Threshold Repertory Theatre
Nonprofit profile at a glance
- EIN
- 273734529
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Charleston, SC, USA
- Phone
- 8432772172
- Rating
- 47
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Theater
Reported finances
- Revenue
- $87,501
- Expenses
- $86,134
- Assets
- $1,367
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Paul OBrien (President of the Board)
People named in this filing
- Paul OBrien (President of the Board)
- Beth Anne Crane (Secretary of the Board)
- Don Brandenberg (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Threshold repertory theatre exists to inspire and excite the public through the shared experience of bold and visionary presentations of classic and contemporary theater and to provide that experience at an affordable cost, so that the whole of the community can share in the richness of the theatrical experience. We hope to enrich the lives of our fellow citizens by offering creative and challenging productions, featuring the work of the talented performers and artists, who have chosen to make Charleston their home and by providing participatory theater related education programs and experiences. Threshold repertory theatre seeks to pay their artist and designers a living wage. It supports an artistic lifestyle. We seek to identify and encourage existing and new talent, especially local performers and play rides through programs designed to introduce, develop, and champion in their works. Through a commitment to excellence, innovation, and experimentation and affordable cost, we hope.
What it reported doing in 2024
Production if "Journey's End" A play chronicling the soldiers of a British regiment stationed in the trenches of Saint-Quentin, France towards the end of World War 1. It studies the various characters and their struggles, including alcoholism, rank struggles, and the dilemma of desertion vs. taking entitled leave. We hosted a class of students from a College of Charleston history class as well as told the story to the public about the horrors of war.
Operating model
- Revenue model
- Donor-supported. 93% of the money available for current operations came from contributions and gifts.
- 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
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 10
- Transparency & Controls: 100
- Sustainability: 39
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 9.7%; rating input score 10
- Program expense ratio: 9.8%; rating input score 10
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 1.6%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 0.02; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 9.7% of revenue deployed · 9.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $8K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- 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.
- High — Financial Efficiency: Mission deployment rate scored 10/100.
- High — Financial Efficiency: Program expense ratio scored 10/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- Moderate — Sustainability: Operating margin scored 49/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.