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Worcester Center For Performing Arts Inc

The Hanover Theatre

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 050521735 ✦ Worcester, MA ✦ Designated as a 501(c)(3)

Overview

What is Worcester Center For Performing Arts Inc?

The Worcester Center for Performing Arts Inc, also known as The Hanover Theatre, is a vibrant nonprofit organization located at 2 Southbridge Street, Worcester, MA, 01608. With a team of 232 employees, it has become a cultural hub in the city, hosting approximately 150 public performances annually, attracting over 200,000 attendees. The Hanover Theatre is committed to fostering a deep-rooted appreciation for the performing arts among both audiences and artists. By bringing visitors to Worcester and enhancing its reputation as an entertainment and cultural destination, the organization has significantly contributed to the city's revitalization. Based on research of successful venues nationwide, The Hanover Theatre estimates its economic impact on Worcester at approximately $40 million annually, generating employment, property value growth, and tax revenue. The organization's conservatory programs engage over 500 young people each year, offering classes and programs in theatre, technical theatre, and dance.


Official website here: www.thehanovertheatre.org

Is Worcester Center For Performing Arts Inc legitimate?

Worcester Center For Performing Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Worcester Center For Performing Arts Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,562,559

For more financial information, click here


Official website here: www.thehanovertheatre.org

What is the mission statement of Worcester Center For Performing Arts Inc?

The Worcester Center for Performing Arts Inc, also known as The Hanover Theatre, is dedicated to fostering a deep-rooted appreciation for the performing arts among audiences and artists, both presently and in the future. This passion will contribute to the revitalization of the city by attracting visitors and enhancing Worcester's reputation as a cultural and entertainment destination. Based on research from successful performing arts venues nationwide, The Hanover Theatre's economic impact on the city is estimated to be approximately $40 million annually through direct and indirect spending, job creation, property value increases, and tax revenues. Furthermore, the organization's conservatory programs cater to over 500 young people each year, offering classes and initiatives in theatre, technical theatre, and dance.


Official website here: www.thehanovertheatre.org

Who is the CEO of Worcester Center For Performing Arts Inc?

Troy Siebels is the Director of Worcester Center For Performing Arts Inc. The CEO's salary of Worcester Center For Performing Arts Inc is $233,471 and their total compensation is $259,170.


Official website here: www.thehanovertheatre.org

What is the revenue of Worcester Center For Performing Arts Inc?

Worcester Center For Performing Arts Inc's revenue in 2022 was $13,725,297.


Official website here: www.thehanovertheatre.org

Who are the executives of Worcester Center For Performing Arts Inc and what are their salaries?

The average compensation at Worcester Center For Performing Arts Inc during 2022 was $23,977. There are 232 employees and 269 volunteers at Worcester Center For Performing Arts Inc.

Here are 30 key members and their salaries (Worcester Center For Performing Arts Inc's CEO's salary is $233,471 and their total compensation is $259,170):

    Troy Siebels (President/Ceo)
  • Compensation: $233,471
  • Related: $0
  • Other: $25,699

    • Francesco Cesareo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marie Angelini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracy Barlok (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Bartholomew (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maureen Binienda (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandra Tassi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marianne Felice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rachel Heller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Joseph (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Larrivee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ancy Verdier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Helder Machado (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Mcdonough (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael O'Brien (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Rapp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edwin Shea (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward Russo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen Savickas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carolyn Stempler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charlie Valade (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracy Wells (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Lauring (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kellie Thibodeau (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimberly Stone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Sleeper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimberly Rozak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Njeri Gichohi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Defeudis (Honorary Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thehanovertheatre.org

    Where can I find the form 990 for Worcester Center For Performing Arts Inc?

    The Worcester Center For Performing Arts Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.thehanovertheatre.org

    Learn more at the official website: www.thehanovertheatre.org

    Mission Statement of Worcester Center For Performing Arts Inc

    The Worcester Center For Performing Arts Inc, also known as The Hanover Theatre, is a nonprofit organization dedicated to fostering and nurturing a passion for the performing arts among audiences and artists of today and tomorrow. By igniting this passion, the Hanover Theatre aims to contribute fully to the revitalization of downtown Worcester, attracting visitors to the city and enhancing its reputation as a cultural and entertainment destination.

    Based on extensive research of successful performing arts venues across the nation, the Hanover Theatre estimates its economic impact on Worcester to be approximately $40 million annually. This impact includes both direct and indirect spending, job creation, increased property values, and tax revenues. The Hanover Theatre's commitment to the performing arts extends beyond its own operations, with its Conservatory programs reaching over 500 young people each year through classes and initiatives in theatre, technical theatre, and dance.

    Through its diverse range of programs, the Hanover Theatre seeks to provide opportunities for artistic growth and expression while also contributing to the economic vitality of the community. By bringing people together through the shared experience of live performances, the Hanover Theatre fosters a sense of connection and community engagement, making it an essential cultural hub in Worcester.

    Impact

    This information is meant to be a general summary of Worcester Center For Performing Arts Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Worcester Center For Performing Arts Inc, operating as The Hanover Theatre, has significantly impacted the city of Worcester, MA. Hosting and promoting 150 performances annually with an attendance of around 200,000 people, The Hanover Theatre has not only provided a platform for Broadway shows and world-class performances but has also increased the visibility of Worcester as a cultural destination. Through its conservatory programs, the organization reaches over 500 students each year, nurturing talent in theatre, technical theatre, and dance.

    Moreover, The Hanover Theatre estimates its economic impact on the city at approximately $40 million annually. This impact stems from direct and indirect spending, job creation, increased property values, and generated taxes. By contributing to the revitalization of downtown Worcester and positioning the city as a hub for entertainment and culture, The Hanover Theatre plays a vital role in shaping the perception of Worcester as a destination for arts and cultural experiences.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $10,062
  • Program Service Revenue: $7,926,601
  • Gross Receipts: $13,725,297

    • Assets and Liabilities:
  • Total Assets: $9,691,794
  • Total Liabilities: $3,996,601
  • Net Assets: $5,695,193
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TICKET SALES

    Revenue

    $5,931,148

    OTHER PRODUCTION INCOME

    Revenue

    $702,290

    TUITION

    Revenue

    $679,389

    MEMBERSHIP

    Revenue

    $613,774

    Organization Details

    Founding Year

    2002

    Principal Officer

    Troy Siebels

    Main Address

    2 SOUTHBRIDGE STREET, WORCESTER, MA, 01608

    NTEE Category

    Code: A20 - Arts

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