Overview
What is Theatre Tweed Inc?
Theatre Tweed Inc, situated in New York, NY, serves as a platform for nurturing budding performers. Their primary objective, as stated in their mission, is to advocate for and promote the growth of emerging artists in the performing arts sector. This nonprofit organization is devoted to providing opportunities and exposure to these new artists, contributing to the richness and diversity of the performing arts scene.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%, Zero-Star out of Four Star Rating. Theatre Tweed Inc has received a low rating primarily due to significant shortcomings in accountability and finance. The rating reflects a complete reliance on a single beacon score, indicating that the organization may struggle in transparency and governance.
The organization has strengths in independent oversight, with a fully independent board and no material diversion of assets noted. However, it lacks essential policies such as a conflict of interest policy, whistleblower policy, and document retention policy, all of which negatively impact its accountability score. Additionally, the absence of a website listed on the tax form further detracts from its transparency.
Financially, Theatre Tweed Inc reports a program expense ratio of 42.64%, which is concerning as it indicates a large portion of funds may not be directed towards programs. Coupled with a liabilities to assets ratio of 0.00%, these financial metrics highlight potential risks in fiscal management. Overall, potential donors and supporters should approach with caution, considering the significant areas for improvement identified in the evaluation.
This AI summary has been generated from information found on Charity Navigator.
Is Theatre Tweed Inc legitimate?
Theatre Tweed Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Theatre Tweed 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Theatre Tweed Inc?
Theatre Tweed Inc., as an organization, is dedicated to championing emerging artists in the realm of performing arts. Their mission is centered around fostering and showcasing new talent in the performing arena. They strive to provide a platform for these artists to showcase their skills and grow in their respective fields. By doing so, Theatre Tweed contributes to the richness and diversity of the performing arts scene.
What is the revenue of Theatre Tweed Inc?
Theatre Tweed Inc's revenue in 2024 was $35,752.
Who are the executives of Theatre Tweed Inc and what are their salaries?
Here are 5 key members and their salaries:
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- Other: $0
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- Compensation: $0
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Where can I find the form 990 for Theatre Tweed Inc?
Theatre Tweed Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Theatre Tweed Inc
Theatre Tweed Inc, a renowned theater entity, is dedicated to championing emerging artists in the realm of performing arts. Their mission is centered around nurturing and showcasing up-and-coming talent, providing them with a platform to showcase their abilities and grow in the industry. By promoting new artists, Theatre Tweed contributes to the richness and diversity of the performing arts scene, ensuring a continuous influx of fresh ideas and perspectives.
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Impact
August, 2024
Theatre Tweed Inc has a significant impact on promoting new artists in the performing arena. Through its activities and programs, Theatre Tweed provides a platform for emerging artists to showcase their talent and develop their skills in the field of performing arts. By nurturing and supporting these new talents, Theatre Tweed contributes to the growth and diversity of the performing arts scene in New York City. Artists who have been associated with Theatre Tweed have gone on to achieve success and recognition in the industry, highlighting the organization's role in shaping the future of performing arts.
This information is meant to be a general summary of Theatre Tweed 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 2024.
- Program Service Revenue: $3,000
- Gross Receipts: $35,752
Assets and Liabilities:
- Total Assets: $50,811
- Total Liabilities: $0
- Net Assets: $50,811
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOX OFFICE
Revenue
$3,000
Organization Details
Principal Officer
Kevin Malony
NTEE Category
Code: A650 - Arts
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