Overview
What is Vermont Stage Company?
The Vermont Stage Company, situated in Burlington, Vermont, is a distinguished nonprofit organization renowned for its seasonal live theatrical productions. Annually, they stage around six professional plays, featuring over 90 performances in total, including their holiday show "Winter Tales" and the annual spring production "The Bake Off." The company employs a team of 100-150 theater artists and attracts an audience of over 8,000 individuals each year. Their mission is to foster a sense of unity within the community by presenting plays that highlight shared values, while also providing a nurturing environment for artists to excel. By promoting local theater and drawing in audiences, Vermont Stage Company contributes to the cultural and commercial vitality of their community.
Official website here: www.vermontstage.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
Vermont Stage Company has received a Two-Star rating from Charity Navigator, indicating that there are areas needing improvement, particularly in accountability and financial practices. While the organization demonstrates a strong commitment to governance with 100% independent board members and comprehensive policies such as conflict of interest and whistleblower policies in place, it falls short in financial transparency. The absence of financial statements on their website results in a low score in that area.
The organization does show some strengths, such as a reasonable liabilities to assets ratio at 14.75%, which suggests a sound financial position. Additionally, they maintain a respectable program expense ratio of 60.52%, indicating that a significant portion of their resources is directed towards their programs. However, the lack of accessible financial documents and the overall low scores in financial accountability highlight the need for improvement in these areas.
Overall, while Vermont Stage Company upholds strong governance practices, the lack of financial documentation raises concerns about transparency. Stakeholders may want to encourage the organization to enhance its financial reporting to better communicate its fiscal health and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Vermont Stage Company legitimate?
Vermont Stage Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vermont Stage Company 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: $52,530
Professional Fundraising Fees: $0
Other Salaries and Wages: $45,835
For more financial information, click here
Official website here: www.vermontstage.org
What is the mission statement of Vermont Stage Company?
The mission of Vermont Stage Company is to enhance their community through theatrical productions. They aim to produce plays that highlight our shared experiences, surpassing our differences. Moreover, they provide a nurturing professional environment that inspires artists to deliver their best performances. Additionally, the company works towards boosting the cultural and commercial vitality of their community. Lastly, they foster the development of local audiences, encouraging their love for theatre.
Official website here: www.vermontstage.org
Who is the CEO of Vermont Stage Company?
Cristina Alicea is the Artistic Dir of Vermont Stage Company.
Official website here: www.vermontstage.org
What is the revenue of Vermont Stage Company?
Vermont Stage Company's revenue in 2022 was $538,948.
Official website here: www.vermontstage.org
Who are the executives of Vermont Stage Company and what are their salaries?
The average compensation at Vermont Stage Company during 2022 was $7,567. There are 13 employees and 15 volunteers at Vermont Stage Company.
Here are 15 key members and their salaries:
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Official website here: www.vermontstage.org
Where can I find the form 990 for Vermont Stage Company?
Vermont Stage Company's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vermontstage.org
Learn more at the official website: www.vermontstage.org
Mission Statement of Vermont Stage Company
Vermont Stage Company, a renowned nonprofit organization, is dedicated to enhancing its community through the art of theater. Their mission is twofold: firstly, they produce plays that emphasize the shared experiences and values that unite us, rather than the differences that divide us. This approach aims to foster understanding and unity within the community. Secondly, Vermont Stage Company provides a nurturing professional environment where theater artists can flourish and deliver outstanding performances. By offering such a supportive setting, they inspire these artists to reach their full potential and contribute to the richness of the theatrical experience.
Furthermore, Vermont Stage Company plays a pivotal role in enriching the cultural and commercial vitality of its community. Beyond the stage, they actively encourage the growth of local audiences and their appreciation for theater. By fostering a love for the arts, they contribute to a more vibrant and engaged community. This holistic approach to theater production and community engagement is at the heart of Vermont Stage Company's mission, making it a cherished and integral part of its community.
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Impact
July, 2024
Vermont Stage Company's impact is significant in fostering a vibrant and culturally enriched community in Burlington, VT. Through its professional live theatrical productions, VSC engages over 8,000 audience members annually, showcasing plays that emphasize the commonalities that connect us rather than our differences. By providing a supportive and inspiring environment for theatre artists to excel, VSC not only enhances the artistic landscape but also contributes to the overall cultural and commercial vitality of the community. Additionally, VSC plays a crucial role in nurturing a love for theatre among Vermont audiences, thereby enriching the local arts scene and strengthening the fabric of the community.
This information is meant to be a general summary of Vermont Stage Company. 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 2022.
- Investment Income: $20
- Program Service Revenue: $173,548
- Gross Receipts: $538,948
Assets and Liabilities:
- Total Assets: $294,559
- Total Liabilities: $20,121
- Net Assets: $274,438
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET REVENUE
Revenue
$164,548
EDUCATION PROGRAM FEES
Revenue
$9,000
Organization Details
Founding Year
1994
Phone
(802) 862-1497Principal Officer
Cristina Alicea
Main Address
241 N WINOOSKI AVE, BURLINGTON, VT, 05401
Website
www.vermontstage.orgNTEE Category
Code: A650 - Arts
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