Cincinnati Playhouse in the Park

Nonprofit profile at a glance

EIN
310624790
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Cincinnati, OH, USA
Phone
5134213888
Rating
85
Verdict
STRONG
Rating confidence
Standard
Sector
Theater

Official website

Reported finances

Revenue
$13,060,050
Expenses
$14,897,908
Assets
$70,599,896
Liabilities
$16,476,899

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

47 people listed

Executive titles in this filing

  • Jamie C Leonard (President)
  • Nirvani Head (Vice President)

Highest reported compensation

  • Blake Robinson (Artistic Director): $351,618 total reported compensation
  • Abby Marcus (Managing Director): $217,983 total reported compensation
  • Sneja Tomassian (Chief Philanthropy Office): $172,560 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We are Cincinnati's national theater - committed to bringing diverse, engaging works of great artistry to our community, and to putting Cincinnati's artistic excellence in the national spotlight.

What it reported doing in 2024

Live theatrical performances, educational programs and summer classes presented to 147,141 individuals (91,750 through mainstage performances, 26,286 school outreached, 17,081 workshops and residencies, 2,976 Off the Hill, 1,441 classes, 4,543 Summer Camp, 397 Playhouse Perspectives, 91 from Backstage Tours, 1,426 through the Arts and Culture Incubator and 1,150 from Donor Events.)

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 95
  • Accountability: 100
  • Sustainability: 40
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.7%; rating input score 83
  • Program expense ratio: 71.8%; rating input score 72
  • Fundraising efficiency: $7.46 raised per $1 spent on fundraising; rating input score 30; 30th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • 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: -14.1%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 4.74; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.23; rating input score 54; 54th percentile among comparable filings
  • Officer compensation ratio: 5.8%; rating input score 45; 45th percentile among comparable filings

Growth

  • Program expense growth: 1.2% per year; rating input score 100; 15th percentile among comparable filings
  • Revenue growth: 2.6% per year; rating input score 100; 23rd percentile among comparable filings
  • Asset growth: 11.9% per year; rating input score 100; 72nd percentile among comparable filings

Details

  • Where the money goes: 82.7% of revenue deployed · 71.8% of spending went to programs
  • Governance: 43 of 43 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $10.7M in reported program spending
  • Leadership: top reported pay $352K · 47 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $887K reported
  • Consistency: 39 of 39 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 30/100.
  • High — Sustainability: Operating margin scored 7/100.
  • Moderate — Sustainability: Officer compensation ratio scored 45/100.
  • Review — Sustainability: Liabilities to assets ratio scored 54/100.