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Carolina Theatre Of Greensboro Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043781645 ✦ Greensboro, NC ✦ Designated as a 501(c)(3)

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Overview

What is Carolina Theatre Of Greensboro Inc?

Carolina Theatre of Greensboro Inc is a renowned nonprofit organization based in Greensboro, North Carolina. With a significant address at 310 South Green Street, the organization is committed to promoting arts within the community. Its primary mission is to preserve the historic and architecturally significant Carolina Theatre, which serves as a state-of-the-art entertainment, cultural, and assembly facility for the greater Greensboro community. The theater presents culturally diverse programs, offering educational opportunities and supporting a vibrant downtown. As a fully functioning performing arts facility, Carolina Theatre of Greensboro Inc presents a variety of live performances by local performing arts groups and celebrity entertainers, embodying the mantra "Presenting Arts - Preserving History." With a dedicated team of 52 employees, the theater continues to enrich the cultural landscape of Greensboro.


Official website here: www.carolinatheatre.com

What are the reviews and ratings of this charity?

Charity Navigator rating: 96% (Four-Star out of Four Stars)

Carolina Theatre of Greensboro Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The rating is based entirely on the organization's performance in accountability and finance, demonstrating a strong commitment to ethical practices and transparency. The organization operates with a fully independent board, which enhances its governance and oversight capabilities.

The financial management of the Carolina Theatre is noteworthy, highlighted by a low liabilities to assets ratio of only 3.21%, reflecting stability and sound financial practices. Additionally, a significant 79.34% of the organization's expenses are directed towards programs, showcasing a strong focus on mission-driven activities rather than administrative costs. The presence of robust policies regarding conflict of interest, whistleblower protections, and document retention further underscores its dedication to integrity.

Overall, while the Carolina Theatre of Greensboro Inc exhibits exemplary governance and financial stewardship, potential supporters can be confident in its operational practices and commitment to serving its community. However, the data does not provide insights into the impact of its programming or community feedback, which may be important for stakeholders evaluating its overall effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Carolina Theatre Of Greensboro Inc legitimate?

Carolina Theatre Of Greensboro Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carolina Theatre Of Greensboro 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: $110,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $262,803

For more financial information, click here


Official website here: www.carolinatheatre.com

What is the mission statement of Carolina Theatre Of Greensboro Inc?

The Carolina Theatre of Greensboro Inc serves to preserve an essential part of history through its historically and architecturally significant structure. This iconic theater aims to provide the community with a modern entertainment, cultural, and assembly facility. It showcases a diverse range of programs, offering educational opportunities as well. Furthermore, the theater supports a lively downtown area by presenting live performances from local performing arts groups and celebrated entertainers, embodying the mantra "Presenting Arts - Preserving History."


Official website here: www.carolinatheatre.com

Who is the CEO of Carolina Theatre Of Greensboro Inc?

Brian Gray is the Chair of Carolina Theatre Of Greensboro Inc.


Official website here: www.carolinatheatre.com

What is the revenue of Carolina Theatre Of Greensboro Inc?

Carolina Theatre Of Greensboro Inc's revenue in 2022 was $1,719,831.


Official website here: www.carolinatheatre.com

Who are the executives of Carolina Theatre Of Greensboro Inc and what are their salaries?

The average compensation at Carolina Theatre Of Greensboro Inc during 2022 was $7,174. There are 52 employees and 73 volunteers at Carolina Theatre Of Greensboro Inc.


Here are 27 key members and their salaries:


Robert M Peddrick (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Altina Layman (Vice-Chair/Chair-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Mashburn (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Taylor (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Taylor Butler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Everhart (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Cone (Honorary Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy F Spivey (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Toby Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Brummitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eleanor Schaffner-Mosh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn S Chaney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Cone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Green (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Mengert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Michaels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Robinson Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jace Strandberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Thurston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Vaughan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Freyaldenhoven (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reginia Glaspie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cooper Harrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Davis Mcdonald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Weatherspoon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alicia Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Gray (Executive Director)
  • Compensation: $90,000
  • Related: $0
  • Other: $4,500


Official website here: www.carolinatheatre.com

Where can I find the form 990 for Carolina Theatre Of Greensboro Inc?

Carolina Theatre Of Greensboro Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.carolinatheatre.com

Learn more at the official website: www.carolinatheatre.com

Mission Statement of Carolina Theatre Of Greensboro Inc

Carolina Theatre of Greensboro Inc, a significant entity in the arts community, is dedicated to preserving an essential part of history while providing the greater community with a modern entertainment, cultural, and assembly facility. The historic Carolina Theatre serves as a platform for a diverse array of live performances, showcasing local performing arts groups and renowned celebrity entertainers. The theatre's mission is multifaceted, encompassing the presentation of culturally rich programs, the provision of educational opportunities, and the support of a lively downtown area. By embracing these aspects, Carolina Theatre of Greensboro Inc plays a vital role in maintaining the city's cultural landscape and fostering a sense of community engagement. The theatre's mantra, "Presenting Arts - Preserving History," encapsulates its commitment to both artistic expression and historical preservation.

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Impact




July, 2024

Carolina Theatre of Greensboro Inc's impact lies in its mission to promote arts in the community by serving as a fully functioning performing arts facility. It provides a platform for local performing arts groups and celebrity entertainers to showcase their talents and engage with the community. By presenting a variety of live performances and cultural programs, Carolina Theatre contributes to the cultural vibrancy of Greensboro. Additionally, the theatre's commitment to preserving history through its historic and architecturally significant venue adds to its significance in the community. Through its diverse programming, educational opportunities, and support for downtown revitalization, Carolina Theatre of Greensboro Inc plays a vital role in enriching the cultural landscape of the region.




This information is meant to be a general summary of Carolina Theatre Of Greensboro 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.

Revenue
$1,719,831 (2022)
Expenses
$1,419,086 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $859
  • Program Service Revenue: $323,100
  • Gross Receipts: $1,800,670

Assets and Liabilities:

  • Total Assets: $7,490,983
  • Total Liabilities: $170,798
  • Net Assets: $7,320,185

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CT PRESENTS

Revenue

$98,033

RESTORATION FEES

Revenue

$80,602

BOX OFFICE REVENUE

Revenue

$78,197

PRODUCTION SERVICES

Revenue

$35,523

FILMS REVENUE

Revenue

$30,745

Organization Details

Founding Year

2003

Principal Officer

Brian Gray

Main Address

310 SOUTH GREENE STREET, GREENSBORO, NC, 27401

NTEE Category

Code: A61 - Arts

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