Overview
What is Signature Theatre Company Inc?
Signature Theatre Company Inc, established in 1991 by James Houghton, is a renowned nonprofit organization situated in New York City, specifically at 480 WEST 42ND STREET. Led by Artistic Director Paige Evans and Executive Director Harold Wolpert, this Tony Award-winning organization boasts a Frank Gehry-designed space, the Pershing Square Signature Center, attracting hundreds of thousands of visitors annually. The center comprises three theaters, two rehearsal rooms, and expansive public lobby space. Signature Theatre Company Inc is committed to supporting playwrights, providing them with a creative home. They offer an extended commitment to a writer's body of work, producing several plays by each resident writer, aiming to deliver an intimate and immersive exploration of their unique vision. In line with their mission, they strive to make their programming affordable through Signature Access, ensuring that the barrier of cost does not prevent cultural participation. During the 2021-22 season, they offered subsidized tickets for the first five weeks of each production.
Official website here: www.signaturetheatre.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 86% (Three-Star out of Four Star rating)
Signature Theatre Company Inc has earned an 86% score, reflecting strong accountability and financial management. The organization boasts a fully independent board with 23 members, high scores for its conflict of interest and whistleblower policies, and no reported material diversion of assets. These factors contribute to its solid governance structure, indicating a commitment to transparency and ethical practices.
The nonprofit excels in its program expense ratio, dedicating a substantial portion of its budget to programs at 71.45%, which is a positive indicator of its focus on mission-driven work. Moreover, the organization has a strong working capital ratio, ensuring it has sufficient resources to meet its obligations over the next few years. This financial health is crucial for maintaining operations and supporting its artistic endeavors.
However, while the fundraising efficiency ratio is slightly lower at $0.23, it is still within an acceptable range, suggesting that the organization is effectively managing its fundraising efforts. Overall, Signature Theatre Company Inc demonstrates a strong commitment to accountability and effective financial practices, although there is room for improvement in its fundraising efficiency.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Signature Theatre Company Inc?
86% of 847 reviewers on Facebook recommend Signature Theatre Company Inc. Here is a summary of their reviews:
Many patrons express strong enthusiasm for the performances, with particular praise for the quality of the plays. One reviewer highlighted "Octet" as an exceptional production, indicating that the artistic offerings consistently meet high standards.
Overall, the audience appreciation suggests that Signature Theatre Company delivers engaging and memorable theatrical experiences, which keeps them coming back for more. The positive sentiment reflects a solid reputation for providing quality entertainment and artistic value.
This AI summary has been generated from reviews found on Facebook.
Is Signature Theatre Company Inc legitimate?
Signature Theatre Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Signature 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: $727,873
Professional Fundraising Fees: $76,806
Other Salaries and Wages: $4,092,800
For more financial information, click here
Official website here: www.signaturetheatre.org
What is the mission statement of Signature Theatre Company Inc?
Signature Theatre Company Inc is dedicated to championing playwrights and providing them with a creative home. The organization makes an extended commitment to a playwright's body of work, producing multiple plays by each resident writer, offering an intimate and immersive exploration into the playwright's unique vision. The company's 2021-22 season saw a return to in-person programming with a diverse group of celebrated writers, including productions by Anna Deavere Smith, Dominique Morisseau, and Samuel D. Hunter. Signature Theatre Company Inc also prioritizes arts accessibility by making its programming affordable to all, subsidizing tickets through their Signature Access initiative. This commitment aims to eliminate cost as a barrier to cultural participation, offering subsidized tickets for the first five weeks of each season production.
Official website here: www.signaturetheatre.org
Who is the CEO of Signature Theatre Company Inc?
Timothy J Mcclimon is the Chairman of Signature Theatre Company Inc.
Official website here: www.signaturetheatre.org
What is the revenue of Signature Theatre Company Inc?
Signature Theatre Company Inc's revenue in 2022 was $10,524,058.
Official website here: www.signaturetheatre.org
Who are the executives of Signature Theatre Company Inc and what are their salaries?
The average compensation at Signature Theatre Company Inc during 2022 was $12,204. There are 395 employees and 19 volunteers at Signature Theatre Company Inc.
Here are 23 key members and their salaries:
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Official website here: www.signaturetheatre.org
Where can I find the form 990 for Signature Theatre Company Inc?
Signature Theatre Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.signaturetheatre.org
Learn more at the official website: www.signaturetheatre.org
Mission Statement of Signature Theatre Company Inc
Signature Theatre Company Inc, established in 1991, is a renowned organization led by Artistic Director Paige Evans and Executive Director Harold Wolpert. Their mission, in essence, is to serve as a creative sanctuary for playwrights. By making an extended commitment to a writer's body of work, the company produces several plays by each resident writer, offering an intimate and immersive experience into their unique perspectives. This approach allows audiences to delve deep into the singular vision of each playwright, fostering a cultural community within the organization.
Signature Theatre Company Inc's mission extends beyond mere production. They aim to provide a supportive environment that allows playwrights to thrive and showcase their talent. By offering a range of resources, including three theatres, two rehearsal rooms, and a flexible space that can be converted into a 99-seat theatre, Signature Theatre Company Inc provides playwrights with the necessary tools to bring their visions to life. This holistic approach to nurturing talent and promoting artistic growth has made Signature Theatre Company Inc a prominent figure in the theatre industry.
In summary, Signature Theatre Company Inc's mission is to celebrate and support playwrights, offering them a creative home where they can develop and present their work. By making an extended commitment to each writer's body of work, the company provides an intimate and immersive experience for audiences, fostering a vibrant and dynamic cultural community.
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Impact
October, 2024
Signature Theatre Company Inc has significantly enriched New York's cultural landscape since its founding in 1991 by fostering a vibrant artistic community centered around the work of playwrights. Through its innovative programming at the Pershing Square Signature Center, the theater provides audiences access to diverse and dynamic storytelling, showcasing celebrated writers such as Lynn Nottage, Anna Deavere Smith, Dominique Morisseau, and Samuel D. Hunter.
The organization not only emphasizes the importance of playwright-driven narratives but also actively works to make the arts accessible to a wider audience. By facilitating affordable ticketing through initiatives like Signature Access, the theater seeks to remove financial barriers that often restrict cultural participation. During its 2021-22 season alone, the company offered over 25,000 subsidized tickets, highlighting its commitment to inclusivity and community engagement.
Signature Theatre's impactful presence is further enhanced by its architecturally striking Frank Gehry-designed space, which accommodates various productions and artistic endeavors, attracting hundreds of thousands of visitors each year. By dedicating itself to producing the works of resident playwrights and crafting meaningful artistic experiences, Signature Theatre strengthens the fabric of the theatrical community and contributes to the ongoing dialogue about the human experience through the lens of live performance.
This information is meant to be a general summary of Signature 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: $2,045
- Program Service Revenue: $1,062,213
- Gross Receipts: $10,643,842
Assets and Liabilities:
- Total Assets: $59,551,404
- Total Liabilities: $20,173,364
- Net Assets: $39,378,040
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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
$1,062,213
Organization Details
Founding Year
1991
Phone
(212) 967-1913Principal Officer
Timothy J Mcclimon
Main Address
480 WEST 42ND STREET, NEW YORK, NY, 10036
Website
www.signaturetheatre.orgNTEE Category
Code: A650 - Arts
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