Overview
What is Mayfair Perfoming Company?
Mayfair Performing Company is a nonprofit organization situated in Chicago, Illinois, dedicated to enriching the lives of both children and adults through arts and dance education. Their mission revolves around offering comprehensive dance and performing arts programs, fostering a creative and engaging environment for personal growth and skill development. The organization is committed to promoting artistic development within the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating
Mayfair Performing Company has achieved a 79% score from Charity Navigator, which reflects its performance primarily in accountability and finance. The organization benefits from a high level of governance, with 75% of its board members being independent, and it has established essential policies such as conflict of interest and whistleblower protections. The charity has also demonstrated prudent financial management with a program expense ratio of 79.86%.
However, the organization shows a concerning financial metric with a liabilities to assets ratio of 801.22%, which has significantly impacted its overall financial score. While the charity maintains transparency and accountability, this high ratio suggests potential financial risks that could affect its long-term sustainability. Stakeholders might want to keep an eye on this aspect as they evaluate the organization’s future viability.
This AI summary has been generated from information found on Charity Navigator.
Is Mayfair Perfoming Company legitimate?
Mayfair Perfoming Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mayfair Perfoming Company 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: $33,027
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Mayfair Perfoming Company?
The Mayfair Performing Company is dedicated to disseminating arts and dance education to both children and adults. This mission is carried out through various programs that focus on dance and performing arts instruction. The organization aims to empower individuals of all ages with the skills and knowledge in these artistic fields. By providing this education, the Mayfair Performing Company contributes to the cultivation of creativity, self-expression, and artistic development in its students.
Who is the CEO of Mayfair Perfoming Company?
Peggy Sutton is the Executive Director of Mayfair Perfoming Company.
What is the revenue of Mayfair Perfoming Company?
Mayfair Perfoming Company's revenue in 2021 was $27,704.
Who are the executives of Mayfair Perfoming Company and what are their salaries?
The average compensation at Mayfair Perfoming Company during 2021 was $33,027. There is 1 employee at Mayfair Perfoming Company.
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Where can I find the form 990 for Mayfair Perfoming Company?
Mayfair Perfoming Company's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Mayfair Perfoming Company
Mayfair Performing Company is dedicated to spreading the love for arts and dance education among both children and adults. Its primary mission is to offer comprehensive teaching programs that encompass dance and performing arts, encouraging personal growth and creativity in its students. By providing these educational opportunities, the organization aims to foster a deeper appreciation for the arts within its community.
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Impact
August, 2024
Mayfair Performing Company brings the transformative power of arts and dance education to children and adults in Chicago. Through its programs, individuals are given the opportunity to explore creativity, express themselves, and develop important skills. With a focus on providing high-quality instruction and fostering a love for the arts, Mayfair Performing Company leaves a lasting impact on its participants, enriching their lives and the community as a whole.
This information is meant to be a general summary of Mayfair Perfoming Company. 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 2021.
- Investment Income: $188
- Gross Receipts: $27,704
Assets and Liabilities:
- Total Assets: $51,004
- Total Liabilities: $408,658
- Net Assets: -$357,654
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Organization Details
Founding Year
1999
Phone
(773) 768-8701Principal Officer
Peggy Sutton
Main Address
8701 S BENNETT, Chicago, IL, 60617
NTEE Category
Code: T20 - Philanthropy
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