Overview
What is Teatro Circulo Ltd?
Teatro Circulo Ltd is a nonprofit organization situated in New York City, specifically at 64 East 4th Street APT 2nd Fl. Their primary objective is to promote theatrical and educational enrichment, primarily focusing on the works of Spanish and Pan-Latino playwrights, both contemporary and classical. They achieve this through a Mainstage Season featuring various award-winning plays, a national and international touring program, and a school program that engages students in learning about their heritage through workshops and performances. Furthermore, they offer professional master classes for artists led by renowned directors. With a mission to foster an appreciation of Latin American and Iberian cultures, Teatro Circulo Ltd employs a team of 18 individuals to fulfill its objectives.
Official website here: www.teatrocirculo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85%, Three-Star out of Four Stars
Teatro Circulo Ltd has earned a Three-Star rating with an overall score of 85%. This rating reflects strong performance in Accountability & Finance, particularly notable for its program expense ratio of 85.91%, indicating that the majority of funds are directed toward programs rather than administrative costs. The organization boasts a fully independent board, which enhances its governance and accountability.
However, there are areas for improvement, particularly in its policies. The absence of a conflict of interest policy, whistleblower policy, and document retention policy has been noted, which could raise concerns about organizational transparency and risk management. Additionally, while the financial statements are reviewed, the tax form is not posted on the nonprofit's website, which may limit accessibility for stakeholders.
On a positive note, Teatro Circulo Ltd excels in Cultural & Community engagement with a score of 97, showcasing its commitment to equity strategies. This indicates a robust focus on community issues and cultural representation, which aligns with its mission. Overall, while Teatro Circulo Ltd demonstrates strong financial governance and community involvement, addressing its policy gaps would further strengthen its operational integrity.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Teatro Circulo Ltd?
100% of 12 reviewers on Facebook recommend Teatro Circulo Ltd. Here is a summary of their reviews:
Enthusiastic audience members express a strong appreciation for the quality of performances, indicating that the productions are exceptional. The excitement for returning to enjoy more shows is evident in the feedback, showcasing a deep connection to the theater's offerings.
Overall, the sentiment surrounding Teatro Circulo Ltd is overwhelmingly positive, with attendees eagerly anticipating future performances and reiterating the high caliber of their experiences.
This AI summary has been generated from reviews found on Facebook.
Is Teatro Circulo Ltd legitimate?
Teatro Circulo Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Teatro Circulo Ltd 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: $217,005
Professional Fundraising Fees: $0
Other Salaries and Wages: $115,924
For more financial information, click here
Official website here: www.teatrocirculo.org
What is the mission statement of Teatro Circulo Ltd?
Teatro Circulo Ltd's mission is centered around introducing the public to renowned plays written by Spanish and Pan Latino playwrights, both contemporary and classical. The organization aims to foster an appreciation for the rich cultural heritage of Latin America and Iberia. They achieve this through various program areas. The mainstage season features award-winning classical, contemporary, and original plays. The company also has a national and international touring program, showcasing plays in classical competitions and bringing theater to communities lacking local access. Furthermore, Teatro Circulo Ltd engages students in learning about their heritage through workshops, visiting performances, and professional masterclasses led by renowned directors. The organization also offers professional development opportunities for emerging and established artists.
Official website here: www.teatrocirculo.org
Who is the CEO of Teatro Circulo Ltd?
Jose C Oliveras is the Founding Artistic Director of Teatro Circulo Ltd.
Official website here: www.teatrocirculo.org
What is the revenue of Teatro Circulo Ltd?
Teatro Circulo Ltd's revenue in 2022 was $708,911.
Official website here: www.teatrocirculo.org
Who are the executives of Teatro Circulo Ltd and what are their salaries?
The average compensation at Teatro Circulo Ltd during 2022 was $18,496. There are 18 employees at Teatro Circulo Ltd.
Here are 14 key members and their salaries:
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Official website here: www.teatrocirculo.org
Where can I find the form 990 for Teatro Circulo Ltd?
Teatro Circulo Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.teatrocirculo.org
Learn more at the official website: www.teatrocirculo.org
Mission Statement of Teatro Circulo Ltd
Teatro Circulo Ltd is committed to enlightening the public about the finest plays penned by Spanish and Pan Latino playwrights, both contemporary and classical. Their mission extends beyond just entertainment, as they aim to cultivate an appreciation for the wealth of Latin American and Iberian cultures. They achieve this through various program areas.
Their theatrical endeavors include a Mainstage Season, showcasing award-winning classical, contemporary, and original plays. This season is not limited to local audiences but reaches out to a national and international audience, touring these productions in competitions and communities that lack local theater access.
In addition to their Mainstage Season, Teatro Circulo Ltd also engages with schools, offering workshops and performances that help students connect with their heritage. These educational initiatives aim to inspire and enrich the learning experience of students, fostering a deeper understanding and appreciation of Latin American and Iberian cultures.
Furthermore, Teatro Circulo Ltd provides professional master classes for emerging and established artists, led by renowned directors. These classes offer a valuable opportunity for aspiring artists to learn from the best in the field and hone their craft. By offering such opportunities, Teatro Circulo Ltd is not only enriching the artistic community but also contributing to the development of future talent in the industry.
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Impact
July, 2024
Teatro Circulo Ltd's impact lies in its dedication to introducing the public to the best works of Spanish and Pan Latino playwrights, both contemporary and classical, and fostering an appreciation of the richness of Latin American and Iberian cultures. Through its Mainstage Season, national and international touring programs, school program, and professional master classes, Teatro Circulo Ltd provides theatrical and educational enrichment to diverse audiences in New York City and beyond. By showcasing award-winning plays, engaging students in their heritage, and offering training opportunities for emerging and established artists, Teatro Circulo Ltd plays a vital role in promoting cultural exchange and artistic excellence within the Spanish and Pan Latino communities.
This information is meant to be a general summary of Teatro Circulo Ltd. 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.
- Program Service Revenue: $96,394
- Gross Receipts: $708,911
Assets and Liabilities:
- Total Assets: $289,339
- Total Liabilities: $52,257
- Net Assets: $237,082
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Theater/rehearsal space revenue
Revenue
$29,019
Box Office
Revenue
$27,972
Miscellaneous income
Revenue
$14,369
Workshop fees
Revenue
$1,075
Department of the Treasury - ERC Employee Retention Credit
Revenue
$23,959
Organization Details
Founding Year
1994
Phone
(212) 505-1808Principal Officer
Jose C Oliveras
Main Address
64 East 4th Street APT 2nd Fl, New York, NY, 10001
Website
www.teatrocirculo.orgNTEE Category
Code: A60 - Arts
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