Overview
What is Pensacola Little Theatre Inc?
Pensacola Little Theatre Inc is a nonprofit organization dedicated to fostering a love for theater and preserving local culture. Their primary mission is to deliver high-quality, live community theater that serves an educational, training, and entertaining purpose. Additionally, they strive to promote cultural diversity within the Pensacola community by offering office and rehearsal/performance spaces to local artists. By doing so, they contribute to the enrichment of the local arts scene and provide a platform for artistic expression and growth.
Official website here: www.pensacolalittletheatre.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Pensacola Little Theatre Inc has earned a high rating of 96% from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization scored exceptionally well in various metrics, including having a fully independent board and comprehensive financial oversight. This rating indicates that the nonprofit is well-managed and transparent in its operations, which is crucial for maintaining trust with its donors and the community it serves.
One of the standout features of Pensacola Little Theatre is its financial health, demonstrated by a low liabilities to assets ratio of 5.72% and a program expense ratio of 74.68%. This suggests that a significant portion of their expenditures is directed toward programs rather than administrative costs, which is a positive sign for supporters looking to ensure their contributions are making a tangible impact. Furthermore, the presence of vital governance policies, like conflict of interest and whistleblower policies, further reinforces the organization's ethical standards.
While the current data reflects a robust organization, potential donors might still want to consider the theater's program offerings and community impact metrics. Detailed evaluations of their artistic and educational programs would provide a fuller picture of their effectiveness beyond financial metrics. Overall, Pensacola Little Theatre Inc stands out as a well-rated nonprofit, committed to transparency and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Pensacola Little Theatre Inc legitimate?
Pensacola Little Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pensacola 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: $450,294
For more financial information, click here
Official website here: www.pensacolalittletheatre.com
What is the mission statement of Pensacola Little Theatre Inc?
Pensacola Little Theatre Inc, as part of its mission, strives to promote theater and local culture. They achieve this by presenting high-quality, live community theater that serves an educational, training, and entertaining purpose. The theater also fosters cultural diversity in its area by offering office space and rehearsal and performance venues to artists. In essence, Pensacola Little Theatre Inc plays a significant role in nurturing theater arts and fostering cultural unity within its community.
Official website here: www.pensacolalittletheatre.com
What is the revenue of Pensacola Little Theatre Inc?
Pensacola Little Theatre Inc's revenue in 2023 was $2,038,738.
Official website here: www.pensacolalittletheatre.com
Who are the executives of Pensacola Little Theatre Inc and what are their salaries?
The average compensation at Pensacola Little Theatre Inc during 2023 was $30,020. There are 15 employees at Pensacola Little Theatre Inc.
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Official website here: www.pensacolalittletheatre.com
Where can I find the form 990 for Pensacola Little Theatre Inc?
Pensacola Little Theatre Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.pensacolalittletheatre.com
Learn more at the official website: www.pensacolalittletheatre.com
Mission Statement of Pensacola Little Theatre Inc
Pensacola Little Theatre, a nonprofit organization, is dedicated to promoting theater and fostering local culture. Through its mission, it offers high-quality, live community theater that serves to educate, train, and entertain its audience. By doing so, it contributes to the enrichment of the community's artistic landscape. Moreover, Pensacola Little Theatre actively works towards advancing cultural diversity in the area. It achieves this by providing office space and rehearsal and performance spaces to artists, thereby offering them a platform to showcase their talents and contribute to a diverse artistic community.
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Impact
July, 2024
Pensacola Little Theatre Inc plays a significant role in promoting theater and local culture in the Pensacola area. By providing quality, live community theater productions that educate, train, and entertain, the organization enriches the cultural landscape of the city. Additionally, Pensacola Little Theatre fosters cultural diversity by offering office space, rehearsal space, and performance venues to local artists, further enhancing the artistic community in the region. Their commitment to advancing the arts contributes to the vibrancy and creativity of Pensacola.
This information is meant to be a general summary of Pensacola 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 2023.
- Investment Income: $32,786
- Program Service Revenue: $655,650
- Gross Receipts: $2,301,888
Assets and Liabilities:
- Total Assets: $3,578,486
- Total Liabilities: $46,884
- Net Assets: $3,531,602
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$401,390
ACTING CLASSES
Revenue
$130,788
CONCESSIION
Revenue
$123,472
Organization Details
Founding Year
1978
Principal Officer
Robert Bobby Potomski
NTEE Category
Code: A650 - Arts
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