Overview
What is Payomet Inc?
Payomet Inc, situated in Truro, Massachusetts, is a nonprofit organization that serves the local community and visitors of the Outer Cape. Their primary focus is on presenting a variety of performances in theater, music, and dance, providing an enjoyable and enriching experience for all. Beyond entertainment, Payomet Inc also offers summer circus classes for children, fostering creativity and skill development in a fun and interactive setting. As a performance arts center, their mission is to deliver both musical and theatrical entertainment and educational programming, contributing to the cultural scene of the area. With a dedicated team of 24 individuals, Payomet Inc is committed to enriching the lives of those in their community through the power of the arts.
Official website here: www.payomet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star Rating
Payomet Inc has received a rating of 84%, indicating a solid performance in terms of accountability and finance. This score signifies a commitment to maintaining high standards in financial management, as evidenced by a perfect score in several areas such as independent board member representation and the absence of material asset diversion. Additionally, the organization shows a strong program expense ratio of approximately 84.67%, which suggests that a significant portion of its resources is directed towards its programs and services.
However, there are notable areas for improvement. The organization is lacking key policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy. These missing elements could raise concerns about governance practices and transparency. Furthermore, it has not posted its tax form on its website, which could limit public access to important financial information that is typically expected from nonprofits.
Overall, while Payomet Inc demonstrates a good level of financial accountability and program spending, attention to governance policies and transparency could enhance its credibility and public trust. The charity may benefit from addressing these limitations to further strengthen its operational integrity.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Payomet Inc?
98% of 57 reviewers on Facebook recommend Payomet Inc. Here is a summary of their reviews:
Many patrons appreciate the quaint and intimate atmosphere of Payomet, highlighting its unique setting on the National Seashore. Visitors often describe it as a quintessential Cape Cod experience, enjoying the friendly environment and high-quality performances offered.
Overall, the feedback shows a strong endorsement for the organization, with many stating it delivers a memorable and enjoyable experience. This venue seems to resonate well with the community, making it a favored choice for entertainment in the area.
This AI summary has been generated from reviews found on Facebook.
Is Payomet Inc legitimate?
Payomet Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Payomet 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: $371,972
For more financial information, click here
Official website here: www.payomet.org
What is the mission statement of Payomet Inc?
Payomet Inc's mission is centered around providing musical and theatrical entertainment and educational programming. Their primary objective is to cater to the entertainment needs of the local residents and visitors of the Outer Cape, while also offering summer circus classes for children as an educational initiative. Essentially, Payomet Inc aims to enrich the community through artistic performances and educational activities.
Official website here: www.payomet.org
Who is the CEO of Payomet Inc?
David Lubin is the President of Payomet Inc.
Official website here: www.payomet.org
What is the revenue of Payomet Inc?
Payomet Inc's revenue in 2022 was $1,736,365.
Official website here: www.payomet.org
Who are the executives of Payomet Inc and what are their salaries?
The average compensation at Payomet Inc during 2022 was $15,499. There are 24 employees and 68 volunteers at Payomet Inc.
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- Compensation: $82,500
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Official website here: www.payomet.org
Where can I find the form 990 for Payomet Inc?
Payomet Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.payomet.org
Learn more at the official website: www.payomet.org
Mission Statement of Payomet Inc
Payomet Inc, a performance arts center, is committed to providing musical and theatrical entertainment and educational programming. Its mission is to enrich the lives of both local residents and visitors on the Outer Cape by presenting a diverse range of performances in theater, music, and dance. Additionally, Payomet Inc offers summer circus classes for children, providing them with an engaging and educational experience in the arts. By offering these performances and educational programs, Payomet Inc seeks to foster a love for the arts and promote cultural growth within its community.
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Impact
July, 2024
Payomet Inc's impact lies in its provision of a vibrant platform for musical and theatrical entertainment, as well as educational programming. Through performances in theater, music, and dance, Payomet Inc enriches the cultural landscape of the Outer Cape region, benefiting both residents and visitors alike. Additionally, the organization's summer circus classes for children contribute to the artistic development and well-being of the younger generation. In essence, Payomet Inc's mission to provide diverse and engaging arts experiences resonates with its community, fostering creativity and connectivity through the power of the arts.
This information is meant to be a general summary of Payomet 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.
- Investment Income: $89
- Program Service Revenue: $895,182
- Gross Receipts: $1,757,068
Assets and Liabilities:
- Total Assets: $1,100,311
- Total Liabilities: $72,121
- Net Assets: $1,028,190
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOX OFFICE SALES
Revenue
$831,005
CIRCUS CLASSES
Revenue
$64,177
Organization Details
Founding Year
2015
Phone
(508) 349-2929Principal Officer
David Lubin
Main Address
PO BOX 1202, TRURO, MA, 02666
Website
www.payomet.orgNTEE Category
Code: A60 - Arts
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