Mermaid Theatre Company
Overview
Mission
The Mermaid Theatre Company presents professional theatre of the highest quality with an emphasis on the plays of William Shakespeare, bringing to the world public performances that are fresh, bold, imaginative, thought-provoking, and eminently accessible, connecting the truths of the past with the challenges and possibilities of today.
What it reported doing in 2010
Professional Theatre Productions of William Shakespeare's King Lear and As You Like It in Houston, Texas and on tour in Prague, Czech Republic. Performances of Tina Packer's Women of Will and Educational workshops on Acting Shakespeare and Theatre in Houston Texas.
Operating model
- Revenue model
- Donor-supported. 91% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 133854876
- IRS 990-EZ coverage
- 2010–2010
- Forms available
- Form 990-EZ 2010, Form 990-N 2009
- Headquarters
- Shoreacres, TX, USA
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Limited
- Sector
- Theater
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Available reserves provide a limited financial cushion and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 100
- Accountability: NotEnoughData
- Sustainability: 32
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.9%; rating input score 88
- Program expense ratio: 87.9%; rating input score 88
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 50th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 0%; rating input score 47; 47th percentile among comparable filings
- Operating reserve ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 50; 50th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 87.9% of revenue deployed · 87.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $78K in reported program spending
- Leadership: top reported pay $14K · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.