Overview
What is Richmond Civic Theatre Inc?
Richmond Civic Theatre Inc, situated in Richmond, Indiana, is a nonprofit organization that specializes in theatrical productions. Throughout their season, they stage numerous performances for the benefit of their members and the local community, serving approximately 15,000 individuals annually. Their mission is to create engaging, entertaining, educational, and enlightening live community theatre experiences. With a small team of four employees, they strive to bring joy, learning, and enrichment to their community through the art of theatre.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star Rating
Richmond Civic Theatre Inc has received an 82% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization boasts a fully independent board, scoring high marks in both board independence and size, which reflects a strong governance structure. Their financial statements are also well-managed, emphasizing a commitment to transparency and proper financial oversight.
However, the organization has some areas for improvement, particularly concerning governance policies. Notably, they lack a whistleblower policy and a document retention and destruction policy, which are essential for safeguarding against potential misconduct and ensuring proper record-keeping practices. While they have not reported any material diversion of assets, the absence of these policies could pose risks in terms of accountability.
Overall, while Richmond Civic Theatre Inc demonstrates a strong financial profile and responsible governance, addressing the noted policy deficiencies would enhance their overall accountability and support their mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Richmond Civic Theatre Inc legitimate?
Richmond Civic Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richmond Civic 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: $47,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $72,384
For more financial information, click here
What is the mission statement of Richmond Civic Theatre Inc?
Richmond Civic Theatre Inc's mission is centered around creating engaging, entertaining, educational, and enlightening live community theatre experiences. Through numerous productions staged throughout the year, they aim to benefit both their members and the wider community, serving approximately 15,000 individuals annually. Their productions serve as a platform for fostering connection, enjoyment, learning, and insight, contributing to a rich cultural landscape.
Who is the CEO of Richmond Civic Theatre Inc?
Jeff Sheridan is the President of Richmond Civic Theatre Inc.
What is the revenue of Richmond Civic Theatre Inc?
Richmond Civic Theatre Inc's revenue in 2022 was $486,225.
Who are the executives of Richmond Civic Theatre Inc and what are their salaries?
The average compensation at Richmond Civic Theatre Inc during 2022 was $29,846. There are 4 employees and 600 volunteers at Richmond Civic Theatre Inc.
Here are 16 key members and their salaries:
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- Compensation: $34,346
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Where can I find the form 990 for Richmond Civic Theatre Inc?
Richmond Civic Theatre Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Richmond Civic Theatre Inc
Richmond Civic Theatre Inc, a nonprofit organization, is committed to crafting engaging, entertaining, educational, and enlightening live community theatre experiences. Their mission is to stage various theatrical productions throughout the year, benefiting both their members and the wider community. In a typical year, approximately 15,000 individuals are served by these productions, demonstrating the theatre's significant impact on the community. By offering a blend of entertainment and education, Richmond Civic Theatre Inc plays a vital role in fostering a sense of community and promoting cultural understanding.
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Impact
July, 2024
Richmond Civic Theatre Inc's impact lies in creating live community theatre experiences that engage, entertain, educate, and enlighten. Through numerous theatrical productions staged throughout the season, this organization serves approximately 15,000 individuals in a typical year in Richmond, Indiana. As a hub for arts and culture in the community, Richmond Civic Theatre Inc plays a vital role in connecting people through the power of storytelling and performance, enriching lives and fostering creativity in the region.
This information is meant to be a general summary of Richmond Civic 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: $7,595
- Program Service Revenue: $203,514
- Gross Receipts: $610,708
Assets and Liabilities:
- Total Assets: $872,003
- Total Liabilities: $92,908
- Net Assets: $779,095
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SINGLE TICKET SALES
Revenue
$115,205
SPONSORSHIPS
Revenue
$55,500
STAGE ONE INCOME
Revenue
$18,944
GENERAL PROGRAM INCOME
Revenue
$11,640
ADVERTISEMENTS
Revenue
$2,225
Organization Details
Founding Year
1941
Phone
(765) 962-8011Principal Officer
Jeff Sheridan
Main Address
1003 E MAIN ST, RICHMOND, IN, 47374
NTEE Category
Code: A65Z - Arts
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