Overview
What is New Federal Theatre Inc?
New Federal Theatre Inc, located in New York City, is a pioneering nonprofit organization dedicated to fostering diversity in the American theatre scene. Having a workforce of 19 individuals, their mission is to bridge the gap between minorities and women in the theatre industry, offering professional training and presenting plays by underrepresented voices to mixed, multicultural audiences. Despite their base, The All Stars Project building remaining closed for programming, they have continued their activities through partnerships and online platforms. Their 2021-2022 season included productions like 'Morning at Seven' and 'Gong Lum's Legacy,' as well as workshops, poetry events, and talent showcases.
Official website here: www.newfederaltheatre.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
New Federal Theatre Inc has received an overall score of 81%, reflecting a strong focus on accountability and finance. The organization is noteworthy for having a fully independent board, with 86% of its members independent, which contributes positively to its governance structure. Additionally, the absence of any material diversion of assets indicates a sound financial management practice.
While the nonprofit demonstrates solid program expense ratios, indicating a commitment to its mission, it does have notable areas for improvement. The lack of a conflict of interest and a whistleblower policy suggests potential vulnerabilities in governance that could be addressed for greater transparency and accountability. Despite these shortcomings, the organization maintains a healthy liabilities to assets ratio, underscoring its financial stability.
This AI summary has been generated from information found on Charity Navigator.
Is New Federal Theatre Inc legitimate?
New Federal Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Federal Theatre 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: $96,151
Professional Fundraising Fees: $30,000
Other Salaries and Wages: $76,113
For more financial information, click here
Official website here: www.newfederaltheatre.org
What is the mission statement of New Federal Theatre Inc?
New Federal Theatre Inc's mission is centered around integrating minorities and women into the mainstream of American theatre. They achieve this by offering professional training for artists and presenting plays written by minorities and women to diverse, multicultural audiences. The organization's goal is to provide a platform for the emergence of talented individuals in the theatre, television, and film industries, contributing significantly to these sectors.
Official website here: www.newfederaltheatre.org
Who is the CEO of New Federal Theatre Inc?
Elizabeth Van Dyke is the Co-Chairman of New Federal Theatre Inc.
Official website here: www.newfederaltheatre.org
What is the revenue of New Federal Theatre Inc?
New Federal Theatre Inc's revenue in 2022 was $491,762.
Official website here: www.newfederaltheatre.org
Who are the executives of New Federal Theatre Inc and what are their salaries?
The average compensation at New Federal Theatre Inc during 2022 was $9,067. There are 19 employees and 13 volunteers at New Federal Theatre Inc.
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Official website here: www.newfederaltheatre.org
Where can I find the form 990 for New Federal Theatre Inc?
New Federal Theatre Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newfederaltheatre.org
Learn more at the official website: www.newfederaltheatre.org
Mission Statement of New Federal Theatre Inc
New Federal Theatre Inc, a pioneering organization, is committed to integrating minorities and women into the mainstream of American theatre. They achieve this mission through two key strategies. Firstly, they train artists for professional careers in theatre, providing them with the necessary skills and opportunities to succeed in the industry. Secondly, they present plays written by minorities and women to diverse, multicultural audiences. By doing so, New Federal Theatre Inc aims to promote inclusivity and diversity within the theatre industry, ensuring that underrepresented voices are heard and celebrated.
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Impact
July, 2024
New Federal Theatre Inc has had a significant impact on the development and promotion of African American talents in the theatre industry. By pioneering new theatre concepts and providing a platform for emerging talents, NFT has played a crucial role in showcasing diverse voices and perspectives. This has not only contributed to the richness and diversity of American theatre but has also helped African American artists gain recognition and success in the theatre, television, and motion picture industries. Through its mission to integrate minorities and women into the mainstream of American theatre, NFT has been instrumental in training artists and presenting plays that resonate with integrated, multicultural audiences. This commitment to diversity and inclusivity in the arts has made a lasting impact on the cultural landscape of the industry.
This information is meant to be a general summary of New Federal Theatre 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.
- Program Service Revenue: $32,833
- Gross Receipts: $491,762
Assets and Liabilities:
- Total Assets: $605,437
- Total Liabilities: $21,332
- Net Assets: $584,105
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOX OFFICE INCOME
Revenue
$22,868
WORKSHOP TUITION
Revenue
$9,965
Organization Details
Founding Year
1976
Phone
(212) 353-1176Principal Officer
Elizabeth Van Dyke
Main Address
CO ALL STARS PROJECT 543 W 42 ST, NEW YORK, NY, 10036
Website
www.newfederaltheatre.orgNTEE Category
Code: A650 - Arts
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