Overview
What is Providence Performing Arts Center?
The Providence Performing Arts Center is a historic venue located at 220 Weybosset Street, Providence, Rhode Island 02903. With a team of 428 employees, this nonprofit organization is dedicated to preserving the building's heritage and beauty while catering to the entertainment needs of the state's diverse populations by presenting a vast array of high-performing arts and cultural events. To ensure financial responsibility, they maintain rigorous fiscal management, offering engaging creative performances and educational opportunities to the community.
Official website here: www.ppacri.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Stars
Providence Performing Arts Center has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance, with a perfect score in several key areas. The organization is recognized for its accountability, featuring an entirely independent board of members and comprehensive financial oversight practices, which indicates a high level of transparency and governance.
The organization maintains a strong program expense ratio of 79.31%, demonstrating a commitment to allocating the majority of its resources towards its core mission. Its effective management of liabilities, with a low liabilities to assets ratio of 12.49%, further emphasizes its fiscal health and sustainability. Additionally, the presence of various policies, including conflict of interest and whistleblower protections, reinforces its operational integrity.
While the data highlights numerous strengths, no specific limitations or areas for improvement were noted in the feedback. Overall, Providence Performing Arts Center stands out as a well-managed nonprofit, dedicated to its mission while maintaining high standards of financial accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Providence Performing Arts Center legitimate?
Providence Performing Arts Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Providence Performing Arts Center 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: $666,606
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,061,235
For more financial information, click here
Official website here: www.ppacri.org
What is the mission statement of Providence Performing Arts Center?
The Providence Performing Arts Center is dedicated to preserving the historic beauty of the building while catering to the entertainment needs of the diverse populations in the state. This is accomplished by presenting a vast array of high-quality arts and cultural events. Fiscal responsibility is also prioritized to ensure the sustainability of the center. The organization aims to connect the community to engaging creative performances and educational opportunities. By preserving the architectural charm and offering diverse arts programming, the Providence Performing Arts Center enriches the cultural landscape and provides valuable experiences for its audience.
Official website here: www.ppacri.org
Who is the CEO of Providence Performing Arts Center?
Judy Ferreira is the Chairman of Providence Performing Arts Center.
Official website here: www.ppacri.org
What is the revenue of Providence Performing Arts Center?
Providence Performing Arts Center's revenue in 2022 was $33,498,809.
Official website here: www.ppacri.org
Who are the executives of Providence Performing Arts Center and what are their salaries?
The average compensation at Providence Performing Arts Center during 2022 was $15,719. There are 428 employees and 187 volunteers at Providence Performing Arts Center.
Here are 44 key members and their salaries:
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- Compensation: $267,553
- Related: $678,250
- Other: $49,709
- Compensation: $116,419
- Related: $139,815
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- Other: $20,567
- Compensation: $109,446
- Related: $158,781
- Other: $23,616
Official website here: www.ppacri.org
Where can I find the form 990 for Providence Performing Arts Center?
Providence Performing Arts Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ppacri.org
Learn more at the official website: www.ppacri.org
Mission Statement of Providence Performing Arts Center
Providence Performing Arts Center, a renowned cultural institution, is dedicated to preserving the historic beauty and integrity of the building while catering to the entertainment needs of the state's diverse populations. By presenting the widest possible variety of high-quality arts and cultural events, the Center bridges the gap between various communities and fosters an appreciation for the performing arts. In pursuit of maintaining fiscal responsibility, Providence Performing Arts Center ensures that each production represents a worthwhile investment for its audience.
Moreover, the Center actively connects the community to engaging creative performances and educational opportunities. Through its commitment to serving the entertainment needs of the state's diverse populations, Providence Performing Arts Center transforms into a vibrant hub of artistic expression and cultural enrichment. By weaving together the rich tapestry of artistic styles and backgrounds, the Center fosters a sense of unity and shared experiences among its guests. This dedication to preserving the past and embracing the present positions Providence Performing Arts Center as an essential pillar of artistic and cultural growth within its community.
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Impact
October, 2024
The Providence Performing Arts Center plays a crucial role in enriching the cultural landscape of Rhode Island. By preserving the historic integrity and beauty of its building, it stands as a testament to both architectural heritage and community pride. The Center meets the diverse entertainment needs of the state's populations by presenting an extensive range of high-quality performing arts and cultural events, ensuring that there is something for everyone.
Through its programming, the Center not only offers a platform for professional artists but also fosters a sense of community by connecting residents to engaging creative performances. Additionally, it provides educational opportunities that enhance appreciation for the arts, encouraging participation and inspiring future generations of artists and audiences alike. Overall, the Providence Performing Arts Center is a vital cultural hub that enhances the social fabric of the region while promoting cultural engagement and fiscal responsibility.
This information is meant to be a general summary of Providence Performing Arts Center. 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: -$384,406
- Program Service Revenue: $21,436,236
- Gross Receipts: $49,469,744
Assets and Liabilities:
- Total Assets: $61,822,286
- Total Liabilities: $8,779,344
- Net Assets: $53,042,942
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SHOWS AND THEA
Revenue
$21,211,236
MANAGEMENT FEES
Revenue
$225,000
Organization Details
Founding Year
1978
Phone
(401) 421-2997Principal Officer
Judy Ferreira
Main Address
220 WEYBOSSET STREET, PROVIDENCE, RI, 02903
Website
www.ppacri.orgNTEE Category
Code: A610 - Arts
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