Overview
What is Matrix Theatre Company?
Matrix Theatre Company, based in Detroit, Michigan, is a nonprofit organization dedicated to utilizing the transformative power of theatre to impact lives, foster community, and promote social justice. With a mission to create original theatre, they offer chances for children, youth, adults, and the elderly, particularly those residing in isolated or challenged communities, to engage as creators, producers, and audience members. The company boasts a team of four dedicated individuals, working tirelessly to bring about change through theatrical performances.
Official website here: www.matrixtheatre.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% - Four-Star out of Four Star Rating
Matrix Theatre Company has achieved an impressive 97% rating from Charity Navigator, indicating a strong level of accountability and financial health. The rating is derived entirely from their Accountability & Finance score, reflecting a well-managed organization that meets strict standards for transparency.
The company boasts a fully independent board, with all 10 members being independent, which adds to its governance strength. Key policies regarding conflicts of interest, whistleblower protections, and document retention are all in place and properly listed, showcasing a commitment to ethical operations. Additionally, the organization has a favorable liabilities to assets ratio at 8.68%, emphasizing its sound financial practices.
However, while the company reports a program expense ratio of 70.70%, which indicates a significant portion of its budget is directed toward programs rather than administrative costs, it is essential for potential donors to consider how these programs align with their funding priorities. Overall, Matrix Theatre Company appears to be a responsible and transparent nonprofit worthy of support.
This AI summary has been generated from information found on Charity Navigator.
Is Matrix Theatre Company legitimate?
Matrix Theatre Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Matrix Theatre 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $65,795
For more financial information, click here
Official website here: www.matrixtheatre.org
What is the mission statement of Matrix Theatre Company?
The Matrix Theatre Company's mission is centered around creating original theatre to bring about life-changing experiences, foster community, and promote social justice. This organization offers opportunities for individuals of various age groups, including children, youth, adults, and the elderly, to engage as creators, producers, and audience members of this theatre. Leveraging the transformative power of theatre, Matrix Theatre Company aims to positively impact lives, build communities, and advocate for social equality, particularly in isolated or challenged communities.
Official website here: www.matrixtheatre.org
Who is the CEO of Matrix Theatre Company?
Kathryn Brennan is the President An of Matrix Theatre Company.
Official website here: www.matrixtheatre.org
What is the revenue of Matrix Theatre Company?
Matrix Theatre Company's revenue in 2022 was $182,252.
Official website here: www.matrixtheatre.org
Who are the executives of Matrix Theatre Company and what are their salaries?
The average compensation at Matrix Theatre Company during 2022 was $16,449. There are 4 employees and 20 volunteers at Matrix Theatre Company.
Here are 10 key members and their salaries:
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Official website here: www.matrixtheatre.org
Where can I find the form 990 for Matrix Theatre Company?
Matrix Theatre Company's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.matrixtheatre.org
Learn more at the official website: www.matrixtheatre.org
Mission Statement of Matrix Theatre Company
Matrix Theatre Company, with a mission to create original theatre, aims to bring about life changes, foster community, and promote social justice. This organization provides a platform for children, youth, adults, and even the elderly, particularly those residing in isolated or challenging communities, to step into the roles of creators, producers, and audience members of theatre productions. By utilizing the transformative power of theatre, Matrix Theatre Company strives to make a positive impact on individuals' lives and strengthen the bonds within their communities, while advocating for social justice.
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Impact
October, 2024
Matrix Theatre Company significantly impacts the community by harnessing the transformative power of theatre. Through its innovative approach, it creates original plays that not only entertain but also provoke thought and inspire change. The company serves a diverse range of participants, including children, youth, adults, and elders, particularly those from isolated or challenged communities.
By offering opportunities for individuals to become creators, producers, and audience members, Matrix Theatre fosters a sense of belonging and empowerment. This engagement not only enhances personal development but also strengthens community ties, promoting social justice and cultural awareness. The company’s commitment to original theatre cultivates a platform where voices can be heard, stories can be shared, and social issues can be addressed, ultimately contributing to a more vibrant and equitable society in Detroit.
This information is meant to be a general summary of Matrix Theatre 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 2022.
- Investment Income: $45
- Program Service Revenue: $27,261
- Gross Receipts: $182,733
Assets and Liabilities:
- Total Assets: $119,116
- Total Liabilities: $10,347
- Net Assets: $108,769
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION/CLASS FEES
Revenue
$15,471
WORKSHOPS
Revenue
$11,790
Organization Details
Founding Year
1991
Phone
(313) 967-0999Principal Officer
Kathryn Brennan
Main Address
2730 BAGLEY, DETROIT, MI, 48216
Website
www.matrixtheatre.orgNTEE Category
Code: A650 - Arts
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