Overview
What is Town Hall Theater Inc?
Town Hall Theater Inc, situated in Middlebury, Vermont, serves as a vibrant community hub for cultural activities. Established in a historic building, this nonprofit organization presents an extensive array of events annually, such as operas, theater productions, films, live music performances, and comedy shows. The Jackson Gallery, a part of the theater, showcases rotating exhibits from distinguished Vermont artists. Moreover, Town Hall Theater Inc offers performing arts classes and in-school residencies, engaging both local residents and students in creative pursuits. With a dedicated team of 16 employees, the theater continues to enrich the community with its diverse offerings.
Official website here: www.townhalltheater.org
What are the reviews and ratings of this charity?
Charity Navigator rating: Zero-Star out of Four Stars (35%)
Town Hall Theater Inc has received a Zero-Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. The overall score of 35% highlights insufficient financial management, particularly in program expenses, fundraising efficiency, and a high liabilities-to-assets ratio, which collectively raise red flags about the organization's sustainability and effectiveness.
Despite these shortcomings, the organization demonstrates strengths in governance, with a fully independent board and comprehensive policies in place regarding conflict of interest and whistleblower protections. These governance practices suggest a commitment to ethical oversight and proper management of organizational operations, which is a positive aspect in the context of its financial struggles.
The limitations noted, particularly regarding the lack of financial statements review and the absence of critical documents on its website, indicate a need for improvement in transparency. The low program expense ratio suggests that a relatively small portion of funds is being directed toward programs, which may hinder the organization's impact and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Town Hall Theater Inc legitimate?
Town Hall Theater Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Town Hall Theater 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $361,573
For more financial information, click here
Official website here: www.townhalltheater.org
What is the mission statement of Town Hall Theater Inc?
Town Hall Theater Inc's mission is centered around community theater, presenting over 150 events annually. They offer performing arts classes and in-school residencies, encompassing various genres such as opera, theater, film, live music, and comedy. The Jackson Gallery, a part of the theater, showcases rotating exhibits from Vermont's renowned artists. The organization's primary goal is to provide a platform for a wide variety of cultural activities, serving as a venue for concerts, stage productions, art installations, films, and other cultural events.
Official website here: www.townhalltheater.org
Who is the CEO of Town Hall Theater Inc?
Magna Dodge is the President of Town Hall Theater Inc.
Official website here: www.townhalltheater.org
What is the revenue of Town Hall Theater Inc?
Town Hall Theater Inc's revenue in 2022 was $2,458,362.
Official website here: www.townhalltheater.org
Who are the executives of Town Hall Theater Inc and what are their salaries?
The average compensation at Town Hall Theater Inc during 2022 was $22,598. There are 16 employees at Town Hall Theater Inc.
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Official website here: www.townhalltheater.org
Where can I find the form 990 for Town Hall Theater Inc?
Town Hall Theater Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.townhalltheater.org
Learn more at the official website: www.townhalltheater.org
Mission Statement of Town Hall Theater Inc
Town Hall Theater Inc, a community theater, is committed to presenting a diverse range of performing arts events annually. With over 150 events, the theater hosts opera, theater productions, films, live music, and comedy performances. Beyond live entertainment, Town Hall Theater Inc also offers performing arts classes and in-school residencies, providing a platform for artistic growth and engagement. The Jackson Gallery, a part of the theater, showcases rotating exhibits from some of Vermont's distinguished artists, enhancing the cultural experience of visitors. In essence, Town Hall Theater Inc serves as a vibrant hub for artistic expression and educational opportunities in the performing arts realm.
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Impact
July, 2024
Town Hall Theater Inc's impact is significant in the community of Middlebury, Vermont. With over 150 events per year, including theater performances, concerts, stage productions, art installations, films, and other cultural activities, the organization enriches the local arts scene and provides a platform for artists to showcase their work. Additionally, by offering performing arts classes and in-school residencies, Town Hall Theater Inc contributes to the arts education of community members, both young and old. The Jackson Gallery, featuring rotating exhibits from Vermont's finest artists, further enhances the organization's cultural impact in the area. Through its diverse offerings in opera, theater, film, live music, and comedy, Town Hall Theater Inc plays a vital role in promoting artistic expression and creativity within the community.
This information is meant to be a general summary of Town Hall Theater 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: -$329,529
- Program Service Revenue: $289,473
- Gross Receipts: $2,758,708
Assets and Liabilities:
- Total Assets: $8,003,367
- Total Liabilities: $322,719
- Net Assets: $7,680,648
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER SPECIAL EVENTS
Revenue
$100,656
OTHER ARTS PROGRAMING
Revenue
$77,971
EDUCATION
Revenue
$41,329
THT PROGRAMING
Revenue
$31,265
MERCHANT'S ROW
Revenue
$14,400
Organization Details
Founding Year
1998
Phone
(802) 388-1436Principal Officer
Magna Dodge
Main Address
PO BOX 128, MIDDLEBURY, VT, 05753
Website
www.townhalltheater.orgNTEE Category
Code: A600 - Arts
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