Wichita Children's Theatre Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 60%)

Wichita Children's Theatre Inc has received a Two-Star rating from Charity Navigator, indicating that the organization requires improvement in its financial and accountability practices. While it boasts a strong independent board with 100% of its members being independent, the lack of financial statements significantly impacts its overall score, reflecting a potential gap in financial transparency. The program expense ratio is commendable at 80.73%, suggesting that a substantial portion of its funds is directed towards its mission.

However, areas of concern are notable, particularly the absence of critical policies such as conflict of interest and whistleblower protections, which are essential for promoting transparency and accountability. The liabilities to assets ratio stands at 66.70%, indicating a potentially concerning financial situation where liabilities are high relative to assets. These issues may affect donor trust and long-term sustainability.

Overall, while Wichita Children's Theatre Inc demonstrates a commitment to its programs, the organization must address its financial reporting practices and governance policies to enhance its credibility and operational effectiveness.

This AI summary has been generated from information found on Charity Navigator.

Wichita Children's Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wichita Children's Theatre 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: $70,112
Professional Fundraising Fees: $0
Other Salaries and Wages: $216,043

For more financial information, click here

Official website here: www.wctdc.com