Overview
What is Openstage Theatre & Co Inc?
Openstage Theatre & Co Inc, based in Fort Collins, Colorado, is a small-scale nonprofit organization with a focus on creating captivating theatrical productions. Leveraging local talent, their primary aim is to deliver high-quality theatre that resonates with both heart and mind. Their mission is to offer exceptional theatre experiences that engage audiences on an emotional level, thereby enriching the community. The organization operates with a dedicated workforce of three individuals.
Official website here: www.openstagetheatre.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Openstage Theatre & Co Inc has achieved a remarkable 94% rating from Charity Navigator, highlighting its strong performance in accountability and finance. The organization's high score is significant as it reflects a commitment to transparency and proper financial management, which is crucial for donor trust and engagement.
The nonprofit benefits from a fully independent board, indicating robust governance practices. All 11 board members are independent, and there are no reported instances of material diversion of assets. The organization also adheres to comprehensive policies regarding conflict of interest, whistleblowing, and document retention, further showcasing its dedication to ethical standards.
While the overall financial health appears good, the program expense ratio stands at 67.20%, which, while reasonable, could suggest room for improvement in maximizing program expenditures relative to overall expenses. Nonetheless, the strong accountability measures and governance practices position Openstage Theatre & Co Inc as a reliable and responsible nonprofit entity.
This AI summary has been generated from information found on Charity Navigator.
Is Openstage Theatre & Co Inc legitimate?
Openstage Theatre & Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Openstage Theatre & Co 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: $103,100
For more financial information, click here
Official website here: www.openstagetheatre.org
What is the mission statement of Openstage Theatre & Co Inc?
Openstage Theatre & Co Inc's mission is focused on delivering exceptional theater that resonates both emotionally and intellectually. They strive to achieve this by preparing and performing high-quality theatrical productions, utilizing local talent. Their goal is to captivate audiences, offering them an engaging and thought-provoking theatrical experience. The company's mission is to serve as a trusted platform for local artists, providing them with an opportunity to showcase their talents and share their stories with a wider audience.
Official website here: www.openstagetheatre.org
Who is the CEO of Openstage Theatre & Co Inc?
Bas Meindertsma is the President of Openstage Theatre & Co Inc.
Official website here: www.openstagetheatre.org
What is the revenue of Openstage Theatre & Co Inc?
Openstage Theatre & Co Inc's revenue in 2022 was $468,268.
Official website here: www.openstagetheatre.org
Who are the executives of Openstage Theatre & Co Inc and what are their salaries?
The average compensation at Openstage Theatre & Co Inc during 2022 was $34,367. There are 3 employees and 75 volunteers at Openstage Theatre & Co Inc.
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Official website here: www.openstagetheatre.org
Where can I find the form 990 for Openstage Theatre & Co Inc?
Openstage Theatre & Co Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.openstagetheatre.org
Learn more at the official website: www.openstagetheatre.org
Mission Statement of Openstage Theatre & Co Inc
Openstage Theatre & Co Inc is committed to delivering high-quality theatre that resonates with both the heart and the mind. This mission is encapsulated in the organization's mission statement, which emphasizes the provision of exceptional theatre productions that captivate audiences. The company, Openstage Theatre & Co Inc, achieves this goal by preparing and performing thought-provoking theatrical productions, showcasing local talent to the fullest extent.
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Impact
July, 2024
Openstage Theatre & Co Inc provides quality theatre productions that captivate the heart and the mind in Fort Collins, CO. Through their dedication to utilizing local talent, they actively contribute to the cultural vibrancy of their community. Their mission to provide exceptional theatre experiences not only entertains audiences but also inspires and educates through the power of storytelling. By engaging with the arts, Openstage Theatre & Co Inc enhances the quality of life for residents and promotes the importance of creativity and expression. Overall, their impact lies in enriching the cultural landscape of Fort Collins and fostering a love for the arts among its residents.
This information is meant to be a general summary of Openstage Theatre & Co 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: $49
- Program Service Revenue: $158,708
- Gross Receipts: $468,268
Assets and Liabilities:
- Total Assets: $224,566
- Total Liabilities: $33,130
- Net Assets: $191,436
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SINGLE TICKET SALES
Revenue
$100,185
SEASON TICKET SALES
Revenue
$27,315
TRADE SPONSORSHIPS
Revenue
$24,833
BUSINESS SPONSORSHIPS
Revenue
$6,375
Organization Details
Principal Officer
Bas Meindertsma
Main Address
PO BOX 617, FORT COLLINS, CO, 80522
Website
www.openstagetheatre.orgNTEE Category
Code: A650 - Arts
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