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Riverside Theatre Co

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 421188839 ✦ Iowa city, IA ✦ Designated as a 501(c)(3)

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Overview

What is Riverside Theatre Co?

Riverside Theatre Co is a nonprofit organization situated in Iowa City, Iowa, specifically at 308 E Burlington St 304. Their mission is to enrich the local community by fostering an appreciation for dramatic arts, employing artists, and promoting serious discourse and reflection. During their 2021/2022 season, they presented a mix of virtual and live productions, including Shakespeare's plays, free readings, post-show discussions, special events, and a virtual educational program. This not only offered high-quality theatrical experiences to patrons and students but also provided professional opportunities for local and regional theatre artists. With a team of 17 individuals, Riverside Theatre Co serves as a platform for engaging and intimate productions, ranging from classics to new works, thereby strengthening the cultural fabric of Iowa City.


Official website here: www.riversidetheatre.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% - Four-Star out of Four Star Rating

Riverside Theatre Co has achieved a strong rating of 92% from Charity Navigator, indicating a commendable level of accountability and financial health. The organization has a perfect score for having a fully independent board, which suggests a robust governance structure. Additionally, it demonstrates sound financial practices with a low liabilities to assets ratio and a high program expense ratio, reflecting its commitment to using resources effectively for its mission.

While the nonprofit excels in various areas, one notable limitation is the absence of a whistleblower policy, which could be a potential risk regarding transparency and ethical governance. Despite this shortcoming, Riverside Theatre Co maintains thorough documentation practices, including board meeting minutes and a conflict of interest policy, contributing to its overall accountability.

Overall, Riverside Theatre Co's strong financial performance and governance practices make it a reliable choice for donors looking to support a nonprofit with a focus on transparency and effective program spending. Continual improvements, particularly in governance policies, could further enhance its credibility and operational integrity.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Riverside Theatre Co?

94% of the 52 reviews on Facebook recommend Riverside Theatre Co. Here is a summary of their reviews:

The audience appreciates the quality of the productions, with one standout being "Bakersfield Mist," which was described as a "hilarious, thoughtful, delightfully physical work of theatrical art." This sentiment indicates that attendees find the performances to be both entertaining and intellectually engaging.

Overall, supporters emphasize the theatrical quality, suggesting that Riverside Theatre Co successfully delivers impactful and enjoyable experiences for its patrons. The positive reception points to a strong commitment to producing compelling theater that resonates with viewers.


This AI summary has been generated from reviews found on Facebook.

Is Riverside Theatre Co legitimate?

Riverside Theatre Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverside Theatre Co 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: $56,973
Professional Fundraising Fees: $0
Other Salaries and Wages: $218,775

For more financial information, click here


Official website here: www.riversidetheatre.org

What is the mission statement of Riverside Theatre Co?

The Riverside Theatre Company's mission is to enrich cultural experiences by presenting engaging productions of both classic and new works, serving as a creative home for regional theatre professionals. By offering a variety of full productions, outreach events, and educational activities, the company fosters a deeper appreciation for the dramatic arts within the community. Through opportunities for serious discourse and reflection, Riverside Theatre strengthens its audience's connection to the arts, providing high-quality theatrical experiences while offering professional development chances for local and regional artists. During its 2021/2022 season, the company showcased virtual productions, live performances, readings, post-show discussions, special events, and a virtual Shakespeare educational program.


Official website here: www.riversidetheatre.org

Who is the CEO of Riverside Theatre Co?

Cynthia Schmidt is the Co-Chair of Riverside Theatre Co.


Official website here: www.riversidetheatre.org

What is the revenue of Riverside Theatre Co?

Riverside Theatre Co's revenue in 2022 was $1,153,870.


Official website here: www.riversidetheatre.org

Who are the executives of Riverside Theatre Co and what are their salaries?

The average compensation at Riverside Theatre Co during 2022 was $16,220. There are 17 employees and 35 volunteers at Riverside Theatre Co.


Here are 19 key members and their salaries:


Adam Knight (Prod. Art. D)
  • Compensation: $50,833
  • Related: $0
  • Other: $4,064
Derek Logas Joined Sept Sept 2021 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Throgmorton Joined Sept 2021 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vin Hrasky Left Aug 2021 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christoph Gorman Left Jan 2022 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Cavanaugh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wallace Chappell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lois Cox (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Feilmeier-Marzen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amelia Kanellis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Uri Lessing (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Loomis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ana Merino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Olsen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marnie Saeugling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Schmidt (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Willard (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Weijing Wu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Zaiger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.riversidetheatre.org

Where can I find the form 990 for Riverside Theatre Co?

Riverside Theatre Co's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.riversidetheatre.org

Learn more at the official website: www.riversidetheatre.org

Mission Statement of Riverside Theatre Co

Riverside Theatre Co, a nonprofit organization, plays a significant role in connecting artists and audiences through intimate and engaging productions, ranging from classic works to new creations. Its mission is to enrich the cultural fabric of various communities by fostering a deeper appreciation for the dramatic arts. By presenting a diverse range of full productions, outreach events, and educational activities, Riverside Theatre Co aims to serve its audience with programming that not only entertains but also provides opportunities for serious discourse and reflection. The company employs regional theatre professionals, offering them a creative home while strengthening the community through its offerings. During its 2021/2022 season, Riverside Theatre Co presented a variety of virtual productions, live plays, readings, post-show discussions, special events, and a virtual Shakespeare educational program, providing high-quality theatrical experiences and professional opportunities for local and regional theatre artists.

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Impact




July, 2024

Riverside Theatre Co's impact is significant in enhancing the cultural fabric of Iowa City by providing intimate and engaging productions from classics to new works. This organization fosters a deeper appreciation for the dramatic arts through its roster of full productions, outreach events, and educational activities. By serving the Iowa City area with high-quality programming, Riverside Theatre Co not only entertains audiences but also provides professional opportunities for local and regional theatre artists to further their craft. Through opportunities for serious discourse and reflection, Riverside Theatre Co strengthens the community and contributes to the overall cultural richness of the region.




This information is meant to be a general summary of Riverside Theatre Co. 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.

Revenue
$1,153,870 (2022)
Expenses
$813,917 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $327
  • Program Service Revenue: $147,232
  • Gross Receipts: $1,155,717

Assets and Liabilities:

  • Total Assets: $872,635
  • Total Liabilities: $168,967
  • Net Assets: $703,668

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TICKET SALES/ADMISSIONS

Revenue

$116,022

MERCHANDISE/CONCESSIONS

Revenue

$20,844

GIFT CERTIFICATES/ OTHER FEES

Revenue

$10,366

Organization Details

Founding Year

1982

Principal Officer

Cynthia Schmidt

Main Address

308 E BURLINGTON ST 304, IOWA CITY, IA, 52240

NTEE Category

Code: A650 - Arts

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