Overview
What is A Contemporary Theatre Inc?
A Contemporary Theatre Inc, known as ACT, is a renowned nonprofit based in Seattle, Washington. With a headquarters at 700 Union Street, ACT is deeply committed to contemporary themes, showcasing new works and diverse stories through live performances. In 2022, they presented a three-play season, including the world premiere of "Hotter Than Egypt," a captivating tale by core company member Yussef El Guindi. ACT values and elevates the work of local artists, having served Seattle's arts community for over half a century. Their mission encompasses artistic ambition and civic engagement, with a vision to expand collective understanding of community and humanity through theatre. ACT is dedicated to connecting with new audiences, fostering insight into shared contemporary culture, and utilizing theatre as an act of citizenship to engage audiences in understanding current issues. As of now, the organization has 143 employees.
Official website here: www.acttheatre.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 98% (Four-Star out of Four Star rating)
A Contemporary Theatre Inc has received an impressive Four-Star rating from Charity Navigator, reflecting outstanding performance in accountability and finance, culture and community, and leadership and adaptability. The organization demonstrates strong financial practices, with a program expense ratio of 75.45%, ensuring that a significant portion of funds directly supports its programs. Additionally, the charity has a high level of accountability, with a fully independent board and a well-structured oversight committee.
The organization's commitment to transparency is evident through its robust policies, such as conflict of interest and whistleblower protections, all of which contribute to the strong accountability score of 83%. Notably, A Contemporary Theatre Inc excels in incorporating feedback from stakeholders, achieving perfect scores in both feedback collection and usage. This emphasizes its dedication to continuous improvement and community engagement.
However, while the organization displays strong financial health, it has a working capital ratio of 0.53 years, indicating potential challenges in meeting short-term financial obligations. Overall, A Contemporary Theatre Inc stands out for its effective governance and community involvement, making it a reliable choice for donors wishing to support a nonprofit dedicated to the arts.
This AI summary has been generated from information found on Charity Navigator.
Is A Contemporary Theatre Inc legitimate?
A Contemporary Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. A Contemporary 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: $358,116
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,108,693
For more financial information, click here
Official website here: www.acttheatre.org
What is the mission statement of A Contemporary Theatre Inc?
A Contemporary Theatre Inc, as a contemporary stage, unites artistic ambition and civic engagement. Their vision is to envision a world where theatre broadens our collective understanding of community and humanity. Since its establishment in 1965, the theatre has significantly contributed to the vibrancy of the local arts community in Seattle. It has consistently valued and elevated the work of local artists for over half a century and has transformed individual lives through storytelling. The theatre is committed to connecting authentically with new audiences, partners, and people, providing them with insight into our shared contemporary culture. Furthermore, A Contemporary Theatre Inc regards theatre as an act of citizenship, aiming to engage audiences in understanding the issues of our time.
Official website here: www.acttheatre.org
Who is the CEO of A Contemporary Theatre Inc?
Eric Bennett is the Chair of A Contemporary Theatre Inc.
Official website here: www.acttheatre.org
What is the revenue of A Contemporary Theatre Inc?
A Contemporary Theatre Inc's revenue in 2022 was $6,596,754.
Official website here: www.acttheatre.org
Who are the executives of A Contemporary Theatre Inc and what are their salaries?
The average compensation at A Contemporary Theatre Inc during 2022 was $17,250. There are 143 employees and 274 volunteers at A Contemporary Theatre Inc.
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Official website here: www.acttheatre.org
Where can I find the form 990 for A Contemporary Theatre Inc?
A Contemporary Theatre Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.acttheatre.org
Learn more at the official website: www.acttheatre.org
Mission Statement of A Contemporary Theatre Inc
A Contemporary Theatre Inc, often abbreviated as ACT, is dedicated to fostering a union of artistic ambition and civic engagement. Their mission envisions a world where the power of theatre broadens our collective comprehension of community and our shared humanity. Established in 1965, ACT has made and continues to make a substantial contribution to the vitality of its city's arts community. The theatre values and elevates the work of local artists, having done so for over half a century. Through the medium of storytelling, ACT has transformed numerous lives, serving as a platform for artistic expression and human connection. The organization is committed to engaging with new audiences, partners, and individuals, offering them a window into our contemporary culture. By making theatre an act of citizenship, ACT encourages audiences to engage with the issues of our time.
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Impact
July, 2024
A Contemporary Theatre Inc's impact lies in its dedication to presenting contemporary and diverse stories that resonate with audiences while also engaging with civic issues. Through its live performances and commitment to new works, ACT contributes to the vitality of Seattle's downtown neighborhood and arts community. By valuing and elevating the work of local artists for over 50 years, ACT has transformed individual lives through the power of storytelling. Its mission to connect authentically with new audiences and partners, offering insights into contemporary culture, positions ACT as a significant cultural landmark in Seattle._ACT's performances not only entertain but also serve as a platform for engaging audiences in understanding pressing societal issues, making theatre an act of citizenship that fosters collective understanding and empathy.
This information is meant to be a general summary of A Contemporary 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.
- Investment Income: $241
- Program Service Revenue: $1,378,533
- Gross Receipts: $6,659,493
Assets and Liabilities:
- Total Assets: $4,152,223
- Total Liabilities: $1,729,234
- Net Assets: $2,422,989
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SINGLE TICKETS
Revenue
$767,470
SUBSCRIPTIONS
Revenue
$355,778
OTHER REVENUE
Revenue
$141,545
SERVICE CHARGES
Revenue
$113,740
Organization Details
Founding Year
1965
Phone
(206) 292-7660Principal Officer
Eric Bennett
Main Address
700 UNION STREET, SEATTLE, WA, 98101
Website
www.acttheatre.orgNTEE Category
Code: A650 - Arts
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