Dorset Theatre Festival Inc

What it reported doing in 2024

From june to september, the festival mounts four main stage productions drawing from some of the country's most talented playwrights, actors and directors.***under the recent leadership of executive artistic director will rucker, the festival is changing the landscape of regional theatre. Bold and innovative, dorset theatre festival is garnering accolades for its commitment to new play development and is proud to encourage a new generation of playwrights to test their voices here. We discover new talent. We launch plays that go on to national acclaim and the lights of broadway, as well as mount regional premieres of tony award-winning plays to bring the best of off-broadway to Vermont.***since 2010, our giving back program has helped expand the reach of our productions and educational initiatives by providing free and reduced-cost tickets to those who serve our community everyday and their families. These efforts reach a new generation of theatre audiences by providing pathways for all members of our community to see world-class theatre. Ems workers, firefighters, police, veterans and active-duty military, farmers, special needs community members, student graduates of the refuse to use program, habitat for humanity families and volunteers and neighbor to neighbor volunteers.***in addition, since 2021 the festival has offered buy-one-get one tickets to educators, an affordable ticket lottery for all performances, and complimentary sponsorships to minority-led businesses and groups through the community inclusion partnership program.***dorset theatre festival's new play development programs works with playwrights from conception to production, providing an incubator to help nurture new voices to speak from their own experience, engaging ideas that come from and return to our community.***the pipeline series features new works and projects in process through a variety of presentation and workshop styles. One-night-only presentations, writer residencies, and extended workshops benefit. Today's top theatrical talents, as they travel to dorset to work on brand new plays or to try out brand new collaborations. Many of the plays in the series will be featured in future dorset theatre main stage seasons. Connecting artists to the festival through this development opportunity means our audience can say they were here when hits were born.***

Financial Efficiency

• Mission deployment rate: 77.9%; rating input score 78
• Program expense ratio: 84.3%; rating input score 84
• Fundraising efficiency: $6.13 raised per $1 spent on fundraising; rating input score 23; 23rd percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.1%; rating input score 94; 25th 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: 7 of 7 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: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 10.1%; rating input score 61; 61st percentile among comparable filings
• Total-asset coverage ratio: 1.58; rating input score 57; 57th percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 62; 62nd percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

• Program expense growth: 5.6% per year; rating input score 100; 45th percentile among comparable filings
• Revenue growth: 7.5% per year; rating input score 100; 57th percentile among comparable filings
• Asset growth: 5.6% per year; rating input score 100; 41st percentile among comparable filings