Overview
What is Madison Project?
The Madison Project, with its operational base in Santa Monica, California, is a nonprofit organization primarily known as The Broad Stage. Their primary mission is to bring a diverse array of performances, encompassing music, opera, theater, and dance, to the general public. With a staff of 42 dedicated individuals, they strive to promote the role of arts in fostering shared humanity and community vitality. During the fiscal year ending June 30, 2022, they presented 54 engaging and thought-provoking performances.
Official website here: www.thebroadstage.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 97%, Four-Star out of Four Star rating.
The Madison Project has achieved an impressive 97% rating from Charity Navigator, indicating a high level of accountability and financial health. This remarkable score reflects the charity's commitment to transparency and good governance, evidenced by its independent board composition and robust financial oversight mechanisms. With an entirely positive evaluation across various metrics, including program expense ratio and fundraising efficiency, the organization demonstrates effective financial stewardship.
Strengths highlighted in the evaluation include a majority independent board, comprehensive audit processes, and adherence to essential policies such as conflict of interest and whistleblower protections. The charity also excels in its program expenditure, allocating approximately 75.89% of its budget to programs, which underscores its focus on mission-related activities.
While the data showcases strong performance in financial metrics and governance, the summary does not mention any specific limitations or areas for improvement. Overall, the Madison Project stands out as a highly rated nonprofit dedicated to maintaining fiscal responsibility and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Madison Project legitimate?
Madison Project is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Project 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: $124,694
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,443,039
For more financial information, click here
Official website here: www.thebroadstage.com
What is the mission statement of Madison Project?
The Madison Project, as an organization, gathers artists, thinkers, and audiences to honor our shared humanity and broaden the role of the arts in enriching our diverse community. Their mission is to present performances for the general public, aiming to celebrate the depth and universality of human experiences through various artistic mediums such as music, opera, theater, and dance. During the fiscal year ending June 30, 2022, they presented 54 performances, showcasing the power of art to connect and inspire people.
Official website here: www.thebroadstage.com
Who is the CEO of Madison Project?
Rob Bailis is the Director of Madison Project.
Official website here: www.thebroadstage.com
What is the revenue of Madison Project?
Madison Project's revenue in 2022 was $4,846,739.
Official website here: www.thebroadstage.com
Who are the executives of Madison Project and what are their salaries?
The average compensation at Madison Project during 2022 was $37,327. There are 42 employees and 57 volunteers at Madison Project.
Here are 17 key members and their salaries:
- Compensation: $0
- Related: $339,574
- Other: $78,608
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- Related: $4,800
- Other: $10,861
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- Related: $4,800
- Other: $1,691
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- Compensation: $110,732
- Related: $162,177
- Other: $49,518
Official website here: www.thebroadstage.com
Where can I find the form 990 for Madison Project?
Madison Project's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thebroadstage.com
Learn more at the official website: www.thebroadstage.com
Mission Statement of Madison Project
The Madison Project, as a nonprofit organization, is dedicated to showcasing a variety of artistic performances for the general public. Their mission is multifaceted, aiming to bring together artists, thinkers, and audiences to celebrate our shared humanity and expand the role of the arts in enriching our diverse community. By presenting a range of performances including music, opera, theater, and dance, the Madison Project seeks to foster a sense of unity and appreciation for the transformative power of art. During the fiscal year ending June 30, 2022, the Madison Project presented 54 such performances, demonstrating their commitment to this mission.
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Impact
July, 2024
Madison Project's impact lies in presenting 54 performances of music, opera, theater, and dance for the general public in Santa Monica, CA. Through these performances, Madison Project aims to gather artists, thinkers, and audiences to celebrate our shared humanity and enhance the role of arts in the vitality of our diverse community.
This information is meant to be a general summary of Madison Project. 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: $211,552
- Program Service Revenue: $1,090,474
- Gross Receipts: $6,525,766
Assets and Liabilities:
- Total Assets: $18,228,148
- Total Liabilities: $1,560,119
- Net Assets: $16,668,029
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$1,016,950
BOX OFFICE FEES
Revenue
$73,524
Organization Details
Founding Year
2006
Phone
(310) 434-3430Principal Officer
Rob Bailis
Main Address
1900 PICO BLVD, SANTA MONICA, CA, 90405
Website
www.thebroadstage.comNTEE Category
Code: A65 - Arts
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