Overview
What is Portsmouth Little Theatre Inc?
Portsmouth Little Theatre Inc, located in Portsmouth, Ohio, is a dedicated nonprofit organization with a mission to foster and stimulate interest in drama and theater arts. Established at PO Box 1251, this organization's primary objective is to nurture both the dramatic and technical aspects of theater. Although specific details about their initiatives, programs, or reach beyond the local area are not provided in the information, it can be inferred that they aim to contribute positively to the theater community within their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 49%, Zero-Star out of Four Star rating.
Portsmouth Little Theatre Inc has received a low rating of 49% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization lacks independent board members and has several missing policies related to governance, including conflict of interest and whistleblower protections. While its program expense ratio is relatively strong at 69.14%, the absence of required documentation negatively impacts its overall score.
A notable strength is the organization’s strong financial health indicated by a 0.00% liabilities to assets ratio, meaning it is not carrying any debt. However, the lack of transparency in financial reporting and governance structures remains a critical limitation. The absence of essential policies and documentation raises red flags for potential donors regarding the organization’s operational integrity.
Donors and stakeholders may want to approach Portsmouth Little Theatre Inc with caution due to the identified weaknesses in board independence and governance policies. Improved transparency and adherence to best practices could enhance the organization’s credibility and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Portsmouth Little Theatre Inc legitimate?
Portsmouth Little Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Portsmouth Little 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Portsmouth Little Theatre Inc?
Portsmouth Little Theatre Inc's mission is centered around fostering and advancing the interest in drama and technical aspects of theatre. The organization aims to encourage this passion in various forms, promoting the artistic and technical aspects of the stage. By doing so, they contribute to the overall growth and appreciation of theatre as an art form.
Who is the CEO of Portsmouth Little Theatre Inc?
Unavailable
What is the revenue of Portsmouth Little Theatre Inc?
Portsmouth Little Theatre Inc's revenue in 2021 was $41,361.
Who are the executives of Portsmouth Little Theatre Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Portsmouth Little Theatre Inc?
Portsmouth Little Theatre Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Portsmouth Little Theatre Inc
Portsmouth Little Theatre Inc is committed to fostering and boosting the passion for dramatic and technical aspects of theatre. Their primary mission, as stated, is to encourage and promote the dramatic and technical interest of theatre. By taking an active role in nurturing this interest, the organization aims to contribute positively to the world of theatre.
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Impact
August, 2024
Portsmouth Little Theatre Inc's impact lies in fostering a vibrant and engaging local theatre scene in Portsmouth, Ohio. By encouraging and promoting the dramatic and technical interests of theatre, the organization enriches the cultural life of the community. Through its productions and activities, Portsmouth Little Theatre Inc provides opportunities for individuals to participate in and enjoy the arts, nurturing creativity and talent within the region. This commitment to the arts not only entertains audiences but also inspires artistic growth and expression among participants and community members.
This information is meant to be a general summary of Portsmouth Little Theatre 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 2021.
- Gross Receipts: $41,361
Assets and Liabilities:
- Total Assets: $32,527
- Total Liabilities: $0
- Net Assets: $32,527
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Organization Details
Founding Year
1976
Phone
(575) 202-1464Main Address
PO BOX 1251, PORTSMOUTH, OH, 45662
NTEE Category
Code: A650 - Arts
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