Overview
What is Granbury Theatre Company Inc?
Granbury Theatre Company Inc, based in Granbury, Texas, is a nonprofit organization that plays a significant role in the community. Their primary mission is to educate the public on various topics beneficial to society and promote cultural awareness through the arts. They achieve this by presenting culturally relevant productions, providing opportunities for community members to engage in theatre production, and offering educational programs on art, theatre, and other cultural subjects. By doing so, they enrich the community with high-quality theatre presentations suitable for both adults and children. With a dedicated workforce of 46 individuals, Granbury Theatre Company Inc continues to contribute to the local community's cultural life.
Official website here: www.granburytheatrecompany.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Stars)
Granbury Theatre Company Inc has received a Two-Star rating from Charity Navigator, indicating areas for improvement in its accountability and financial management. While the organization scored well in governance aspects such as having a majority independent board and strong conflict of interest policies, it struggled significantly with its financial statements, earning zero points in that category.
The organization demonstrates a commitment to transparency through its adherence to document retention policies and having minutes for board meetings. However, the financial performance metrics reveal a concerning picture, particularly with a relatively low program expense ratio of 60.28%, suggesting that a smaller portion of its budget is allocated directly to program services compared to administrative or fundraising costs.
Overall, while Granbury Theatre Company Inc has strengths in governance and operational policies, the lack of sound financial reporting and a borderline program expense ratio highlight critical areas needing attention for better accountability and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Granbury Theatre Company Inc legitimate?
Granbury Theatre Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Granbury 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $428,462
For more financial information, click here
Official website here: www.granburytheatrecompany.org
What is the mission statement of Granbury Theatre Company Inc?
The Granbury Theatre Company Inc's mission is centered around enriching the community by promoting arts and cultural awareness. They achieve this by educating the public on relevant subjects and presenting high-quality theatre productions suitable for both adults and children. The organization extends its reach by providing opportunities for community members to engage in the arts and learn about theatre production. Furthermore, it offers educational opportunities to foster a deeper understanding of art and various cultural topics.
Official website here: www.granburytheatrecompany.org
Who is the CEO of Granbury Theatre Company Inc?
Micky Shearon is the President of Granbury Theatre Company Inc.
Official website here: www.granburytheatrecompany.org
What is the revenue of Granbury Theatre Company Inc?
Granbury Theatre Company Inc's revenue in 2022 was $2,023,059.
Official website here: www.granburytheatrecompany.org
Who are the executives of Granbury Theatre Company Inc and what are their salaries?
The average compensation at Granbury Theatre Company Inc during 2022 was $9,314. There are 46 employees and 37 volunteers at Granbury Theatre Company Inc.
Here are 5 key members and their salaries:
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Official website here: www.granburytheatrecompany.org
Where can I find the form 990 for Granbury Theatre Company Inc?
Granbury Theatre Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.granburytheatrecompany.org
Learn more at the official website: www.granburytheatrecompany.org
Mission Statement of Granbury Theatre Company Inc
Granbury Theatre Company, a nonprofit organization, is dedicated to enriching the community by promoting arts and cultural awareness. Its mission is threefold: firstly, it aims to educate the public on subjects that are beneficial to the community. Secondly, it strives to promote the arts, offering high-quality theatre presentations that cater to both adults and children. Lastly, the company seeks to enrich the community by providing opportunities for individuals to participate in the arts and learn about theatre production. Through its educational initiatives, Granbury Theatre Company encourages community members to explore and understand various art forms and theatre techniques.
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Impact
July, 2024
Granbury Theatre Company Inc has a significant impact on the community by providing high-quality theatre presentations for all ages, promoting arts and cultural awareness, and offering educational opportunities for community members. Through its culturally relevant productions, the organization enriches the community and provides a platform for community members to engage with the arts and learn about theatre production. Granbury Theatre Company Inc plays a vital role in educating the public on subjects useful to the community while fostering a love for the arts and cultural enrichment.
This information is meant to be a general summary of Granbury 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.
- Program Service Revenue: $2,023,059
- Gross Receipts: $2,023,059
Assets and Liabilities:
- Total Assets: $1,205,443
- Total Liabilities: $0
- Net Assets: $1,205,443
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
theatrical performances
Revenue
$2,023,059
Organization Details
Founding Year
2011
Phone
(817) 279-7412Principal Officer
Micky Shearon
Main Address
PO BOX 182, GRANBURY, TX, 76048
NTEE Category
Code: A65 - Arts
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