Overview
What is Studio Players Inc?
Studio Players Inc. is a 70-year-old non-profit community theater organization, established in 1952, located in Lexington, Kentucky. Their mission is to entertain the community with diverse live performances, ranging from classic to contemporary plays. They celebrate accessibility by keeping ticket prices affordable, and their success is sustained through volunteer contributions and ticket sales. The organization celebrated its 70th anniversary during the 2022-2023 season, reporting improved attendance as COVID-19 concerns dwindled. During this period, Studio Players Inc. offered season tickets for the first time in three years, resulting in a total attendance of 4,613, averaging 87 attendees per show in a 120-seat theater.
Official website here: www.studioplayers.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Studio Players Inc has received a solid Three-Star rating from Charity Navigator, indicating a moderate level of performance in the charity sector. The rating is derived entirely from its Accountability & Finance score, reflecting the organization's commitment to financial health and transparency. The charity scored exceptionally well in areas such as having a majority of independent board members and no material diversion of assets.
However, there are notable weaknesses in the governance practices of Studio Players Inc. While the organization excels in financial metrics, it lacks essential policies like a conflict of interest policy, whistleblower policy, and document retention policy, which may raise concerns about its governance structure and operational transparency. These missing elements could impact stakeholder confidence and overall organizational effectiveness.
Overall, while Studio Players Inc demonstrates strong financial management and a dedicated board, addressing its governance weaknesses will be crucial for enhancing its trustworthiness and operational integrity within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Studio Players Inc?
96% of 57 reviewers on Facebook recommend Studio Players Inc. Here is a summary of their reviews: Many patrons highlight the quality of the performances, particularly praising the acting ensemble. One review specifically commended the actress portraying the mother for her outstanding work, reflecting a strong appreciation for the talent showcased in their productions.
Overall, the sentiment towards Studio Players Inc is highly positive, with attendees expressing satisfaction with the quality of the plays presented. The enthusiastic support from the community signals that this nonprofit effectively connects with its audience through compelling performances and skilled actors.
This AI summary has been generated from reviews found on Facebook.
Is Studio Players Inc legitimate?
Studio Players Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Studio Players 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: $3,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.studioplayers.org
What is the mission statement of Studio Players Inc?
Studio Players Inc, as a non-profit organization, is committed to entertaining their community with high-quality live theatre. They offer a diverse range of shows from renowned playwrights, catering to various interests. Moreover, the organization provides opportunities for volunteers to engage in all facets of live theatre. Their mission is to present theatrical performances at an affordable price point, relying solely on paid admissions and donations as sources of revenue. Over the years, they have managed to maintain a considerable volunteer base, which helps in keeping admission costs low. Studio Players Inc celebrated its 70th anniversary during the 2022-2023 season, witnessing an improvement in attendance as concerns about Covid exposure decreased.
Official website here: www.studioplayers.org
Who is the CEO of Studio Players Inc?
David Bratcher is the Treasurer of Studio Players Inc.
Official website here: www.studioplayers.org
What is the revenue of Studio Players Inc?
Studio Players Inc's revenue in 2023 was $109,665.
Official website here: www.studioplayers.org
Who are the executives of Studio Players Inc and what are their salaries?
Here are 11 key members and their salaries:
- Compensation: $750
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $200
- Compensation: $0
- Related: $0
- Other: $100
- Compensation: $0
- Related: $0
- Other: $250
- Compensation: $800
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $400
- Compensation: $950
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $300
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.studioplayers.org
Where can I find the form 990 for Studio Players Inc?
Studio Players Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.studioplayers.org
Learn more at the official website: www.studioplayers.org
Mission Statement of Studio Players Inc
Studio Players Inc, a non-profit organization, is dedicated to serving its community with high-quality live theatre performances. The mission of this organization is to provide a platform for various plays, ranging from classic to contemporary, from renowned playwrights. Beyond entertainment, Studio Players Inc also offers volunteer opportunities for those interested in participating in all aspects of live theatre. By doing so, the organization ensures that admission prices remain affordable, making theatrical performances accessible to a wide audience. Through its commitment to quality performances and volunteer opportunities, Studio Players Inc aims to enrich its community's cultural landscape.
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Impact
October, 2024
Studio Players Inc. plays a significant role in enriching the cultural landscape of Lexington, Kentucky. Established in 1952, this community theatre has become a cornerstone for artistic expression, bringing quality theatrical performances to local audiences at affordable prices. Their mission focuses on entertaining the community with a diverse range of shows, spanning from classic to contemporary works, effectively engaging various demographics and fostering a love for the arts.
The organization has witnessed a resurgence in attendance, with 4,613 patrons enjoying performances during the latest season, indicating a growing appreciation for live theatre as concerns about the pandemic eased. By offering season tickets for the first time in years and maintaining a consistently high average attendance of 87 patrons in a 120-seat theatre, Studio Players Inc. demonstrates its ability to attract and engage the community.
Moreover, Studio Players Inc. is heavily reliant on community involvement, drawing in significant volunteer support that helps keep admission prices low. This volunteer engagement not only nurtures local talent but also cultivates a sense of community ownership over the arts. With ticket prices at just $22 for adults and $15 for students, Studio Players Inc. ensures that high-quality entertainment remains accessible to all, fostering an inclusive environment where everyone can appreciate the transformative power of live theatre.
This information is meant to be a general summary of Studio Players 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: $1,324
- Program Service Revenue: $92,367
- Gross Receipts: $109,665
Assets and Liabilities:
- Total Assets: $552,359
- Total Liabilities: $0
- Net Assets: $552,359
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Theater Companies and Dinner Theaters
Revenue
$89,507
Theater Companies and Dinner Theaters
Revenue
$2,860
Organization Details
Founding Year
1952
Phone
(859) 312-4894Principal Officer
David Bratcher
Main Address
PO BOX 54737, LEXINGTON, KY, 405554737
Website
www.studioplayers.orgNTEE Category
Code: A65 - Arts
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