Overview
What is Mabou Mines Development Foundation Inc?
Mabou Mines Development Foundation Inc, located in New York, is a nonprofit organization dedicated to fostering innovative and experimental theater. In the fiscal year 2023, they presented two productions and hosted programs for emerging artists, while developing numerous upcoming projects. Their repertoire includes reimagined classics and original works, resulting from collaborations with various contemporary artists, such as filmmakers, composers, and puppeteers. The foundation supports the next generation of artists through mentorship and residency programs, like their Resident Artist Program and SUITE/Space, which caters to under-represented communities. Notably, they premiered the new music theatre piece "Vicksburg Project" in early 2023.
Official website here: www.maboumines.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Mabou Mines Development Foundation Inc has received an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The charity's high score of 96% reflects its effective management practices and transparency. The foundation has an independent board with a majority of members, showcasing a robust governance structure that adheres to best practices in nonprofit management.
The organization excels in various financial metrics, including a program expense ratio of 78.70%, which signifies that a substantial portion of its resources is directed toward fulfilling its mission. Additionally, there are no material diversions of assets reported, further emphasizing its financial integrity and reliability. The presence of comprehensive policies such as a conflict of interest policy and a whistleblower policy demonstrates a commitment to ethical operations.
While the rating highlights significant strengths in governance and financial practices, it is essential for potential donors and stakeholders to consider the overall impact and effectiveness of the foundation's programs in achieving its mission. However, based solely on the financial accountability metrics provided, Mabou Mines Development Foundation Inc stands out as a trustworthy organization in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Mabou Mines Development Foundation Inc legitimate?
Mabou Mines Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mabou Mines Development Foundation 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: $150,527
Professional Fundraising Fees: $0
Other Salaries and Wages: $141,307
For more financial information, click here
Official website here: www.maboumines.org
What is the mission statement of Mabou Mines Development Foundation Inc?
Mabou Mines Development Foundation Inc is an artist-driven collective focused on experimental theater. They create original works and reinterpret classic plays through collaborations with various contemporary artists, including filmmakers, composers, writers, musicians, choreographers, puppeteers, and visual artists. The organization is committed to nurturing the next generation of artists, providing mentorship and residency programs such as the Resident Artist Program for emerging talents and SUITE/Space for under-represented artists. Their mission is to foster a diverse and innovative artistic community.
Official website here: www.maboumines.org
Who is the CEO of Mabou Mines Development Foundation Inc?
Sharon Fogarty is the President of Mabou Mines Development Foundation Inc.
Official website here: www.maboumines.org
What is the revenue of Mabou Mines Development Foundation Inc?
Mabou Mines Development Foundation Inc's revenue in 2023 was $890,059.
Official website here: www.maboumines.org
Who are the executives of Mabou Mines Development Foundation Inc and what are their salaries?
The average compensation at Mabou Mines Development Foundation Inc during 2023 was $7,680. There are 38 employees and 6 volunteers at Mabou Mines Development Foundation Inc.
Here are 10 key members and their salaries:
- Compensation: $75,930
- Related: $0
- Other: $2,200
- Compensation: $24,500
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- Other: $0
- Compensation: $21,000
- Related: $0
- Other: $0
- Compensation: $15,900
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.maboumines.org
Where can I find the form 990 for Mabou Mines Development Foundation Inc?
Mabou Mines Development Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.maboumines.org
Learn more at the official website: www.maboumines.org
Mission Statement of Mabou Mines Development Foundation Inc
Mabou Mines Development Foundation Inc is an artist-driven collective dedicated to pushing the boundaries of experimental theater. Their mission involves generating original works and reinterpreting classic stories through innovative collaborations with a diverse array of contemporary artists, including filmmakers, composers, writers, musicians, choreographers, puppeteers, and visual artists. The organization is committed to nurturing the next generation of artists, providing them with valuable mentorship and residency opportunities such as the Resident Artist Program for emerging talent and SUITE/Space for artists from under-represented communities. By fostering a creative and inclusive environment, Mabou Mines Development Foundation Inc aims to inspire and empower a new generation of artists, contributing to the rich tapestry of the performing arts world.
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Impact
October, 2024
Mabou Mines Development Foundation Inc significantly influences the arts landscape through its commitment to experimental theater and interdisciplinary collaboration. The collective fosters innovation by generating original works and re-imagining classic texts, allowing for diverse artistic expression. Their productions, such as the acclaimed *Mud/Drowning* by Maria Irene Fornes and the *Vicksburg Project*, highlight the synergy between theater, music, and social narratives, engaging audiences in profound storytelling.
The foundation plays a crucial role in nurturing emerging talent through its long-standing Resident Artist Program and SUITE/Space initiatives. These programs provide mentorship and support for artists from underrepresented communities, ensuring a vibrant pipeline of creativity and diverse voices in the arts. By hosting performances and developing new works, Mabou Mines not only contributes to the cultural richness of New York but also actively shapes the future of theater by bridging the gap between established and emerging artists. Through its innovative approach and dedication to collaboration, Mabou Mines continues to make a lasting impact on the artistic community.
This information is meant to be a general summary of Mabou Mines Development Foundation 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: $11
- Program Service Revenue: $243,309
- Gross Receipts: $890,059
Assets and Liabilities:
- Total Assets: $267,875
- Total Liabilities: $16,285
- Net Assets: $251,590
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Box office revenue
Revenue
$29,503
Co-production fees
Revenue
$65,000
Performance fees
Revenue
$42,000
Reimbursed expenses
Revenue
$104,316
Ticket handling revenue
Revenue
$2,490
Organization Details
Founding Year
1973
Phone
(212) 473-0559Principal Officer
Sharon Fogarty
Main Address
150 First Ave Second Floor, New York, NY, 10009
Website
www.maboumines.orgNTEE Category
Code: A650 - Arts
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