Overview
What is The Performance Zone Inc?
The Performance Zone Inc, situated in New York City, is a nonprofit organization dedicated to supporting independent performing artists and companies. Their mission is to comprehensively cater to the artistic and administrative needs of individuals working in various fields such as dance, theatre, music, text, and performance art. They achieve this by offering creative residency opportunities, rehearsal spaces, peer artistic feedback sessions, and free out-of-town creative retreats. Their activities and mission aim to encourage and cultivate a deeper appreciation for the performing arts. The organization, with a team of 12 individuals, operates from 225 WEST 34TH STREET FLOOR 9, New York, NY, 10122.
Official website here: www.thefield.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
The Performance Zone Inc has received a solid Three-Star rating from Charity Navigator, indicating a good level of accountability and financial management. The overall score is heavily weighted toward the Accountability & Finance metrics, where the organization scored 82%. This reflects a commitment to transparency and responsible management, with a fully independent board and strong oversight mechanisms in place.
Strengths of the organization include a high program expense ratio of 93.04%, demonstrating that a significant portion of its funds is directed toward its programs rather than administrative costs. Additionally, the organization showcases excellent fundraising efficiency, having a minimal cost per dollar raised. These factors suggest that The Performance Zone Inc is effectively utilizing its resources to fulfill its mission.
However, there are some limitations noted in the financial ratios, particularly in the liabilities to assets ratio and working capital ratio, which scored significantly lower. While the organization manages to maintain a healthy program expense and fundraising efficiency, these financial indicators could imply potential vulnerabilities in liquidity and financial stability that warrant closer monitoring.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Performance Zone Inc?
96% of reviewers on Facebook recommend The Performance Zone Inc. Here is a summary of their reviews:
The sentiment surrounding The Performance Zone Inc is overwhelmingly positive, with many users highlighting the valuable support it provides for arts startups and individual artists alike. Reviewers appreciate the organization's effective resources and guidance tailored to the artistic community, acknowledging past positive experiences as compelling reasons to continue engaging with them.
One particular review from a dance company co-founder emphasized their satisfaction with the organization's services, describing them as "wonderful" and expressing eagerness to participate in upcoming programs. This sentiment reflects a strong bond between artists and The Performance Zone Inc, indicating that it truly fulfills its mission to uplift and assist those in the arts.
This AI summary has been generated from reviews found on Facebook.
Is The Performance Zone Inc legitimate?
The Performance Zone Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Performance Zone 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: $689,806
For more financial information, click here
Official website here: www.thefield.org
What is the mission statement of The Performance Zone Inc?
The Performance Zone Inc's mission is to substantially and holistically cater to the artistic and administrative requirements of independent performing artists and organizations in the domains of dance, theatre, music, text, and performance art. By providing creative residency opportunities, rehearsal spaces, peer artistic feedback sessions, and free out-of-town creative retreats, they help artists create more impactful and communicative art, translating ideas from the page to the stage. Furthermore, they conduct workshops and offer performance opportunities for local artists, fostering growth and development in the performing arts community.
Official website here: www.thefield.org
What is the revenue of The Performance Zone Inc?
The Performance Zone Inc's revenue in 2023 was $4,967,052.
Official website here: www.thefield.org
Who are the executives of The Performance Zone Inc and what are their salaries?
The average compensation at The Performance Zone Inc during 2023 was $57,484. There are 12 employees at The Performance Zone Inc.
Here are 12 key members and their salaries:
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- Compensation: $23,750
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Official website here: www.thefield.org
Where can I find the form 990 for The Performance Zone Inc?
The Performance Zone Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thefield.org
Learn more at the official website: www.thefield.org
Mission Statement of The Performance Zone Inc
The Performance Zone Inc, a nonprofit organization, is dedicated to fostering and nurturing an appreciation for the performing arts. Their mission is to comprehensively serve the artistic and administrative needs of independent performing artists and companies working in the realms of dance, theatre, music, text, and performance art. The organization strategically aims to support these artists, providing them with essential tools and resources needed to thrive in their respective fields.
In pursuit of this mission, The Performance Zone Inc offers various art-based programs designed to help artists create more communicative and effective work, transforming their ideas from the page to the stage. They achieve this through creative residency opportunities, offering artists a conducive space to develop their craft. Moreover, the organization provides rehearsal spaces, peer artistic feedback sessions, and free out-of-town creative retreats to further enhance the artistic growth of these independent artists.
Furthermore, The Performance Zone Inc hosts workshops and performance opportunities for local artists, offering them a platform to showcase their talents and engage with their communities. By offering these resources, the organization aims to empower independent performing artists and companies, enabling them to create and share their art with wider audiences.
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Impact
August, 2024
The Performance Zone Inc's impact lies in encouraging and cultivating appreciation of the performing arts. Through art-based programs, this organization helps artists create more effective and communicative art from the page to the stage. By offering creative residency opportunities, rehearsal space, peer artistic feedback sessions, and free out-of-town creative retreats, The Performance Zone Inc supports the growth and development of local artists. Additionally, the organization runs workshops and provides performance opportunities for independent performing artists and companies in the fields of dance, theatre, music, text, and performance art. Their mission is to strategically and comprehensively serve the artistic and administrative needs of the artistic community, ultimately contributing to the vitality and vibrancy of the arts scene in New York.
This information is meant to be a general summary of The Performance Zone 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: $18,586
- Program Service Revenue: $332,995
- Gross Receipts: $4,967,052
Assets and Liabilities:
- Total Assets: $2,313,984
- Total Liabilities: $1,316,109
- Net Assets: $997,875
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIP FEES
Revenue
$295,724
SPONSORSHIP DUES
Revenue
$31,448
FEES
Revenue
$5,823
Organization Details
Founding Year
1986
Principal Officer
Christopher Bloodworth
Website
www.thefield.orgNTEE Category
Code: A60 - Arts
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