Overview
What is Riverbank Youth Theatre?
Riverbank Youth Theatre is a nonprofit organization situated in Marine City, Michigan, specifically at 560 S Water Street. Its primary mission is to foster appreciation and involvement of youth and families in the performing arts. The organization encourages the expression of performing arts and advocates for the education of young individuals in the fine arts. With a dedicated team of three staff members, Riverbank Youth Theatre aims to promote these values and provide an avenue for youth to explore their artistic talents.
Official website here: www.riverbanktheatre.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating
Riverbank Youth Theatre has received a mixed review, reflected in its Two-Star rating from Charity Navigator. The organization showcases strong governance practices, with an independent board that scores full points in several categories, including board size and material diversion of assets. Its program expense ratio is also impressive at 81.62%, indicating that a significant portion of funds is dedicated to its programs.
However, there are notable weaknesses in the accountability and finance areas. The organization has not implemented essential policies such as a whistleblower policy and document retention and destruction procedures, both of which received zero points. Additionally, the failure to post tax forms on its website indicates a lack of transparency that could concern potential donors.
Overall, while Riverbank Youth Theatre demonstrates certain strengths in governance and program funding, it needs to address its transparency and policy shortcomings to improve its overall rating and build greater trust with the public.
This AI summary has been generated from information found on Charity Navigator.
Is Riverbank Youth Theatre legitimate?
Riverbank Youth Theatre is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverbank Youth Theatre 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: $70,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,848
For more financial information, click here
Official website here: www.riverbanktheatre.com
What is the mission statement of Riverbank Youth Theatre?
The Riverbank Youth Theatre's mission is centered around fostering appreciation and participation among youth and their families in the performing arts. It encourages the expression of these arts, while also promoting education in the fine arts for the youth. The organization's goal is to nurture the talent and interest in performing arts among the younger generation.
Official website here: www.riverbanktheatre.com
Who is the CEO of Riverbank Youth Theatre?
Kathleen Vertin is the Director of Riverbank Youth Theatre.
Official website here: www.riverbanktheatre.com
What is the revenue of Riverbank Youth Theatre?
Riverbank Youth Theatre's revenue in 2022 was $2,345,202.
Official website here: www.riverbanktheatre.com
Who are the executives of Riverbank Youth Theatre and what are their salaries?
The average compensation at Riverbank Youth Theatre during 2022 was $40,283. There are 3 employees at Riverbank Youth Theatre.
Here are 4 key members and their salaries:
- Compensation: $70,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.riverbanktheatre.com
Where can I find the form 990 for Riverbank Youth Theatre?
Riverbank Youth Theatre's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.riverbanktheatre.com
Learn more at the official website: www.riverbanktheatre.com
Mission Statement of Riverbank Youth Theatre
The Riverbank Youth Theatre is committed to fostering a deep appreciation and active involvement of youth and families in the realm of performing arts. This esteemed organization aims to inspire the expression of performing arts among its members and advocates for the education of young individuals in the fine arts. By promoting these aspects, Riverbank Youth Theatre seeks to empower its participants and broaden their artistic horizons.
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Impact
July, 2024
Riverbank Youth Theatre has a significant impact on the community by providing vital opportunities for youth and families to engage with and appreciate the performing arts. Through its programs, the organization not only encourages the expression of performing arts but also promotes the education of youth in the fine arts. By offering a platform for young individuals to explore their creativity, develop their skills, and build confidence, Riverbank Youth Theatre plays a crucial role in nurturing the next generation of artists and performers. Additionally, the organization fosters a sense of community and togetherness through its activities, contributing to the cultural enrichment of the city of Marine City, MI.
This information is meant to be a general summary of Riverbank Youth Theatre. 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: $538,635
- Gross Receipts: $2,345,202
Assets and Liabilities:
- Total Assets: $2,281,291
- Total Liabilities: $164,348
- Net Assets: $2,116,943
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$538,635
Organization Details
Founding Year
2015
Phone
(248) 705-3425Principal Officer
Kathleen Vertin
Main Address
560 S WATER STREET, MARINE CITY, MI, 48039
Website
www.riverbanktheatre.comNTEE Category
Code: A60 - Arts
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