Overview
What is The Industry Productions Inc?
The Industry Productions Inc, situated with unspecified details, is a nonprofit organization dedicated to fostering and showcasing the performing arts. They accomplish this mission through diverse programs, such as funding for ongoing operations and organizing performing arts events. Their primary objective is to cultivate and elevate the performing arts sector.
Official website here: www.theindustryla.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating. The Industry Productions Inc demonstrates a solid level of accountability and financial stability, with a remarkable 90% score in this category. The organization has an independent board consisting of 100% independent members, indicating robust governance practices. Additionally, the absence of material diversion of assets highlights a strong commitment to financial integrity.
The organization excels in its program expense ratio, with an impressive 98.15%, showing that nearly all funds are directed towards its mission-driven activities. This commitment to maximizing program spending is a significant strength, suggesting effective resource management. Furthermore, the organization has established comprehensive policies, including conflict of interest and whistleblower policies, which reinforces its transparency and ethical standards.
On the cultural and community front, The Industry Productions Inc received a perfect score of 100%. This indicates a strong engagement with and commitment to the communities it serves. However, while the financial and governance aspects are commendable, the limited information on larger community impacts or outcomes could be a consideration for potential donors looking to understand the organization's broader effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The Industry Productions Inc legitimate?
The Industry Productions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Industry Productions 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: $321,054
For more financial information, click here
Official website here: www.theindustryla.org
What is the mission statement of The Industry Productions Inc?
The mission of The Industry Productions Inc, a non-profit organization, is centered around the development and promotion of the performing arts. They achieve this goal through various initiatives, such as providing general operating support and hosting performing arts events. By doing so, they contribute to the growth and exposure of the performing arts scene. Their activities aim to foster creativity, inspire artists, and engage audiences in the appreciation of diverse theatrical works.
Official website here: www.theindustryla.org
What is the revenue of The Industry Productions Inc?
The Industry Productions Inc's revenue in 2023 was $951,742.
Official website here: www.theindustryla.org
Who are the executives of The Industry Productions Inc and what are their salaries?
The average compensation at The Industry Productions Inc during 2023 was $45,865. There are 7 employees at The Industry Productions Inc.
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Official website here: www.theindustryla.org
Where can I find the form 990 for The Industry Productions Inc?
The Industry Productions Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.theindustryla.org
Learn more at the official website: www.theindustryla.org
Mission Statement of The Industry Productions Inc
The Industry Productions Inc, a nonprofit organization, is dedicated to the development and promotion of the performing arts. They accomplish this mission through a variety of programs. One of their key initiatives involves providing general operating support to artists and performing arts organizations. Beyond this, they also organize and stage various performing arts events, serving as a platform to showcase talent and further the reach of the performing arts. By engaging in these activities, The Industry Productions Inc plays a significant role in fostering and nurturing the performing arts scene.
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Impact
July, 2024
The Industry Productions Inc, through its development and promotion of the performing arts in Los Angeles, CA, has had a significant impact on the cultural landscape of the city. By providing general operating support and organizing diverse performing arts events, The Industry has enriched the community by offering unique artistic experiences and fostering creativity among artists and audiences alike. Its dedication to the arts has not only contributed to the vibrancy of the local arts scene but has also helped in showcasing the talent and innovation present in the performing arts industry. The Industry's commitment to promoting the arts has made a lasting impression on the artistic community and has solidified its place as a key player in the cultural sphere of Los Angeles.
This information is meant to be a general summary of The Industry Productions 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 2023.
- Program Service Revenue: $37,338
- Gross Receipts: $951,742
Assets and Liabilities:
- Total Assets: $676,356
- Total Liabilities: $11,725
- Net Assets: $664,631
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CDDVDDIGITALST SALES
Revenue
$866
BOOKTICKETMERCH SALES
Revenue
$36,220
Co-Production Fees
Revenue
$252
Organization Details
Founding Year
2011
Principal Officer
Edgar Garcia
Website
www.theindustryla.orgNTEE Category
Code: A6A - Arts
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