Overview
What is Fantasy Theatre Factory Inc?
Fantasy Theatre Factory Inc, based in Miami, Florida, is a thriving nonprofit theatre organization that serves an annual audience of over 150,000 individuals. Their primary focus is on creating and delivering high-quality educational theatrical programs tailored for children, families, and the general public. The organization is committed to promoting equity and accessibility, extending their reach to diverse communities, especially those that are traditionally underserved. Their initiatives include summer camps and various programming, which they present at Miami's Sandrell Rivers Theatre. To learn more about their mission and values, one can visit their official website.
Official website here: www.ftfshows.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
Fantasy Theatre Factory Inc has achieved an impressive 96% rating from Charity Navigator, earning a prestigious Four-Star designation. This rating reflects the charity's strong accountability and finance practices, with a focus on transparency and responsible management of resources. The score is derived entirely from a single beacon score, which emphasizes the organization's commitment to sound financial practices and effective governance.
One of the notable strengths of Fantasy Theatre Factory Inc is its independent board structure, which consists of 11 members, all of whom are independent. This ensures that the organization is governed by individuals who are free from conflicts of interest, enhancing its credibility and effectiveness. Additionally, the organization has robust oversight mechanisms in place, as evidenced by its perfect scores in areas such as audit and financial oversight, conflict of interest policies, and document retention practices.
While the data showcases many strengths, the primary focus remains on financial practices rather than programmatic outcomes. Although the program expense ratio stands at a strong 71.28%, indicating that a significant portion of expenses is directed towards mission-related activities, additional information on the impact of these programs could further bolster its reputation. Overall, Fantasy Theatre Factory Inc demonstrates commendable fiscal responsibility and governance, making it a reliable option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Fantasy Theatre Factory Inc legitimate?
Fantasy Theatre Factory Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fantasy Theatre Factory 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: $94,030
Professional Fundraising Fees: $0
Other Salaries and Wages: $552,871
For more financial information, click here
Official website here: www.ftfshows.com
What is the mission statement of Fantasy Theatre Factory Inc?
Fantasy Theatre Factory Inc is committed to producing original, top-notch educational theatrical programs aimed at children, families, and the general public. Their mission extends beyond their immediate audience, seeking to expand access to these programs for individuals from diverse cultures and backgrounds, including those residing in underserved communities. The organization strives to make its offerings more inclusive, ensuring everyone has the opportunity to engage with theatrical arts. This is evident in their yearly programming and summer camps, which attract over 150,000 patrons annually. For a more comprehensive understanding of their mission, one can visit their official website.
Official website here: www.ftfshows.com
Who is the CEO of Fantasy Theatre Factory Inc?
Larry G Fields is the Executive Director of Fantasy Theatre Factory Inc.
Official website here: www.ftfshows.com
What is the revenue of Fantasy Theatre Factory Inc?
Fantasy Theatre Factory Inc's revenue in 2022 was $1,269,447.
Official website here: www.ftfshows.com
Who are the executives of Fantasy Theatre Factory Inc and what are their salaries?
The average compensation at Fantasy Theatre Factory Inc during 2022 was $49,762. There are 13 employees and 25 volunteers at Fantasy Theatre Factory Inc.
Here are 12 key members and their salaries:
- Compensation: $97,830
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- Other: $0
- Compensation: $25,233
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- Other: $0
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Official website here: www.ftfshows.com
Where can I find the form 990 for Fantasy Theatre Factory Inc?
Fantasy Theatre Factory Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ftfshows.com
Learn more at the official website: www.ftfshows.com
Mission Statement of Fantasy Theatre Factory Inc
Fantasy Theatre Factory, a renowned organization, is committed to crafting engaging, educational theatrical programs tailored for children, families, and the general public. Their mission extends beyond just presenting high-quality shows; they aim to expand access to these programs for individuals from diverse cultures and backgrounds, including those hailing from underserved communities. By doing so, they strive to enrich the lives of a vast audience, fostering an inclusive and culturally enriched theatrical experience. For more details about their mission, please visit their official website.
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Impact
July, 2024
Fantasy Theatre Factory Inc has a significant impact on the community by providing high-quality educational theatrical programs for children, families, and the general public. Through their statewide and international touring and presenting theatre activities at Miami's Sandrell Rivers Theatre, they reach over 150,000 patrons annually. By offering a diverse range of programming and summer camps, Fantasy Theatre Factory Inc not only entertains but also educates and enriches the lives of individuals from all backgrounds. Their dedication to increasing access to these programs, particularly in underserved communities, highlights their commitment to making the arts accessible to everyone. This organization plays a crucial role in fostering creativity, cultural exchange, and community engagement in Miami and beyond.
This information is meant to be a general summary of Fantasy Theatre Factory 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: $1,298
- Program Service Revenue: $104,456
- Gross Receipts: $1,269,447
Assets and Liabilities:
- Total Assets: $729,479
- Total Liabilities: $124,648
- Net Assets: $604,831
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GENERAL PROGRAMMING
Revenue
$104,456
Organization Details
Founding Year
1978
Phone
(305) 284-8800Principal Officer
Larry G Fields
Main Address
6103 NW 7 AVE, MIAMI, FL, 331271133
Website
www.ftfshows.comNTEE Category
Code: A650 - Arts
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