Community Theatre of Greensboro Inc

Nonprofit profile at a glance

EIN
566085349
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Greensboro, NC, USA
Phone
3363337470
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Theater

Official website

Reported finances

Revenue
$700,395
Expenses
$852,946
Assets
$1,240,729
Liabilities
$552,957

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

Leadership & pay

10 people listed

Executive titles in this filing

  • BRITT COX (PRESIDENT)
  • SHAY DALTON (VICE PRESIDENT)
  • ROZ FULTON (EXECUTIVE DIRECTOR)

Highest reported compensation

  • ROZ FULTON (EXECUTIVE DIRECTOR): $90,915 total reported compensation
  • STEPHANIE EVANS (DIRECTOR OF OPERATIONS): $63,332 total reported compensation

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

Overview

Mission

The community theatre of greensboro's mission is bringing our diverse community together to learn about, experience, and celebrate the joys of theatre. The organization's goal is to help everyone in our community share in the excitement of participating in theatre as actors, backstage crew, or audience members. The organization cherishes diversity, and non-traditional casting is a priority. Every year, ctg provides a wide assortment of theatrical entertainment.

What it reported doing in 2024

Offering youth programs, including theatre classes and summer campsdeveloping young performers and giving them opportunities to build their skills is another key tenet of our mission. From ctg's perspective, it is imperative to give young people an outlet for "learning about...the joys of theatre." young people who take part in the arts do better in school and grow into stronger citizens, according to a recent study by the national endowment for the arts. And when a young person becomes involved with ctg, his or her entire family becomes part of the wider ctg family and becomes interested in theatre and in the arts. That's why ctg has consciously expanded our youth programs over the past few years. In addition to "general interest" classes and camps, we now offer very high-level acting and musical theatre classes and performance opportunities for experienced young performers from elementary school through high school. Many of the young people who were introduced to performing through ctg are now studying acting in college and performing in a wide variety of productions locally and across the country. 319 individuals participated in summer camps during the fiscal year

Operating model

Revenue model
Earned-program. 74% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - 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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 92
  • Accountability: 82
  • Sustainability: 25
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.9%; rating input score 84
  • Program expense ratio: 68.9%; rating input score 69
  • Fundraising efficiency: $3.17 raised per $1 spent on fundraising; rating input score 9; 9th 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: Limited
  • 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: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -21.8%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 1.45; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0.45; rating input score 18; 18th percentile among comparable filings
  • Officer compensation ratio: 18.1%; rating input score 17; 17th percentile among comparable filings

Growth

  • Program expense growth: 0.4% per year; rating input score 100; 19th percentile among comparable filings
  • Revenue growth: -1.3% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: 1.8% per year; rating input score 100; 24th percentile among comparable filings

Details

  • Where the money goes: 83.9% of revenue deployed · 68.9% of spending went to programs
  • Governance: 8 of 8 board members independent · 5 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $588K in reported program spending
  • Leadership: top reported pay $91K · 10 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • 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.

Key Signals

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

  • High — Financial Efficiency: Fundraising efficiency scored 9/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • High — Sustainability: Operating margin scored 9/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • High — Sustainability: Officer compensation ratio scored 17/100.
  • High — Sustainability: Liabilities to assets ratio scored 18/100.