Overview
What is Mile Square Theatre Inc?
Mile Square Theatre Inc, situated in Hoboken, New Jersey, is a dedicated nonprofit organization that focuses on the production and performance of contemporary and classical theatre works. They extend their reach beyond just entertainment, offering theatre arts education to both adults and children. The aim of these programs is to cultivate an appreciation for the performing arts and enrich the local culture in the region. With a team of 28 dedicated individuals, Mile Square Theatre Inc plays a significant role in promoting artistic expression and fostering a vibrant cultural scene.
Official website here: www.milesquaretheare.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Mile Square Theatre Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. With a perfect score in several areas, including 100% independent board members and no material diversion of assets, this organization demonstrates a robust governance structure and responsible management of its resources.
The organization excels in financial transparency, as evidenced by its high program expense ratio of 86.02%. This indicates that a significant portion of its spending is allocated directly to its programs, ensuring that funds are utilized effectively to serve its mission. Furthermore, the presence of policies for conflict of interest, whistleblower protection, and document retention further underscores its dedication to ethical practices.
While the rating is commendable, it is essential for potential donors and supporters to remain engaged and informed about the organization's ongoing initiatives and community impact. However, based on the available data, Mile Square Theatre Inc presents itself as a responsible and trustworthy nonprofit, making it a worthy consideration for contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Mile Square Theatre Inc legitimate?
Mile Square Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mile Square Theatre Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $342,131
For more financial information, click here
Official website here: www.milesquaretheare.org
What is the mission statement of Mile Square Theatre Inc?
Mile Square Theatre Inc's mission is centered around producing contemporary and classical theater works, while also advocating for theater arts education. This organization aims to promote the performing arts and enrich the local culture by offering programs for both adults and children. Through these educational initiatives, Mile Square Theatre Inc strives to deepen the community's appreciation for the performing arts. The organization's productions and educational activities serve as a platform to showcase and nurture talent in the theater arts.
Official website here: www.milesquaretheare.org
Who is the CEO of Mile Square Theatre Inc?
Kevin Free is the President of Mile Square Theatre Inc.
Official website here: www.milesquaretheare.org
What is the revenue of Mile Square Theatre Inc?
Mile Square Theatre Inc's revenue in 2023 was $876,797.
Official website here: www.milesquaretheare.org
Who are the executives of Mile Square Theatre Inc and what are their salaries?
The average compensation at Mile Square Theatre Inc during 2023 was $12,219. There are 28 employees at Mile Square Theatre Inc.
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Official website here: www.milesquaretheare.org
Where can I find the form 990 for Mile Square Theatre Inc?
Mile Square Theatre Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.milesquaretheare.org
Learn more at the official website: www.milesquaretheare.org
Mission Statement of Mile Square Theatre Inc
Mile Square Theatre Inc, a renowned organization, is dedicated to producing contemporary and classical theater works. Their mission extends beyond the stage, as they also provide theater arts dance education to both adults and children. By doing so, they aim to promote the performing arts and enrich the local culture. The theater company's primary goal is to produce compelling and thought-provoking plays, while simultaneously fostering a love for the arts in the community through their educational programs. By engaging both young and old in the world of theater, Mile Square Theatre Inc is working to deepen the cultural landscape of the region.
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Impact
July, 2024
Mile Square Theatre Inc's impact lies in its mission to produce contemporary and classical theater works while advancing theater arts education for both adults and children in Hoboken, NJ. Through their efforts, they aim to promote the performing arts and enrich the region's cultural landscape. By offering high-quality productions and educational programs, Mile Square Theatre Inc contributes to the artistic growth and cultural enrichment of the community. Their commitment to fostering creativity and artistic expression is vital in nurturing a vibrant arts scene and providing opportunities for individuals of all ages to engage with the performing arts.
This information is meant to be a general summary of Mile Square Theatre Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $179
- Program Service Revenue: $602,023
- Gross Receipts: $876,797
Assets and Liabilities:
- Total Assets: $496,794
- Total Liabilities: $8,321
- Net Assets: $488,473
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION REVENUE
Revenue
$389,817
BOX OFFICE
Revenue
$176,735
OTHER PROGRAM INCOME
Revenue
$35,471
Organization Details
Founding Year
2003
Phone
(201) 683-7014Principal Officer
Kevin Free
Main Address
1400 CLINTON STREET, HOBOKEN, NJ, 07030
Website
www.milesquaretheare.orgNTEE Category
Code: A65 - Arts
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