Form 990 for tax year 2024
Filed by NATIONAL ALLIANCE FOR MUSICAL THEATRE INC.
Totals
- Total revenue
- $1,321,542
- Total expenses
- $1,317,510
- Contributions and grants received
- $847,136
- Grants paid
- $93,250
- Program service revenue
- $470,410
- Investment income
- $3,892
- Other revenue
- $104
- Total assets, end of year
- $621,837
- Total liabilities, end of year
- $298,153
- Net assets or fund balances, end of year
- $323,684
- Program services expenses (Part IX)
- $1,071,548
- Management and general expenses
- $81,894
- Fundraising expenses
- $164,068
- Program service expenses (Part III)
- $1,071,548
Program services were 81.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$295,000
-
1f · All other contributions, gifts and grants
$552,136
-
2a · Program service revenue: MEMBERSHIP DUES
total $339,599 · related or exempt $339,599
-
2b · Program service revenue: CONFERENCE & FESTIVAL FEES
total $130,811 · related or exempt $130,811
-
3 · Investment income
total $3,892 · excluded $3,892
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: OTHER INCOME
total $104 · related or exempt $104
-
11e · Other revenue, total
$104
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $93,250 · program services $93,250
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $175,744 · program services $123,022 · management and general $14,059 · fundraising $38,663
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $356,452 · program services $246,485 · management and general $30,031 · fundraising $79,936
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $62,702 · program services $49,269 · management and general $5,915 · fundraising $7,518
-
10 · Payroll taxes
total $40,873 · program services $28,366 · management and general $3,392 · fundraising $9,115
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $17,668 · management and general $17,668
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $10,098 · program services $10,098
-
13 · Office expenses
total $31,709 · program services $29,577 · management and general $745 · fundraising $1,387
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $74,211 · program services $56,400 · management and general $6,679 · fundraising $11,132
-
17 · Travel
total $52,715 · program services $49,234 · management and general $208 · fundraising $3,273
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $20,009 · program services $19,342 · management and general $250 · fundraising $417
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $3,757 · program services $2,856 · management and general $337 · fundraising $564
-
23 · Insurance
total $11,570 · program services $8,794 · management and general $1,041 · fundraising $1,735
-
24a · Other expenses: ARTISTIC & OTHER PROF. FEES
total $128,915 · program services $128,517 · management and general $149 · fundraising $249
-
24b · Other expenses: EQUIPMENT & SPACE RENTAL
total $132,369 · program services $131,523 · management and general $317 · fundraising $529
-
24c · Other expenses: DUES, SUBSCRIPTIONS & MEMBERSH
total $8,851 · program services $5,404 · management and general $640 · fundraising $2,807
-
24d · Other expenses: HOTELS, VENUES & CATERING
total $67,826 · program services $64,043 · fundraising $3,783
-
24e · All other expenses
total $28,791 · program services $25,368 · management and general $463 · fundraising $2,960
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $0 · end of year $0
-
2 · Savings and temporary cash investments
beginning of year $361,093 · end of year $443,795
-
3 · Pledges and grants receivable
beginning of year $142,615 · end of year $47,500
-
4 · Accounts receivable
beginning of year $0 · end of year $6,453
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $25,517 · end of year $16,603
-
10a · Land, buildings and equipment: cost or other basis
$100,553
-
10b · Land, buildings and equipment: accumulated depreciation
$95,086
-
10c · Land, buildings and equipment, net
beginning of year $7,382 · end of year $5,467
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $98,657 · end of year $102,019
-
17 · Accounts payable and accrued expenses
beginning of year $26,843 · end of year $7,595
-
18 · Grants payable
beginning of year $111,418 · end of year $103,375
-
19 · Deferred revenue
beginning of year $88,592 · end of year $93,304
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $88,759 · end of year $93,879
-
27 · Net assets without donor restrictions
beginning of year $302,652 · end of year $298,684
-
28 · Net assets with donor restrictions
beginning of year $17,000 · end of year $25,000
Mission and programs · 2024
Mission
NAMT is a member service organization with a mission to be a catalyst for nurturing musical theatre development, production, innovation, and collaboration. Our approximately 200 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, the NAMT members collectively: - Employed nearly 30,000 administrators and artists - Staged more than 13,000 performances attended by over 5 million people - Entertained over 410,000 loyal subscribers - Provided education programs for half a million students and teachers - Had operating budgets totaling more than $650 million - Performed in 270 venues with a total of 140,000 seats - Performed in 270 venues with a total of 140,000 seats
Activities or mission (Part I)
To be a catalyst for nurturing musical theatre development, production, innovation and collaboration.
-
NEW WORKS PROGRAMS Festival of New Musicals: The 36th Annual Festival of New Musicals had a record-breaking attendance of NAMT members and other industry professionals and artists across registrations for Premiere, Select, Access and General passes as well as limited Festival writer Show-Only comp registrations and walk-up registrations. Over 875 attendees from all over the world joined us at New World Stages on October 24th & 25th, a 15% increase in attendance with over 115 more visiting the event than in 2023. New to the Festival programming slate, Fest 2024 featured a new afternoon supplemental event with the Festival Roadtrips, which highlighted member programs at Village Theatre, Goodspeed Musicals, Red Mountain Theatre & Theater Latt Da. This was well-received, notwithstanding the inherent obstacle of midday programming. Musical Theater Songwriting Challenge for High School Students: The 2024-25 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 2025, 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 257 grants totaling $1,000,500 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 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, seven I&EF grants were awarded, totaling $25,000 to member not-for-profit theatres.
Expenses $686,008 · Grants $71,250 · Revenue $130,915
-
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 2024 Fall Conference was held in New York, NY on October 22 & 23, 2024, and was entitled "Reboot & Regroup." Maybe the most important musical theatre networking event of the year, the 2024 Fall Conference explored the most pressing issues around new work production and development, as well as the state of the industry more broadly. Just as importantly, it provided a community for leaders of theatres from all over the country and the world to share best practices, brainstorm and support one another. The conference also included networking opportunities, such as a cocktail party and the NAMT Annual Membership Meeting. The 2025 Spring Conference, entitled "Backstage to Box Office: Building Better Branding," was held at Red Mountain Theatre in Birmingham, AL on April 9-11, 2025, where we hosted in-depth sessions on marketing best practices, innovations and the state of the field. In addition to panels, breakouts and speakers, the Spring Conference featured plenty of networking time to network, great food, and visits to some of Birmingham's top attractions. Conference topics included managing your organization-wide messaging and collaborating across departments, subscriptions and data analysis, social media case studies, new technological tools, case studies through an entire ticketing cycle, alternative revenue streams, and marketing's role in accessibility and community engagement. Webinars: NAMT continued to expand its virtual programming, offering a robust slate of webinars to inform, connect, and support its membership. A key addition was the launch of Conference Continued, a new monthly series of online roundtables designed to dive deeper into topics raised during NAMT's in-person conferences. This inaugural year featured conversations on co-productions, commercial enhancement, care for artists, and innovative approaches to the enhancement model. NAMT also hosted informational webinars to support applicants for the Writers Residency Grant and the new Impact & Exploration Fund, providing transparency and guidance throughout the application processes. Additional online offerings included two Town Halls-one announcing the 36th Annual Festival of New Musicals writing teams and another preparing first-time attendees for NAMT's Fall events. Together, these webinars helped extend NAMT's reach and deepen member engagement year-round. 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.
Expenses $385,540 · Grants $22,000 · Revenue $339,599
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Betsy King Militello
Executive Director
- Total calculated
- $156,379
- From this org
- $142,054
- From related orgs
- $0
- Other
- $14,325
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $142,054
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $14,325
- Filer's total
- $156,379
-
Hillary Hart
President
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer Jaquess
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Eric Keen-Louie
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Anthony Rodriguez
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Mac Ingram
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Kwofe Coleman
Immediate Past President
- Total calculated
- $0
- Hours/week
- 1
-
Bill Berry
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Brannon Bowers
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Snehal Desai
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Rick Edinger
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Sharon Fallon
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Mark Fleischer
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Susanna Gellert
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Ray Hogg
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Brandon Huldeen
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Kappy Kilburn
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Soren Moller
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Matt Morrow
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Ashley Wells
Board Member
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$12,000
Theatrical Production
-
$10,000
THEATRICAL PRODUCTION
-
$10,000
THEATRICAL PRODUCTIONS
-
$10,000
THEATRICAL PRODUCTION
-
$7,000
THEATRICAL PRODUCTION
-
$6,000
THEATRICAL PRODUCTION
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543219349311249
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