Overview
What is Chicago Theatre Group Inc?
The Chicago Theatre Group Inc, operating as Goodman Theatre, is a well-known nonprofit organization based in Chicago, Illinois. Located at 170 N Dearborn Street in the heart of the city, Goodman Theatre is internationally recognized for its artists, productions, and educational programs. With a diverse artistic leadership team, the Goodman Theatre is dedicated to bringing both classic and contemporary works to life, providing a platform for a wide range of artists and perspectives. The organization is renowned for its community and educational initiatives, offering various programs to enrich the lives of Chicago residents, particularly students of all ages. By adhering to its guiding principles of quality, diversity, and community, the Goodman Theatre aims to be the premier cultural institution in Chicago, delivering essential contributions to the city's cultural landscape through its productions and programs. The Goodman Theatre employs a total of 412 individuals.
Official website here: www.goodmantheatre.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Chicago Theatre Group Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance. The organization excels with a high Culture & Community Score and Leadership & Adaptability Score of 100, showcasing its commitment to fostering an inclusive environment and effective leadership practices. With 97% of its board members being independent, the organization demonstrates transparency and governance strength.
The financial health of Chicago Theatre Group Inc is notable, with a program expense ratio of 75.19%, indicating a significant portion of its resources is directed towards its mission-driven programs. The organization possesses a solid liability-to-assets ratio of 52.90%, reflecting a manageable level of debt relative to its assets. The presence of robust audit and oversight measures is evidenced by its perfect score in that category.
While the organization shows many strengths, the focus on feedback collection and usage demonstrates a commitment to continual improvement and responsiveness to community needs. Overall, Chicago Theatre Group Inc stands out as a well-managed nonprofit with a strong emphasis on accountability, community engagement, and leadership development, positioning itself effectively for future growth and adaptability.
This AI summary has been generated from information found on Charity Navigator.
Is Chicago Theatre Group Inc legitimate?
Chicago Theatre Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Theatre Group 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: $1,460,737
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,712,772
For more financial information, click here
Official website here: www.goodmantheatre.org
What is the mission statement of Chicago Theatre Group Inc?
The Chicago Theatre Group strives to be Chicago's leading cultural institution by presenting top-notch classic and contemporary works. It is dedicated to amplifying a diverse array of artists and perspectives. Committed to three guiding principles - quality, diversity, and community - the group aims to make an essential contribution to the city's quality of life through its productions and programs. The Chicago Theatre Group is a cultural powerhouse, providing a platform for a wide range of voices and visions, and is a premier organization that continually pushes the boundaries of artistic expression.
Official website here: www.goodmantheatre.org
Who is the CEO of Chicago Theatre Group Inc?
Lewis Warrick is the Artistic Director of Chicago Theatre Group Inc. The CEO's salary of Chicago Theatre Group Inc is $530,537 and their total compensation is $547,250.
Official website here: www.goodmantheatre.org
What is the revenue of Chicago Theatre Group Inc?
Chicago Theatre Group Inc's revenue in 2022 was $24,895,067.
Official website here: www.goodmantheatre.org
Who are the executives of Chicago Theatre Group Inc and what are their salaries?
The average compensation at Chicago Theatre Group Inc during 2022 was $27,120. There are 412 employees and 550 volunteers at Chicago Theatre Group Inc.
Here are 99 key members and their salaries (Chicago Theatre Group Inc's CEO's salary is $530,537 and their total compensation is $547,250):
- Compensation: $512,532
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- Other: $19,033
- Compensation: $530,537
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Official website here: www.goodmantheatre.org
Where can I find the form 990 for Chicago Theatre Group Inc?
Chicago Theatre Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodmantheatre.org
Learn more at the official website: www.goodmantheatre.org
Mission Statement of Chicago Theatre Group Inc
Chicago Theatre Group Inc, also known as Goodman Theatre, is a cultural powerhouse in Chicago dedicated to presenting top-notch productions and programs that showcase a diverse array of artists and perspectives. The organization's mission is threefold, focusing on quality, diversity, and community.
Goodman Theatre strives to be the premier cultural organization in Chicago by consistently delivering high-quality productions that captivate and inspire audiences. Through its commitment to both classic and contemporary works, the theater provides a platform for a wide range of artists and visions to flourish.
Moreover, Goodman Theatre firmly believes in the importance of promoting diversity in its offerings. By dedicating itself to this principle, it creates opportunities for underrepresented voices to be heard and celebrated. This commitment to diversity extends beyond the stage, as the theater fosters an inclusive environment where artists and patrons from all walks of life come together to engage in thought-provoking and transformative experiences.
In addition to its production work, Chicago Theatre Group Inc also prioritizes community engagement. By adhering to its guiding principles of quality, diversity, and community, the theater seeks to make an essential contribution to the overall quality of life in the city. Through its programs and initiatives, Goodman Theatre remains deeply committed to fostering connections within the community and to making the arts accessible to as many people as possible.
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Impact
October, 2024
Chicago Theatre Group Inc, through the Goodman Theatre, plays a vital role in the cultural landscape of Chicago by delivering high-quality, diverse theatrical productions that enrich the community. As the city's oldest and largest theater, it is a beacon of artistic excellence, recognized internationally for its talented artists and compelling works.
The Goodman Theatre is dedicated to presenting a mix of classic and contemporary plays, ensuring that both established and emerging voices are heard. This commitment to diversity in artistic expression not only showcases a wide range of stories but also fosters inclusivity within the arts, resonating with varied audiences across the city.
In addition to its productions, the Goodman Theatre emphasizes community engagement through extensive educational programs. These initiatives offer resources and opportunities for students of all ages, helping to cultivate critical thinking and deepen the understanding of the performing arts. By providing invaluable access to theater and related materials, the Goodman enhances the educational experience and encourages the development of future generations of theater-goers and creators.
Through its unwavering dedication to quality, diversity, and community, Chicago Theatre Group Inc significantly contributes to the cultural vitality of Chicago, enhancing the quality of life for its residents and visitors alike.
This information is meant to be a general summary of Chicago Theatre Group 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: $1,042,272
- Program Service Revenue: $10,372,614
- Gross Receipts: $32,763,890
Assets and Liabilities:
- Total Assets: $59,278,115
- Total Liabilities: $28,672,600
- Net Assets: $30,605,515
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$5,630,582
SUBSCRIPTION
Revenue
$2,287,247
PROGRAM ENHANCEMENTS
Revenue
$1,672,855
OTHER PROGRAM SERVICE REVENUE
Revenue
$781,930
Organization Details
Founding Year
1976
Phone
(312) 443-3811Principal Officer
Lewis Warrick
Main Address
170 N DEARBORN STREET, CHICAGO, IL, 60601
Website
www.goodmantheatre.orgNTEE Category
Code: A650 - Arts
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