Midtown Management Group Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133192793 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Midtown Management Group Inc?

Midtown Management Group Inc, operating under the name Inside Broadway, is a nonprofit organization situated in New York City, specifically at 630 9th Avenue. Their primary mission is to enrich the educational experiences of public school students by offering them an insight into professional theater arts. They achieve this through various initiatives, such as in-school teaching residencies, after-school musical theater instruction, touring productions featuring renowned Broadway actors, and workshops that allow students to explore set and costume building. These programs reach out to over 15,500 students in 90 schools annually, in addition to an additional 12,000 students through the CASA initiative and 21,000 students through touring productions. With a staff of 88 dedicated individuals, Inside Broadway strives to inspire and educate the next generation of theater enthusiasts.


Official website here: www.insidebroadway.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

Midtown Management Group Inc, operating as Inside Broadway, has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization’s strong score is predominantly based on its exemplary performance in the Accountability & Finance category. With a score of 96, the nonprofit demonstrates transparency in its operations and effective management of its resources.

The organization boasts several key strengths, including a fully independent board with 85% of its members meeting this criterion. Additionally, it has successfully implemented policies for conflict of interest, whistleblower protection, and document retention, all contributing to its strong governance structure. Notably, it maintains a healthy financial status, evidenced by a low liabilities-to-assets ratio of 28.69% and a program expense ratio of 77.09%, ensuring that a significant portion of its funds directly support its mission.

However, while the organization excels in many areas, continuous monitoring of its financial practices and governance will be essential to maintain these high standards and further enhance its impact. Overall, Inside Broadway appears to be a well-managed nonprofit committed to its mission and accountable to its stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Midtown Management Group Inc legitimate?

Midtown Management Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midtown Management Group 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: $199,968
Professional Fundraising Fees: $0
Other Salaries and Wages: $910,392

For more financial information, click here


Official website here: www.insidebroadway.org

What is the mission statement of Midtown Management Group Inc?

Midtown Management Group Inc, operating under the name Inside Broadway, has a mission to offer public school students an immersive experience in professional theater arts and crafts. This is achieved through various means, including performances, hands-on educational programs, set and costume building, touring productions, and training for both students and teachers. The organization aims to provide these opportunities to as many students as possible, reaching over 50,000 students annually through in-school teaching residencies, after-school musical theater instruction, touring productions, and specialized events like "Creating the Magic."


Official website here: www.insidebroadway.org

Who is the CEO of Midtown Management Group Inc?

Michael Presser is the President & Ed of Midtown Management Group Inc.


Official website here: www.insidebroadway.org

What is the revenue of Midtown Management Group Inc?

Midtown Management Group Inc's revenue in 2022 was $2,615,888.


Official website here: www.insidebroadway.org

Who are the executives of Midtown Management Group Inc and what are their salaries?

The average compensation at Midtown Management Group Inc during 2022 was $12,618. There are 88 employees and 10 volunteers at Midtown Management Group Inc.


Here are 8 key members and their salaries:


Michael Presser (President & Ed)
  • Compensation: $161,218
  • Related: $0
  • Other: $58,000
John Diaz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth G Alberstadt (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irwin Fingerit (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Tung (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Zipser (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie De Roy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Cacace (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.insidebroadway.org

Where can I find the form 990 for Midtown Management Group Inc?

Midtown Management Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.insidebroadway.org

Learn more at the official website: www.insidebroadway.org

Mission Statement of Midtown Management Group Inc

Midtown Management Group Inc Dba Inside Broadway is an organization dedicated to providing public school students with an enriching exposure to professional theater arts and crafts. Through a combination of performances, hands-on educational programs, set and costume building, touring productions, and teacher training, this nonprofit aims to inspire and educate students, fostering a love for the arts.

In practice, Midtown Management Group Inc Dba Inside Broadway carries out its mission in various ways. Their in-school teaching residencies offer video theater instruction to over 15,500 students across 90 schools. Additionally, the CASA initiative provides after-school musical theater instruction to 12,000 students in 47 schools. Touring productions, featuring professional actors, bring an abridged version of classic Broadway musicals to approximately 52 schools, reaching approximately 21,000 students annually. Furthermore, the Creating the Magic program provides students with a behind-the-scenes look at a production, held in a Broadway theater and attended by approximately 3,000 students twice a year.

In summary, Midtown Management Group Inc Dba Inside Broadway is an organization committed to enriching the lives of public school students through theater arts and crafts. By offering a range of educational programs and performances, they inspire and educate students, nurturing their love for the arts and providing them with valuable experiences in the world of theater.

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Impact




August, 2024

Midtown Management Group Inc Dba Inside Broadway's impact lies in providing public school students with invaluable exposure to the world of professional theater arts and crafts. Through performances, hands-on educational programs, set and costume building, touring productions, and training for both students and teachers, this organization plays a crucial role in enriching the lives of young individuals. With initiatives like in-school teaching residencies, after-school musical theater instruction, touring productions reaching thousands of students, and special events like Creating the Magic, Inside Broadway is actively fostering a love for the arts and opening doors to potential career paths in the theater industry. Their work not only educates and entertains but also inspires creativity and passion among the next generation of artists and art enthusiasts.




This information is meant to be a general summary of Midtown Management Group 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.

Revenue
$2,615,888 (2022)
Expenses
$1,770,530 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $42,457
  • Program Service Revenue: $1,900,469
  • Gross Receipts: $2,615,888

Assets and Liabilities:

  • Total Assets: $1,897,299
  • Total Liabilities: $204,189
  • Net Assets: $1,693,110

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EDUCATION

Revenue

$1,883,669

SUB-LEASE

Revenue

$16,800

Organization Details

Founding Year

1982

Principal Officer

Michael Presser

Main Address

630 9TH AVENUE 802, NEW YORK, NY, 10036

NTEE Category

Code: A65 - Arts

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