Charity

CENTRE 42 LIMITED

Summary FinancialsPeopleNews & ActivitiesSimilar

About

What does CENTRE 42 LIMITED do?

CENTRE 42 LIMITED is a charity organization dedicated to nurturing talent in text-based works and playwrighting, promoting public awareness for Singapore theatre, and fostering research, documentation, and critical discourse on the development of Singapore's theatre scene.

Founded

2014

People

tan yongyao, andy, chiu chien seen, lim kong chai @ casey lim, lee chin chye, ong pui hoon

Causes

All

Highlights

Donations are tax-deductible
Registered Charity
Established since 2014
Published yearly Annual Reports
Audited Financial Statements

Society Impact

Nurturing talent: By providing resources and opportunities for aspiring playwrights, Centre 42 contributes to the development of new creative voices in Singapore's theatre scene.
Incubating content: The charity helps create original works that reflect Singaporean perspectives and experiences, enriching the diversity of local theatre productions.
Building public awareness: Through various initiatives such as workshops, performances, and discussions, Centre 42 raises appreciation for Singapore theatre among both professionals and audiences.
Fostering research and critical discourse: By facilitating the documentation of Singapore's theatre history and hosting events that encourage thoughtful analysis, Centre 42 contributes to a deeper understanding of local theatre development.
Promoting

Donation Income

S$557,609In 2022

Fundraising Efficiency

2.40%In 2022

This indicates the cost to raise a single dollar. A lower cost suggests the charity is more efficient in its fundraising efforts.

Program Expense Ratio

99.65%In 2022

This is the percentage of the charity's total expenses that are spent on its core programs. A higher percentage suggests that more money is going directly to the cause, rather than being spent on administrative or fundraising expenses.

Financials

Donation Income

S$557,609In 2022

What are the donations used for?

Nurturing talent: By providing resources and opportunities for aspiring playwrights, Centre 42 contributes to the development of new creative voices in Singapore's theatre scene.
Incubating content: The charity helps create original works that reflect Singaporean perspectives and experiences, enriching the diversity of local theatre productions.
Building public awareness: Through various initiatives such as workshops, performances, and discussions, Centre 42 raises appreciation for Singapore theatre among both professionals and audiences.
Fostering research and critical discourse: By facilitating the documentation of Singapore's theatre history and hosting events that encourage thoughtful analysis, Centre 42 contributes to a deeper understanding of local theatre development.
Promoting

Program Expense Ratio

99.65%In 2022

Fundraising Efficiency

2.40%In 2022

This indicates the cost to raise a single dollar. A lower cost suggests the charity is more efficient in its fundraising efforts.

Financial Information

Source: Charity Portal

Charities and IPCs are required to prepare the financial statements in accordance to the Charities (Accounts and Annual Report) Regulations and the Charities (Institutions of A Public Character) Regulations, where applicable. The financial statement is available online for latest 3 financial years.

Receipts	Apr 2022 - Mar 2023(S$)	Apr 2021 - Mar 2022(S$)	Apr 2020 - Mar 2021(S$)
Donations in Cash
Tax-Deductible	75,129	63,469	14,199
Non Tax-Deductible	5,786	3,518	32,167
Total Donations in Cash	80,915	66,987	46,366
Donations in Kind
Tax-Deductible	0	0	0
Non Tax-Deductible	0	0	0
Total Donations in Kind	0	0	0
Government Grants	473,575	649,524	505,496
Investment Income	0	0	0
Programme Fees	0	0	0
Others Income	3,119	1,758	4,013
Total Receipts	557,609	718,269	555,875
Capital in Nature	0	0	0

Expenses	Apr 2022 - Mar 2023(S$)	Apr 2021 - Mar 2022(S$)	Apr 2020 - Mar 2021(S$)
Fundraising Expenses
Fundraising Expenses	1,942	0	491
Charitable Activities/Programme Expenses
Local (Direct & Support)	553,656	621,410	486,314
Overseas (Direct & Support)	1,880	0	0
Charitable Activities/Programme Expenses	555,536	621,410	486,314
Expenses
Other Expenses	0	0	0
Total Expenditure	557,478	621,410	486,805

Balance Sheet	Apr 2022 - Mar 2023(S$)	Apr 2021 - Mar 2022(S$)	Apr 2020 - Mar 2021(S$)
Assets
Land and Buildings	0	0	0
Other Tangible Assets	0	0	0
Investments	0	0	0
Inventories	0	0	0
Account Receivables	26,159	26,252	700
Cash & Deposits	664,491	632,278	635,077
Other Assets	5,822	10,470	20,508
Total Assets	696,472	669,000	656,285
Funds
Total Unrestricted Funds	619,300	619,169	522,310
Total Restricted Funds	0	0	0
Endowments Funds	0	0	0
Total Funds and Reserves	619,300	619,169	522,310
Liabilities
Total Current Liabilities	74,216	49,831	131,934
Total Non-Current Liabilities	2,956	0	2,041
Total Liabilities	77,172	49,831	133,975
Total Funds and Liabilities	696,472	669,000	656,285

Other Information	Apr 2022 - Mar 2023(S$)	Apr 2021 - Mar 2022(S$)	Apr 2020 - Mar 2021(S$)
Donations, Grants and Sponsorships given to other registred charities	0	0	0
No. of Employees	4	4	4
Total Employee Cost	350,790	300,680	321,628
Fudnraisig Efficiency Ratio	2	0	1
Total Related Party Transactions	144,919	141,288	163,230