Overview
What is Grandin Theatre Foundation Inc?
Grandin Theatre Foundation Inc is a nonprofit organization situated in Roanoke, Virginia, specifically at 1310 Grandin Road. Its primary mission is to preserve the historic Grandin Theatre as a valuable cultural and educational resource, focusing on film and cinematic arts for the community in Western Virginia. This commitment extends beyond preservation, aiming to promote and celebrate the art of cinema. With a dedicated team of 31 employees, the foundation works tirelessly to maintain the heritage of the Grandin Theatre and foster an appreciation for this art form in the local community.
Official website here: www.grandintheatre.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The Grandin Theatre Foundation Inc has achieved an impressive score of 96% on Charity Navigator, reflecting strong accountability and financial management. This rating is derived solely from its performance in the Accountability & Finance beacon, indicating a commitment to transparency and ethical governance. The organization boasts a fully independent board and has demonstrated effective oversight through its audit and financial committees.
Among its organizational strengths, the Grandin Theatre Foundation has reported no material diversion of assets, a high program expense ratio of 78.17%, and a strong liabilities to assets ratio of 0.86%. These metrics suggest that the foundation is effectively using its resources to fulfill its mission while maintaining solid financial health. Additionally, key policies regarding conflicts of interest, whistleblower protections, and document retention are in place, enhancing its operational integrity.
While the data reflects strong performance, potential donors and supporters might consider looking for additional insights into the foundation’s specific programs and community impact, as these factors were not detailed in the available summary. Overall, the Grandin Theatre Foundation appears to be a well-managed nonprofit with a focus on accountability and programmatic effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Grandin Theatre Foundation Inc?
90% of 790 reviewers on Facebook recommend the Grandin Theatre Foundation Inc. Here's a summary of their reviews:
Many patrons express a deep affection for the Grandin Theatre, highlighting its charming atmosphere and distinctive character. The classic film series draws attendees from afar, with one reviewer mentioning a drive from Richmond, VA, specifically to enjoy this unique offering. The inviting ambiance of the lobby and the beauty of the theatre itself are frequently praised.
Moreover, the friendly staff contributes significantly to the positive experience, with visitors noting the cheerful service and a welcoming environment. The delicious popcorn is a delightful bonus that enhances the overall enjoyment of the films, leaving guests feeling happy and satisfied after their visits.
This AI summary has been generated from reviews found on Facebook.
Is Grandin Theatre Foundation Inc legitimate?
Grandin Theatre Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grandin Theatre Foundation Inc 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $88,030
Professional Fundraising Fees: $0
Other Salaries and Wages: $221,189
For more financial information, click here
Official website here: www.grandintheatre.com
What is the mission statement of Grandin Theatre Foundation Inc?
The Grandin Theatre Foundation Inc has a mission to preserve the historic Grandin Theatre as a cultural and educational resource, primarily focused on film and the cinematic arts. This organization aims to serve the western Virginia community by maintaining the theatre as a platform for showcasing films and cinematic arts. By doing so, it contributes to the cultural enrichment and educational growth of its audience. The foundation's mission is dedicated to preserving the heritage of cinema and promoting an appreciation of this art form within the community.
Official website here: www.grandintheatre.com
Who is the CEO of Grandin Theatre Foundation Inc?
Ian Fortier is the Board Member of Grandin Theatre Foundation Inc.
Official website here: www.grandintheatre.com
What is the revenue of Grandin Theatre Foundation Inc?
Grandin Theatre Foundation Inc's revenue in 2022 was $1,236,304.
Official website here: www.grandintheatre.com
Who are the executives of Grandin Theatre Foundation Inc and what are their salaries?
The average compensation at Grandin Theatre Foundation Inc during 2022 was $9,975. There are 31 employees and 50 volunteers at Grandin Theatre Foundation Inc.
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Official website here: www.grandintheatre.com
Where can I find the form 990 for Grandin Theatre Foundation Inc?
Grandin Theatre Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.grandintheatre.com
Learn more at the official website: www.grandintheatre.com
Mission Statement of Grandin Theatre Foundation Inc
The Grandin Theatre Foundation Inc is dedicated to preserving the historic Grandin Theatre as a significant cultural and educational resource, focusing on film and the cinematic arts, primarily in the Western Virginia region. This nonprofit organization aims to safeguard and utilize the theatre as a platform for showcasing and fostering an appreciation for cinema, contributing to the community's artistic and educational growth. By preserving this historical landmark, the Grandin Theatre Foundation Inc seeks to promote the rich cinematic heritage and inspire future generations to engage with the art of film.
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Impact
July, 2024
Grandin Theatre Foundation Inc's impact lies in its dedication to preserving the historic Grandin Theatre as a cultural and educational resource specifically focused on film and the cinematic arts for Western Virginia. By upholding this mission, the Foundation contributes significantly to the cultural landscape of Roanoke, Virginia, and provides opportunities for the community to engage with and appreciate the art of film. Their efforts help sustain a valuable cultural institution that enriches the lives of residents and visitors alike.
This information is meant to be a general summary of Grandin Theatre Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,570
- Program Service Revenue: $589,297
- Gross Receipts: $1,236,304
Assets and Liabilities:
- Total Assets: $2,706,116
- Total Liabilities: $23,323
- Net Assets: $2,682,793
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THEATRE OPERATIONS
Revenue
$589,297
Organization Details
Founding Year
2002
Phone
(540) 345-6377Principal Officer
Ian Fortier
Main Address
1310 GRANDIN ROAD, ROANOKE, VA, 24015
Website
www.grandintheatre.comNTEE Category
Code: A80 - Arts
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