Word: nonprofitability
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...replaced by office buildings but for the kind of chance known as "actor's luck"; the theater slump had coincided with the office-building slump. Since then, the organization has been among the leaders in trying to revitalize theater, pouring more than $2 million seed money into nonprofit companies and urging greater cooperation between all kinds of theater...
...Merrick opt for straight subsidies. Gerald Schoenfeld, co-executive director of Shubert, thinks that angels should be allowed to deduct investments from their taxes and that the taxes paid by the Broadway area should be pumped back into it. Subsidies from public and private sources already support the flourishing nonprofit theaters that now feed Broadway. The most promising young playwrights have come from them too. Terrence McNally (Bad Habits, The Ritz) got his start at the Manhattan Theater Club. So did Mark Medoff (The Wager, When You Comin' Back, Red Ryder?). It was New Haven's Long Wharf...
...Kezar Stadium to plead for contributions. Last week, just before the musicale got under way, however, Bay Area newspapers disclosed that the board of education had suddenly uncovered $2.1 million in extra funds. Graham called the concert his "finest hour," temporarily placed $300,000 in proceeds into a nonprofit corporation bank account, and demanded an explanation by the educators. Groused Graham: "Obviously there is a lack of administrative ability with the school district personnel...
...Accredited. Womanschool is nonprofit and not accredited. Tuition is $60 for the ten-week courses, and as low as $25 for a six-session lecture series. So far the Sharpes have met the original costs of about $7,000 out of their own pockets. Says Sharpe: "I haven't bought clothes for my daughter for a year." They are applying to foundations and the Federal Government for help...
...McNamara. Because the techniques have often been applied without sufficient judgment and discrimination, they have attracted their fair share of criticism. Yet the use of methods such as program budgeting, cost-benefit analysis and simulation models has continued to spread beyond the Defense Department to other government agencies and nonprofit institutions. As a result, even the critics must acknowledge that key policymakers should be acquainted with these methods if only to appreciate their pitfalls and avoid becoming captive to elaborate staff studies which they cannot adequately comprehend...