Overview
What is Fairfield Theatre Company Inc?
Fairfield Theatre Company Inc, located at 70 Sanford Street, Fairfield, CT 06824, is a vibrant nonprofit organization committed to enriching the community. Their primary activity revolves around ticket sales for various art, music, theatre productions, and direct talent payments for performers. The company's mission is to connect and enhance the community's quality of life by offering opportunities to engage in public spaces, enjoying art, music, theatre, film, and art education. They firmly believe that these experiences significantly contribute to a rich and fulfilling lifestyle. With a dedicated workforce of 49 individuals, Fairfield Theatre Company Inc serves as a hub for artistic exploration and community interaction.
Official website here: www.fairfieldtheatre.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars) from Charity Navigator
Fairfield Theatre Company Inc has received a high rating of 96%, indicating strong accountability and financial practices. This score reflects an excellent commitment to transparency and responsible management, as calculated entirely from its Accountability & Finance metrics. The organization boasts 100% independent board members and an effective audit and oversight committee, which are critical components in maintaining trust with donors and stakeholders.
The organization excels in managing its resources efficiently, with a program expense ratio of 80.77%. This demonstrates that the majority of its expenses are directed towards its programs rather than administrative costs, which is a positive indicator of its operational focus. Additionally, the lack of any material diversion of assets further strengthens its credibility and reinforces its dedication to fulfilling its mission.
No significant limitations were noted in the data provided, suggesting that Fairfield Theatre Company Inc is operating effectively within its financial strategies and governance structures. Overall, the nonprofit is positioned as a reliable and responsible organization in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Fairfield Theatre Company Inc legitimate?
Fairfield Theatre Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fairfield Theatre Company 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: $516,679
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,075,506
For more financial information, click here
Official website here: www.fairfieldtheatre.org
What is the mission statement of Fairfield Theatre Company Inc?
The Fairfield Theatre Company Inc, abbreviated as FTC, is committed to enriching the community by harnessing the transformative power of arts. They firmly believe that the quality of life significantly improves when individuals have the chance to engage in public spaces, enjoying art, music, theater, film, and art education. The company's mission is to foster connections within the community through these artistic experiences, thereby contributing to a more enriched collective existence.
Official website here: www.fairfieldtheatre.org
What is the revenue of Fairfield Theatre Company Inc?
Fairfield Theatre Company Inc's revenue in 2024 was $2,833,133.
Official website here: www.fairfieldtheatre.org
Who are the executives of Fairfield Theatre Company Inc and what are their salaries?
The average compensation at Fairfield Theatre Company Inc during 2024 was $26,536. There are 60 employees at Fairfield Theatre Company Inc.
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Official website here: www.fairfieldtheatre.org
Where can I find the form 990 for Fairfield Theatre Company Inc?
Fairfield Theatre Company Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.fairfieldtheatre.org
Learn more at the official website: www.fairfieldtheatre.org
Mission Statement of Fairfield Theatre Company Inc
Fairfield Theatre Company (FTC) is committed to connecting and enriching the community through the transformative power of the arts. The organization believes that the quality of life is significantly influenced by opportunities to engage with art, music, theatre, film, and art education in public spaces. By providing such opportunities, FTC aims to bring people together and foster a sense of community. The company's mission is rooted in the belief that the arts have the power to uplift, inspire, and bring people closer together, thereby enriching their lives.
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Impact
July, 2024
Fairfield Theatre Company Inc's impact is centered around connecting and enriching the community through the transforming power of the arts. Through their activities such as art, music, theatre productions, and art education, Fairfield Theatre Company provides opportunities for the community to come together in public spaces and enjoy various forms of artistic expression. By hosting events, supporting artists through direct talent payments, and engaging the community in cultural experiences, Fairfield Theatre Company contributes to enhancing the quality of life in Fairfield, CT, and beyond.
This information is meant to be a general summary of Fairfield Theatre Company 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.
- Program Service Revenue: $2,187,266
- Gross Receipts: $2,927,930
Assets and Liabilities:
- Total Assets: $4,903,418
- Total Liabilities: $1,734,504
- Net Assets: $3,168,914
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRODUCTION & EVENTS
Revenue
$1,566,741
THEATRE RENTAL
Revenue
$440,718
SUMMER WORKSHOPS
Revenue
$126,500
Organization Details
Founding Year
2000
Principal Officer
John Reid
Website
www.fairfieldtheatre.orgNTEE Category
Code: A65 - Arts
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