In Chapter 6 of Stage Money, we layout the problem of defining professional not-for-profit theater. The NFP part is easy, since NFPs must have a 501(c)3 certification from the IRS. The word "professional" is trouble. In the NFP theater world, there are troupes that are clearly amateur, where no one--or almost no one--is paid. Then there are theatres, such as the members of the League of Reside…
SOURCE: Stage Money at 10:12AM on March 22, 2010