Overview
What is The New Stage Theatre Company Inc C/O Ildiko Nemeth?
The New Stage Theatre Company Inc C/O Ildiko Nemeth, located in New York, NY, functions as a nonprofit organization dedicated to the production of captivating theatrical events. Their primary mission revolves around the staging of plays, aiming to captivate local audiences and extend their reach beyond their city limits. By bringing live theater to the forefront, this esteemed company seeks to enrich cultural experiences for all involved.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 48%, Zero-Star out of Four Star Rating.
The New Stage Theatre Company Inc has received a low score of 48%, resulting in a Zero-Star rating, primarily reflecting significant concerns in its accountability and finance practices. While the organization has received full marks for having a majority of independent board members and a good program expense ratio, other areas such as board size and financial policies have not been adequately addressed, contributing to the overall score.
Strengths include a commitment to maintaining an independent board and proper documentation of board meeting minutes, which suggests some level of governance. However, the absence of a conflict of interest policy, a whistleblower policy, and lack of transparency regarding financial documentation are notable weaknesses. Additionally, the organization's failure to properly list its website on tax forms and provide a comprehensive liability-to-asset ratio raises further concerns about its financial health and operational transparency.
Overall, the New Stage Theatre Company Inc's current rating emphasizes the need for improvement in governance and transparency practices. Without addressing these critical issues, the organization may struggle to instill confidence among potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The New Stage Theatre Company Inc C/O Ildiko Nemeth legitimate?
The New Stage Theatre Company Inc C/O Ildiko Nemeth is a legitimate nonprofit organization registered as a 501(c)(3) entity. The New Stage Theatre Company Inc C/O Ildiko Nemeth 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: $0
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What is the mission statement of The New Stage Theatre Company Inc C/O Ildiko Nemeth?
The New Stage Theatre Company's mission revolves around the production of theatrical events. They strive to create and stage plays, aiming to engage audiences both locally and beyond their immediate location. As a theater organization, their goal is to bring the magic of live performances to as many people as possible, contributing to the richness and diversity of the theatrical arts. They are committed to providing a platform for artists and storytellers, fostering creativity and entertainment through their productions.
What is the revenue of The New Stage Theatre Company Inc C/O Ildiko Nemeth?
The New Stage Theatre Company Inc C/O Ildiko Nemeth's revenue in 2024 was $83,006.
Who are the executives of The New Stage Theatre Company Inc C/O Ildiko Nemeth and what are their salaries?
There is 1 key member and their salary:
- Compensation: $7,000
- Related: $0
- Other: $0
Where can I find the form 990 for The New Stage Theatre Company Inc C/O Ildiko Nemeth?
The New Stage Theatre Company Inc C/O Ildiko Nemeth's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The New Stage Theatre Company Inc C/O Ildiko Nemeth
The New Stage Theatre Company, under the leadership of Ildiko Nemeth, is committed to the production of engaging theatrical events. This nonprofit organization strives to bring live theater to audiences, both locally and beyond its boundaries. Their mission encompasses the creation and presentation of plays, aiming to captivate and inspire viewers with each performance. The New Stage Theatre Company seeks to make a significant impact in the world of theater, contributing to the cultural richness and entertainment of its audience.
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Impact
August, 2024
The New Stage Theatre Company, under the leadership of Ildiko Nemeth, has had a significant impact on the theatrical landscape in New York City. Through their dedication to producing high-quality theatrical events, they have enriched the cultural fabric of the city and engaged audiences with thought-provoking performances. By striving to bring live theater to both local communities and beyond, they have helped cultivate an appreciation for the arts and fostered a platform for artistic expression. Their commitment to the production of plays has contributed to the vibrant theater scene in New York and has left a lasting impression on all who have experienced their performances.
This information is meant to be a general summary of The New Stage Theatre Company Inc C/O Ildiko Nemeth. 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 2024.
- Program Service Revenue: $5,225
- Gross Receipts: $85,600
Assets and Liabilities:
- Total Assets: $2,935
- Total Liabilities: $2,141
- Net Assets: $794
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THEATRICAL PLAY
Revenue
$3,725
PERFORMANCE COMMISSION
Revenue
$1,500
Organization Details
Founding Year
2002
Principal Officer
Ildiko Nemeth
NTEE Category
Code: A65 - Arts
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