Overview
What is Co Lab Theater Group Inc?
Co Lab Theater Group Inc is a 501C3 non-profit organization, established in compliance with New York state laws, with a mission to offer individuals with developmental disabilities a stimulating and inclusive platform through theater arts. Their activities include conducting weekly classes, workshops, and skill-building sessions in various genres like ensemble theater, musical theater, comedy, and puppetry, all of which are free for actors and their families. These classes culminate in three annual productions, providing opportunities for up to 12-15 actors per class. With a focus on collaboration and self-expression, Co Lab Theatre Group Inc fosters a supportive, non-judgmental, and neuro-diverse environment, aiming to celebrate and honor every individual's unique voice. Approximately 200 individuals benefit from their programs each year, ensuring that financially accessible theater arts are within reach for all. Based in New York, the organization can be contacted through their PO Box 727 address.
Official website here: www.colabtheatergroup.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
Co Lab Theater Group Inc has received a solid rating of 85%, indicating a strong level of accountability and financial health. The organization excels in governance, with 100% of its board members being independent, which enhances its decision-making processes and integrity. Additionally, the organization has robust policies in place regarding conflict of interest and whistleblowing, ensuring transparency and ethical practices.
Financially, Co Lab Theater Group demonstrates sound management with no material diversion of assets and a low liabilities-to-assets ratio of 4.13%. However, while the program expense ratio stands at 60.80%, there is room for improvement in this area as it may suggest that a portion of funds is allocated to administrative costs rather than directly supporting programs.
Overall, the combination of effective governance and strong financial practices positions Co Lab Theater Group as a reliable nonprofit organization. Nevertheless, stakeholders may want to monitor the program expense ratio to ensure that funds are being directed efficiently toward its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Co Lab Theater Group Inc legitimate?
Co Lab Theater Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Co Lab Theater Group 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: $76,160
Professional Fundraising Fees: $0
Other Salaries and Wages: $366,765
For more financial information, click here
Official website here: www.colabtheatergroup.com
What is the mission statement of Co Lab Theater Group Inc?
Co Lab Theater Group Inc, as a 501C3 non-profit organization, is committed to offering creative opportunities without limitations and boundaries. Their mission is to provide a nurturing, judgment-free environment for individuals with developmental disabilities, enabling them to explore theater arts as a means of self-expression. Through their programming, Co Lab Theater Group encourages collaboration and the discovery of individual voices, fostering an inclusive ensemble. The organization aims to celebrate each individual's uniqueness and offers financially accessible programs to ensure inclusivity.
Official website here: www.colabtheatergroup.com
Who is the CEO of Co Lab Theater Group Inc?
Rebecca A Leifman is the Executive Director of Co Lab Theater Group Inc.
Official website here: www.colabtheatergroup.com
What is the revenue of Co Lab Theater Group Inc?
Co Lab Theater Group Inc's revenue in 2022 was $719,445.
Official website here: www.colabtheatergroup.com
Who are the executives of Co Lab Theater Group Inc and what are their salaries?
The average compensation at Co Lab Theater Group Inc during 2022 was $13,027. There are 34 employees and 50 volunteers at Co Lab Theater Group Inc.
Here are 10 key members and their salaries:
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Official website here: www.colabtheatergroup.com
Where can I find the form 990 for Co Lab Theater Group Inc?
Co Lab Theater Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.colabtheatergroup.com
Learn more at the official website: www.colabtheatergroup.com
Mission Statement of Co Lab Theater Group Inc
Co Lab Theater Group Inc, as a 501C3 non-profit organization, is committed to offering a creative and inclusive environment for individuals with developmental disabilities. Established under New York state law, the organization's mission is to provide these individuals with a unique platform through theater arts. By incorporating programming that encourages collaboration and self-expression, Co Lab Theater Group aims to empower its participants by allowing them to discover their individual voices. The organization creates a safe and judgement-free space, fostering a neuro-diverse environment where everyone is valued and celebrated. Co Lab Theater Group strives to make its programs financially accessible to all, ensuring that no one is excluded due to financial constraints. Through its initiatives, the non-profit seeks to offer a creative and social outlet, enabling individuals with developmental disabilities to express themselves both in class and on stage.
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Impact
July, 2024
Co Lab Theater Group Inc's impact can be seen in its dedication to providing creative opportunities without limits and boundaries to individuals with developmental disabilities through theater arts. The organization reaches roughly 200 individuals per year, offering a variety of programs such as weekly classes, introductory workshops, and skill-building workshops. By fostering a safe and judgment-free environment, Co Lab encourages actors to collaborate as an ensemble and discover their individual voices. Through its fully-staged productions and diverse class topics like ensemble theater, musical theater, comedy, and puppetry, Co Lab enables participants to express themselves both in class and on stage. This nonprofit organization in New York, NY, is making a significant impact by honoring and celebrating every individual and offering financially accessible programs to all, thereby enriching the lives of those it serves.
This information is meant to be a general summary of Co Lab Theater Group 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: $79
- Program Service Revenue: $29,276
- Gross Receipts: $723,206
Assets and Liabilities:
- Total Assets: $643,285
- Total Liabilities: $20,327
- Net Assets: $622,958
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Organization Details
Founding Year
2011
Phone
(847) 529-7355Principal Officer
Rebecca A Leifman
Main Address
PO Box 727, NEW YORK, NY, 10108
Website
www.colabtheatergroup.comNTEE Category
Code: A65 - Arts
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