As a nonprofit organization funded by contributions from individuals, local businesses, corporations, private foundations, and government agencies; The Purple Rose Theatre Company strives to be as transparent as possible to the people and agencies that provide generous annual support.
The following links offer more detailed information about The Purple Rose Theatre Company, including reports that offer a snapshot of our finances.
Tax ID / EIN 38-2946466
If you have questions about the reports included or would like to request additional information, please contact Managing Director Katie Hubbard at khubbard@purplerosetheatre.org or (734) 433-7782.
Financial and other organizational information about The Purple Rose can be accessed via Guidestar, a public charity that collects, organizes, and presents information about U.S. nonprofit organizations in easy-to-understand formats.
Our fiscal year runs from September 1 – August 31. Annual audits and 990s are generally completed within six months of the close of our fiscal year.
The Purple Rose Theatre Company participates in the Cultural Data Project, a system through which arts and cultural organizations enter financial, operational and programmatic information into a standardized form. The CDP serves more than 14,000 organizations in 12 states and the District of Columbia.
The Funders Reports included here were created for Michigan Arts and Culture Council, the state arts agency in Michigan.
The Purple Rose Theatre Company, Inc. (PRTC) solicits and accepts gifts in support and fulfillment of its mission and current strategic plan. As positive relationships among all parties are essential to PRTC’s financial stability, responsibility for the preservation and enhancement of Philanthropy is retained by the Board and carried out as defined herein. The goal of this Gift Acceptance Policy is to treat donors and their gifts uniformly, with full disclosure, and to provide guidelines for the acceptance and stewardship of gifts. The provisions of this policy apply to all gifts received by PRTC.
The purpose of this Investment Policy is to provide a clear statement of the Organization’s investment objectives, to define the responsibilities of the Board of Directors and other parties involved in managing the Organization’s investments, and to identify or provide asset allocation ranges, permissible investments, and diversification requirements.