Overview
What is Delaware Theatre Company Inc?
Delaware Theatre Company Inc, situated in Wilmington, Delaware, is a distinguished nonprofit organization. Their primary focus is on presenting top-tier theatrical plays to subscribers, ticket buyers, and even school groups. The company, renowned for producing professional plays throughout the year, occasionally sees some of its shows transition to Broadway or off-Broadway. In addition to its mainstage productions, Delaware Theatre Company Inc has maintained a community education program for the past 25 years. This program, characterized by an ensemble approach, extends its reach to schools, nursing homes, and prisons, contributing to the broader community. The organization's mission is to enrich the vitality of the area through artistic programming, education, and community service, aiming to create theatre of the highest professional quality. With a dedicated workforce of 77 individuals, Delaware Theatre Company Inc plays a significant role in the local cultural scene.
Official website here: www.delawaretheatre.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Star rating)
Delaware Theatre Company Inc has achieved a solid score of 89%, which reflects its commitment to accountability and financial transparency. The organization excels in having a fully independent board and has robust policies in place, such as conflict of interest and whistleblower policies. Additionally, the company has demonstrated sound practices in financial oversight, as evidenced by its audit and oversight committee.
One of the significant strengths of the Delaware Theatre Company is its program expense ratio, which stands at a commendable 80.08%. This indicates that a large portion of its funds is directed towards its programs and services, which is a positive indicator of effectiveness in fulfilling its mission. The organization maintains thorough documentation and transparency about its operations, further reinforcing its credibility and trustworthiness.
However, the organization does face some challenges, particularly in its liabilities to assets ratio, which is at 59.11%. While this does not detract significantly from its overall performance, it may indicate a need for improved financial management or a more strategic approach to handling liabilities. Overall, Delaware Theatre Company Inc demonstrates a strong commitment to its mission, with room for continued growth and improvement in certain financial areas.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Delaware Theatre Company Inc?
96% of 309 reviewers on Facebook recommend Delaware Theatre Company Inc. Here is a summary of their reviews:
Overall, patrons express a strong appreciation for the performances and the vibrant atmosphere offered by the theatre. Many comments highlight the quality of the productions, indicating that the company consistently delivers engaging and enjoyable experiences for audiences.
While specific details about individual shows were scarce, the enthusiasm from attendees suggests a dedicated and passionate community around the theatre. Many people recall positive memories associated with their visits, illustrating the lasting impact Delaware Theatre Company has had on its audience.
This AI summary has been generated from reviews found on Facebook.
Is Delaware Theatre Company Inc legitimate?
Delaware Theatre Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delaware 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: $55,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,738,142
For more financial information, click here
Official website here: www.delawaretheatre.org
What is the mission statement of Delaware Theatre Company Inc?
The Delaware Theatre Company Inc's mission is centered around creating theatre of the highest professional standard. This endeavor aims to enrich the vitality of the community by offering artistic programming, educational opportunities, and community service. By presenting theatrical plays to a wide audience, including schools and community groups, the company contributes to the cultural richness of the area. The Delaware Theatre Company also has an ongoing education program that reaches out to various sectors of the community, such as schools, nursing homes, and prisons, fostering an inclusive and engaging theater culture.
Official website here: www.delawaretheatre.org
Who is the CEO of Delaware Theatre Company Inc?
Frank Martin is the Chair of Delaware Theatre Company Inc.
Official website here: www.delawaretheatre.org
What is the revenue of Delaware Theatre Company Inc?
Delaware Theatre Company Inc's revenue in 2022 was $5,789,502.
Official website here: www.delawaretheatre.org
Who are the executives of Delaware Theatre Company Inc and what are their salaries?
The average compensation at Delaware Theatre Company Inc during 2022 was $23,288. There are 77 employees and 141 volunteers at Delaware Theatre Company Inc.
Here are 19 key members and their salaries:
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- Compensation: $55,000
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Official website here: www.delawaretheatre.org
Where can I find the form 990 for Delaware Theatre Company Inc?
Delaware Theatre Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.delawaretheatre.org
Learn more at the official website: www.delawaretheatre.org
Mission Statement of Delaware Theatre Company Inc
Delaware Theatre Company Inc, a distinguished organization, is committed to enriching their community by creating theatre of the highest professional quality. Their mission is twofold: firstly, they aim to entertain subscribers, ticket buyers, including school groups, through the presentation of theatrical plays. Secondly, they strive to contribute to the vitality of the area beyond just entertainment. This is achieved through artistic programming, education, and community service.
In essence, Delaware Theatre Company Inc seeks to elevate the local cultural landscape by producing professional theatrical plays throughout the year. Some of these productions even find success on broader stages, such as Broadway or off-Broadway. Beyond their mainstage productions, the company has an extensive community education program, which has been in operation for the last 25 years. This program engages with various communities, including schools, nursing homes, and prisons, using theatre as a tool for education and engagement. The company's work extends beyond entertainment, touching lives and fostering a sense of community.
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Impact
July, 2024
Delaware Theatre Company Inc's impact can be seen in its mission to create theatre of the highest professional quality in Delaware. By presenting theatrical plays to subscribers, ticket buyers, and school groups, the company enriches the vitality of the area through artistic programming, education, and community service.
Moreover, the plays produced by Delaware Theatre Company have the potential to move on to Broadway or Off-Broadway, showcasing the talent and creativity fostered within the local community. The company's commitment to community engagement is also evident through its ensemble-based education program, which reaches schools, nursing homes, and prisons, contributing to a broader cultural enrichment.
Through its dedication to professional productions, educational outreach, and community involvement, Delaware Theatre Company Inc plays a significant role in fostering a vibrant arts scene in Wilmington, Delaware, and beyond.
This information is meant to be a general summary of Delaware 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: $178,994
- Program Service Revenue: $3,984,047
- Gross Receipts: $5,789,502
Assets and Liabilities:
- Total Assets: $3,546,405
- Total Liabilities: $1,518,779
- Net Assets: $2,027,626
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ENHANCEMENT REVENUE
Revenue
$3,118,729
ADMISSIONS
Revenue
$770,137
EDUCATION
Revenue
$70,320
OTHER REVENUE-MISCELLANEOUS
Revenue
$16,654
CONCESSIONS
Revenue
$8,207
Organization Details
Founding Year
1979
Phone
(302) 594-1104Principal Officer
Frank Martin
Main Address
200 WATER STREET, WILMINGTON, DE, 19801
Website
www.delawaretheatre.orgNTEE Category
Code: A650 - Arts
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