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Florida Studio Theatre Inc

Florida Studio Theatre Inc

Sarasota, FL 34236
Tax ID23-7362760

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About this organization

Revenue

$14,161,967

Expenses

$8,318,901

Mission

Now in its 45th season, FST continues to grow by staying focused on the its mission and remaining true to its founding principles: To make theatre accessible and affordable to as many people as possible, To present theatre that challenges with as much gusto as it entertains, To create a public forum for the issues of our day that will foster positive change in our community and beyond, and To operate within and for the public trust.

About

Theater productions: Mainstage is FST's flagship program, producing the best contemporary American theatre by presenting plays that speak to a living, evolving, dynamically changing world. Stage III is dedicated to the presentation of socially significant productions, stimulating audiences by presenting challenging content to audiences who might not otherwise participate in theatrical events. In accordance with its mission point 'to make theatre affordable and accessible to as many people as possible', FST staunchly believes that theatre should not be a privilege of the few, but should benefit everyone. FST is able to maintain reasonable ticket prices; the average amount that a person will pay for a 4-play subscription to the Mainstage series is 75, or 18.91 per show.

Interesting data from their 2020 990 filing

The non-profit's aim, as indicated in the filing, is “Florida studio theatre holds the following mission: to make theatre affordable and accessible to as many people as possible; to present theatre that challenges with as much gusto as it entertains; to create a public forum for the issues of our day that will foster positive change in our community and beyond.”.

When referring to its functions, they were specified as: “Florida studio theatre holds the following mission: to make theatre affordable and accessible to as many people as possible; to present theatre that challenges with as much gusto as it entertains; to create a public forum for the issues of our day that will foster positive change in our community and beyond.”.

  • The non-profit has reported their operating state as FL, as required by law.
  • As stated in the filing, the non-profit's address in 2020 was 1241 N PALM AVE, SARASOTA, FL, 34236.
  • The non-profit's form reports a total of 233 employees as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $5,843,066.
  • The CEO's salary policy within the organization is established through a review process by an impartial entity.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 9 independent voting members.
  • The organization was formed in 1974.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization's financial statements were compiled or reviewed by an accountant.
  • The organization pays $4,816,354 in salary, compensation, and benefits to its employees.
  • The organization pays $324,558 in fundraising expenses.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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