Overview
What is Martha's Vineyard Playhouse Inc?
Martha's Vineyard Playhouse Inc, a nonprofit organization situated in Vineyard Haven, Massachusetts, operates year-round. It showcases a mix of contemporary and classic plays, nurturing and developing new works through staged readings, professional workshops, and world premieres. The organization's intimate Patricia Neal Stage and Marilyn Meyerhoff Lobby, both housed in their historic theater, serve as venues for various performances, including plays, musical revues, poetry cafes, art exhibits, movies, and more. Martha's Vineyard Playhouse is dedicated to inspiring, enriching, and entertaining the diverse community on the island, believing that theater has the power to transform lives. With a team of 53 dedicated individuals, the playhouse plays a significant role in the local arts scene.
Official website here: www.mvplayhouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Martha's Vineyard Playhouse Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in certain operational areas. While the organization excels in accountability and finance, scoring a perfect 100%, there are significant weaknesses in governance practices, specifically the absence of key policies such as conflict of interest, whistleblower, and document retention policies. This raises concerns about transparency and accountability within the organization.
The majority of the board members are independent, demonstrating a commitment to sound governance, which is a positive aspect of the organization’s structure. Additionally, the financial statements are well-audited, and there is no diversion of assets reported, which reflects strong financial management. However, the program expense ratio of 58.67% suggests that less than 60% of its expenses are directed towards program services, which might indicate that some funds are being allocated elsewhere.
In conclusion, while Martha's Vineyard Playhouse shows strength in financial accountability and board independence, it is essential for the organization to address its governance weaknesses to enhance its overall effectiveness and trustworthiness. Implementing the missing policies could significantly improve its rating in future assessments.
This AI summary has been generated from information found on Charity Navigator.
Is Martha's Vineyard Playhouse Inc legitimate?
Martha's Vineyard Playhouse Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Martha's Vineyard Playhouse 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: $98,807
Professional Fundraising Fees: $0
Other Salaries and Wages: $58,151
For more financial information, click here
Official website here: www.mvplayhouse.org
What is the mission statement of Martha's Vineyard Playhouse Inc?
Martha's Vineyard Playhouse Inc is a professional, non-profit theater organization dedicated to inspiring, enriching, and entertaining a diverse community. They believe in the transformative power of theater and strive to make an impact on people's lives. Year-round, they present a variety of contemporary and classic plays, nurture new plays through staged readings, professional workshops, and world premieres, and produce and present plays, musical revues, poetry cafes, art exhibits, movies, and more on their intimate Patricia Neal stage and Marilyn Meyerhoff lobby.
Official website here: www.mvplayhouse.org
Who is the CEO of Martha's Vineyard Playhouse Inc?
Susan Dickler is the Chairperson of Martha's Vineyard Playhouse Inc.
Official website here: www.mvplayhouse.org
What is the revenue of Martha's Vineyard Playhouse Inc?
Martha's Vineyard Playhouse Inc's revenue in 2022 was $1,355,110.
Official website here: www.mvplayhouse.org
Who are the executives of Martha's Vineyard Playhouse Inc and what are their salaries?
The average compensation at Martha's Vineyard Playhouse Inc during 2022 was $2,961. There are 53 employees and 12 volunteers at Martha's Vineyard Playhouse Inc.
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Official website here: www.mvplayhouse.org
Where can I find the form 990 for Martha's Vineyard Playhouse Inc?
Martha's Vineyard Playhouse Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mvplayhouse.org
Learn more at the official website: www.mvplayhouse.org
Mission Statement of Martha's Vineyard Playhouse Inc
Martha's Vineyard Playhouse Inc is a dedicated professional, non-profit working theater that aspires to inspire, enrich, and entertain its diverse island community. The organization firmly believes in the transformative power of theater, and its mission is centered around this belief. Martha's Vineyard Playhouse Inc operates year-round, presenting a variety of contemporary and classic plays. They also nurture and develop new plays through staged readings, professional workshops, and world premieres. Furthermore, they produce and present plays, musical revues, poetry cafes, art exhibits, movies, and other events on their intimate Patricia Neal stage and in their Marilyn Meyerhoff lobby, both located in their historic theater in downtown Vineyard Haven.
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Impact
October, 2024
Martha's Vineyard Playhouse Inc has a profound impact on the community by serving as a hub for cultural engagement and artistic expression. It presents a rich variety of contemporary and classic plays, fostering a love for the performing arts among residents and visitors alike. By offering staged readings, professional workshops, and world premieres, the Playhouse nurtures creativity and provides a platform for new voices in theater.
Its intimate settings, including the Patricia Neal Stage and Marilyn Meyerhoff Lobby, create a welcoming atmosphere where audiences can experience the transformative power of theater. Beyond performances, the Playhouse enriches the community through poetry cafes, art exhibits, and film screenings, creating a vibrant arts scene that brings people together.
By catering to a diverse audience, Martha's Vineyard Playhouse plays a crucial role in enhancing the cultural fabric of Vineyard Haven, inspiring individuals and fostering a deeper understanding of storytelling and the arts. Through its commitment to artistic excellence and community involvement, the Playhouse not only entertains but also enriches the lives of those it serves, proving that theater can indeed transform lives.
This information is meant to be a general summary of Martha's Vineyard Playhouse 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.
- Investment Income: $219
- Program Service Revenue: $126,160
- Gross Receipts: $1,355,110
Assets and Liabilities:
- Total Assets: $2,910,378
- Total Liabilities: $611,172
- Net Assets: $2,299,206
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$79,924
EDUCATION FEES
Revenue
$42,492
ART SALES
Revenue
$3,129
MERCHANDISE/CONCESSION
Revenue
$615
Organization Details
Founding Year
1982
Phone
(508) 693-6450Principal Officer
Susan Dickler
Main Address
PO BOX 2452, VINEYARD HAVEN, MA, 02568
Website
www.mvplayhouse.orgNTEE Category
Code: A65 - Arts
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