Overview
What is Interact Inc?
Interact Inc, based in Philadelphia, Pennsylvania, serves as a dynamic theater platform, engaging more than 100 local artists and support staff. Their primary mission is to commission, develop, and produce contemporary plays that delve into the societal, political, and cultural issues of our time. By doing so, they aim to enhance the regional climate for new plays. Beyond stage productions, Interact Inc hosts educational workshops and residencies, focusing on conflict resolution, reaching out to over 1,000 students and community members in schools, colleges, and community centers. With a dedicated workforce of 23 individuals, Interact Inc plays a significant role in promoting thought-provoking art and fostering critical dialogue.
Official website here: www.interacttheatre.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Interact Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 88%. This indicates a strong performance in several key areas, particularly in accountability and finance where they scored 90%. The organization demonstrates transparency and effective governance, as evidenced by the high percentage of independent board members and the absence of material asset diversion.
The financial health of Interact Inc is commendable, with an impressive program expense ratio of 81.03%, meaning a significant portion of funds is directed toward its programs. Additionally, the organization benefits from robust financial oversight, evidenced by a fully functioning audit and oversight committee. Furthermore, the presence of conflict of interest and whistleblower policies showcases a commitment to ethical governance practices, though it is noted that a whistleblower policy is currently missing, which is a small concern.
In terms of equity practices, Interact Inc is actively implementing strategies to enhance equity within its operations and reported an equity strategies score of 87 out of 100. However, while the organization has strong performance metrics, ongoing improvement in governance policies could further bolster its standing. Overall, Interact Inc is a well-managed nonprofit with a strong focus on programmatic impact and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Interact Inc legitimate?
Interact Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Interact 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: $64,762
Professional Fundraising Fees: $0
Other Salaries and Wages: $237,786
For more financial information, click here
Official website here: www.interacttheatre.org
What is the mission statement of Interact Inc?
Interact Inc is a theater organization committed to exploring social, political, and cultural issues of the present era. Their primary focus is on commissioning, developing, and producing contemporary plays. This is done with the intention of enhancing the regional climate for new plays. Beyond stage productions, Interact Inc conducts educational workshops and residencies, focusing on conflict resolution in schools, colleges, and community centers. These initiatives reach over a thousand students and community members, providing opportunities for more than 100 local artists and support staff. The theater's mainstage productions and readings aim to engage a general public of 7,500 individuals.
Official website here: www.interacttheatre.org
Who is the CEO of Interact Inc?
Seth Rozin is the Board Member of Interact Inc.
Official website here: www.interacttheatre.org
What is the revenue of Interact Inc?
Interact Inc's revenue in 2022 was $934,707.
Official website here: www.interacttheatre.org
Who are the executives of Interact Inc and what are their salaries?
The average compensation at Interact Inc during 2022 was $13,154. There are 23 employees and 120 volunteers at Interact Inc.
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Official website here: www.interacttheatre.org
Where can I find the form 990 for Interact Inc?
Interact Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.interacttheatre.org
Learn more at the official website: www.interacttheatre.org
Mission Statement of Interact Inc
Interact Inc, a dedicated theater organization, is committed to exploring the social, political, and cultural issues of our time. Their primary mission is to commission, develop, and produce contemporary plays that delve into these pressing matters. By doing so, they aim to enhance the regional climate for new plays. Beyond this, Interact Inc also works towards improving the opportunities for local artists and support staff, offering them a platform through mainstage productions and readings of thought-provoking plays. Through their educational workshops and residencies, they focus on conflict resolution, reaching out to students and community members in schools, colleges, and community centers, thereby impacting over 1,000 individuals.
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Impact
October, 2024
Interact Inc plays a vital role in shaping the cultural landscape of Philadelphia by commissioning, developing, and producing contemporary plays that delve into pressing social, political, and cultural issues. Through thought-provoking mainstage productions and readings, the organization not only entertains but also stimulates critical conversations among audiences, reaching approximately 7,500 individuals.
The impact of Interact Inc extends beyond the stage, providing valuable work opportunities for over 100 local artists and support staff. This investment in the local arts community enhances the region's artistic fabric while empowering individuals to pursue their creative passions.
In addition to its theatrical contributions, Interact Inc actively engages with local schools, colleges, and community centers through educational workshops and residencies that emphasize conflict resolution. This outreach initiative benefits more than 1,000 students and community members, equipping them with essential skills and fostering a sense of collaboration and understanding within the community.
Overall, Interact Inc not only introduces innovative theatrical work to the public but also cultivates an environment that encourages dialogue, promotes local talent, and supports educational initiatives, thus making a significant impact on the cultural and social well-being of Philadelphia.
This information is meant to be a general summary of Interact 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.
- Program Service Revenue: $182,837
- Gross Receipts: $934,707
Assets and Liabilities:
- Total Assets: $2,335,100
- Total Liabilities: $391,421
- Net Assets: $1,943,679
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STAGE RENTALS
Revenue
$94,728
TICKET SALES
Revenue
$47,180
MEMBERSHIP SUBSCRIPTIONS
Revenue
$39,300
OTHER PROGRAM INCOME
Revenue
$1,629
Organization Details
Founding Year
1988
Phone
(215) 568-8079Principal Officer
Seth Rozin
Main Address
302 SOUTH HICKS STREET, PHILADELPHIA, PA, 19102
Website
www.interacttheatre.orgNTEE Category
Code: A650 - Arts
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