4th Street Theatre Inc

Charity Navigator Rating: 33% (Zero-Star out of Four Star rating)

4th Street Theatre Inc has been assigned a score of 33% by Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The charity receives full marks for having a fully independent board and shows no material diversion of assets, which are positive indicators of governance. However, critical deficiencies in transparency and financial management contribute heavily to its low rating.

The organization is noted for lacking several essential policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which raises questions about its operational practices. Additionally, the absence of a website listed on its tax form and the failure to post its tax documents online further diminish its accountability. The program expense ratio stands at a low 26.36%, suggesting that a minimal portion of its budget is directed toward its intended charitable activities.

Overall, while 4th Street Theatre Inc demonstrates some governance strengths, the significant gaps in policy and transparency are critical drawbacks that potential donors and supporters should consider. The low rating from Charity Navigator reflects these considerable limitations and indicates a need for improvement in the charity's operational practices.

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

4th Street Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 4th Street Theatre 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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