Overview
What is Black Spectrum Theatre Company Inc?
Black Spectrum Theatre Company Inc, based in Jamaica, New York (11434), is a nonprofit organization with a team of 80 dedicated individuals. Their primary mission is to introduce urban youth to various arts disciplines, such as theater, video production, technical theater, costume design, dance, and other entertainment-related fields. Through their E-CAP Program, they offer after-school theater production, costume design, and play writing, aiming to broaden the horizons of young people in the arts.
What are the reviews and ratings of this charity?
Charity Navigator rating: 92%, Four-Star out of Four Star rating.
Black Spectrum Theatre Company Inc has earned a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scores particularly well in areas such as independent board governance and oversight, with 100% of its board members being independent and a perfect score in its audit and oversight committee evaluation.
Strengths are evident in the organization's financial management, with a program expense ratio of approximately 77.73%, demonstrating a strong commitment to its mission-related activities. Additionally, the fundraising efficiency is notably high, reflecting effective use of resources in generating support. However, the working capital ratio at 0.31 years suggests potential challenges in liquidity, which could be an area for improvement as the organization continues to grow and expand its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Black Spectrum Theatre Company Inc legitimate?
Black Spectrum Theatre Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black Spectrum Theatre Company 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: $342,946
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,273,305
For more financial information, click here
What is the mission statement of Black Spectrum Theatre Company Inc?
The Black Spectrum Theatre Company Inc has a mission to expose urban youth to various aspects of the arts. This encompasses theater, video production, technical theater, costume design, dance, and other entertainment career paths. Through their activities, they aim to introduce young individuals to these fields, fostering their interest and potential future involvement. One of their programs, E-CAP, provides after-school theater production, costume design, and playwriting opportunities, further engaging urban youth in the arts.
Who is the CEO of Black Spectrum Theatre Company Inc?
Carl B Clay is the Executive Director of Black Spectrum Theatre Company Inc.
What is the revenue of Black Spectrum Theatre Company Inc?
Black Spectrum Theatre Company Inc's revenue in 2022 was $2,731,665.
Who are the executives of Black Spectrum Theatre Company Inc and what are their salaries?
The average compensation at Black Spectrum Theatre Company Inc during 2022 was $20,203. There are 80 employees at Black Spectrum Theatre Company Inc.
Here are 14 key members and their salaries:
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Where can I find the form 990 for Black Spectrum Theatre Company Inc?
Black Spectrum Theatre Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Black Spectrum Theatre Company Inc
Black Spectrum Theatre Company Inc is committed to introducing urban youth to various aspects of the arts. This encompasses theater, video production, technical theater, costume design, dance, and other sectors of entertainment careers. The organization's mission is to provide a platform for young individuals to explore and develop their talents in these fields, thereby opening up opportunities in the entertainment industry.
To actualize this mission, Black Spectrum Theatre Company Inc has implemented programs such as the E-CAP program. This afterschool program focuses on theater production, costume design, and playwriting. Through these initiatives, the company aims to foster creativity, critical thinking, and practical skills in urban youth, equipping them to make meaningful contributions to the arts and entertainment industry. By introducing these young individuals to diverse areas of entertainment, the company hopes to inspire a new generation of artists and creatives, thereby enriching the arts landscape.
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Impact
July, 2024
Black Spectrum Theatre Company Inc has a significant impact on urban youth by introducing them to various art forms such as theater, video production, technical theater, costume design, and dance. Through their E-CAP program, which includes afterschool theater production, costume design, and playwriting, the organization provides a platform for young individuals to explore and enhance their talents in the arts. By nurturing creativity and providing opportunities for artistic expression, Black Spectrum Theatre Company Inc plays a crucial role in shaping the next generation of entertainers and fostering a love for the arts within the community.
This information is meant to be a general summary of Black Spectrum Theatre Company 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: $24
- Program Service Revenue: $477,812
- Gross Receipts: $2,731,665
Assets and Liabilities:
- Total Assets: $962,807
- Total Liabilities: $511,209
- Net Assets: $451,598
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$477,812
Organization Details
Founding Year
1970
Phone
(718) 723-1800Principal Officer
Carl B Clay
Main Address
177-01 BAISLEY BLVD, JAMAICA, NY, 11434
NTEE Category
Code: A65 - Arts
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