Overview
What is The Vivian Beaumont Theaterinc?
The Vivian Beaumont Theaterinc DBA Lincoln Center Theater is a renowned nonprofit organization based in New York City, specifically at 150 W 65th Street, with a total workforce of 401 employees. Its primary mission is to promote exceptional standards in the performing arts, mainly through the production and performance of plays and musicals for the general public. The organization operates at the Vivian Beaumont and Mitzi E. Newhouse Theaters at Lincoln Center, in addition to the Claire Tow Theater, where they present works by young and emerging artists. Despite the closure of their indoor theaters due to the COVID-19 pandemic at the beginning of the fiscal year 2021-2022, they managed to present several productions and concerts outside on the Lincoln Center Plaza under the name "Restart Stages." After the reopening, they showcased several successful productions, including "Flying Over Sunset," "Intimate Apparel," "At the Wedding," "The Skin of Our Teeth," and "Epiphanny."
Official website here: www.lct.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Stars
The Vivian Beaumont Theaterinc has achieved an exemplary Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization scored a perfect 100% in its evaluation, which is entirely based on its accountability and finance metrics, underscoring its transparent practices and financial integrity.
Strengths of the organization include a highly independent board with all members being independent, and a robust financial oversight structure evidenced by a functional audit and oversight committee. Additionally, the nonprofit has no reported issues such as material diversion of assets and has effectively implemented various policies, including conflict of interest and whistleblower protections, which enhance its governance framework.
Despite its impressive performance metrics, the ratings reveal a strong emphasis on financial management, indicating that while the organization is financially sound, further information about its programmatic impact and outreach efforts could provide a more comprehensive view of its effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Vivian Beaumont Theaterinc legitimate?
The Vivian Beaumont Theaterinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Vivian Beaumont Theaterinc 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: $3,746,147
Professional Fundraising Fees: $119,488
Other Salaries and Wages: $10,696,395
For more financial information, click here
Official website here: www.lct.org
What is the mission statement of The Vivian Beaumont Theaterinc?
The Vivian Beaumont Theater, also known as Lincoln Center Theater, strives for excellence in the performing arts primarily through the production and performance of plays and musicals for the public. Adhering to its by-laws, the organization's mission encompasses presenting, developing, and encouraging the highest standards of artistic expression in drama and various traditional and literary forms. It aims to make these performances accessible to diverse audiences, regardless of their socio-economic backgrounds, and maintains low ticket prices to ensure accessibility. The organization also fosters an atmosphere of creativity, freedom, and encouragement among its artists, performers, managers, and employees, and provides support for groups sharing similar artistic values and purposes.
Official website here: www.lct.org
What is the revenue of The Vivian Beaumont Theaterinc?
The Vivian Beaumont Theaterinc's revenue in 2024 was $60,643,840.
Official website here: www.lct.org
Who are the executives of The Vivian Beaumont Theaterinc and what are their salaries?
The average compensation at The Vivian Beaumont Theaterinc during 2024 was $15,513. There are 931 employees and 53 volunteers at The Vivian Beaumont Theaterinc.
Here are 68 key members and their salaries:
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Official website here: www.lct.org
Where can I find the form 990 for The Vivian Beaumont Theaterinc?
The Vivian Beaumont Theaterinc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.lct.org
Learn more at the official website: www.lct.org
Mission Statement of The Vivian Beaumont Theaterinc
The Vivian Beaumont Theater, also known as Lincoln Center Theater, is a renowned organization committed to promoting excellence in the performing arts. Its primary focus is on producing and performing plays and musicals for the general public, while also engaging in various developmental and educational activities. Adhering to its by-laws, this esteemed nonprofit strives to present, develop, and encourage the highest level of artistic achievement in the realm of theater.
In pursuit of this goal, The Vivian Beaumont Theater seeks to broaden public knowledge and appreciation for drama and the arts. By offering theatrical performances accessible to diverse audiences, encompassing the full economic and social spectrum, the organization fosters a deeper understanding and appreciation of artistic and literary traditions. The nonprofit is dedicated to maintaining low ticket prices, ensuring accessibility to Lincoln Center Theater for a wide range of individuals.
Moreover, The Vivian Beaumont Theater prioritizes the creative freedom and working conditions of its artists, performers, managers, and employees. This supportive atmosphere encourages excellence in the arts, fostering an environment that upholds human dignity and individual freedom. Additionally, the organization provides resources and support for groups of performers who share its artistic standards, purpose, and aspirations. Through these efforts, The Vivian Beaumont Theater continues to enrich the cultural landscape and inspire artistic innovation.
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Impact
October, 2024
The Vivian Beaumont Theater has significantly enriched the cultural landscape of New York City by fostering excellence in theater and the performing arts. Its commitment to producing a diverse range of plays and musicals serves not only to entertain the public but also to educate and cultivate a deeper appreciation for the arts.
By showcasing works from both established and emerging artists, including the LCT3 program, the theater provides vital opportunities for new voices in the artistic community. The organization has demonstrated resilience and adaptability, particularly during the COVID-19 pandemic, by hosting outdoor performances through the "Restart Stages" initiative, ensuring that the community remained engaged with the arts during challenging times.
The Vivian Beaumont Theater also emphasizes accessibility, striving to maintain affordable ticket prices to welcome a wide audience, reflecting its mission to encompass the full economic and social spectrum. This dedication to accessibility helps to break down barriers, allowing diverse audiences to experience high-caliber theatrical productions.
Additionally, the theater provides an environment where artistic excellence can flourish. By prioritizing creative freedom and maintaining supportive working conditions for artists, performers, and staff, it not only enhances the quality of its productions but also contributes to the broader conversation around human dignity and individual expression within the arts.
Through these efforts, The Vivian Beaumont Theater plays a crucial role in enriching the public's cultural experience, fostering the growth of the performing arts, and nurturing the next generation of theater professionals.
This information is meant to be a general summary of The Vivian Beaumont Theaterinc. 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 2024.
- Investment Income: $2,448,647
- Program Service Revenue: $16,045,149
- Gross Receipts: $104,057,386
Assets and Liabilities:
- Total Assets: $167,436,902
- Total Liabilities: $2,906,119
- Net Assets: $164,530,783
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOX OFFICE REVENUE
Revenue
$14,774,916
MEMBERSHIP FEES
Revenue
$1,087,976
PROGRAM FEES
Revenue
$114,690
TV & RECORDING INCOME
Revenue
$59,735
SET/COSTUME RENTALS
Revenue
$7,832
Organization Details
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