Overview
What is Theatre Communications Group Inc?
Theatre Communications Group Inc, based in New York City, New York, serves as a crucial philanthropic partner in the theatre sector. Through various grant programs, it provides financial assistance to theatres, individual artists, and administrators, fostering opportunities for professional development and nurturing a new generation of practitioners. Some of their initiatives during the fiscal year 2022 include the Fox Foundation Resident Actor Fellowships, the Willa Kim Costume Design Scholarship, the Alan Schneider Director Award, the Rising Leaders of Color Program, and Thrive! Uplifting Theatres of Color, a multi-year program funded by the Doris Duke Charitable Foundation. Their mission is to foster a just and thriving theatre ecology, embodying communal leadership, accountability, and action, aiming to serve diverse communities and promote equity and justice within the field.
Official website here: www.tcg.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100% (Four-Star out of Four Star rating)
Theatre Communications Group Inc has achieved an impressive 100% rating from Charity Navigator, which reflects its strong performance in accountability and financial health. The organization boasts a majority independent board with 96% of its 24 members being independent, indicating a commitment to governance standards and transparency. Additionally, the charity has received perfect scores in various financial oversight areas, demonstrating effective management and a commitment to ethical operations.
The organization's financial ratios further illustrate its solid foundation, with a program expense ratio of 83.26%, ensuring that a significant portion of its funds goes directly to its mission. Furthermore, a low fundraising efficiency ratio of $0.11 indicates strong fundraising practices, allowing more funds to support programming rather than administrative costs. The working capital ratio of 0.99 years suggests that the organization is well-positioned to meet its short-term obligations.
While the overall data reflects a robust financial and governance structure, the summary does not indicate any specific programmatic achievements or challenges faced by the organization. However, the high level of accountability and transparency may lead to increased confidence among donors and stakeholders regarding the effective use of funds.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Theatre Communications Group Inc?
94% of 24 reviewers on Facebook recommend Theatre Communications Group Inc. Here is a summary of their reviews:
The overall sentiment regarding this nonprofit is quite positive, indicating strong community engagement and support for the theater arts. While some users seek additional resources and insights regarding the impact of theater on local communities, their requests suggest a desire to support and enhance the organization's mission rather than any dissatisfaction.
The organization appears to resonate well with its audience, reflecting the importance of theater in fostering community connection and cultural enrichment. The commitment to elevating theater arts is evident in the enthusiasm from supporters who are eager to contribute ideas and articles related to this cause.
This AI summary has been generated from reviews found on Facebook.
Is Theatre Communications Group Inc legitimate?
Theatre Communications Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Theatre Communications Group 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: $519,589
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,237,009
For more financial information, click here
Official website here: www.tcg.org
What is the mission statement of Theatre Communications Group Inc?
Theatre Communications Group Inc's mission is centered around fostering a just and thriving theatre ecosystem. This involves leading by example, promoting communication, accountability, and action within the community. They envision a movement that is sufficiently funded and committed, capable of serving diverse communities and advancing equity and justice. The term "theatre ecology" encompasses all individuals involved in the theatre field, including artists, administrators, students, educators, technicians, and trustees.
Official website here: www.tcg.org
Who is the CEO of Theatre Communications Group Inc?
Mary Teresa Eyring is the Chair of Theatre Communications Group Inc.
Official website here: www.tcg.org
What is the revenue of Theatre Communications Group Inc?
Theatre Communications Group Inc's revenue in 2022 was $6,761,151.
Official website here: www.tcg.org
Who are the executives of Theatre Communications Group Inc and what are their salaries?
The average compensation at Theatre Communications Group Inc during 2022 was $30,292. There are 91 employees and 23 volunteers at Theatre Communications Group Inc.
Here are 30 key members and their salaries:
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Official website here: www.tcg.org
Where can I find the form 990 for Theatre Communications Group Inc?
Theatre Communications Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tcg.org
Learn more at the official website: www.tcg.org
Mission Statement of Theatre Communications Group Inc
Theatre Communications Group Inc, a prominent entity in the theatre field, is committed to fostering a just and thriving theatre ecosystem. This mission encompasses three key aspects. Firstly, the group promotes communal leadership, emphasizing listening, accountability, and action. Secondly, they envision a movement that is well-funded, dedicated, and diverse enough to cater to the complex needs of various communities, while also advocating for equity and justice. Lastly, their concept of a theatre ecology extends to all individuals who contribute to the theatre sphere, including artists, administrators, students, educators, technicians, and trustees. By leading in this manner, Theatre Communications Group Inc aims to uplift and empower the theatre community as a whole.
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Impact
October, 2024
Theatre Communications Group Inc significantly influences the theatre landscape through its robust grant programs and initiatives that foster growth and connectivity among theatre professionals. By distributing grants to theatres and individuals, TCG contributes to the professional development of artists, administrators, and practitioners, ensuring that a diverse and vibrant community can thrive. Their targeted programs, such as the Rising Leaders of Color Program and THRIVE!, specifically aim to uplift underrepresented groups, advancing equity and inclusivity within the arts.
TCG's mission emphasizes communal leadership, accountability, and action, helping to reshape the theatre ecology into one that can more effectively serve multifaceted communities. This approach not only enriches the artistic landscape but also addresses critical social issues, promoting a just and thriving environment for all involved in the theatre sector. Through their initiatives, TCG plays a vital role in building connections, fostering collaboration, and supporting a new generation of theatre leaders, ultimately impacting the future of the performing arts.
This information is meant to be a general summary of Theatre Communications Group 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: $158,910
- Program Service Revenue: $667,326
- Gross Receipts: $8,038,976
Assets and Liabilities:
- Total Assets: $8,293,926
- Total Liabilities: $1,443,670
- Net Assets: $6,850,256
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADVERTISING
Revenue
$482,857
CONFERENCES
Revenue
$184,285
SUBSCRIPTIONS/PERIODICALS
Revenue
$184
Organization Details
Founding Year
1964
Phone
(212) 609-5900Principal Officer
Mary Teresa Eyring
Main Address
520 EIGHTH AVENUE 24 FL, NEW YORK, NY, 100184156
Website
www.tcg.orgNTEE Category
Code: A65 - Arts
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