Ogunquit Playhouse Foundation

What it reported doing in 2024

The ogunquit playhouse arts academy held all programs on the playhouse grounds and included tuition based courses for ages 5-18 and public tickets sales for our children's theatre shows held on the main stage. All classes, workshops and seminars were staffed by professional teaching artists both locally and from the broadway community. Our education director oversaw all programming. Summer 2024 had 10 weeks of programming with distinct and unique one, two-, and three-week programs. Our popular musical theatre performance camps included students aged 7-18 and included the musicals "seussical tya", and "disney's camp rock". These two shows were performed on our main stage in the playhouse. These performances were advertised and sold to the public through our box office. Over 3,040 people attended these performances. A total of 6 performances were presented (three of each title), on saturday, sunday, and tuesday mornings. Students aged 5-7 performed with our rising stars program which included the musicals "a barnyard moosical", and "how does your garden groove". Our 8-11 year olds performed with our center stage program, which presented the musical "disney's the movies, the music". And "broadway beat." our rising stars and center stage programs are held in our colony rehearsal space. Tickets are not sold to the public. Parents, friends, and family attend the final presentation for free. For summer 2024, a new technical theatre program was introduced. Students participated as crew for our main stage children's theatre productions and attended educational seminars and workshops with our professional technical staff. During 4 weeks in early fall, we ran one of our popular programs that was developed in conjunction with our main stage. This year for our production of "frozen." this was an audition workshop to prepare students to audition for the roles of young anna and young elsa and the youth ensemble. The eight children cast all have attended our audition workshops. Two students were also cast as fredericka, a principal character and the underestduy in our main stage professional production of "a little night musc." they traveled to New York city for rehearsals with the cast, which featured broadway performers. Three of our youngest students, aged 4-6, shared the role of lulu and were featured in our main stage production of waitress. The academy had over 160 students participate during the course of the summer and fall. Students participating traveled from our immediate region as well as students who traveled from New Hampshire, massachuchetss, Vermont, conneticut, California, Colorado, Arizona, Texas, and New York to participate. The academy students participated as soloists in an ogunquit community event sponsored by the ogunquit chamber of commerce, bon aire. Our education director presented workshops to schools in the area about working in the professional theatre, she also was an ajudicator for the namt high school musical challenge and the Maine thespian festival. Our education director traveled to attend various middle school and high school musicals in the surrounding region, speak with their theatre directors and meet potential new students. One of our donors sponsored and event during our production of little shop of horrors, students attended a matinee at no cost to them followed by a workshop that included a question-and-answer session after the performance.

Financial Efficiency

• Mission deployment rate: 78.9%; rating input score 79
• Program expense ratio: 83.5%; rating input score 83
• Fundraising efficiency: $7.32 raised per $1 spent on fundraising; rating input score 30; 30th percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.8%; rating input score 94; 17th percentile among comparable filings
• Pay-setting controls: 1 of 6 controls in place; rating input score 17
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 6.5%; rating input score 58; 58th percentile among comparable filings
• Total-asset coverage ratio: 0.91; rating input score 32; 32nd percentile among comparable filings
• Liabilities to assets ratio: 0.3; rating input score 46; 46th percentile among comparable filings
• Officer compensation ratio: 6.6%; rating input score 38; 38th percentile among comparable filings

Growth

• Program expense growth: 8.5% per year; rating input score 100; 63rd percentile among comparable filings
• Revenue growth: 7.5% per year; rating input score 100; 62nd percentile among comparable filings
• Asset growth: 9% per year; rating input score 100; 60th percentile among comparable filings