Overview
What is Tabor Opera House Preservation Foundation Inc?
Tabor Opera House Preservation Foundation Inc, established in 2003, is a Colorado-based nonprofit organization with a mission to preserve and restore the historic Tabor Opera House in Leadville. The foundation operates the Opera House as a cultural arts center, benefitting the local community. The City of Leadville owns the land and building, which the foundation leases. Their primary sources of support include government grants, foundation donations, and performance fees. The foundation's goal is to fully rehabilitate the Opera House and make necessary improvements, ensuring its longevity as a vibrant venue for entertainment and commerce in the city. With a team of 5 dedicated individuals, the foundation strives to preserve this significant piece of Leadville's heritage.
Official website here: www.taboroperahouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Tabor Opera House Preservation Foundation Inc has received a two-star rating from Charity Navigator, indicating that while it shows potential, there are significant areas needing improvement. The organization scored 69% overall, reflecting its commitment to maintaining an independent board and managing its assets responsibly, as demonstrated by a low liabilities-to-assets ratio of 8.17%.
However, the foundation faces notable challenges in its accountability and financial transparency. Key policies related to conflict of interest, whistleblower protections, and document retention are missing, which diminishes its credibility and oversight. Additionally, financial statements were not provided, contributing to a low score in this area and raising concerns among potential donors about the organization's financial health.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Tabor Opera House Preservation Foundation Inc?
100% of the 9 reviewers on Facebook recommend the Tabor Opera House Preservation Foundation Inc. Their comments celebrate the significance of the Tabor Opera House as an integral part of Colorado's history. Many express appreciation for the opportunity to connect with the era of the late 1800s, underscoring the venue's beauty and historical importance.
Reviewers emphasize the need to preserve such historical sites so that future generations can experience the rich heritage of places like Leadville. The general sentiment reflects strong support for the foundation's mission and activities, highlighting the value of conserving local history for community engagement and education.
Overall, the feedback points to a positive perception of the nonprofit, with reviewers feeling enthusiastic about its role in maintaining and showcasing this iconic landmark. The commitment to preserving a piece of Colorado's past resonates well with visitors and history enthusiasts alike.
This AI summary has been generated from reviews found on Facebook.
Is Tabor Opera House Preservation Foundation Inc legitimate?
Tabor Opera House Preservation Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tabor Opera House Preservation Foundation 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: $53,942
Professional Fundraising Fees: $0
Other Salaries and Wages: $68,012
For more financial information, click here
Official website here: www.taboroperahouse.org
What is the mission statement of Tabor Opera House Preservation Foundation Inc?
The Tabor Opera House Preservation Foundation Inc's mission is centered around the preservation, restoration, and operation of a historic venue. Specifically, their focus is on the Tabor Opera House located in Leadville, Colorado. Their goal is to transform the Opera House into a vibrant community cultural arts center, benefiting the local area for future generations. They achieve this by raising funds for its complete rehabilitation and additional improvements, primarily through grants, contributions, and performance fees. The Foundation leases the Opera House land and building from the City of Leadville, aiming to make it a thriving venue for entertainment and commerce.
Official website here: www.taboroperahouse.org
Who is the CEO of Tabor Opera House Preservation Foundation Inc?
Sara Edwards is the Director of Tabor Opera House Preservation Foundation Inc.
Official website here: www.taboroperahouse.org
What is the revenue of Tabor Opera House Preservation Foundation Inc?
Tabor Opera House Preservation Foundation Inc's revenue in 2022 was $905,844.
Official website here: www.taboroperahouse.org
Who are the executives of Tabor Opera House Preservation Foundation Inc and what are their salaries?
The average compensation at Tabor Opera House Preservation Foundation Inc during 2022 was $24,391. There are 5 employees and 12 volunteers at Tabor Opera House Preservation Foundation Inc.
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Official website here: www.taboroperahouse.org
Where can I find the form 990 for Tabor Opera House Preservation Foundation Inc?
Tabor Opera House Preservation Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.taboroperahouse.org
Learn more at the official website: www.taboroperahouse.org
Mission Statement of Tabor Opera House Preservation Foundation Inc
The Tabor Opera House Preservation Foundation Inc is a dedicated nonprofit organization with a mission to preserve, restore, and operate the historic Tabor Opera House in Leadville, Colorado. Established in 2003, their primary objective is to ensure the longevity and revitalization of this cultural landmark, transforming it into a thriving community arts center. To achieve this goal, the Foundation raises funds, primarily through grants, contributions, and performance fees. These funds are utilized to facilitate the complete rehabilitation of the Opera House and make additional improvements to the building, ensuring its viability as a venue for entertainment and commerce in the city for future generations. The Foundation's efforts contribute significantly to preserving the rich history and cultural heritage of the community.
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Impact
July, 2024
The Tabor Opera House Preservation Foundation Inc has made a significant impact on the preservation, restoration, and operation of the Tabor Opera House in Leadville, Colorado. By fostering the preservation and restoration of this historic landmark, the Foundation has contributed to the cultural heritage and community vibrancy of the City of Leadville. Through its efforts, the Foundation has ensured that the Opera House serves as a community cultural arts center, providing a venue for entertainment, commerce, and artistic expression for generations to come. The Foundation's work has been supported by government and foundation grants, contributions, and performance fees, all of which have been instrumental in facilitating the rehabilitation and enhancement of the Opera House.
This information is meant to be a general summary of Tabor Opera House Preservation Foundation 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: $57
- Program Service Revenue: $51,343
- Gross Receipts: $908,312
Assets and Liabilities:
- Total Assets: $2,391,473
- Total Liabilities: $195,593
- Net Assets: $2,195,880
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TOUR INCOME
Revenue
$22,103
TICKET SALES
Revenue
$29,240
Organization Details
Founding Year
2003
Principal Officer
Sara Edwards
Main Address
PO BOX 1004, Leadville, CO, 80461
Website
www.taboroperahouse.orgNTEE Category
Code: A80 - Arts
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