Overview
What is Mccarter Theatre Company?
Mccarter Theatre Company is a renowned performing arts center based in Princeton, New Jersey, with a mission to create exceptional theater and showcase distinguished artists. They are situated on the Princeton University campus and offer a multidisciplinary hub for arts and ideas, encompassing theater, music, dance, spoken word, virtual projects, and educational programs catering to all ages. Guided by values of justice and joy, Mccarter strives to enrich minds, broaden imaginations, and engage communities. Currently, the organization employs 182 individuals.
Official website here: www.mccarter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star Rating
The McCarter Theatre Company has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The organization scored 100% in all evaluated categories, demonstrating robust oversight and a clear commitment to transparency. The high percentage of independent board members and the absence of material diversions of assets further bolster its credibility.
Strengths of the organization include a solid program expense ratio of nearly 80%, indicating that the vast majority of its resources are allocated directly to programs and services, which is a positive sign for donors. Additionally, the presence of comprehensive policies regarding conflict of interest, whistleblower protections, and document retention underlines its commitment to governance and ethical practices.
While the ratings highlight the organization's strengths, there are no specific limitations or areas for improvement noted in the data. Overall, the McCarter Theatre Company's strong financial health and governance practices position it as a trustworthy nonprofit, making it a worthy candidate for donor support.
This AI summary has been generated from information found on Charity Navigator.
Is Mccarter Theatre Company legitimate?
Mccarter Theatre Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mccarter Theatre Company 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: $702,630
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,041,254
For more financial information, click here
Official website here: www.mccarter.org
What is the mission statement of Mccarter Theatre Company?
The Mccarter Theatre Company is known for its world-class performances and the presentation of distinguished artists. Based in the multi-disciplinary hub of arts and ideas, this renowned performing arts center offers theater, music, dance, spoken word, virtual projects, and educational programs for all ages. Guided by values of justice and joy, the company creates stories and experiences that enrich minds, broaden imaginations, and engage communities. Through its commitment to artistic excellence and community engagement, Mccarter Theatre Company continues to inspire and entertain.
Official website here: www.mccarter.org
Who is the CEO of Mccarter Theatre Company?
Sarah Rasmussen is the Artistic Director of Mccarter Theatre Company.
Official website here: www.mccarter.org
What is the revenue of Mccarter Theatre Company?
Mccarter Theatre Company's revenue in 2022 was $14,338,092.
Official website here: www.mccarter.org
Who are the executives of Mccarter Theatre Company and what are their salaries?
The average compensation at Mccarter Theatre Company during 2022 was $26,065. There are 182 employees at Mccarter Theatre Company.
Here are 39 key members and their salaries:
- Compensation: $347,774
- Related: $0
- Other: $37,936
- Compensation: $316,211
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- Other: $19,359
- Compensation: $126,667
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- Other: $10,767
- Compensation: $135,707
- Related: $0
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- Compensation: $117,980
- Related: $0
- Other: $16,981
- Compensation: $106,689
- Related: $0
- Other: $16,421
- Compensation: $111,215
- Related: $0
- Other: $6,781
- Compensation: $8,192
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Official website here: www.mccarter.org
Where can I find the form 990 for Mccarter Theatre Company?
Mccarter Theatre Company's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mccarter.org
Learn more at the official website: www.mccarter.org
Mission Statement of Mccarter Theatre Company
Mccarter Theatre Company, a renowned performing arts center, is dedicated to bringing world-class theater and renowned artists to engage and entertain the community. This esteemed organization, situated between New York City and Philadelphia, is a creative hub of arts and ideas. Mccarter offers a diverse range of productions, including theater, music, dance, spoken word, and virtual projects, catering to various age groups. With a commitment to values such as justice and joy, beauty in belonging, Mccarter's mission is to create stories and experiences that enliven minds, expand imaginations, and engage communities. Through its educational programs, Mccarter inspires and nurtures artists and audiences, fostering a love for the arts and a deeper understanding of the human condition.
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Impact
August, 2024
Mccarter Theatre Company plays a significant role in the cultural landscape by delivering world-class theatre and showcasing top-tier performing artists to engage and entertain the community. Through a diverse range of programs including theater, music, dance, spoken word, virtual projects, and educational initiatives for all ages, Mccarter serves as a vibrant hub of creative expression and artistic exploration. With a mission rooted in values of justice, joy, and inclusivity, Mccarter Theatre Company aims to spark imagination, foster connections, and enrich the lives of individuals while contributing to the broader cultural tapestry.
This information is meant to be a general summary of Mccarter Theatre Company. 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: $1,418,570
- Program Service Revenue: $2,989,088
- Gross Receipts: $14,540,960
Assets and Liabilities:
- Total Assets: $43,142,569
- Total Liabilities: $3,244,507
- Net Assets: $39,898,062
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$1,863,005
CO-PRODUCTION INCOME
Revenue
$332,655
RENTAL INCOME
Revenue
$278,766
PRODUCTION SHOP INCOME
Revenue
$266,968
TUITION INCOME
Revenue
$208,182
Organization Details
Founding Year
1960
Phone
(609) 258-6500Principal Officer
Sarah Rasmussen
Main Address
91 UNIVERSITY PLACE, PRINCETON, NJ, 08540
Website
www.mccarter.orgNTEE Category
Code: A610 - Arts
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