Overview
What is Playhouse Square Foundation?
The Playhouse Square Foundation, located at 1501 Euclid Ave 200 in Cleveland, Ohio, is a vibrant nonprofit organization dedicated to operating and sustaining a financially viable performing arts and entertainment center. Established with the aim to restore, renovate, and operate theaters and related properties, it presents and produces a diverse range of high-quality performing arts. In the fiscal year 2022, the Foundation welcomed approximately 661,000 guests to attend 980 performances across over 11 performance spaces with a near 10,000 capacity. Additionally, 17,000 students and teachers were engaged through Children's theater performances. The Foundation's purpose extends beyond arts, as it strives to create a theater district that serves as an excellent location for entertainment, business, and housing, thereby contributing to the economic vitality of the region.
Official website here: www.playhousesquare.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star Rating.
The Playhouse Square Foundation has achieved a high level of accountability and financial health, as evidenced by its impressive 96% score on Charity Navigator, which reflects a strong commitment to transparency and effective management. The foundation benefits from a majority independent board and robust financial oversight, ensuring a well-governed organization dedicated to its mission.
User reviews emphasize the positive impact of the Foundation’s services, particularly highlighting the responsiveness and caring nature of its volunteers. Attendees have praised the quality of performances and the accessibility measures in place, indicating a commitment to inclusivity. The foundation not only hosts a variety of Broadway shows but also engages the community through educational opportunities, enhancing its role in the cultural landscape.
While the feedback is overwhelmingly positive, continued attention to maintaining high volunteer standards and ensuring seamless accessibility could further enhance the overall experience for patrons. Nevertheless, the high program expense ratio indicates that a significant portion of funds is directed towards fulfilling its mission, reinforcing the foundation's reputation as a leader in the performing arts community.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Playhouse Square Foundation legitimate?
Playhouse Square Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Playhouse Square Foundation 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: $1,363,318
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,747,358
For more financial information, click here
Official website here: www.playhousesquare.org
What is the mission statement of Playhouse Square Foundation?
The Playhouse Square Foundation is a not-for-profit organization dedicated to presenting and producing a diverse range of high-quality performing arts. Its mission extends beyond the stage, aiming to advance arts education and foster a thriving theater district. By offering works of artistic excellence, the Foundation aims to enrich the lives of citizens and contribute to the economic vitality of the region. With the ability to present over 900 performances annually, attended by approximately 661,000 guests, and serving over 17,000 students and teachers through Children's theater, the Foundation's impact is significant and far-reaching. Its operations span over eleven performance spaces, accommodating nearly 10,000 guests.
Official website here: www.playhousesquare.org
Who is the CEO of Playhouse Square Foundation?
Patricia Gaul is the President/Ceo of Playhouse Square Foundation. The CEO's salary of Playhouse Square Foundation is $849,364 and their total compensation is $891,858.
Official website here: www.playhousesquare.org
What is the revenue of Playhouse Square Foundation?
Playhouse Square Foundation's revenue in 2022 was $68,025,435.
Official website here: www.playhousesquare.org
Who are the executives of Playhouse Square Foundation and what are their salaries?
The average compensation at Playhouse Square Foundation during 2022 was $18,603. There are 651 employees and 1450 volunteers at Playhouse Square Foundation.
Here are 72 key members and their salaries (Playhouse Square Foundation's CEO's salary is $849,364 and their total compensation is $891,858):
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- Other: $51,155
Official website here: www.playhousesquare.org
Where can I find the form 990 for Playhouse Square Foundation?
Playhouse Square Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.playhousesquare.org
Learn more at the official website: www.playhousesquare.org
Mission Statement of Playhouse Square Foundation
Playhouse Square Foundation, a renowned not-for-profit performing arts center, is committed to presenting and producing a vast array of quality artistic performances. The Foundation's primary mission is to enhance and develop the cultural scene by restoring, renovating, and managing various theaters and associated properties. By doing so, the organization aims to create a superior entertainment district that thrives in arts education, business, and housing, thereby strengthening the economic vitality of the region.
Playhouse Square Foundation is more than just a performing arts center; it is a vibrant hub of artistic excellence. Its purpose transcends mere entertainment, as it strives to provide a financially sustainable platform for a wide range of performances that cater to diverse audiences. The Foundation's commitment to arts education is reflected in its outreach programs, which welcome over 17,000 students and teachers each year to Children's theater performances.
The Foundation's impact is not limited to the stage. It manages over 11 performance spaces, each with a near 10,000 capacity, making it a significant player in the performing arts scene. With a rich history that began in Fiscal Year 2022 after the public gathering ban was lifted, the Foundation has presented an impressive 980 performances, entertaining approximately 661,000 guests annually. By providing a safe and accessible space for artistic expression, Playhouse Square Foundation continues to enrich its community and inspire countless individuals through the transformative power of live performances.
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Impact
October, 2024
Playhouse Square Foundation significantly enriches the cultural landscape of Cleveland by operating a dynamic performing arts and entertainment center. Its impact is evident through the restoration and renovation of historic theaters, creating a vibrant theater district that attracts visitors and enhances community engagement. In the fiscal year 2022 alone, the Foundation presented 980 performances, drawing approximately 661,000 attendees, thereby fostering a love for the arts in the community.
Additionally, the Foundation plays a vital role in arts education, with over 17,000 students and teachers participating in Children’s theater performances. By managing more than 11 performance spaces capable of accommodating nearly 10,000 guests, Playhouse Square not only serves as a hub for artistic excellence but also contributes to the region's economic vitality, making it a premier destination for entertainment and community development.
This information is meant to be a general summary of Playhouse Square Foundation. 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: $23,566
- Program Service Revenue: $44,144,584
- Gross Receipts: $68,166,960
Assets and Liabilities:
- Total Assets: $324,662,531
- Total Liabilities: $137,751,542
- Net Assets: $186,910,989
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Productions
Revenue
$37,075,203
Other Theatrical Revenue
Revenue
$3,113,791
Garage/Parking
Revenue
$2,566,110
Management Fees
Revenue
$771,947
Theatrical Rental
Revenue
$458,918
Organization Details
Founding Year
1973
Phone
(216) 771-4444Principal Officer
Patricia Gaul
Main Address
1501 Euclid Ave 200, Cleveland, OH, 441152197
Website
www.playhousesquare.orgNTEE Category
Code: A610 - Arts
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