Overview
What is York Theatre Company Inc?
York Theatre Company Inc, located in New York City, is a nonprofit organization dedicated to fostering theatrical arts and cultural advancement. Their primary focus is on the development and presentation of musical events, showcasing both emerging and established authors. Their Mainstage Series features world, American, or New York premieres, while their Musicals in Mufti Series offers revivals of underappreciated Broadway musicals. The company also hosts numerous readings of new musicals through their Developmental Reading Series, contributing significantly to the musical theatre community. With a mission to support creators, promote artistic collaboration, and provide educational opportunities, the York Theatre Company aims to serve the community with affordable performances for underserved audiences. The organization employs 77 individuals, demonstrating its commitment to the theatrical arts.
Official website here: www.yorktheatre.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97%, Four-Star out of Four Star Rating.
The York Theatre Company Inc has achieved a high level of accountability and financial health, evident in its impressive 97% score from Charity Navigator. This rating reflects the organization's commitment to transparency and effective governance, highlighted by the presence of 94% independent board members and a thorough audit and oversight committee. These features contribute to a solid financial foundation, reinforcing donor confidence.
Financially, the organization demonstrates strong performance metrics, with a program expense ratio of 77.62%, indicating that a significant portion of its funds directly supports its mission. Additionally, the fundraising efficiency ratio of $0.08 shows effective fundraising practices, which means a small cost is incurred to raise funds. The low liabilities to assets ratio of 13.28% further underscores the organization's sound financial management.
Despite these strengths, the organization's working capital ratio of 0.91 years suggests that while they are currently operating effectively, there may be areas to enhance financial sustainability in the long term. Overall, the York Theatre Company Inc stands out as a well-managed nonprofit, with robust governance practices and a strong focus on mission-driven activities.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about York Theatre Company Inc?
92% of 265 reviewers on Facebook recommend the York Theatre Company Inc. The sentiment towards the organization reflects a strong appreciation for its role in supporting writers and showcasing new musicals. Many express that the theatre offers a refreshing and essential platform for emerging talent, highlighting its commitment to nurturing creativity in the performing arts.
Patrons particularly enjoy the intimate setting of the theatre, which enhances their overall experience. The welcoming atmosphere combined with the engaging performances creates a delightful outing for attendees seeking quality entertainment in mid-town.
Overall, the York Theatre Company Inc. enjoys positive recognition for its contributions to the arts community, consistently delivering a rewarding experience for both artists and audiences alike.
This AI summary has been generated from reviews found on Facebook.
Is York Theatre Company Inc legitimate?
York Theatre Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. York Theatre Company 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: $91,813
Professional Fundraising Fees: $0
Other Salaries and Wages: $925,598
For more financial information, click here
Official website here: www.yorktheatre.org
What is the mission statement of York Theatre Company Inc?
The York Theatre Company's mission is centered around fostering cultural advancement in the theatrical arts community and the public at large. They aim to promote and encourage the work of various artists, writers, and professionals in the fields of music, dance, and theatre. The company seeks to increase cooperation between these artists and provide a platform for the production and subsidization of various theatrical and musical productions. Furthermore, the York Theatre Company supports new musical theatre talent and provides opportunities for theatre education to students. Lastly, they strive to serve the community by presenting affordable musical theatre performances to underprivileged audiences.
Official website here: www.yorktheatre.org
Who is the CEO of York Theatre Company Inc?
Joan Ross Sorkin is the Chairman of York Theatre Company Inc.
Official website here: www.yorktheatre.org
What is the revenue of York Theatre Company Inc?
York Theatre Company Inc's revenue in 2022 was $1,405,836.
Official website here: www.yorktheatre.org
Who are the executives of York Theatre Company Inc and what are their salaries?
The average compensation at York Theatre Company Inc during 2022 was $13,213. There are 77 employees and 16 volunteers at York Theatre Company Inc.
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Official website here: www.yorktheatre.org
Where can I find the form 990 for York Theatre Company Inc?
York Theatre Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.yorktheatre.org
Learn more at the official website: www.yorktheatre.org
Mission Statement of York Theatre Company Inc
York Theatre Company Inc, a prominent organization in the theatrical arts community, is dedicated to fostering cultural advancement and encouraging growth in this field. Their mission is multifaceted, with four key objectives. Firstly, they serve as a birthplace for new, literate, intimate musicals, offering a platform for underappreciated gems from the past to be rediscovered. Secondly, they provide support for the creators of new musical theatre, acting as a showcase for new talent in various aspects of this art form. Thirdly, they offer hands-on theatre education opportunities to students, providing them with valuable practical experience. Lastly, they aim to serve the community by presenting free or low-cost musical theatre performances to under-served audiences, widening access to this art form. In essence, York Theatre Company Inc is committed to nurturing new talent, preserving theatrical heritage, and promoting the performing arts to a wider audience.
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Impact
August, 2024
The impact of the York Theatre Company Inc is significant in fostering, studying, and advancing the cultural development of the theatrical arts community and the public at large. By promoting and encouraging the work of various artists, playwrights, composers, and performers, the organization plays a crucial role in nurturing creativity and artistic expression within the performing arts industry. The company's productions, including new musicals and concert revivals, provide a platform for emerging and established talent to showcase their work and reach a broader audience.
Furthermore, the York Theatre Company's commitment to developing new musicals through its Developmental Reading Series contributes to the growth and evolution of the musical theater genre. By offering opportunities for writers to test and refine their work in front of an audience, the organization plays a vital role in supporting the next generation of musical theater creators. Overall, the York Theatre Company's mission to be a birthplace for new musicals, support creators, provide educational opportunities, and serve the community reflects its enduring impact on the artistic landscape of the performing arts.
This information is meant to be a general summary of York Theatre Company 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.
- Investment Income: $22
- Program Service Revenue: $226,919
- Gross Receipts: $1,457,346
Assets and Liabilities:
- Total Assets: $297,074
- Total Liabilities: $207,530
- Net Assets: $89,544
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Box office revenues
Revenue
$224,519
Theatre license fees
Revenue
$2,400
Organization Details
Founding Year
1990
Phone
(212) 935-5824Principal Officer
Joan Ross Sorkin
Main Address
4768 Broadway, New York, NY, 10034
Website
www.yorktheatre.orgNTEE Category
Code: A65Z - Arts
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