2024-11-18T12:21:19-06:00 2024-04-30 WITHUMSMITHBROWN PC 1411 BROADWAY 9TH FLOOR NEW YORK NY 10018 990 2023-05-01 133441160 THE NATIONAL ALLIANCE FOR MUSICAL THEATRE INC % BETSY KING MILITELLO NATI 2127146668 520 EIGHTH AVENUE SUITE 301 NEW YORK NY 10018 BETSY KING MILITELLO EXECUTIVE DIRECTOR 2127519100 2024-11-18 true true CATHERINE BENDALL CPA P00521196 2127519100 2024-11-18 2023 2024-10-15 13:58:12Z BETSY KING MILITELLO 520 EIGHTH AVENUE SUITE 301 NEW YORK NY 10018 1180505 false X WWW.NAMT.ORG X 1985 NY To be a catalyst for nurturing musical theatre development, production,innovation and collaboration. 19 19 33 20 0 719065 718439 344345 457721 1537 2208 0 2137 1064947 1180505 80000 97500 0 0 521662 605937 0 0 159625 492590 510455 1094252 1213892 -29305 -33387 610355 635264 257316 315612 353039 319652 X NAMT is a member service organization with a mission to be a catalyst for nurturing musical theatre development, production, innovation, and collaboration. Our approximately 150 organizational members and 60 individual members, located throughout the U.S. and abroad, are some of the leading producers of musical theatre in the world. Our members represent a diverse cross-section of the theatre community and include regional theatres, presenters, higher education groups, developmental organizations, and individual producers, with budgets totaling over $680,000,000. Last season, NAMT members collectively: - Employed nearly 20,000 staff members and 10,000 artists - Staged more than 15,000 performances attended by 3.7 million people - Entertained over 200,000 loyal subscribers - Provided education programs for half a million students and teachers - Had operating budgets totaling $600 million - Performed in 290 venues with a total of 147,000 seats Strategic Plan: The 2023-2027 NAMT Strategic false false 574833 74000 135959 NEW WORKS PROGRAMS Festival of New Musicals: Our most highly attended event, the annual Festival showcases presentations of eight new musicals before an industry-only audience with the experience and resources to move the work forward. A total of 846 people attended. NAMT assumes the costs of producing and marketing the Festival, handles all administration and logistics, and takes no royalty stake in future productions. Since 1989, the Festival has introduced musical theatre producers to over 300 musicals and over 500 writers from around the world. More than 85% of these works have gone on to subsequent readings, workshops, productions, tours, licensing, or cast album recordings as a direct result of the Festival. The Festival also featured the return of the Directing Observership Program, giving Observers a chance to be a part of rehearsals, creative meetings, and writer Q&As at the Fall Conference. In addition to the eight featured shows, the Festival included the Songwriters Showcase, where four writing teams presented their shows-in-progress through song selections and a brief Q&A. Additionally, the Midday Cabarets provided an informal opportunity during lunch for four other writing teams to showcase their musical theatre work. Musical Theater Songwriting Challenge for High School Students: The 2023-24 Musical Theater Songwriting Challenge, a partnership between NAMT and the National Endowment for the Arts (NEA), successfully provided high school students with the opportunity to develop and showcase their original musical compositions. Throughout the program, students participated in online workshops, received constructive critiques from experienced musical theater professionals, and engaged in group coaching sessions to refine their songs. The Challenge culminated in the selection of winning writers and writing teams in Spring 2024, who were invited to New York City for mentorship and a concert performance of their songs in June. This initiative helped foster the next generation of musical theater songwriters and highlighted NAMT's commitment to nurturing young talent. Frank Young Fund for New Musicals (FYFNM): Over the past year, the Frank Young Fund awarded 20 grants totaling $80,000 to NAMT member not-for-profit theatres. Since its inception in 2008, the Fund has awarded 221 grants totaling $885,500 to support new work at every stage of development, from writer residencies to full productions, with selections made by a panel of experienced musical theatre professionals. Impact & Exploration Fund (I&EF): NAMT's Impact & Exploration Fund (formerly the Innovation & Exploration Fund) is designed to help NAMT member theatres pilot new capacity-building programs to advance their missions. Areas of exploration may include (but are not limited to) technology, accessibility, audience development, education, and artistic innovation. Grant recipients must report the results of their funded programs to the rest of the membership, helping others who may be considering similar innovations. This past year, nine I&EF grants were awarded, totaling $20,000 to member not-for-profit theatres. In 2024, NAMT will celebrate reaching $1 million in awards to member organizations through granting programs, including the Frank Young Fund for New Musicals (formerly the National Fund for New Musicals), the Impact & Exploration Fund, and the Producer-Writer Initiative (2004-2008). 400725 23500 323899 MEMBERSHIP PROGRAMS Conferences: Both educational and inspiring, our national conferences are opportunities for member organizations to interact, collaborate, and share ideas on the latest trends in musical theatre. The 2023 Fall Conference was held in New York, NY on October 24 & 25, 2023, and was entitled "New Musicals on the Horizon." The agenda featured a keynote address by Michael Kaiser, along with panels on the state of the industry, recovery benchmarks, new business models, and future programming. Additional sessions covered topics such as board support, accessibility, and artist support, with more concurrent discussions announced during the event. The conference also included networking opportunities, such as a cocktail party and the NAMT Annual Membership Meeting. The 2023 Spring Conference, entitled "Marketing & Development Should Be Friends!" was held in Oklahoma City, OK on April 3-5, 2024. The conference featured a mix of panels, breakout sessions, and networking opportunities focused on marketing, fundraising, and collaboration in the arts. Highlights included a keynote with Oklahoma City Mayor David Holt, discussions on audience loyalty, advocacy, and social media marketing, as well as case studies on local collaborations and early-career professionals. Attendees participated in sessions tailored to their career stages, dined at local restaurants, and toured the First Americans Museum. Webinars: NAMT continues to offer the Knowledge Exchange webinar series, which builds on discussions from our conferences and provides a forum for staff at all levels of our member organizations to share resources and exchange information. NAMT's FY24 webinars covered a range of topics, from funding opportunities and submission processes to new resources for musical theatre creators and educators. Highlights included sessions on the Impact & Exploration Fund, converting patrons into donors, and introducing the Musical Theater Songwriting Challenge for high school students. All NAMT webinars are archived on our website for continued member access. NAMT News & Notes: NAMT News & Notes provides topical industry information to all members and Festival alumni writers. It is sent monthly via email. The Table Read: Launched in April 2023, NAMT's New Works Department newsletter, The Table Read, features articles on and interviews with NAMT Festival/Grantee writers and NAMT members, as well as new interactive media inclusions like New Works Department Spotify playlists and more video and audio content. The Table Read has a readership of ~7,500, with an average open rate of 54% and an average click rate of 10%. Website: NAMT's website, www.namt.org, remains our primary communication tool with members, donors, writers, prospects, and the industry at large. It includes Festival information, updates on other NAMT programs, member information, and more. Some sections require a login and are limited to members or Festival alumni writers, including a detailed member directory, member production histories, a complete directory of Festival and Frank Young Fund for New Musicals shows and their writers, and discount offers and corporate partnerships. The website also includes our Set & Costume Registry, through which members can earn revenue by renting sets, costumes, props, and orchestrations. Since 2019, we have expanded our web-based resources to include the New Musicals Map, an interactive tool that allows members and the public to keep abreast of new musical development happening worldwide; the Impact & Exploration Guide, a compilation of case studies, videos, and grant reports outlining valuable lessons and best practices from NAMT members and other experts; and EDI and Anti-Racism Resources shared among our members and other partners. The site also houses recordings of webinars and online town halls and serves as a central hub for information, upcoming events, member benefits, and all things NAMT. In FY24, NAMT implemented a redesign of our homepage and main navigation menus to drive engagement and improve clarity. Research Services: NAMT conducts industry surveys on subjects such as salaries, benefits, and royalties, sharing the findings with our members. 975558 true true false false false false false false false false true false false true true true true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 12 0 33 true false false false false false true true false false false false false false X 19 19 false false false false true true true true true false false true true true true true true true false false NY X BETSY KING MILITELLO 2127146668 520 EIGHTH AVENUE SUITE 301 NEW YORK NY 10018 Betsy King Militello Executive Director 40.0 0.0 X 136228 0 13488 Kwofe A Coleman President 1.0 0.0 X X 0 0 0 Kate Galvin VICE PRESIDENT 1.0 0.0 X X 0 0 0 Anthony Rodriguez VICE PRESIDENT & treasurer 1.0 0.0 X X 0 0 0 Hillary Hart President - elect 1.0 0.0 X X 0 0 0 Eric Keen-Louie Secretary 1.0 0.0 X X 0 0 0 Bill Berry BOARD MEMBER 1.0 0.0 X 0 0 0 Snehal Desai BOARD MEMBER 1.0 0.0 X 0 0 0 Rick Edinger BOARD MEMBER 1.0 0.0 X 0 0 0 Mark Fleischer Board Member 1.0 0.0 X 0 0 0 Marguerite Hannah Board Member 1.0 0.0 X 0 0 0 Mac Ingram Board Member 1.0 0.0 X 0 0 0 Jennifer Jaquess Board Member 1.0 0.0 X 0 0 0 Aaron Thielen Board Member 1.0 0.0 X 0 0 0 Soren Moller Board Member 1.0 0.0 X 0 0 0 Susanna Gellert Board Member 1.0 0.0 X 0 0 0 Sharon Fallon Board Member 1.0 0.0 X 0 0 0 Brannon Bowers Board Member 1.0 0.0 X 0 0 0 Matt Morrow Board Member 1.0 0.0 X 0 0 0 Ashley Wells Board Member 1.0 0.0 X 0 0 0 136228 0 13488 1 false false false 0 250000 468439 718439 MEMBERSHIP DUES 711110 323899 323899 CONFERENCE & FESTIVAL FEES 711110 133822 133822 457721 2208 2208 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OTHER INCOME 711110 2137 2137 2137 1180505 459858 2208 97500 97500 0 0 0 158212 110749 12656 34807 0 334474 231258 28195 75021 0 74134 57208 6795 10131 39117 27147 3247 8723 0 0 14635 14635 0 0 0 0 5975 5975 29941 27981 711 1249 0 0 70583 53644 6352 10587 32226 27959 263 4004 0 13719 12975 279 465 0 0 2702 2054 243 405 11995 9116 1080 1799 ARTISTIC & OTHER PROF. FEES 119496 116153 1254 2089 EQUIPMENT & SPACE RENTAL 94039 93345 260 434 DUES, SUBSCRIPTIONS AND MEMBE 9837 6298 746 2793 HOTELS, VENUES & CATERING 95484 89580 27 5877 9823 6616 1966 1241 1213892 975558 78709 159625 X 0 0 439994 361093 60447 142615 750 0 0 0 0 0 0 0 0 0 10779 25517 98711 91329 2754 7382 0 0 0 0 0 0 0 0 95631 98657 610355 635264 7492 26843 129875 111418 32312 88592 0 0 0 0 0 0 0 0 0 0 87637 88759 257316 315612 X 328039 302652 25000 17000 353039 319652 610355 635264 -33387 X false true X true false X 790612 765004 853006 953668 718439 4080729 124718 30989 49433 109742 133822 448704 0 0 0 915330 795993 902439 1063410 852261 4529433 143575 138900 198400 285750 152895 919520 0 143575 138900 198400 285750 152895 919520 3609913 2747 1998 823 1537 2208 9313 0 2747 1998 823 1537 2208 9313 0 3492 4865 2137 10494 921569 797991 908127 1064947 856606 4549240 0.79352 0.80179 0.00205 0.00196 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6610 6610 0 84076 76694 7382 8025 8025 0 7382 SECURITY DEPOSIT 11736 RIGHT-OF-USE ASSET 86921 98657 0 LEASE LIABILITIES 88759 88759 X 1200505 20000 20000 1180505 1180505 1233892 20000 20000 1213892 1213892 PART X, LINE2: THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS. true ARS NOVA THEATER 511 WEST 54TH ST NEW YORK NY 10019 800339038 501(C)(3) 5500 THEATRICAL PRODUCTION Diversionary Theatre 4545 PARK BLVD 101 SAN DIEGO CA 92116 330240436 501(C)(3) 7500 THEATRICAL PRODUCTION Goodspeed Musicals 6 Main Street East Haddam CT 06423 131969314 501(C)(3) 7500 THEATRICAL PRODUCTIONS East West Players 120 Judge John Aiso St 4TH FLOOR LOS ANGELES CA 90012 956151775 501(C)(3) 8750 THEATRICAL PRODUCTIONS Olney Theatre Center 2001 Olney-Sandy Spring Road Olney MD 20832 536010333 501(C)(3) 12500 THEATRICAL PRODUCTIONS PHILADELPHIA THEATRE COMPANY 480 S Broad St Philadelphia PA 19146 231951753 501(C)(3) 7500 THEATRICAL PRODUCTION LA JOLLA PLAYHOUSE PO BOX 12039 LA JOLLA CA 92039 951941117 501(C)(3) 7000 THEATRICAL PRODUCTION 9 0 Part I Description of Procedure for Monitoring Use of Funds Grant Monitoring procedures (PART I): NAMT awarded grants to 25 not-for profit theaters in 4 categories, which together reflect a musical's trajectory from early development to full production. The theatre is responsible for administrative oversight of the project, the dispensation and accountability of funds and submission of the final report to NAMT. The board monitors and oversees the process. FORM 990, PART VI, SECTION A, LINE 6: NAMT'S APPROXIMATELY 210 MEMBERS, LOCATED THROUGHOUT 30 STATES AND ABROAD, ARE SOME OF THE LEADING PRODUCERS OF MUSICAL THEATRE IN THE WORLD, AND INCLUDE THEATRES, PRESENTING ORGANIZATIONS, HIGHER EDUCATION PROGRAMS, AND INDIVIDUAL PRODUCERS. FORM 990, PART VI, SECTION A, LINE 7A: NAMT'S MEMBERSHIP IS AVAILABLE IN 2 CATEGORIES: VOTING AND NON-VOTING. THE BOARD OF DIRECTORS IS ELECTED BY VOTING MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B: ALL POWERS OF MANAGEMENT AND ADMINISTRATION ARE VESTED IN THE BOARD OF DIRECTORS, THE BOARD OF DIRECTORS IS ELECTED BY VOTING MEMBERS. FORM 990, PART VI, SECTION B, LINE 11: A DRAFT OF FORM 990 IS PROVIDED TO THE EXECUTIVE DIRECTOR AND BOARD MEMBERS FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C: THE ORGANIZATION REQUESTS BOARD MEMBERS AND KEY EMPLOYEES 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 15A: COMPENSATION OF THE KEY EMPLOYEE IS DISCUSSED AND APPROVED BY EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19: Financial Statements are available on guidestar, all others upon request. FORM 990, PART XI, LINE 2C THE BOARD HAS APPROVED THE AUDIT COMMITTEE FOR OVERSIGHT OF THE AUDIT.