Overview
What is The Actors' Studio Inc?
The Actors' Studio Inc, situated in New York, New York, serves as a sanctuary for professional actors to advance their craft. Established at 432 W 44TH STREET, this nonprofit organization provides a space where actors can collaborate and critically evaluate each other's performances. Their primary mission is to foster an environment where actors can develop their talent and explore innovative approaches in creative theatre. The Actors' Studio Inc, with a dedicated workforce of nine individuals, offers sessions for members to hone their skills and engage in experimental theatre projects. Performances are open to the public, allowing the general public to engage with the creative process and witness the growth of these talented actors.
Official website here: www.theactorsstudio.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74% (Two-Star out of Four Stars)
The Actors' Studio Inc has received a Two-Star rating from Charity Navigator, primarily driven by its Accountability & Finance score. The organization has demonstrated strengths in governance, including a fully independent board with 35 members and no material diversion of assets. Additionally, the program expense ratio is favorable at 68.04%, indicating a substantial portion of funds is dedicated to its programs.
However, there are significant areas for improvement, particularly in transparency and governance policies. The organization lacks critical policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy, which have contributed to its overall rating. Furthermore, the absence of the tax form on the nonprofit's website and missing documentation related to board meeting minutes may indicate a need for greater transparency.
Overall, while The Actors' Studio Inc shows strengths in financial management and board independence, the gaps in governance policies highlight a need for enhanced accountability practices to improve its rating and trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Actors' Studio Inc?
100% of 16 reviewers on Facebook recommend The Actors' Studio Inc. Here’s a summary of what they’re saying:
Many reviewers express that the organization embodies a genuine community, emphasizing the familial atmosphere they experience within the studio. The audition process is noted to be merit-based, attracting individuals who are truly passionate about acting. Users appreciate the supportive environment, contrasting it positively with the more superficial portrayals of the acting world often seen in popular media.
Overall, the sentiments are overwhelmingly positive, with members feeling a strong connection to both the craft and the people involved. This nonprofit seems to not only deliver on its promise of fostering talent but also creates a nurturing space where actors can grow and thrive.
This AI summary has been generated from reviews found on Facebook.
Is The Actors' Studio Inc legitimate?
The Actors' Studio Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Actors' Studio 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: $202,549
Professional Fundraising Fees: $0
Other Salaries and Wages: $209,967
For more financial information, click here
Official website here: www.theactorsstudio.org
What is the mission statement of The Actors' Studio Inc?
The Actors' Studio Inc serves as a platform where professional actors can collaborate and further their abilities in the realm of creative theatre. Its mission is to provide an environment where actors can experiment with new forms of theatre, fostering mutual critiques of their work with fellow members. The studio offers sessions for actors to enhance their craft and engages the general public through performances.
Official website here: www.theactorsstudio.org
What is the revenue of The Actors' Studio Inc?
The Actors' Studio Inc's revenue in 2024 was $389,730.
Official website here: www.theactorsstudio.org
Who are the executives of The Actors' Studio Inc and what are their salaries?
The average compensation at The Actors' Studio Inc during 2024 was $51,564. There are 8 employees and 36 volunteers at The Actors' Studio Inc.
Here are 39 key members and their salaries:
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Official website here: www.theactorsstudio.org
Where can I find the form 990 for The Actors' Studio Inc?
The Actors' Studio Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.theactorsstudio.org
Learn more at the official website: www.theactorsstudio.org
Mission Statement of The Actors' Studio Inc
The Actors' Studio Inc serves as a sanctuary for professional actors, encouraging them to collaborate and further develop their skills in creative theatre. Its primary mission is to offer a platform where these actors can engage in collective work, experimenting with innovative forms of theatre performance. The studio facilitates sessions where members critically analyze and provide feedback on each other's performances, aiming to enhance their craft. These sessions are open to the general public, providing a unique opportunity for the public to witness the evolution of professional acting.
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Impact
July, 2024
The Actors' Studio Inc provides a valuable place for professional actors to continuously enhance their craft, collaborate, and experiment with new forms in creative theatre. By offering sessions for members to critique each other's work and opportunities to perform for the general public, The Actors' Studio Inc plays a significant role in fostering a supportive and innovative environment for actors in New York City. Through its mission to facilitate collaboration and talent development, The Actors' Studio Inc contributes to the growth and evolution of the arts industry, particularly in the realm of theatre.
This information is meant to be a general summary of The Actors' Studio 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 2024.
- Investment Income: $224,956
- Program Service Revenue: $44,015
- Gross Receipts: $389,730
Assets and Liabilities:
- Total Assets: $7,900,852
- Total Liabilities: $33,329
- Net Assets: $7,867,523
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BROADCAST INCOME
Revenue
$44,015
Organization Details
Founding Year
1947
Principal Officer
Robert E Wankel
Website
www.theactorsstudio.orgNTEE Category
Code: A03 - Arts
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