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Walnut Street Theatre Corporation

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

EIN: 231715152 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

Overview

What is Walnut Street Theatre Corporation?

Walnut Street Theatre Corporation is a nonprofit organization based in Philadelphia, Pennsylvania. Their primary mission is to sustain the tradition of professional theatre and contribute to its future viability and vitality. They achieve this through various initiatives, including the production and presentation of professional theatre, encouragement, training, and development of artists, and the cultivation of diverse audiences. During the 2021-2022 season, their Theatre School served 601 students and 27 teachers, reaching over 88,000 students through virtual outreach productions. Their Adopt-A-School program served two Philadelphia schools, and their residency program reached 1,427 students in 13 schools. Additionally, they offer a Kids Series and Disney Musicals in Schools programs, which served 80 students and 2 schools, respectively. Their impact extends beyond the theatre, contributing to the artistic growth and engagement of the community.


Official website here: www.walnutstreettheatre.org

Is Walnut Street Theatre Corporation legitimate?

Walnut Street Theatre Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walnut Street Theatre Corporation 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: $1,396,986
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,207,090

For more financial information, click here


Official website here: www.walnutstreettheatre.org

What is the mission statement of Walnut Street Theatre Corporation?

The Walnut Street Theatre Company is dedicated to preserving the tradition of professional theatre and ensuring its longevity. To accomplish this mission, the organization focuses on three key areas: the production and presentation of professional theatre, the encouragement, training, and development of artists, and the cultivation of diverse audiences. The company takes pride in its historic theatre building, a national historic landmark, and strives to document its rich history. Through these efforts, Walnut Street Theatre Company contributes significantly to the vitality and future viability of the professional theatre industry.


Official website here: www.walnutstreettheatre.org

Who is the CEO of Walnut Street Theatre Corporation?

Bernard Havard is the President And Producing Artistic Director of Walnut Street Theatre Corporation.


Official website here: www.walnutstreettheatre.org

What is the revenue of Walnut Street Theatre Corporation?

Walnut Street Theatre Corporation's revenue in 2022 was $14,927,015.


Official website here: www.walnutstreettheatre.org

Who are the executives of Walnut Street Theatre Corporation and what are their salaries?

The average compensation at Walnut Street Theatre Corporation during 2022 was $18,136. There are 309 employees and 20 volunteers at Walnut Street Theatre Corporation.

Here are 26 key members and their salaries:

    Bernard Havard (President And Producing Artistic Director)
  • Compensation: $889,313
  • Related: $0
  • Other: $45,148

    • Mark Sylvester (Managing Director)
  • Compensation: $547,891
  • Related: $0
  • Other: $16,743

    • Tj Sokso (Director Of Education)
  • Compensation: $202,015
  • Related: $0
  • Other: $28,072

    • Siobhan Ruane (Director Of Production)
  • Compensation: $193,138
  • Related: $0
  • Other: $9,604

    • Edward Gilchrist (Director Of Marketing)
  • Compensation: $159,844
  • Related: $0
  • Other: $18,382

    • Michael Armento (Controller)
  • Compensation: $135,300
  • Related: $0
  • Other: $33,879

    • Brian Kurtas (Associate Artistic Director)
  • Compensation: $112,015
  • Related: $0
  • Other: $9,273

    • Scott Rankin (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Ramona Gwynn (Vice Chair / Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert L Harman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey L Ferro (Chair Audit Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John D Graham (Chairman Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis W Fryman (Chairman Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew I Garfield (Chairman Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard A Mitchell (Immediate Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Audrey Merves (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tanya Ruley-Mayo (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen Tobie (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gene Schriver (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack Garfinkle (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel J Schuller (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise Daher Hodgson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David S Blum Esq (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Mullen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Scully (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.walnutstreettheatre.org

    Where can I find the form 990 for Walnut Street Theatre Corporation?

    The Walnut Street Theatre Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.walnutstreettheatre.org

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

    Mission Statement of Walnut Street Theatre Corporation

    Walnut Street Theatre Corporation, a esteemed organization in the professional theatre realm, is dedicated to preserving and advancing the tradition of theatre. This mission is twofold: firstly, the corporation produces and presents professional theatre that engages and captivates diverse audiences. Secondly, it supports the development and encouragement of artists.

    The Walnut Street Theatre Corporation prides itself on the delivery of top-tier productions and presentations. By doing so, it plays a crucial role in maintaining the vibrancy and viability of theatre. Moreover, the organization takes strides to foster the growth of artists, providing them with a platform to hone their craft and thrive.

    In addition to its artistic pursuits, the Walnut Street Theatre Corporation attaches great importance to cultivating diverse audiences. By engaging a wide range of individuals, it ensures the relevance and resonance of theatre in contemporary society. Furthermore, the organization's commitment to preserving its theatre building, a National Historic Landmark, reflects its dedication to the rich history and legacy of theatre.

    Impact

    This information is meant to be a general summary of Walnut Street Theatre Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Walnut Street Theatre Corporation's impact is profound in sustaining the tradition of professional theatre and contributing to its future viability and vitality. Through various educational programs such as the Theatre School, Touring Outreach, Adopt-A-School Program, Residency Program, Walnut Street Theatre Kids Series, and Disney Musicals in Schools initiative, the organization engages with schools and students to provide access to high-quality theatre experiences and training. In the 2021-2022 season alone, the Theatre School worked with numerous teachers and students, reaching a wide audience of over 88,000 students through virtual touring outreach productions. The Adopt-A-School Program benefited two Philadelphia schools, while the Residency Program reached over 1,400 students across 13 schools. Additionally, the Walnut Street Theatre Kids Series and Disney Musicals in Schools programs further enriched the educational experiences of students and engaged the community in the arts. Through these efforts, Walnut Street Theatre Corporation plays a crucial role in nurturing a love for theatre, fostering artistic talent, and promoting cultural diversity in the community.





    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: $86,468
  • Program Service Revenue: $7,661,291
  • Gross Receipts: $21,275,826

    • Assets and Liabilities:
  • Total Assets: $36,002,708
  • Total Liabilities: $5,368,780
  • Net Assets: $30,633,928
  • Programs

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

    PRODUCTION TICKET SALES

    Revenue

    $7,397,803

    THEATRE SCHOOL

    Revenue

    $219,898

    OTHER

    Revenue

    $43,590

    Organization Details

    Founding Year

    1969

    Principal Officer

    Bernard Havard

    Main Address

    825 WALNUT STREET, PHILADELPHIA, PA, 19107

    NTEE Category

    Code: A650 - Arts

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