Overview
What is Phoenix Theatre Inc?
Phoenix Theatre Inc, headquartered in Indianapolis, Indiana, serves as a catalyst within the region. Their primary mission is to foster new talent, provide a platform for diverse voices, and engage audiences with innovative, contemporary productions. This nonprofit organization, home to 44 employees, is actively contributing to the cultural landscape of Indianapolis by nurturing emerging artists and offering unique theatrical experiences.
Official website here: www.phoenixtheatre.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57% (One-Star out of Four Stars)
Phoenix Theatre Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization's Accountability & Finance Score of 52 reflects weaknesses in its program expense ratio and fundraising efficiency, which are crucial for long-term sustainability. The theater does, however, maintain strong leadership and an independent board, showcasing an ability to adapt and govern effectively.
Notably, Phoenix Theatre has a perfect score in areas such as board independence, audit oversight, and the absence of material asset diversion, suggesting that governance practices are in place to support ethical operations. However, the absence of key policies, such as a whistleblower policy and document retention guidelines, raises questions about transparency and risk management. These factors may hinder the organization’s ability to maintain trust among stakeholders.
While the organization aims to increase earned revenue and broaden partnerships with diverse community groups, its financial management practices will need improvement to ensure these strategic goals are met. The low program expense ratio and fundraising efficiency highlight the necessity for a more effective financial strategy, which is essential for the theater to enhance its impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Phoenix Theatre Inc legitimate?
Phoenix Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phoenix 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: $63,788
Professional Fundraising Fees: $0
Other Salaries and Wages: $602,990
For more financial information, click here
Official website here: www.phoenixtheatre.org
What is the mission statement of Phoenix Theatre Inc?
Phoenix Theatre Inc serves as a catalyst in its region to foster new talent, highlight diverse perspectives, and captivate audiences with innovative, contemporary productions. Its mission is centered around nurturing emerging artists, providing a platform for underrepresented voices, and engaging audiences with thought-provoking and unique theatrical presentations. By embracing this role, Phoenix Theatre Inc contributes to the richness and diversity of the theatrical landscape, fostering a sense of community and shared experiences through the power of live performance.
Official website here: www.phoenixtheatre.org
Who is the CEO of Phoenix Theatre Inc?
Delia Robertson is the Managing Director of Phoenix Theatre Inc.
Official website here: www.phoenixtheatre.org
What is the revenue of Phoenix Theatre Inc?
Phoenix Theatre Inc's revenue in 2022 was $2,492,697.
Official website here: www.phoenixtheatre.org
Who are the executives of Phoenix Theatre Inc and what are their salaries?
The average compensation at Phoenix Theatre Inc during 2022 was $15,154. There are 44 employees and 53 volunteers at Phoenix Theatre Inc.
Here are 25 key members and their salaries:
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Official website here: www.phoenixtheatre.org
Where can I find the form 990 for Phoenix Theatre Inc?
Phoenix Theatre Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.phoenixtheatre.org
Learn more at the official website: www.phoenixtheatre.org
Mission Statement of Phoenix Theatre Inc
Phoenix Theatre Inc serves as a catalyst in its region, working tirelessly to foster new talent, give a platform to diverse voices, and engage audiences with distinct, contemporary productions. The organization's mission is multifaceted, aiming to nurture emerging artists, promote a variety of perspectives, and connect with audiences through innovative and modern performances. By doing so, Phoenix Theatre Inc plays a significant role in enriching the cultural landscape of its community.
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Impact
October, 2024
Phoenix Theatre Inc plays a pivotal role in the Indianapolis region by fostering new talent, highlighting diverse voices, and captivating audiences through innovative, contemporary productions. By serving as a catalyst for artistic expression, it nurtures upcoming artists and provides them with a platform to showcase their work. This commitment not only enriches the local cultural landscape but also encourages community engagement and dialogue around various societal issues reflected in the performances. The theatre’s focus on contemporary storytelling resonates with audiences, making it a vital part of the vibrant arts scene in Indianapolis.
This information is meant to be a general summary of Phoenix 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $96,781
- Program Service Revenue: $479,266
- Gross Receipts: $2,492,697
Assets and Liabilities:
- Total Assets: $9,411,520
- Total Liabilities: $4,391,497
- Net Assets: $5,020,023
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS AND CONCESS
Revenue
$173,389
ART SALES
Revenue
$105,453
ADVERTISING AND SPONSO
Revenue
$96,830
RENTALS
Revenue
$62,084
SPECIAL EVENTS
Revenue
$41,510
Organization Details
Founding Year
1983
Phone
(317) 635-2381Principal Officer
Delia Robertson
Main Address
705 NORTH ILLINOIS STREET, INDIANAPOLIS, IN, 46204
Website
www.phoenixtheatre.orgNTEE Category
Code: A650 - Arts
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