2026-01-30T09:21:52-08:00 2025-08-31 202747426 RICH AND BANDER LLP 79 MADISON AVE 2ND FLOOR NEW YORK NY 10016 990 2024-09-01 582400427 PROSPECT THEATER COMPANY INC PROS 2125944476 520 EIGHTH AVE 3 FL NEW YORK NY 10018 MELISSA HUBER MANAGING DIRECTOR 2125944476 2026-01-30 true true JONATHAN A BANDER P00561220 2126842470 2026-01-30 X 2024 2025-03-06 01:10:19Z PROSPECT MUSICALS MELISSA HUBER 520 EIGHTH AVE 3 FL NEW YORK NY 10018 649117 false X WWW.PROSPECTMUSICALS.ORG X 1998 NY SEE PART III, LINE 1 ON NEXT PAGE. 15 12 27 4 0 0 497519 512737 260130 59493 1185 2525 1281 760174 574696 0 0 216334 296104 0 44300 271339 414408 487673 710512 272501 -135816 376448 149249 105236 13853 271212 135396 X PROSPECT IS DEDICATED TO FOSTERING AND SHOWCASING TODAYS NEW VOICES SHAPING TOMORROWS MUSICALS. WE DEVELOP AND PRODUCE NEW WORKS, ENVISIONED AND IMPLEMENTED BY EMERGING ARTISTS. PROSPECT CREATES EDUCATIONAL AND TRAINING OPPORTUNITIES, SUSTAINS A SUPPORTIVE NETWORK WITHIN THE FIELD, AND PROVIDES A FORUM FOR ARTISTS AND AUDIENCES TO CONNECT AND LEARN FROM EACH OTHER. false false 293464 0 11840 THE OSCAR MICHEAUX PROJECT Music by ALPHONSO HORNE Co-Book & Co-Lyrics by JESSE L. KEARNEY, JR. Co-Lyrics and Additional Music by PETER MILLS Co-Book by CARA REICHEL Development of a new musical which included a staged reading in January 2025, demo recordings of songs from the show and a workshop production of a jazz musical theater work presented at the Baruch Performing Arts Center in June 2025. 6 performances 558 attendees 136305 0 21985 IGNITE CONCERT FESTIVAL A series of concerts and special events presented March and April 2025 showcasing works in progress musical theater works including: Friday, March 28 2025 @ 7:30p: Marguerite, In Concert Saturday, March 29 2025 @ 7:30p: Broadway Barkada, In Concert Sunday, March 30 2025 @ 3p: Women of WICKED - Panel Discussion Wednesday, April 2 2025@ 7:30p: Cherry Orchard, In Concert Saturday April 5 2025 @ 7:30p & Sunday April 6 @ 3p: We Foxes, In Concert presented with Actor Therapy New Works & Very Intense Productions Thursday, April 10 2025 @ 7:30p: The Battle of Blythe Road, In Concert prpresented with On The Quays Sunday, April 13 2025 @ 2p: Amberland, In Concert presented with Ring of Keys 8 performances 1057 Attendees 46147 0 20232 MAYA - THE MUSICAL IN CONCERT Book & Music by CHEEYANG NG Book & Lyrics by ERIC SORRELS Directed by J. MEHR KAUR A concert of the New Musical presented by Prospects IGNITE Series in partnership with National Asian Artists Project THURSDAY, NOVEMBER 21 2024 @ 7PM, Symphony Space 1 performance 409 Attendees 84152 0 5436 Other program services included the Annual Musical Theater Lab: Jump Cut and Projects in Development. Jump Cut presented ten-minute musical works by multiple composer and writer teams in one public performance on February 20, 2025 serving 358 attendees. Projects in Development included concerts, staged readings, artist talks, work shares, and direct support for composers creating new musical theater works, ncluding Yukon, Ho!, The Troupe, and Songs for Hands on a Thursday. Collectively, these programs served approximately 534 attendees. 84152 0 5436 560068 true true false false false false false false false false true false false true false true 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 false false false true 43 0 true 27 true false false false false false true true false false false false false false false false false X 15 12 true false false false false false false true true false false false true true true true false true true false NY GA X X MELISSA HUBER 2125944476 520 EIGHTH AVE 3 FL STE 307 NEW YORK NY 10018 CARA REICHEL BOARD MEMBER/PRODUCING ARTISTIC DIRECTOR 40.00 X X 47703 0 0 MELISSA HUBER BOARD MEMBER/MANAGING DIRECTOR 20.00 X X 31100 0 0 PETER MILLS BOARD MEMBER 5.00 X 4000 0 0 JASON MA PRESIDENT 5.00 X X 0 0 0 JESSE KEARNEY PRESIDENT (LEFT DECEMBER 2024) 5.00 X X 0 0 0 TIRA HARPAZ VICE PRESIDENT 5.00 X X 0 0 0 KYLE BURKHARDT TREASURER 5.00 X X 0 0 0 JANE ABRAMSON SECRETARY 5.00 X X 0 0 0 JULIE MILLER BOARD MEMBER 5.00 X 0 0 0 TONY VALLES BOARD MEMBER 5.00 X 0 0 0 SOPHIE GANDLER BOARD MEMBER 5.00 X 0 0 0 KARIN KAWAMOTO BOARD MEMBER 5.00 X 0 0 0 CAROLINE EBER BOARD MEMBER 5.00 X 0 0 0 ROBERT GURMAN BOARD MEMBER 5.00 X 0 0 0 ELIZABETH CASASOLA BOARD MEMBER 5.00 X 0 0 0 FOXY SQUIRE BOARD MEMBER 5.00 X 0 0 0 82803 0 0 false false false X 87965 167438 257334 512737 CONTRACTED SERVICES 900099 12591 0 0 TICKET SALES 900099 46902 0 0 59493 1185 0 1185 64509 87965 74421 -9912 0 -9912 MISCELLANEOUS INCOME 711110 11193 11193 0 0 11193 574696 70686 0 -8727 79790 32598 25104 22088 166300 140879 13605 11816 6273 4422 987 864 21935 15463 3450 3022 21806 15372 3430 3004 6082 0 6082 0 137730 137730 0 0 14049 9340 4709 0 3634 0 3634 0 651 651 0 0 128590 104779 23811 0 8291 8291 0 0 153 0 153 0 780 550 123 107 12855 9062 2022 1771 PRODUCTION 55498 55498 0 0 PRINTING 8360 4703 3657 0 PUBLIC RELATIONS 8000 0 8000 0 TICKETING FEES 6334 6334 0 0 23401 14396 7377 1628 710512 560068 106144 44300 242003 86322 61562 12095 32866 10025 8129 780 7349 40017 33458 376448 149249 37601 13853 17375 50260 0 105236 13853 X 64484 135396 206728 271212 135396 376448 149249 -135816 X true X false false false X 0 361726 440616 351068 497519 512737 2163666 0 0 361726 440616 351068 497519 512737 2163666 273583 1890083 1620 1080 505 1185 4390 0 0 2168056 573109 0.87180 0.82870 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 8129 780 7349 7349 SECURITY DEPOSITS 33458 33458 ADVANCES FROM A CUSTOMER 0 0 X Pt X, Line 2 THE ORGANIZATION HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF AUGUST 31, 2025, THE ORGANIZATION DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. FY25 GALA 119724 59765 59959 60156 1562 2736 757 MUSIC OF MILLS 32750 28200 4550 2201 2563 4400 46 152474 87965 64509 62357 4125 7136 803 74421 -9912 Pt VI, Line 2 CARA REICHEL AND PETER MILLS ARE MARRIED. Pt VI, Line 11b THE AUDIT COMMITTEE REVIEWS THE FORM 990 BEFORE FILING. Pt VI, Line 15a THE BOARD APPROVES COMPENSATION OF EXECUTIVE LEADERSHIP. Pt VI, Line 15b THE BOARD APPROVES COMPENSATION OF EXECUTIVE LEADERSHIP. Pt VI, Line 19 ALL GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST. Pt VI, Line 12c CONFLICTS OF INTEREST ARE DISCLOSED ON AN ANNUAL BASIS, AS WELL AS WHEN THEY ARISE. TYPICALLY ANY NEW ISSUES ARE DISCUSSED IN DEPTH AS THE BUDGET APPROVAL PROCESS PROGRESSES IN SPRING AND SUMMER. THREE OFFICERS ARE ALSO CREATORS OF NEW MUSICAL THEATER WORKS. AS SUCH, CONTRACT NEGOTIATIONS TO LICENSE THEIR WORK ARE CONDUCTED BY THE MANAGING DIRECTOR AS IS TYPICAL IN THE INDUSTRY. Form 990, Part III, Line 4d Other program services included the Annual Musical Theater Lab: Jump Cut and Projects in Development. 84152. 0. 5436. Form 990, Part IX, Line 11g ARTISTIC, MUSIC AND OTHER FEES 137730. 137730. 0. 0.