Overview
What is Lexington Children's Theatre Inc?
Lexington Children's Theatre Inc, located in Lexington, Kentucky, is a dedicated nonprofit organization with a mission to offer professional theater experiences and quality theater education for young audiences. They annually engage with over 60,000 children through major productions and school performances, extending their reach further by providing theater arts education to approximately 150,000 children across the state. With a team of 19 individuals, they strive to enrich the lives of young people, fostering creativity and artistic growth within the community.
Official website here: www.lctonstage.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
Lexington Children's Theatre Inc demonstrates a strong commitment to financial accountability and transparency, as evidenced by its solid score of 88%. The organization has achieved full marks in several key areas, including having a majority of independent board members and a solid financial statement oversight committee. This indicates a well-structured governance framework that prioritizes ethical practices and accountability.
The organization maintains a high program expense ratio of 83.70%, suggesting that a significant portion of its funds is directed towards its mission-related activities rather than administrative costs. This is a positive indicator for donors seeking to support organizations that maximize their impact through programmatic efforts. Additionally, the absence of material diversion of assets highlights the integrity of the organization's financial management.
However, there are a couple of areas noted for improvement. The theatre is missing a whistleblower policy and document retention and destruction policy, which could enhance its governance practices. While these omissions do not significantly detract from the organization’s overall accountability, addressing them could further strengthen its operational framework.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lexington Children's Theatre Inc?
94% of 488 reviewers on Facebook recommend Lexington Children's Theatre Inc. A common sentiment among the comments is the enjoyment experienced by attendees during performances, such as the recent production of "Beauty & the Beast." This indicates that the theater successfully engages its audience with quality shows that resonate well with both children and adults alike.
Many patrons express appreciation for the talent of the cast and the overall production values, suggesting that the organization puts significant effort into producing entertaining and meaningful performances. Reviewers also highlight the positive atmosphere and family-friendly environment, further reinforcing the theater's appeal as a delightful outing for families.
Overall, the Lexington Children's Theatre provides a fulfilling experience that captivates its audiences, making it a highly recommended destination for community entertainment.
This AI summary has been generated from reviews found on Facebook.
Is Lexington Children's Theatre Inc legitimate?
Lexington Children's Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lexington Children's 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: $723,219
For more financial information, click here
Official website here: www.lctonstage.org
What is the mission statement of Lexington Children's Theatre Inc?
The mission of Lexington Children's Theatre Inc is centered around providing professional theater experiences for young audiences and offering quality theater education annually. They strive to reach as many as 150,000 children across the state of Kentucky through these experiences and educational programs. The theatre performs major productions for young audiences and conducts numerous school performances, providing theater to over 60,000 children annually. The goal is to expose children to the art of theater and foster their interest and skills in the field.
Official website here: www.lctonstage.org
Who is the CEO of Lexington Children's Theatre Inc?
Rachel Ray is the Treasurer of Lexington Children's Theatre Inc.
Official website here: www.lctonstage.org
What is the revenue of Lexington Children's Theatre Inc?
Lexington Children's Theatre Inc's revenue in 2023 was $1,449,372.
Official website here: www.lctonstage.org
Who are the executives of Lexington Children's Theatre Inc and what are their salaries?
The average compensation at Lexington Children's Theatre Inc during 2023 was $38,064. There are 19 employees and 140 volunteers at Lexington Children's Theatre Inc.
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Official website here: www.lctonstage.org
Where can I find the form 990 for Lexington Children's Theatre Inc?
Lexington Children's Theatre Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lctonstage.org
Learn more at the official website: www.lctonstage.org
Mission Statement of Lexington Children's Theatre Inc
Lexington Children's Theatre Inc, a renowned organization, is committed to delivering professional theatre experiences for young audiences and providing quality theatre education for children annually. Their mission is to engage as many as 150,000 children across the state of Kentucky in these enriching activities. By staging major productions for young audiences and conducting numerous school performances, the theatre provides an opportunity for over 60,000 children to experience theatre each year. This nonprofit is dedicated to enriching the lives of children through the power of theatre arts, fostering creativity, and nurturing a love for the performing arts in the next generation.
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Impact
July, 2024
Lexington Children's Theatre Inc has a significant impact on the community by providing professional theatre experiences for young audiences and quality theatre education for young people annually. The theatre performs major productions for young audiences and conducts numerous school performances, reaching over 60,000 children each year. This organization plays a vital role in offering quality theatre experiences and arts education to as many as 150,000 children throughout the state of Kentucky. Their dedication to enriching the lives of children through the arts is commendable, making a positive difference in the lives of many.
This information is meant to be a general summary of Lexington Children's 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: $16,124
- Program Service Revenue: $632,035
- Gross Receipts: $1,631,869
Assets and Liabilities:
- Total Assets: $2,627,019
- Total Liabilities: $547,161
- Net Assets: $2,079,858
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRODUCTION REVENUE
Revenue
$324,703
EDUCATION REVENUE
Revenue
$202,748
EVENTS REVENUE
Revenue
$104,584
Organization Details
Founding Year
1977
Phone
(859) 254-4546Principal Officer
Rachel Ray
Main Address
418 WEST SHORT STREET, LEXINGTON, KY, 40507
Website
www.lctonstage.orgNTEE Category
Code: A65Z - Arts
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