Royal National Theatre Verification Pending

EIN 383866410 · State NY · NTEE A65 · Latest filing 2025

The Founder's Trap
The Founder's Trap
The Founder's Trap Market Archetype Mechanical Natural
Tier
Priority Review
Trajectory Thumbprint

The Founder's Trap

What does this mean?

10-year flat revenue, below-market executive comp, and a small board. The organization survives purely on the sweat equity of a founder, making it utterly un-transferable.

The Path Forward

The Dispersal

Forces succession planning and structural maturity. It requires raising capacity-building funds to decouple the organization's survival from the founder's personal sacrifice.

The Dispersal
The Dispersal
Institutional Health Scores
5-yr trend: The Founder's Trap ↓
Overall
39
Score
Governance
58
Score
Financial
10
Score
Program
60
Score
Poster
Remedy Image
- Institutions
- Avg Revenue
- Risk Profile

Representative Institutions

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Institutional Epochs

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Financial Era
Governance Era
Trajectory Era
Founders Trap

Historical Performance

Year Revenue Top Comp Comp % Rev Score Phase Label Outlook Details
2025 Hidden Hidden — — Unknown —
2024 Hidden Hidden — — Unknown —
2023 Hidden Hidden 1.2% 39 Financially Distressed Decline Risk
2022 — — 0.6% 49 Fragile Decline Risk
2021 — — 1.7% 53 Fragile Recovery
2020 — — 0.6% 39 Financially Distressed Decline Risk
2019 — — 0.8% 41 Financially Distressed Decline Risk
2018 — — 0.5% 41 Financially Distressed Decline Risk
2017 — — 0.6% 45 Fragile Stable Watch
2016 — — 0.4% 45 Fragile Stable Watch
2015 — — 0.3% 45 Fragile Stable Watch
2014 — — 0.5% 45 Fragile Recovery
2013 — — — 40 Fragile Recovery
2011 — — 0.6% 39 Financially Distressed Stable Watch
2010 — — 0.6% 39 Financially Distressed Stable Watch
2009 — — 0.8% 39 Financially Distressed Stable Watch

Officer compensation history

Tax year 2026

Name Title Phone Email Compensation
RUFUS NORRIS Executive Director 0.2% of Rev
Kate Varah ne Booth Executive Director 0.2% of Rev
SUSAN ELIZABETH FOSBURY CHIEF OPERATING OFFICER 0.2% of Rev
INDHU RUBASINGHAM Executive Director 0.2% of Rev
KATHRYN MARTEN Board Member 0.2% of Rev
JENNIFER BENNET-SINCLAIR Board Member 0.1% of Rev
Kathryn Bennett Executive Director 0.1% of Rev
PAUL HANDLEY DIR. OF PRODUCTION & TECHNICAL 0.1% of Rev
ALEX BAYLEY Chief Marketing Officer 0.1% of Rev
SIR DAMON BUFFINI Chairman —
SIMON WARSHAW Board Member —
TIMOTHY SCORE Board Member —
DAME VIKKI HEYWOOD DBE Board Member —
LOUISE CHARLTON Board Member —
DAME KAREN PIERCE Board Member —
CATE BLANCHETT Board Member —
JAMES GRAHAM Board Member —
DAME MARIT MOHN Board Member —
SARAH WIGGINS Board Member —
MELANIE RICHARDS CBE Board Member —
Simon Minty Board Member —
Elizabeth Pryce Board Member —
Amanda Pritchard Board Member —

Tax year 2025

Name Title Phone Email Compensation
RUFUS NORRIS Executive Director 0.2% of Rev
KATE VARAH Executive Director 0.2% of Rev
SUSAN ELIZABETH FOSBURY Chief Operating Officer 0.2% of Rev
Kathryn Marten Chief Development Officer 0.1% of Rev
ALEX BAYLEY Chief Marketing Officer 0.1% of Rev
CHRISTINE GETTINS Board Member 0.1% of Rev
KASH BENNETT PRODUCER, NT PRODUCTIONS 0.1% of Rev
Paul Handley Dir. Of Production & Technical 0.1% of Rev
SIR DAMON BUFFINI Chairman —
Sabine Chalmers Board Member —
Louise Charlton Board Member —
Dame Vikki Heywood DBE Board Member —
Simon Minty Board Member —
Vicki Mortimer Board Member —
Dame Karen Pierce Board Member —
Amanda Pritchard Board Member —
Elizabeth Pryce Board Member —
Melanie Richards CBE Board Member —
Tim Score Board Member —
Farrah Storr Board Member —
Simon Warshaw Board Member —

Tax year 2023

Name Title Phone Email Compensation
RUFUS NORRIS Artistic Director 0.2% of Rev
Lisa Burger Executive Director 0.2% of Rev
SUSAN ELIZABETH FOSBURY CHIEF OPERATING OFFICER 0.2% of Rev
Anthony Peers Board Member 0.1% of Rev
Kash Bennett Producer 0.1% of Rev
Alex Bayley DIR. AUDIENCES AND MARKETING 0.1% of Rev
Kathryn Marten Board Member 0.1% of Rev
Chris Murphy Board Member 0.1% of Rev
SIR DAMON BUFFINI Chairman —
Sabine Chalmers Board Member —
Louise Charlton Board Member —
Sir Lenny Henry Board Member —
Vikki Heywood CBE Board Member —
Simon Minty Board Member —
TIM SCORE Board Member —
VIKKI HEYWOOD Board Member —
Elizabeth Offord Board Member —
Dame Karen Pierce Board Member —
Melanie Richards CBE Board Member —
Farrah Storr Board Member —
Simon Warshaw Board Member —

Tax year 2022

Name Title Phone Email Compensation
RUFUS NORRIS Artistic Director 0.2% of Rev
Lisa Burger Board Member 0.2% of Rev
SUSAN ELIZABETH FOSBURY CHIEF OPERATING OFFICER 0.1% of Rev
KASH BENNETT PRODUCER 0.1% of Rev
CHRIS MURPHY Board Member 0.1% of Rev
ALEX BAYLEY DIR. AUDIENCES AND MARKETING 0.1% of Rev
SIMON MINTY Board Member —
VICKI MORTIMER Board Member —
KAREN PIERCE Board Member —
MELANIE RICHARDS Board Member —
SIR DAMON BUFFINI Chairman —
SABINE CHALMERS Board Member —
SIR LENNY HENRY Board Member —
ELIZABETH OFFORD Board Member —
LOUISE CHARLTON Board Member —
SIMON WARSHAW Board Member —
TIM SCORE Board Member —
VIKKI HEYWOOD Board Member —

Tax year 2021

Name Title Phone Email Compensation
RUFUS NORRIS Artistic Director 0.2% of Rev
Lisa Burger Board Member 0.2% of Rev
SUSAN ELIZABETH FOSBUR CHIEF OPERATING OFFICER 0.1% of Rev
COLIN LAWRENCE Board Member 0.1% of Rev
KASH BENNETT PRODUCER 0.1% of Rev
Sarah Fellingham-Adkin Board Member 0.1% of Rev
ALEX BAYLEY DIR. AUDIENCES AND MARKETING 0.1% of Rev
Angela McDermott Treasurer 0.1% of Rev
SIR DAMON BUFFINI Chairman —
SABINE CHALMERS Board Member —
SIR LENNY HENRY Board Member —
ELIZABETH OFFORD Board Member —
ALAN RUSBRIDGER Board Member —
SIMON WARSHAW Board Member —
TIM SCORE Board Member —
VIKKI HEYWOOD Board Member —
LOUISE DURANT Board Member —
VICKI MORTIMER Board Member —
KAREN PIERCE Board Member —
Officer contact details, exact compensation figures, and active litigation are available to verified members.
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Score breakdown

Score breakdown

Financial resilience
10 / 100
weight 40%
Governance risk
58 / 100
weight 40%
Program scale
60 / 100
weight 20%
Overall
39 / 100
Priority Review

The three components combine into a single 0–100 score weighted as shown. Full methodology →

Peer comparison

Compared to 699 other orgs in NY with NTEE prefix A6.

Most-divergent component: program score sits 31 points above the peer median (60 vs. 29).

5-year trend: The Founder's Trap

10-year flat revenue, below-market executive comp, and a small board. The organization survives purely on the sweat equity of a founder, making it utterly un-transferable.

What's driving this score

What would change this score

The two changes that would most improve this score:

  1. Build cash reserves to at least 3 months of operating expenses — moves financial resilience score meaningfully (~10 points).

Improving governance is a board decision. These are the levers.

Mission Rationale

Explain the programmatic or strategic context behind this flag.