Overview
What is Musicalfare Theatre Company Inc?
Musicalfare Theatre Company Inc, based in Buffalo, New York, is a dedicated nonprofit organization that delivers top-notch musical productions to the Western New York community. During the 2021-22 season, they showcased five musical theatre productions, drawing a total audience of 13,783 patrons to their Amherst mainstage. Their offerings extended beyond musical theatre, featuring nine cabaret performances by local, regional, and national artists, which were attended by 771 patrons. Despite cancellations due to COVID-19, such as the planned production in May 2022 at Shea's 710, Musicalfare Theatre Company Inc remains committed to providing affordable access to high-quality musical theatre productions to the public. Employing a team of 61 individuals, the company continues to enrich the cultural landscape of Western New York.
Official website here: www.musicalfare.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Musicalfare Theatre Company Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and finance practices. With a perfect score for independent board members and a robust audit oversight committee, the organization demonstrates a commitment to transparency and ethical governance.
The theater company showcases a high program expense ratio of 74.30%, indicating that a significant portion of its resources is directed towards fulfilling its mission. The absence of material diversion of assets further emphasizes its financial integrity, reassuring stakeholders of its effective use of funds.
While the ratings highlight numerous strengths, continuous improvement in outreach and engagement could enhance its community impact. Overall, Musicalfare Theatre Company Inc stands out as a well-managed nonprofit dedicated to its artistic contributions.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Musicalfare Theatre Company Inc?
94% of 93 reviewers on Facebook recommend Musicalfare Theatre Company Inc. Here is a summary of their reviews: The overwhelming sentiment is positive, with many attendees highlighting the enjoyable performances and talent showcased in the productions.
Particularly, praise was directed at specific actors, such as Joe Donohue, who received accolades for his portrayal of Jerry Lee Lewis. Reviewers appreciated the overall quality of the shows and the efforts of the entire cast and crew. The experience seems to resonate well with the audience, making it a favored choice for local theater enthusiasts.
In general, attendees express a strong sense of satisfaction with the theater’s offerings, underlining that Musicalfare Theatre Company delivers vibrant shows that engage and entertain its audiences effectively.
This AI summary has been generated from reviews found on Facebook.
Is Musicalfare Theatre Company Inc legitimate?
Musicalfare Theatre Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Musicalfare Theatre Company 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: $627,229
For more financial information, click here
Official website here: www.musicalfare.com
What is the mission statement of Musicalfare Theatre Company Inc?
The Musicalfare Theatre Company Inc is a professional organization committed to providing top-notch musical productions to the public in Western New York. Their mission is to bring high-quality musical theatre performances to the community, offering an affordable entertainment option. During the 2021-22 season, they produced five musical theatre productions and nine cabaret performances, catering to over 14,500 patrons. Despite the cancellation of a planned production due to COVID-19, Musicalfare Theatre Company Inc continues to uphold its mission by offering engaging musical theatre experiences to its audience.
Official website here: www.musicalfare.com
Who is the CEO of Musicalfare Theatre Company Inc?
Unavailable
Official website here: www.musicalfare.com
What is the revenue of Musicalfare Theatre Company Inc?
Musicalfare Theatre Company Inc's revenue in 2022 was $1,734,114.
Official website here: www.musicalfare.com
Who are the executives of Musicalfare Theatre Company Inc and what are their salaries?
The average compensation at Musicalfare Theatre Company Inc during 2022 was $10,282. There are 61 employees and 125 volunteers at Musicalfare Theatre Company Inc.
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Official website here: www.musicalfare.com
Where can I find the form 990 for Musicalfare Theatre Company Inc?
Musicalfare Theatre Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.musicalfare.com
Learn more at the official website: www.musicalfare.com
Mission Statement of Musicalfare Theatre Company Inc
Musicalfare Theatre Company Inc, a professional organization, is dedicated to bringing top-notch musical productions to the Western New York public. Their mission is to serve as a platform, providing high-quality musical entertainment to the community. During the 2021-22 season, they successfully produced five musical theatre productions that attracted 13,783 patrons to their mainstage in Amherst. Beyond this, they also organized nine cabaret performances featuring local, regional, and national cabaret artists, which were attended by 771 patrons at their premier cabaret. Despite the cancellation of their planned musical theatre production in May 2022 at Shea's 710 due to COVID-19, Musicalfare Theatre Company Inc continued to offer affordable tickets for its musical theatre productions, ensuring that quality entertainment remained accessible to the public.
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Impact
October, 2024
Musicalfare Theatre Company Inc. significantly enriches the cultural landscape of Western New York by delivering high-quality musical productions that engage and entertain a diverse audience. In the 2021-22 season alone, they produced five musical theatre productions, attracting nearly 14,000 patrons, and showcased nine cabaret performances featuring a blend of local and national talent. By consistently offering affordable tickets, the company ensures that access to the arts is available to a wide range of community members, fostering appreciation for musical theatre. Despite challenges like the COVID-19 pandemic, their commitment to maintaining a vibrant arts scene remains unwavering, contributing to the cultural vitality of the Buffalo area.
This information is meant to be a general summary of Musicalfare Theatre Company 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.
- Program Service Revenue: $570,960
- Gross Receipts: $1,757,242
Assets and Liabilities:
- Total Assets: $1,128,491
- Total Liabilities: $293,408
- Net Assets: $835,083
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SEASON TICKET SALES
Revenue
$274,199
THEATRE PRODUCTIONS
Revenue
$260,375
SPONSORSHIPS
Revenue
$32,476
GIFT CERTIFICATES
Revenue
$3,910
Organization Details
Founding Year
1994
Phone
(716) 839-8565Main Address
4380 MAIN STREET NO 123, BUFFALO, NY, 14226
Website
www.musicalfare.comNTEE Category
Code: A650 - Arts
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