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Arts, Culture, Humanities : Performing Arts

Two River Theater Company

We create great American theater.

four stars

90.78

21 Bridge Avenue Red Bank, NJ 07701
tel: (732) 345-1400   Web Site
EIN: 52-1857757

Board Leadership
Todd Herman
President

CEO
Michael Hurst
Managing Director

  Score
(out of 100)
Rating
Overall Score & Rating 90.78 four stars
  Financial 93.02 four stars
  Accountability & Transparency 89.00 three stars
This rating was published 07/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Two River Theater is a professional 501(c)(3) nonprofit theater that produces an eight-play season, including classics, contemporary works, musicals and world premieres. We reach 55,000 patrons and guests each year from our state-of-the-art facility in Red Bank, New Jersey. We create great American theater by producing new works and masterpieces that most richly direct our gaze to the life of the human spirit. We strive to cultivate an audience that cherishes the intimate joy of theater, enriched when shared by a community of others.

We strive to achieve artistic excellence through sustained investment in the creative process and by challenging and nurturing the visions of adventurous theater artists. Through our productions, workshops, and free public readings, we encourage our community to interact with the world-class writers, composers, actors, directors, and designers that are now coming to Red Bank.

Two River Theater is a professional 501(c)(3) nonprofit theater that produces an eight-play season, including classics, contemporary works, musicals and world premieres. We reach 55,000 patrons and guests each year from our state-of-the-art facility in Red Bank, New Jersey. We create great American theater by producing new works and masterpieces that most richly direct our gaze to the life of the human spirit. We strive to cultivate an audience that cherishes the intimate joy of theater, enriched when shared by a community of others.

We strive to achieve artistic excellence through sustained investment in the creative process and by challenging and nurturing the visions of adventurous theater artists. Through our productions, workshops, and free public readings, we encourage our community to interact with the world-class writers, composers, actors, directors, and designers that are now coming to Red Bank.

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Financial

four stars

93.02

Accountability & Transparency

three stars

89.00

This rating was published 07/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
84.0%
  Administrative Expenses 8.0%
  Fundraising Expenses 7.8%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 5.80
  Program Expenses Growth 1.3%
  Liabilities to Assets 0.9%
All data for Financial Performance Metrics calculations was provided by Two River Theater Company on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Two River Theater Company on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Two River Theater Company (NJ) 90.78 four stars
Wolf Trap Foundation for the Performing Arts (VA) 93.22 four stars
Thomasville Center for the Arts (GA) 91.25 four stars
John Michael Kohler Arts Center (WI) 88.41 three stars
Contemporary Arts Center, New Orleans (LA) 85.91 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $9,184,017
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $129,070
   Related Organizations $0
   Government Grants $118,812
Total Contributions $9,431,899
   Program Service Revenue $1,510,800
Total Primary Revenue $10,942,699
   Other Revenue $2,239,269
TOTAL REVENUE $13,181,968
   
EXPENSES  
   Program Expenses $5,474,913
   Administrative Expenses $593,632
   Fundraising Expenses $528,911
TOTAL FUNCTIONAL EXPENSES $6,597,456
   
Payments to Affiliates $0
Excess (or Deficit) for the year $6,584,512
   
Net Assets $99,116,234

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Theatrical Productions $4,845,430 88.5%
New-Play Commissioning Program $347,010 6.3%
Education Initiatives $282,473 5.1%

Ratings History
Two River Theater Company has received 7 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 07/01/2019 90.78 four stars
2017-06 07/01/2018 90.94 four stars
2016-06 11/01/2017 90.43 four stars
2015-06 11/01/2016 90.91 four stars
2014-06 06/01/2016 91.99 four stars
 
CN 2.0
2014-06 09/01/2015 91.67 four stars
2013-06 10/01/2014 91.50 four stars
2012-06 08/01/2013 91.64 four stars
2011-06 06/01/2012 84.16 three stars
2010-06 09/20/2011 92.00 four stars
 
CN 1.0
2009-06 11/01/2010 87.63 three stars
2008-06 12/15/2009 74.83 two stars
2007-06 04/01/2008 71.56 two stars
2006-06 02/01/2008 71.39 two stars
2005-06 06/01/2006 80.17 three stars
2004-06 09/01/2005 71.23 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 52-1857757
Name in IRS Master File TWO RIVER THEATRE COMPANY
NTEE Code A65
NTEE Classification Theater
NTEE Type Arts, Culture and Humanities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (88) Community theatrical group
Foundation Status Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes.  509(a)(2)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date February, 1994
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$186,251 2.82% Michael Hurst Managing Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Two River Theater Company (NJ) 90.78 four stars
CAPA New Haven (CT) 89.15 three stars
The John F. Kennedy Center for the Performing Arts (DC) 89.24 three stars
Kansas City Starlight Theatre (MO) 90.58 four stars
Pittsburgh Public Theater (PA) 86.43 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Two River Theater Company
21 Bridge Avenue
Red Bank, NJ 07701
tel: (732) 345-1400
fax: (732) 345-1414
EIN: 52-1857757

Visit Web Site

Board Leadership

Todd Herman
President

CEO

Michael Hurst
Managing Director

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