Overview
What is Palette Masque And Lyre?
Palette Masque and Lyre, situated in Antioch, Illinois, serves as a nonprofit organization dedicated to enriching the community through various cultural experiences. Their primary focus is on theatre, music, and art, extending their reach to children's education as well. Despite a year-long shutdown due to COVID-19, they managed to resume in-person productions, albeit at a smaller scale, with limited seating and social distancing measures in place. Their 2020-2021 season featured five main stage productions, including Ripcord, Christmas Carol, I Love You, You're Perfect, Now Change, and Glass Menagerie, among others. They initially offered limited concessions and gradually expanded their offerings as COVID-related restrictions eased. With a team of nine dedicated individuals, Palette Masque and Lyre continues to contribute to the cultural landscape of their community.
Official website here: www.pmltheatre.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 64%)
Palette Masque And Lyre has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its operational practices. The rating is based entirely on the Accountability & Finance category, where the organization scored 64%. While it benefits from having a fully independent board and no material diversion of assets, certain governance policies are notably lacking, including a conflict of interest policy and a whistleblower policy.
On the positive side, the organization has a solid liabilities to assets ratio of 19.72%, which suggests good financial health. Additionally, its program expense ratio of 60.65% indicates that a reasonable portion of its funds is directed towards its mission. However, the absence of critical governance policies raises concerns about transparency and accountability.
Overall, while Palette Masque And Lyre demonstrates strengths in independent governance and financial management, its lack of essential policies and documentation could undermine stakeholder confidence. Addressing these shortcomings would be beneficial for improving its rating and enhancing its reputation.
This AI summary has been generated from information found on Charity Navigator.
Is Palette Masque And Lyre legitimate?
Palette Masque And Lyre is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palette Masque And Lyre 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: $12,174
For more financial information, click here
Official website here: www.pmltheatre.com
What is the mission statement of Palette Masque And Lyre?
Palette Masque and Lyre, as an organization, is committed to delivering cultural experiences to the community. They achieve this through the mediums of theatre, music, art, and children's education. The primary goal is to provide a platform where community members can engage with and appreciate these artistic forms. Despite the challenges posed by the COVID-19 pandemic, they managed to resume their in-person productions, albeit with safety measures in place, such as limited casts and seating. Their 2020-2021 season included five main stage productions, aiming to cater to the community's artistic needs.
Official website here: www.pmltheatre.com
Who is the CEO of Palette Masque And Lyre?
Regina Reynolds is the President of Palette Masque And Lyre.
Official website here: www.pmltheatre.com
What is the revenue of Palette Masque And Lyre?
Palette Masque And Lyre's revenue in 2022 was $133,187.
Official website here: www.pmltheatre.com
Who are the executives of Palette Masque And Lyre and what are their salaries?
The average compensation at Palette Masque And Lyre during 2022 was $1,353. There are 9 employees and 50 volunteers at Palette Masque And Lyre.
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Official website here: www.pmltheatre.com
Where can I find the form 990 for Palette Masque And Lyre?
Palette Masque And Lyre's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pmltheatre.com
Learn more at the official website: www.pmltheatre.com
Mission Statement of Palette Masque And Lyre
Palette Masque and Lyre, as a nonprofit organization, is committed to enriching the community through cultural experiences. They achieve this mission by integrating various artistic mediums such as theatre, music, and art, as well as children's education. By offering these diverse cultural experiences, Palette Masque and Lyre aims to engage and inspire individuals within the community.
After a year of interruption due to the COVID-19 pandemic, Palette Masque and Lyre was able to resume in-person productions, albeit with limited seating and smaller casts to accommodate social distancing measures. The organization's season featured five mainstage productions, including Ripcord, Christmas Carol, I Love You, You're Perfect, Now Change, Glass Menagerie, and Old Ringers. Despite the initial limitations, Palette Masque and Lyre gradually expanded their concession offerings as COVID restrictions and guidelines eased.
In essence, Palette Masque and Lyre serves as a cultural hub within the community, providing a platform for artistic expression and education. Through their productions and programs, they strive to engage and inspire individuals, fostering a sense of unity and shared experiences within the community.
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Impact
October, 2024
Palette Masque And Lyre significantly enriches the cultural landscape in Antioch, IL, by offering diverse theatrical productions that foster community engagement and artistic expression. After a year of COVID-19 shutdowns, the organization’s return to in-person performances marked a pivotal moment for local arts, providing a sense of normalcy and a gathering point for audiences craving live entertainment.
The selection of varied shows, including classics and contemporary works like "The Glass Menagerie" and "Ripcord," showcases a commitment to presenting high-quality theater while accommodating health and safety protocols. By opting for smaller cast productions and limited seating, Palette Masque And Lyre not only adhered to necessary guidelines but also cultivated an intimate atmosphere that enriches the audience experience.
The expansion of offerings, including concessions, as restrictions eased further enhances the communal environment, inviting patrons to enjoy a complete night of art and social interaction. This initiative not only revives local theater but also creates a platform for community members to connect through shared experiences, ultimately strengthening the social fabric of the region. Through its focus on children's education and accessibility to the arts, Palette Masque And Lyre plays a crucial role in nurturing the next generation of artists and audiences, ensuring the longevity and vibrancy of cultural experiences in the area.
This information is meant to be a general summary of Palette Masque And Lyre. 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: $56
- Program Service Revenue: $103,552
- Gross Receipts: $133,187
Assets and Liabilities:
- Total Assets: $633,743
- Total Liabilities: $138,146
- Net Assets: $495,597
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Stage Productions
Revenue
$91,131
Children's Theatre Education Workshop
Revenue
$12,421
Organization Details
Founding Year
1963
Phone
(847) 395-3433Principal Officer
Regina Reynolds
Main Address
PO Box 23, Antioch, IL, 60002
Website
www.pmltheatre.comNTEE Category
Code: A650 - Arts
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