Overview
What is Billings Studio Theatre Inc?
Billings Studio Theatre Inc is a dedicated nonprofit organization situated in Billings, Montana, with a specific address at 1500 RIMROCK ROAD. Their primary mission is to foster a vibrant community theatre program and expand the theatrical and educational prospects for the Billings community. To achieve this, they present an annual lineup of live stage productions, offering a platform for local participants and providing entertainment for audience members. This year, they delivered 9 unique productions and a summer camp. Despite the ongoing challenges posed by COVID-19, the organization's future outlook is optimistic. With a workforce of 31 employees, Billings Studio Theatre Inc plays a significant role in promoting and nurturing the creativity and talent within the Billings community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star rating
Billings Studio Theatre Inc has received a score of 75% from Charity Navigator, reflecting its strong performance in the Accountability and Finance category. The organization excels in governance, with a fully independent board of directors and no reported material diversion of assets, indicating robust oversight and ethical management of resources.
The nonprofit demonstrates a high program expense ratio of 81.88%, suggesting that a significant portion of its expenditures is directed towards its mission-related activities rather than administrative costs. Additionally, the presence of comprehensive policies, including a conflict of interest and whistleblower policy, contributes to its accountability measures.
However, while the organization has scored well in various metrics, the overall rating is solely based on financial accountability aspects. This could imply a need for further evaluation in areas such as program effectiveness and community impact to provide a more comprehensive view of the nonprofit's performance.
This AI summary has been generated from information found on Charity Navigator.
Is Billings Studio Theatre Inc legitimate?
Billings Studio Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Billings Studio 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: $53,230
Professional Fundraising Fees: $0
Other Salaries and Wages: $178,781
For more financial information, click here
What is the mission statement of Billings Studio Theatre Inc?
Billings Studio Theatre Inc is committed to promoting, encouraging, producing, and developing an active community theatre program. Their mission is to advance the theatrical and educational opportunities within the community. The organization produces an annual season of live stage productions, benefiting both those who participate in staging the plays and those who attend the performances. Their activities aim to provide a platform for community members to engage with theatre and enhance their educational experiences. Despite the challenges posed by COVID-19, the outlook for Billings Studio Theatre Inc's future is showing improvement.
Who is the CEO of Billings Studio Theatre Inc?
Nancy Wollenburg is the Managing Director of Billings Studio Theatre Inc.
What is the revenue of Billings Studio Theatre Inc?
Billings Studio Theatre Inc's revenue in 2023 was $528,021.
Who are the executives of Billings Studio Theatre Inc and what are their salaries?
The average compensation at Billings Studio Theatre Inc during 2023 was $7,484. There are 31 employees and 628 volunteers at Billings Studio Theatre Inc.
Here are 6 key members and their salaries:
- Compensation: $53,230
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Billings Studio Theatre Inc?
Billings Studio Theatre Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Billings Studio Theatre Inc
Billings Studio Theatre Inc is dedicated to fostering an active community theatre program and enhancing the theatrical and educational prospects for its local community. The organization's mission is twofold: to promote and encourage theatrical productions, and to supply ample opportunities for community members to engage in these performances both on and off the stage. By presenting an annual season of live stage productions, Billings Studio Theatre Inc not only benefits those who participate in staging the plays but also those who attend the performances. This commitment to community theatre extends beyond performance, as the organization also offers educational opportunities, ensuring that the local community continues to thrive in theatrical arts. Despite the ongoing challenges posed by COVID-19, Billings Studio Theatre Inc perseveres, looking forward to a brighter future in the realm of community theatre.
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Impact
July, 2024
Billings Studio Theatre Inc's impact lies in its commitment to providing the local community with an annual season of live stage productions, benefiting both those who participate in staging the plays and those who attend the performances. By promoting, encouraging, producing, and developing an active community theatre program, the organization advances theatrical and educational opportunities for the Billings community. Despite the ongoing challenges posed by COVID-19, the outlook for the organization's future is much improved. This year, Billings Studio Theatre Inc performed 9 different productions and a summer camp, enriching the cultural landscape of Billings, Montana.
This information is meant to be a general summary of Billings Studio 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 2023.
- Investment Income: $19,089
- Program Service Revenue: $263,543
- Gross Receipts: $528,021
Assets and Liabilities:
- Total Assets: $1,006,519
- Total Liabilities: $134,194
- Net Assets: $872,325
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THEATRICAL PRODUCTIONS
Revenue
$259,543
ADVERTISING REVENUES
Revenue
$4,000
Organization Details
Founding Year
1966
Principal Officer
Nancy Wollenburg
Main Address
1500 RIMROCK ROAD, BILLINGS, MT, 59102
NTEE Category
Code: A65 - Arts
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