Overview
What is Theatre Aspen?
Theatre Aspen is a nonprofit organization situated in Aspen, Colorado, with its headquarters at 110 E HALLAM ST - STE 126. Their primary mission is to entertain, educate, enrich, and challenge the residents and visitors of the Roaring Fork Valley through professional-quality theatrical productions, new play development initiatives, and a diverse range of educational programs. With a workforce of 115 individuals, Theatre Aspen produces theatrical productions using both professional and amateur actors, contributing to the cultural landscape of the region.
Official website here: www.theatreaspen.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 94%
Theatre Aspen has achieved a Four-Star out of Four Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The organization scored 94% in its Accountability & Finance score, which reflects a high level of transparency and sound management practices. With an independent board composed entirely of 33 members, Theatre Aspen demonstrates effective governance, essential for maintaining donor trust and organizational integrity.
Significant strengths of Theatre Aspen include its rigorous financial oversight, as evidenced by perfect scores in areas such as the audit and oversight committee, material diversion of assets, and conflict of interest policies. The charity shows a commendable program expense ratio of 93.12%, which suggests that most of its funding goes directly to its mission-related activities, maximizing the impact of donations received.
However, it's worth noting that Theatre Aspen's fundraising efficiency ratio is notably low at $0.002, which may indicate challenges in generating funds compared to its expenses. Despite this limitation, the organization’s overall financial health and transparency reflect a dedication to its mission and responsible stewardship of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Theatre Aspen legitimate?
Theatre Aspen is a legitimate nonprofit organization registered as a 501(c)(3) entity. Theatre Aspen 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: $242,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,250,193
For more financial information, click here
Official website here: www.theatreaspen.org
What is the mission statement of Theatre Aspen?
Theatre Aspen's mission is centered around engaging and enriching the local community and visitors of the Roaring Fork Valley. Through high-quality theatrical productions, new play development initiatives, and a comprehensive range of educational programs, the organization aims to entertain, enlighten, educate, and challenge its audience. The theatre produces shows utilizing both professional and amateur actors, underscoring its commitment to providing diverse theatrical experiences.
Official website here: www.theatreaspen.org
Who is the CEO of Theatre Aspen?
Ali Phillips is the Director of Theatre Aspen.
Official website here: www.theatreaspen.org
What is the revenue of Theatre Aspen?
Theatre Aspen's revenue in 2022 was $4,194,638.
Official website here: www.theatreaspen.org
Who are the executives of Theatre Aspen and what are their salaries?
The average compensation at Theatre Aspen during 2022 was $12,980. There are 115 employees and 100 volunteers at Theatre Aspen.
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Official website here: www.theatreaspen.org
Where can I find the form 990 for Theatre Aspen?
Theatre Aspen's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theatreaspen.org
Learn more at the official website: www.theatreaspen.org
Mission Statement of Theatre Aspen
Theatre Aspen, a renowned professional theatre, is committed to entertaining, enlightening, enriching, educating, and challenging the local community and visitors of the Roaring Fork Valley. They achieve this mission through the production of high-quality theatrical performances using both professional and amateur actors. This organization goes beyond just entertainment, as it also engages in new play development initiatives and offers a wide array of educational programs. By doing so, Theatre Aspen aims to provide a broad spectrum of opportunities that stimulate intellectual growth and foster a deeper understanding of various themes and perspectives.
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Impact
July, 2024
Theatre Aspen enriches the cultural landscape of Aspen and the Roaring Fork Valley by producing professional theatrical productions that entertain, enlighten, and challenge audiences. Through their commitment to high-quality performances and innovative new play development initiatives, Theatre Aspen plays a vital role in fostering a vibrant arts community in the region. Additionally, their diverse education programs help inspire and nurture the next generation of theatre enthusiasts, ensuring a lasting impact on both residents and visitors alike.
This information is meant to be a general summary of Theatre Aspen. 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.
- Program Service Revenue: $1,517,063
- Gross Receipts: $4,292,007
Assets and Liabilities:
- Total Assets: $2,133,321
- Total Liabilities: $162,352
- Net Assets: $1,970,969
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRODUCTION INCOME
Revenue
$1,337,351
EDUCATION PROGRAMS
Revenue
$179,712
Organization Details
Founding Year
1983
Phone
(970) 925-9313Principal Officer
Ali Phillips
Main Address
110 E HALLAM ST - STE 126, ASPEN, CO, 81611
Website
www.theatreaspen.orgNTEE Category
Code: A650 - Arts
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