Overview
What is Goodwill Theatre Inc?
Goodwill Theatre Inc is a nonprofit organization situated in Johnson City, New York. Their primary objective is to establish a regional performing arts center, aiming to enrich the lives of locals and visitors through educational programs, events, and live performances. The organization is currently focusing on renovating the historic Goodwill Theatre building, with the renovation phase expected to be completed by 2026. In the meantime, they are offering educational and arts programming in a restored historic firehouse. Goodwill Theatre Inc's mission is to provide access to top-notch performing arts, entertainment, and events in a multi-stage complex, thereby contributing to the cultural enrichment of their community. The organization currently employs 14 individuals.
Official website here: www.goodwilltheatre.net
What are the reviews and ratings of this charity?
Charity Navigator rating: 93%, Four-Star out of Four Star rating.
Goodwill Theatre Inc has received a commendable Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The organization achieved a perfect score in several key areas, showcasing an independent board, comprehensive financial oversight, and robust policies for conflict of interest, whistleblower protection, and document retention.
The majority of the board members are independent, which fosters greater transparency and decision-making integrity. Additionally, the organization has no material diversion of assets, and its financial statements are well audited, reflecting a commitment to responsible financial management. The program expense ratio indicates that a significant portion of its expenses is directed towards its programs, further affirming its dedication to mission-driven work.
However, while the organization performs well overall, there is a slight shortfall in the program expense ratio score, where it earned 22 out of 25 points. This suggests there may be opportunities for improvement in how resources are allocated towards program-related activities versus administrative costs. Overall, Goodwill Theatre Inc demonstrates a solid operational foundation that supports its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Goodwill Theatre Inc?
92% of 26 reviewers on Facebook recommend Goodwill Theatre Inc. Here is a summary of their reviews:
Many people appreciate the theater's ambitious projects, highlighting its commitment to providing engaging and transformative cultural experiences. The community seems to feel a connection to the initiatives undertaken by the organization, indicating that it resonates well with local audiences.
There's a sense of enthusiasm for the performances and events hosted by Goodwill Theatre Inc., with supporters noting their enjoyment and the positive impact these activities have had on the community. Overall, the sentiment reflects a strong endorsement for the nonprofit's mission and efforts.
This AI summary has been generated from reviews found on Facebook.
Is Goodwill Theatre Inc legitimate?
Goodwill Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwill Theatre 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: $60,786
Professional Fundraising Fees: $0
Other Salaries and Wages: $167,413
For more financial information, click here
Official website here: www.goodwilltheatre.net
What is the mission statement of Goodwill Theatre Inc?
Goodwill Theatre Inc's mission is centered around enriching the community by providing access to high-quality performing arts, entertainment, and events. This is accomplished through the operation of a multi-stage complex. The organization's primary objective is to establish a regional performing arts center, which is expected to be completed by 2026. Currently, educational and arts programming are being offered in a restored historic firehouse, while renovations to the main Goodwill Theatre building are underway.
Official website here: www.goodwilltheatre.net
Who is the CEO of Goodwill Theatre Inc?
Cynthia Armstrong is the Ceo of Goodwill Theatre Inc. The CEO's salary of Goodwill Theatre Inc is $36,044 and their total compensation is $36,044.
Official website here: www.goodwilltheatre.net
What is the revenue of Goodwill Theatre Inc?
Goodwill Theatre Inc's revenue in 2022 was $737,837.
Official website here: www.goodwilltheatre.net
Who are the executives of Goodwill Theatre Inc and what are their salaries?
The average compensation at Goodwill Theatre Inc during 2022 was $16,300. There are 14 employees and 46 volunteers at Goodwill Theatre Inc.
Here are 21 key members and their salaries (Goodwill Theatre Inc's CEO's salary is $36,044 and their total compensation is $36,044):
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Official website here: www.goodwilltheatre.net
Where can I find the form 990 for Goodwill Theatre Inc?
Goodwill Theatre Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodwilltheatre.net
Learn more at the official website: www.goodwilltheatre.net
Mission Statement of Goodwill Theatre Inc
Goodwill Theatre Inc. is committed to enhancing its community by offering access to top-notch performing arts, entertainment, and events in a multi-stage complex. This mission is carried out through a two-fold approach. Firstly, the organization is working towards transforming the historic Goodwill Theatre building, with renovations expected to be completed by 2026. While this restoration project is underway, Goodwill Theatre Inc. is already engaging with the community through educational and arts programming in another restored facility, the historic firehouse. This interim period serves to enrich the lives of residents and visitors, offering a diverse range of events and performances. By providing such opportunities, Goodwill Theatre Inc. aims to enrich its community in a meaningful and lasting manner.
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Impact
October, 2024
Goodwill Theatre Inc. significantly enhances the community by providing access to high-quality performing arts and entertainment. Its mission centers on creating a regional performing arts center that serves both residents and visitors in Johnson City, NY. By focusing on the renovation of the historic Goodwill Theatre building, the organization aims to establish a vibrant hub for education, events, and performances—enriching the cultural landscape of the area.
In addition to restoring the main theatre, Goodwill Theatre Inc. is actively offering educational and arts programming in the historic firehouse, further contributing to local cultural engagement. This initiative not only revitalizes historic structures but also fosters a sense of community, bringing people together through diverse artistic experiences. By 2026, with the anticipated completion of the main theatre renovation, the impact of Goodwill Theatre Inc. is expected to grow even more profound, transforming the area into a lively center for the arts.
This information is meant to be a general summary of Goodwill Theatre 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: $141
- Program Service Revenue: $181,561
- Gross Receipts: $802,362
Assets and Liabilities:
- Total Assets: $5,046,116
- Total Liabilities: $1,760,769
- Net Assets: $3,285,347
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Advertising & Sponsorship
Revenue
$126,016
Concessions, Net
Revenue
$877
Ticket Sales/Programs
Revenue
$54,668
Organization Details
Founding Year
2001
Phone
(607) 772-2404Principal Officer
Cynthia Armstrong
Main Address
PO Box 1, Johnson City, NY, 13790
Website
www.goodwilltheatre.netNTEE Category
Code: A65 - Arts
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