Overview
What is The Midland Theater Foundation Inc?
The Midland Theater Foundation Inc, based in Coffeyville, Kansas, is a dedicated nonprofit organization with a focus on preserving and utilizing a historic building for the benefit of the local community. Their primary mission involves the restoration and operation of this historical structure, aiming to make it accessible for community engagement. This commitment to preserving history and promoting community involvement is at the core of the Foundation's activities.
Official website here: www.midlandtheatherfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Midland Theater Foundation Inc has achieved a 76% score, reflecting a solid performance in accountability and finance. This score is derived entirely from the organization's fiscal management, highlighting strengths in governance, such as having a fully independent board and zero instances of material diversion of assets. These factors contribute positively to the charity's credibility and operational transparency.
The organization demonstrates strong fiscal responsibility, with a high program expense ratio of 83.30%, indicating that most of its resources are directed towards its core mission. Additionally, there are no liabilities to assets, showcasing a stable financial position. The foundation also lists its tax form on their website, which increases accessibility for donors and stakeholders.
However, it is worth noting that the Midland Theater Foundation lacks several key policies, including conflict of interest, whistleblower, and document retention policies. The absence of these policies may raise concerns regarding governance practices and the organization's overall risk management. Overall, while the foundation exhibits strong financial health, it could enhance its accountability framework by addressing these policy gaps.
This AI summary has been generated from information found on Charity Navigator.
Is The Midland Theater Foundation Inc legitimate?
The Midland Theater Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Midland Theater 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.midlandtheatherfoundation.org
What is the mission statement of The Midland Theater Foundation Inc?
The Midland Theater Foundation Inc's mission is centered around the restoration and operation of a historic building, aimed at serving the community. This mission involves meticulously restoring the building to its former glory and then making it available for community use. The goal is to preserve and revitalize this historical landmark for the benefit of the community. The foundation's activities are driven by the desire to contribute to the community's cultural and social life, offering a space for various events and activities.
Official website here: www.midlandtheatherfoundation.org
What is the revenue of The Midland Theater Foundation Inc?
The Midland Theater Foundation Inc's revenue in 2023 was $8,296.
Official website here: www.midlandtheatherfoundation.org
Who are the executives of The Midland Theater Foundation Inc and what are their salaries?
There 30 volunteers at The Midland Theater Foundation Inc.
Here are 8 key members and their salaries:
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Official website here: www.midlandtheatherfoundation.org
Where can I find the form 990 for The Midland Theater Foundation Inc?
The Midland Theater Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.midlandtheatherfoundation.org
Learn more at the official website: www.midlandtheatherfoundation.org
Mission Statement of The Midland Theater Foundation Inc
The Midland Theater Foundation Inc is dedicated to the restoration and operation of a historic building, with the primary aim of making it accessible for the benefit of the community. This nonprofit organization works tirelessly to bring this historic structure back to its former glory, transforming it into a community asset that can be utilized and enjoyed by all. The mission of The Midland Theater Foundation Inc is multifaceted, encompassing not just the physical restoration of the building, but also its ongoing operation for the betterment of the community. This historic building serves as a testament to the past, while simultaneously providing a space for community engagement, entertainment, and cultural enrichment.
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Impact
August, 2024
The Midland Theater Foundation Inc is making a significant impact by restoring and operating a historic building for the benefit of the community in Coffeyville, KS. Through its efforts, the foundation is preserving the cultural heritage of the area and providing a space for artistic expression and community gatherings. This restoration project not only enhances the aesthetic appeal of the city but also contributes to the cultural and social enrichment of the community. The foundation's work aligns with its mission to restore and operate the historic building for the community's use, making it a valuable asset for residents and visitors alike.
This information is meant to be a general summary of The Midland Theater 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 2023.
- Gross Receipts: $8,296
Assets and Liabilities:
- Total Assets: $1,004,108
- Total Liabilities: $0
- Net Assets: $1,004,108
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Organization Details
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