Overview
What is Bethlehem Redevelopment Association?
The Bethlehem Redevelopment Association is a nonprofit organization situated in Bethlehem, New Hampshire. Their primary mission is to preserve and enhance the Colonial Theatre building and its surroundings, with a focus on presenting films and live performances. This endeavor impacts over 10,000 patrons annually. The association's objective is to stimulate involvement in the cultural discourse, achieved through appropriate arts and cultural programming. By nurturing the heritage and prosperity of the communities they serve, they aim to contribute positively to their local culture. The organization operates under the name "Friends of the Colonial Theatre" and employs a modest team of three individuals.
Official website here: www.bethlehemcolonial.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
The Bethlehem Redevelopment Association has received a Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The organization scored 87% overall, with its rating derived solely from its Accountability & Finance score, which indicates a solid performance in managing its resources effectively and maintaining financial health.
Strengths of the organization include a fully independent board, which enhances its governance and decision-making processes. The charity has demonstrated transparency and accountability through comprehensive financial practices, including regular financial statements and policies on conflict of interest, whistleblowing, and document retention. The low liabilities to assets ratio of 2.36% further underscores its financial stability.
However, while the program expense ratio stands at 62.50%, which is a good indication of program spending relative to total expenses, there is room for improvement in this area. A higher program expense ratio could enhance the charity's impact and effectiveness in its mission. Overall, the Bethlehem Redevelopment Association shows a commendable commitment to accountability and responsible financial management, which are crucial for donor confidence and ongoing support.
This AI summary has been generated from information found on Charity Navigator.
Is Bethlehem Redevelopment Association legitimate?
Bethlehem Redevelopment Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethlehem Redevelopment Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $136,540
For more financial information, click here
Official website here: www.bethlehemcolonial.org
What is the mission statement of Bethlehem Redevelopment Association?
The Bethlehem Redevelopment Association's mission is to stimulate engagement in the cultural discourse. This is accomplished through the development and implementation of pertinent arts and cultural programs. The objective is to foster the heritage and prosperity of the communities they serve. One of their primary activities involves the preservation and enhancement of the Colonial Theatre building and its surrounding grounds. These facilities are utilized for the presentation of various live performances and films, catering to over 10,000 patrons annually.
Official website here: www.bethlehemcolonial.org
What is the revenue of Bethlehem Redevelopment Association?
Bethlehem Redevelopment Association's revenue in 2024 was $730,089.
Official website here: www.bethlehemcolonial.org
Who are the executives of Bethlehem Redevelopment Association and what are their salaries?
The average compensation at Bethlehem Redevelopment Association during 2024 was $34,135. There are 4 employees and 62 volunteers at Bethlehem Redevelopment Association.
Here are 14 key members and their salaries:
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- Compensation: $70,079
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- Other: $2,124
Official website here: www.bethlehemcolonial.org
Where can I find the form 990 for Bethlehem Redevelopment Association?
Bethlehem Redevelopment Association's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.bethlehemcolonial.org
Learn more at the official website: www.bethlehemcolonial.org
Mission Statement of Bethlehem Redevelopment Association
Bethlehem Redevelopment Association, a nonprofit organization, is committed to inspiring community participation in cultural discussions. They achieve this goal through the delivery of relevant arts and cultural programs. By doing so, the association aims to nurture and strengthen the cultural heritage and prosperity of the communities it serves. One of the primary ways Bethlehem Redevelopment Association achieves this mission is by preserving and enhancing the Colonial Theatre building and grounds. This historical site serves as a venue for film and live performances, reaching over 10,000 patrons annually. The association's dedication to this cultural hub plays a significant role in fostering a vibrant and engaged community.
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Impact
July, 2024
Bethlehem Redevelopment Association's impact lies in its dedication to preserving and enhancing the historic Colonial Theatre building and grounds. By providing a venue for film screenings and live performances, the organization reaches over 10,000 patrons annually, contributing significantly to the cultural vibrancy of the community. Through its relevant arts and cultural programming, the association plays a crucial role in nurturing the heritage and prosperity of the communities it serves.
This information is meant to be a general summary of Bethlehem Redevelopment Association. 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 2024.
- Investment Income: $11,545
- Program Service Revenue: $175,849
- Gross Receipts: $730,089
Assets and Liabilities:
- Total Assets: $1,587,793
- Total Liabilities: $50,406
- Net Assets: $1,537,387
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOX OFFICE LIVE EVENTS
Revenue
$90,214
CONCESSIONS
Revenue
$33,381
BOX OFFICE MOVIES
Revenue
$29,361
ADVERTISING
Revenue
$22,893
Organization Details
Founding Year
1983
Principal Officer
Rusty Talbot
Website
www.bethlehemcolonial.orgNTEE Category
Code: A31 - Arts
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