What Miami New Drama does

Miami New Drama is a private nonprofit 501(c)(3) professional theater company, founded in 2016 by Michel Hausmann and Moisés Kaufman, that operates as the resident company at the historic 415-seat Colony Theatre at 1040 Lincoln Road in Miami Beach. It self-identifies as America's largest bilingual theater company, producing world-premiere plays and musicals in English and Spanish that reflect Miami's multicultural and multilingual community. Its core product is mainstage theatrical productions, supported by a pipeline that has produced a Broadway transfer (A Wonderful World at Studio 54 in 2024), an MCC Theater transfer (Birthright in 2025), and a Pulitzer Prize finalist (Here There Are Blueberries, 2025). It also runs a substantial arts education operation including free student matinees, educational touring productions, in-school residencies, a 14-week STEAM program, and Summer/Winter/Spring Theater Intensives for ages 7-18 priced between $250 and $1,400.

The company monetizes through four distinct streams: ticket sales (general admission from $40, plus a $5 exchange fee), tax-deductible donations and contributions from individuals and foundations, education program fees with partial/full scholarships funded by The Children's Trust, and facility rentals of the Colony Theatre. Distribution is direct via the Spektrix-powered website and an on-site box office, supplemented by season subscriptions. The customer base spans three diversified segments: Miami-Dade students and educational institutions, a multicultural theater-going public, and external facility renters. Notable institutional partners include the Knight Foundation (multi-year arts challenge and new works awards), the National Endowment for the Arts, Tectonic Theater Project, and Asolo Rep for co-productions.

The organization is led by Artistic Director and Co-Founder Michel Hausmann and Managing Director Nicholas Richberg, with a board chaired by Stacey Mindich. Headcount sits in the 51-100 range. While financial details are not publicly disclosed, the breadth of programming, the New York transfers, and the cumulative 25,000+ students served indicate an operating organization of mid-sized regional theater scale, with continued grant-funded expansion of education programs and original-work development as the primary growth levers.

Name

Miami New Drama

Legal name

Miami New Drama, Inc.

Website

https://miaminewdrama.org

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

Miami New Drama is a nonprofit 501(c)(3) bilingual theater company operating the 415-seat Colony Theatre in Miami Beach, producing world-premiere plays and musicals while running student matinees, residencies, and theater intensives that have cumulatively served 25,000+ Miami-Dade students since 2016.

Ownership category

akta.pro rank

Product category

Performing Arts / Live Theater

NAICS

Theater Companies and Dinner Theaters (71111), Promoters of Performing Arts, Sports, and Similar Events with Facilities (71131)

akta.pro primary industry

Classical & Contemporary Theatre (Plays/Drama) (MPAGABAH)

akta.pro secondary industries

Performing Arts Centers & Presenters (Programming/Booking) (MPAGABAM), Theater & Performing Arts Venue Operations (Playhouses, Opera Houses) (MPAGALAB), Touring Theatre Productions (MPAGABAC)

Keywords

• Professional theater productions
• Bilingual theater performances
• Theater education programs
• Live performing arts
• Facility rental venues

Headquarters

HQ city

Miami Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Ticket Sales: Ticket sales for mainstage productions, limited engagements, and educational programming. Individual tickets and season subscriptions available.
2. Donations and Contributions: Tax-deductible donations from individuals, foundations, and corporate sponsors supporting the nonprofit 501(c)(3) organization.
3. Education Program Fees: Tuition fees for Summer Theater Intensives and other educational programs. Session 1 costs $900, Session 2 costs $1,400, Winter programs cost $250 for 5-day sessions.
4. Facility Rentals: Rental income from the Colony Theatre for external events and presentations.

Pricing tiers

Distribution channels4 records

Marketing channels6 records

Core offering

Miami New Drama produces and presents world-premiere professional theatrical productions in English and Spanish at the historic Colony Theatre on Miami Beach, serving as the resident theater company. In parallel, the organization delivers comprehensive arts education programming including student matinees, touring productions, STEAM classes, in-school residencies, and seasonal theater intensives for ages 7-18. The Colony Theatre venue is also made available for external event rentals.

Product overview

Miami New Drama is a nonprofit professional theater company operating as a single unified organization offering theatrical productions and arts education programs. The company's main offerings include world-premiere plays and musicals at The Colony Theatre (a 415-seat Art Deco venue), comprehensive educational programs (student matinees, touring productions, STEAM classes, in-school residencies, and theater intensives), and facility rentals. Productions span multiple seasons with titles including The Zionists: A Family Storm, Todo Lo Que No Dije, Here There Are Blueberries, English Only, and Asere Social Club. The company serves as resident company at the historic Colony Theatre on Lincoln Road and is America's largest bilingual theater company.

Differentiator

Problem solved

Functional benefit

Products and services

• Mainstage Theater Productions World-premiere plays and musicals presented at the Colony Theatre, with productions in English and Spanish reflecting Miami's diverse multicultural community. Targeted at the theater-going public, season subscribers, and educational matinee audiences.
• Colony Theatre Facility Rentals Rental of the 415-seat historic Colony Theatre at 1040 Lincoln Road, Miami Beach, for corporate events, private functions, performances, and community presentations. Targeted at external organizations, event organizers, and community presenters.
• Educational Touring Productions Classic and contemporary plays adapted for touring delivery to Miami-Dade County public schools, paired with talk-backs and educational materials. Targeted at Miami-Dade County Public Schools, private schools, and community organizations.
• Student Matinees at the Colony Free morning performances at the Colony Theatre for school groups, with talk-backs, transportation, and complimentary tickets. Targeted at Miami-Dade County Public School students from elementary through high school.
• STEAM Classes at Local High Schools 14-week in-school program that teaches how technology assists the artistic design process, integrating STEM and theater. Targeted at local high school students.
• In-School Residencies 4-9 week programs in which teaching artists work with students to create original theatrical pieces within schools. Targeted at K-12 schools and community organizations.
• MiND Summer Theater Intensive Summer intensive programs for ages 7-18 covering performance to design, with full and partial scholarships available through The Children's Trust and Miami New Drama. Session 1 costs $900 and Session 2 costs $1,400. Targeted at parents and guardians enrolling children and teens.
• Winter Theater Intensive 5-day winter program at the Miami Beach Regional Library, priced at $250 per program, with partial and full scholarships available. Targeted at parents and guardians enrolling children and teens ages 7-18.
• Spring Theater Intensive One-week spring program at the Miami Beach Botanical Garden, priced at $450, with bilingual assistance and scholarships available. Targeted at parents and guardians enrolling children and teens ages 7-18.

Quantifiable outcome

• Over 25,000 students have attended productions through Miami New Drama's education program
• +3 more outcomes

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Tectonic Theater ProjectcoreStrategic or Co-development PartnerOngoing co-production partnership with top national organization. Collaborated on Las Aventuras de Juan Planchard, The Album, and other productions. Co-founded by Moises Kaufman, who co-founded Miami New Drama.
• Asolo RepcoreStrategic or Co-development PartnerCo-production partnership with top national organization including The Elaborate Entrance of Chad Deity.
• Rubell MuseumminorStrategic or Co-development PartnerCollaboration on The Museum Plays, an immersive theatrical experience set in the museum space.
• Miami BeachminorGTM or Marketing PartnerCommunity partner supporting Miami New Drama's operations at the Colony Theatre.
• Miami Dade CountyminorGTM or Marketing PartnerCommunity partner providing support for arts programming.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• MCC Theater: Off-Broadway theater company in New York and named co-producing partner for Miami New Drama's Birthright. Comparable as a developer and producer of new plays, with a larger national footprint and brand.

Direct peers

• Zoetic Stage: Miami-based nonprofit theater company at the Adrienne Arsht Center; previously led by Nicholas Richberg (now Miami New Drama's Managing Director). Directly comparable in mission, scale, and South Florida audience base.
• GableStage: Professional nonprofit theater company based in Coral Gables / Miami area, producing a mainstage season at a comparable single venue. Directly comparable as a South Florida regional theater competitor for audiences, donors, and freelance talent.
• Tectonic Theater Project: New York-based theater company co-founded and led by Moisés Kaufman, Miami New Drama's co-founder. Long-standing co-production partner on multiple works. Directly comparable as a creator of new theatrical work and an incubator of new plays.
• Actors' Playhouse at the Miracle Theatre: Professional nonprofit theater company operating the Miracle Theatre in Coral Gables, producing musicals and plays. Comparable as a regional South Florida theater with a resident venue and similar education programming.
• Florida Studio Theatre: Large LORT regional theater in Sarasota, FL, with multiple stages and robust education programming. Comparable in operating scale, Florida geography, and mainstage-plus-education model.
• Maltz Jupiter Theatre: Professional nonprofit regional theater in Jupiter, FL with a single larger venue and an education program. Comparable in being a Florida-based producing theater with educational outreach.
• Palm Beach Dramaworks: Professional nonprofit theater in West Palm Beach producing a mainstage season in a single venue. Comparable as a Florida regional theater focused on play development and classical/contemporary work.
• Asolo Rep: LORT-level regional theater in Sarasota, FL, and a named co-production partner with Miami New Drama (e.g., The Elaborate Entrance of Chad Deity). Comparable in producing new plays and operating a multi-stage season.

Others

• Adrienne Arsht Center for the Performing Arts: Major performing arts venue in downtown Miami that hosts Zoetic Stage and presents touring productions. Adjacent/ecosystem — overlapping audience and donor pool, but operates as a presenting venue rather than a producing theater.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/colonytheatremb
• YouTubeyoutube.com/channel/UCEulfmZ49kBmsUnDlHD8n7A
• Facebookfacebook.com/miaminewdrama
• Instagraminstagram.com/miaminewdrama
• LinkedInlinkedin.com/company/miami-new-drama

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Miami New Drama