Profile Theatre Project

What it reported doing in 2024

Founded in 1997, profile theatre project (the organization) is the only theater on the west coast dedicated to an in-depth exploration of the playwrights voice. Profile theatres mission is to produce a season of world-class productions and community engagement centered around the featured writer whose vision broadens our perspective on the world and deepens our collective compassion. Each year we use a master artists unique vision as a lens to explore the intersection between art and our local community. We believe that the theatre is a convening ground for people to gather together, sharing stories and building community around social issues and political events. Since 2018, weve moved from a one-playwright, one-season model to one where we curate the bodies of work of two or three writers in tandem over two years, allowing us to amplify some of the key issues of our time through the lens of multiple leading playwrights. Our signature programs are our main stage season of large-scale professional productions; our expansive in dialogue program of lectures, panel discussions, and concert stagings that help patrons and community members engage more deeply with the work on the mainstage; our community profile program, which uses the practice of writing to create networks of mutual support and resilience in a dedicated affinity space for a different community each season; and our playwrights residency, which embeds the featured writer in our portland theatre to develop new work, lead workshops, and engage with our community of patrons and artists. Since 2016, we have exclusively centered bipoc, lgbtqia+, wom*n, and jewish writers and artists because we believe that by centering the stories of the global majority, we in our small way help to create a more just and equitable society. Since 2022, we have begun commissioning and premiering new plays by our featured writers. The ability to premiere new work by some of the countrys most important mid-career writers means that profile theatre project is now in a position to contribute directly to the canon of new american plays, in addition to serving our local community with world class theatre and engagement opportunities.

Financial Efficiency

• Mission deployment rate: 61.7%; rating input score 62
• Program expense ratio: 74.4%; rating input score 74
• Fundraising efficiency: $22.81 raised per $1 spent on fundraising; rating input score 62; 62nd 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 8 controls in place; rating input score 62
  • Conflict-of-interest policy: Pass
  • 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: Fail
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 17.1%; rating input score 73; 73rd percentile among comparable filings
• Total-asset coverage ratio: 0.49; rating input score 23; 23rd percentile among comparable filings
• Liabilities to assets ratio: 0.24; rating input score 28; 28th percentile among comparable filings
• Officer compensation ratio: 9%; rating input score 40; 40th percentile among comparable filings

Growth

• Program expense growth: 6.7% per year; rating input score 100; 50th percentile among comparable filings
• Revenue growth: 6.4% per year; rating input score 100; 52nd percentile among comparable filings
• Asset growth: 9% per year; rating input score 100; 55th percentile among comparable filings