Overview
What is Circle Theatre Inc?
Circle Theatre Inc, based in Fort Worth, Texas, is a renowned nonprofit organization dedicated to theatrical arts. Established with a mission to elevate dramatic art and promote high literary and dramatic standards, they serve over 10,000 patrons annually through various theatrical productions and performances. As a Texas nonprofit corporation, Circle Theatre Inc is committed to fostering a professional theatre environment in Fort Worth, contributing to the cultural landscape of the city. With a dedicated team of 46 employees, they continue to enrich the community through their passion for theatrical performances.
Official website here: www.circletheatre.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
Circle Theatre Inc has received a high score of 90%, indicating strong performance in its accountability and finance practices. This rating is based entirely on a single beacon score, showcasing the organization's commitment to transparency and fiscal responsibility. With 100% of its board members being independent and a well-structured governance in place, Circle Theatre demonstrates a robust framework for ethical management.
The organization excels in areas such as financial audits and the absence of material diversion of assets, both of which received full points. Additionally, it has implemented comprehensive policies addressing conflicts of interest, whistleblower protection, and document retention, further reinforcing its accountability. The liabilities to assets ratio is notably low at 9.76%, suggesting sound financial health.
However, while Circle Theatre's program expense ratio of 65.48% shows a commitment to programmatic spending, there is a slight room for improvement to reach higher benchmarks for this category. Overall, the organization's strong rating highlights its effective governance and financial integrity, making it a commendable option for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Circle Theatre Inc?
92% of 280 reviewers on Facebook recommend Circle Theatre Inc. Here's a summary of their reviews:
The production of "King O'the Moon" received high praise, with many audience members noting the exceptional quality of the cast and overall performance. Viewers expressed their enjoyment and highlighted the engaging nature of the show, indicating a positive experience not only for themselves but also for their families, such as grandchildren.
Overall, the theatre seems to deliver compelling and enjoyable performances, fostering a sense of community excitement around their productions. The encouraging feedback suggests that Circle Theatre Inc continues to resonate well with its audience, prompting many to recommend attending their shows.
This AI summary has been generated from reviews found on Facebook.
Is Circle Theatre Inc legitimate?
Circle Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Circle 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: $76,476
Professional Fundraising Fees: $0
Other Salaries and Wages: $268,906
For more financial information, click here
Official website here: www.circletheatre.com
What is the mission statement of Circle Theatre Inc?
Circle Theatre Inc, as a nonprofit organization, was established with the aim of establishing a professional theater in Texas, specifically in Fort Worth. Their primary mission is to foster the growth of dramatic art and encourage the upholding of high literary and dramatic standards. Through various theatrical productions and performances, they serve over 10,000 patrons, contributing to the cultural landscape of the area.
Official website here: www.circletheatre.com
Who is the CEO of Circle Theatre Inc?
Tim Long is the President of Circle Theatre Inc.
Official website here: www.circletheatre.com
What is the revenue of Circle Theatre Inc?
Circle Theatre Inc's revenue in 2022 was $689,080.
Official website here: www.circletheatre.com
Who are the executives of Circle Theatre Inc and what are their salaries?
The average compensation at Circle Theatre Inc during 2022 was $7,508. There are 46 employees at Circle Theatre Inc.
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- Compensation: $76,476
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Official website here: www.circletheatre.com
Where can I find the form 990 for Circle Theatre Inc?
Circle Theatre Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.circletheatre.com
Learn more at the official website: www.circletheatre.com
Mission Statement of Circle Theatre Inc
Circle Theatre Inc, a Texas-based nonprofit corporation, was established with the mission to foster the development of dramatic art and promote high literary and dramatic standards. This mission-driven organization aspires to establish a professional theatre in Fort Worth, Texas. Circle Theatre Inc's primary goal is to provide various theatrical productions and performances, serving over 10,000 patrons. By doing so, it aims to contribute to the advancement of dramatic art, encouraging the cultivation of refined artistic standards.
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Impact
July, 2024
Circle Theatre Inc's impact is evident in its commitment to fostering the development of dramatic art and promoting high literary and dramatic standards in Fort Worth, Texas. Through its various theatrical productions and performances, Circle Theatre Inc has reached over 10,000 patrons, offering them access to enriching cultural experiences. By establishing a professional theatre in the region, the organization not only entertains and inspires audiences but also contributes to the cultural vibrancy of the community. Circle Theatre Inc's dedication to the arts plays a vital role in nurturing creativity and artistic expression, making a lasting impact on both individuals and the broader society.
This information is meant to be a general summary of Circle 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 2022.
- Investment Income: $25
- Program Service Revenue: $280,276
- Gross Receipts: $689,080
Assets and Liabilities:
- Total Assets: $837,342
- Total Liabilities: $81,784
- Net Assets: $755,558
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$167,310
PPP LOAN FORGIVENESS
Revenue
$72,836
UMBRELLA
Revenue
$25,041
CONCESSIONS/OTHER
Revenue
$15,089
Organization Details
Founding Year
1981
Phone
(817) 877-3040Principal Officer
Tim Long
Main Address
PO BOX 470456, FORT WORTH, TX, 761470456
Website
www.circletheatre.comNTEE Category
Code: A65 - Arts
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