Overview
What is Stadium Theatre Foundation?
The Stadium Theatre Foundation, situated in Woonsocket, Rhode Island (02895), is a dedicated nonprofit organization with a mission to preserve and revitalize a historic building. Their primary objective is to host a variety of community events, encompassing entertainment, culture, and education. By offering high-quality experiences, the foundation aims to engage with and support the local communities it serves. As of the provided information, the foundation employs 43 individuals to fulfill its mission.
Official website here: www.stadiumtheatre.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 96% (Four-Star out of Four Star rating).
The Stadium Theatre Foundation has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. This score is derived from a single beacon score focused entirely on accountability and finance, reflecting the organization’s commitment to responsible management of its resources.
The foundation boasts a fully independent board, with 15 members, which enhances its governance transparency. Additionally, it has demonstrated strong financial practices, including a program expense ratio of 92.32%, signifying that a significant majority of its expenditures go directly towards its programs and services. The absence of any material diversions of assets further underscores its fiscal integrity.
On the operational side, the Stadium Theatre Foundation has comprehensive policies in place, such as conflict of interest and whistleblower policies. The organization maintains detailed documentation, including board meeting minutes, ensuring transparency in its operations. Overall, its strong financial health and governance practices position it as a reliable nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Stadium Theatre Foundation legitimate?
Stadium Theatre Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stadium Theatre Foundation 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: $133,054
Professional Fundraising Fees: $0
Other Salaries and Wages: $955,250
For more financial information, click here
Official website here: www.stadiumtheatre.com
What is the mission statement of Stadium Theatre Foundation?
The Stadium Theatre Foundation's mission is centered around providing its audience with a memorable experience. This is achieved through the organization of high-quality events that encompass various forms of entertainment, culture, and education. The foundation is committed to embracing the communities it serves, striving to make a positive impact. In addition to its events, the foundation is involved in the acquisition, restoration, and operation of a historic building, which will be utilized for community cultural events.
Official website here: www.stadiumtheatre.com
Who is the CEO of Stadium Theatre Foundation?
Armand Desmarais is the President of Stadium Theatre Foundation.
Official website here: www.stadiumtheatre.com
What is the revenue of Stadium Theatre Foundation?
Stadium Theatre Foundation's revenue in 2022 was $3,878,181.
Official website here: www.stadiumtheatre.com
Who are the executives of Stadium Theatre Foundation and what are their salaries?
The average compensation at Stadium Theatre Foundation during 2022 was $25,309. There are 43 employees and 358 volunteers at Stadium Theatre Foundation.
Here are 13 key members and their salaries:
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Official website here: www.stadiumtheatre.com
Where can I find the form 990 for Stadium Theatre Foundation?
Stadium Theatre Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stadiumtheatre.com
Learn more at the official website: www.stadiumtheatre.com
Mission Statement of Stadium Theatre Foundation
The Stadium Theatre Foundation, a notable entity, is dedicated to delivering a remarkable experience to its audience by organizing high-quality events that encompass entertainment, culture, and education. This mission extends beyond just providing entertainment; it also involves embracing the communities it serves. The foundation's ultimate goal is to create a lasting impression on its patrons through these events. To achieve this, the Stadium Theatre Foundation focuses on restoring and operating a historic building, which will serve as a venue for community cultural events. This commitment to preserving historical architecture and utilizing it for community engagement demonstrates the foundation's dedication to its mission and the communities it serves.
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Impact
July, 2024
Stadium Theatre Foundation has a significant impact on the community by providing high-quality events that encompass entertainment, culture, and education. Through the acquisition, restoration, and operation of its historic building, the foundation creates memorable experiences for its patrons while embracing the communities it serves. This impact is evident in Woonsocket, RI, where the foundation is based, and where it plays a vital role in promoting the arts and enriching the cultural landscape.
This information is meant to be a general summary of Stadium Theatre Foundation. 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: $5,601
- Program Service Revenue: $2,453,188
- Gross Receipts: $3,888,761
Assets and Liabilities:
- Total Assets: $8,192,971
- Total Liabilities: $1,038,176
- Net Assets: $7,154,795
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$2,279,302
TUITION
Revenue
$173,886
Organization Details
Founding Year
1996
Phone
(401) 762-4545Principal Officer
Armand Desmarais
Main Address
28 MONUMENT SQUARE, WOONSOCKET, RI, 02895
Website
www.stadiumtheatre.comNTEE Category
Code: A60Z - Arts
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