Overview
What is Manbites Dog Theater Company?
Manbites Dog Theater Company, located in Durham, North Carolina (27702), is a dedicated nonprofit organization that focuses on providing funding and support to local theater companies and artists within the Triangle area. Their mission is to foster growth and success within the Triangle theater community. In March 2022, they awarded $5,000 sustaining grants to eleven eligible recipients, contributing a total of $55,000 to the local theater scene. The company's activities are centered around funding and nurturing the talent of the Triangle's theater scene, ultimately striving to enhance and strengthen the arts community in the area.
Official website here: www.manbitesdogtheater.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36%, Zero-Star out of Four Star Rating
Manbites Dog Theater Company has received a low rating of 36%, resulting in a Zero-Star designation. This score reflects significant concerns primarily in the areas of accountability and finance. While the organization boasts a fully independent board and has no material diversion of assets, it falls short in crucial governance policies, specifically lacking a conflict of interest policy, whistleblower policy, and document retention policy.
The theater company does well in demonstrating an independent board structure, with 80% of its board members being independent and maintaining proper documentation of board meeting minutes. However, these strengths are overshadowed by poor financial management, as evidenced by a low program expense ratio of 39.89% and a concerning liabilities to assets ratio of 0.63%.
Overall, while Manbites Dog Theater Company shows potential with its governance structure, the lack of essential policies and financial transparency limits its effectiveness and raises red flags about its operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Manbites Dog Theater Company legitimate?
Manbites Dog Theater Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Manbites Dog Theater Company 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: $72,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.manbitesdogtheater.org
What is the mission statement of Manbites Dog Theater Company?
Manbites Dog Theater Company serves as a dedicated funding and support agency, primarily benefiting theater companies and artists within their local Triangle area. Their mission is centered around providing resources and assistance to these entities, aiming to promote growth and success within the theater community. In March 2022, they awarded sustaining grants totalling $55,000 to eleven eligible companies and artists, demonstrating their commitment to nurturing and empowering the theater scene in their region.
Official website here: www.manbitesdogtheater.org
Who is the CEO of Manbites Dog Theater Company?
Edward Hunt is the Mgr Direc/Treas of Manbites Dog Theater Company.
Official website here: www.manbitesdogtheater.org
What is the revenue of Manbites Dog Theater Company?
Manbites Dog Theater Company's revenue in 2022 was $27,067.
Official website here: www.manbitesdogtheater.org
Who are the executives of Manbites Dog Theater Company and what are their salaries?
The average compensation at Manbites Dog Theater Company during 2022 was $72,000. There is 1 employee at Manbites Dog Theater Company.
Here are 5 key members and their salaries:
- Compensation: $72,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.manbitesdogtheater.org
Where can I find the form 990 for Manbites Dog Theater Company?
Manbites Dog Theater Company's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.manbitesdogtheater.org
Learn more at the official website: www.manbitesdogtheater.org
Mission Statement of Manbites Dog Theater Company
Manbites Dog Theater Company serves as a dedicated funding and support agency, exclusively catering to theater companies and artists within the Triangle area. The organization's mission is centered around providing financial assistance and resources to these creative entities, aiming to enhance the overall theater community within this region. In March 2022, Manbites Dog Theater Company demonstrated its commitment to this mission by awarding sustaining grants totaling $55,000 to eleven selected theater companies and artists. These grantees have a proven track record of benefiting the Triangle theater community, underscoring Manbites Dog Theater Company's dedication to fostering growth and development within the local theater scene.
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Impact
August, 2024
Manbites Dog Theater Company has had a significant impact on the Triangle area's theater community by providing crucial funding and support to local theater companies and artists. Through programs like the Manbites Dog Theater Fund, they have awarded sustaining grants to multiple theater companies and artists, totaling $55,000. This financial support not only helps sustain these artistic endeavors but also contributes to the vibrant cultural scene in Durham, North Carolina. Additionally, Manbites Dog Theater Company's dedication to promoting and nurturing theater in the Triangle area has helped cultivate a thriving and diverse artistic community.
This information is meant to be a general summary of Manbites Dog Theater Company. 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: $18,564
- Gross Receipts: $27,067
Assets and Liabilities:
- Total Assets: $531,268
- Total Liabilities: $2,318
- Net Assets: $528,950
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Organization Details
Founding Year
1987
Phone
(919) 358-2791Principal Officer
Edward Hunt
Main Address
Edward Hunt, Durham, NC, 27702
Website
www.manbitesdogtheater.orgNTEE Category
Code: A65 - Arts
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