Overview
What is The Wilma Theater?
The Wilma Theater, situated in Philadelphia, Pennsylvania, is a renowned nonprofit organization with a focus on theatrical production. Employing a team of 85 individuals, the company is dedicated to fostering collaboration between artists and engaging audiences in thought-provoking reflections on modern life's complexities. Their mission is to deliver bold, innovative, and well-crafted productions, showcasing a diverse range of voices, viewpoints, and artistic styles. The Wilma Theater's activities extend beyond the stage, offering workshops and programs that cultivate artistic growth. Their headquarters can be found at 265 South Broad Street in Philadelphia, Pennsylvania.
Official website here: www.wilmatheater.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Wilma Theater has received a commendable Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization excels in governance, with a fully independent board and comprehensive oversight measures in place. This reflects positively on its transparency and commitment to ethical practices, as evidenced by the absence of material diversions of assets and the presence of key policies like conflict of interest and whistleblower protections.
Financially, The Wilma Theater demonstrates a solid foundation, with low liabilities and a healthy working capital ratio. However, while its program expenses account for 62.25% of its total expenditures, this metric may suggest room for improvement in allocating funds directly towards its core mission. Overall, the organization shows a strong commitment to effective financial management, which is crucial for sustainability.
Despite these strengths, potential donors and stakeholders might consider the program expense ratio as a point of further inquiry to ensure their contributions directly support the theater's programming and outreach efforts. Nonetheless, The Wilma Theater's overall financial health and governance practices are commendable, positioning it as a responsible nonprofit in the arts sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Wilma Theater legitimate?
The Wilma Theater is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wilma Theater 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: $291,425
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.wilmatheater.org
What is the mission statement of The Wilma Theater?
The Wilma Theater's mission is to foster living, adventurous art that encourages creative reflection on contemporary life. They engage artists and audiences in thought-provoking discussions by presenting original, well-crafted productions that reflect a diverse range of voices, viewpoints, and styles. The theater company encourages collaborative artist initiatives and offers theater workshop programs to further engage with the community.
Official website here: www.wilmatheater.org
What is the revenue of The Wilma Theater?
The Wilma Theater's revenue in 2023 was $2,896,514.
Official website here: www.wilmatheater.org
Who are the executives of The Wilma Theater and what are their salaries?
The average compensation at The Wilma Theater during 2023 was $2,052. There are 142 employees at The Wilma Theater.
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Official website here: www.wilmatheater.org
Where can I find the form 990 for The Wilma Theater?
The Wilma Theater's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wilmatheater.org
Learn more at the official website: www.wilmatheater.org
Mission Statement of The Wilma Theater
The Wilma Theater, a renowned theatrical production organization, is committed to creating thought-provoking and adventurous art. Their mission is to engage both artists and audiences in a reflective journey, exploring the complexities of contemporary life. The company prides itself on presenting a diverse array of voices, viewpoints, and styles, showcasing bold, original, and meticulously crafted productions. By doing so, The Wilma Theater aims to stimulate intellectual discourse and foster a sense of connection among its audience members. Additionally, the organization collaborates with artists and offers theater workshop programs, providing a platform for creative growth and artistic development.
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Impact
October, 2024
The Wilma Theater significantly enriches Philadelphia's cultural landscape by producing bold, original theatrical works that challenge and engage audiences. Through its collaborative approach, the theater fosters partnerships among artists, facilitating a creative environment that encourages innovative storytelling and the exploration of contemporary issues. By presenting diverse voices and perspectives, The Wilma Theatre not only reflects the complexities of modern life but also invites thoughtful dialogue and community engagement. Its commitment to imaginative reflection drives both artistic excellence and audience connection, contributing to a vibrant arts scene in the city and enhancing the overall cultural fabric of Philadelphia.
This information is meant to be a general summary of The Wilma Theater. 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: $177,405
- Program Service Revenue: $287,415
- Gross Receipts: $2,956,853
Assets and Liabilities:
- Total Assets: $6,108,529
- Total Liabilities: $294,641
- Net Assets: $5,813,888
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$267,865
THEATER SCHOOL
Revenue
$19,550
Organization Details
Founding Year
1973
Principal Officer
Leigh Goldenberg
Website
www.wilmatheater.orgNTEE Category
Code: A650 - Arts
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