Overview
What is Letter Of Marque Theater?
Letter of Marque Theater, a nonprofit organization situated in Brooklyn, New York, was established by collaborators Welland H. Scripps, Scarlet Maressa Rivera, and Nolan Kennedy. This ensemble aims to challenge societal apathy by tackling current or relevant issues through compelling theatrical performances. They carry out their mission by presenting original works at unconventional public spaces, ensuring their performances are accessible and affordable for their audience. By doing so, they attract a diverse range of spectators, gaining recognition from various media outlets such as Brooklyn Paper and American Theatre Magazine.
Official website here: www.lomtheater.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars
The Letter of Marque Theater has received a one-star rating from Charity Navigator, indicating concerns regarding its financial health and accountability. The overall score stands at 57%, which reflects significant room for improvement, particularly in its program expense ratio and liabilities to assets ratio. While the organization maintains a fully independent board and has demonstrated good governance practices in several areas, these strengths are overshadowed by its financial metrics.
The theater has achieved full marks for independent board members, material diversion of assets, and the presence of key policies such as conflict of interest and whistleblower protections. These factors suggest a commitment to ethical governance and transparency. However, the program expense ratio of 37.26% and a liabilities to assets ratio of 35.03% indicate that a substantial portion of its resources may not be allocated directly to its mission-driven programs.
Overall, while the organization excels in governance and accountability measures, its financial performance raises red flags. Potential supporters and stakeholders should consider these limitations when evaluating their engagement with the Letter of Marque Theater.
This AI summary has been generated from information found on Charity Navigator.
Is Letter Of Marque Theater legitimate?
Letter Of Marque Theater is a legitimate nonprofit organization registered as a 501(c)(3) entity. Letter Of Marque Theater 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.
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Official website here: www.lomtheater.org
What is the mission statement of Letter Of Marque Theater?
The mission of Letter Of Marque Theater, as a nonprofit organization, is to create engaging and thought-provoking theater that is accessible and affordable for its audience. This Brooklyn-based ensemble, composed of long-time collaborators, strives to bring quality theater to unconventional public spaces, tackling current and social issues through meaningful dialogue. By performing in these settings at little to no cost, the theater aims to reach a diverse audience and challenge the norms of apathy.
Official website here: www.lomtheater.org
Who is the CEO of Letter Of Marque Theater?
Welland H Scripps is the President of Letter Of Marque Theater.
Official website here: www.lomtheater.org
What is the revenue of Letter Of Marque Theater?
Letter Of Marque Theater's revenue in 2021 was $20,793.
Official website here: www.lomtheater.org
Who are the executives of Letter Of Marque Theater and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.lomtheater.org
Where can I find the form 990 for Letter Of Marque Theater?
Letter Of Marque Theater's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.lomtheater.org
Learn more at the official website: www.lomtheater.org
Mission Statement of Letter Of Marque Theater
Letter of Marque Theater, a nonprofit organization based in Brooklyn, is committed to creating approachable and dynamic theater that is accessible to its audience at little or no cost. Founded by long-time collaborators Welland H. Scripps, Scarlet Maressa Rivera, and Nolan Kennedy, this pan-disciplinary crew seeks to challenge the prevalent apathy in society by addressing current or social issues through meaningful dialogue. They achieve this artistic goal of reaching out to individuals from diverse backgrounds by performing in unconventional public spaces. Their mission to make quality theater accessible to all has garnered attention from various media outlets, including the Brooklyn Paper and American Theatre Magazine.
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Impact
August, 2024
Letter Of Marque Theater's impact can be seen in its commitment to creating approachable and dynamic theater that challenges societal norms and addresses current social issues. By performing in unconventional public spaces for little to no cost to the audience, they have successfully reached diverse audiences from all walks of life. This unique approach has garnered attention from various press outlets, highlighting the organization's innovative and inclusive theatrical productions. The theater's mission to make quality theater accessible to all reflects a dedication to fostering meaningful dialogue and engaging with the community in a thought-provoking way.
This information is meant to be a general summary of Letter Of Marque Theater. 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 2021.
- Gross Receipts: $20,793
Assets and Liabilities:
- Total Assets: $19,239
- Total Liabilities: $6,741
- Net Assets: $12,498
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Organization Details
Founding Year
2013
Phone
(718) 246-2211Principal Officer
Welland H Scripps
Main Address
257A 20TH STREET, Brooklyn, NY, 11215
Website
www.lomtheater.orgNTEE Category
Code: A65 - Arts
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