MCCARTER THEATRE COMPANY Charity Report

Public IRS 990 nonprofit record

MCCARTER THEATRE COMPANY

EIN 21-0724198 · Arts, Culture & Humanities (A610)

What they do

MCCARTER is ONE of THE COUNTRYS FLAGSHIP THEATRES and A CULTURAL ASSET for ALL of CENTRAL NEW JERSEY. A NATIONALLY RENOWNED, INDEPENDENT PERFORMING ARTS CENTER LOCATED ON THE CAMPUS of PRINCETON UNIVERSITY, THE COMPANY is A MULTI-DISCIPLINARY CREATIVE HUB of ARTS and IDEAS OFFERING THEATER, MUSIC, DANCE, SPOKEN WORD, and EDUCATIONAL PROGRAMS for ALL AGES. KNOWN for ITS COMMITMENT to CREATIVITY and EXCELLENCE, AS WELL AS ITS THOUGHTFUL and ENGAGED AUDIENCE, MCCARTER HAS PROVIDED A HOME for ARTISTS SINCE ITS INCORPORATION. THORNTON WILDERS OUR TOWN, KAUFMANN & HARTS YOU CANT TAKE IT WITH YOU, and WILLIAM INGES BUS STOP, ALL HAD THEIR PREMIERES ON MCCARTERS STAGE. THE COMPANY is THE RECIPIENT of THE REGIONAL THEATRE TONY AWARD, and WON AGAIN for BEST PLAY for CHRISTOPHER DURANGS VANYA and SONIA and MASHA and SPIKE. MCCARTER is CO-LED TODAY BY ARTISTIC DIRECTOR SARAH RASMUSSEN and EXECUTIVE DIRECTOR MARTIN MILLER.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $83.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders37 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

87.62%of revenue went to mission work83.5% of expenses · Program services

6.94%of revenue went to fundraising6.6% of expenses

$104.99spent for every $100 of revenueSpending was higher than revenue this year.

10.43%of revenue went to management and office costs9.9% of expenses

$2.34in assets for every $1 spent this yearSome assets cannot be spent right away.

33.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $734,614 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $379,370 for SARAH RASMUSSEN (ARTISTIC DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$14,720,259

Mission workProgram services$12,897,35787.62% of revenue83.5% of expenses

ManagementOffice and general costs$1,535,71410.43% of revenue9.9% of expenses

FundraisingAsking for donations$1,021,8026.94% of revenue6.6% of expenses

Total expenses$15,454,873104.99% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 83.5% mission · 9.9% management · 6.6% fundraisingTotal expenses: 104.99% of revenue

2023Expense mix: 84.8% mission · 10.0% management · 5.2% fundraisingTotal expenses: 104.75% of revenue

2022Expense mix: 83.9% mission · 10.8% management · 5.3% fundraisingTotal expenses: 150.24% of revenue

2021Expense mix: 83.3% mission · 11.7% management · 4.9% fundraisingTotal expenses: 79.26% of revenue

2020Expense mix: 67.2% mission · 26.4% management · 6.5% fundraisingTotal expenses: 66.30% of revenue

2019Expense mix: 80.4% mission · 14.2% management · 5.4% fundraisingTotal expenses: 102.07% of revenue

2018Expense mix: 82.0% mission · 12.6% management · 5.4% fundraisingTotal expenses: 107.73% of revenue

2017Expense mix: 82.3% mission · 12.3% management · 5.4% fundraisingTotal expenses: 91.58% of revenue

Money in and money out

Revenue$14,720,259

Expenses$15,454,873

Annual shortfall $734,614 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$12,897,357 · 83.5% of expenses

Management and office costs$1,535,714 · 9.9% of expenses

Fundraising$1,021,802 · 6.6% of expenses

See all reported dollar amounts

Revenue$14,720,259

Expenses$15,454,873

Assets$36,094,924

Income$17,892,143

Contributions$4,957,926

Mission work (program services)$12,897,357

Fundraising$1,021,802

Management and general$1,535,714

Executive compensation (total)$610,274

Stocks and bonds$562,635

Accounting fees$73,641

Investing fees$119,707

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

SARAH RASMUSSENARTISTIC DIRECTOR · 40 hrs/week $379,370Base $328,439 · Other $50,931

MARTIN MILLEREXECUTIVE DIRECTOR · 40 hrs/week $353,518Base $335,966 · Other $17,552

KELLY RYMANDIRECTOR OF MKTG & AUDIENCE STRATEGY · 40 hrs/week $176,492Base $145,049 · Other $31,443

PAULA ABREUDIRECTOR OF PRESENTED PROGRAMMING · 40 hrs/week $173,033Base $141,110 · Other $31,923

JOE PEACOCKDIRECTOR OF DEVELOPMENT · 40 hrs/week $158,037Base $145,064 · Other $12,973

DEBBIE BISNODIRECTOR OF UNIVERSITY & ARTISTIC PARTNERSHIPS · 40 hrs/week $155,359Base $138,160 · Other $17,199

DIXIE UFFELMANDIRECTOR OF PRODUCTION · 40 hrs/week $151,094Base $118,993 · Other $32,101

SUDHA IYERCFO (THRU 9/24) · 40 hrs/week $95,762Base $84,911 · Other $10,851

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (37)

SARAH RASMUSSENARTISTIC DIRECTOR

MARTIN MILLEREXECUTIVE DIRECTOR

KELLY RYMANDIRECTOR OF MKTG & AUDIENCE STRATEGY

PAULA ABREUDIRECTOR OF PRESENTED PROGRAMMING

JOE PEACOCKDIRECTOR OF DEVELOPMENT

DEBBIE BISNODIRECTOR OF UNIVERSITY & ARTISTIC PARTNERSHIPS

DIXIE UFFELMANDIRECTOR OF PRODUCTION

SUDHA IYERCFO (THRU 9/24)

RITA MCGRATHSECRETARY

RICHARD QUINNTRUSTEE

ROBERT A MINTZTRUSTEE (THRU 6/25)

W ROCHELLE CALHOUNTRUSTEE

RHONDA ADAMS-MEDINATRUSTEE

ROHIT MEHROTRATRUSTEE

PAMELA PRUITTTRUSTEE

NEHA DESAI SHAHVICE-PRESIDENT

MICHAEL ROSETRUSTEE

MARK THIERFELDERTRUSTEE (THRU 1/25)

TONI MARIE DAVISDIRECTOR OF FINANCE (FROM 1/25)

KIM SWANNTRUSTEE

ANDREW FARRISTRUSTEE

JOHN CLARKETRUSTEE (THRU 1/25)

JESSE TREUTRUSTEE

JAMES P HERRINGVICE-PRESIDENT

JAMES BARROODTRUSTEE

ERIC HAGINTRUSTEE

ELLIOT ASARNOWTREASURER

ELIZABETH MCNEILLYTRUSTEE

DOUGLAS PALMERTRUSTEE (THRU 6/25)

DAVID WALKERTRUSTEE

DANIELA BONAFEDE-CHHABRAPRESIDENT

CLAUDINA BONETTITRUSTEE

CARMELO CINTRONTRUSTEE

BONNIE GUTHTRUSTEE

BEN HAMMONDVICE-PRESIDENT

ASHLEY AITKEN-DAVIESVICE-PRESIDENT

AQUATIA L OWENSTRUSTEE

About this charity

Recognized since: January 1963
Location: 91 UNIVERSITY PLACE, PRINCETON, NJ 08540
County: Mercer
In care of: MARTIN MILLER
Primary officer: MARTIN MILLER, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(609) 258-6500

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: LUTZ AND CARR CPAS LLP
NTEE classification: Arts, Culture & Humanities (A610)