Overview
What is Imagination Stage Of Washington Dc Inc?
Imagination Stage of Washington D.C. Inc. is a distinguished nonprofit organization located at 1333 H Street NE, Washington D.C. 20002. It is committed to inspiring creativity in young people, fostering an inclusive and diverse environment through theatre and arts education programs. Their initiatives include providing professional theatre productions free of charge to over 3,000 D.C. Public Schools and Public Charter School students, offering arts education classes, and conducting teacher professional development sessions. The organization's mission is to challenge, nurture, and empower young individuals of all abilities, demonstrating a deep dedication to innovation and artistic excellence.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Imagination Stage Of Washington DC Inc has received an overall score of 83%, indicating a solid performance in terms of accountability and finance. This score reflects a strong emphasis on financial health and transparency, which are crucial for nonprofit organizations. The rating is based solely on the Accountability & Finance beacon, showcasing the organization’s commitment to ethical governance and sound financial practices.
One of the notable strengths of Imagination Stage is its fully independent board, comprising eight members, which has earned perfect scores in board independence and meeting documentation. The organization also demonstrates a robust audit and oversight process with no reported material diversion of assets. Additionally, their liabilities to assets ratio stands at an impressive 0.00%, indicating strong financial stability.
However, while the Program Expense Ratio is reasonably high at 67.95%, there is still room for improvement as it falls slightly short of the top scoring threshold. Overall, the rating highlights that Imagination Stage is a reliable nonprofit with a strong governance framework, though stakeholders may want to consider the balance of expenses concerning its programs.
This AI summary has been generated from information found on Charity Navigator.
Is Imagination Stage Of Washington Dc Inc legitimate?
Imagination Stage Of Washington Dc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Imagination Stage Of Washington Dc 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: $27,044
Professional Fundraising Fees: $0
Other Salaries and Wages: $200,484
For more financial information, click here
What is the mission statement of Imagination Stage Of Washington Dc Inc?
The mission of Imagination Stage, a renowned theatre organization, is centered around inspiring creativity in young people of all abilities through theatre and arts education programs. These programs are designed to challenge, nurture, and empower these individuals, fostering their personal growth and development. Imagination Stage presents a variety of programs, including professional theatre productions offered free of charge to students from local schools, arts education classes, and teacher professional development sessions. The institution's commitment to innovation, inclusion, diversity, and artistry is evident in its offerings, catering to the educational and creative needs of its young audience.
Who is the CEO of Imagination Stage Of Washington Dc Inc?
Chris Taylor is the Founder of Imagination Stage Of Washington Dc Inc.
What is the revenue of Imagination Stage Of Washington Dc Inc?
Imagination Stage Of Washington Dc Inc's revenue in 2022 was $580,728.
Who are the executives of Imagination Stage Of Washington Dc Inc and what are their salaries?
There 11 volunteers at Imagination Stage Of Washington Dc Inc.
Here are 14 key members and their salaries:
- Compensation: $9,168
- Related: $36,671
- Other: $900
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- Compensation: $21,996
- Related: $87,983
- Other: $8,130
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Where can I find the form 990 for Imagination Stage Of Washington Dc Inc?
Imagination Stage Of Washington Dc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Imagination Stage Of Washington Dc Inc
Imagination Stage of Washington D.C. Inc. is an organization dedicated to inspiring creativity in young people through theatre and arts education programs. Their mission is to challenge, nurture, and empower children of all abilities, fostering an environment that values innovation, inclusion, diversity, and artistry. This nonprofit presents a variety of programs, including professional theatre productions, which are offered free of charge to 3,000 students from D.C. public schools and charter schools. Additionally, Imagination Stage provides arts education classes and teacher professional development sessions, further enriching the artistic and educational experiences of young people in the community.
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Impact
July, 2024
Imagination Stage of Washington D.C. Inc inspires creativity through theatre and arts education programs that challenge, nurture, and empower young people of all abilities. The organization's deep commitment to innovation, inclusion, diversity, and artistry is reflected in its programs, which include professional theatre productions provided free of charge to 3,000 DCPS and DC public charter school students, arts education classes, and teacher professional developments. Through these initiatives, Imagination Stage has a significant impact on the community by fostering creativity, providing access to the arts for young people, and supporting the professional development of teachers.
This information is meant to be a general summary of Imagination Stage Of Washington Dc 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: $250,941
- Gross Receipts: $589,343
Assets and Liabilities:
- Total Assets: $198,481
- Total Liabilities: $69,358
- Net Assets: $129,123
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$200,141
WORKSHOPS
Revenue
$50,800
Organization Details
Founding Year
2014
Phone
(301) 961-6060Principal Officer
Chris Taylor
Main Address
1333 H STREET NE, WASHINGTON, DC, 20002
NTEE Category
Code: A25 - Arts
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