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Shea's O'Connell Preservation Guild Ltd

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

EIN: 161158412 ✦ Buffalo, NY ✦ Designated as a 501(c)(3)

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Overview

What is Shea's O'Connell Preservation Guild Ltd?

Shea's O'Connell Preservation Guild Ltd, operating as Shea's Performing Arts Center, is a nonprofit organization located at 646 Main Street in Buffalo, New York, with a workforce of 400 employees. Their mission is to restore and maintain Shea's historic Buffalo Theatre as a functional venue for the enjoyment of live performing arts experiences by both local residents and future generations. The organization offers a wide array of performances and innovative educational programs to instill an appreciation for live theatre among local youth. Through theater rentals and operational fees, Shea's Performing Arts Center generates revenue to support its preservation and ongoing operations.


Official website here: www.sheas.org

What are the reviews and ratings of this charity?

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

Shea's O'Connell Preservation Guild Ltd has achieved a remarkable 96% score, indicating high performance in terms of accountability and financial management. This score reflects the organization's commitment to transparency and responsible governance, as it has a fully independent board and strong financial oversight mechanisms in place. The organization excels in maintaining rigorous financial records and policies, contributing to its overall positive assessment.

The nonprofit's strengths are highlighted by its excellent financial ratios, including a program expense ratio of 73.69%, which suggests that a significant portion of its funding is directed towards its mission-related programs. Additionally, the absence of material diversions of assets and the establishment of multiple policies for conflict of interest and whistleblowing further enhance its credibility and operational integrity.

While nothing major was noted in the feedback, the focus on accountability and finance means that potential supporters can feel confident in the organization's management of funds. However, potential donors may want to seek more information on the specific programs and outcomes to fully understand the impact of their contributions.


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

Is Shea's O'Connell Preservation Guild Ltd legitimate?

Shea's O'Connell Preservation Guild Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shea's O'Connell Preservation Guild Ltd 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: $866,398
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,398,176

For more financial information, click here


Official website here: www.sheas.org

What is the mission statement of Shea's O'Connell Preservation Guild Ltd?

Shea's O'Connell Preservation Guild Ltd, also known as Shea's Performing Arts Center, strives to preserve and maintain a historic theater for current and future generations. The center offers a diverse range of live performing arts experiences for its patrons, providing them with opportunities to enjoy culture and creativity. Furthermore, the organization champions innovative and effective educational programs that foster an appreciation of live theater among local youth. By promoting performing arts programs through theater rentals and fees from the operations of the Center for the Performing Arts, Shea's Performing Arts Center continues to contribute to the artistic and cultural landscape of the community.


Official website here: www.sheas.org

Who is the CEO of Shea's O'Connell Preservation Guild Ltd?

Randall K Best is the Chairperson of Shea's O'Connell Preservation Guild Ltd. The CEO's salary of Shea's O'Connell Preservation Guild Ltd is $293,203 and their total compensation is $302,416.


Official website here: www.sheas.org

What is the revenue of Shea's O'Connell Preservation Guild Ltd?

Shea's O'Connell Preservation Guild Ltd's revenue in 2022 was $37,701,015.


Official website here: www.sheas.org

Who are the executives of Shea's O'Connell Preservation Guild Ltd and what are their salaries?

The average compensation at Shea's O'Connell Preservation Guild Ltd during 2022 was $13,161. There are 400 employees and 927 volunteers at Shea's O'Connell Preservation Guild Ltd.


Here are 20 key members and their salaries (Shea's O'Connell Preservation Guild Ltd's CEO's salary is $293,203 and their total compensation is $302,416):


Michael G Murphy (President/Ceo)
  • Compensation: $293,203
  • Related: $0
  • Other: $9,213
John F Herbert (Vice President Finance/Adm)
  • Compensation: $136,077
  • Related: $0
  • Other: $9,213
John Schaller (Director Of Fundraising &)
  • Compensation: $111,195
  • Related: $0
  • Other: $20,140
Kevin Sweeney (Director Of Marketing And)
  • Compensation: $111,335
  • Related: $0
  • Other: $9,214
Thembi Duncan (Director Of Arts Engagemen)
  • Compensation: $102,031
  • Related: $0
  • Other: $15,118
Randall K Best (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth W Jaskier (Immediate Past Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sujata Yalamanchili (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard J Mccarthy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly A Beecher (Corporate Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Cotton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Dandes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James J Eagan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald R Fishback (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell J Matuszak (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
La Verne Mosey-Murphy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Ripley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heidi S Salva (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hon Donna M Siwek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Toni Vazquez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sheas.org

Where can I find the form 990 for Shea's O'Connell Preservation Guild Ltd?

Shea's O'Connell Preservation Guild Ltd's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sheas.org

Learn more at the official website: www.sheas.org

Mission Statement of Shea's O'Connell Preservation Guild Ltd

Shea's O'Connell Preservation Guild Ltd, also known as Shea's Performing Arts Center, is a nonprofit organization dedicated to restoring and preserving a historic theater for current and future generations. This working historic theater offers an extensive variety of live performing arts experiences for patrons, fostering a deep appreciation for live theater among local youth.

The mission of Shea's O'Connell Preservation Guild Ltd is multifaceted. On one hand, it aims to restore and maintain the theater to its former glory, ensuring that it continues to serve as a cultural landmark for the community. On the other hand, it strives to provide a wide array of live performing arts experiences that cater to diverse tastes and interests. These experiences include both established and innovative productions, ensuring that the theater remains a vibrant and dynamic cultural hub.

In addition to its commitment to preserving and promoting live theater, Shea's O'Connell Preservation Guild Ltd also places a strong emphasis on education. Through innovative and effective educational programs, the organization seeks to foster a deep appreciation for live theater among area youth. By renting out the theater and generating fees from its operations, Shea's Center for the Performing Arts is able to sustain itself and continue to serve the community in this capacity.

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Impact




October, 2024

Shea's O'Connell Preservation Guild Ltd plays a vital role in the cultural landscape of Buffalo, New York, primarily through the restoration and maintenance of Shea's Buffalo Theatre. This historic venue not only preserves the architectural beauty and history of the theatre but also ensures it remains a functional space for live performances, catering to a wide audience and fostering community engagement.

The Guild's focus on providing diverse performing arts experiences enriches the local cultural scene, allowing patrons to enjoy a variety of shows, from theater productions to musical performances. Furthermore, the organization's commitment to innovative educational initiatives actively promotes an appreciation for live theatre among area youth, nurturing the next generation of artists and theatre enthusiasts. By making the performing arts accessible, the Guild fosters cultural literacy and community cohesion, enhancing the overall quality of life in Buffalo.

Through its operations, including theater rentals and various programs, the Guild generates vital revenue that supports its mission, ensuring that Shea's Buffalo Theatre continues to thrive as a working historic theatre for both present and future generations.




This information is meant to be a general summary of Shea's O'Connell Preservation Guild Ltd. 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
$37,701,015 (2022)
Expenses
$28,822,286 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $336,897
  • Program Service Revenue: $24,807,973
  • Gross Receipts: $38,022,488

Assets and Liabilities:

  • Total Assets: $25,202,558
  • Total Liabilities: $9,567,542
  • Net Assets: $15,635,016

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Programs

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

TICKET SALES

Revenue

$22,052,115

OTHER PROGRAM REVENUE

Revenue

$1,008,454

FACILTY CHARGE INCOME

Revenue

$899,482

TICKET SERVICE INCOME

Revenue

$588,158

RENTAL INCOME

Revenue

$259,764

Organization Details

Founding Year

1981

Principal Officer

Randall K Best

Main Address

646 MAIN STREET, BUFFALO, NY, 14202

NTEE Category

Code: A610 - Arts

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