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Arc Stages Inc

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

EIN: 134161658 ✦ Pleasantville, NY ✦ Designated as a 501(c)(3)

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Overview

What is Arc Stages Inc?

Arc Stages Inc, situated in Pleasantville, New York, is a dedicated nonprofit organization that prioritizes community theatre, music, and arts education for children and teenagers. Committed to its mission, Arc Stages strives to ensure equal access to performing arts for the younger generation. They actively promote and deliver not-for-profit programs, focusing on fostering creativity, skill development, and artistic growth among young people.


Official website here: www.arcstages.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1 Star (50%)

Arc Stages Inc has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization has a low score of 50% in the Accountability & Finance category, which signals potential governance issues, particularly with a complete lack of independent board members and missing essential policies such as conflict of interest and whistleblower protection.

Despite these shortcomings, Arc Stages Inc does demonstrate some positive financial metrics, including a program expense ratio of 67.15%, which suggests that a majority of its funds are directed toward its programs rather than administrative costs. Additionally, the organization maintains a low liabilities to assets ratio of 5.77%, indicating a relatively sound financial position in terms of managing debts.

However, the absence of essential financial documents and policies raises red flags about transparency and governance. Without these critical elements in place, stakeholders may have concerns regarding the organization's overall effectiveness and commitment to ethical practices.


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

Is Arc Stages Inc legitimate?

Arc Stages Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arc Stages 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $159,127

For more financial information, click here


Official website here: www.arcstages.org

What is the mission statement of Arc Stages Inc?

Arc Stages Inc is dedicated to offering and advocating for not-for-profit community theatre, music, and arts education, with a particular focus on supporting children and teenagers. The organization is committed to promoting equal access to the performing arts for young individuals, operating in an unspecified location. Their mission is to provide a platform for artistic growth and expression, fostering creativity and talent in the next generation.


Official website here: www.arcstages.org

Who is the CEO of Arc Stages Inc?

Adam Cohen is the Chairperson of Arc Stages Inc.


Official website here: www.arcstages.org

What is the revenue of Arc Stages Inc?

Arc Stages Inc's revenue in 2022 was $717,490.


Official website here: www.arcstages.org

Who are the executives of Arc Stages Inc and what are their salaries?

The average compensation at Arc Stages Inc during 2022 was $22,732. There are 7 employees and 25 volunteers at Arc Stages Inc.


Here are 4 key members and their salaries:


Theresa Lant (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebekah Lee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claire Schiffman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Cohen (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.arcstages.org

Where can I find the form 990 for Arc Stages Inc?

Arc Stages Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.arcstages.org

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

Mission Statement of Arc Stages Inc

Arc Stages Inc, a not-for-profit organization, is dedicated to fostering and promoting community theatre, music, and arts education, with a particular focus on children and teenagers. Their mission is to make the performing arts accessible to young people, ensuring they have the opportunity to engage and grow within these creative realms. By providing not-for-profit programs, Arc Stages Inc aims to contribute to the development of these future artists and enthusiasts.

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Impact




October, 2024

Arc Stages Inc significantly enhances the cultural landscape of Pleasantville, NY, by providing vital opportunities for children and teens to engage with the performing arts. Through its community theatre and music programs, the organization fosters creativity, self-expression, and collaboration among young individuals, helping them develop valuable skills both on and off the stage.

By making arts education accessible, Arc Stages empowers youth to explore their talents, build confidence, and cultivate a sense of community. The organization plays a crucial role in nurturing the next generation of artists and performers, ensuring that the arts remain a vibrant part of the local culture. Through its commitment to inclusivity and education, Arc Stages not only enriches the lives of participants but also strengthens the overall community by promoting appreciation for the arts in everyday life.




This information is meant to be a general summary of Arc Stages 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
$717,490 (2022)
Expenses
$672,963 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $367,360
  • Gross Receipts: $717,490

Assets and Liabilities:

  • Total Assets: $608,126
  • Total Liabilities: $189,607
  • Net Assets: $418,519

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM FEES

Revenue

$282,328

TICKET SALES

Revenue

$49,094

PPP LOAN FORGIVENESS

Revenue

$34,977

GIFT SHOP/MERCHANDISE SALE

Revenue

$961

Organization Details

Founding Year

2001

Principal Officer

Adam Cohen

Main Address

147 WHEELER AVENUE, PLEASANTVILLE, NY, 10570

NTEE Category

Code: A25 - Arts

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