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THE SHUBERT FOUNDATION INC

NEW YORK, NY · EIN 136106961 · Form 990PF · FY2024 · Very Large (>$50M)
revenue
$77.4M
expenses
$6.8M
net assets
$702.3M
employees
profile · synthesized from sources

The Shubert Foundation Inc is a private foundation based in New York that provides grant funding to nonprofit theater organizations across the United States. Its primary activity is supporting theatrical productions and arts education through general operating grants and targeted program funding. The foundation funds a wide range of theater companies, from large regional stages to educational initiatives in public schools.

named programs · 2 · from sources

What they call their work

Shubert Leader and Teacher Development
Professional development program for educators and leaders in public schools focused on theater and arts education.
Shubert-MTI Broadway Junior Project
Educational initiative providing resources and licensing for middle school theater productions, supporting arts access in public schools.
activities · 3 groups

What they do

  • Artist Support Grants 1 activity
    • Funding leadership and teacher development programs
      Funds initiatives focused on leadership and teacher development in the arts through grantmaking.
  • General Operating Support Grants 1 activity
    • Funding nonprofit theaters through general operating support
      Provides general operating support to nonprofit theaters via grants, enabling the production and presentation of theatrical performances and related activities.
  • Arts Education Scholarships 1 activity
    • Funding the Shubert-MTI Broadway Junior Project
      Provides grants to support the Shubert-MTI Broadway Junior Project, an educational theater program that enables middle school students to produce and perform abridged musicals.
financials · form 990PF · fy2024
revenue
Total revenue$77.37M
Contributions & grants$190K0%
Program service revenue
Investment income$26.87M35%
Other revenue$48.41M
expenses
Total expenses$6.77M
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$682K
Grants paid out$42.00M
balance sheet
Total assets$706.94M
Cash
Investments
Liabilities
Net assets$702.27M
5 years on record · 2020–2024 · YoY revenue +42.1%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
VICKI REISS ASST SECRETARY/EXEC DIRECTOR 40 $610K
DIANA PHILLIPS PRESIDENT 3 $123K
board members · 7
  • LAURA FORESE — DIRECTOR
  • LEE J SEIDLER — DIRECTOR
  • PAMELA NEWKIRK — DIRECTOR
  • RICHARD J POCCIA — DIRECTOR
  • ROBERT E WANKEL — CHAIRMAN
  • STUART SUBOTNICK — DIRECTOR
  • WYCHE FOWLER JR — DIRECTOR
relationships · 11

Who they work with

  • AMERICAN REPERTORY THEATRE Partner — Receives general operating support for theatrical productions and activities.
  • ATLANTIC THEATER COMPANY Partner — Receives general operating support for theatrical productions and activities.
  • CHICAGO THEATRE GROUP INC Partner — Receives general operating support for theatrical productions and activities.
  • FUND FOR PUBLIC SCHOOLS INC Partner — Receives grant funding for leadership and teacher development and the Shubert-MTI Broadway Junior Project.
  • MANHATTAN THEATRE CLUB INC Partner — Receives general operating support for theatrical productions and activities.
  • NEW YORK SHAKESPEARE FESTIVAL Partner — Receives general operating support for theatrical productions and activities.
  • PLAYWRIGHTS HORIZONS INC Partner — Receives general operating support for theatrical productions and activities.
  • SOUTH COAST REPERTORY INC Partner — Receives general operating support for theatrical productions and activities.
  • STEPPENWOLF THEATER CO Partner — Receives general operating support for theatrical productions and activities.
  • VIVIAN BEAUMONT THEATER INC Partner — Receives general operating support for theatrical productions and activities.
  • WASHINGTON DRAMA SOCIETY INC Partner — Receives general operating support for theatrical productions and activities.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • General Operating Support for Theater Organizations
    methodology: general_operating_support
    By providing unrestricted general operating grants, we strengthen the sustainability and artistic output of theater organizations because flexible funding allows them to allocate resources according to their most pressing needs, fostering long-term resilience and creative capacity.