Taylor and Jarvis launched their Kickstarter campaign Sept. 16, and within a month's time, obtained $61,286 — approximately $12,000 over their original goal.

"Mitch and I are speechless," Taylor told Playbill.com. "We are overjoyed and beyond grateful that our fans and friends supported us in such a generous way. Our hearts are full, and it's with great excitement that we will now go forward with a second season."

Taylor said the second season will begin shooting in NYC Dec. 1 and in Los Angeles Jan. 1, 2014. Episodes will be released in spring 2014.

"It Could Be Worse" follows Jacob Gordon (Taylor) as he navigates the world of Broadway, boyfriends and bad luck. Spring Awakening actor Gideon Glick plays his needy boyfriend Phillip Klein; Peter and the Starcatcher's Adam Chanler-Berat plays Ben Farrel, Jacob's new boy-toy; and two-time Tony Award nominee Alison Fraser plays Veronica Bailey, the female lead of the series who is the star  of the fictional new Broadway musical The Ice Queen.

Jarvis is usually behind the camera unless he is playing Sam Atkinson, Jacob's drugged-out agent. Guest stars in "It Could Be Worse" include Audra McDonald, Kyle Dean Massey, Laura Benanti, Ephraim Sykes, Nick Adams, Lauren Molina, Alice Lee, Matt DeAngelis, Andrew Durand, Meghann Fahy, Ann Harada, Taylor Trensch, Savannah Wise, Jay Armstrong Johnson, Alexandra Socha, Justin Sargent, Christopher Sieber, Mo Brady, Jessica Lea Patty, Robert Creighton, Alex Wyse, Andy Mientus, Michael Arden, Jeremy Jordan, Ashley Spencer, Nick Cearley, Krysta Rodriguez, Jeremy Woodard, Lilli Cooper, Remy Zaken, Max Crum, Michael Urie, Will Chase, Debra Messing, Julia Murney, Santino Fontana, Max von Essen, Betsy Wolfe and Roger Rees, among many others.

Read more about the series in the three-part Playbill.com column "Broadway on the Web."

Visit ItCouldBeWorse.tv.