Overview
What is Park Square Theatre?
Park Square Theatre is a distinguished nonprofit organization situated in St. Paul, Minnesota, recognized as the Best Theatre of 2020 by City Pages. Their mission is to enrich and educate the Upper Midwest community, specifically audiences and schools, through exceptional live theatre performances. The theatre annually creates and hosts two seasons of plays, showcasing a diverse range of genres including new works, classics, mysteries, musicals, and family-friendly shows. Park Square Theatre also boasts a student and family series anchored with literary classics. Their audience base includes over 50,000 individuals, with a strong presence in schools across all eight congressional districts and the region. The addition of their Andy Boss Thrust Stage in 2014 enabled Park Square Theatre to expand their artistic output, increase their artist roster, and improve their educational programming, reaching more audiences. The theatre is committed to showcasing new work by living writers and is a passionate producer of plays by BIPOC artists. Through their strategic efforts, Park Square Theatre aims to attract a new generation of fans and people of color, thus diversifying their audience mix. With a workforce of 53 dedicated individuals, Park Square Theatre continues to serve as a vibrant cultural hub in the community.
Official website here: www.parksquaretheatre.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 56%, One-Star out of Four Star rating.
Park Square Theatre has received a low rating of 56% from Charity Navigator, indicating significant concerns regarding its financial health and accountability. While the organization performs well in several areas such as having a fully independent board and strong policies for conflict of interest and whistleblower protections, the overall financial metrics raise red flags.
The Theatre's liabilities to assets ratio is particularly alarming, standing at 394.01%, which suggests a precarious financial situation. Additionally, the organization has not posted its tax form on its website, which is a missed opportunity for transparency. The program expense ratio is also concerning, with only 50.18% of expenses going towards programs, indicating a potential inefficiency in fund allocation.
Despite its strengths in governance policies and audit oversight, the financial indicators suggest that Park Square Theatre may face challenges that could impact its mission and sustainability. Prospective donors may want to consider these factors carefully before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Park Square Theatre legitimate?
Park Square Theatre is a legitimate nonprofit organization registered as a 501(c)(3) entity. Park Square Theatre 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: $43,635
Professional Fundraising Fees: $0
Other Salaries and Wages: $732,369
For more financial information, click here
Official website here: www.parksquaretheatre.org
What is the mission statement of Park Square Theatre?
Park Square Theatre's mission is to enrich and educate the community by producing and presenting exceptional live theatre that resonates emotionally, stimulates intellectually, and delights spiritually. Their activities include creating and hosting two seasons of plays, a general audience series of new works, classics, mysteries, and musicals, and a student and family series. Their programming, named as the best theatre of 2020 by City Pages, attracts a large subscriber base and reaches a school audience from all 8 congressional districts. The addition of their Boss Thrust Stage in 2014 has allowed them to increase their artistic output, expand their artist roster, and serve more audiences. They also aim to diversify their artists and content to become more relevant to different audiences and attract a new generation of fans.
Official website here: www.parksquaretheatre.org
Who is the CEO of Park Square Theatre?
Rachel Murch-D'Olimpio is the President of Park Square Theatre.
Official website here: www.parksquaretheatre.org
What is the revenue of Park Square Theatre?
Park Square Theatre's revenue in 2022 was $2,005,889.
Official website here: www.parksquaretheatre.org
Who are the executives of Park Square Theatre and what are their salaries?
The average compensation at Park Square Theatre during 2022 was $14,642. There are 53 employees and 94 volunteers at Park Square Theatre.
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Official website here: www.parksquaretheatre.org
Where can I find the form 990 for Park Square Theatre?
Park Square Theatre's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.parksquaretheatre.org
Learn more at the official website: www.parksquaretheatre.org
Mission Statement of Park Square Theatre
Park Square Theatre, a prominent entity in live theatre, is dedicated to enriching and educating upper midwest audiences and schools. Their mission is to achieve this by producing and presenting exceptional live theatre performances that resonate emotionally, stimulate intellectual curiosity, and delight the spirit. This nonprofit organization strives to enrich the community by providing theatre that touches the heart, engages the mind, and delights the spirit.
Park Square Theatre annually creates and hosts two seasons of plays, showcasing a variety of genres such as new works, classics, mysteries, musicals, and family-friendly shows. Their commitment to diversity in artists and content aims to make their productions more relevant to different audiences, contributing to a shift in their audience demographic. Moreover, they are passionate about showcasing new work by living writers and are a prolific producer of plays by BIPOC artists.
The theatre's education programming is particularly noteworthy, serving a school audience from all eight congressional districts and the region. Their goal is to provide a platform for literary classics and offer matinee performances of family-friendly shows, thereby catering to a wide range of age groups. Park Square Theatre's strategic efforts to attract a new generation of fans and people of color through their storytelling and artist selection are a testament to their dedication to relevance and inclusivity.
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Impact
July, 2024
Park Square Theatre's impact is profound as it continuously enriches and educates upper Midwest audiences and schools with exceptional live theatre. With a wide range of programming, including new works, classics, mysteries, and musicals, Park Square Theatre has been recognized as the Best Theatre of 2020 by City Pages. By engaging diverse artists and audiences, the theatre has successfully expanded its reach and relevance, attracting a large subscriber base and an audience of over 50,000 annually. Through its commitment to showcasing new work by living writers and BIPOC artists, Park Square Theatre is not only entertaining but also pushing boundaries and fostering inclusivity in the performing arts.
This information is meant to be a general summary of Park Square Theatre. 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: $2,195
- Program Service Revenue: $316,068
- Gross Receipts: $2,037,856
Assets and Liabilities:
- Total Assets: $405,007
- Total Liabilities: $1,181,730
- Net Assets: -$776,723
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERFORMANCES
Revenue
$311,703
EDUCATIONAL WORKSHOPS
Revenue
$4,365
Organization Details
Founding Year
1975
Phone
(651) 767-8481Principal Officer
Rachel Murch-D'Olimpio
Main Address
408 ST PETER STREET 110, ST PAUL, MN, 55102
Website
www.parksquaretheatre.orgNTEE Category
Code: A65 - Arts
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