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The 24 Hour Company

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

EIN: 043587685 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is The 24 Hour Company?

The 24 Hour Company is a nonprofit organization based in Brooklyn, New York, with a team of five dedicated individuals. Their primary mission is to foster creative communities by organizing time-limited theatre productions, such as The 24 Hour Plays, The 24 Hour Plays: Nationals, and The 24 Plays: Viral Monologues. They also support licensing of time-limited theatre to schools and organizations worldwide. This unique approach allows them to produce plays and musicals that are written, rehearsed, and performed within a 24-hour timeframe, showcasing the collective creativity and adaptability of their collaborators.


Official website here: www.24hourplays.com

Is The 24 Hour Company legitimate?

The 24 Hour Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. The 24 Hour 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: $51,733
Professional Fundraising Fees: $0
Other Salaries and Wages: $70,952

For more financial information, click here


Official website here: www.24hourplays.com

What is the mission statement of The 24 Hour Company?

The 24 Hour Company's mission is centered around uniting creative communities, aiming to produce plays and musicals in a 24-hour timeframe. This organization brings together artists for a swift yet intensive creative process, resulting in the staging of these productions. They are also involved in licensing time-limited theatre productions globally, including the 24 Hour Plays, the 24 Hour Plays: Nationals, and the 24 Plays: Viral Monologues. Their activities extend to supporting schools and organizations worldwide, encouraging the practice of time-limited theatre.


Official website here: www.24hourplays.com

Who is the CEO of The 24 Hour Company?

Mark Armstrong is the Artistic Dir of The 24 Hour Company.


Official website here: www.24hourplays.com

What is the revenue of The 24 Hour Company?

The 24 Hour Company's revenue in 2022 was $383,946.


Official website here: www.24hourplays.com

Who are the executives of The 24 Hour Company and what are their salaries?

The average compensation at The 24 Hour Company during 2022 was $24,537. There are 5 employees and 17 volunteers at The 24 Hour Company.


Here are 12 key members and their salaries:


Mark Armstrong (Artistic Dir)
  • Compensation: $51,733
  • Related: $0
  • Other: $2,287
Christina Fallon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsay Bowen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shari Soofian (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerome Gentes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Lamm (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Wishnie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Schloss (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsey Cashman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emmanuel Wilson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Mercer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Holtham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.24hourplays.com

Where can I find the form 990 for The 24 Hour Company?

The 24 Hour Company's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.24hourplays.com

Learn more at the official website: www.24hourplays.com

Mission Statement of The 24 Hour Company

The 24 Hour Company, as an organization, is dedicated to uniting creative communities for the purpose of crafting plays and musicals. This process involves the writing, rehearsing, and performing of these pieces within a 24-hour timeframe. The primary objective of The 24 Hour Company is to foster a collaborative environment where artists can push their boundaries and produce time-limited theatre productions, such as the 24 Hour Plays, the 24 Hour Plays: Nationals, and the 24 Plays: Viral Monologues. Furthermore, The 24 Hour Company supports the licensing of time-limited theatre to schools and organizations worldwide. This mission promotes innovation, creativity, and collaboration within the theatre community, providing a unique platform for artists to showcase their work in a condensed yet impactful manner.

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Impact




October, 2024

The 24 Hour Company significantly impacts the creative community by fostering collaboration and innovation in theatrical arts. By organizing events where plays and musicals are written, rehearsed, and performed within a mere 24-hour timeframe, it challenges artists to think on their feet, adapt quickly, and push creative boundaries. This unique format not only cultivates a spirit of urgency and spontaneity but also nurtures new talents and ideas in an inclusive environment.

In addition to producing live events like The 24 Hour Plays and The 24 Hour Plays: Nationals, the company supports the licensing of time-limited theatre productions to schools and organizations globally, further broadening its reach and influence in the arts education sector. This commitment to accessibility ensures that the transformative power of theatre is available to diverse communities, inspiring future generations of artists and audiences alike.

Through its dynamic approach to storytelling, The 24 Hour Company contributes to a vibrant cultural landscape, reinforcing the importance of collaboration among creative minds while highlighting the joy and immediacy of live performance.




This information is meant to be a general summary of The 24 Hour 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
$383,946 (2022)
Expenses
$397,436 (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: $78,189
  • Gross Receipts: $383,946

Assets and Liabilities:

  • Total Assets: $112,535
  • Total Liabilities: $77,464
  • Net Assets: $35,071

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Programs

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

LICENSES AND CONSULTING

Revenue

$18,481

PERFORMANCE REVENUE

Revenue

$52,508

RENTAL INCOME

Revenue

$7,200

Organization Details

Founding Year

2010

Principal Officer

Mark Armstrong

Main Address

177 DWIGHT STREET 3F, BROOKLYN, NY, 11231

NTEE Category

Code: A65 - Arts

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