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True Colors Theatre Company

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 030456341 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is True Colors Theatre Company?

True Colors Theatre Company is a nonprofit organization, situated in Atlanta, Georgia, specifically at 887 West Marietta Street J102, with a team of 22 dedicated individuals. The company's primary mission revolves around celebrating the rich tradition of Black storytelling while providing a platform for diverse artists. Their activities encompass staging live performances for the general public, engaging in artistic research and development, and participating in public relations and public education surrounding stage performances. The organization's purpose is to celebrate life by delving into and understanding our differences and commonalities, ultimately promoting unity and diversity through the medium of theatre.


Official website here: www.truecolorstheatre.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% (Three-Star out of Four Star rating)

True Colors Theatre Company has earned a solid Three-Star rating from Charity Navigator, reflecting its overall financial health and operational effectiveness. The organization scores particularly well in Accountability & Finance, with a score of 74%. Its board is composed entirely of independent members, demonstrating a commitment to good governance, though it lacks certain policies such as a whistleblower policy and document retention guidelines.

In terms of strengths, True Colors has an impressive Culture & Community score of 98, indicating strong community engagement and effective feedback mechanisms. The organization actively collects and utilizes feedback, which is reflected in its high scores across various dimensions of community involvement. Additionally, its Leadership & Adaptability score of 100 highlights its commitment to leadership development and responsiveness to changing community needs.

However, the organization does face limitations in governance policies that could enhance its accountability framework. Despite the overall positive ratings, the absence of key policies like whistleblower protections and document retention protocols may raise concerns for some stakeholders regarding risk management and transparency. Overall, True Colors Theatre Company demonstrates significant strengths but has areas where it can improve its governance practices.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about True Colors Theatre Company?

94% of 322 reviewers on Facebook recommend True Colors Theatre Company. Here is a summary of their reviews:

The overwhelming sentiment among reviewers highlights the exceptional quality of the performances and the talent of the cast and directors. Many patrons describe their experiences as "extraordinary" and emphasize the sense of community fostered by the theater. The excitement surrounding opening nights is particularly noted, with attendees expressing eagerness to return for future events.

Overall, the strong endorsement reflects a deep appreciation for the artistic offerings and the relationships built through the theater. Those who have engaged with True Colors Theatre Company clearly feel enriched by their experiences and are enthusiastic about continuing their support in the future.


This AI summary has been generated from reviews found on Facebook.

Is True Colors Theatre Company legitimate?

True Colors Theatre Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. True Colors Theatre 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: $85,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $501,490

For more financial information, click here


Official website here: www.truecolorstheatre.org

What is the mission statement of True Colors Theatre Company?

True Colors Theatre Company's mission is centered around celebrating life by delving into and comprehending our diverse backgrounds and shared experiences. The company's primary objective is to honor the profound tradition of Black storytelling while providing a platform for daring artists of various cultures to express themselves through live performances. They engage in artistic research and development, public relations, and public education related to stage performances. The company's activities strive to foster a deeper understanding and appreciation of different perspectives, thereby promoting unity and inclusivity through the power of storytelling.


Official website here: www.truecolorstheatre.org

Who is the CEO of True Colors Theatre Company?

Eric Schroeder is the President of True Colors Theatre Company.


Official website here: www.truecolorstheatre.org

What is the revenue of True Colors Theatre Company?

True Colors Theatre Company's revenue in 2022 was $1,520,193.


Official website here: www.truecolorstheatre.org

Who are the executives of True Colors Theatre Company and what are their salaries?

The average compensation at True Colors Theatre Company during 2022 was $26,659. There are 22 employees at True Colors Theatre Company.


Here are 13 key members and their salaries:


Jamil Jude (Artistic Dir.)
  • Compensation: $85,000
  • Related: $0
  • Other: $0
Chandra Stephens-Albright (Managing Dir.)
  • Compensation: $85,000
  • Related: $0
  • Other: $0
Kimberly Adams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dexter Conner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiffany Friesen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shanelle Dawson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maranie Brown (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Omari Henderson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Schroeder (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Simmons (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Schleifer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Vigilante (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Nelson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.truecolorstheatre.org

Where can I find the form 990 for True Colors Theatre Company?

True Colors Theatre Company's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.truecolorstheatre.org

Learn more at the official website: www.truecolorstheatre.org

Mission Statement of True Colors Theatre Company

True Colors Theatre Company's mission is centered around celebrating the rich tradition of storytelling, particularly within the African American community. This organization strives to give a platform to bold artists from diverse cultural backgrounds, encouraging the exploration and understanding of our shared experiences and differences. True Colors Theatre Company's purpose is not just about putting on live performances for the general public. It goes beyond that, encompassing artistic research and development, as well as public relations and public education related to stage performances. By doing so, the company aims to foster a sense of unity and appreciation for our commonalities, while also highlighting and celebrating our distinct cultural identities.

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Impact




July, 2024

True Colors Theatre Company's impact is evident in its celebration of the rich tradition of Black storytelling and its commitment to giving voice to bold artists of all cultures. Through its stage performances for the general public, artistic research and development, as well as public relations and education efforts surrounding these performances, True Colors Theatre Company plays a vital role in highlighting diverse voices and experiences in the arts. By exploring and understanding our differences and commonalities, the organization enriches the cultural landscape and promotes inclusivity and empathy. True Colors' mission to celebrate life through storytelling resonates with audiences and artists alike, fostering a sense of community and appreciation for the arts.




This information is meant to be a general summary of True Colors Theatre 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.

Revenue
$1,520,193 (2022)
Expenses
$1,785,908 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $252,905
  • Gross Receipts: $1,520,193

Assets and Liabilities:

  • Total Assets: $1,743,511
  • Total Liabilities: $335,879
  • Net Assets: $1,407,632

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

AWMC NATIONAL FINALS INCO

Revenue

$91,000

CO-PRODUCTION REVENUE

Revenue

$45,188

MISCELLANEOUS PROGRAMS

Revenue

$116,717

Organization Details

Founding Year

2002

Principal Officer

Eric Schroeder

Main Address

887 WEST MARIETTA STREET J102, ATLANTA, GA, 30318

NTEE Category

Code: A60 - Arts

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