BBB® Serving Southern Piedmont Carolinas
13860 Ballantyne Corp. Pl. Ste. 225
Charlotte, NC 28277
(704) 927-8611
www.charlotte.bbb.org

BBB Reliability Report for

Theatre Charlotte


This BBB Accredited Charity meets all 20 Standards for Charity Accountability.
BBB issues Charity Reports on all organizations, whether or not they are BBB accredited. If an organization is a BBB Accredited Charity, it is stated in this report.
Name: Theatre Charlotte
Phone: (704) 367-3777
Fax: (704) 347-5216
Address: 501 Queens Rd.
Charlotte, NC 28207
Website: www.theatrecharlotte.org
Report Creation Date: September 6, 2013
Report Expiration Date: September 6, 2015
Original Business Start Date: May 1929
Principal: Mr. Ron Law, Executive Director
Customer Contact: Mr. Ron Law, Executive Director - (704) 367-3777 or
Incorporated: May 1929, NC
Employees: 4 Full Time.
Type of Business: Charity - Local

Stated Purpose

Theatre Charlotte is a volunteer-based community theatre dedicated to providing theatre opportunities to the people of the Charlotte region.

Evaluation Conclusions

This organization has been evaluated according to the 20 BBB Standards for Charity Accountability. This organization meets all those Standards and is a BBB Accredited Charity.

Programs

Theatre Charlotte's principle activities include a season of seven productions, educational opportunities to area youth, and theatre participation opportunities.

Total Program Expenses:$336,491

Governance

Chief Executive Officer:Ron Law, Executive Director
Board Size:17
Paid Staff Size:4 Full Time.

Fund Raising

Method(s) Used:Theatre Charlotte's fundraising methods include direct mail appeals, fundraising events, grants, solicitations via its website, and sponsorships for benefit events.

Tax Status

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

Financial

According to Theatre Charlotte's Audited Financial Statement for the year ended June 30, 2012:


Income
 Total Income:$491,422
 
Expenses     % of total
Expenses
% of total
Income
  Programs: $336,491   65.01% 68.47%
  Fund Raising: $76,664   14.81% 15.60%
  Administrative: $104,451   20.18% 21.25%
  Other: $0   0.00% 0.00%
  Total Expenses: $517,606
 
* Excess of Expenses over Income$26,184
Ending Net Assets:$40,046
Total Assets$390,294
Total Liabilities$350,248

* Excess for the year indicates the portion of income remaining after expenses.

ID: 271632
Report as of July 11, 2014 02:22
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