Overview
What is Improvisation Center Of Boston Inc?
Improvisation Center of Boston Inc, located in Cambridge, Massachusetts, is a renowned nonprofit organization with a mission to promote comedy in all its forms. Despite losing its primary space in Central Square, Cambridge, it continues to offer shows and workshops through various residencies in Somerville, Massachusetts, Manchester, New Hampshire, and through its touring company. To ensure accessibility, it charges low ticket prices for performances and classes and offers a sliding scale for nonprofits through its touring company. As New England's leading theatre and school dedicated to comedy, Improvisation Center of Boston Inc provides weekly improv, sketch, and stand-up comedy performances, an acclaimed comedy school, and numerous educational and development opportunities for different age groups. With a dedicated workforce of 11 individuals, the center serves the communities of Cambridge, Boston, and New England through laughter.
Official website here: www.improvboston.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 83% (Three-Star out of Four Stars)
The Improvisation Center of Boston Inc has earned a Three-Star rating from Charity Navigator, primarily based on its accountability and finance metrics. With a score of 83%, the organization demonstrates strong governance with a fully independent board and no reported material diversion of assets. The charity also excels in maintaining a high program expense ratio, indicating that a significant portion of its funds is directed towards its programs.
However, there are notable weaknesses regarding the organization's policies; specifically, it lacks a whistleblower policy and a document retention and destruction policy, which could present risks in governance and transparency. These missing policies resulted in lower scores in those areas, impacting the overall accountability assessment.
Despite these limitations, the high ratings in independent governance and financial ratios suggest that the Improvisation Center of Boston Inc is managing its resources effectively while maintaining a commitment to its mission. Overall, while the charity shows commendable strengths, addressing the gaps in its policies could enhance its rating further and ensure robust operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Improvisation Center Of Boston Inc legitimate?
Improvisation Center Of Boston Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Improvisation Center Of Boston 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: $79,927
Professional Fundraising Fees: $0
Other Salaries and Wages: $277,365
For more financial information, click here
Official website here: www.improvboston.com
What is the mission statement of Improvisation Center Of Boston Inc?
The Improvisation Center of Boston Inc, often referred to as ImprovBoston, is recognized as New England's leading institution dedicated to comedy and its various forms. They achieve this through weekly improv, sketch, and stand-up comedy performances. Moreover, ImprovBoston operates an acclaimed comedy school that nurtures talent. Additionally, the center offers numerous outreach, educational, and developmental opportunities for individuals of all ages. As a result, ImprovBoston continues to serve communities in Cambridge, Boston, and beyond, contributing to laughter and camaraderie.
Official website here: www.improvboston.com
What is the revenue of Improvisation Center Of Boston Inc?
Improvisation Center Of Boston Inc's revenue in 2024 was $240,301.
Official website here: www.improvboston.com
Who are the executives of Improvisation Center Of Boston Inc and what are their salaries?
The average compensation at Improvisation Center Of Boston Inc during 2024 was $9,402. There are 38 employees and 15 volunteers at Improvisation Center Of Boston Inc.
Here are 9 key members and their salaries:
- Compensation: $80,069
- Related: $0
- Other: $9,220
- Compensation: $1,260
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.improvboston.com
Where can I find the form 990 for Improvisation Center Of Boston Inc?
Improvisation Center Of Boston Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.improvboston.com
Learn more at the official website: www.improvboston.com
Mission Statement of Improvisation Center Of Boston Inc
The Improvisation Center of Boston Inc, renowned as New England's leading theatre and school, is dedicated to the art of comedy in all its forms. Their mission is to serve the communities of Cambridge, Boston, and New England through laughter, achieved through weekly improv, sketch, and stand-up comedy performances. Beyond entertainment, the center also operates an acclaimed comedy school, providing extensive educational opportunities for individuals of all ages. Furthermore, Improvisation Center of Boston Inc offers numerous outreach, development, and educational programs, thereby extending its reach to various communities in New England.
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Impact
July, 2024
Improvisation Center Of Boston Inc's impact can be seen in its role as New England's leading theatre and school dedicated to the art of comedy and all its forms. Through its weekly improv, sketch, and stand-up comedy performances, as well as its acclaimed comedy school, Improvisation Center Of Boston Inc serves the communities of Cambridge, Boston, and New England by bringing laughter and entertainment to audiences of all backgrounds. In addition to its shows and classes, Improvisation Center Of Boston Inc offers outreach, educational, and development opportunities for all ages, further enriching the cultural landscape of the region. Through its commitment to accessibility, with low ticket prices and a sliding scale for performances through its touring company, Improvisation Center Of Boston Inc ensures that comedy remains accessible to all.
This information is meant to be a general summary of Improvisation Center Of Boston 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 2024.
- Investment Income: $587
- Program Service Revenue: $237,422
- Gross Receipts: $240,301
Assets and Liabilities:
- Total Assets: $852,210
- Total Liabilities: $67,395
- Net Assets: $784,815
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION
Revenue
$130,139
TOURING
Revenue
$67,721
YOUTH PROGRAMMING
Revenue
$22,400
PROGRAMMING
Revenue
$11,072
OTHER SERVICES
Revenue
$6,090
Organization Details
Founding Year
1994
Principal Officer
Josh Garneau
Website
www.improvboston.comNTEE Category
Code: A65 - Arts
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