Overview
What is Portola Valley Theatre Conservatory Inc?
Portola Valley Theatre Conservatory Inc is a nonprofit organization situated in Portola Valley, California. Their primary focus is conducting theatre classes for children residing in the local community. Approximately 500 students derive benefit from their programs and participate in performances, which are open to the public. Beyond that, the conservatory engages in intergenerational community theatre productions, reaching an audience of 1,000 individuals per production. With a dedicated team of 24 employees, Portola Valley Theatre Conservatory Inc plays a significant role in nurturing young talent and providing entertainment for the community.
Official website here: www.pvtc-ca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Star Rating)
Portola Valley Theatre Conservatory Inc has received a rating of 69%, which classifies it as a Two-Star organization. This rating reflects the organization’s overall performance in accountability and finance. While it boasts a strong accountability score, particularly with an independent board composed entirely of independent members and no material diversion of assets, there are areas that require improvement, such as missing policies for conflict of interest and whistleblowers.
The Conservatory demonstrates a commendable program expense ratio of 70%, indicating that a significant portion of its resources is directed toward its mission-related activities. However, the lack of critical governance policies, including those for document retention and a published tax form on its website, raises concerns about transparency and adherence to best practices in nonprofit management.
In summary, while Portola Valley Theatre Conservatory Inc shows strengths in certain governance areas and dedicates a large part of its budget to programs, it has notable limitations that could impact stakeholder trust and operational integrity. Addressing these gaps may enhance its rating and overall effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Portola Valley Theatre Conservatory Inc legitimate?
Portola Valley Theatre Conservatory Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Portola Valley Theatre Conservatory 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: $55,000
Professional Fundraising Fees: $9,212
Other Salaries and Wages: $116,137
For more financial information, click here
Official website here: www.pvtc-ca.org
What is the mission statement of Portola Valley Theatre Conservatory Inc?
The Portola Valley Theatre Conservatory Inc's primary mission is to conduct theater classes for children within its local community. Approximately 500 students benefit from these programs and participate in public performances. Additionally, the conservatory produces intergenerational community theater productions, reaching an audience of around 1000 individuals per production. These performances are open to the public, fostering a sense of community engagement and entertainment.
Official website here: www.pvtc-ca.org
Who is the CEO of Portola Valley Theatre Conservatory Inc?
Allyson Spence is the Chair of Portola Valley Theatre Conservatory Inc.
Official website here: www.pvtc-ca.org
What is the revenue of Portola Valley Theatre Conservatory Inc?
Portola Valley Theatre Conservatory Inc's revenue in 2022 was $564,818.
Official website here: www.pvtc-ca.org
Who are the executives of Portola Valley Theatre Conservatory Inc and what are their salaries?
The average compensation at Portola Valley Theatre Conservatory Inc during 2022 was $7,131. There are 24 employees at Portola Valley Theatre Conservatory Inc.
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Official website here: www.pvtc-ca.org
Where can I find the form 990 for Portola Valley Theatre Conservatory Inc?
Portola Valley Theatre Conservatory Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pvtc-ca.org
Learn more at the official website: www.pvtc-ca.org
Mission Statement of Portola Valley Theatre Conservatory Inc
Portola Valley Theatre Conservatory Inc, a nonprofit organization, is dedicated to conducting theatre classes for children residing in its immediate community. Approximately 500 students partake in these classes and subsequently participate in performances open to the public. Beyond just conducting classes, the conservatory also puts on intergenerational community theatre productions. These productions reach an audience of 1000 individuals per production, fostering a sense of community engagement and shared artistic experiences. The mission of Portola Valley Theatre Conservatory Inc is to provide a platform for the creative growth and development of children through theatre, while also offering engaging and entertaining performances to the wider community.
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Impact
July, 2024
Portola Valley Theatre Conservatory Inc conducts theatre classes for children in its immediate community, benefiting approximately 500 students who also participate in performances open to the public. The organization's intergenerational community theatre productions reach around 1000 audience members per production, fostering a love for the arts and providing a platform for creative expression. This impact is significant in enriching the local community and nurturing young talent in the field of performing arts.
This information is meant to be a general summary of Portola Valley Theatre Conservatory 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: $293,898
- Gross Receipts: $564,818
Assets and Liabilities:
- Total Assets: $111,760
- Total Liabilities: $12,942
- Net Assets: $98,818
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$254,335
TICKET SALES
Revenue
$17,851
SUBSIDIARY REVENUE
Revenue
$1,687
SCHOOL CONTRACTS
Revenue
$20,025
Organization Details
Founding Year
1995
Phone
(650) 530-2428Principal Officer
Allyson Spence
Main Address
945 PORTOLA RD, PORTOLA VALLEY, CA, 94028
Website
www.pvtc-ca.orgNTEE Category
Code: A6E0 - Arts
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