2016-02-08T09:35:56-06:00 2015-06-30 450494838 FRIED AND KOWGIOS PARTNERS CPA'S LLP 441 LEXINGTON AVENUE NEW YORK NY 10017 990 2014-07-01 521857757 TWO RIVER THEATRE COMPANY INC TWOR 7323451400 21 BRIDGE AVENUE RED BANK NJ 07701 MICHAEL HURST MANAGING DIRECTOR 7323451400 2016-02-08 1 KAREN A KOWGIOS P01461372 2124902200 2014 2016-08-17 19:52:53Z MICHAEL HURST 21 BRIDGE AVENUE RED BANK NJ 07701 5849240 0 X WWW.TWORIVERTHEATER.ORG X 1993 NJ TO CREATE GREAT AMERICAN THEATER BY DEVELOPING AND PRODUCING NEW WORKS AND WORLD MASTERPIECES. 21 21 245 300 62553 -10783 3984310 4065639 1263002 1429148 6634 14569 77571 63186 5331517 5572542 0 0 0 0 3124348 3214629 0 0 439310 2808324 2880367 5932672 6094996 -601155 -522454 21696014 21297514 707112 832619 20988902 20464895 TWO RIVER THEATER COMPANY'S MISSION IS TO CREATE GREAT AMERICAN THEATER BY DEVELOPING AND PRODUCING NEW WORKS AND WORLD MASTERPIECES. WE CULTIVATE AN AUDIENCE THAT CHERISHES THE INTIMATE JOY OF THEATER, ENRICHED WHEN SHARED BY A COMMUNITY OF OTHERS. 0 0 4674647 1375476 THE 2014-2015 SEASON REFLECTS A COMMITMENT TO PRODUCING THEATER THAT EXCITES THE PASSIONS OF ARTISTS, AND CHALLENGES THEM TO CREATE THEIR BEST WORK. AWARD-WINNING THEATER LUMINARIES AND SOME OF THE MOST EXCITING EMERGING TALENT IN THE AMERICAN THEATER CAME TO TWO RIVER TO CREATE A VARIETY OF OUTSTANDING PRODUCTIONS AND PARTICIPATE IN THE CULTURAL LIFE OF RED BANK. AUDIENCES WERE ENGAGED, ENTERTAINED AND ENLIGHTENED. THIS YEAR'S PRODUCTIONS INCLUDED "THE SCHOOL FOR WIVES", "CAMELOT, "ABSURD PERSON SINGULAR", AND THREE WORLD PREMIERES: "GUADALUPE IN THE GUEST ROOM", "YOUR BLUES AIN'T SWEET LIKE MINE AND "BE MORE CHILL". 276567 54305 TWO RIVER'S ARTS EDUCATION INITIATIVES ARE CENTRAL TO OUR COMMITMENT TO INTRODUCE YOUNG PEOPLE TO THE THEATER; CREATE OPPORTUNITIES FOR THEM TO ENGAGE WITH PROFESSIONAL THEATER ARTISTS; AND CULTIVATE A NEW GENERATION OF THEATERGOERS. PROGRAMS INCLUDE THEATERWORKS AND NO SEATS EMPTY 2.0, WHICH REACH UNDERSERVED YOUTH; METRO SCHOLARS, A COMPETITIVE YEAR-LONG INTERNSHIP FOR HIGH SCHOOL JUNIORS; STUDENT MATINEES; AND OUR SUMMER THEATER CAMP FOR STUDENTS FROM 1ST TO 12TH GRADES. AS PART OF OUR "A LITTLE SHAKESPEARE" PROGRAM, WE PRESENTED AN ADAPTATION OF SHAKESPEARE'S "A MIDSUMMER NIGHT'S DREAM" PERFORMED BY LOCAL HIGH SCHOOL STUDENTS FOR AUDIENCES OF YOUTH AGED 9-12. 313213 0 TWO RIVER THEATER IS RECOGNIZED IN THE NATIONAL THEATER COMMUNITY FOR OUR NEW-PLAY COMMISSIONING PROGRAM, WHICH LAUNCHED IN 2010 AND HAS TO DATE OFFERED 10 COMMISSIONS TO GIFTED PLAYWRIGHTS, COMPOSERS, AND LYRICISTS. CURRENT PLAY-DEVELOPMENT PROGRAMS INCLUDE READINGS, WORKSHOPS, AND ARTIST RETREATS THROUGHOUT THE YEAR; AN ANNUAL CABARET OF NEW SONGS FOR THE MUSICAL THEATER IN ASSOCIATION WITH NYU'S GRADUATE MUSICAL THEATRE WRITING PROGRAM; CROSSING BORDERS, AN ANNUAL FIVE-DAY FESTIVAL OF NEW PLAYS BY LATINO WRITERS; NOSOTROS, A PROGRAM THAT FOSTERS A CLOSER RELATIONSHIP BETWEEN THEATER AND LATINO ARTISTS AND AUDIENCES; AND AN ANNUAL RESIDENCY WITH CLUBBED THUMB. 5264427 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 107 0 245 1 1 1 0 0 0 0 1 1 0 0 0 0 X 21 21 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X X MICHAEL HURST 7323451400 21 BRIDGE AVENUE RED BANK NJ 07701 TODD HERMAN PRESIDENT 3.00 X X 0 0 0 MARILYN BROEGE BOARD MEMBER 3.00 X 0 0 0 KATHRYNE SINGLETON BOARD MEMBER 3.00 X 0 0 0 WILLIAM J MARRACCINI TREASURER 3.00 X X 0 0 0 HOWARD ARONSON VICE PRESIDENT 2.00 X X 0 0 0 GALE GROSSMAN BOARD MEMBER 2.00 X 0 0 0 JAMES HICKEY BOARD MEMBER 2.00 X 0 0 0 CAROLINE HUBER BOARD MEMBER 2.00 X 0 0 0 MARY JANE KROON BOARD MEMBER 2.00 X 0 0 0 ANNE LUZZATTO BOARD MEMBER 2.00 X 0 0 0 NYIRE MELCONIAN BOARD MEMBER 2.00 X 0 0 0 AMANDA BUTTERBAUGH MULHEREN BOARD MEMBER 2.00 X 0 0 0 SUSAN OLSON SECRETARY 2.00 X X 0 0 0 ADAM RECHNITZ BOARD MEMBER 2.00 X 0 0 0 JOAN H RECHNITZ ASSOC. PRODUCER 5.00 X 0 0 0 ROBERT M RECHNITZ EXEC PRODUCER 10.00 X 0 0 0 MARY CAROL STUNKEL BOARD MEMBER 2.00 X 0 0 0 MICHAEL P THOMAS BOARD MEMBER 2.00 X 0 0 0 WEBSTER TRAMMELL BOARD MEMBER 2.00 X 0 0 0 THOMAS UNTERBERG BOARD MEMBER 2.00 X 0 0 0 ANN UNTERBERG BOARD MEMBER 2.00 X 0 0 0 JOHN DIAS ARTISTIC DIRECTOR 40.00 X 160095 0 13428 MICHAEL HURST MANAGING DIRECTOR 40.00 X 156430 0 12000 316525 0 25428 2 0 1 0 0 156243 138812 3770584 37791 4065639 BOX OFFICE INCOME 711110 1237422 1237422 THEATRE RENTAL INCOME 532000 72032 72032 TUITION INCOME 611710 54305 54305 SERVICE CHARGE 711110 51584 51584 CONCESSION INCOME 711110 13805 13805 1429148 15922 15922 236438 237791 -1353 -1353 -1353 38907 156243 38907 0 ADVERTISING 511190 62553 62553 OTHER INCOME 711110 633 633 63186 5572542 1429781 62553 14569 349605 210478 78259 60868 2334937 2021674 94389 218874 83767 74013 5254 4500 167561 153118 3546 10897 278759 232380 17511 28868 28915 28915 598175 574032 9508 14635 288018 270031 849 17138 123817 105820 8924 9073 105324 105324 479204 467846 5762 5596 72642 57674 3034 11934 619516 460300 117708 41508 91976 81923 4868 5185 PRODUCTION COSTS 307741 307741 MAINTENANCE 73019 59157 6968 6894 THEATRE EXPENSE 56744 55921 823 DUES & MEMBERSHIP 34136 26779 4859 2498 1140 216 905 19 6094996 5264427 391259 439310 767 1278 697624 975463 214500 129103 9475 5291 85123 62035 24973388 5941724 19601183 19031664 1007244 1023691 80098 68989 21696014 21297514 86131 156943 518309 554717 102672 120959 707112 832619 X 20628237 20140824 360665 324071 20988902 20464895 21696014 21297514 -522454 -1553 0 X X 0 1 X 1 0 X 2815374 3583473 3792974 3984310 4065639 18241770 2815374 3583473 3792974 3984310 4065639 18241770 301399 17940371 102589 130379 101961 119389 88587 542905 2112 2112 18786787 6409571 0.95490 X 0.87300 0.00080 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3454800 3454800 20853604 5409273 15444331 493781 430325 63456 171203 102126 69077 19031664 SALARY, PAYROLL TAXES AND UNION BENEFITS PAYABLE 65225 VACATION PAYABLE 55734 120959 X 5595835 -1553 24846 23293 5572542 0 5572542 6119842 24846 24846 6094996 0 6094996 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. GALA 195150 156243 38907 38907 0 195150 156243 38907 38907 38907 0 1 X X 0 0 0 0 0 0 0 0 0 JOHN DIAS ARTISTIC DIRECTOR 160095 0 0 0 0 0 0 0 0 13428 160095 13428 0 0 MICHAEL HURST MANAGING DIRECTOR 156430 0 0 0 0 0 0 0 0 12000 156430 12000 0 0 X 3 37791 MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 1. THOMAS AND ANN UNTERBERG FAMILY RELATIONSHIP; 2. ROBERT M. RECHNITZ, JOAN H. RECHNITZ AND ADAM RECHNITZ FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 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. COMPENSATION IS GENERALLY BASED ON INDUSTRY STANDARD. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG. ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. 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.