Theatre Forward INC FY2021 filing

New York, NYUnknown exempt organizationEIN 13-2913176Revenue $1.5M in FY2021

On file with the IRStheatreforward.org505 Eighth Avenue Suite 2504 · New York, NY

This page gets seen. Tell your story. Claim this org.

Theatre Forward advances American theatre and its communities by providing funding and other resources to the countrys leading nonprofit theatres.

78¢ of each $1 spent went to programs.
$234K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 4
filings with a surplus
Average deficit $118K a year · 10% of revenue · last 4 filings
Concern: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$234K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 6.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $22
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$162K
15% of total assets
Looks good: liabilities are 15% of assets; 50% or less.
Pt X · Ln 26
Independent board members
28
of 29 voting members
Looks good: 28 of 29 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.5M
-15% vs prior year
Spent
$1.5M
To programs
78%
Net assets
$933K
By yearFY2020–FY2023
Revenue
$1.5M
FY2021▼ -15%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.7M
FY2021$1.5M
FY2022$1.3M
FY2023$123K
Expenses
$1.5M
FY2021▲ +22%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.2M
FY2021$1.5M
FY2022$1.5M
FY2023$814K
Net assets
$933K
FY2021▼ -4%
Tap a bar for its year
Net assets by fiscal year
FY2020$972K
FY2021$933K
FY2022$691K
FY2023$0

From the FY2021 Form 990 (year ending June 2021) · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $1.2M Management & general 7% · $99K Fundraising 15% · $229K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

32 people listed on the 990; $234K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Dir.
$118,394Pt VII · Sec A
Dir of Development
$115,108Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Gretchen Shugart$160,000$160,000——
Bruce Whitacre———$136,336
Gretchen E Shugart——$118,394—
Carl Sylvestre——$115,108$110,888

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Theatre Forward INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds and resources support America's leading nonprofit theaters and their communities.

Questions for Theatre Forward INC

Tap to ask. Theatre Forward INC sees how many people are interested.

Your first name shows with your question. Theatre Forward INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $1.2M · in their own filed words · FY2020
01

During the 2020-2021 fiscal year, Theatre Forward raised funds on behalf of nonprofit theatres to support general operations through its Annual Fund, virtual gala, and Moving Forward Fund. Theatre Forward launched the first round of the Bank of America ACTivate Awards to promote equity, diversity and inclusion (EDI) in nonprofit theatres…

$1.2Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$22

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Gifts and grantsLn 1h$1.5M
Fees for servicesLn 2g$6K
Money outPt IX
$1.5M
Ln 25
Programscol B$1.2M
Managementcol C$99K
Fundraisingcol D$229K
Owns and owesPt X
$933K
net assets · Ln 32
Cash and savingsLn 1–2$830K
Total assetsLn 16$1.1M
LiabilitiesLn 26$162K
PeoplePt VI, VII
32
listed · VII A
PaidVII A2
Voting boardVI 1a29
IndependentVI 1b28
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.5M
Government grantsLn 1e$134K
Fundraising eventsLn 1c$212K
Fees for servicesLn 2g$6K
Gains on assetsLn 7$0
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
CashLn 1$102K
SavingsLn 2$728K
Cash and savings togetherLn 1–2$830K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$572
Other assetsLn 15$8K
Total assetsLn 16$1.1M
LiabilitiesLn 26$162K
Net assetsLn 32$933K
OperationsPt I, VI
EmployeesI 56
VolunteersI 633
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$950K$830K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$1K$572
Total assetsLn 16$1.1M$1.1M
LiabilitiesLn 26$113K$162K
Net assetsLn 32$972K$933K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$160K$96K$16K$48K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$194K$93K$19K$81K
Pension plan contributionsLn 8$4K$2K$431$2K
Other employee benefitsLn 9$43K$23K$4K$16K
Payroll taxesLn 10$27K$15K$3K$10K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$36K$2K$34K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$55$30$5$20
Information technologyLn 14$11K$6K$1K$4K
RoyaltiesLn 15$0
OccupancyLn 16$50K$27K$5K$18K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$571$305$58$208
InsuranceLn 23$6K$3K$647$2K
Other expenses (24a–d)Ln 24$968K$913K$9K$46K
All other expensesLn 24e$12K$6K$5K$845
Total functional expensesLn 25$1.5M$1.2M$99K$229K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $123K$814K−$691K$0 990 PDF
FY2022 $1.3M$1.5M−$242K$691K 990 PDF
FY2021 Viewing $1.5M$1.5M−$39K$933K 990 PDF
FY2020 $1.7M$1.2M$499K$972K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $1,475,772 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,675,442$1,469,455
I-9 Program service revenuePrior year $69,655$6,317
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $1,745,097$1,475,772
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $454,017$428,528
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $792,127$1,086,090
I-18 Total expensesPrior year $1,246,144$1,514,618
I-19 Revenue less expensesPrior year $498,953−$38,846
Part VI · Governance 28 of 29 board members independent, 1 to look at
VI-1a Voting members of the governing body29
VI-1b Independent voting members28
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,475,772 across 12 lines filed
VIII-1b Membership dues$156,000
VIII-1c Fundraising events$212,325
VIII-1e Government grants$133,603
VIII-1f All other contributions, gifts and grants$967,527
VIII-1h Total contributions, gifts and grants$1,469,455
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,317$6,317
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $6,317$1,475,772
Part IX · Statement of functional expenses $1,514,618 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $96,000 · Management $16,000 · Fundraising $48,000$160,000
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $93,205 · Management $19,391 · Fundraising $81,320$193,916
IX-8 Pension plan contributionsPrograms $2,302 · Management $431 · Fundraising $1,573$4,306
IX-9 Other employee benefitsPrograms $22,905 · Management $4,285 · Fundraising $15,656$42,846
IX-10 Payroll taxesPrograms $14,680 · Management $2,746 · Fundraising $10,034$27,460
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $1,500 · Management $34,074$35,574
IX-12 Advertising and promotionManagement $1,549$1,549
IX-13 Office expensesPrograms $30 · Management $5 · Fundraising $20$55
IX-14 Information technologyPrograms $6,095 · Management $1,140 · Fundraising $4,166$11,401
IX-15 Royalties$0
IX-16 OccupancyPrograms $26,984 · Management $5,047 · Fundraising $18,443$50,474
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $305 · Management $58 · Fundraising $208$571
IX-23 InsurancePrograms $3,457 · Management $647 · Fundraising $2,362$6,466
IX-24 Other expenses (24a–d)Programs $913,447 · Management $8,717 · Fundraising $46,019$968,183
IX-24e All other expensesPrograms $5,734 · Management $5,238 · Fundraising $845$11,817
IX-25 Total functional expensesPrograms $1,186,644 · Management $99,328 · Fundraising $228,646$1,514,618
Part X · Balance sheet $1,095,417 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $87,614$101,652
X-2 Savings and temporary cash investmentsStart of year $862,093$728,317
X-3 Pledges and grants receivableStart of year $20,298$154,298
X-4 Accounts receivableStart of year $3,900$3,900
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $102,420$99,178
X-10c Land, buildings and equipment, netStart of year $1,143$572
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $7,500$7,500
X-16 Total assetsStart of year $1,084,968$1,095,417
X-17 Accounts payable and accrued expensesStart of year $15,779$140,479
X-19 Deferred revenueStart of year $11,144$12,600
X-25 Other liabilitiesStart of year $8,282$9,024
X-26 Total liabilitiesStart of year $112,808$162,103
X-27 Net assets without donor restrictionsStart of year $416,190$450,664
X-28 Net assets with donor restrictionsStart of year $555,970$482,650
X-32 Total net assets or fund balancesStart of year $972,160$933,314
X-33 Total liabilities and net assetsStart of year $1,084,968$1,095,417
Part XI · Reconciliation of net assets $933,314 net assets at year end
XI-1 Total revenue$1,475,772
XI-2 Total expenses$1,514,618
XI-3 Revenue less expenses−$38,846
XI-4 Net assets at start of year$972,160
XI-10 Net assets at end of year$933,314

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.