Overview
What is Wall Street Theater Company Inc?
Wall Street Theater Company Inc, situated in Norwalk, Connecticut, is a distinguished nonprofit organization with a mission to entertain, enrich, and educate the local community. Located at 71 Wall Street, this organization stands out as a historic landmark in the state. They achieve their mission by hosting a variety of professional music, comedy, and stage performances, collaborating with existing arts organizations in the area, and offering training programs in the performing arts for the youth. Furthermore, Wall Street Theater Company Inc prioritizes preserving its historic building, ensuring proper maintenance to uphold its significance. Their aim is to contribute to the cultural life of the greater Norwalk community by providing diverse and engaging experiences.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 62%, Two-Star out of Four Star rating
The Wall Street Theater Company Inc has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its financial transparency and accountability. While the organization boasts a fully independent board and a strong liabilities to assets ratio, it falls short in disclosing financial statements, which significantly impacts its overall score.
Strengths of the organization include a comprehensive conflict of interest policy, a whistleblower policy, and proper documentation of board meeting minutes. These factors contribute positively to their governance structure. However, the absence of financial statements and the missing website listing on the tax form highlight areas that require improvement for better donor confidence.
Additionally, the organization's program expense ratio of 53.19% suggests that just over half of its expenses are directed towards its programs, which may raise questions among potential supporters about its operational efficiency. Overall, while there are commendable governance practices in place, the lack of financial transparency remains a significant limitation for the Wall Street Theater Company Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Wall Street Theater Company Inc legitimate?
Wall Street Theater Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wall Street Theater 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: $325,854
For more financial information, click here
What is the mission statement of Wall Street Theater Company Inc?
The Wall Street Theater Company Inc's mission is centered around providing diverse programming and advocating for arts education. Their goal is to enrich the cultural life of their community by offering high-quality shows, collaborating with local arts organizations, and offering training in the performing arts to the youth. Additionally, the company is committed to preserving its historic theater building, ensuring its maintenance is up to standard.
Who is the CEO of Wall Street Theater Company Inc?
Karol Martesko is the Vice President of Wall Street Theater Company Inc.
What is the revenue of Wall Street Theater Company Inc?
Wall Street Theater Company Inc's revenue in 2022 was $1,437,911.
Who are the executives of Wall Street Theater Company Inc and what are their salaries?
The average compensation at Wall Street Theater Company Inc during 2022 was $8,807. There are 37 employees and 30 volunteers at Wall Street Theater Company Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Wall Street Theater Company Inc?
Wall Street Theater Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wall Street Theater Company Inc
Wall Street Theater Company Inc, a distinguished organization, is committed to enriching the cultural life of its community through diverse programming and the promotion of arts education. The company's mission is multifaceted, aiming to entertain, educate, and engage its audience by presenting quality performances, collaborating with local arts organizations, and offering training opportunities in the performing arts for the youth. Additionally, Wall Street Theater Company Inc takes pride in preserving its historic theater building, a landmark in Connecticut, by maintaining it properly. The company's initiatives aim to provide engaging experiences for diverse audiences, contributing significantly to the cultural landscape of the community.
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Impact
July, 2024
The impact of Wall Street Theater Company Inc extends far beyond its historic building in Norwalk, CT. Through a wide variety of professional music, comedy, and stage performances, the company entertains, enriches, and educates the greater Norwalk community. By collaborating with existing arts organizations and providing training to the youth in the performing arts, Wall Street Theater Company Inc is cultivating diverse audiences and preserving the cultural heritage of the region. Its mission to promote arts education and offer quality programming is enhancing the cultural life of the community, making a significant contribution to the local arts and entertainment scene.
This information is meant to be a general summary of Wall Street Theater 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: $1,217,363
- Gross Receipts: $1,437,911
Assets and Liabilities:
- Total Assets: $1,561,997
- Total Liabilities: $0
- Net Assets: $1,561,997
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERT REVENUE
Revenue
$913,704
PERFORMANCE PRODUCTION
Revenue
$200,260
EVENT RENTALS
Revenue
$43,844
PROMOTIONAL ITEM SALES
Revenue
$59,555
Organization Details
Founding Year
2014
Phone
(203) 831-5004Principal Officer
Karol Martesko
Main Address
71 Wall Street, NORWALK, CT, 06850
NTEE Category
Code: N31 - Recreation
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