Company One Theatre

What it reported doing in 2024

Connectivity & engagement programs: making deep connections and expanding our network and impact by building long-term relationships with invested community partners. Social action - with organizational partners to provide tangible opportunities to affect change in our communities. Examples of this have been registering our community members to vote at our events, providing opportunities for our audiences to learn about social justice issues and sign petitions of support, and facilitated group conversations on issues of race and class. Better future - community activation series designed in the wake of covid that brings together and activates boston's artists, community leaders, policymakers and residents in order to understand the needs of our neighborhoods and reimagine a better future for our city. The series showcases local artists creating socially relevant work and connects residents with local resources and opportunities to support policy advocacy related to food justice, reproductive justice, climate justice, education justice, and more; as well as creative placemaking and community building for our lgbtq+ and bipoc communities. Pre- and post-show events - dialogues and workshops led with partner organizations for our audiences that engage participants in conversations exploring key social issues addressed in the work being presented on stage. Lobby interaction - interactive stations offer contextual information on the play, its themes, and its social questions, curated in a variety of styles to reach audiences in diverse ways, including: visual galleries, interactive video, participant response installations, and community partner resources. Audiences are invited to take action beyond the performance, to engage, and be educated in the ideas fueling our work.

Financial Efficiency

• Mission deployment rate: 95.6%; rating input score 96
• Program expense ratio: 77.2%; rating input score 77
• Fundraising efficiency: $5.61 raised per $1 spent on fundraising; rating input score 21; 21st 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: 100%; rating input score 100; 76th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 86.7%; rating input score 87; 21st percentile among comparable filings
• Governance controls: 6 of 8 controls in place; rating input score 75
  • Conflict-of-interest policy: Fail
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -23.8%; rating input score 8; 8th percentile among comparable filings
• Total-asset coverage ratio: 0.56; rating input score 26; 26th percentile among comparable filings
• Liabilities to assets ratio: 0.22; rating input score 30; 30th percentile among comparable filings
• Officer compensation ratio: 7.2%; rating input score 46; 46th percentile among comparable filings

Growth

• Program expense growth: 18.3% per year; rating input score 100; 80th percentile among comparable filings
• Revenue growth: 12.9% per year; rating input score 100; 74th percentile among comparable filings
• Asset growth: 21% per year; rating input score 100; 83rd percentile among comparable filings