Quiz One

Question 1

Factors determining where to place a theatre

Answer 1

Audience Potential (1-3%)
Transportation
Local Media
Local Organizations
Local Economy
Weather
Local Attitudes

Question 2

Divisions of Labor (commercial & non-profit)

Answer 2

Leadership

• c: producer
• np: board of directors

Management

• c: general manager & theatre owner
• np: artistic director & managing director

Staff

• administrative
• production
• artistic

Question 3

Copyright definition

Answer 3

the right to copy

Question 4

Public domain

Answer 4

after copyright expires, work moves into public domain- able to be used by all
no standard rule for determining when copyright expires and becomes public domain

Question 5

Copyright on original work

Answer 5

approved production contract through the Dramatists Guild, works out who has rights, who gets royalties, protects the playwright and their rights during rehearsal/casting process

Question 6

liscencing

Answer 6

license holder has secured the performance rights to a play or musical

• Dramatists Play Service
• Samuel French Inc.
• Musical Theatre International (MTI)
• Rogers and Hammerstein Theatricals (R&H)
• Tams Witmark
• Americal Society of Composers, Authors, and Publishers (ASCAP)
• Broadcast Music Inc (BMI)

Question 7

Royalty and how it’s determined

Answer 7

money the playwright receives for their work

charges determined by when you’re performing, how many performances, and what you’re charging for tickets

Question 8

Fair use

Answer 8

ability to use materials without paying their royalty
determined by:
-purpose/character of the use (commercial or non-profit)
-nature of copyrighted work
-amount of document used
the effect of the use on the potential market for the work

Question 9

Four wall agreement

Answer 9

given a building with no personnel or equipment

Question 10

stop clause

Answer 10

amount agreed to in license (time clause) if show fails to reach a certain amount based on gross weekly box office they can pull out of their lease without any fines or negative repercussions

Question 11

Organization- sole proprietor

Answer 11

single person, greatest risk & reward

Question 12

organization- corporation

Answer 12

a legal entity to protect assets of individuals, perpetual existence
limited risk, high start up cost

Question 13

Organization- general partnership/ joint venture

Answer 13

sole proprietorship with many people

quick to assemble,

Question 14

Organization- limited partnership agreement

Answer 14

General partner
-producer, assumes all control and legal risks, must repay limited partners before profits are split, gets 50% profits

Limited partners
-investors (100% of money, 50% profits), only risking capital, contributes a specific amount of money (10% share = 5% profits)

Question 15

Organization- limited liability company (LLC)

Answer 15

• allows for standing as legal entity; members aren’t personally liable for losses
• varying amounts of investments by members
• varying amounts of distributing profits
• avoids double taxation (corporate & individual taxing)

Question 16

How to raise capital

Answer 16

Offering papers

• synopsis of play
• bios of principals
• financial/legal organization
• statement of risk

Backers’ Audition: potential investors invited to hear a script reading, hear music, and see set designs/models to secure their investment

Question 17

front money

Answer 17

money invested in a show before the partnership is formed
used for various expenses
considered high risk and so receives high rewards if production moves forward

Question 18

ATPAM

Answer 18

Association of Theatrical Press Agents and Managers

Question 19

USA

Answer 19

United Scenic Artists

Question 20

SDC

Answer 20

Stage Directors and Choreographers

Question 21

AFM

Answer 21

American Federation of Musicians

Question 22

IATSE

Answer 22

International Alliance of Theatrical Stage Employees

Question 23

AGMA

Answer 23

American Guild of Musical Artists

Question 24

AEA

Answer 24

Actors’ Equity Association

Question 25

Sister unions of AEA

Answer 25

1. American Guild of Musical Artists (AGMA) 2. American Federation of Television and Radio Artists (AFTRA) 3. American Guild of Variety Artists (AGVA) 4. Screen Actors Guild (SAG)

Question 26

Royalty pool

Answer 26

recipients receive their royalty after the fixed expenses have been deducted from the weekly gross box office sales, typical for musicals

Question 27

Non-standard commercial contracts

Answer 27

- Showcase: >100 seats, no more than 12 performances - Workshop: 6-12 weeks of rehearsals (invited audience) - Cabaret: 90 minutes, performed in the same room as food and beverage - Industrials: using theatrical people to market outside products/services - First Class/ National Tours

Question 28

First Class/National Tours

Answer 28

- oftern supervised by original creative team - concurrent or after close of broadway run - open ended or sit down run - more than one tour, national touring company

Question 29

League of American Theatres and Producers

Answer 29

The League | -Broadway's trade association, research, professional development (Tony awards)

Question 30

Section 501(c)(3) of IRS Code

Answer 30

designates an organization as charitable and tax exempt (theatre/dance falls under educational section)

Question 31

What is a non-profit?

Answer 31

- specialized corporation where profits are reinvested into itself - managed by a triangle of artistic director, board of directors, managing director

Question 32

Mission Statement

Answer 32

includes statement of purpose (what are we here to do), statement of ambition (where is the organization heading), statement of values (what do we hold dear)

Question 33

Volunteer Lawyers for the Arts (VLA)

Answer 33

Lawyers who offer pro bono services to theatre/arts organizations, may serve on board of directors

Question 34

LORT

Answer 34

League of Resident Theatres - A+: Broadway non-profit (tony eligible) - A: grandfathered in when LORT began - B+, B, C, D various classifications due to how much money the organization makes requirements - non-profit - performing season of at least 12 weeks - minimum rehearsal period of 3 weeks - operate under LORT agreements with AEA, SDC, and USA

Question 35

Equity Agreements with non-profits

Answer 35

``` Letter of Agreement (LOA): used in developmental situations to provide theatre time and flexibility to develop into standard equity contract, terms vary Small Professional Theatre Agreement (SPT): Theaters fewer than 350 seats outside of New York, Chicago, and LA Guest Artist (GA): non-profits who occasionally employ equity actors; no more than two actors unless given special permission, in which case they need an equity stage manager ```

Question 36

Collaborations

Answer 36

Theaters agree to run same shows in yearly rotation (Company A does show 1 year 1, Company B does show B, Company C does show 3; the next year company A does show 2, etc.)