Overview
What is The Working Theatre Co Inc?
The Working Theatre Co Inc, situated in New York City, New York, is a dedicated nonprofit organization that focuses on producing plays that resonate with working people and the challenges they face in a rapidly evolving world. With a mission to make theater an integral part of their cultural lives, the company offers reasonably priced tickets and presents narratives that reflect the diversity of the working majority. Their plays aim to acknowledge the complexity and often-overlooked power of this demographic in a rapidly changing world, ultimately fostering a sense of shared humanity. The organization, employing 52 individuals, is committed to making theater accessible and relatable to a wider audience.
Official website here: www.theworkingtheater.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
The Working Theatre Co Inc has achieved an impressive 96% rating from Charity Navigator, reflecting strong accountability and financial practices. This rating is based entirely on a single beacon score focusing on accountability and finance, underscoring the nonprofit's commitment to transparency and responsible management of resources.
The organization boasts a fully independent board with 93% independent members, which contributes to its governance strength. It has also implemented various policies to ensure compliance and ethical practices, including a conflict of interest policy and a whistleblower policy, both of which receive top marks. Financially, the nonprofit demonstrates a healthy liabilities to assets ratio of 7.34%, indicating sound fiscal health.
Despite these strengths, the overview does not indicate any notable limitations or areas for improvement. The high program expense ratio of 86.88% suggests that a significant portion of its resources is directed towards its core activities, aligning with its mission. Overall, The Working Theatre Co Inc appears to be a well-managed organization dedicated to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is The Working Theatre Co Inc legitimate?
The Working Theatre Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Working Theatre Co 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $146,211
For more financial information, click here
Official website here: www.theworkingtheater.org
What is the mission statement of The Working Theatre Co Inc?
The Working Theatre Company's mission is centered around producing plays that delve into the experiences and challenges of working-class individuals. Their goal is to make theatre an integral part of the cultural lives of this demographic, who may find commercial theater prices prohibitive or feel disconnected. To achieve this, they offer affordable ticket prices and present stories that resonate with a diverse population within the working majority. These stories aim to acknowledge the complexity and often unacknowledged power of this group in an increasingly complex world, with the hope of fostering unity through shared human experiences.
Official website here: www.theworkingtheater.org
What is the revenue of The Working Theatre Co Inc?
The Working Theatre Co Inc's revenue in 2023 was $628,094.
Official website here: www.theworkingtheater.org
Who are the executives of The Working Theatre Co Inc and what are their salaries?
The average compensation at The Working Theatre Co Inc during 2023 was $1,523. There are 96 employees at The Working Theatre Co Inc.
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Official website here: www.theworkingtheater.org
Where can I find the form 990 for The Working Theatre Co Inc?
The Working Theatre Co Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.theworkingtheater.org
Learn more at the official website: www.theworkingtheater.org
Mission Statement of The Working Theatre Co Inc
The Working Theatre Company, Inc., strives to produce plays that shed light on the experiences and challenges faced by working individuals in a rapidly evolving world. Their mission is to make theatre attendance a regular cultural activity for this group, who may not be able to afford commercial theatre prices or feel disconnected from its depictions. To achieve this, they offer affordable ticket prices and present narratives that resonate with a diverse population of the working majority. These stories acknowledge the complexity and often overlooked power of this demographic in today's intricate world, aiming to foster a sense of unity among people through their shared humanity.
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Impact
July, 2024
The Working Theatre Co Inc aims to make play-going a regular part of the cultural lives of working people in America. By producing new plays that reflect the diverse population of the working majority and address the issues they confront in a changing world, the organization seeks to unite us in our common humanity. Their mission of offering low ticket prices allows those who may not afford commercial theater prices to engage with meaningful stories that resonate with their lives and experiences. Through their focus on working people and the power of storytelling, The Working Theatre Co Inc positively impacts the cultural landscape, fostering inclusivity and connection in the community.
This information is meant to be a general summary of The Working Theatre Co 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 2023.
- Investment Income: $1,131
- Program Service Revenue: $30,087
- Gross Receipts: $628,094
Assets and Liabilities:
- Total Assets: $284,493
- Total Liabilities: $77,397
- Net Assets: $207,096
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THEATRICAL PRODUCTION
Revenue
$30,087
Organization Details
Founding Year
1988
Principal Officer
Laura Carbonell Monarque
Website
www.theworkingtheater.orgNTEE Category
Code: A65 - Arts
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