Overview
What is Laredo Theater Guild International Inc?
Laredo Theater Guild International Inc, a nonprofit organization based in Laredo, Texas, primarily focuses on the production of musical and dramatic plays. By offering local actors the chance to participate in these productions, they serve approximately 2,250 people within their community. The organization's mission is to provide local entertainment, fostering a platform for artistic growth and public enjoyment.
Official website here: www.laredotheaterguild.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (73%, Two-Star out of Four Star rating)
The Laredo Theater Guild International Inc has received a two-star rating from Charity Navigator, indicating that while the organization demonstrates strong accountability and finance practices, there are significant areas needing improvement. The organization has achieved a perfect score in categories such as independent board members, independent board size, and the lack of material diversion of assets. This suggests a solid foundation in governance and financial integrity.
However, the organization has been rated poorly in several critical areas, including the absence of a conflict of interest policy and a whistleblower policy, which received zero points. Additionally, the lack of documents such as board meeting minutes and tax forms on the nonprofit's website further highlights transparency issues. These shortcomings can affect stakeholder trust and overall effectiveness in fulfilling its mission.
While the financial health of the Laredo Theater Guild International Inc appears stable, with a strong liabilities to assets ratio and program expense ratio, the governance weaknesses noted by Charity Navigator raise concerns about its operational practices. Addressing these issues could enhance the organization's credibility and ultimately improve its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Laredo Theater Guild International Inc legitimate?
Laredo Theater Guild International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laredo Theater Guild International 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.laredotheaterguild.com
What is the mission statement of Laredo Theater Guild International Inc?
Laredo Theater Guild International Inc's mission is centered around the production of both musical and dramatic plays. This organization provides a platform for local actors to showcase their talents, thereby offering local entertainment. By staging these productions, they cater to an audience of approximately 2,250 individuals, thereby benefiting the local community. The Guild's activities primarily revolve around providing opportunities for local actors and enabling the public to engage with these performances in their local area.
Official website here: www.laredotheaterguild.com
Who is the CEO of Laredo Theater Guild International Inc?
Karen Mejia is the President of Laredo Theater Guild International Inc.
Official website here: www.laredotheaterguild.com
What is the revenue of Laredo Theater Guild International Inc?
Laredo Theater Guild International Inc's revenue in 2022 was $98,420.
Official website here: www.laredotheaterguild.com
Who are the executives of Laredo Theater Guild International Inc and what are their salaries?
Here are 29 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.laredotheaterguild.com
Where can I find the form 990 for Laredo Theater Guild International Inc?
Laredo Theater Guild International Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.laredotheaterguild.com
Learn more at the official website: www.laredotheaterguild.com
Mission Statement of Laredo Theater Guild International Inc
Laredo Theater Guild International Inc is dedicated to the production of musical and dramatic plays, offering a platform for local actors and providing local entertainment. Their mission is centered around creating opportunities for actors to be involved in productions, ultimately allowing the public to enjoy these performances in their local community. This endeavor benefits approximately 2,250 individuals, enriching their cultural experiences and fostering a sense of community through shared artistic endeavors.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Laredo Theater Guild International Inc significantly enriches the cultural fabric of Laredo through its productions of musical and dramatic plays, providing a platform for local actors to showcase their talents. By engaging the community in the performing arts, it not only nurtures artistic expression but also fosters a sense of belonging and pride among residents. With performances that reach approximately 2,250 people, the guild creates a shared space for entertainment and creativity, enhancing local arts and culture. The opportunity for local talent to participate in these productions encourages personal growth and artistic development, while the community benefits from accessible, high-quality entertainment that brings people together. Through its commitment to the arts, Laredo Theater Guild International Inc plays a vital role in elevating the community's cultural landscape.
This information is meant to be a general summary of Laredo Theater Guild International 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: $223
- Program Service Revenue: $45,448
- Gross Receipts: $98,420
Assets and Liabilities:
- Total Assets: $177,417
- Total Liabilities: $0
- Net Assets: $177,417
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MUSICAL & DRAMATIC PLAYS
Revenue
$44,846
OTHER INCOME
Revenue
$602
Organization Details
Phone
(956) 763-3969Principal Officer
Karen Mejia
Main Address
PO Box 451337, Laredo, TX, 78045
Website
www.laredotheaterguild.comNTEE Category
Code: A65 - Arts
If you are a representative of Laredo Theater Guild International Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.