Overview
What is Target Margin Theater Inc?
Target Margin Theater Inc, located in Brooklyn, New York, is a nonprofit organization with a team of 53 individuals. Their primary focus is promoting cultural arts, achieved through annual theater productions and workshops. The organization has gained popularity for its theater-related events, which serve to enhance and educate the public about theater arts. Based at 232 52nd Street, this nonprofit continues to contribute to the cultural landscape of Brooklyn and beyond.
Official website here: www.targetmargin.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star Rating
Target Margin Theater Inc has received a solid Three-Star rating from Charity Navigator, reflecting its commitment to accountability and financial health. The organization scored well in several areas, including independent board oversight and the absence of material asset diversion, which indicates strong governance practices. However, the lack of a conflict of interest policy and whistleblower policy raises some concerns regarding transparency and risk management.
The charity's financial structure is robust, with a healthy program expense ratio of 73.86%, suggesting that the majority of its funds are directed towards its mission-related activities. Additionally, the organization's liabilities to assets ratio of 44.26% indicates a strong financial position, allowing for sustainable operations. Despite these strengths, the missing policies mentioned earlier could be improved to enhance overall accountability.
Overall, while Target Margin Theater Inc demonstrates good financial practices and governance, addressing the noted policy gaps would further strengthen its transparency and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Target Margin Theater Inc?
While Target Margin Theater Inc currently has no official ratings, the four reviews on Facebook hint at a positive reception. One user specifically describes their experience as an "incredible voyage," indicating that the performances or events offered by the theater resonate deeply with its audience.
Even with limited reviews, the enthusiasm expressed suggests that participants appreciate the unique and engaging nature of what Target Margin Theater has to offer. The language used implies a thoughtful and immersive experience, pointing towards the nonprofit's commitment to creativity and the performing arts.
Overall, it seems that those who have interacted with Target Margin Theater Inc leave with favorable impressions, hinting at a strong potential for future support and engagement from the community.
This AI summary has been generated from reviews found on Facebook.
Is Target Margin Theater Inc legitimate?
Target Margin Theater Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Target Margin Theater 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: $69,785
Professional Fundraising Fees: $0
Other Salaries and Wages: $351,949
For more financial information, click here
Official website here: www.targetmargin.org
What is the mission statement of Target Margin Theater Inc?
Target Margin Theater Inc's mission involves promoting cultural events through its annual theater productions and workshops. By staging plays and minor related programs, the organization seeks to enhance and educate the public about theater arts. Their productions, which are well-attended, serve as a platform to foster understanding and appreciation for theater arts. The purpose of these performances is to both entertain and instruct, providing a valuable cultural experience for the audience.
Official website here: www.targetmargin.org
Who is the CEO of Target Margin Theater Inc?
David Herskovits is the Artistic Director/Director of Target Margin Theater Inc.
Official website here: www.targetmargin.org
What is the revenue of Target Margin Theater Inc?
Target Margin Theater Inc's revenue in 2022 was $715,577.
Official website here: www.targetmargin.org
Who are the executives of Target Margin Theater Inc and what are their salaries?
The average compensation at Target Margin Theater Inc during 2022 was $7,957. There are 53 employees and 25 volunteers at Target Margin Theater Inc.
Here are 11 key members and their salaries:
- Compensation: $69,785
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Official website here: www.targetmargin.org
Where can I find the form 990 for Target Margin Theater Inc?
Target Margin Theater Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.targetmargin.org
Learn more at the official website: www.targetmargin.org
Mission Statement of Target Margin Theater Inc
Target Margin Theater Inc is dedicated to enriching cultural experiences through its annual theater productions and workshops. The organization's mission is to promote and celebrate the art of theater by producing thought-provoking plays and organizing educational workshops. These events aim to not only entertain audiences but also to foster a deeper understanding of theater arts. The widely attended shows served as a platform for both entertainment and education, allowing audiences to immerse themselves in the world of theater and gain a new appreciation for its power and impact. Through these productions and workshops, Target Margin Theater Inc plays a crucial role in preserving and promoting the art of theater, ensuring that it remains an essential part of our cultural landscape.
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Impact
October, 2024
Target Margin Theater Inc fosters a vibrant cultural landscape in Brooklyn, NY, through its yearly theater productions and workshops. By producing a diverse array of plays and related programs, the organization enhances public understanding and appreciation of theater arts. Its performances attract wide audiences, fostering community engagement and stimulating interest in the arts. The workshops provide valuable educational experiences, enabling individuals to explore their creativity and gain insights into the theatrical process. Through these efforts, Target Margin Theater Inc plays a significant role in enriching the local cultural scene and inspiring the next generation of artists and theater enthusiasts.
This information is meant to be a general summary of Target Margin Theater 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: $148
- Program Service Revenue: $59,325
- Gross Receipts: $715,577
Assets and Liabilities:
- Total Assets: $831,381
- Total Liabilities: $51,063
- Net Assets: $780,318
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRODUCTION FEES
Revenue
$31,865
RENTAL FEES
Revenue
$27,460
Organization Details
Founding Year
1991
Phone
(718) 398-3095Principal Officer
David Herskovits
Main Address
232 52ND STREET, BROOKLYN, NY, 11220
Website
www.targetmargin.orgNTEE Category
Code: A650 - Arts
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