Charleston Playhouse

Nonprofit profile at a glance

EIN
862203001
IRS 990-EZ coverage
2021–2023
Forms available
Form 990-EZ 2023, Form 990-N 2020
Location
Charleston, SC, USA
Phone
8435648572
Rating
52
Verdict
MIXED
Rating confidence
Moderate
Sector
Theater

Official website

Reported finances

Revenue
$25,786
Expenses
$33,615
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • THOMAS KEATING (PRESIDENT)
  • CHRISTOPHER RUSZKOWSKI (VICE PRESIDENT & TREASURER)

People named in this filing

  • THOMAS KEATING (PRESIDENT)
  • CHRISTOPHER RUSZKOWSKI (VICE PRESIDENT & TREASURER)
  • SAMANTHA TONEY (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Charleston playhouse supports the principles of diversity, equity, inclusion, and accessibility in its programming choices, color-conscious casting decisions, and employment practices. Our artistic aim is to provide quality theatre experiences that tell stories with fidelity, and transparency. Certain stories require the ability to call upon the life experiences of performers who can faithfully portray a character's individual ability, ethnic background, or cultural expression; when these instances arise, we will act with respect and consideration for all involved stakeholders. We choose programming reflective of our desire to share works with the public that represent the curiosities, interests, and narratives of our surrounding community. Our production casting is culturally diverse by design, bringing together a blend of collaborative humanity that benefits the company, audience, and the charleston arts community. Finally, it values artistic leadership that is equitable for all.

What it reported doing in 2023

Charleston playhouse is charleston's first professional equity theatre company, bringing its audiences the highest standard of theatre productions. As a nonprofit organization, our mission is to make a meaningful impacton the community by entertaining through purposeful storytelling, while supporting the charleston economy andoffering educational opportunities for the next generation of theatre professionals. Our intention is to advocate for the arts and the artists in our community.

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 23
  • Transparency & Controls: 100
  • Sustainability: 10
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 24.9%; rating input score 25
  • Program expense ratio: 19%; rating input score 19

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -30.4%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 22.3%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: -15% per year; rating input score 0; 22nd percentile among comparable filings
  • Revenue growth: -38% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: -81.4% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 24.9% of revenue deployed · 19% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $6K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2021 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 25/100.
  • High — Financial Efficiency: Program expense ratio scored 19/100.
  • High — Sustainability: Operating margin scored 19/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.