Overview
What is Friends Of The Music Hall?
Friends of The Music Hall is a community-focused, nonprofit organization situated in Portsmouth, New Hampshire. With a rich history, their primary venue, built in 1878, is the oldest theater in the state. The organization's mission is to offer a space for various performing arts organizations, presenting a diverse range of theater, music, dance, and film performances. Prior to the pandemic, they attracted over 108,000 visitors annually, including 15,000+ school children. Their second venue, The Lounge, opened in 2011 and underwent renovations in 2022, boasting a modern 116-seat theater. Beyond performances, Friends of The Music Hall hosts community events and fundraisers, contributing significantly to the local economy, with studies suggesting an annual impact of $9.5 million through visitor spending. They also support over 60 local nonprofits.
Official website here: www.themusichall.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Friends Of The Music Hall has received a commendable Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The charity’s overall score reflects a robust performance in financial management, with a perfect score in most accountability metrics. This rating is particularly significant as it underscores the charity's effective governance practices and transparency in operations.
The organization boasts a fully independent board with 100% of its members being independent, which contributes to its high score in board governance. Additionally, Friends Of The Music Hall has established comprehensive policies such as conflict of interest and whistleblower protections, further enhancing its accountability. With a solid program expense ratio of 72.37%, the charity demonstrates a commitment to allocating the majority of its resources directly to its programs.
While the data reflects strong financial health and operational integrity, it is important for potential donors and supporters to consider the broader impact of the organization's programs and its alignment with their personal philanthropic goals. Overall, Friends Of The Music Hall presents itself as a trustworthy organization dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Music Hall legitimate?
Friends Of The Music Hall is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Music Hall 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: $203,743
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,493,565
For more financial information, click here
Official website here: www.themusichall.org
What is the mission statement of Friends Of The Music Hall?
Friends of The Music Hall's mission is centered around fostering educational and cultural enrichment within the community. As a nonprofit organization, The Music Hall (TMH) serves as a live entertainment venue, attracting over 108,000 patrons annually before the COVID-19 pandemic. The venue offers a mix of acclaimed film, music, theater, literary, and dance performances, catering to a diverse audience. In addition to hosting captivating shows, TMH also actively supports local nonprofits by organizing community fundraisers and celebrations. Prior to the pandemic, TMH and its visitors contributed significantly to the local economy, contributing an estimated $9.5 million annually through non-ticket-related spending.
Official website here: www.themusichall.org
Who is the CEO of Friends Of The Music Hall?
Tina Sawtelle is the Board of Friends Of The Music Hall.
Official website here: www.themusichall.org
What is the revenue of Friends Of The Music Hall?
Friends Of The Music Hall's revenue in 2022 was $6,060,196.
Official website here: www.themusichall.org
Who are the executives of Friends Of The Music Hall and what are their salaries?
The average compensation at Friends Of The Music Hall during 2022 was $33,946. There are 50 employees and 130 volunteers at Friends Of The Music Hall.
Here are 34 key members and their salaries:
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Official website here: www.themusichall.org
Where can I find the form 990 for Friends Of The Music Hall?
Friends Of The Music Hall's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.themusichall.org
Learn more at the official website: www.themusichall.org
Mission Statement of Friends Of The Music Hall
Friends of the Music Hall, a community-driven, nonprofit organization, is dedicated to enriching the cultural and educational landscape. Their primary mission involves operating the Music Hall, a renowned live entertainment venue, which attracts over 108,000 patrons annually, including 15,000 schoolchildren. The Music Hall features two theaters: the historic 900-seat theater, built in 1878, and the modern 116-seat Lounge, renovated in 2022. The organization presents a diverse range of performances, including films, music, theater, literature, and dance, catering to a wide audience.
Beyond entertainment, Friends of the Music Hall also supports the local community by hosting fundraisers and celebrations for over 60 nonprofit organizations. These events contribute significantly to the local economy, with studies showing that they and their patrons contribute an estimated $9.5 million annually in non-ticket-related visitor spending. The Music Hall's mission extends beyond just entertainment, serving as a vital community hub that fosters cultural growth and supports local nonprofits.
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Impact
July, 2024
Friends Of The Music Hall, operating The Music Hall in Portsmouth, NH, has made a significant impact on the local community. Through its provision of a facility for performing arts organizations and its presentation of theater, music, dance, and films, it has enriched the cultural landscape of the area.
Prior to the pandemic, The Music Hall attracted over 108,000 patrons annually, including 15,000 school children, with acclaimed performances across various artistic genres. This not only provided entertainment and cultural education but also contributed to the local economy, with studies indicating an annual contribution of $9.5 million through non-ticket-related visitor spending.
Additionally, The Music Hall demonstrates its commitment to community support by hosting fundraisers and celebrations benefiting over 60 local nonprofits. By offering diverse and relevant programming, this nonprofit organization has created a space for artistic expression, entertainment, and community engagement.
This information is meant to be a general summary of Friends Of The Music Hall. 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: -$388,135
- Program Service Revenue: $1,760,428
- Gross Receipts: $6,852,534
Assets and Liabilities:
- Total Assets: $11,111,524
- Total Liabilities: $1,487,827
- Net Assets: $9,623,697
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Event Sales
Revenue
$1,676,163
Playbill Sponsorship Revenue
Revenue
$84,265
Organization Details
Founding Year
1986
Phone
(603) 433-3100Principal Officer
Tina Sawtelle
Main Address
28 Chestnut Street, Portsmouth, NH, 03801
Website
www.themusichall.orgNTEE Category
Code: A610 - Arts
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