Overview
What is Wang Theatre Inc?
Wang Theatre Inc, a Boston-based nonprofit organization located at 270 Tremont Street, MA 02116, focuses on presenting a diverse range of performing arts to the general public while preserving the historic Wang Theatre. With a team of 305 dedicated employees, Wang Theatre Inc's mission is to bring arts programming to the community and safeguard this cultural landmark.
Official website here: www.bochcenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Wang Theatre Inc has received a solid Three-Star rating from Charity Navigator, with an overall score of 81%. This rating is primarily based on the organization's strong performance in Accountability & Finance, demonstrating a commitment to transparency and responsible financial management. The charity has effectively established a governance structure with a majority of independent board members, ensuring a level of oversight that is beneficial for its operational integrity.
The organization scored exceptionally well in various key areas, including a perfect score in its audit and oversight committee, and no material diversion of assets reported. Additionally, it has robust policies in place, such as for conflict of interest and whistleblower protections, which further enhance its accountability. The high program expense ratio indicates that a significant portion of its expenditures directly supports its mission-related activities.
While the overall rating is commendable, it is important to note that this score is derived solely from the Accountability & Finance beacon. Prospective donors and supporters might want to look into other aspects of the organization, such as its program effectiveness and community impact, to gain a more comprehensive understanding of its overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Wang Theatre Inc legitimate?
Wang Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wang 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: $539,588
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,884,052
For more financial information, click here
Official website here: www.bochcenter.org
What is the mission statement of Wang Theatre Inc?
Wang Theatre Inc is dedicated to bringing arts programming to the public. Their mission encompasses both entertaining and educating the general audience through various performing arts presentations. The organization places significant importance on preserving the arts, ensuring that future generations can continue to experience and appreciate these cultural expressions. Wang Theatre Inc's commitment extends beyond merely presenting performances; they strive to make the arts accessible to all members of the community. Through their efforts, they contribute to fostering a rich and diverse cultural landscape.
Official website here: www.bochcenter.org
Who is the CEO of Wang Theatre Inc?
Josiah A Spaulding Jr is the Trustee/President & Ceo of Wang Theatre Inc. The CEO's salary of Wang Theatre Inc is $0 and their total compensation is $620,889.
Official website here: www.bochcenter.org
What is the revenue of Wang Theatre Inc?
Wang Theatre Inc's revenue in 2022 was $31,405,491.
Official website here: www.bochcenter.org
Who are the executives of Wang Theatre Inc and what are their salaries?
The average compensation at Wang Theatre Inc during 2022 was $11,225. There are 305 employees and 6 volunteers at Wang Theatre Inc.
Here are 16 key members and their salaries (Wang Theatre Inc's CEO's salary is $0 and their total compensation is $620,889):
- Compensation: $0
- Related: $547,197
- Other: $73,692
- 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: $227,045
- Other: $29,891
- Compensation: $0
- Related: $237,548
- Other: $42,786
- Compensation: $0
- Related: $212,478
- Other: $19,610
- Compensation: $0
- Related: $219,411
- Other: $8,837
- Compensation: $0
- Related: $129,166
- Other: $44,714
- Compensation: $0
- Related: $154,616
- Other: $7,869
- Compensation: $0
- Related: $120,620
- Other: $16,243
- Compensation: $0
- Related: $127,502
- Other: $35,641
- Compensation: $0
- Related: $116,680
- Other: $16,993
Official website here: www.bochcenter.org
Where can I find the form 990 for Wang Theatre Inc?
Wang Theatre Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bochcenter.org
Learn more at the official website: www.bochcenter.org
Mission Statement of Wang Theatre Inc
Wang Theatre Inc is a esteemed organization dedicated to presenting a diverse range of performing arts to the general public. With a mission to provide arts programming for all, this nonprofit is committed to preserving the Wang Theatre.
The Wang Theatre Inc's primary focus is on bringing various forms of the performing arts to a wide audience. By doing so, they contribute to enriching the cultural landscape and engaging the community in thought-provoking and entertaining experiences.
This nonprofit organization's efforts extend beyond mere presentation. Wang Theatre Inc is also deeply invested in the preservation of the Wang Theatre itself. By upholding the historic venue, they ensure that future generations can continue to enjoy the enriching and transformative power of the performing arts.
Wang Theatre Inc's unwavering commitment to the arts and the community is a testament to its enduring significance. Through their tireless work, they continue to inspire, educate, and entertain audiences, providing them with unforgettable experiences that leave a lasting impact.
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Impact
October, 2024
Wang Theatre Inc has a significant impact on the cultural landscape of Boston by providing diverse arts programming and preserving the historic Wang Theatre. It serves as a vibrant hub for various forms of performing arts, enriching the community’s cultural experience and accessibility to the arts. Through its presentations, the organization fosters creativity, promotes artists, and enhances the overall appreciation of performing arts among the general public. By preserving the Wang Theatre, it not only maintains a historical landmark but also ensures that future generations can enjoy high-quality performances in an iconic setting, contributing to the cultural heritage of the city.
This information is meant to be a general summary of Wang 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 2022.
- Investment Income: -$15,894
- Program Service Revenue: $21,029,586
- Gross Receipts: $31,421,947
Assets and Liabilities:
- Total Assets: $18,276,113
- Total Liabilities: $16,383,952
- Net Assets: $1,892,161
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOX OFFICE RECEIPTS
Revenue
$12,367,065
THEATRE OPERATIONS
Revenue
$6,451,765
THEATRE RENTAL/FUNCTIONS
Revenue
$776,000
SURCHARGE INCOME
Revenue
$635,092
CONCESSIONS INCOME
Revenue
$572,774
Organization Details
Founding Year
1996
Phone
(617) 482-9393Principal Officer
Josiah A Spaulding Jr
Main Address
270 TREMONT STREET, BOSTON, MA, 02116
Website
www.bochcenter.orgNTEE Category
Code: A610 - Arts
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