Musical Theater Center
Nonprofit profile at a glance
- EIN
- 461868213
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024, Form 990-EZ 2022
- Location
- Mount Pleasant, SC, USA
- Phone
- 8433883272
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $301,158
- Expenses
- $356,766
- Assets
- $21,824
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- ALLYSON LEWIS (PRESIDENT)
People named in this filing
- ALLYSON LEWIS (PRESIDENT)
- JULIA BROWN (TREASURER)
- KRISTEN DRAKE (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The musical theater center's mission is to share the joy of children's theater with many diverse audiences. It strives to be a positive force in the community by providing exceptional musical theater stage productions made up entirely of trained child actors, singers, and dancers. Family friendly shows produced professionally will be accessible through both public performances and school district events. Mtc's performance cast, made up entirely of youth, will engage tomorrow's leaders and connect with families and children in a way that is powerful and effective. Mtc performs to inspire.
What it reported doing in 2024
The second largest program service at mtc is advanced further education where teachers and performers travel and participate in conferences, festivals and master workshops in order to enhance the training program provided by the school and production company.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 92
- Accountability: 76
- Sustainability: 26
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.7%; rating input score 100
- Program expense ratio: 84.2%; rating input score 84
- Fundraising efficiency: $140.07 raised per $1 spent on fundraising; rating input score 89; 89th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -18.5%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 0.06; rating input score 4; 4th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 43.4% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: 9% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 7.9% per year; rating input score 100; 59th percentile among comparable filings
Details
- Where the money goes: 99.7% of revenue deployed · 84.2% of spending went to programs
- Governance: 3 of 3 board members independent · 3 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $300K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 17 of 17 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Sustainability: Operating margin scored 15/100.
- High — Sustainability: Total-asset coverage ratio scored 4/100.