Overview
What is Open Eye Theatre?
Open Eye Theatre, situated in Minneapolis, Minnesota, is a celebrated nonprofit organization renowned for crafting captivating theatrical experiences on a modest scale. Based at 506 E 24th St, this esteemed institution is recognized nationally for its visually stimulating productions that blend evocative theatre, puppetry, live music, and storytelling. By presenting these art forms in their intimate jewel-box venue and through their acclaimed Driveway Tour, Open Eye delights audiences of all ages and supports artists at various stages of their careers. To ensure economic accessibility, they maintain affordable ticket prices and offer programs that minimize economic barriers in participating in the arts. In essence, Open Eye Figure Theatre is dedicated to fostering adventurous and imaginative arts programming in theatre, puppetry, live music, dance, and storytelling, serving both artists and audiences alike.
Official website here: www.openeyetheatre.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Open Eye Theatre has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and transparency. The organization demonstrates exceptional governance practices, with a fully independent board consisting of nine members and no material diversion of assets reported. Furthermore, the charity adheres to solid financial practices, as evidenced by a low liabilities to assets ratio and a high program expense ratio of 91.80%, showing that a significant portion of its resources is allocated to its programs.
Strengths of Open Eye Theatre include its comprehensive policies on conflict of interest, whistleblower protections, and document retention, all of which are crucial for maintaining ethical standards and operational integrity. The charity's commitment to transparency is reflected in its thorough documentation practices, including the availability of board meeting minutes on its website.
While Open Eye Theatre showcases strong financial management and governance, continuous monitoring of its performance and impact will ensure that it maintains this high standard in the future. Overall, the organization is well-positioned to fulfill its mission effectively while upholding the trust of its donors and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Open Eye Theatre legitimate?
Open Eye Theatre is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Eye 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: $60,360
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,412
For more financial information, click here
Official website here: www.openeyetheatre.org
What is the mission statement of Open Eye Theatre?
Open Eye Theatre is dedicated to promoting adventurous and imaginative arts for both artists and audiences. Their mission involves showcasing theatre, puppetry, live music, dance, and storytelling in innovative ways. They strive to bring a visual spectacle of evocative performances to the stage, delighting audiences of all ages. Open Eye Theatre is committed to economic accessibility, keeping ticket prices affordable and providing programs to remove financial barriers to arts participation. Their work is nationally recognized and includes grand theatrical events on an intimate scale, as well as tours throughout their local community.
Official website here: www.openeyetheatre.org
Who is the CEO of Open Eye Theatre?
Libby Lincoln is the President of Open Eye Theatre.
Official website here: www.openeyetheatre.org
What is the revenue of Open Eye Theatre?
Open Eye Theatre's revenue in 2022 was $494,913.
Official website here: www.openeyetheatre.org
Who are the executives of Open Eye Theatre and what are their salaries?
The average compensation at Open Eye Theatre during 2022 was $12,308. There are 9 employees and 50 volunteers at Open Eye Theatre.
Here are 8 key members and their salaries:
- Compensation: $60,360
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.openeyetheatre.org
Where can I find the form 990 for Open Eye Theatre?
Open Eye Theatre's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.openeyetheatre.org
Learn more at the official website: www.openeyetheatre.org
Mission Statement of Open Eye Theatre
Open Eye Theatre, a renowned organization, is dedicated to serving both artists and audiences by promoting adventurous and imaginative arts programming. This encompasses various art forms such as theatre, puppetry, live music, dance, and storytelling. The mission of Open Eye Theatre is to provide a visual feast of engaging and thought-provoking performances that appeal to audiences of all ages. By producing shows in its intimate Minneapolis venue and touring throughout the Twin Cities, Open Eye Theatre brings its whimsical yet profound work to stages across the region. In addition to its artistic endeavors, Open Eye Theatre is committed to economic accessibility, keeping ticket prices affordable and offering programs that remove financial and perceived barriers to participation in the arts. This ensures that the arts are accessible to a diverse range of individuals and communities.
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Impact
July, 2024
Open Eye Theatre's impact lies in its ability to bring adventurous and imaginative arts programming to artists and audiences alike. Through their grand theatrical events on an intimate scale, they have gained national recognition for their visually captivating performances that blend theatre, puppetry, live music, dance, and storytelling. Open Eye's commitment to economic accessibility ensures that their work is enjoyed by diverse audiences, making art more accessible and inclusive. By supporting artists at every stage of their development and delighting audiences of all ages, Open Eye Theatre enriches the cultural landscape of Minneapolis and beyond.
This information is meant to be a general summary of Open Eye 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: $11
- Program Service Revenue: $149,354
- Gross Receipts: $503,999
Assets and Liabilities:
- Total Assets: $485,143
- Total Liabilities: $43,621
- Net Assets: $441,522
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Concessions
Revenue
$77
Coproduction/space rental
Revenue
$17,208
Home streaming
Ticket sales
Revenue
$110,820
Tour Performance fees
Revenue
$21,249
Organization Details
Founding Year
2000
Phone
(612) 874-6338Principal Officer
Libby Lincoln
Main Address
506 E 24th St, Minneapolis, MN, 55404
Website
www.openeyetheatre.orgNTEE Category
Code: A61 - Arts
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