The Broadway Theatre League of South Bend Inc
Overview
Mission
To cultivate in the community an interest in good theatre; to bring Broadway shows to the community; and to foster and encourage public awareness of theatre and the teaching of drama.
What it reported doing in 2019
The Organization presented 5 Broadway shows during the year before the pandemic hit, in partnership with another nonprofit organization.
Operating model
- Revenue model
- Earned-program. 86% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 98% of its reported program spending out as grants.
Nonprofit profile at a glance
- EIN
- 351044562
- IRS 990 coverage
- 2016–2019
- Forms available
- Form 990 2019, Form 990-EZ 2015
- Headquarters
- Plymouth, IN, USA
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Protection Against Abuse
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports that some governance safeguards are missing and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 100
- Accountability: 84
- Sustainability: 5
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 88.1%; rating input score 88
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.6%; rating input score 100; 57th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: -415.1%; rating input score 0; 0th percentile among comparable filings
- Operating reserve ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 10.4%; rating input score 32; 32nd percentile among comparable filings
Growth
- Program expense growth: 90.8% per year; rating input score 100; 99th percentile among comparable filings
- Revenue growth: 6.6% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 13.1% per year; rating input score 100; 76th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 88.1% of spending went to programs
- Governance: 12 of 12 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $704K in reported program spending
- Leadership: top reported pay $83K · 13 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 5 filed schedules · includes grants
- Filing history: 4 annual filings from 2016 to 2019
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 4 filed related-organization links
- 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.