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Improvisation Center Of Boston Inc

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

EIN: 043194750 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

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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: $93,069
Professional Fundraising Fees: $0
Other Salaries and Wages: $209,954

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

Who is the CEO of Improvisation Center Of Boston Inc?

Tammi Pirri Day is the Chair (As Of 2/22) of Improvisation Center Of Boston Inc.


Official website here: www.improvboston.com

What is the revenue of Improvisation Center Of Boston Inc?

Improvisation Center Of Boston Inc's revenue in 2022 was $1,486,923.


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 2022 was $27,548. There are 11 employees and 5 volunteers at Improvisation Center Of Boston Inc.


Here are 8 key members and their salaries:


Josh Garneau (Managing Director)
  • Compensation: $57,260
  • Related: $0
  • Other: $4,930
Tammi Pirri Day (Chair (As Of 2/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristie Lasalle (Chair (Unt 2/22)/Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Szafarowicz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Ann Brady (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Buten (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Craver (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Stepansky (Board Member)
  • 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 2022 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.

Revenue
$1,486,923 (2022)
Expenses
$660,178 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7
  • Program Service Revenue: $273,727
  • Gross Receipts: $1,486,923

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

$152,594

TOURING

Revenue

$93,649

PROGRAMMING

Revenue

$27,484

Organization Details

Founding Year

1994

Principal Officer

Tammi Pirri Day

Main Address

620 MASS AVENUE SUITE 6, CAMBRIDGE, MA, 02139

NTEE Category

Code: A65 - Arts

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