Overview
What is Circuit Playhouse Inc?
Circuit Playhouse Inc, based in Memphis, Tennessee, serves as a vital cultural pillar for the community. As a nonprofit organization, its primary objective is to provide professional theatrical performances, undertaking 14 productions annually. The organization's mission is twofold: first, to present a diverse range of theatrical works that cater to various audience preferences; second, to create a nurturing artistic environment where artists can hone their skills, showcase their talents, and share their art with the community. Circuit Playhouse Inc goes beyond the stage, ensuring accessibility and inclusivity through outreach programs. These initiatives make their productions accessible to all, regardless of their financial means, thereby fostering a shared appreciation for theatrical arts within the Memphis community. With a dedicated workforce of 39 individuals, Circuit Playhouse Inc plays an essential role in enriching the local cultural landscape.
Official website here: www.playhouseonthesquare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Circuit Playhouse Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and finance management. The rating reflects that the organization is dedicated to maintaining transparency and effective governance, with all board members being independent, and a strong audit and oversight structure in place.
The nonprofit boasts an impressive program expense ratio of 69.43%, demonstrating that a significant portion of its resources is directed towards its mission-related activities. The organization has policies in place for conflict of interest, whistleblower protection, and document retention, all of which contribute to its overall accountability and ethical management.
While there are no notable weaknesses highlighted in the rating, the all-around high scores across various financial metrics suggest that Circuit Playhouse Inc is well-managed and should be viewed positively by donors and stakeholders looking for a reliable nonprofit to support.
This AI summary has been generated from information found on Charity Navigator.
Is Circuit Playhouse Inc legitimate?
Circuit Playhouse Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Circuit 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: $87,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,489,374
For more financial information, click here
Official website here: www.playhouseonthesquare.org
What is the mission statement of Circuit Playhouse Inc?
Circuit Playhouse Inc's mission is centered around producing a diverse range of theatrical performances for the community. They aim to provide a supportive artistic environment where artists can refine their skills and showcase their talents. Moreover, they strive to make their productions accessible to everyone, regardless of financial means, through various outreach and educational programs. The organization's primary purpose is to enrich the community through professional theater, undertaking 14 productions each season.
Official website here: www.playhouseonthesquare.org
Who is the CEO of Circuit Playhouse Inc?
Zach Ferguson is the Board Member of Circuit Playhouse Inc.
Official website here: www.playhouseonthesquare.org
What is the revenue of Circuit Playhouse Inc?
Circuit Playhouse Inc's revenue in 2023 was $2,713,843.
Official website here: www.playhouseonthesquare.org
Who are the executives of Circuit Playhouse Inc and what are their salaries?
The average compensation at Circuit Playhouse Inc during 2023 was $40,420. There are 39 employees and 50 volunteers at Circuit Playhouse Inc.
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Official website here: www.playhouseonthesquare.org
Where can I find the form 990 for Circuit Playhouse Inc?
Circuit Playhouse Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.playhouseonthesquare.org
Learn more at the official website: www.playhouseonthesquare.org
Mission Statement of Circuit Playhouse Inc
Circuit Playhouse Inc is committed to creating and presenting a diverse range of theatrical productions that resonate with the Memphis community. Their mission is twofold: firstly, they aim to provide a nurturing artistic environment where artists can hone their skills, showcase their talents, and collaborate with one another. Secondly, they strive to make these productions accessible to all, regardless of financial means, through outreach programs and educational activities. By undertaking 14 productions each season, Circuit Playhouse Inc enriches the cultural landscape of the Memphis community, offering a platform for local and international artists to engage with audiences and share their stories.
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Impact
October, 2024
Circuit Playhouse Inc significantly enriches the Memphis community through its dedication to theatrical performance and artistic development. By producing a diverse repertoire of challenging works, it not only entertains but also engages audiences in meaningful conversations and reflections on various cultural and social themes.
The organization serves as a nurturing artistic home for local talent, offering artists a platform to hone their craft and showcase their abilities. This commitment to fostering artistic growth stimulates the local creative economy and strengthens community ties.
In addition to its performances, Circuit Playhouse prioritizes accessibility and outreach, ensuring that all individuals, regardless of financial circumstances, can experience the power of theater. This inclusive approach breaks down barriers to the arts, promoting a sense of belonging and community engagement. Educational initiatives further extend the organization's impact, providing workshops and programs that inspire the next generation of artists and theatergoers.
Overall, Circuit Playhouse Inc plays a vital role in the cultural landscape of Memphis, enhancing the community's artistic expression while making the arts accessible to a wider audience.
This information is meant to be a general summary of Circuit 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 2023.
- Investment Income: $126,837
- Program Service Revenue: $991,167
- Gross Receipts: $2,730,033
Assets and Liabilities:
- Total Assets: $15,787,593
- Total Liabilities: $111,004
- Net Assets: $15,676,589
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOX OFFICE
Revenue
$370,614
SUBSCRIPTIONS
Revenue
$188,582
FACILITIES
Revenue
$170,407
UPTA
Revenue
$123,672
ACTING CLASSES
Revenue
$71,945
Organization Details
Founding Year
1969
Phone
(901) 725-0776Principal Officer
Zach Ferguson
Main Address
66 SOUTH COOPER, MEMPHIS, TN, 38104
Website
www.playhouseonthesquare.orgNTEE Category
Code: A65Z - Arts
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