Overview
What is The H B Playwrights Foundation Inc?
The H B Playwrights Foundation Inc, based in New York City, is a nonprofit organization dedicated to fostering new plays and playwrights. They specialize in the production of non-commercial theater, primarily through collaborations with HB Studio. During the 2022 fiscal year, they gradually resumed in-person activities, with events taking place in the HB Playwrights Theatre in the final quarter. Besides these, they continued to present online talks, class presentations, and readings. In collaboration with HB Studio, the foundation produced and presented various projects during the year. One such project, 'Dick' by Notch Theatre Company, received a week-long residency. They also hosted Acting Out, a company of formerly incarcerated individuals, for a residency leading to four public performances. Additionally, they organized eight public performances of works-in-progress productions featuring 82 artists, attracting an audience of 437. In essence, The H B Playwrights Foundation Inc serves as a platform for nurturing new plays and playwrights, providing them an opportunity to showcase their talents in a non-commercial setting.
Official website here: www.hbstudio.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The H B Playwrights Foundation Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The foundation scored 97% overall, with the rating based entirely on a single beacon, emphasizing its outstanding performance in financial management. With a significant program expense ratio of 75.09%, the organization effectively allocates its resources towards its mission.
Strengths of the foundation include a fully independent board, which has been recognized for its governance by scoring a perfect 10 out of 10 in that category. The foundation also maintains several essential policies, such as conflict of interest and whistleblower policies, which further enhance its operational integrity. Its low liabilities to assets ratio of 0.16% indicates a robust financial position, allowing the organization to sustain its activities effectively.
While the ratings are highly favorable, it is important to continuously monitor any potential areas for improvement. However, based on the current data, The H B Playwrights Foundation Inc demonstrates a strong framework that prioritizes accountability and transparency, making it a reliable choice for donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is The H B Playwrights Foundation Inc legitimate?
The H B Playwrights Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The H B Playwrights Foundation 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.
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.hbstudio.org
What is the mission statement of The H B Playwrights Foundation Inc?
The H B Playwrights Foundation Inc is committed to the development of new plays and playwrights, as well as the performance of non-commercial theatre. Its mission is primarily focused on artistic merit, providing a platform for new works and emerging talents in the theatre industry. Throughout a typical year, the foundation collaborates with HB Studio to produce works-in-progress productions. In the fiscal year ending August 2022, they restarted in-person activities, resuming performances in the HB Playwrights Theatre, while also presenting online talks, classes, and readings. During this period, the foundation collaborated with HB Studio to present residency projects, works-in-progress productions, and hosted acting companies, serving a diverse range of artists and audience members.
Official website here: www.hbstudio.org
What is the revenue of The H B Playwrights Foundation Inc?
The H B Playwrights Foundation Inc's revenue in 2023 was $366,143.
Official website here: www.hbstudio.org
Who are the executives of The H B Playwrights Foundation Inc and what are their salaries?
There 39 volunteers at The H B Playwrights Foundation Inc.
Here are 14 key members and their salaries:
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- Related: $56,410
- Other: $27,803
Official website here: www.hbstudio.org
Where can I find the form 990 for The H B Playwrights Foundation Inc?
The H B Playwrights Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hbstudio.org
Learn more at the official website: www.hbstudio.org
Mission Statement of The H B Playwrights Foundation Inc
The H B Playwrights Foundation Inc is dedicated to fostering the development of new plays and playwrights, and to providing a platform for non-commercial theater performances. This organization's mission is centered around the ongoing artistic merit of the theater, with a focus on nurturing new works and the artists involved. In a typical year, the foundation collaborates with HB Studio to produce works-in-progress productions. During the fiscal year ending August 31, 2022, HB Studio gradually reopened its facilities for in-person activities, with activities resuming in the HB Playwrights Foundation Theatre in the final quarter of the year. Program-related rentals and a small roster of public events were also held. Additionally, HB Studio continued to present online talks, class presentations, and readings via live-stream.
In collaboration with HB Studio, The H B Playwrights Foundation Inc produced and presented various projects during the fiscal year ending August 31, 2022. One of these projects was a week-long residency for a project originally selected for HB Studio's 2020 residency season, titled "Dick," which served 11 artists. The foundation also hosted "Acting Out," a company of 18 formerly incarcerated persons, for a residency conducted both online and in-person, resulting in four public performances in August 2022 in the HB Playwrights Theatre. Furthermore, eight public performances were held over six dates, featuring 82 artists and serving an audience of 437. These productions included "Five Times In One Night and Other Scenes from Chiaro Atik" and "You N Your's - The Father File." Overall, The H B Playwrights Foundation Inc is committed to supporting the growth of new plays and playwrights, providing a platform for non-commercial theater, and fostering artistic growth through various productions and residencies.
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Impact
August, 2024
The H B Playwrights Foundation Inc has a significant impact on the development of new plays and playwrights, as well as the performance of non-commercial theatre. Through its dedication to the ongoing artistic merit of theater productions, the foundation provides a platform for emerging artists to showcase their work and engage with audiences. By producing and presenting new works-in-progress, the foundation creates opportunities for artistic growth and collaboration within the theater community. The foundation's activities contribute to the cultural vibrancy of New York City and support the artistic vision of its participants.
This information is meant to be a general summary of The H B Playwrights Foundation 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: $16,479
- Program Service Revenue: $10,910
- Gross Receipts: $380,162
Assets and Liabilities:
- Total Assets: $1,566,560
- Total Liabilities: $113,310
- Net Assets: $1,453,250
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDIO RENTAL INCOME
Revenue
$10,910
Organization Details
Founding Year
1964
Principal Officer
Marie-Louise Stegall
Website
www.hbstudio.orgNTEE Category
Code: A650 - Arts
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