Performing Arts Center Of Key West Inc

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

EIN: 201681971 ✦ Key west, FL ✦ Designated as a 501(c)(3)

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Overview

What is Performing Arts Center Of Key West Inc?

Performing Arts Center of Key West Inc, situated in Key West, Florida, is a nonprofit organization that operates the Tennessee Williams Theatre, an entity affiliated with the College of the Florida Keys. Their primary mission is to enrich the Florida Keys community by offering performing arts experiences. The organization's activities are primarily aimed at benefiting the College of the Florida Keys, making it an essential contributor to the cultural landscape of the region. The Tennessee Williams Theatre under their management serves as a platform for various performances, contributing to the entertainment and educational growth of the local population.


Official website here: www.twstages.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating

The Performing Arts Center of Key West Inc has received a 73% rating from Charity Navigator, indicating a need for improvement in their financial transparency and accountability practices. The organization excels in having a majority of independent board members and a solid program expense ratio, which reflects a commitment to directing resources towards their mission.

However, significant areas for concern include a complete lack of financial statements and shortcomings in policies related to whistleblowing and document retention. These deficiencies may affect stakeholders' confidence in the organization's governance and financial management. While the center performs well in specific aspects, addressing these limitations will be critical for enhancing its overall rating and public trust.


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

What do the Facebook reviews say about Performing Arts Center Of Key West Inc?

92% of 87 reviewers on Facebook recommend the Performing Arts Center Of Key West Inc. Here is a summary of their reviews:

Many attendees highlight the delightful experiences they’ve had at the venue, with particular emphasis on the quality of the productions and the welcoming atmosphere. Comments reflect a strong appreciation for the theater's charm and the performances that are consistently described as enjoyable and well-executed.

Overall, the sentiments are overwhelmingly positive, suggesting that the Performing Arts Center Of Key West Inc not only meets but exceeds the expectations of its audience, creating memorable cultural experiences.


This AI summary has been generated from reviews found on Facebook.

Is Performing Arts Center Of Key West Inc legitimate?

Performing Arts Center Of Key West Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Performing Arts Center Of Key West 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: $25,579
Professional Fundraising Fees: $0
Other Salaries and Wages: $157,404

For more financial information, click here


Official website here: www.twstages.com

What is the mission statement of Performing Arts Center Of Key West Inc?

The Performing Arts Center of Key West Inc is an organization that serves a mission to benefit the wider community. Specifically, it focuses on providing performing arts to its audience. In doing so, it operates the Tennessee Williams Theatre, which is an entity associated with the College of the Florida Keys. This organization's activities contribute to enriching the cultural landscape and entertainment opportunities for the community.


Official website here: www.twstages.com

Who is the CEO of Performing Arts Center Of Key West Inc?

Ann Reynolds is the President of Performing Arts Center Of Key West Inc.


Official website here: www.twstages.com

What is the revenue of Performing Arts Center Of Key West Inc?

Performing Arts Center Of Key West Inc's revenue in 2023 was $959,964.


Official website here: www.twstages.com

Who are the executives of Performing Arts Center Of Key West Inc and what are their salaries?


Here are 7 key members and their salaries:


Tom Clements (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Highsmith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Wood (Executive Director (Former)
  • Compensation: $25,579
  • Related: $0
  • Other: $0
Jean Carper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Hatch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Green (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Reynolds (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.twstages.com

Where can I find the form 990 for Performing Arts Center Of Key West Inc?

Performing Arts Center Of Key West Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.twstages.com

Learn more at the official website: www.twstages.com

Mission Statement of Performing Arts Center Of Key West Inc

The Performing Arts Center of Key West Inc is an organization whose activities primarily benefit the College of the Florida Keys. Their mission, in essence, is to provide performing arts to the wider Florida Keys community. This is achieved through their operation of the Tennessee Williams Theatre, an entity directly connected to the College of the Florida Keys. By doing so, the Performing Arts Center of Key West Inc contributes to the cultural enrichment of the region, offering a platform for artistic expression and entertainment.

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Impact




August, 2024

The Performing Arts Center Of Key West Inc, through its operation of the Tennessee Williams Theatre, plays a vital role in enriching the cultural landscape of the Florida Keys. By providing access to performing arts performances and events, the organization enhances the artistic and creative experiences available to the community. This not only contributes to the cultural vitality of Key West but also provides educational and entertainment opportunities for residents and visitors alike. The impact of the Performing Arts Center Of Key West Inc extends beyond entertainment, fostering a sense of community and providing a platform for artistic expression and growth.




This information is meant to be a general summary of Performing Arts Center Of Key West 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
$959,964 (2023)
Expenses
$984,364 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,850
  • Program Service Revenue: $509,348
  • Gross Receipts: $959,964

Assets and Liabilities:

  • Total Assets: $912,407
  • Total Liabilities: $154,149
  • Net Assets: $758,258

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Programs

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

TICKET SALES

Revenue

$301,353

PRODUCTION REVENUE

Revenue

$66,898

USER FEES

Revenue

$54,116

MERCHANDISE SALES

Revenue

$43,826

PROGRAM ADVERTISING IN

Revenue

$43,155

Organization Details

Founding Year

2002

Principal Officer

Ann Reynolds

Main Address

5901 COLLEGE ROAD, KEY WEST, FL, 33040

NTEE Category

Code: A61 - Arts

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