New Jersey · Nonprofit
TWO RIVER THEATRE COMPANY INC
TWO RIVER THEATRE COMPANY INC (New Jersey) receives grants from 40 organizations whose IRS filings report $22,099,699 to it, the largest being Greater Kansas City Community Foundation ($17,676,000). 21 of them have funded it in more than one year, and 87% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $7.0M
- Funders on record
- 40
- Grants received
- $22M
- Net assets
- $133M
What Two River Theatre Company Inc does
Mission
To create great american theater by developing and producing new works and world masterpieces that most richly direct our gaze to the life of the human spirit. We cultivate an audience that cherishes the intimate joy of theater, enriched when shared by a community of others.
As stated on its FY2025 Form 990.
Programs
Two river's 2024/25 season featured productions from the american canon, contemporary and classic alike, that explore themes that appeal to an expansive community and the american experience. We produced works across the spectrum from one of the most prolific american playwrights to a writer's first-ever production. As we continued to rebuild our audiences with more eclectic and inclusive programming, we saw a surge in positive response from our patrons, donors, and artistic communities. This exciting season included: american mariachi by jose cruz gonzalez, dial m for murder by jeffrey hatcher, the world premiere of vos! By christina pumariega, and the price by arthur miller.
$5,759,605 spent$1,000,978 earned by the program85% of program spendingTwo river's arts education programs introduce people of all ages to theater and cultivate a new generation of theatergoers. Utilizing arts practice and arts exposure, initiatives include: community playmaking: a new joint initiative with project write now that fosters creativity and connection within our local community; a little shakes: an abridged shakespeare play, performed by high schoolers; metro scholars: a year-long program for high schoolers to learn the operations of a theater through workshops, performances and assistantship; summer intensives: a multi-week camp where students create and perform a show in one week; student matinees & have a seat: free tickets and transport to a trt show; play date: free childcare and discount tickets for caretakers; the art of social justice: free workshops that support conversations about race through art; sensory inclusive shows: shows created to welcome people on the spectrum; emerging professionals: a workforce development program that serves as an incubator for early-career theater professionals, and; bilingual workforce development program: in partnership with the count basie center for the arts, this program develops employment…
$379,554 spent$19,991 earned by the program6% of program spendingTwo river significantly invests into artistic activities to champion the next voices in the through new play development. Each year, we produce 4-6 artistic development workshops; host writers' retreats with our regional theater partners; commission at least one to two playwrights each season; and produce crossing borders/cruzando fronteras festival, a free public event that features free play readings and live music by latine artists. Since 2010, we have produced the world or american premieres of 23 plays and musicals, 8 of which were two river commissions. Commissions in development include plays and musicals by christopher anselmo & jared corak, ngozi anyanwu, jaclyn backhaus, jessica hagedorn, joe iconis, james ijames, eliana pipes, and christina pumariega.
$633,511 spent9% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $6,772,670.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $103M to $130M (+26%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 2% · 2018 1% · 2019 1% · 2020 5% · 2021 32% · 2022 23% · 2023 7% · 2024 3% · 2025 8%. Grants only. Government contracts and fees sit inside program revenue.
40% of TWO RIVER THEATRE COMPANY INC’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base broadened from 11 funders to 15 funders, grant income fell $1.2M → $487k.
15 of 40 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 87% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of TWO RIVER THEATRE COMPANY INC’s funders (the co-funder graph). Top 30 of 40 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
TWO RIVER THEATRE COMPANY INC leans on a few funders — its largest provides 80% of grant income and the top three 86%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
89% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund TWO RIVER THEATRE COMPANY INC.
Largest funder’s share by year: 2017 87% · 2018 99% · 2019 63% · 2020 23% · 2021 37% · 2022 38% · 2023 26% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
45% of TWO RIVER THEATRE COMPANY INC's funders are still giving 3 years after their first grant; 53% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
87% of TWO RIVER THEATRE COMPANY INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $2.8M that is directly attributable, 69% of it comes from funders outside New Jersey, across 7 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $19M arriving through sponsors registered in 12 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
TWO RIVER THEATRE COMPANY INC receives grants from 40 organizations whose IRS filings report $22M to it.
this organization peer median middle 50% of peers· 3,430 arts & culture nonprofits $1M–$10M, FY2025
Government funding TWO RIVER THEATRE COMPANY INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.3M on record — $140k federal, $2.1M state.
- National Endowment for the Arts$140k
- GRANT IN AID$1.9M
- FEDERAL$126k
- TRUST FUND$90k
- DIRECT STATE SERVICES - NON-SALARY$6k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like TWO RIVER THEATRE COMPANY INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New Jersey
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
74% of spending goes to programs.
Governance
Public support
68%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for TWO RIVER THEATRE COMPANY INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds TWO RIVER THEATRE COMPANY INC?
- TWO RIVER THEATRE COMPANY INC (New Jersey) receives grants from 40 organizations whose IRS filings report $22,099,699 to it, the largest being Greater Kansas City Community Foundation ($17,676,000). 21 of them have funded it in more than one year, and 87% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does TWO RIVER THEATRE COMPANY INC have?
- IRS filings report 40 organizations giving $22,099,699 in grants to TWO RIVER THEATRE COMPANY INC, 21 of which have funded it in more than one year.
- Who is the largest funder of TWO RIVER THEATRE COMPANY INC?
- Greater Kansas City Community Foundation is the largest funder on record, with $17,676,000 in grants. The full list of funders is on this page.
- How can an organization like TWO RIVER THEATRE COMPANY INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 40 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing