Colt Coeur Theater Company Inc

What it reported doing in 2024

Production: minor.ity by francisca da silveira, directed by shariffa ali, in co-production with wp theater, ran from march 29-may 4, 2025 for 36 performances, reaching 2,259 audience members. The cast featured ato essandoh, nedra marie taylor and nimene sierra wureh, along with a 100% female design team. We also held readings of two commissions: before times by sarah sander (4/3) and reformer by rachel herron (5/28), as well as a 10th anniversary benefit reading of dry land by ruby rae spiegel (4/21), with proceeds going to ny abortion access fund, as reproductive rights is a major theme of that play. Education & mentorship: our annual education initiative was held from april 14-18, 2025, and led for the second time by maya smoot, now director of outreach and education, along with 5 teaching artists. Students ages 10-15 traveled from all over from queens and upper manhattan for this program. We had 20 participants. Our mentorship program took place in july-september 2024. Three students of the global majority who demonstrated great promise and interest in theatre were selected as mentees. Resident artists: in august 2024, we selected our 9th annual cohort for our resident artist program from an overwhelming 186 applicants! Our 2024-25 class of residents were: micaela bottari, kathleen capdesuer, justine gelfman, renae jarrett, ying ying li, alex lin, molly marinik, graham techler, & seayoung yim. Residents had the opportunity to gather at four intensive sessions throughout the season, leading and participating in a variety of workshops, including one about childrens books; one on identifying and articulating ones core values; and a scenic design workshop. Finally, colt coeur served as a fiscal sponsor for flying avocado llc for a commercial production of still by lia romeo, which colt coeur had originally produced in 2024.

Financial Efficiency

• Mission deployment rate: 71.7%; rating input score 72
• Program expense ratio: 75.9%; rating input score 76
• Fundraising efficiency: $6.3 raised per $1 spent on fundraising; rating input score 23; 23rd percentile among comparable filings

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: 99.9%; rating input score 100; 51st percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 6 of 8 controls in place; rating input score 75
  • 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: Fail
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 5.5%; rating input score 51; 51st percentile among comparable filings
• Total-asset coverage ratio: 0.82; rating input score 37; 37th percentile among comparable filings
• Liabilities to assets ratio: 0.04; rating input score 54; 54th percentile among comparable filings
• Officer compensation ratio: 24.9%; rating input score 10; 10th percentile among comparable filings

Growth

• Program expense growth: 19.5% per year; rating input score 100; 82nd percentile among comparable filings
• Revenue growth: 18.8% per year; rating input score 100; 84th percentile among comparable filings
• Asset growth: 23.6% per year; rating input score 100; 86th percentile among comparable filings