Learning sessions #5 Pre Incubator - Stark Naked Theatre Co
1. Participant:
Insert photo 1
Program Term:
02/2012 – 1/2013
Contact:
Philip Lehl, Kim Tobin
Co-Executive Directors
info@starknakedtheatre.com
832 866 6514
starknakedtheatre.com
Pre-Incubator Program
2. Participant Profile:
“To develop and support theatrical artists by providing competitive pay, and to develop
and promote an aesthetic of acting that is truthful, by producing exciting, cutting-edge,
live theatre..”
• Incorporated in 02/2011
• 2012 operating budget = $87,823
• Number of Board Members = 8
• Main challenges we faced prior to the Program:
• Understanding Bookkeeping
• Growing Our Board
• Meeting Our Fundraising Goals
• Obtaining a Venue
Enters the Pre-Incubator Program on Feb 2012
3. Outcomes Summary
What difference did the Pre-Incubator program make?
• Stark Naked is a stronger, better-run
organization, ready to step up to the next
level of budget and fundraising.
– Our books are now kept on QuickBooks,
and our bookkeeper meets regularly with
an experienced arts CPA
– We have identified, with the help of a
professional fundraiser (a volunteer)
foundations that we will be targeting in
the next fiscal year
– Board meets regularly, and is involved in
PR and fundraising; and has grown from
3 members, to 8
– We have secured a permanent venue –
STUDIO 101
– Our volunteer fundraiser has urged us to
plan and implement an endowment,
starting next fiscal year
4. Use of Funds
Awarded $7500 towards administrative and/or programmatic expenses
including IRS 990 preparation, venue rental fees, and artist honorarium.
Description1 Amount Type
AEA Actors for BODY
AWARENESS
$4,536 Program
Portion of three months
rent (October 2012 –
December 2012) for
Studio 101 and Studio
122 at Spring Street
$2,964 Admin.
Studios – (actual total
rent for that period =
$3,405)
• These funds allowed Stark Naked to hire
three union actors for our production of
BODY AWARENESS (where we probably
would’ve had to make do with one or two)
• This also allowed us to be “rent free” for
nearly three months, meaning we could
concentrate on other areas such as
fundraising, and producing art
6. Keys to Success
• Came to a much better understanding of
accounting and budgeting
• Came to a much better understanding of
financial controls
• Introduced our board to the importance
of assisting us with tasks assigned
• Defined the roles of our immense, two-
person, married staff (sustainability)
– As the primary contact, I did the
work asked of me in a timely
manner, to the best of my ability,
allowing the HAA staff to show me
what I’d done right, and wrong
7. Lessons Learned
• What were your course corrections?
– Keep in mind that good record-
keeping – receipts, internal
communications, etc. will prove
invaluable. For example, in the past
we have only contracted the union
actors we employ – we’ve found that
this is foolhardy, and intend to
formally contract all hires from now
on
– Be willing to give up control. As a
small organization we do everything;
when help arrives, don’t let jealously
guard what has been your purview
8. Summary of Future Plans
• We hope to expand our programming, both in
terms of number of events, and number of
performances of each event
• We hope to foster young, start-up theatre
companies, through use of STUDIO 101
• We hope to continue to increase our pay for
theatrical artists, in keeping with our mission
• Future targets include
• Endowment – target foundations and major
donors who want to see us become an institution
• Programming – more and bigger
• Staff – move from volunteers to paid positions
All of these targets require two things:
continued excellence in artistic achievement,
and effective fundraising