Overview
What is State Street Theatre Co?
State Street Theatre Co is a nonprofit organization situated in New Ulm, Minnesota. With a strong commitment to the community, the theater company aims to nurture the joy and artistic expression of theater for individuals of various ages and backgrounds. This is achieved through educational programs and productions. The organization is also responsible for preserving and interpreting its historic site and murals, ensuring the appreciation and benefit of local residents and patrons. Furthermore, the theater company generously provides its spaces to other community members for their use. With a team of six dedicated employees, State Street Theatre Co plays a significant role in enriching the cultural landscape of New Ulm.
Official website here: www.statestreetnewulm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)
State Street Theatre Co has received a three-star rating from Charity Navigator, indicating a solid level of accountability and finance management. The score reflects the organization’s commitment to financial health, as evidenced by a high Program Expense Ratio of 89.14%, meaning a significant majority of its expenses directly support its programs. The organization also boasts a fully independent board, which is a positive factor in governance.
While the organization demonstrates strong points in areas such as board independence and a low liabilities to assets ratio, it has some areas for improvement. Notably, State Street Theatre Co lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are typically important for enhancing transparency and accountability. These missing policies contributed to lower scores in the relevant sections of the accountability criteria.
Overall, State Street Theatre Co shows promise in its financial practices and governance but should consider addressing its policy gaps to improve its overall rating and strengthen its operational integrity.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about State Street Theatre Co?
100% of reviewers on Facebook recommend State Street Theatre Co. Their comments reflect a high level of satisfaction with the performances and events hosted by the organization.
One reviewer specifically praised the recent US Army Jazz Ambassadors concert as superb, indicating that the quality of entertainment meets or exceeds expectations. This kind of positive comment suggests that attendees feel they have a valuable and enjoyable experience at the theatre.
Overall, the sentiments expressed are overwhelmingly favorable, pointing to a strong community support for State Street Theatre Co and its commitment to delivering excellent performances.
This AI summary has been generated from reviews found on Facebook.
Is State Street Theatre Co legitimate?
State Street Theatre Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. State Street Theatre Co 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,386
For more financial information, click here
Official website here: www.statestreetnewulm.org
What is the mission statement of State Street Theatre Co?
The State Street Theatre Company's mission is centered around promoting the joy and art of theater for individuals of all ages and backgrounds. This is achieved through educational programs and the production of plays. The company also has a responsibility to preserve and interpret its historic site and murals, acting as a steward for the same community it serves. Furthermore, State Street Theatre Co. offers its spaces to other community members for their use.
Official website here: www.statestreetnewulm.org
Who is the CEO of State Street Theatre Co?
Mary Ellen Domeier is the Board Member of State Street Theatre Co.
Official website here: www.statestreetnewulm.org
What is the revenue of State Street Theatre Co?
State Street Theatre Co's revenue in 2023 was $468,711.
Official website here: www.statestreetnewulm.org
Who are the executives of State Street Theatre Co and what are their salaries?
The average compensation at State Street Theatre Co during 2023 was $6,064. There are 6 employees and 200 volunteers at State Street Theatre Co.
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Official website here: www.statestreetnewulm.org
Where can I find the form 990 for State Street Theatre Co?
State Street Theatre Co's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.statestreetnewulm.org
Learn more at the official website: www.statestreetnewulm.org
Mission Statement of State Street Theatre Co
State Street Theatre Co, a nonprofit organization, is committed to cultivating joy and artistic expression in theater for individuals of all ages and backgrounds residing in and around New Ulm, Minnesota. The organization achieves this goal through its educational programs and productions. In addition to nurturing the love for theater, State Street Theatre Co also takes on the responsibility of preserving and interpreting its historic site and murals, doing so with the best interests of its local residents and patrons in mind. Furthermore, the nonprofit generously provides its facilities to other community members, contributing to an enriching and collaborative environment.
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Impact
July, 2024
State Street Theatre Co fosters the joy and art of theater for individuals of all ages and backgrounds in and around New Ulm, Minnesota through educational initiatives and engaging productions. By responsibly caring for and interpreting its historic site and murals, this organization serves the residents and patrons of the community, preserving cultural heritage and enriching local artistic experiences. Additionally, State Street Theatre Co provides its spaces to others in the community, encouraging collaboration and further enhancing the cultural vibrancy of New Ulm. Through its commitment to the arts, State Street Theatre Co significantly contributes to the cultural landscape and community engagement in the region.
This information is meant to be a general summary of State Street Theatre Co. 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 2023.
- Investment Income: $1,777
- Program Service Revenue: $117,771
- Gross Receipts: $468,711
Assets and Liabilities:
- Total Assets: $1,073,314
- Total Liabilities: $1,171
- Net Assets: $1,072,143
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKETS
Revenue
$91,812
CONCESSION AND ALCOHOL SALES
Revenue
$15,056
RENTAL
Revenue
$6,425
OTHER
Revenue
$3,245
GRATUITIES
Revenue
$1,015
Organization Details
Founding Year
2003
Phone
(507) 276-7890Principal Officer
Mary Ellen Domeier
Main Address
1 NORTH STATE STREET PO BOX 493, NEW ULM, MN, 56073
Website
www.statestreetnewulm.orgNTEE Category
Code: A65 - Arts
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