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Soho Think Tank Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133908692 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Soho Think Tank Inc?

Soho Think Tank Inc, operating under the name New Ohio Theatre, is a nonprofit organization situated in Manhattan's West Village, New York. Their primary mission is to foster and bolster a vibrant, culturally varied community of independent theatre artists and companies. They achieve this by producing, presenting, and programming new work at their theater. This season, they supported three Archive Residency (AR) companies, presenting a variety of shows in their summer festival of new work. They also introduced new artists for 2022-23 and 2023-24, showcasing seven productions in seven weeks. Additionally, they hosted film festivals, brought in international performances, and provided a platform for early-works-in-progress.


Official website here: www.sohothinktank.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Stars)

Soho Think Tank Inc, operating as the New Ohio Theatre, has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's score is based entirely on a single beacon score, indicating an excellent level of transparency and responsible financial management.

The organization boasts a highly independent board, with 85% of its members being independent, alongside a small but effective board size of six members. It has received top marks in multiple areas, including having no material diversion of assets and comprehensive policies on conflict of interest and whistleblowing, which enhances its credibility and governance.

Financially, Soho Think Tank Inc is solid, with an impressive program expense ratio of 72.86%, indicating a significant portion of funds directed towards its mission. The organization also maintains a low liabilities-to-assets ratio of 18.80%, showcasing its financial stability. Overall, the nonprofit demonstrates a strong commitment to accountability and effective management practices.


This AI summary has been generated from information found on Charity Navigator.

Is Soho Think Tank Inc legitimate?

Soho Think Tank Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Soho Think Tank 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: $47,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.sohothinktank.org

What is the mission statement of Soho Think Tank Inc?

Soho Think Tank Inc, operating under the name New Ohio Theatre, is committed to fostering and strengthening a vibrant and culturally diverse community of independent theatre artists and companies. They achieve this by producing, presenting, and programming new theatrical works. The organization's primary location is in Manhattan's West Village. Their mission is to provide a platform for these artists to showcase their creations, thereby promoting innovation and diversity within the theatre community. The New Ohio Theatre regularly hosts various events and festivals, such as the Ice Factory summer festival, to showcase new work and provide opportunities for emerging artists. They also collaborate with other organizations to broaden their reach and promote access to theatre for diverse audiences.


Official website here: www.sohothinktank.org

Who is the CEO of Soho Think Tank Inc?

Robert Lyons is the Member/Artistic of Soho Think Tank Inc.


Official website here: www.sohothinktank.org

What is the revenue of Soho Think Tank Inc?

Soho Think Tank Inc's revenue in 2022 was $666,820.


Official website here: www.sohothinktank.org

Who are the executives of Soho Think Tank Inc and what are their salaries?


Here are 6 key members and their salaries:


Robert Lyons (Member/Artistic)
  • Compensation: $41,058
  • Related: $0
  • Other: $0
Margaret Grossman (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erich Jungwirth (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Dickey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vanessa Sparling (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maggie Weber (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sohothinktank.org

Where can I find the form 990 for Soho Think Tank Inc?

Soho Think Tank Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sohothinktank.org

Learn more at the official website: www.sohothinktank.org

Mission Statement of Soho Think Tank Inc

Soho Think Tank Inc Dba New Ohio Theatre is an organization dedicated to fostering, strengthening, and promoting a diverse community of independent theatre artists and companies. Their mission is accomplished by producing, presenting, and programming new works at their theatre located in Manhattan's West Village. They strive to nurture and support this community, providing a platform for their artistic expressions and fostering a culturally rich environment.

Throughout the year, Soho Think Tank Inc Dba New Ohio Theatre presents various productions, showcasing the talents of independent theatre companies. They offer residencies to emerging artists, providing them with resources and opportunities to develop their work. Furthermore, they host festivals like Ice Factory, a seven-week event showcasing new works, and the NYC Indie Theatre Film Festival, offering a platform for independent filmmakers. The theatre also presents works from international companies, such as Compagnie du Karos from Paris, as part of their New Ohio Presents program.

In addition to their performance offerings, Soho Think Tank Inc Dba New Ohio Theatre also supports the development of new works through initiatives like the Producers Club, now known as Now In Process. This program provides a space for early-stage works-in-progress, allowing artists to hone their craft and receive feedback from their peers. The theatre is committed to fostering a supportive and inclusive environment for independent theatre artists, helping them grow and thrive in their craft.

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Impact




July, 2024

Soho Think Tank Inc Dba New Ohio Theatre's impact lies in its commitment to nurturing, strengthening, and promoting an aesthetically and culturally diverse community of independent theatre artists and companies. By producing, presenting, and programming new work at the New Ohio Theatre in Manhattan's West Village, they provide a platform for innovative and diverse voices to be heard. Through initiatives like the Archive Residency program, the Ice Factory summer festival, and the NYC Indie Theatre Film Festival, they showcase a wide range of talent and support the development of new and cutting-edge work. Their dedication to fostering creativity and diversity in the arts contributes to the vibrant cultural landscape of New York City and beyond.




This information is meant to be a general summary of Soho Think Tank 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.

Revenue
$666,820 (2022)
Expenses
$516,427 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $40
  • Program Service Revenue: $273,871
  • Gross Receipts: $666,820

Assets and Liabilities:

  • Total Assets: $337,190
  • Total Liabilities: $43,343
  • Net Assets: $293,847

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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

$171,267

Theatre rental

Revenue

$84,904

Ticket handling fees

Revenue

$17,700

Organization Details

Founding Year

1996

Principal Officer

Robert Lyons

Main Address

154 CHRISTOPHER STREET 1D, NEW YORK, NY, 10014

NTEE Category

Code: A650 - Arts

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