Overview
What is Ocean Professional Theatre Company Inc?
Ocean Professional Theatre Company Inc, situated in Ocean County, New Jersey, is a nonprofit organization dedicated to offering high-quality professional theater performances to its local community and visitors. Beyond entertainment, they are also committed to fostering theater arts education, providing training and opportunities for individuals interested in the field. Their programs encompass both theater productions and educational initiatives, aiming to engage and inspire the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Ocean Professional Theatre Company Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization's overall score is based entirely on its Accountability & Finance score, which reflects its commitment to transparent and responsible financial practices.
Strengths of the nonprofit include having a fully independent board, as evidenced by an impressive score of 100% for majority independent board members. Additionally, the organization demonstrates strong financial oversight, with a full audit of its financial statements and no noted material diversion of assets. Its program expense ratio of 86.42% suggests that a significant portion of its funding is directed towards its mission-related activities.
While the organization shows strong performance in financial responsibility, it is important for potential supporters to consider the broader impact of its programming and community engagement efforts. The available data highlights financial metrics, but further information about the organization's programming effectiveness and community feedback could provide a more comprehensive understanding of its overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Ocean Professional Theatre Company Inc legitimate?
Ocean Professional Theatre Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ocean Professional Theatre Company 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: $234,450
Professional Fundraising Fees: $0
Other Salaries and Wages: $820,099
For more financial information, click here
What is the mission statement of Ocean Professional Theatre Company Inc?
Ocean Professional Theatre Company Inc strives to deliver high-quality professional theatre performances to its audience, both local residents and visitors. Beyond entertainment, the company is committed to educating and nurturing talent in the field of theatre arts. This is achieved through its teaching and training programs, providing a platform for individuals to develop their skills and passion for theatre. The organization's activities encompass both theatre productions and educational programs, catering to a wide range of interests and levels of experience.
Who is the CEO of Ocean Professional Theatre Company Inc?
Steve Steiner is the Pres & Exec Director of Ocean Professional Theatre Company Inc.
What is the revenue of Ocean Professional Theatre Company Inc?
Ocean Professional Theatre Company Inc's revenue in 2022 was $2,917,121.
Who are the executives of Ocean Professional Theatre Company Inc and what are their salaries?
The average compensation at Ocean Professional Theatre Company Inc during 2022 was $7,479. There are 141 employees and 75 volunteers at Ocean Professional Theatre Company Inc.
Here are 6 key members and their salaries:
- Compensation: $71,150
- Related: $0
- Other: $0
- Compensation: $76,650
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $86,650
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ocean Professional Theatre Company Inc?
Ocean Professional Theatre Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ocean Professional Theatre Company Inc
Ocean Professional Theatre Company Inc, a renowned organization, is committed to delivering top-notch professional theatre experiences to the local community in Ocean County, New Jersey, as well as to visitors. Beyond entertainment, the company also offers educational opportunities and training in theatre arts. By providing a diverse range of theatre productions and education programs, Ocean Professional Theatre Company Inc aims to foster a deeper appreciation for the art of theatre and inspire the next generation of performers and creatives.
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Impact
July, 2024
Ocean Professional Theatre Company Inc's impact lies in its dedication to providing high-quality professional theatre experiences for the residents of and visitors to Ocean County, New Jersey. Through engaging theater productions and educational programs, the company enriches the cultural landscape of the community and fosters a love for the arts. By offering teaching and training in theatre arts, Ocean Professional Theatre Company Inc not only entertains but also helps develop talent and inspire creativity in individuals of all ages. Their commitment to excellence in the arts contributes to the cultural vibrancy of Beach Haven and beyond, making a lasting impression on audiences and aspiring artists alike.
This information is meant to be a general summary of Ocean Professional Theatre Company 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 2022.
- Investment Income: $477
- Program Service Revenue: $1,883,791
- Gross Receipts: $3,000,594
Assets and Liabilities:
- Total Assets: $1,590,805
- Total Liabilities: $746,674
- Net Assets: $844,131
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Theater Productions & Education
Revenue
$1,883,791
Organization Details
Founding Year
2011
Phone
(732) 644-6834Principal Officer
Steve Steiner
Main Address
201 Engleside Avenue, Beach Haven, NJ, 08008
NTEE Category
Code: A65 - Arts
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