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Theatre Three Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 756042183 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Theatre Three Inc?

Theatre Three Inc, located in Dallas, Texas, is a distinguished nonprofit organization dedicated to the production and performance of thought-provoking theatrical plays. With a mission to enlighten the human experience, they nurture local artists and authors, cultivating an intimate environment for both performers and audience members. Their dedication extends beyond the stage, promoting the teaching and study of theatre, reaching approximately 35,000 people annually. As of the provided information, Theatre Three Inc employs a team of 28 individuals, passionately committed to their artistic and educational pursuits.


Official website here: www.theatre3dallas.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Theatre Three Inc has achieved a commendable Three-Star rating from Charity Navigator, reflecting its solid performance in the realm of accountability and finance. With an overall score of 81%, the organization demonstrates a commitment to transparency and effective financial management. The rating is derived solely from its accountability and finance measures, indicating strong practices in these areas.

One of the key strengths of Theatre Three Inc lies in its governance structure, boasting a board that is fully independent with eight members. This governance model is complemented by the presence of robust oversight mechanisms, including an Audit and Oversight Committee. Additionally, the organization has implemented various policies, such as conflict of interest and whistleblower policies, which further enhance its accountability framework.

Despite these strengths, it's important to recognize that the organization's overall rating is based exclusively on its accountability and finance metrics, which means that other aspects such as program effectiveness and impact may not be reflected in this score. Future evaluations could benefit from a broader assessment that includes programmatic outcomes to provide a more comprehensive view of Theatre Three Inc's overall effectiveness.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Theatre Three Inc?

96% of 658 reviewers on Facebook recommend Theatre Three Inc. Here is a summary of their reviews:

Many patrons express a deep affection for Theatre Three, highlighting the enjoyable experiences they have had there as season ticket holders. One reviewer specifically mentions "Once" as a standout production, indicating the high-quality performances that resonate with audiences.

Overall, it is clear that Theatre Three Inc effectively delivers engaging theatrical experiences, earning a strong following and positive sentiment among its supporters.


This AI summary has been generated from reviews found on Facebook.

Is Theatre Three Inc legitimate?

Theatre Three Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Theatre Three 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: $161,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $304,477

For more financial information, click here


Official website here: www.theatre3dallas.com

What is the mission statement of Theatre Three Inc?

Theatre Three Inc's mission is centered around illuminating the human experience through exceptional, intimate theatre. They achieve this by fostering local authors and artists, and engaging with their audience. The organization is committed to nurturing talent and promoting the teaching and study of theatre, reaching an audience of around 35,000 people annually. Theatre Three Inc is dedicated to enriching the community by providing a platform for artistic expression and education.


Official website here: www.theatre3dallas.com

What is the revenue of Theatre Three Inc?

Theatre Three Inc's revenue in 2023 was $764,094.


Official website here: www.theatre3dallas.com

Who are the executives of Theatre Three Inc and what are their salaries?

The average compensation at Theatre Three Inc during 2023 was $11,656. There are 40 employees and 8 volunteers at Theatre Three Inc.

Here are 11 key members and their salaries:


Jeffrey Schmidt (Artistic Dir.)
  • Compensation: $65,000
  • Related: $0
  • Other: $0
Katherine Edwards-From 112022 (Managing Dir.)
  • Compensation: $50,000
  • Related: $0
  • Other: $0
Charlie Beavers-Thru 112022 (Executive Dir.)
  • Compensation: $46,750
  • Related: $0
  • Other: $0
Michael Cluff-Thru 22023 (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachmad Tjachyadi-Thru 42023 (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Luther (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Burkhead (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Brown (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Estrada-Thru 42023 (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harrison Herndon (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marco Cruz-Thru 12023 (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.theatre3dallas.com

Where can I find the form 990 for Theatre Three Inc?

Theatre Three Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.theatre3dallas.com

Learn more at the official website: www.theatre3dallas.com

Mission Statement of Theatre Three Inc

Theatre Three Inc, a renowned organization, illuminates the human experience through exemplary and intimate theatre. Their mission is threefold: they nurture authors, regional artists, and audiences. By doing so, they aim to provide a platform for storytelling that resonates with people on a personal level. Theatre Three Inc believes in the power of theatre to educate and engage, and they are devoted to promoting the teaching and study of this art form. Their productions and performances reach an audience of approximately 35,000 people, demonstrating their commitment to sharing their unique perspective on the human experience.

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Impact




July, 2024

Theatre Three Inc's impact is significant as it illuminates the human experience through exemplary and intimate theatre productions. By nurturing authors, regional artists, and audiences, Theatre Three has created a space for artistic growth and exploration. Through the production and performance of theatrical plays, this organization has reached an audience of approximately 35,000 people, fostering a deeper appreciation for the arts in the community. Additionally, Theatre Three is devoted to promoting the teaching and study of theatre, further enriching the cultural landscape of Dallas, TX. This commitment to artistic excellence and education makes Theatre Three Inc a vital contributor to the arts scene in the region.




This information is meant to be a general summary of Theatre Three 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.

Revenue
$764,094 (2023)
Expenses
$1,193,623 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,518
  • Program Service Revenue: $285,822
  • Gross Receipts: $764,094

Assets and Liabilities:

  • Total Assets: $431,591
  • Total Liabilities: $269,679
  • Net Assets: $161,912

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TICKET SALES

Revenue

$285,822

Organization Details

Founding Year

1965

Principal Officer

Katherine Edwards

NTEE Category

Code: A65 - Arts

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