Quiz One Flashcards

1
Q

Factors determining where to place a theatre

A
Audience Potential (1-3%)
Transportation
Local Media
Local Organizations
Local Economy
Weather
Local Attitudes
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2
Q

Divisions of Labor (commercial & non-profit)

A

Leadership

  • c: producer
  • np: board of directors

Management

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

Staff

  • administrative
  • production
  • artistic
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3
Q

Copyright definition

A

the right to copy

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4
Q

Public domain

A

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

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5
Q

Copyright on original work

A

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

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6
Q

liscencing

A

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)
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7
Q

Royalty and how it’s determined

A

money the playwright receives for their work

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

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8
Q

Fair use

A

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

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9
Q

Four wall agreement

A

given a building with no personnel or equipment

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10
Q

stop clause

A

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

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11
Q

Organization- sole proprietor

A

single person, greatest risk & reward

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12
Q

organization- corporation

A

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

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13
Q

Organization- general partnership/ joint venture

A

sole proprietorship with many people

quick to assemble,

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14
Q

Organization- limited partnership agreement

A

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)

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15
Q

Organization- limited liability company (LLC)

A
  • 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)
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16
Q

How to raise capital

A

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

17
Q

front money

A

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

18
Q

ATPAM

A

Association of Theatrical Press Agents and Managers

19
Q

USA

A

United Scenic Artists

20
Q

SDC

A

Stage Directors and Choreographers

21
Q

AFM

A

American Federation of Musicians

22
Q

IATSE

A

International Alliance of Theatrical Stage Employees

23
Q

AGMA

A

American Guild of Musical Artists

24
Q

AEA

A

Actors’ Equity Association

25
Q

Sister unions of AEA

A
  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)
26
Q

Royalty pool

A

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

27
Q

Non-standard commercial contracts

A
  • 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
28
Q

First Class/National Tours

A
  • 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
29
Q

League of American Theatres and Producers

A

The League

-Broadway’s trade association, research, professional development (Tony awards)

30
Q

Section 501(c)(3) of IRS Code

A

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

31
Q

What is a non-profit?

A
  • specialized corporation where profits are reinvested into itself
  • managed by a triangle of artistic director, board of directors, managing director
32
Q

Mission Statement

A

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)

33
Q

Volunteer Lawyers for the Arts (VLA)

A

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

34
Q

LORT

A

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
35
Q

Equity Agreements with non-profits

A
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
36
Q

Collaborations

A

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.)