Theater Resources Unlimited Hosts May TRU Panel Tonight

Theater Resources Unlimited (TRU) presents the May panel, New Developments in Raising Money for Theater: Crowdsourcing and the New SEC Rulings, tonight, May 21, 2015 at 7:30pm at The Players Theatre, 115 MacDougal Street, 3rd Floor Loft Theatre, NYC. Doors open at 7pm for networking and refreshments; roundtable introductions of everyone in the room will start at 7:30pm.

Panel will include Ruben Brache, founder of Opening Night Capital, LLC; Crystal Chase, digital account supervisor for AKA; Matthew C. Lefferts, attorney at Franklin, Weinrib, Rudell & Vassallo; and Brian Meece, CEO of RocketHub, a crowdfunding platform that's partnered with A&E Networks.

How do the new Federal Securities & Exchange Commission rulings affect who and how you can ask for money, especially here in the theater community? Though crowdsourcing has been widely used to bring in donations and "gifts" for all manner of projects and causes, the door now seems to be open for commercial investments as well, and not just from accredited investors. What are the limitations on who can invest in your show, and to what extent? Are there other ways of using the power of the Internet and social media to seek out investors? Is this good news, or might there be some unexpected challenges presented by this newly opened door?

Admission is $12 (free for TRU members). You may now pay in advance and save $2 - click here to pay $10 for the panel, which will also count as your reservation. Please RSVP at least a day in advance (or much sooner) for reservations: 212/714-7628; or e-mail Doors open at 7pm for networking and refreshments, roundtable introductions of everyone in the room will start at 7:30pm - come prepared with your best half-minute summary of who you are, and what you need.

Theater Resources Unlimited (TRU) is a twenty-three year old 501c3 nonprofit organization created to help producers produce, emerging theater companies to emerge healthily and all theater professionals to understand and navigate the business of theater. Membership includes self-producing artists as well as career producers and theater companies.

TRU publishes an email community newsletter of services, goods and productions; presents the TRU VOICES Annual New Play Reading Series and Annual New Musicals Reading Series, two new works series in which TRU underwrites developmental readings to nurture new shows as well as new producers for theater; TRU offers a Producer Development & Mentorship Program whose mentors are among the most prominent producers and general managers in New York Theater, and also presents Producer Boot Camp workshops to help aspirants develop the business skills they need. TRU serves writers through a Writer-Producer Speed Date, a Practical Playwriting Workshop and a Director-Writer Communications Lab; programs for actors include the Annual Combined Audition and quarterly Resource Nights and "Speed Dating" as well as free monthly actor workshops.

Programs of Theater Resources Unlimited are supported in part by public funds awarded through the New York State Council on the Arts (NYSCA) and the New York City Department of Cultural Affairs in partnership with the City Council, 9th district Council Member Inez Dickens; The Montage Foundation.

For more information about TRU membership and programs, or call (212) 714-7628.

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