Overview
What is Seattle Repertory Theatre?
Seattle Repertory Theatre is a renowned nonprofit organization based in Seattle, Washington. With a vision to put theater at the heart of public life, they collaborate with exceptional artists to produce and stage shows that reflect and elevate the diverse cultures, perspectives, and life experiences of their community. The theater organization has a rich offering, producing eight main productions, five development works, and hosting two other events per year. They extend their reach beyond the stage, providing theater arts education and enrichment programs for children and teachers, serving a total of 4,617 students. The Seattle Repertory Theatre employs a team of 620 individuals, dedicated to their mission of not-for-profit live theater and related educational programs.
Official website here: www.seattlerep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%
Seattle Repertory Theatre has received a Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization boasts a high score of 95%, indicating effective management and transparency. The independent board is fully composed of members without conflicts of interest, and the oversight practices, including a well-structured audit and finance committee, contribute to their exceptional rating.
Strengths of the organization include a solid financial foundation with a program expense ratio of 74.20%, ensuring that a significant portion of funds raised is directed towards their mission. Additionally, their fundraising efficiency is notable, with only $0.10 spent on fundraising for every dollar raised. The commitment to governance is evident through well-documented policies and compliance with best practices across various operational aspects.
While the overall financial health is strong, the working capital ratio of 0.66 years may suggest some limitations in liquidity. However, the absence of any material diversion of assets and the proactive financial management strategies indicate that Seattle Repertory Theatre is effectively navigating its operations. Overall, the organization demonstrates a commendable commitment to transparency and efficiency in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Seattle Repertory Theatre legitimate?
Seattle Repertory Theatre is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seattle Repertory Theatre 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: $587,221
Professional Fundraising Fees: $79,480
Other Salaries and Wages: $7,329,130
For more financial information, click here
Official website here: www.seattlerep.org
What is the mission statement of Seattle Repertory Theatre?
Seattle Repertory Theatre collaborates with exceptional artists to produce and present theater pieces that mirror and elevate the diverse cultures, perspectives, and life experiences of the community. Their vision is to make theater an integral part of public life. In addition to their productions, they offer educational theater arts programs for children and teachers. The theater company creates eight productions, five development works, and hosts two other events each year. Their education programs serve over 4600 students.
Official website here: www.seattlerep.org
Who is the CEO of Seattle Repertory Theatre?
Jeffrey Herrmann is the Managing Director of Seattle Repertory Theatre.
Official website here: www.seattlerep.org
What is the revenue of Seattle Repertory Theatre?
Seattle Repertory Theatre's revenue in 2022 was $18,283,930.
Official website here: www.seattlerep.org
Who are the executives of Seattle Repertory Theatre and what are their salaries?
The average compensation at Seattle Repertory Theatre during 2022 was $12,768. There are 620 employees and 216 volunteers at Seattle Repertory Theatre.
Here are 58 key members and their salaries:
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Official website here: www.seattlerep.org
Where can I find the form 990 for Seattle Repertory Theatre?
Seattle Repertory Theatre's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.seattlerep.org
Learn more at the official website: www.seattlerep.org
Mission Statement of Seattle Repertory Theatre
Seattle Repertory Theatre, a renowned not-for-profit organization, collaborates with exceptional artists to produce captivating performances and programs that reflect and elevate the rich cultural diversity, perspectives, and life experiences of their community. With a profound commitment to engaging the public, the Theatre places theater at the core of everyday life. In addition to their artistic ventures, they offer theater arts education and enrichment programs for children and teachers.
The Seattle Repertory Theatre brings to life a diverse range of productions, engaging artists who infuse their creations with depth and meaning. Their offerings reflect the varied experiences and viewpoints of their community, touching the hearts and minds of their audience. Through their collaborative approach, they strive to make theater an integral part of public life, inviting all to participate in the transformative power of the performing arts.
Seattle Repertory Theatre's educational programs cater to the needs of students, providing them with opportunities to explore the world of theater through various workshops and initiatives. With eight distinct educational programs, they serve over 4,600 students, fostering creativity, critical thinking, and a deeper appreciation for the arts. By offering these enriching experiences, Seattle Repertory Theatre continues to inspire and empower the next generation of artists and audiences.
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Impact
October, 2024
Seattle Repertory Theatre plays a vital role in enriching the cultural landscape of the region. By collaborating with extraordinary artists, it creates productions that not only entertain but also reflect and elevate the diverse cultures and perspectives within the community. This commitment to artistic excellence ensures that local stories and experiences are showcased, making theater accessible and relevant to both residents and visitors.
The theatre's mission extends beyond performances; it also emphasizes the importance of education in the arts. Through various education programs, it serves over 4,600 students and teachers annually, fostering creativity and critical thinking skills among young people. This engagement in the arts nurtures the next generation of artists and audiences, creating a lasting impact on the community.
With a robust lineup of eight mainstage productions, five developmental works, and additional events every season, Seattle Repertory Theatre maintains a dynamic presence, continually contributing to the vitality of public life in Seattle. By putting theater at the heart of community engagement, it inspires dialogue, reflection, and a greater appreciation for the transformative power of the arts.
This information is meant to be a general summary of Seattle Repertory Theatre. 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: $1,123
- Program Service Revenue: $3,749,489
- Gross Receipts: $18,702,676
Assets and Liabilities:
- Total Assets: $12,039,533
- Total Liabilities: $4,106,692
- Net Assets: $7,932,841
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THEATRE REVENUE
Revenue
$3,749,489
Organization Details
Founding Year
1963
Phone
(206) 443-2210Principal Officer
Jeffrey Herrmann
Main Address
PO BOX 900923, SEATTLE, WA, 981099723
Website
www.seattlerep.orgNTEE Category
Code: A650 - Arts
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