Roundabout Theatre Company
Legal name: Roundabout Theatre Company Inc
Nonprofit profile at a glance
- EIN
- 136192346
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2021
- Location
- New York, NY, USA
- Phone
- 212.719.1300
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Theater
Reported finances
- Revenue
- $84,602,028
- Expenses
- $82,092,867
- Assets
- $195,419,022
- Liabilities
- $54,589,998
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
52 people listed
Highest reported compensation
- Sydney A Beers (Executive Producer): $814,375 total reported compensation
- SCOTT ELLIS (INTERIM ARTISTIC DIRECTOR): $802,344 total reported compensation
- Christopher Nave (CHIEF ADVANCEMENT OFFICER): $785,761 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
OUR MISSION - Roundabout celebrates the power of theatre by spotlighting classics from the past, cultivating new works of the present, and educating minds for the future. OUR WORK - We produce familiar and lesser-known plays and musicals with the ability to take artistic risk as only a not-for-profit can. We discover talented playwrights and provide them long-term artistic support to contribute to the future of the theatrical canon. We reduce the barriers-financial, physical and cultural-that can inhibit theatergoing. We collaborate with a diverse team of artists to identify programming for consideration. We build transformational education experiences that enhance teacher practice, deepen student learning, and ignite the futures of young people through career training and placement.
What it reported doing in 2024
EDUCATION: During the 2024-2025 season, Education at Roundabout impacted over 45,000 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 through three core program areas, Teaching and Learning, Career Training, and Community Partnerships. Education at Roundabout's season featured a robust 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. Teaching Artists and Staff also facilitate workshops at local and national conferences. Workshops are often customized to meet different learning objectives. [FY25 Impact: 1,248 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 continued meeting in Brooklyn and Staten Island through Roundabout's partnerships with James Madison High School and Port Richmond High School, respectively. In the summer of 2025, the ensembles transitioned to work at Roundabout's Steinberg Center for Theatre for the school year and to rehearse its original play which was performed in the Roundabout Blackbox to live audiences in August. [FY25 Impact: 93 students; 17 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. [FY25 Impact: 3,700 students in 239 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 2024-2025 season. This year, Roundabout launched the new iteration of its career training program: the Theatrical Workforce Development Program in Arts Administration or TWDP Admin. This program aims at reducing barriers for New Yorkers seeking to enter the non-profit arts administration sector. The Education department also hosted 2 high school interns 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 manag
Operating model
- Revenue model
- Other-operating. 66% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 90
- Accountability: 99
- Sustainability: 51
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89%; rating input score 89
- Program expense ratio: 86.8%; rating input score 87
- Fundraising efficiency: $4.19 raised per $1 spent on fundraising; rating input score 17; 17th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 97.6%; rating input score 98; 53rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 3%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 2.38; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 0.28; rating input score 58; 58th percentile among comparable filings
- Officer compensation ratio: 5.7%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: -0% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: 0.5% per year; rating input score 100; 7th percentile among comparable filings
- Asset growth: 4.1% per year; rating input score 100; 28th percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 89% of revenue deployed · 86.8% of spending went to programs
- Governance: 41 of 42 board members independent · 9 of 9 filing controls reported
- Programs: 9 filed program accomplishments · $71.2M in reported program spending
- Leadership: top reported pay $814K · 52 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $10M reported
- Consistency: 40 of 40 current checks pass
- Schedules: 10 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 12 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 17/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 47/100.
- High — Sustainability: Officer compensation ratio scored 12/100.
- Review — Sustainability: Liabilities to assets ratio scored 58/100.