irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $136KIGNITE CONCERT FESTIVAL A series of concerts and special events presented March and April 2025 showcasing works in progress musical theater works including: Friday, March 28 2025 @ 7:30p: Marguerite, In Concert Saturday, March 29 2025 @ 7:30p: Broadway Barkada, In Concert Sunday, March 30 2025 @ 3p: Women of WICKED - Panel Discussion Wednesday, April 2 2025@ 7:30p: Cherry Orchard, In Concert Saturday April 5 2025 @ 7:30p & Sunday April 6 @ 3p: We Foxes, In Concert presented with Actor Therapy New Works & Very Intense Productions Thursday, April 10 2025 @ 7:30p: The Battle of Blythe Road, In Concert prpresented with On The Quays Sunday, April 13 2025 @ 2p: Amberland, In Concert presented with Ring of Keys 8 performances 1057 Attendees
- #2 $46KMAYA - THE MUSICAL IN CONCERT Book & Music by CHEEYANG NG Book & Lyrics by ERIC SORRELS Directed by J. MEHR KAUR A concert of the New Musical presented by Prospects IGNITE Series in partnership with National Asian Artists Project THURSDAY, NOVEMBER 21 2024 @ 7PM, Symphony Space 1 performance 409 Attendees
named programs · 3 · from sources
What they call their work
Annual Musical Theater Lab
Developmental program presenting short new musicals through concert-style readings, supporting emerging composers and writers.
GALA & MUSE AWARDS
Annual benefit event honoring influential figures in musical theater, featuring performances and recognition of artistic contributions.
IGNITE Concert Festival
Annual spring festival showcasing concert presentations of new musical theater works in progress, including performances, panels, and special events.
activities · 5 groups
What they do
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Live Music Performances & Concerts 3 activities
- Establishing and maintaining performance residencies and public performancesOperates a residency at Baruch Performing Arts Center in Manhattan, launched in Spring 2025, serving as a base for its Ignite Festival and other concert programming. Also schedules and hosts individual public performances, such as a March 27, 2025 concert at 7:00pm, ensuring consistent public access to new musical theater works.
- Organizing the IGNITE Concert Festival and related Ignite Series eventsProduces the annual IGNITE Concert Festival—a multi-week spring event featuring concerts, readings, and panel discussions that showcase works-in-progress in musical theater. The festival includes public performances and fosters dialogue around the art form, with documented events held at Baruch Performing Arts Center and other NYC venues. IRS 990 data confirms 8 performances with 1,057 attendees in March and April 2025, and prior iterations included multiple concert readings and partnerships.
- Presenting special concerts and musicalized readings of original or adapted worksHosts one-time or limited-run concerts and musicalized book readings, such as a musicalized adaptation of "After Anatevka" continuing Hodel’s story from "Fiddler on the Roof," and concerts spotlighting specific composers (e.g., Peter Foley) or cultural communities (e.g., South Asian songwriters). These events are often part of larger festivals or series and feature collaborations with guest artists and specialized ensembles.
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New Play Development Programs 1 activity
- Hosting developmental programs for emerging musical theater artistsSupports emerging writers and performers through initiatives like the Annual Musical Theater Lab: POTLUCK, which features new works by up-and-coming composers and lyricists. This includes commissioning short-form musicals and providing performance opportunities, such as the 2023 concert with 374 attendees at the Lab: POTLUCK and inclusion of lab works in the Ignite Series.
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Theatre Awards and Honors Administration 1 activity
- Hosting the Annual Gala and Muse Awards to honor contributions to musical theaterOrganizes an annual gala event that includes the Muse Awards, recognizing individuals who have made significant contributions to the musical theater field. Recent honorees include Ken Davenport, LaChanze, Lindsay Mendez, Ryan Scott Oliver, and Jose Antonio Vargas (2026), with past events contributing to community engagement and artist recognition.
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Original Music-Theater and Opera Production 1 activity
- Producing and presenting concert performances of new musicals in developmentStages concert presentations and full productions of new musical theater works, including original pieces and developmental labs, often featuring emerging artists and writers. Examples include "Oscar Micheaux Suite," "BAKED! The Musical in Concert," and "MAYA - THE MUSICAL IN CONCERT." In recent years, these have ranged from one-night concerts to multi-performance runs at venues such as 59E59 Theaters, Symphony Space, and Baruch Performing Arts Center.
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Uncategorized 1 activity
- Commissioning and distributing short digital musical theater works (VISION Series)Commissioned and released the VISION Series—seven short musical theater works produced as films and made freely available on YouTube between October and December 2020. These were filmed in various theaters and collectively reached thousands of viewers, with individual view counts ranging from 489 to 2,550.
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financials · form 990 · fy2024
revenue
Total revenue$575K
Contributions & grants$513K89%
Program service revenue$59K10%
Investment income$1K0%
Other revenue$1K
expenses
Total expenses$711K
Program expenses79%
Admin / overhead15%
Fundraising6%
Salaries & benefits$296K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$149K
Cash$86K
Investments$0
Liabilities$14K
Net assets$135K
Liquid reserves1.5 mo
6 years on record · 2019–2024 · YoY revenue -24.4%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 3
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| CARA REICHEL | BOARD MEMBER/PRODUCING ARTISTIC DIRECTOR | 40 | $48K |
| MELISSA HUBER | BOARD MEMBER/MANAGING DIRECTOR | 20 | $31K |
| PETER MILLS | BOARD MEMBER | 5 | $4K |
board members · 13
- CAROLINE EBER — BOARD MEMBER
- ELIZABETH CASASOLA — BOARD MEMBER
- FOXY SQUIRE — BOARD MEMBER
- JANE ABRAMSON — SECRETARY
- JASON MA — PRESIDENT
- JESSE KEARNEY — PRESIDENT (LEFT DECEMBER 2024)
- JULIE MILLER — BOARD MEMBER
- KARIN KAWAMOTO — BOARD MEMBER
- KYLE BURKHARDT — TREASURER
- ROBERT GURMAN — BOARD MEMBER
- SOPHIE GANDLER — BOARD MEMBER
- TIRA HARPAZ — VICE PRESIDENT
- TONY VALLES — BOARD MEMBER
relationships · 40
Who they work with
- Actor Therapy New Works & Very Intense Productions Partner — Co-presented "We Foxes, In Concert" during the IGNITE CONCERT FESTIVAL in April 2025.
- American Theatre Wing Government — Honored Prospect Theater Company for its role as a community anchor for emerging artists.
- BARUCH PERFORMING ARTS CENTER Partner — Venue host for the Proud Marys concert performances.
- Baruch Performing Arts Center Partner — Hosted the IGNITE Festival concert event at its venue located at 55 Lexington Ave., NYC.
- Baruch Performing Arts Center Partner — Hosted venue for public event featuring Alex Timbers.
- Baruch Performing Arts Center Partner — Hosts Prospect Theater Company's concert events.
- Baruch Performing Arts Center Partner — Hosts Prospect Theater Company's residency and events, including the Ignite Concert Festival.
- Baruch Performing Arts Center Partner — Hosts the performance of Sophie Blanchard’s IGNITE Concert.
- Baruch Performing Arts Center Partner — Venue host for the "After Anatevka - IGNITE Concert" event.
- Baruch Performing Arts Center Partner — Venue host for the Song Society- IGNITE Concert.
- Baruch Performing Arts Center Partner — Venue partner for the presentation of "The Jordan & Avery Show" concert as part of the IGNITE Festival.
- Broadway Barkada Partner — Community partner for the Proud Marys concert.
- Circle In the Square Theatre School Partner — Training program whose student cast members participated in the concert performance.
- Edison Ballroom Partner — Venue hosting Prospect's annual Gala and Muse Awards.
- Institute of American Musical Theatre Partner — Training program whose student cast members participated in the concert performance.
- Les Freres Corbusier Partner — Collaborated with on early experimental theater work.
- Live & In Color Partner — Curated the South Asian Songbook concert in collaboration with Prospect Theater Company.
- Marymount Manhattan College Partner — Training program whose student cast members participated in the concert performance.
- Molloy College / CAP21 Program Partner — Training program whose student cast members participated in the concert performance.
- Montclair State University Partner — Training program whose student cast members participated in the concert performance.
- NYC Department of Cultural Affairs Funder — Provides project support for the IGNITE Concert program.
- NYC Department of Cultural Affairs Government — Provides project support for the IGNITE Festival.
- NYC Department of Cultural Affairs Government — Provides project support funding for programming.
- NYU Tisch Drama’s New Studio on Broadway Partner — Training program whose student cast members participated in the concert performance.
- National Asian Artists Project Partner — Co-presents the IGNITE Festival and Proud Marys concert.
- National Asian Artists Project Partner — Collaborates with Prospect Theater Company to present new musicals in concert, including MAYA - THE MUSICAL and BAKED! The Musical.
- New York City Department of Cultural Affairs Government — Provided project support funding for a concert presentation.
- New York City Department of Cultural Affairs Government — Provided project support funding for the IGNITE Festival concert.
- New York City Department of Cultural Affairs Government — Provides project support funding for Prospect Theater Company's programs.
- New York City Department of Cultural Affairs Government — Provides project support funding for programs.
+ 10 more
strategies · 3
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.
- Diverse Representation as a Narrative and Artistic Catalystmethodology: culturally_inclusive_developmentBy intentionally developing culturally inclusive works and casting emerging performers from diverse backgrounds, we deepen narrative authenticity and expand the relevance of musical theater, because varied identities and interpretations actively reshape and enrich storytelling meaning.
- Hybrid Musical Formats to Expand Theatrical Boundaries and Audience Connectionmethodology: hybrid_musical_formatBy blending original music with personal narrative, pop culture, and multimedia elements in non-traditional formats, we create emotionally resonant experiences that challenge genre conventions and foster authentic audience engagement, because integrating concert energy and intimate storytelling increases accessibility and emotional impact.
- Incubation of Emerging Artistic Voices through Developmental Showcasesmethodology: new-works-incubationBy showcasing works-in-progress and original musicals in concert format, we accelerate the development of new theatrical works and elevate emerging artists, because early-stage public engagement fosters artistic refinement, audience investment, and field-wide innovation.