Word: nonprofit
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...KINDS OF CIVIC BETTERMENT have enjoyed wider approval than the regional nonprofit theater movement. But the acclaim has tended to obscure three dirty little secrets. First, many of these institutions have been afflicted with an edifice complex, caring more about glistening facilities than about what goes on inside them. Second, the regional houses have been loath to risk developing new plays and, even more, new musicals. Third, at many of them the acting is mainly mediocre. A seeming example of the first and third shortcomings is the Denver Center Theater. The four-stage complex is as impressive an array...
...Smithsonian Institution? Aren't they the earnest scholars who compile hours of field hollers and other historic folk music? Yes, but in 1971 the Smithsonian began moving gradually into mainstream pop and jazz, first by mail order and, since last fall, in retail record stores. Because it is a nonprofit entity, commercial labels grant it the rights to their classic and vintage tracks. These plus the private collections unearthed by the Smithsonian make for unequaled quality and comprehensiveness...
Documents filed this month with the State Office of Public Charities report the salaries of the five highest-paid officers of Harvard Management Corporation, a nonprofit organization which oversees the University's $4.7 billion in investments...
...their asking price often prefer to switch to the stage, which the industry views as a prestigious but separate business, rather than agree to slip back down Hollywood's money ladder. Not that Broadway pay is exactly monastic. While Pacino will work for $1,000 a week in a nonprofit house, some stars command up to 10% of box-office gross, as much as $20,000 a week. For many, the choice is artistic. They want | to play classic roles, work with particular directors or co-stars, or demonstrate talent in a way films do not allow. Baldwin, for example...
...terming the dismissal "a barbaric act," Terkel left the world of bottom-line publishing to join Schiffrin at the New Press, established earlier this year as a foundation-supported specialist in social issues. Race is the house's first book, one that will undoubtedly turn a profit for the nonprofit publisher...