Overview
What is The Ritz Theater Company Inc?
The Ritz Theater Company Inc, situated in Haddon Township, New Jersey, is a nonprofit organization dedicated to engaging and enlightening the community through a range of musicals and plays. With a focus on both established works and innovative twists on classic properties, they aim to entertain and educate their audience. In addition to their mainstage series, they offer summer theatre camps, workshops, and outreach programs. The company is committed to nurturing aspiring actors at their early stages by providing challenging and diverse professional productions and quality on-stage training. Furthermore, their outreach program leverages the power of live theatre to promote education and awareness in the community. Operating with a team of 17 individuals, The Ritz Theater Company Inc is dedicated to making a significant impact in the world of theatre and education.
Official website here: www.ritztheatre.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating).
The Ritz Theater Company Inc has earned a high score of 96% from Charity Navigator, reflecting its strong commitment to accountability and financial health. With a substantial percentage of independent board members at 91%, the organization demonstrates robust governance practices, which enhance transparency and trust with stakeholders.
The financial oversight is commendable, as evidenced by a perfect score for their audit and oversight committee, and no material diversion of assets reported. Their program expense ratio of 75.47% indicates that a significant portion of their resources is directed towards fulfilling their mission, rather than administrative costs, which is a positive differentiator for potential donors.
Overall, while the organization shows strong financial management and governance, the rating suggests that it has a solid foundation for sustaining its operations and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is The Ritz Theater Company Inc legitimate?
The Ritz Theater Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ritz Theater 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: $70,591
Professional Fundraising Fees: $0
Other Salaries and Wages: $304,173
For more financial information, click here
Official website here: www.ritztheatre.org
What is the mission statement of The Ritz Theater Company Inc?
The Ritz Theater Company Inc's mission is centered around providing challenging and diverse professional productions, serving as a platform for nurturing aspiring actors at their initial stages. Their mission extends beyond stage performances, utilizing the power of live theater to educate the community. The company's outreach program plays a significant role in this, aiming to engage and inform through their productions. The mainstage series features a variety of musicals and plays, offering both established works and innovative twists to classic properties. Additionally, they offer summer theatre camps, workshops, and outreach programs to further engage with their community.
Official website here: www.ritztheatre.org
What is the revenue of The Ritz Theater Company Inc?
The Ritz Theater Company Inc's revenue in 2023 was $834,345.
Official website here: www.ritztheatre.org
Who are the executives of The Ritz Theater Company Inc and what are their salaries?
The average compensation at The Ritz Theater Company Inc during 2023 was $17,846. There are 21 employees and 35 volunteers at The Ritz Theater Company Inc.
Here are 14 key members and their salaries:
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Official website here: www.ritztheatre.org
Where can I find the form 990 for The Ritz Theater Company Inc?
The Ritz Theater Company Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ritztheatre.org
Learn more at the official website: www.ritztheatre.org
Mission Statement of The Ritz Theater Company Inc
The Ritz Theater Company Inc, a renowned organization, is committed to providing challenging and diverse professional productions and quality on-stage training. This mission serves to nurture aspiring actors at their entry level. The company's outreach program leverages the power of live theater to educate and engage the community, reaching beyond the stage to make a broader impact. Through their mainstage series of musicals and plays, they strive to entertain and educate the community, offering a wide variety of existing works and innovative twists to classic properties. Additionally, The Ritz Theater Company Inc offers summer theatre camps, workshops, and outreach programs to further engage and develop aspiring actors and theater enthusiasts.
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Impact
October, 2024
The Ritz Theater Company Inc significantly enriches the cultural landscape of Haddon Township, NJ, through its commitment to challenging and diverse professional productions. By staging a mainstage series of musicals and plays, the company not only entertains but also educates the community, offering a platform for both existing works and innovative interpretations of classic properties.
Their outreach programs harness the transformative power of live theater to engage local audiences and foster a deeper appreciation for the arts. Additionally, the company nurtures aspiring actors through high-quality on-stage training, providing opportunities for entry-level performers to hone their craft in a supportive environment. Summer theatre camps and workshops further extend these educational offerings, ensuring that participants of all ages can develop their skills and passion for the performing arts. Overall, The Ritz Theater Company Inc plays a vital role in promoting artistic expression, community engagement, and cultural education in the region.
This information is meant to be a general summary of The Ritz Theater 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 2023.
- Program Service Revenue: $591,307
- Gross Receipts: $834,345
Assets and Liabilities:
- Total Assets: $1,070,651
- Total Liabilities: $483,881
- Net Assets: $586,770
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$446,830
CAMP
Revenue
$101,010
CONCESSION
Revenue
$35,046
OTHER
Revenue
$8,421
Organization Details
Founding Year
1994
Principal Officer
Bruce Curless
Website
www.ritztheatre.orgNTEE Category
Code: A650 - Arts
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