Overview
What is Miami New Drama?
Miami New Drama is a distinguished nonprofit theater company situated in Miami Beach, Florida. With a strong commitment to artistic excellence and pioneering work, their vision sees theater as a potent tool for social engagement. Operating from the historic Colony Theatre, they specialize in developing new plays and musicals in both English and Spanish, showcasing various genres including original works, classics, and world premieres. Notable productions include "7 Deadly Sins," a Drama League Award winner, and "Create Dangerously" by Lileana Blain Cruz. They have received recognition from the Knight Arts Challenge and Miami New Times, earning the title of 'Best Theater for Drama' in 2018. Miami New Drama's education program serves thousands of students in Miami-Dade County through in-school residencies, city-funded programs, tours, matinees, and theater intensives, all at no cost to schools or students.
What are the reviews and ratings of this charity?
Charity Navigator rating: 75%, Three-Star out of Four Star rating.
Miami New Drama has received a Three-Star rating from Charity Navigator, reflecting a strong score in Accountability & Finance. The organization showcases solid governance practices, with an entirely independent board and no material diversion of assets noted. Its financial oversight is robust, supported by a fully audited statement and documented meeting minutes.
A highlight of Miami New Drama's financial management is its impressive program expense ratio of 92.44%, indicating that a significant portion of its funding is directed towards its programs rather than administrative costs. This commitment suggests a focus on delivering impactful theatrical experiences to the community. However, the organization did not score highly on the Liabilities to Assets ratio, which may warrant attention in terms of financial stability. Overall, the nonprofit demonstrates a strong commitment to transparency and responsible financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Miami New Drama legitimate?
Miami New Drama is a legitimate nonprofit organization registered as a 501(c)(3) entity. Miami New Drama 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: $176,539
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,867,036
For more financial information, click here
What is the mission statement of Miami New Drama?
Miami New Drama is a non-profit professional theater company dedicated to artistic excellence and innovative work. They are committed to utilizing theater as a powerful tool for social engagement. Their primary focus is on the development of new plays and musicals, both in English and Spanish. They are based in Miami Beach, Florida, and reside at the historic Colony Theater. Miami New Drama is known for producing an eclectic mix of original works, classics, and world premieres, featuring specially commissioned pieces.
Who is the CEO of Miami New Drama?
Nicholas Richberg is the Treasurer of Miami New Drama.
What is the revenue of Miami New Drama?
Miami New Drama's revenue in 2022 was $5,205,110.
Who are the executives of Miami New Drama and what are their salaries?
The average compensation at Miami New Drama during 2022 was $16,614. There are 123 employees at Miami New Drama.
Here are 22 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $90,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $86,359
- Related: $0
- Other: $0
Where can I find the form 990 for Miami New Drama?
Miami New Drama's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Miami New Drama
Miami New Drama is a nonprofit professional theater company committed to artistic excellence and pioneering work. Based on its mission, the organization strives to use theater as a powerful medium for social engagement. Miami New Drama specializes in the development of new plays and musicals, showcasing an eclectic mix of original works, classics, and world premieres. The company typically commissions specifically written pieces, demonstrating its dedication to promoting creative innovation within the theater industry. Miami New Drama's vision is to produce groundbreaking theater that challenges and captivates its audience.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Miami New Drama has a significant impact on the cultural landscape of Miami and beyond. Through its eclectic mix of original plays, musicals, classics, and world premieres, the company not only entertains audiences but also challenges perspectives and initiates important conversations. The commitment to artistic excellence and groundbreaking work positions Miami New Drama as a driving force in the theater industry.
Moreover, Miami New Drama's vision of theater as a powerful form of social engagement is realized in its productions that tackle relevant social issues and provide a platform for diverse voices to be heard. The company's dedication to developing new plays and musicals in both English and Spanish demonstrates a commitment to inclusivity and representation.
Furthermore, Miami New Drama's education programs play a crucial role in engaging with the community and fostering a love for theater among students. By providing theater experiences at no cost to schools and students, the company is able to reach thousands of individuals and inspire the next generation of theater enthusiasts.
Overall, Miami New Drama's impactful contributions extend beyond the stage, making a lasting impression on audiences, artists, and the community as a whole.
This information is meant to be a general summary of Miami New Drama. 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: $1
- Program Service Revenue: $2,594,561
- Gross Receipts: $5,208,360
Assets and Liabilities:
- Total Assets: $596,200
- Total Liabilities: $547,808
- Net Assets: $48,392
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOX OFFICE INCOME
Revenue
$1,108,500
CONTRACTED SERVICES
Revenue
$1,051,631
MANAGEMENT FEES
Revenue
$420,000
THEATER RENTAL
Revenue
$11,700
OTHER INCOME
Revenue
$2,730
Organization Details
Founding Year
2014
Phone
(305) 674-1040Principal Officer
Nicholas Richberg
Main Address
1040 LINCOLN ROAD, MIAMI, FL, 33139
NTEE Category
Code: A65 - Arts
If you are a representative of Miami New Drama and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.