Harbor Playhouse Company Inc

What it reported doing in 2024

Our acclaimed young people's theatre camp (yptc) at harbor playhouse is both a creative and educational experience. Campers from five to fifteen enjoy a spirited atmosphere of learning about all areas of theatre arts as well as developing life skills that will benefit them in all aspects of their lives. Each theme week of camp offers specialist training in choreography, voice and acting as well as playwriting, set building, creating props and elements of technical theatre in sound, lighting and operating the fly system. In merely five days the campers write, learn songs and choreography, rehearse and then perform for a full house of families and friends each friday afternoon. Harbor playhouse's yptc has grown every year. In the summer of 2024, we welcomed over 488 campers with 30% of all campers attending on full scholarship generously donated through corporate and individual supporters. We receive many letters of gratitude from parents and grandparents as well as foster parents commenting on the positive influence the camp had on their youngsters. One such letter indicated that several of the children were extremely vulnerable and, through the power of the performing arts in the accepting and affirming atmosphere of the camp, they blossomed and began to excel academically in math, reading and sports as well as increasing their ability to concentrate and their willingness to engage with others. The letter went on to say, "what you do at the playhouse is take a child who has been damaged in life and no longer trusts the world and restored hope and the belief that they can achieve anything if they believe in themselves and believe that they are loved by their community."we are changing the world one child at a time and are proud to play an important part in the cultural and artistic story of our community.

Financial Efficiency

• Mission deployment rate: 87.6%; rating input score 88
• Program expense ratio: 83.6%; rating input score 84
• Fundraising efficiency: $3.11 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: 77.8%; rating input score 78; 17th 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: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -4.7%; rating input score 24; 24th percentile among comparable filings
• Total-asset coverage ratio: 1.12; rating input score 46; 46th percentile among comparable filings
• Liabilities to assets ratio: 0.18; rating input score 33; 33rd percentile among comparable filings
• Officer compensation ratio: 11.4%; rating input score 32; 32nd percentile among comparable filings

Growth

• Program expense growth: -2.1% per year; rating input score 0; 12th percentile among comparable filings
• Revenue growth: -3.3% per year; rating input score 0; 7th percentile among comparable filings
• Asset growth: 5.6% per year; rating input score 100; 41st percentile among comparable filings