Form 990 for tax year 2022

Totals

Total revenue

$69,919,591

Total expenses

$71,815,163

Contributions and grants received

$25,706,914

Grants paid

$0

Program service revenue

$39,770,748

Investment income

$4,254,278

Other revenue

$187,651

Total assets, end of year

$172,474,655

Total liabilities, end of year

$58,214,598

Net assets or fund balances, end of year

$114,260,057

Program services expenses (Part IX)

$62,482,758

Management and general expenses

$5,553,784

Fundraising expenses

$3,778,621

Program service expenses (Part III)

$62,482,758

Program services were 87.0% 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.

Mission and programs · 2022

• 4A - THEATRICAL PRODUCTIONS: During the 2022-23 season, Roundabout produced five full-scale productions on one of our Broadway stages (the Todd Haimes [formerly American Airlines] Theatre, Studio 54, Stephen Sondheim Theatre), Off-Broadway stage (the Laura Pels Theatre at the Harold and Miriam Steinberg Center for Theatre), and Off-Off-Broadway stage (the Black Box Theatre at the Harold and Miriam Steinberg Center for Theatre). Our productions reached 138,130 audience members including 6,421 subscribers and 4,556 students, teachers, and community partners. The Fall of 2021 was the first time our theaters opened after the COVID-19 shut down. Our production calendar is still not at pre-pandemic levels of programming. Roundabout has been an industry leader in developing and expanding theatre audiences, creating, and implementing outreach and theatre appreciation programs targeted to new and diverse audiences. The following are Roundabout's programs and outreach initiatives, through which Roundabout remains committed to a full complement of programs that reduce the barriers-financial, physical and cultural-that can inhibit theatergoing: . Roundabout is committed to serving the broadest possible audience with innovative and large-scale programs that are in step with community needs. Roundabout serves the community by providing affordable tickets to world-class theatre-subscribers pay less than half the single ticket price, with further discounts available to groups such as the deaf and hard of hearing, teachers, families, young adults, veterans, and audience represented in Affinity Programs. . Through Access Roundabout we make theatre accessible for lower income audience members. During the 2022-2023 season, we made available 17,542 dramatically discounted tickets. This included 222 "Pay What You Can" tickets; 553 $10 tickets for the first four preview performances of our first 2 productions of the season; 5,872 $30 tickets to any performance of any production for Hiptix members aged 18-40; 2,093 $30 tickets to Roundabout Underground productions; 39 half-priced student rush tickets; 2,227 $30-$40 general rush tickets; and 6,245 $25-$35 TodayTix lottery and rush tickets. . Roundabout maintained our commitment to access and meaningful inclusion for people with disabilities at our theatres and in our digital programming. Our wide range of offerings are designed to create equitable access for differently abled people, and we strive to carry this philosophy through to all our touchpoints. In our 2022-2023 season, Roundabout offered sign interpreted performances through our continued partnership with Hands On, on-demand closed captioning and audio description, and captioning for our digital offerings. . As a not-for-profit theatre, Roundabout is also committed to going beyond just producing great plays to informing and educating audiences about a play's writer, its themes, and its historical context. Roundabout held 54 informative pre- and post-show discussions throughout the 2022-2023 season. Our Upstage Playgoer's Guide, a production-specific educational and dramaturgical tool designed to enhance the theatergoing experience, received a total of over 74,000 views.

  Expenses $56,431,882 · Revenue $39,553,753

• 4B - ARTISTIC DEVELOPMENT: The 2022-23 season marked a continuation of our producing activities and programs in a post-pandemic economy. The season also marked the passing of our long-time Artistic Director and CEO, Todd Haimes. Todd's passion for the art form, gentle soul, and strong business acumen will continue to inspire Roundabout's activities and growth. We welcomed long-time Deputy Artistic Director Scott Ellis into a new role as Interim Artistic Director, joining Syndey Beers (Executive Producer) and Christopher Nave (Chief Advancement Officer) to lead the company. Our landmark Broadway musical revival - one of our founding principles - was the innovative and daring production of 1776 with music and lyrics by Sherman Edwards, book by Peter Stone and based on a concept by Sherman Edwards. The show began at American Repertory Theater (A.R.T) at Harvard University and then came to Broadway at THE TODD HAIMES [FORMERLY AMERICAN AIRLINES] THEATRE. For a piece that had its original Broadway production in 1969, this carefully planned path allowed the show new life, and to generate new ideas and conversations around the country. Co-directed by Jeffrey L. Page (winner of the Chita Rivera Awards/Douglas and Ethel Watt Critics' Choice Award for his work on the piece) and Diane Paulus, the show featured a multiracial cast of female, transgender, and nonbinary actors portraying the founders of this country. It was our first co production with A.R.T. - an exciting collaborative model that will become more commonplace for non-profits as we continue to navigate a post-pandemic industry. Off-Broadway we were able to produce four truly ground-breaking and incredible new pieces from a group of today's most exciting and talented writers. At our Laura Pels Theatre we produced: You Will Get Sick by Noah Diaz, directed by Sam Pinkleton; The Wanderers by Anna Ziegler (her second production on the Pels stage), directed by Barry Edelstein; and Primary Trust by Eboni Booth, directed by Knud Adams. You Will Get Sick took our programming in a truly exciting direction, as we welcomed audiences to a piece with a style and tone that was a departure from many of our other artistic choices. It was the first time we produced Noah's work, after the play had been a part of our January 2022 Underground Reading Series, and the first time we worked with Sam as a director, though his choreography work has been seen throughout New York. Primary Trust also marked a writer's Roundabout debut; We were so grateful Eboni entrusted us with the world premiere of her truly extraordinary piece. Roundabout Underground - our program which exclusively produces writers who have not had their professional debut in New York - saw the production of the bandaged place, a beautiful and moving family driven drama by Harrison David Rivers and directed by David Mendizbal. We are looking forward to continuing to support Harrison's career through our commissioning program. This season we produced our third year of The Refocus Project - an organic extension of Roundabout's founding mission to produce revivals of timeless classics. The Refocus Project works to research, identify, and share plays by historically underrepresented writers who deserve to be part of the classic canon. This year's project spotlighted Asian American and Pacific Islander (AAPI) playwrights from the 20th and 21st centuries, including Prince Gomolvilas, Velina Hasu Houston, Victoria Nalani Kneubuhl, Anuvab Pal, Jeannie Barroga, Philip Kan Gotanda, Edward Sakamoto, and Wakako Yamauchi. Through The Refocus Project, Roundabout workshopped and produced a public reading series of four plays in the Laura Pels Theatre at the Harold and Miriam Steinberg Center for Theatre. The readings were filmed and made available to stream for four weeks in October and November 2023. An additional four plays were featured in an essay series by members of Ma-Yi Theater Company's Writers Lab. Our Artists-in-Residence initiative has continued to thrive as we welcomed new cohorts into our programs. We are currently in the seventh year of the Roundabout Directing Fellowship and are working with the fifth cohort of the Leon Levy Roundabout Directors Group (RDG). This cohort has 10 emerging directors, all from historically underrepresented backgrounds and identities. The group is now given an expanded Professional Development Fund that reimburses directors for expenses related to their professional growth in the theatre industry. It is led by former Directing Fellow and RDG member, Mack Brown. The program created to provide playwrights with the space, time, and resources they need to create their work - Space Jam - was able to continue into its eighth year. We provided four weeks of studio space, a week at a time, through our flagship program Apollo. In this portion of the program, we worked with almost 60 artists by providing space in one of our rehearsal studios, and allowing for connections and networking opportunities. For the first time ever, due to unprecedented demand, we offered what we called a Double Apollo, in order to serve even more writers over a one-week period. We also continued our Outer Space program - where we send writers on retreats outside of the city to give them the time and space to focus on their craft. In terms of creative development, the 2022-23 season saw 16 readings and workshops aiming to further develop pieces in our pipeline of work, and for future seasons.

  Expenses $901,336

• 4C - EDUCATION: During the 2022-23 season, Education at Roundabout impacted over 26,000 people. Roundabout Partner Schools are NYC based and represent all five boroughs. Roundabout's education programs use the stimulating power of the arts to inspire and engage, using theatre to promote social equity through three core program areas, Teaching and Learning, Career Training, and Community Partnerships. Education at Roundabout's season featured a diverse slate of programs, primarily focused on expanding our in-person learning and programming. We facilitated in-school classroom residencies, school-wide partnerships, and professional development workshops for teachers. We continued to host our free after-school program, Roundabout Youth Ensemble, while welcoming a new cohort in our technical theatre skills training program, the Theatrical Workforce Development Program (TWDP). Additionally, we grew and further defined our Community Partnership programming with the New York Public Library. Below is an overview of the programs: TEACHING AND LEARNING . Professional Development at Roundabout offers a variety of workshops to enhance each educator's ability to use theatre as an effective teaching tool in the classroom. These workshops are offered throughout the year to teachers, schools, and at DOE city wide events. Workshops are often customized to meet different learning objectives. [FY23 Impact: 189 educators] . Roundabout Youth Ensemble is our student-run theatre company where public high school students take responsibility for their learning by making all the artistic, technical, and administrative decisions for each production. Throughout the school year the Manhattan borough company met in-person at Roundabout's rehearsal studios in Midtown. Two borough companies were established in Brooklyn and Staten Island through Roundabout's partnerships with James Madison High School and Port Richmond High School, respectively. In the summer of 2023, the ensemble transitioned to work at Roundabout's Steinberg Center for Theatre to rehearse its original play which was performed in the Roundabout Blackbox to live audiences in August, [FY23 Impact: 58 students; 18 schools] . School Partnerships are at the core of our work, serving middle and high schools with limited access to the arts. The vehicles for learning in School Partnerships are intensive residencies that are thoughtfully developed and tailored to meet the goals of individual schools. The residencies provide in-depth programs that connect the process of theatre production to the school curriculum. Residencies can range from 8-12 Teaching Artist visits in a single classroom to year-long partnerships that take place in several classrooms or grade levels within the school. Specialized Teaching Artists work with educators to determine residency goals and success measurement tools to ensure that residencies fulfill targeted education needs. Throughout the year, Roundabout worked with schools to center student voice and empower students in making their own artistic decisions. [FY23 Impact: 2,356 students in 107 residences in classrooms and afterschool] CAREER TRAINING . Career Development at Roundabout offers a wide range of hands-on learning and engagement opportunities for pre-professionals interested in theatre administration or related careers. In the 2022-2023 season, Roundabout invited Alumni of our Internship and Apprenticeship programs to a night of connection and networking at our Blackbox Theatre, followed by attendance at our Primary Trust production. The Education department also hosted a high school intern during the summer through the Bloomberg Arts Internship program, in which the intern gained hands on-experience in supporting the day-to-day operations of a theatre administration office. Roundabout participates in managing the How To Stand Out workshop series in collaboration with other theatre institutions in New York City, providing professional development and guidance to early career arts administration professionals or those looking to pivot to an arts administration career. [FY23 Impact: 104 participants and alumni] . Hidden Career Path Days returned to in person programming this year at THE TODD HAIMES [FORMERLY AMERICAN AIRLINES] THEATRE. These school day field trips, hosted in partnership with the IATSE (International Alliance of Theatrical Stage Employees) labor union, feature the careers of theatrical technicians through hands-on demonstrations that enhance students' knowledge and highlight possible pathways to backstage careers. Students were also able to tour the backstage of various arts and entertainment venues in New York City, including the Steinberg Center, Sondheim Theatre on Broadway, Carnegie Hall, Rockefeller Center, and City Center. [FY23 Impact: 130 students/pre professionals] . Theatrical Workforce Development In the fall of 2016, alongside labor union partner the International Alliance of Theatrical Stage Employees, Roundabout launched the Theatrical Workforce Development Program, which connects young adults from traditionally underrepresented communities to careers in technical theatre. This three-year program trains and places young New Yorkers aged 18-24 into paid professional positions. The program is intended to: break down the barriers that prevent young adults from gaining economic stability, bring equity and diversity to a field of high-quality, skill-based jobs in a growing economic sector; and to educate and encourage a new generation of passionate theatre professionals. In 2022-23 the program welcomed a new cohort of Fellows for the first time since COVID shutdown, with all Fellows completing the training year and advancing to jobs and internships in NYC and across the country. [FY23 Impact: 20 Fellows and 46 Alumni served; 103 young adults engaged in recruitment/skill building workshops] COMMUNITY PARTNERSHIPS AND AUDIENCE ENGAGEMENT . Theatre Plus programs enhance the theatre-going experience for thousands of subscribers and patrons by helping them learn more about the history of the production and its creators. During the 2022-23 season Roundabout's streaming Theatre Talks provided dramaturgical discussions and historical information to over 2,000 online viewers. Our in-person post-show engagement events gave time for audience reflection and opportunities to hear directly from the cast and creative teams. [FY23 Impact: 3,616 in-person patrons] . UPSTAGE Guides provide audiences and students with digital access to artist interviews, thematic and dramaturgical essays, designer statements, and research materials related to Roundabout's productions. [FY23 Impact: 17,550 unique online views] . Community Conversations are post show events that aim to deepen audience members' experience with the play and to one another. The format is intended to create space for audience members to share their experience, building a sense of mutual understanding, and therefore, a stronger Roundabout community. [FY23 Impact: 158 patrons] . New York Public Library facilities in 3 NYC neighborhoods were home to Roundabout Artist-in-Residence workshops facilitated by Roundabout Teaching Artists. NYP Libraries in Harlem (Manhattan), St. George (Staten Island), and Classen's Point (Bronx) opened their doors to free artist led workshops for community members to learn theatre skills, including acting, playwriting, sound design, and ensemble building. Workshop participants, as well as any of the library patrons within the community, were able to participate in the program's free ticket voucher offer and attend Roundabout shows.[FY23 Impact: 85 patrons] The Refocus Project enables community members and partner teachers to view staged readings. Free access is provided. In its third year, The Refocus Project featured 20th and 21st century AAPI plays and playwrights and was suited to match with curriculum and themes explored in classrooms across the country. For this project, Roundabout Teaching Artists and Education staff created an online resource for students, teachers, and audiences to learn more about the artists and historical contexts within the plays that would be featured as part of the Fall 2023 streaming of The Refocus Project readings [FY23 Impact: 1,386 audience members received free tickets]

  Expenses $4,668,764 · Revenue $216,995

• ROUNDABOUT ARCHIVES:

• Roundabout's archives continue the

• mission to capture and preserve

• the artistic and institutional output

• of the company and provide access

• to the extensive archival holdings -

• both physical collections and an

• online database - to staff and

• artistic collaborators as well

• as the broader academic and theatrical

• communities.

• OTHER:

• There were additional expenses related

• to maintaining the Stephen Sondheim

• Theatre in between scheduled productions.

  Expenses $480,776

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

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

No itemized grants to organizations on this return.

Provenance

Return type

form_990

Tax year

2022

Filed

13 May 2024

IRS schema version

2022v5.0

Source object

202421369349307107

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