Overview
What is Theater League Inc?
Theater League Inc, based in Kansas City, Missouri, is a nonprofit organization with a mission to enrich lives within the communities they serve. They specialize in producing and presenting Broadway musicals, plays, and new works in local performing arts centers. Their primary activity is to foster the development of the performing arts as a cultural and educational resource, aiming to enhance the quality of life in the communities they serve through the captivating experience of live theater.
Official website here: www.theaterleague.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Theater League Inc has received a solid Three-Star rating from Charity Navigator, reflecting a commendable overall score of 81%. The organization demonstrates strong accountability and financial practices, highlighted by an impressive program expense ratio of 95.04%, ensuring that the majority of funds are directed towards their programs. The nonprofit also boasts a fully independent board, with all 12 members being independent, which enhances governance and oversight.
Strengths of Theater League Inc include their robust policies on conflict of interest, whistleblower protections, and the maintenance of detailed board meeting minutes, all of which contribute to transparency and responsible management. The organization has not faced any material diversion of assets, indicating sound financial stewardship. Their liabilities to assets ratio is also low at 2.45%, suggesting financial stability.
However, while the organization excels in many areas, some concerns may arise regarding the salary of key personnel, specifically the president, who earns $197,738, while other directors receive no compensation. This disparity could raise questions about equity in compensation practices. Overall, Theater League Inc appears to be a well-managed nonprofit with a strong commitment to its mission and responsible financial practices.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Theater League Inc?
Though Theater League Inc currently has only a couple of reviews, the sentiments expressed indicate a positive reception. One reviewer shared their passion for art and conveyed enthusiasm for sharing it with friends, suggesting that they value the organization's efforts in promoting artistic experiences.
While the limited number of reviews does not provide a comprehensive picture, the appreciation for the organization’s artistic contributions shows promise. The overall impression is that the nonprofit is connecting with individuals who are passionate about the arts and fostering a supportive community.
With time and more user interactions, it's likely that additional insights on the impact and services provided by Theater League Inc will emerge, further illuminating public sentiment towards the nonprofit.
This AI summary has been generated from reviews found on Facebook.
Is Theater League Inc legitimate?
Theater League Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Theater League 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
For more financial information, click here
Official website here: www.theaterleague.org
What is the mission statement of Theater League Inc?
Theater League Inc's mission is centered around enhancing the quality of life in various communities by introducing the captivating experience of live theater. They achieve this by producing and presenting a diverse range of Broadway musicals, plays, and new works in local performing arts centers. The organization's activities are geared towards enriching the lives of the communities they serve, utilizing the performing arts as a cultural and educational resource.
Official website here: www.theaterleague.org
What is the revenue of Theater League Inc?
Theater League Inc's revenue in 2024 was $2,101,531.
Official website here: www.theaterleague.org
Who are the executives of Theater League Inc and what are their salaries?
There 20 volunteers at Theater League Inc.
Here are 10 key members and their salaries:
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Official website here: www.theaterleague.org
Where can I find the form 990 for Theater League Inc?
Theater League Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.theaterleague.org
Learn more at the official website: www.theaterleague.org
Mission Statement of Theater League Inc
Theater League Inc, a renowned organization, is dedicated to the advancement of the performing arts as a vital cultural and educational resource. Their mission is to improve the quality of life in the communities they serve by offering the exhilarating experience of live theater. The organization achieves this by producing and presenting a variety of Broadway musicals, plays, and new works in local performing arts centers. Through these productions, Theater League Inc aims to enrich the lives of the communities they serve, providing them with a unique and engaging cultural experience.
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Impact
July, 2024
Theater League Inc, based in Kansas City, Missouri, plays a significant role in enhancing the quality of life in the communities it serves through the thrill of live theater. By producing and presenting Broadway musicals, plays, and new works in local performing arts centers, Theater League Inc enriches the lives of individuals, families, and communities. Its commitment to the development of the performing arts as a cultural and educational resource impacts the local cultural landscape, offering residents and visitors the opportunity to experience the transformative power of live theater. Through its mission and activities, Theater League Inc contributes to the vibrancy and enrichment of the arts scene in Kansas City and beyond.
This information is meant to be a general summary of Theater League 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 2024.
- Investment Income: -$4,337,326
- Program Service Revenue: $724,583
- Gross Receipts: $2,704,288
Assets and Liabilities:
- Total Assets: $27,534,408
- Total Liabilities: $638,312
- Net Assets: $26,896,096
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Toledo Show Income
Revenue
$509,783
ATG Fees
Revenue
$214,800
Organization Details
Founding Year
1976
Principal Officer
Edelman Mark Howard
Website
www.theaterleague.orgNTEE Category
Code: A650 - Arts
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