Overview
What is Black Rock Theater Corporation?
Black Rock Theater Corporation, also known as Broadway Method Academy (BMA), is a nonprofit entity located in Fairfield, Connecticut. Their primary mission is to offer young artists the fundamental skills necessary for integrating acting, singing, and dancing. By doing so, they aim to cultivate future audiences, educate current audiences, contribute to the community, and positively influence the lives of children. Throughout the year, BMA provides a platform where students can apply the knowledge they've gained in the classroom to real-life scenarios, in the rehearsal room and on stage.
Official website here: www.broadwaymethodacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%
Black Rock Theater Corporation has received a zero-star rating based on its financial accountability and transparency. The organization scored well in areas such as having a fully independent board and maintaining proper meeting documentation. However, it fell significantly short in critical financial reporting metrics, which are essential for assessing the organization's overall financial health and governance practices.
The organization has a high liabilities-to-assets ratio at 91.54%, indicating potential financial instability. Additionally, the program expense ratio is only 35.29%, suggesting that a significant portion of its expenses may not be allocated towards its programs. The lack of financial statements posted on its website and missing documents such as a whistleblower policy and a document retention and destruction policy raises concerns about transparency.
Despite these limitations, it is notable that Black Rock Theater Corporation has a majority of independent board members and no material diversion of assets. The presence of a conflict of interest policy is also a positive aspect. Moving forward, the organization may need to improve its financial disclosures and overall accountability to enhance its rating and gain community trust.
This AI summary has been generated from information found on Charity Navigator.
Is Black Rock Theater Corporation legitimate?
Black Rock Theater Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black Rock Theater Corporation 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: $55,369
Professional Fundraising Fees: $0
Other Salaries and Wages: $147,652
For more financial information, click here
Official website here: www.broadwaymethodacademy.org
What is the mission statement of Black Rock Theater Corporation?
The Black Rock Theater Corporation's mission is centered around providing vital resources for young artists. It encourages the integration of acting, singing, and dancing skills in these budding artists. The organization plays a significant role in fostering future audiences, educating current ones, enriching the community, and positively impacting the lives of children. Throughout the year, they offer musical productions, allowing students to implement their classroom lessons in real-world settings, both during rehearsals and performances.
Official website here: www.broadwaymethodacademy.org
What is the revenue of Black Rock Theater Corporation?
Black Rock Theater Corporation's revenue in 2022 was $568,847.
Official website here: www.broadwaymethodacademy.org
Who are the executives of Black Rock Theater Corporation and what are their salaries?
Here are 6 key members and their salaries:
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- Compensation: $55,369
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Official website here: www.broadwaymethodacademy.org
Where can I find the form 990 for Black Rock Theater Corporation?
Black Rock Theater Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.broadwaymethodacademy.org
Learn more at the official website: www.broadwaymethodacademy.org
Mission Statement of Black Rock Theater Corporation
Black Rock Theater Corporation, a non-profit organization, is committed to providing essential resources for young artists. Its mission is multifaceted, aimed at integrating acting, singing, and dancing skills in young individuals. The corporation plays a pivotal role in nurturing the next generation of performers, while simultaneously engaging and educating current audiences. Moreover, it strives to enrich its local community and contribute to the personal growth of children. Through its various activities, Black Rock Theater Corporation seeks to establish a solid foundation for tomorrow's artists, fostering an appreciation for the performing arts among contemporary spectators, and enriching the lives of children in the process.
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Impact
July, 2024
Black Rock Theater Corporation's impact lies in its dedication to providing young artists with the essential tools to integrate acting, singing, and dancing. By offering students the opportunity to apply their classroom learning on stage through musical productions, the organization not only nurtures artistic talent but also cultivates a passion for the arts among audiences. Through its mission to enrich the community and the lives of children, Black Rock Theater Corporation plays a vital role in shaping the cultural landscape and fostering creativity in Fairfield, CT.
This information is meant to be a general summary of Black Rock Theater Corporation. 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: $428,613
- Gross Receipts: $568,847
Assets and Liabilities:
- Total Assets: $59,471
- Total Liabilities: $54,445
- Net Assets: $5,026
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Classes/Lessons
Revenue
$280,726
Performances
Revenue
$141,528
Merchandise sales
Revenue
$6,359
Organization Details
Founding Year
2016
Principal Officer
Connor Deane
NTEE Category
Code: A60 - Arts
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