEADERSHIP FORUM, WHICH BRINGS FIFTEEN HIGH SCHOOL AND COLLEGE STUDENTS INTO OUR OFFICES FOR INTENSIVE AND HANDS-ON TEN-WEEK INTERNSHIPS. FOR MANY YOUNG PEOPLE, THE HIGH COST OF TICKETS PREVENTS THEM FROM ATTENDING THE THEATRE; SECOND STAGE THEATRE'S SUBSIDIZED TICKET PROGRAM AIMS TO DECREASE THIS BARRIER BY OFFERING DEEPLY DISCOUNTED TICKETS TO STUDENTS AND YOUNG PEOPLE. .FINALLY, IN ORDER TO MAKE THEATRE MORE ACCESSIBLE TO THE VISUALLY IMPAIRED AND DEAF AND HARD-OF-HEARING COMMUNITIES, WE OFFER OPEN CAPTIONED AND AUDIO DESCRIBED PERFORMANCES FOR ALL OF OUR MAINSTAGE PRODUCTIONS. 14027236 1 1 0 1 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 63 0 477 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 33 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X SAM BELLINGER 2127878302 305 WEST 43RD STREET NEW YORK NY 10036 STEPHEN C SHERRILL CHAIRMAN 5.00 X X 0 0 0 SUZANNE SCHWARTZ DAVIDSON TREASURER 5.00 X X 0 0 0 ANDREW D ALLEN BOARD MEMBER 2.00 X 0 0 0 ELIZABETH C BERENS BOARD MEMBER 2.00 X 0 0 0 LOUISE HENRY BRYSON BOARD MEMBER 2.00 X 0 0 0 SALLY D CLEMENT BOARD MEMBER 2.00 X 0 0 0 LAWRENCE G CREEL BOARD MEMBER 2.00 X 0 0 0 BRENT R NICKLAS BOARD MEMBER 2.00 X 0 0 0 DEBRA MARTIN CHASE BOARD MEMBER 2.00 X 0 0 0 FRANCES D FERGUSSON BOARD MEMBER 2.00 X 0 0 0 TONY GOLDWYN BOARD MEMBER 2.00 X 0 0 0 MARY TAVENER HOLMES BOARD MEMBER 2.00 X 0 0 0 WENDY EVANS JOSEPH BOARD MEMBER 2.00 X 0 0 0 ANTHONY C M KISER BOARD MEMBER 2.00 X 0 0 0 STEVEN B KLINSKY BOARD MEMBER 2.00 X 0 0 0 TERRY LINDSAY BOARD MEMBER 2.00 X 0 0 0 GEORGE S LOENING BOARD MEMBER 2.00 X 0 0 0 PATTI LUPONE BOARD MEMBER 2.00 X 0 0 0 TIMOTHY J MCCLIMON CHAIRMAN, EXECUTIVE COMMITTEE 5.00 X X 0 0 0 LYNN NOTTAGE BOARD MEMBER 2.00 X 0 0 0 GABRIELLE LONDON PALITZ SECRETARY 5.00 X X 0 0 0 ROBERT NASH BOARD MEMBER 2.00 X 0 0 0 BAMBI PUTNAM BOARD MEMBER 2.00 X 0 0 0 MARY SNOW BOARD MEMBER 2.00 X 0 0 0 NATHAN E SAINT-AMAND BOARD MEMBER 2.00 X 0 0 0 SYDNEY R SHUMAN BOARD MEMBER 2.00 X 0 0 0 ANGELA SUN BOARD MEMBER 2.00 X 0 0 0 NANCY WALKER BOARD MEMBER 2.00 X 0 0 0 CANDACE WEIR BOARD MEMBER 2.00 X 0 0 0 CAROLE ROTHMAN ARTISTIC DIRECTOR 40.00 X X 148840 0 16691 CASEY T REITZ EXECUTIVE DIRECTOR 40.00 X X 175312 0 2550 GINA LEONETTI BOONSHOFT BOARD MEMBER 2.00 X 0 0 0 STEWART SMITH BOARD MEMBER 2.00 X 0 0 0 SAMUEL J BELLINGER DIRECTOR OF FINANCE 40.00 X 102010 0 3750 CHRISTOPHER G BURNEY ASSOCIATE ARTISTIC DIRECTO 40.00 X 105202 0 7594 LAURA DILORENZO DIRECTOR OF MARKETING 40.00 X 101230 0 7726 632594 0 38311 5 0 1 0 ROCKWELL GROUP 5 UNION SQUARE WEST 8TH FL NEW YORK NY 10036 CONSTRUCTION 965026 PALACE FUNDING INC 122 EAST 42ND ST SUITE 4705 NEW YORK NY 10168 THEATRE RENT 709115 YORKE CONSTRUCTION CORPORATION 140 W 31ST STREET 4TH FLOOR NEW YORK NY 10001 CONSTRUCTION 554624 ZUBATKIN OWNER REPRESENTATION 333 WEST 52ND STREET 6TH FLOOR NEW YORK NY 10019 CONSTRUCTION 185015 BROADWAY PHOENIX CO INC 200 PARK AVE SOUTH 10TH FLOOR NEW YORK NY 10003 THEATRE RENT 131721 6 1572773 435912 15286655 315819 17295340 RENTS & REIMBURSED EXPENSES 711110 6125740 6125740 PRODUCTION ENHANCEMENTS 711110 2807025 2807025 BOX OFFICE REVENUE 711110 2307101 2307101 SUBSCRIPTIONS 711110 867713 867713 RENTAL INCOME 532000 126550 126550 140034 140034 12374163 24875 24875 28412 28412 45049 46127 -1078 -1078 -1078 375220 1572773 375220 0 OTHER INCOME 711110 8867 8867 8867 29730579 12411442 0 23797 41250 41250 628960 281164 207212 140584 5173939 4204863 597732 371344 1001519 987008 14511 280110 116704 94201 69205 775453 600470 106997 67986 55576 28588 26988 54922 54922 36100 36100 362873 214569 132370 15934 515795 515795 62334 48502 8340 5492 67342 67342 2003986 1559301 268138 176547 54289 53620 649 20 717062 717062 789974 614679 105700 69595 283338 220413 37968 24957 PRODUCTION EXPENSES 2381573 2381573 ARTISTIC FEES 1536157 1536157 BANK AND CC FEES 199283 177340 21943 SUBSCRIPTION COSTS 149520 149520 439620 228378 69780 141462 17610975 14027236 2442570 1141169 368963 118725 2326000 6573630 923277 2736085 97365 114026 236785 189756 34864756 6137329 26920435 28727427 4000000 290847 311730 31163672 42771379 1088526 1173488 6182148 5624086 424524 415068 16500000 16500000 252758 290743 24447956 24003385 X 3990865 9183485 2724851 9584509 6715716 18767994 31163672 42771379 X 12119604 -67326 X X 0 1 X 1 0 X 4252038 3578175 4613966 8809769 17295340 38549288 4252038 3578175 4613966 8809769 17295340 38549288 9723824 28825464 208045 189194 211991 461360 179837 1250427 86144 50698 32261 27778 8867 205748 40005463 25670731 0.72050 0.81570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 36100 36100 17574875 17610975 1000000 250000 0 0 580132 577510 586151 1000000 2743793 4115690 36350 36150 36350 36100 144950 145033 144378 146538 250000 685949 1028924 5987500 5987500 20388934 719772 19669162 5186515 5078615 107900 733817 338942 394875 2567990 2567990 28727427 CERTIFICATES OF DEPOSITS 4000000 F 4000000 DEFERRED RENT 290743 290743 X 29761782 31203 31203 29730579 0 29730579 17709504 31203 67326 98529 17610975 0 17610975 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 THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF LEASEHOLD IMPROVEMENTS & EQUIPMENT 67,326. GALA CELEBRATION 1650036 1310537 339499 161743 164013 13744 ALL-STAR BOWLING 297957 262236 35721 26645 9075 1947993 1572773 375220 26645 161743 164013 22819 375220 0 1 COMMISSION FOR PLAYWRIGHTING 5 41250 BOOK PART I, LINE 2: EXPENSES RELATED TO GRANTS AWARDED ARE CLASSIFIED SEPARATELY FOR TRACKING PURPOSES AND ARE REVIEWED MONTHLY BY THE DIRECTOR OF FINANCE AND THE DIRECTOR OF DEVELOPMENT TO ENSURE COMPLIANCE UNDER THE GRANT TERMS. X X X 0 0 0 0 0 0 0 0 0 CAROLE ROTHMAN ARTISTIC DIRECTOR 148840 0 0 0 0 0 0 0 16691 0 165531 0 0 0 CASEY T REITZ EXECUTIVE DIRECTOR 175312 0 0 0 0 0 0 0 2550 0 177862 0 0 0 STEPHEN SHERRILL CASH FLOW X 1050000 415068 0 1 1 415068 X 6 46127 FAIR MARKET VALUE X EQUIPMENT 1 269692 COST 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 DRAFT OF FORM 990 IS SENT TO THE FULL BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND OFFICERS ARE REQUESTED TO SUBMIT AN ANNUAL CONFLICT OF INTEREST CERTIFICATION AND FORM 990 DISCLOSURE FORM. AUDIT COMMITTEE MONITORS ANY POSSIBLE CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF OFFICERS IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE BASED ON COMPARABILITY DATA. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS AVAILABLE ON GUIDESTAR.ORG AND THE NEW YORK STATE CHARITIES BUREAU WEBSITE, ALL OTHERS UPON REQUEST. FORM 990, PART XI, LINE 9: LOSS ON DISPOSAL OF LEASEHOLD IMPROVEMENTS & EQUIPMENT -67,326. FORM 990, PART XI, LINE 2C: THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT. 240 WEST 44TH STREET ONE LLC 305 WEST 43RD STREET NEW YORK NY 10036 473512103 THEATRE RENTAL NY 5898759 26541 THE SECOND STAGE THEATRE INC 240 WEST 44TH STREET TWO LLC 305 WEST 43RD STREET NEW YORK NY 10036 473496867 REAL ESTATE NY 0 26752563 THE SECOND STAGE THEATRE INC