Overview
What is Arts Center And Theater Of Schenectady Inc?
The Arts Center and Theater of Schenectady Inc, commonly known as ACTS or Proctors, is a performing arts facility and cultural service provider based in Schenectady, New York. With a mission to enhance the quality of life in the greater Capital Region, Proctors presents an array of excellent performing arts events and serves as a hub for cultural activities. The organization restores and preserves the historic Proctor's Theatre while extending support to neighboring arts organizations through ticketing services and administrative functions. Acting as a catalyst for education, economic development, and civic engagement, Proctors maintains a workforce of 173 employees and provides essential heating and cooling to the downtown area.
Official website here: www.proctors.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Arts Center And Theater Of Schenectady Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. This high score reflects a commitment to transparency and responsible management of funds, with a particular emphasis on the organization’s independent governance and financial oversight.
The organization stands out for its fully independent board, which enhances its accountability. It has also demonstrated excellence in financial oversight, with no material diversion of assets reported and a commendable program expense ratio of 83.37%. Such metrics suggest that the majority of its funds are allocated directly towards fulfilling its mission.
While there are no significant limitations noted in the available data, the focus on financial practices highlights the organization’s commitment to operating with integrity and efficiency. Overall, the Arts Center And Theater Of Schenectady Inc appears to be well-managed and dedicated to its artistic and community goals.
This AI summary has been generated from information found on Charity Navigator.
Is Arts Center And Theater Of Schenectady Inc legitimate?
Arts Center And Theater Of Schenectady Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arts Center And Theater Of Schenectady 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: $492,831
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,754,766
For more financial information, click here
Official website here: www.proctors.org
What is the mission statement of Arts Center And Theater Of Schenectady Inc?
The Arts Center and Theater of Schenectady Inc, also known as ACTS, is a cultural hub dedicated to enriching the community through the arts. Its mission is to provide a diverse range of excellent performing arts events and restore and preserve a beautiful theater. ACTS aims to contribute to education, sustainable economic development, and civic engagement in the greater capital region. The organization serves as a catalyst for excellence in various sectors, providing heating and cooling to most of the downtown area and offering cultural services to neighboring arts organizations. From Broadway productions to intimate concerts, ACTS is a vibrant hub for arts and community events of all kinds.
Official website here: www.proctors.org
Who is the CEO of Arts Center And Theater Of Schenectady Inc?
Philip Morris is the CEO of Arts Center And Theater Of Schenectady Inc The CEO's salary of Arts Center And Theater Of Schenectady Inc is $353,600 and their total compensation is $365,010.
Official website here: www.proctors.org
What is the revenue of Arts Center And Theater Of Schenectady Inc?
Arts Center And Theater Of Schenectady Inc's revenue in 2023 was $25,845,296.
Official website here: www.proctors.org
Who are the executives of Arts Center And Theater Of Schenectady Inc and what are their salaries?
The average compensation at Arts Center And Theater Of Schenectady Inc during 2023 was $24,521. There are 214 employees and 500 volunteers at Arts Center And Theater Of Schenectady Inc.
Here are 48 key members and their salaries (Arts Center And Theater Of Schenectady Inc's CEO's salary is $353,600 and their total compensation is $365,010):
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- Other: $3,858
Official website here: www.proctors.org
Where can I find the form 990 for Arts Center And Theater Of Schenectady Inc?
Arts Center And Theater Of Schenectady Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.proctors.org
Learn more at the official website: www.proctors.org
Mission Statement of Arts Center And Theater Of Schenectady Inc
The Arts Center and Theater of Schenectady Inc, known as ACTS, is a leading performing arts facility and cultural service provider in the region. With a mission to catalyze excellence in education, sustainable economic development, and rich civic engagement, ACTS aims to enhance the quality of life in the greater capital region.
Through its diverse program of excellent performing arts events, ACTS offers a vibrant arts scene to the community. From Broadway productions to intimate concerts, ACTS is a hub for a variety of arts and community events. ACTS serves as a cultural center, providing a platform for organizations in the neighborhood by offering ticketing services and administrative functions.
Moreover, ACTS is dedicated to restoring and preserving the beautiful Proctor's Theatre. By serving as a catalyst for arts and community leadership, ACTS strives to contribute to the economic development and quality of life in the region. ACTS is not just a performing arts facility, but a living room for the community, providing heating and cooling to most of the downtown block. In essence, ACTS is a vital contributor to the arts and cultural landscape of the region, fostering a rich and engaging community experience.
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Impact
October, 2024
The Arts Center and Theater of Schenectady Inc. plays a pivotal role in enriching the cultural landscape of the Capital Region. By offering a diverse array of performing arts events, from touring Broadway productions to community gatherings like graduations and farmer's markets, it establishes a vibrant hub for artistic expression and community interaction.
The restoration and preservation of the historic Proctor's Theatre not only keeps an iconic venue alive but also enhances its status as a gathering place that fosters social connections and cultural appreciation. The venue acts as a catalyst for excellence in education and economic development, contributing significantly to the quality of life in the area.
By providing essential services like ticketing and administrative support to other local arts organizations, the Arts Center and Theater strengthens the overall cultural framework, promoting collaboration and resource-sharing among community entities. This synergy amplifies the impact of arts in the region, facilitating a thriving ecosystem that benefits artists, audiences, and local businesses alike.
Ultimately, the Arts Center and Theater of Schenectady serves as a dynamic cultural service provider, enhancing civic engagement and ensuring that the arts remain accessible and central to community life in Schenectady and beyond.
This information is meant to be a general summary of Arts Center And Theater Of Schenectady 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 2023.
- Investment Income: $191,973
- Program Service Revenue: $19,598,128
- Gross Receipts: $26,148,517
Assets and Liabilities:
- Total Assets: $54,959,110
- Total Liabilities: $19,951,399
- Net Assets: $35,007,711
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THEATRE TICKET REVENUES
Revenue
$19,014,415
Organization Details
Founding Year
1977
Principal Officer
Philip Morris
Website
www.proctors.orgNTEE Category
Code: A610 - Arts
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