Overview
What is American Theatre Wing Inc?
American Theatre Wing Inc, situated in New York City, New York, is a dedicated nonprofit organization with a mission to foster excellence in the theatre arts. Their primary focus lies in promoting diversity, equity, and inclusion in the field through various initiatives. These include providing classroom grants, scholarships for training, and university scholarships to underserved students, aiming to create a more inclusive and equitable pipeline to theatre careers. Their work also encompasses media initiatives, educational programs, and granting awards. With around 18 employees, American Theatre Wing Inc continues to contribute to the theatre arts, striving for excellence and inclusivity.
Official website here: www.americantheatrewing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating) from Charity Navigator.
American Theatre Wing Inc has achieved an exceptional 100% rating from Charity Navigator, reflecting its exemplary accountability and financial health. The organization is rated solely on its Accountability & Finance score, indicating a strong commitment to transparency and responsible management of funds. The perfect score signifies that American Theatre Wing maintains an independent board, with 100% of its members being independent, which is crucial for unbiased oversight.
The nonprofit exhibits notable strengths in its financial metrics, including a program expense ratio of 73.14%, demonstrating a significant commitment to its mission-related activities. Additionally, the organization shows impressive fundraising efficiency, with only $0.12 spent to raise each dollar, and a strong working capital ratio of 4.23 years, indicating robust financial stability and operational capacity.
While the data highlights outstanding performance and compliance with best practices, the summary does not indicate any limitations or areas for improvement. Overall, American Theatre Wing Inc stands out as a model nonprofit organization, ensuring strong governance and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is American Theatre Wing Inc legitimate?
American Theatre Wing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Theatre Wing 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: $399,417
Professional Fundraising Fees: $28,000
Other Salaries and Wages: $640,483
For more financial information, click here
Official website here: www.americantheatrewing.org
What is the mission statement of American Theatre Wing Inc?
American Theatre Wing Inc's mission is centered around promoting excellence in the theatre arts. They achieve this through various media initiatives, educational programs, and granting awards. This organization's mission extends to furthering theatre arts by providing opportunities for underserved students through classroom grants, training scholarships, and university scholarships, as part of the Andrew Lloyd Webber Initiative, a diversity, equity, and inclusion program. Over the years, this initiative has helped develop a more inclusive and equitable pipeline to careers in theatre.
Official website here: www.americantheatrewing.org
Who is the CEO of American Theatre Wing Inc?
Heather A Hitchens is the Chair of American Theatre Wing Inc. The CEO's salary of American Theatre Wing Inc is $371,856 and their total compensation is $399,417.
Official website here: www.americantheatrewing.org
What is the revenue of American Theatre Wing Inc?
American Theatre Wing Inc's revenue in 2022 was $2,801,371.
Official website here: www.americantheatrewing.org
Who are the executives of American Theatre Wing Inc and what are their salaries?
The average compensation at American Theatre Wing Inc during 2022 was $57,772. There are 18 employees and 44 volunteers at American Theatre Wing Inc.
Here are 34 key members and their salaries (American Theatre Wing Inc's CEO's salary is $371,856 and their total compensation is $399,417):
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Official website here: www.americantheatrewing.org
Where can I find the form 990 for American Theatre Wing Inc?
American Theatre Wing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.americantheatrewing.org
Learn more at the official website: www.americantheatrewing.org
Mission Statement of American Theatre Wing Inc
American Theatre Wing Inc, a distinguished organization, is dedicated to the advancement of excellence in the theatre arts. They achieve this mission by employing media initiatives, educational programs, and granting awards. This multifaceted approach aims to foster growth, diversity, and equity in the theatre industry.
The Andrew Lloyd Webber Initiative, a significant program under American Theatre Wing Inc, serves an essential role in this mission. This national diversity, equity, and inclusion program provides theatre education opportunities for underprivileged students through classroom grants, training scholarships, and university scholarships. Now in its seventh year, this initiative has strengthened American Theatre Wing Inc's commitment to creating a more inclusive and equitable pipeline leading to careers in theatre.
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Impact
July, 2024
American Theatre Wing Inc's impact lies in its commitment to advancing excellence in the theatre arts. Through initiatives like the Andrew Lloyd Webber Program, the organization actively promotes diversity, equity, and inclusion in the theatrical community by providing educational opportunities to underserved students. By offering classroom grants, training scholarships, and university scholarships, American Theatre Wing Inc is fostering a more inclusive and equitable pipeline to careers in theatre. This work not only enhances the diversity within the industry but also helps create a more vibrant and representative theatrical landscape for future generations.
This information is meant to be a general summary of American Theatre Wing 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 2022.
- Investment Income: $461,024
- Program Service Revenue: $45,000
- Gross Receipts: $4,757,566
Assets and Liabilities:
- Total Assets: $12,830,673
- Total Liabilities: $689,133
- Net Assets: $12,141,540
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$45,000
Organization Details
Founding Year
1952
Phone
(212) 765-0606Principal Officer
Heather A Hitchens
Main Address
230 WEST 41ST STREET 1101, NEW YORK, NY, 100367207
Website
www.americantheatrewing.orgNTEE Category
Code: A126 - Arts
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