Overview
What is Black Ensemble Theater Corporation?
The Black Ensemble Theater Corporation, situated in Chicago, Illinois, is a nonprofit organization dedicated to empowering and fostering opportunities for minority artists in the Chicagoland area. By offering comprehensive training and employment prospects, as well as promoting cultural enrichment, this organization plays a significant role in the local artistic community. With a small team of 13 dedicated individuals, the Black Ensemble Theater Corporation strives to uplift and celebrate the voices and talents of underrepresented artists.
Official website here: www.blackensembletheater.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Stars)
The Black Ensemble Theater Corporation has received a solid rating of 89%, reflecting its commitment to accountability and financial management. This score is derived solely from its Accountability & Finance metrics, showcasing the organization's strong governance practices. Notably, the board consists of 88% independent members, which enhances the integrity of its oversight functions.
The organization demonstrates exceptional program expense efficiency, with a remarkable 95.61% of its budget allocated to programs. Additionally, it has no reported material diversion of assets and maintains transparency by adhering to best practices in document management and conflict of interest policies. However, the fundraising efficiency ratio received a low score, indicating that while the organization effectively utilizes its funds, its fundraising efforts may not be as cost-effective.
Despite the fundraising concerns, the overall financial health of Black Ensemble Theater Corporation is promising, with a working capital ratio of 3.47 years. This suggests that the organization is well-positioned to meet its financial obligations in the foreseeable future, allowing it to focus on its mission and programs effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Black Ensemble Theater Corporation legitimate?
Black Ensemble Theater Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black Ensemble Theater Corporation 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: $1,176,715
For more financial information, click here
Official website here: www.blackensembletheater.com
What is the mission statement of Black Ensemble Theater Corporation?
The Black Ensemble Theater Corporation serves as a platform for providing training, employment, and cultural enrichment opportunities for artists from minority backgrounds in the Chicago area. This organization's mission is centered around fostering talent and promoting diversity within the artistic community. By offering these opportunities, the corporation contributes to the overall cultural development and enrichment within the community.
Official website here: www.blackensembletheater.com
Who is the CEO of Black Ensemble Theater Corporation?
Jackie Taylor is the Executive Director of Black Ensemble Theater Corporation.
Official website here: www.blackensembletheater.com
What is the revenue of Black Ensemble Theater Corporation?
Black Ensemble Theater Corporation's revenue in 2022 was $2,004,758.
Official website here: www.blackensembletheater.com
Who are the executives of Black Ensemble Theater Corporation and what are their salaries?
The average compensation at Black Ensemble Theater Corporation during 2022 was $90,517. There are 13 employees at Black Ensemble Theater Corporation.
Here are 11 key members and their salaries:
- Compensation: $276,625
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- Other: $0
- Compensation: $139,800
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.blackensembletheater.com
Where can I find the form 990 for Black Ensemble Theater Corporation?
Black Ensemble Theater Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.blackensembletheater.com
Learn more at the official website: www.blackensembletheater.com
Mission Statement of Black Ensemble Theater Corporation
The Black Ensemble Theater Corporation is dedicated to offering a platform for training, employment, and cultural enrichment for artists of minority backgrounds residing in the Chicagoland area. Their mission is multifaceted, encompassing the provision of opportunities that allow these artists to excel in their craft and contribute to the cultural landscape of their community. By fostering a nurturing environment, the theater corporation enables minority artists to thrive and showcase their talents, thereby enriching the cultural diversity of the region.
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Impact
October, 2024
Black Ensemble Theater Corporation significantly impacts the Chicagoland area by fostering training, employment, and cultural enrichment for minority artists. By creating a vibrant platform for artistic expression, it empowers artists from diverse backgrounds, enabling them to showcase their talents and contribute to the cultural landscape of the community. Through its programs, the organization not only nurtures individual artistic development but also strengthens the community by promoting inclusivity and representation in the arts. This commitment enriches the cultural fabric of Chicago, ensuring that diverse voices are heard and celebrated.
This information is meant to be a general summary of Black Ensemble Theater Corporation. 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.
- Program Service Revenue: $557,409
- Gross Receipts: $2,004,758
Assets and Liabilities:
- Total Assets: $23,894,712
- Total Liabilities: $11,787,321
- Net Assets: $12,107,391
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Theater Revenue
Revenue
$557,409
Organization Details
Founding Year
1976
Principal Officer
Jackie Taylor
Main Address
4450 N Clark St, Chicago, IL, 60640
Website
www.blackensembletheater.comNTEE Category
Code: A650 - Arts
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