Disclosed is a rear projection screen that includes a plurality of tapered waveguides and a light absorbing layer disposed over the tops of the waveguides, but that does not completely fill the spaces between the waveguides, thereby forming an interstitial low index region under the light absorbing layer and between the waveguides. The low index interstitial region can include air or a material that has a lower index of refraction than the waveguide material. This rear projection screen construction can give rise to increased efficiency and higher contrast, as well as allow for more design freedom in constructing screens that have desired characteristics such as viewing angle, viewing asymmetry, and the like. Also disclosed are methods for making the described microstructured rear projection screen.