Overview
What is Crossroads Incorporated?
Crossroads Incorporated is a nonprofit organization situated in New Brunswick, New Jersey, specifically at 5 Elm Row. Its primary mission is to foster and support professional Black theatre, serving as a platform for artists to grow and hone their craft. By providing a professional environment, Crossroads Incorporated aims to educate the public and cultivate interest in this specific genre of theatre. The organization has a modest workforce of two dedicated individuals.
Official website here: www.crossroadstheatrecompany.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Crossroads Incorporated has received a Two-Star out of Four Star rating from Charity Navigator with an overall score of 70%. The organization demonstrates strong accountability and finance practices, evidenced by a perfect score in several areas including the majority of independent board members and the existence of essential policies. However, the absence of financial statements on the nonprofit's website negatively impacts transparency.
While Crossroads maintains an impressive program expense ratio of 61.26%, indicating that a significant portion of its expenses is directed towards its mission, the high liabilities to assets ratio at 272.85% raises concerns about financial stability. This factor significantly contributes to the organization's low rating and highlights potential risks in its financial management.
Overall, while Crossroads Incorporated shows strong governance and accountability practices, the issues with financial disclosures and stability suggest areas for improvement. Stakeholders are encouraged to consider these aspects when evaluating the nonprofit's effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Crossroads Incorporated legitimate?
Crossroads Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crossroads Incorporated 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: $196,065
Professional Fundraising Fees: $0
Other Salaries and Wages: $280,627
For more financial information, click here
Official website here: www.crossroadstheatrecompany.org
What is the mission statement of Crossroads Incorporated?
Crossroads Incorporated's mission is centered around providing a professional environment for artists in the Black theatre. This environment serves as a platform for these artists to develop and hone their skills. Additionally, the organization is committed to promoting interest in the theatre, acting as an educator in this regard. Crossroads Incorporated's activities often involve producing broadway-style productions that serve to educate, promote interest, and support the professional Black theatre community.
Official website here: www.crossroadstheatrecompany.org
What is the revenue of Crossroads Incorporated?
Crossroads Incorporated's revenue in 2024 was $1,079,123.
Official website here: www.crossroadstheatrecompany.org
Who are the executives of Crossroads Incorporated and what are their salaries?
The average compensation at Crossroads Incorporated during 2024 was $31,779. There are 15 employees and 1520 volunteers at Crossroads Incorporated.
Here are 7 key members and their salaries:
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Official website here: www.crossroadstheatrecompany.org
Where can I find the form 990 for Crossroads Incorporated?
Crossroads Incorporated's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.crossroadstheatrecompany.org
Learn more at the official website: www.crossroadstheatrecompany.org
Mission Statement of Crossroads Incorporated
Crossroads Incorporated is dedicated to establishing a conducive environment for artists in the black theatre community, enabling them to advance and hone their craft. The organization's primary objective is to foster and promote interest in the theatre, while simultaneously educating the public about professional black theatre. Crossroads Incorporated achieves this by producing and presenting Broadway-style performances that educate, promote, and support the professional black theatre scene.
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Impact
October, 2024
Crossroads Incorporated plays a vital role in fostering the growth and development of Black artists in the theater community. By providing a professional environment, the organization enables these artists to hone their craft and advance their careers. Through its productions, which are akin to Broadway-quality performances, Crossroads not only showcases the rich talents of Black performers but also engages the public in dialogues about the significance of Black theater. This commitment to education and promotion cultivates a deeper interest in the art form, supporting both the artists and the audiences they reach. As a result, Crossroads Incorporated contributes to the cultural landscape of New Brunswick, NJ, and beyond, enriching the local community with diverse artistic expressions and perspectives.
This information is meant to be a general summary of Crossroads Incorporated. 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 2024.
- Investment Income: $8
- Program Service Revenue: $107,800
- Gross Receipts: $1,079,123
Assets and Liabilities:
- Total Assets: $173,148
- Total Liabilities: $200,419
- Net Assets: -$27,271
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOX OFFICE
Revenue
$107,800
Organization Details
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