Huntington Theatre Company Inc
- Assets
- $85.4m
- Revenue
- $14.5m
- Investments
- $0.0
- Employees
- 302
- Location
- Boston, MA
- Founding
- 02/1986
- Data as of
- 06/2021
- EIN
- 22-2659560
Organization Overview
Huntington Theatre Company Inc is located in Boston, MA. The organization was established in 1986. 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 06/2021, Huntington Theatre Company Inc employed 302 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Huntington Theatre Company Inc 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, Huntington Theatre Company Inc generated $14.5m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $9.8m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 6 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
PROFESSIONAL THEATRE COMPANY
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O FOR PROGRAM DESCRIPTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Maso Managing Director | Officer | 40 | $334,821 |
Peter Dubois Artistic Director | Officer | 40 | $298,993 |
Elisabeth Saxe Chief Development Officer | 40 | $248,868 | |
Sondra Katz General Manager | 40 | $159,250 | |
Ann Rippey Director Of Marketing | 40 | $147,996 | |
Scott Poole It Director | 40 | $125,927 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Noble Ford Productions Advertising Printing | 6/29/19 | $200,375 |
Max Ultimate Food Catering | 6/29/19 | $150,902 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,083,578 |
| Related organizations | $0 |
| Government grants | $1,782,097 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,332,674 |
| Noncash contributions included in lines 1a–1f | $7,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,198,349 |
| Total Program Service Revenue | $373,916 |
| Investment income | $368,721 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,257,774 |
| Net Income from Fundraising Events | -$116,183 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,500,477 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $646,009 |
| Compensation of current officers, directors, key employees. | $330,473 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,889,408 |
| Pension plan accruals and contributions | $99,846 |
| Other employee benefits | $970,701 |
| Payroll taxes | $303,996 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35,079 |
| Fees for services: Accounting | $52,187 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $48,750 |
| Fees for services: Other | $564,972 |
| Advertising and promotion | $45,032 |
| Office expenses | $92,708 |
| Information technology | $256,809 |
| Royalties | $400 |
| Occupancy | $1,617,289 |
| Travel | $185,125 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,050 |
| Interest | $2,068 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $868,495 |
| Insurance | $99,435 |
| All other expenses | $0 |
| Total functional expenses | $9,835,708 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,026,140 |
| Savings and temporary cash investments | $1,270,907 |
| Pledges and grants receivable | $5,187,927 |
| Accounts receivable, net | $47,403 |
| 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 | $431,853 |
| Net Land, buildings, and equipment | $26,172,331 |
| Investments—publicly traded securities | $31,579,637 |
| Investments—other securities | $0 |
| Investments—program-related | $5,244,400 |
| Intangible assets | $0 |
| Other assets | $3,438,759 |
| Total assets | $85,399,357 |
| Accounts payable and accrued expenses | $2,144,282 |
| Grants payable | $0 |
| Deferred revenue | $2,309,747 |
| 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 | $8,376,894 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $761,420 |
| Total liabilities | $13,592,343 |
| Net assets without donor restrictions | $33,399,970 |
| Net assets with donor restrictions | $38,407,044 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $85,399,357 |
Grants Recieved
Over the last fiscal year, we have identified 38 grants that Huntington Theatre Company Inc has recieved totaling $4,442,472.
| Awarding Organization | Amount |
|---|---|
Fidelity Foundation Boston, MA PURPOSE: CONSTRUCTION | $2,500,000 |
Abrams Foundation Inc Boston, MA PURPOSE: IN SUPPORT OF THE CAPITAL CAMPAIGN | $1,250,000 |
Ohrn Family Charitable Foundation Waban, MA PURPOSE: GENERAL | $100,000 |
The Bigbird Fund Boston, MA PURPOSE: GENERAL SUPPORT | $74,000 |
Cabot Family Charitable Tr Boston, MA PURPOSE: EXEMPT PURPOSES | $50,000 |
Richard K Lubin Family Foundation Boston, MA PURPOSE: TO PROVIDE SUPPORT FOR THE NEEDS OF THE ORGANIZATION. | $50,000 |
Endowment Analysis
| Beg. Balance | $25,012,650 |
| Earnings | $7,286,056 |
| Other Expense | $1,260,046 |
| Ending Balance | $31,038,660 |
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 |