Overview
What is Victory Gardens Theater?
Victory Gardens Theater, located in Chicago, Illinois, is a distinguished nonprofit organization dedicated to promoting and providing theater entertainment and workshops. Based at 2433 N Lincoln Ave, this organization primarily focuses on nurturing playwrights and their works, with an emphasis on fostering an ethnically and culturally diverse community of artists. They support the development of new plays and maintain their theater building, ensuring that quality performances continue to captivate audiences. Besides productions, Victory Gardens Theater also offers workshops and collaborates with various artists to enrich the local theater scene.
Official website here: www.victorygardens.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Victory Gardens Theater has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance with a score of 79%. This rating indicates a commitment to transparency and responsible financial practices, which is crucial for building trust with donors. The organization demonstrates strong governance, with a fully independent board comprising nine members and no material diversion of assets.
The theater's policies on conflicts of interest, whistleblower protections, and document retention are well-documented and meet best practices, contributing positively to its governance score. Additionally, the theater's low liabilities to assets ratio indicates a stable financial position. However, the program expense ratio of 55.84% suggests that a larger proportion of its expenses are allocated to administrative rather than programmatic activities, which may be an area of concern for potential donors seeking effective resource utilization.
Overall, while Victory Gardens Theater exhibits strengths in governance and financial accountability, there may be room for improvement in maximizing program spending. This balance is essential to ensure that the organization can continue to fulfill its mission effectively while maintaining donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Victory Gardens Theater legitimate?
Victory Gardens Theater is a legitimate nonprofit organization registered as a 501(c)(3) entity. Victory Gardens Theater 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: $1,166,365
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Official website here: www.victorygardens.org
What is the mission statement of Victory Gardens Theater?
The Victory Gardens Theater is committed to supporting playwrights and their works, with a strong emphasis on fostering an ethnically and culturally diverse community of artists. This dedication is directed towards the development of new plays, placing significant importance on the theater's role in promoting their artistic growth. The theater's mission extends beyond just entertainment, as it also provides workshops and produces plays, ensuring the maintenance of its theater building for these purposes.
Official website here: www.victorygardens.org
Who is the CEO of Victory Gardens Theater?
Charles Harris is the Principal Officer of Victory Gardens Theater.
Official website here: www.victorygardens.org
What is the revenue of Victory Gardens Theater?
Victory Gardens Theater's revenue in 2022 was $1,850,473.
Official website here: www.victorygardens.org
Who are the executives of Victory Gardens Theater and what are their salaries?
Here are 22 key members and their salaries:
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Official website here: www.victorygardens.org
Where can I find the form 990 for Victory Gardens Theater?
Victory Gardens Theater's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.victorygardens.org
Learn more at the official website: www.victorygardens.org
Mission Statement of Victory Gardens Theater
Victory Gardens Theater, a notable entity in the realm of theater, is committed to promoting and providing entertaining plays and workshops. At its core, the organization is dedicated to supporting playwrights and their diverse works. It places a significant emphasis on fostering an ethnically and culturally diverse community of artists, thereby aiding in the development of their craft. By doing so, Victory Gardens Theater contributes to the enrichment of the theater world, showcasing a myriad of perspectives and stories. The theater produces plays and maintains its own building, serving as a platform for these talented artists to showcase their work.
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Impact
October, 2024
Victory Gardens Theater plays a significant role in the Chicago arts scene by promoting and providing theater entertainment and workshops that focus on the development of playwrights and their works. Its commitment to fostering an ethnically and culturally diverse community of artists enhances the richness of theatrical production in the region. By producing plays that represent a wide array of voices and experiences, Victory Gardens Theater contributes to a more inclusive narrative in the arts.
Furthermore, the theater serves as a hub for creative collaboration and growth, offering workshops that help emerging and established playwrights hone their craft. This nurturing environment not only supports individual artists but also enriches the cultural fabric of Chicago as a whole, encouraging community engagement and cultural dialogue.
Through its dedication to diverse storytelling and artist development, Victory Gardens Theater makes a profound impact on both the local community and the broader artistic landscape, inspiring audiences and creating opportunities for creative expression.
This information is meant to be a general summary of Victory Gardens Theater. 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: $4,297
- Program Service Revenue: $117,195
- Gross Receipts: $1,856,160
Assets and Liabilities:
- Total Assets: $8,997,900
- Total Liabilities: $671,811
- Net Assets: $8,326,089
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STAGE RENTAL
Revenue
$61,221
TICKET SALES
Revenue
$55,974
Organization Details
Founding Year
1975
Phone
(773) 549-5788Principal Officer
Charles Harris
Main Address
2433 N LINCOLN AVE, CHICAGO, IL, 60614
Website
www.victorygardens.orgNTEE Category
Code: A650 - Arts
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