Overview
What is City Springs Theatre Inc?
City Springs Theatre Inc, based in Sandy Springs, Georgia, serves as a vibrant cultural hub with a mission to entertain, educate, and enrich the community. Established at 8601 DUNWOODY PLACE SUITE 136, this nonprofit organization has been instrumental in providing high-quality live productions, engaging over 157,000 patrons and 124,000 students since its inception. Beyond its artistic endeavors, City Springs Theatre Inc extends its reach to various educational programs, contributing to the community's economic development by creating world-class theatre experiences at the Sandy Springs Performing Arts Center. With a team of 139 dedicated individuals, this theatre company strives to foster a sense of unity and cultural appreciation within its community.
Official website here: www.cityspringstheatre.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
City Springs Theatre Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in accountability and financial practices. The organization excels in governance, with 100% of its board members being independent and a robust audit and oversight committee. However, the lack of a whistleblower policy and missing document retention guidelines could raise concerns regarding transparency and compliance.
Financially, the nonprofit shows a strong program expense ratio, indicating that a significant portion of its budget is allocated to programs rather than administrative costs. However, the liabilities to assets ratio is notably high at 106.83%, which could suggest potential financial challenges. While the organization demonstrates strong governance practices, there are several areas where policies and financial management could be enhanced to improve its overall rating and public trust.
Overall, while City Springs Theatre Inc has strengths in board independence and program expenditure, it faces challenges that need addressing to strengthen its financial health and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is City Springs Theatre Inc legitimate?
City Springs Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. City Springs 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $764,628
For more financial information, click here
Official website here: www.cityspringstheatre.com/
What is the mission statement of City Springs Theatre Inc?
City Springs Theatre Inc is committed to enriching and educating their community through the creation of world-class theatre experiences. Their mission is to contribute to cultural and economic development while entertaining their audience. They achieve this by producing high-quality live productions and supporting various educational programs. Since its inception, City Springs Theatre Inc has served over 157,000 patrons and 124,000 students.
In simpler terms, City Springs Theatre Inc strives to provide top-notch theatre performances that not only entertain but also contribute to the growth of their community. They have a strong focus on education, having served a significant number of students and audience members since its establishment.
Official website here: www.cityspringstheatre.com/
Who is the CEO of City Springs Theatre Inc?
Paul Berry is the Chair of City Springs Theatre Inc.
Official website here: www.cityspringstheatre.com/
What is the revenue of City Springs Theatre Inc?
City Springs Theatre Inc's revenue in 2022 was $4,905,370.
Official website here: www.cityspringstheatre.com/
Who are the executives of City Springs Theatre Inc and what are their salaries?
The average compensation at City Springs Theatre Inc during 2022 was $5,501. There are 139 employees and 15 volunteers at City Springs Theatre Inc.
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Official website here: www.cityspringstheatre.com/
Where can I find the form 990 for City Springs Theatre Inc?
City Springs Theatre Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cityspringstheatre.com/
Learn more at the official website: www.cityspringstheatre.com/
Mission Statement of City Springs Theatre Inc
City Springs Theatre Inc, a renowned nonprofit organization, is committed to enriching and educating its community while contributing to its cultural and economic development. They achieve this by creating exceptional theatre experiences at the Sandy Springs Performing Arts Center. The company's mission is to entertain its audience while fostering a sense of community engagement. City Springs Theatre Inc produces high-quality live productions, engaging over 157,000 patrons and 124,000 students since its inception. The nonprofit's efforts extend beyond entertainment, as it also supports various educational programs, contributing to the overall development of its community.
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Impact
July, 2024
City Springs Theatre Inc has had a significant impact on the cultural and economic development of Sandy Springs, GA. By creating world-class theatre experiences at the Sandy Springs Performing Arts Center, City Springs Theatre Company has entertained, educated, and enriched the community. With a focus on high-quality live productions and supporting various education programs, City Springs Theatre Company has served over 157,000 patrons and 124,000 students since its inception. Their dedication to the arts has made a lasting impression on the local community, establishing them as a vital cultural institution in Sandy Springs.
This information is meant to be a general summary of City Springs 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.
- Program Service Revenue: $2,278,936
- Gross Receipts: $4,905,370
Assets and Liabilities:
- Total Assets: $1,794,795
- Total Liabilities: $1,101,242
- Net Assets: $693,553
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$1,915,808
CONSERVATORY/EDUCATION
Revenue
$363,128
Organization Details
Founding Year
2017
Phone
(404) 477-4365Principal Officer
Paul Berry
Main Address
8601 DUNWOODY PLACE SUITE 136, SANDY SPRINGS, GA, 30350
Website
www.cityspringstheatre.com/NTEE Category
Code: A60 - Arts
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