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Cornerstone Theater Company

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 954493498 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Cornerstone Theater Company?

Cornerstone Theater Company is a nonprofit organization situated in Los Angeles, California. By commissioning and producing new plays, both original works and contemporary adaptations of classics, they foster collaboration between professional and community artists. This unique approach enables them to bridge diverse communities. The company's team of professional theater makers and Cornerstone Ensemble members engage local community members in various stages of play development, from script development to performance and backstage support. Their mission is to reflect complexity, challenge assumptions, welcome diversity, and amplify joy. They firmly believe that artistic expression is a form of civic engagement, and access to a creative forum is essential for individual and community wellness. Cornerstone Theater Company, with a workforce of 30, embodies this conviction.


Official website here: www.cornerstonetheater.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%

Cornerstone Theater Company has achieved an impressive 94% rating from Charity Navigator, indicating strong accountability and financial health. All board members are independent, which contributes to the organization's transparency and governance. The positive financial ratios and absence of material asset diversion further underscore its reliability as a nonprofit.

User reviews consistently highlight the organization's commitment to community engagement and the empowerment of individuals through artistic expression. Many respondents express deep gratitude for the transformative power of Cornerstone's projects, emphasizing its role in amplifying overlooked stories and fostering connections amidst conflicts. The theater's dedication to including community members in the creative process is often noted as a significant strength.

However, some feedback points to challenges in management and staff dynamics, particularly following leadership transitions. A few users expressed concern over a perceived decline in organizational culture and staff morale under new management. Despite these criticisms, many reviewers still laud the impact of Cornerstone's work and express hope for its continued success in uplifting communities through theater.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

What do the Facebook reviews say about Cornerstone Theater Company?

96% of 50 reviewers on Facebook recommend Cornerstone Theater Company. Here is a summary of their reviews:

Many participants praised the organization for its engaging topics and impressive performances. The talent of the actors received noteworthy commendations, indicating a strong appreciation for the quality of productions presented. Several users expressed their excitement and congratulated the performers, celebrating their efforts and dedication.

Overall, it is clear that the theater company resonates well with its audience, leaving a positive impression through its commitment to delivering meaningful and entertaining experiences.


This AI summary has been generated from reviews found on Facebook.

Is Cornerstone Theater Company legitimate?

Cornerstone Theater Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Theater Company 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: $232,113
Professional Fundraising Fees: $21,000
Other Salaries and Wages: $260,464

For more financial information, click here


Official website here: www.cornerstonetheater.org

What is the mission statement of Cornerstone Theater Company?

Cornerstone Theater Company collaborates with various communities, utilizing artistic expression as a form of civic engagement. Their work aims to reflect complexity, challenge assumptions, embrace diversity, and amplify joy. By bringing together individuals with varying levels of theatrical experience, the company believes in the importance of providing a creative platform, which they consider essential for the wellbeing and health of every individual and community.


Official website here: www.cornerstonetheater.org

Who is the CEO of Cornerstone Theater Company?

Megan Wanlass is the Director of Cornerstone Theater Company.


Official website here: www.cornerstonetheater.org

What is the revenue of Cornerstone Theater Company?

Cornerstone Theater Company's revenue in 2022 was $921,906.


Official website here: www.cornerstonetheater.org

Who are the executives of Cornerstone Theater Company and what are their salaries?

The average compensation at Cornerstone Theater Company during 2022 was $16,419. There are 30 employees and 25 volunteers at Cornerstone Theater Company.


Here are 10 key members and their salaries:


April Ibarra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clementine Bordeaux (Secretary)
  • Compensation: $4,813
  • Related: $0
  • Other: $0
Mark Valdez (Chair/ Artist)
  • Compensation: $5,000
  • Related: $0
  • Other: $0
Leanna Hallman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Kennedy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Lang (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Genevieve Riutort (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tena Yatroussis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael John Garces (Artistic Director)
  • Compensation: $90,200
  • Related: $0
  • Other: $12,665
Megan Wanlass (Managing Director)
  • Compensation: $87,864
  • Related: $0
  • Other: $14,066


Official website here: www.cornerstonetheater.org

Where can I find the form 990 for Cornerstone Theater Company?

Cornerstone Theater Company's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cornerstonetheater.org

Learn more at the official website: www.cornerstonetheater.org

Mission Statement of Cornerstone Theater Company

Cornerstone Theater Company is dedicated to collaborating with various communities. Their work is characterized by complexity, challenge assumptions, celebrate diversity, and amplify joy. By bringing together individuals with varying levels of theatrical experience, they embody the belief that artistic expression is a form of civic engagement. Furthermore, they are convinced that providing access to a creative platform is essential for the well-being and health of every individual and community. In essence, Cornerstone Theater Company strives to engage communities through art, disrupt preconceived notions, and promote inclusivity, all while fostering joy and creativity.

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Impact




July, 2024

Cornerstone Theater Company's impact lies in its unique approach to collaborating with communities to create transformative theatrical experiences. By combining the artistry of people with varying levels of theatrical experience, Cornerstone disrupts assumptions, welcomes diversity, and amplifies joy through its productions. This innovative model not only builds bridges between different communities but also empowers individuals to actively participate in all aspects of the play development process. Through their work, Cornerstone Theater Company demonstrates that artistic expression is a form of civic engagement essential for the well-being and health of both individuals and communities.




This information is meant to be a general summary of Cornerstone Theater Company. 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.

Revenue
$921,906 (2022)
Expenses
$831,447 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $76,757
  • Program Service Revenue: $77,995
  • Gross Receipts: $1,096,418

Assets and Liabilities:

  • Total Assets: $2,061,496
  • Total Liabilities: $124,778
  • Net Assets: $1,936,718

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADMISSIONS/PERFORMANCE

Revenue

$66,342

TUITION/TEACHING FEES

Revenue

$7,729

THEATER EQUIPMENT RENT

Revenue

$3,924

Organization Details

Founding Year

1994

Principal Officer

Megan Wanlass

Main Address

PO BOX 412587, LOS ANGELES, CA, 90041

NTEE Category

Code: A650 - Arts

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