Connecticut Players Foundation Inc
- Assets
- $17.3m
- Revenue
- $4.5m
- Investments
- $11.7m
- Employees
- 120
- Location
- New Haven, CT
- Founding
- 03/1965
- Data as of
- 06/2021
- EIN
- 06-6073063
Organization Overview
Connecticut Players Foundation Inc, operating under the name Long Wharf Theatre, is located in New Haven, CT. The organization was established in 1965. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Long Wharf Theatre employed 120 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Long Wharf Theatre is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Long Wharf Theatre generated $4.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $3.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
LONG WHARF THEATRE IS DEDICATED TO PRODUCING BOUNDARY-BREAKING THEATRE WITH AND FOR ITS MANY, KALEIDOSCOPIC COMMUNITIES. OUR VISION IS THEATRE FOR EVERYONE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR THE YEAR ENDED JUNE 30, 2022, THE THEATRE PRODUCED 92 PERFORMANCES OF FOUR PLAYS AND PRESENTED 7 PERFORMANCES OF THREE ADDITIONAL OFFERINGS, FOR A TOTAL AUDIENCE OF 4,299, INCLUDING 103 FULLY SUBSIDIZED TICKETS FOR K-12 STUDENTS AND 517 HEAVILY SUBSIDIZED TICKETS FOR COLLEGE STUDENTS. THE THEATRE'S EDUCATION PROGRAMS INCLUDED THE NEXT NARRATIVE MONOLOGUE COMPETITION, PROVIDING 13 LOCAL HIGH STUDENTS THE OPPORTUNITY TO REHEARSE AND PERFORM MONOLOGUES WITH SUPPORT FROM PROFESSIONAL ACTORS AND TEACHING ARTISTS, AND STAGE SQUAD, PROVIDING 10 LOCAL HIGH SCHOOL STUDENTS WITH WEEKLY WORKSHOPS BY PROFESSIONAL THEATRE-MAKERS THAT CULMINATED IN A FULLY PRODUCED PLAY OF THEIR OWN CREATION. THE THEATRE'S COMMUNITY ENGAGEMENT PROGRAMS INCLUDED A DEEP PARTNERSHIP WITH THE NEW HAVEN FREE PUBLIC LIBRARY THAT PROVIDED 85 FREE TICKETS TO LOCAL RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacob G Padrn Artistic Director | Officer | 50 | $181,375 |
Christine Ingui Managing Director | Officer | 50 | $161,930 |
Nancy Alexander Chair | OfficerTrustee | 3 | $0 |
William J Aseltyne ESQ Vice Chair | OfficerTrustee | 3 | $0 |
Babz Rawls Ivy Secretary | OfficerTrustee | 3 | $0 |
Deb Schaffer Treasurer | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
New Haven Food Terminal Rent | 6/29/20 | $208,488 |
Madison Towers Rent | 6/29/20 | $186,150 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,763,943 |
| Investment income | $18,930 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $699,351 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,536,395 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $357,902 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,584,660 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $120,806 |
| Payroll taxes | $141,376 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,559 |
| Fees for services: Accounting | $39,652 |
| Fees for services: Lobbying | $4,167 |
| Fees for services: Fundraising | $42,084 |
| Fees for services: Investment Management | $48,553 |
| Fees for services: Other | $37,907 |
| Advertising and promotion | $2,195 |
| Office expenses | $38,282 |
| Information technology | $29,392 |
| Royalties | $140 |
| Occupancy | $303,254 |
| Travel | $382 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $74,258 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $460,897 |
| Insurance | $85,595 |
| All other expenses | $0 |
| Total functional expenses | $3,542,510 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,907,322 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $882,079 |
| Accounts receivable, net | $130,107 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $93,667 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $11,655,642 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,306,895 |
| Accounts payable and accrued expenses | $192,439 |
| Grants payable | $0 |
| Deferred revenue | $83,242 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,641,325 |
| Unsecured mortgages and notes payable | $675,000 |
| Other liabilities | $0 |
| Total liabilities | $3,592,006 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $13,714,889 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Connecticut Players Foundation Inc has recieved totaling $1,215,025.
| Awarding Organization | Amount |
|---|---|
Doris Duke Charitable Foundation Inc New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $500,000 |
Andrew W Mellon Foundation New York, NY PURPOSE: TO SUPPORT A THREE-YEAR RESIDENCY THROUGH THE NATIONAL PLAYWRIGHT RESIDENCY PROGRAM | $246,250 |
Shubert Foundation Inc New York, NY PURPOSE: GENERAL OPERATING | $200,000 |
Doris Duke Foundation For Islamic Art New York, NY PURPOSE: TO SUPPORT THE EXPANSION OF THE LONG WHARF THEATRES "NEWCOMER PLAY PROJECT," WHICH CONNECTS AND COLLABORATES WITH MUSLIM IMMIGRANTS AND REFUGEES IN THE GREATER NEW HAVEN AREA | $111,750 |
The Frederick A Deluca Foundation Inc Pompano Beach, FL PURPOSE: ARTS EDUCATION AND OUTREACH FOR YOUTH | $50,000 |
Doris Duke Foundation For Islamic Art New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $33,525 |
Endowment Analysis
| Beg. Balance | $8,595,867 |
| Net Contributions | $50,000 |
| Ending Balance | $8,645,867 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vivian Beaumont Theater Inc New York, NY | $199,499,593 | $19,952,200 |
American Repertory Theatre Cambridge, MA | $28,732,151 | $12,990,237 |
Signature Theatre Company New York, NY | $62,849,854 | $11,675,589 |
Playwrights Horizons Inc New York, NY | $27,151,743 | $13,749,281 |
Huntington Theatre Company Inc Boston, MA | $85,399,357 | $14,500,477 |
Manhattan Theatre Club Inc New York, NY | $95,784,807 | $15,978,594 |
Hartford Stage Company Hartford, CT | $23,293,519 | $12,254,112 |
Stella Adler Studio Of Acting New York, NY | $5,616,573 | $9,953,377 |
Storyville Center For The Spoken Word Inc New York, NY | $12,362,100 | $12,256,751 |
Second Stage Theatre New York, NY | $62,708,833 | $8,654,071 |
Atlantic Theater Company New York, NY | $26,591,945 | $8,396,675 |
Geva Theatre Center Inc Rochester, NY | $17,333,733 | $8,117,861 |