Overview
What is Penumbra Theatre Company Inc?
Penumbra Theatre Company Inc, situated in St. Paul, Minnesota, is a distinguished nonprofit organization dedicated to creating thought-provoking and excellent performances that reflect the African American experience. As the company evolves, it is transforming into a center for racial healing, aiming to foster new artistic programs, robust equity training, and wellness services. With a team of 86 dedicated individuals, Penumbra resumed its in-person programming after COVID-19 restrictions eased, featuring shows like Black Nativity, Thurgood, and The Ashe Lab. Their mission to illuminate the human condition through an African American perspective has been a longstanding tradition, and they continue to impact their community by offering new and relevant productions.
Official website here: www.penumbratheatre.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Stars
Penumbra Theatre Company Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial health. With a score of 95 for Accountability & Finance and 98 for Culture & Community, the organization demonstrates strong operational practices and a commitment to ethical governance, including a predominantly independent board and robust oversight measures.
The organization's financial ratios indicate sound fiscal management, with a program expense ratio of 69.63%, suggesting that a significant portion of its resources is directed towards its core mission. Additionally, the fundraising efficiency ratio of $0.07 highlights its effectiveness in managing fundraising costs, allowing more funds to be available for programming and outreach.
Feedback collection and usage are fully rated at 100%, showcasing a responsive approach to community engagement. Overall, Penumbra Theatre Company Inc stands out for its transparency, strong financial integrity, and dedication to fostering a vibrant cultural community, making it a commendable nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Penumbra Theatre Company Inc legitimate?
Penumbra Theatre Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Penumbra Theatre Company 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: $342,567
Professional Fundraising Fees: $13,086
Other Salaries and Wages: $1,467,335
For more financial information, click here
Official website here: www.penumbratheatre.org
What is the mission statement of Penumbra Theatre Company Inc?
Penumbra Theatre Company Inc's mission is centered around creating professionally excellent, thought-provoking, and relevant productions that shed light on the human condition through an African American perspective. Currently, the company is transforming into a center for racial healing. In the future, Penumbra will operate as a dynamic performing arts, retreat, and learning center, focusing on developing new work, ideas, and sustainable strategies for social change. By leveraging its rich history, the company plans to introduce new artistic programs, robust equity training, and wellness services.
Official website here: www.penumbratheatre.org
What is the revenue of Penumbra Theatre Company Inc?
Penumbra Theatre Company Inc's revenue in 2024 was $2,127,399.
Official website here: www.penumbratheatre.org
Who are the executives of Penumbra Theatre Company Inc and what are their salaries?
The average compensation at Penumbra Theatre Company Inc during 2024 was $13,608. There are 133 employees and 30 volunteers at Penumbra Theatre Company Inc.
Here are 21 key members and their salaries:
- Compensation: $115,796
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- Other: $26,233
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- Other: $13,308
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Official website here: www.penumbratheatre.org
Where can I find the form 990 for Penumbra Theatre Company Inc?
Penumbra Theatre Company Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.penumbratheatre.org
Learn more at the official website: www.penumbratheatre.org
Mission Statement of Penumbra Theatre Company Inc
Penumbra Theatre Company Inc, a renowned organization, is committed to creating professional productions that are artistically excellent, thought-provoking, relevant, and enlightening. Through the lens of the African American experience, these productions aim to illuminate the human condition. Currently, Penumbra is transforming into a center for racial healing, envisioning a future as a dynamic performing arts, retreat, and learning center. This future Penumbra will generate new artistic programs, robust equity training, and wellness services, building upon its rich history. The company's mission is to develop innovative ideas and sustainable strategies for social change, striving to make a significant impact in promoting understanding and healing related to racial issues.
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Impact
July, 2024
Penumbra Theatre Company Inc's impact is significant in the realm of arts and racial healing. Through its professional productions that are artistically excellent, thought-provoking, and relevant, Penumbra illuminates the human condition through the prism of the African American experience. The company is evolving into a center for racial healing, aiming to become a dynamic performing arts, retreat, and learning center that develops new work, ideas, and sustainable strategies for social change. By offering new artistic programs, robust equity training, and wellness services, Penumbra is making a tangible difference in fostering understanding, promoting diversity, and contributing to social change through the power of the arts.
This information is meant to be a general summary of Penumbra Theatre Company 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 2024.
- Investment Income: $197,462
- Program Service Revenue: $372,491
- Gross Receipts: $2,127,399
Assets and Liabilities:
- Total Assets: $10,977,154
- Total Liabilities: $365,173
- Net Assets: $10,611,981
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$317,016
EDUCATION INCOME
Revenue
$55,475
Organization Details
Founding Year
1986
Principal Officer
Amy Thomas
Website
www.penumbratheatre.orgNTEE Category
Code: A60Z - Arts
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