2026-02-16T14:43:33-08:00 2025-06-30 823782880 Mary G Sormeley CPA 560 Day Ave Ridgefield NJ 07657 990 2024-07-01 133697027 TARGET MARGIN THEATER INC TARG 7183983095 232 52nd Street Brooklyn NY 11220 David Herskovits Artistic Dir. 2026-02-16 true true Mary G Sormeley P01469548 2018328922 X 2024 2025-03-06 01:10:19Z David Herskovits 232 52nd Street Brooklyn NY 11220 1021735 false X www.targetmargin.org X 1991 NY To create radically re-imagined versions of classics and new creations inspired by existing sources. 8 7 70 10 0 766968 809380 61886 172703 18515 18067 32969 1712 880338 1001862 0 0 420034 572387 0 98413 339081 401617 759115 974004 121223 27858 1216976 1114904 419158 289228 797818 825676 To create radically re-imagined versions of classics and new creations inspired by existing sources. false false 691540 172703 Target Margin Theater had a fulfilling 2024/2025 season. Our seasons performance program was anchored by a new production of "Show Boat: A River," directed by David Herskovits and presented in collaboration with NYU Skirball Center. This bold new adaptation reframed the classic 1929 musical "Show Boat" for todays audience. Rehearsals began in November 2024, featuring an updated vocal and orchestral score, and a primarily BIPOC design team and cast of 10. Performances ran from January 9 26, 2025 at NYU Skirball Center with 6,304 audience members attending. Target Margin also hosted The Exponential Festival in January 2025 in The Doxsee Theater. Productions included Music created by Hayley Stahl, Gilda, with an Olive created and performed by Sophie Zmorrod, Ama created by Kenneth Keng, and winter solstice created and directed by Lal Ensari. Performances ran from 1/17 2/1/2025, with 510 audience members attending. Supporting artists has always been an integral part of TMTs mission. The TMT Institute continued this season with a new cohort of artists: Sarah Bellin, Ana Cantorn, Alyssa Haddad-Chin, Carl Holder, and Faith Zambl. Fellows are supported with space, material resources and a $2,000 stipend. On Sunday, June 8th, TMT held an Open Studio to invite our community to share in what the fellows had been exploring. TMTs Studio Space supported more than 91 theater artists with free rehearsal space totaling 1000 hours over the season. Our Young Artist Program in collaboration with the Center for Family Life worked at 2 different schools this season. In Fall 2024, TMT Artists and worked with 3rd - 6th graders at PS01 on a new production, with 4 performances on 12/6 and 12/7/2024. In Spring 2025, TMT Artists worked with students at PS 516 to create a new piece, which performances on June 9th, 2025. 380 people saw the fruits of our Young Artist program over the course of the season. Target Margins Community Cafes this season included gatherings for Local Artists (7/12/2024), SWANA community (7/18/2024), Kindred Theater Staff (7/28/2024), and a Holi-Gay Soiree (12/12/2024). In March 2025, Target Margin partnered with the Womens Empowerment Coalition of NYC to host a Community Cafe Ifta. More than 160 people attended our Community Cafes this season. 691540 true true false false false false false false false false true false false true true true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 55 0 true 70 true false false false false false true true false 0 false false false false false false false X 8 7 false false false false false false false true true false false true true true true true true true true false NY X David Herskovits 7183983095 232 52nd Street Brooklyn NY 11220 David Herskovits Artistic Dir. 40.00 0.00 X X 82787 0 6000 Purva Bedi Secretary 5.00 0.00 X X 0 0 0 Melody Cooper Director 2.00 0.00 X 0 0 0 Kate Levin President 5.00 0.00 X X 0 0 0 Raymond Lohier Director 2.00 0.00 X 0 0 0 Greig Sargeant Director 2.00 0.00 X 0 0 0 Eric Sloan Asst Secretary 2.00 0.00 X 0 0 0 Adam Weinstein Treasurer 5.00 0.00 X X 0 0 0 82787 6000 0 false false false 0 144260 132075 533045 809380 Performance fees 711110 105000 105000 Rental income 711110 67703 67703 172703 18067 18067 0 0 0 0 19873 144260 19873 0 0 0 Miscellaneous 711110 1712 1712 1712 1001862 192482 X 0 0 0 0 82787 57951 4139 20697 0 368559 271377 78025 19157 0 78697 64080 9843 4774 42344 32831 6406 3107 0 0 10000 10000 0 0 0 123089 107040 16049 4849 1476 3251 122 5053 3101 1314 638 0 0 180446 110738 46940 22768 3960 2430 1030 500 0 0 0 0 15978 9806 4156 2016 3655 2243 951 461 Production expenses 23428 23428 Indirect benefit expenses 11628 11628 Bank and credit card fees 7557 1428 586 5543 Printing and Publications 4332 615 148 3569 7642 2996 1213 3433 974004 691540 184051 98413 666035 331260 404250 88983 72280 100 0 0 0 0 1132 720 98270 65766 48480 32504 0 0 0 0 412346 273790 1216976 1114904 4644 16843 13300 9523 401214 262862 419158 289228 X 657818 708176 140000 117500 797818 825676 1216976 1114904 27858 X false true X true false X 698075 655366 519927 766968 809380 3449716 13217 60063 57822 61886 172703 365691 0 0 0 711292 715429 577749 828854 982083 3815407 58470 13500 40582 26500 123500 262552 0 58470 13500 40582 26500 123500 262552 3552855 148 2095 18515 18067 38825 0 148 2095 18515 18067 38825 0 738 507 187 1712 3144 711292 716315 580351 847556 1001862 3857376 0.92110 0.94910 0.01010 0.00580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 42114 30045 12069 53777 33342 20435 2379 2379 32504 Operating right of use asset 252477 Security deposit 21313 273790 Operating lease liability 262362 Security deposit payable 500 262862 X 1001862 1001862 1001862 974004 974004 974004 Part X : FIN48 Footnote Management has evaluated all income tax positions and concluded that no disclosures relating to uncertain tax positions are required in the financial statements. X X X X X X false NY Benefit 164133 144260 19873 19873 164133 144260 19873 19873 19873 Form 990, Part VI, Section B, Line 11b Management reviews the draft of the 990 with the audit/finance committee and provides edits for the tax preparer. After this process is performed, the Form 990 is sent to the full board of directors prior to being filed with the IRS. Form 990, Part VI, Section B, Line 12c The Organization has a board approved conflict of interest policy. Each board member must fill out an annual declaration stating they have no conflicts or identifying the nature of their interested party transactions. Form 990, Part VI, Section B, Line 15a The board determines the compensation of the Artistic Director and staff based on market rates and the capacity of the Organization. There is an annual review of compensations. Form 990, Part VI, Section C, Line 19 No documents available to the public.