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Playhouse Theatre Group Inc

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

EIN: 264840125 ✦ West hartford, CT ✦ Designated as a 501(c)(3)

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Overview

What is Playhouse Theatre Group Inc?

Playhouse Theatre Group Inc, situated in West Hartford, Connecticut, is a nonprofit organization with a mission to deliver top-notch entertainment and educational opportunities. With a team of 130 dedicated individuals, they strive to make high-quality shows accessible to a wide audience while also offering educational programs and outreach for local artists and educators. Furthermore, they collaborate with other arts organizations to foster a thriving arts community.


Official website here: www.playhouseonpark.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 29%

Playhouse Theatre Group Inc has received a low rating of 29%, which translates to a Zero-Star out of Four Star rating. This score indicates significant concerns regarding the organization’s financial accountability and transparency. While the charity has maintained a fully independent board with a total of 17 members, it has not provided essential financial statements and lacks several critical policies, such as those regarding conflict of interest and whistleblower protections.

Despite having some strengths, such as no material diversion of assets and maintaining meeting minutes, the absence of financial documentation raises serious questions about its fiscal health. The liabilities to assets ratio is notably high at 309.36%, which suggests that the organization may be over-leveraged. Furthermore, a program expense ratio of 49.21% indicates that less than half of its expenditures are directed towards its programs, which may be a concern for potential donors.

Overall, while Playhouse Theatre Group Inc benefits from an independent board structure, the lack of transparency in financial reporting and compliance with governance best practices are significant weaknesses that need to be addressed for the organization to improve its rating and build trust with stakeholders.


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

Is Playhouse Theatre Group Inc legitimate?

Playhouse Theatre Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Playhouse Theatre Group 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: $65,106
Professional Fundraising Fees: $0
Other Salaries and Wages: $956,620

For more financial information, click here


Official website here: www.playhouseonpark.org

What is the mission statement of Playhouse Theatre Group Inc?

The Playhouse Theatre Group Inc's mission aims to offer high-quality entertainment to a wide audience at affordable prices. Additionally, it strives to offer educational and outreach opportunities for budding artists and educators within the community. Lastly, the group collaborates with other arts organizations to foster a thriving artistic landscape.


Official website here: www.playhouseonpark.org

Who is the CEO of Playhouse Theatre Group Inc?

Betsy Udal is the President of Playhouse Theatre Group Inc.


Official website here: www.playhouseonpark.org

What is the revenue of Playhouse Theatre Group Inc?

Playhouse Theatre Group Inc's revenue in 2023 was $1,388,344.


Official website here: www.playhouseonpark.org

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

The average compensation at Playhouse Theatre Group Inc during 2023 was $7,859. There are 130 employees at Playhouse Theatre Group Inc.


Here are 19 key members and their salaries:


Tracy L Flater (Executive Direc)
  • Compensation: $65,106
  • Related: $0
  • Other: $0
Ruth Van Winkle (1St Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gaetano Albini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paige Buade (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie Ellis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanna Engel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Fish (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Houlihan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Lattimer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Mangs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annie Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Selig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vin Sukhraj (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Udal (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Evans (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Bragg (Co-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Jakubowski (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Rubenstein (Co-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.playhouseonpark.org

Where can I find the form 990 for Playhouse Theatre Group Inc?

Playhouse Theatre Group Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.playhouseonpark.org

Learn more at the official website: www.playhouseonpark.org

Mission Statement of Playhouse Theatre Group Inc

Playhouse Theatre Group Inc is dedicated to providing high-quality entertainment at affordable prices, aiming to reach as wide an audience as possible. Beyond entertainment, the organization also offers opportunities for emerging and community artists and educators to grow and showcase their talents. Furthermore, Playhouse Theatre Group Inc collaborates with other arts organizations, fostering a network of artistic growth and development. By providing quality entertainment, educational classes, and outreach opportunities, Playhouse Theatre Group Inc contributes to the artistic landscape, nurturing both seasoned and budding talents.

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Impact




October, 2024

Playhouse Theatre Group Inc has a significant impact on the local community and the broader arts landscape by providing accessible, high-quality entertainment that caters to a wide audience. By focusing on affordability, it ensures that diverse groups can enjoy the performing arts, breaking down economic barriers to cultural engagement.

In addition to entertainment, the organization plays a crucial role in education and outreach. By offering opportunities for emerging artists and educators, it fosters talent development and supports the growth of the local arts community. Collaborative efforts with other arts organizations further enrich the cultural offerings in the area, creating a vibrant network of creativity and collaboration.

Overall, Playhouse Theatre Group Inc enriches West Hartford, CT, by promoting artistic expression, community involvement, and educational growth, making a lasting impact on both individuals and the community as a whole.




This information is meant to be a general summary of Playhouse Theatre Group 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
$1,388,344 (2023)
Expenses
$1,722,214 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $6,500
  • Program Service Revenue: $711,555
  • Gross Receipts: $1,388,344

Assets and Liabilities:

  • Total Assets: $55,942
  • Total Liabilities: $173,065
  • Net Assets: -$117,123

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Programs

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

Ticket sales

Revenue

$615,034

Class sales

Revenue

$96,521

Organization Details

Founding Year

2009

Principal Officer

Betsy Udal

Main Address

244 Park Road, West Hartford, CT, 061192040

NTEE Category

Code: A65 - Arts

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