Overview
What is The Studio Theatre Inc?
The Studio Theatre Inc, located in Washington D.C., is a distinguished nonprofit organization dedicated to showcasing a varied range of contemporary plays. With a focus on promoting local, national, and international artists, they present their productions in four intimate venues, none seating over 225 patrons. Aside from performances, Studio Theatre is committed to cultivating new talent and nurturing future arts leaders. Their mission extends beyond the stage, aiming to foster a more empathetic and connected community by engaging with a wide and diverse audience. This is accomplished through various initiatives, including access and affordability programs, community partnerships, free student matinees, and utilizing their building as a community hub. Annually, they serve approximately 75,000 individuals, leaving a significant impact on their neighborhood, city, and the broader theatre field.
Official website here: www.studiotheatre.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The Studio Theatre Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. With a perfect score in this category, the organization demonstrates effective financial management and transparency, which is crucial for building trust with donors and stakeholders.
Among its organizational strengths, The Studio Theatre boasts a fully independent board, consisting of 24 members, and has implemented comprehensive policies such as conflict of interest and whistleblower protections. The charity also excels in maintaining high program expense ratios, ensuring that a significant portion of its funds is directed toward its mission rather than administrative costs.
While there are no specific limitations noted in the rating, the overall financial health indicated by a low liabilities to assets ratio and high working capital ratio suggests the organization is well-positioned for future initiatives. This robust financial standing may enhance its capacity to deliver on its artistic and community-focused programs effectively.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Studio Theatre Inc?
90% of 904 reviewers on Facebook recommend The Studio Theatre Inc. Here is a summary of their reviews:
Many patrons rave about the exceptional performances delivered by the cast. A standout production, "Admissions," has been highlighted as a compelling exploration of themes like race and privilege, showcasing a blend of humor and emotional depth that resonates with audiences. The enthusiasm for the theatrical quality suggests that visitors find the shows to be both thought-provoking and entertaining.
Overall, attendees express strong satisfaction with the artistic offerings of the theatre, indicating that it consistently delivers impactful and memorable experiences. The positive sentiment emphasizes appreciation for the talent on stage and the thoughtfulness of the productions presented.
This AI summary has been generated from reviews found on Facebook.
Is The Studio Theatre Inc legitimate?
The Studio Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Studio 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: $414,668
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,739,797
For more financial information, click here
Official website here: www.studiotheatre.org
What is the mission statement of The Studio Theatre Inc?
The Studio Theatre Inc's mission is to produce and present thought-provoking contemporary plays, utilizing intimate performance spaces. This endeavor aims to foster a more thoughtful, empathetic, and connected community. The organization showcases local, national, and international artists in their four venues, none of which seat more than 225 patrons. Studio Theatre is committed to nurturing new work and developing the next generation of arts leaders. To ensure inclusivity, they implement various access and affordability initiatives, community partner programs, and offer free student matinees. Their neighborhood and city are significantly impacted by their annual outreach, which serves approximately 75,000 individuals.
Official website here: www.studiotheatre.org
What is the revenue of The Studio Theatre Inc?
The Studio Theatre Inc's revenue in 2024 was $6,822,732.
Official website here: www.studiotheatre.org
Who are the executives of The Studio Theatre Inc and what are their salaries?
The average compensation at The Studio Theatre Inc during 2024 was $15,093. There are 209 employees and 500 volunteers at The Studio Theatre Inc.
Here are 30 key members and their salaries:
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Official website here: www.studiotheatre.org
Where can I find the form 990 for The Studio Theatre Inc?
The Studio Theatre Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.studiotheatre.org
Learn more at the official website: www.studiotheatre.org
Mission Statement of The Studio Theatre Inc
The Studio Theatre Inc, a renowned organization, is dedicated to producing and presenting professional theatre productions. Their mission, in simple terms, is to foster a more thoughtful, empathetic, and connected community, extending beyond Washington DC. They achieve this by presenting a diverse array of contemporary plays, featuring both local and international artists, in intimate performance spaces that can accommodate no more than 225 patrons. This intimate setting encourages a closer connection between the audience and the performers, fostering a sense of empathy and understanding.
Beyond just presenting theatre, The Studio Theatre Inc also invests in the development of new work and nurtures the next generation of arts leaders. Their commitment to diversity extends to their audience as well, with initiatives aimed at making their performances accessible and affordable to a wide range of people. They also engage with their community through partnership programs, free student matinees, and by serving as a hub for their neighborhood and city. By doing so, they contribute significantly to their community, city, and the theatre field on a national and international level, reaching out to nearly 75,000 individuals annually.
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Impact
July, 2024
The Studio Theatre Inc's impact is far-reaching and multifaceted. Through its production and presentation of professional theatre productions, Studio Theatre plays a vital role in fostering a more thoughtful, empathetic, and connected community in Washington DC and beyond. With a commitment to showcasing diverse and thought-provoking contemporary plays, Studio Theatre brings together local, national, and international artists in intimate performance venues that prioritize audience engagement.
By serving nearly 75,000 people annually and engaging in community outreach initiatives, Studio Theatre contributes significantly to its neighborhood, city, and the broader theatre field. The organization's emphasis on access and affordability, as well as its support for new work and emerging arts leaders, demonstrates a dedication to nurturing the next generation of talent and expanding the cultural landscape.
Overall, The Studio Theatre Inc's impact extends beyond the stage, making vital contributions to cultural enrichment, community building, and artistic innovation.
This information is meant to be a general summary of The Studio 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 2024.
- Investment Income: $392,000
- Program Service Revenue: $2,598,609
- Gross Receipts: $8,855,284
Assets and Liabilities:
- Total Assets: $34,530,491
- Total Liabilities: $8,729,772
- Net Assets: $25,800,719
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Other tickets
Revenue
$1,710,274
Subscriptions
Revenue
$888,335
Organization Details
Founding Year
1975
Principal Officer
David Muse
Website
www.studiotheatre.orgNTEE Category
Code: A650 - Arts
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