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Freefall Theatre Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 264251761 ✦ Saint petersburg, FL ✦ Designated as a 501(c)(3)

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Overview

What is Freefall Theatre Inc?

Freefall Theatre Inc, a nonprofit based on art transformative pursuits, is headquartered with an unspecified location. They dedicate themselves to presenting both classic and contemporary works through mainstage productions and concerts. Their mission is to uplift and preserve cultural heritage, contributing to the community's enrichment. While specific details regarding their activities, schedule, or events are unavailable in the provided information, Freefall Theatre Inc is committed to utilizing art as a medium for transformation and legacy building.


Official website here: www.freefalltheatre.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, Two-Star out of Four Stars (Overall Score: 62%)

Freefall Theatre Inc has received a "Needs Improvement" rating, indicating significant areas that require attention, particularly in accountability and finance. While the organization benefits from an independent board and shows no material diversion of assets, it lacks essential policies such as a whistleblower and document retention policy, which raises concerns about governance practices.

Financially, Freefall Theatre has a program expense ratio of 61.33%, which suggests that a majority of its expenses are directed towards its charitable activities. However, the organization faces challenges with a liabilities to assets ratio of 126.98%, indicating potential financial strain. Additionally, the absence of its tax form on the website may hinder transparency for stakeholders.

Overall, Freefall Theatre Inc demonstrates some strengths in governance by maintaining a majority independent board and proper oversight mechanisms. Nevertheless, the organization must improve its financial stability and enhance its transparency and accountability practices to better serve its mission and reassure donors.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Freefall Theatre Inc?

94% of 592 reviewers on Facebook recommend Freefall Theatre Inc. Here is a summary of their reviews:

Many patrons express their enthusiasm for the productions offered, highlighting the impressive directorial skills of Eric Davis. Reviewers often mention feeling a deep connection to the performances, noting how productions like "Pippin" and "The Fantasticks" manage to transport them to another world. Comments frequently emphasize the blend of stellar direction and the exceptional talents of the actors, creating a magical experience that resonates with audiences on both an emotional and artistic level.

Overall, Freefall Theatre Inc is celebrated for its engaging performances and the joy it brings to theatergoers, who appreciate the opportunity to escape into the world of theater. The consistent praise showcases the organization's commitment to high-quality productions, affirming that it effectively delivers on its promise to entertain and inspire the community through the performing arts.


This AI summary has been generated from reviews found on Facebook.

Is Freefall Theatre Inc legitimate?

Freefall Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Freefall Theatre 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $619,755

For more financial information, click here


Official website here: www.freefalltheatre.com

What is the mission statement of Freefall Theatre Inc?

Freefall Theatre Inc, through its mission, utilizes art to transform, focusing on both classical and contemporary pieces. Their primary objective is to present mainstage productions and concerts, aiming to provide a sense of upliftment and contribute to cultural legacy. The company's activities are geared towards fostering personal growth and cultural preservation.


Official website here: www.freefalltheatre.com

Who is the CEO of Freefall Theatre Inc?

Craig Badinger is the Board Member of Freefall Theatre Inc.


Official website here: www.freefalltheatre.com

What is the revenue of Freefall Theatre Inc?

Freefall Theatre Inc's revenue in 2022 was $1,309,886.


Official website here: www.freefalltheatre.com

Who are the executives of Freefall Theatre Inc and what are their salaries?

The average compensation at Freefall Theatre Inc during 2022 was $15,891. There are 39 employees and 110 volunteers at Freefall Theatre Inc.


Here are 8 key members and their salaries:


Ed Lally (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Stephenson Sweeney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Sanders (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ann Cook (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Devin Jones (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Forchilli (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Iles (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert O'Brion (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.freefalltheatre.com

Where can I find the form 990 for Freefall Theatre Inc?

Freefall Theatre Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.freefalltheatre.com

Learn more at the official website: www.freefalltheatre.com

Mission Statement of Freefall Theatre Inc

Freefall Theatre Inc, a renowned organization, is dedicated to transforming through art. They achieve this mission by presenting classical and contemporary works on their mainstage productions and concerts. The primary goal of Freefall Theatre Inc is to uplift and leave a lasting cultural legacy. By offering a blend of timeless and innovative productions, they aim to inspire and captivate their audiences.

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Impact




October, 2024

Freefall Theatre Inc significantly enriches the cultural landscape of Saint Petersburg, Florida, by transforming the community through the power of art. By presenting a diverse array of classical and contemporary works, they provide audiences with engaging performances that inspire and uplift. Their mainstage productions and concerts not only showcase artistic talent but also contribute to a vibrant cultural legacy, fostering a deeper appreciation for the arts within the community. Through their commitment to creativity and excellence, Freefall Theatre Inc plays a vital role in enhancing the quality of life in the region, making art accessible and relevant for all.




This information is meant to be a general summary of Freefall Theatre 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.

Revenue
$1,309,886 (2022)
Expenses
$1,295,964 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$3,362
  • Program Service Revenue: $393,837
  • Gross Receipts: $1,316,981

Assets and Liabilities:

  • Total Assets: $523,873
  • Total Liabilities: $671,971
  • Net Assets: -$148,098

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Ticket sales

Revenue

$393,837

Organization Details

Founding Year

2009

Principal Officer

Craig Badinger

Main Address

6099 Central Ave, Saint Petersburg, FL, 33710

NTEE Category

Code: A65 - Arts

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