Overview
What is Arkansas Repertory Theatre?
Arkansas Repertory Theatre is a nonprofit organization located in Little Rock, Arkansas. Their primary mission is to deliver a wide array of theatrical productions, upholding exceptional artistic standards. With an emphasis on compelling dramatic storytelling that sheds light on human experiences, the theatre aims to entertain, engage, and provoke thought among diverse local and regional audiences, regardless of age or background. Furthermore, the Arkansas Repertory Theatre extends its reach through outreach programming, particularly for youth, across the state. This underlines their dedication to the educational value of performing arts. The theatre also contributes to the advancement of the art form by exploring new works and mentoring emerging theatre practitioners. Currently, the organization employs 56 individuals.
Official website here: www.therep.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 87% (Three-Star out of Four Star rating)
Arkansas Repertory Theatre has earned a solid 87% rating from Charity Navigator, indicating a commendable level of accountability and financial health. The rating is exclusively based on accountability and finance metrics, with the organization excelling in areas such as having an entirely independent board and strong oversight measures. The lack of material diversion of assets and well-documented policies further contribute to their positive assessment.
Strengths noted in the assessment include a well-structured board with 100% independent members and a robust auditing process, demonstrating a commitment to transparency and responsible governance. Their financial health is highlighted by a low liabilities-to-assets ratio, which suggests stability. Additionally, the theatre maintains a solid program expense ratio, indicating a significant portion of their budget is directed towards their mission and services.
However, the program expense ratio received a lower score compared to other metrics, which may suggest opportunities for improvement in allocating funds directly toward programs and services. Overall, Arkansas Repertory Theatre's strengths in governance and financial management indicate a reliable organization, while its program expense allocation could benefit from further evaluation.
This AI summary has been generated from information found on Charity Navigator.
Is Arkansas Repertory Theatre legitimate?
Arkansas Repertory Theatre is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arkansas Repertory Theatre 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: $88,575
Professional Fundraising Fees: $0
Other Salaries and Wages: $691,013
For more financial information, click here
Official website here: www.therep.org
What is the mission statement of Arkansas Repertory Theatre?
Arkansas Repertory Theatre's mission is centered around producing a diverse range of theatrical pieces that uphold the highest artistic standards. The focus of their work is dramatic storytelling that sheds light on the human journey, aiming to entertain, engage, and challenge local and regional audiences of various ages and backgrounds. In addition to their main productions, they offer outreach programming, particularly for youth, across the state, emphasizing the educational value of the performing arts. Arkansas Repertory Theatre also contributes to the advancement of the art form by exploring new work and mentoring emerging theatre practitioners.
Official website here: www.therep.org
Who is the CEO of Arkansas Repertory Theatre?
Will Trice is the Chair of Arkansas Repertory Theatre.
Official website here: www.therep.org
What is the revenue of Arkansas Repertory Theatre?
Arkansas Repertory Theatre's revenue in 2022 was $4,274,143.
Official website here: www.therep.org
Who are the executives of Arkansas Repertory Theatre and what are their salaries?
The average compensation at Arkansas Repertory Theatre during 2022 was $13,921. There are 56 employees and 180 volunteers at Arkansas Repertory Theatre.
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- Compensation: $65,000
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- Other: $12,602
Official website here: www.therep.org
Where can I find the form 990 for Arkansas Repertory Theatre?
Arkansas Repertory Theatre's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.therep.org
Learn more at the official website: www.therep.org
Mission Statement of Arkansas Repertory Theatre
Arkansas Repertory Theatre, commonly known as The Rep, is dedicated to producing a diverse range of theatrical work of the highest artistic standards. With a focus on dramatic storytelling that illuminates the human journey, The Rep aims to entertain, engage, and challenge local and regional audiences of all ages and backgrounds. Beyond its stage performances, The Rep also extends its reach through outreach programming, particularly targeting youth, across the state. This commitment to education reflects the theater's passionate belief in the educational value of the performing arts. Furthermore, The Rep contributes to the advancement of the art form by exploring new work and mentoring emerging theater practitioners, thereby upholding its role as a leader in the theatrical community.
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Impact
July, 2024
Arkansas Repertory Theatre's impact lies in its dedication to producing a diverse body of theatrical work of the highest artistic standards. By focusing on dramatic storytelling that illuminates the human journey, the theatre entertains, engages, and challenges local and regional audiences of all ages and backgrounds. Additionally, the Rep provides outreach programming, especially for youth across the state, reflecting its commitment to the educational value of the performing arts. Through its exploration of new work and mentoring of emerging theatre practitioners, the Theatre contributes to the advancement of the art form.
This information is meant to be a general summary of Arkansas Repertory Theatre. 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: $7,494
- Program Service Revenue: $1,058,055
- Gross Receipts: $4,288,823
Assets and Liabilities:
- Total Assets: $5,392,488
- Total Liabilities: $1,288,657
- Net Assets: $4,103,831
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THEATRE ADMISSIONS
Revenue
$993,496
CONCESSIONS
Revenue
$56,261
CONTRACT FEES
Revenue
$8,298
Organization Details
Founding Year
1976
Phone
(501) 378-0445Principal Officer
Will Trice
Main Address
PO BOX 110, LITTLE ROCK, AR, 722030110
Website
www.therep.orgNTEE Category
Code: A650 - Arts
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