Overview
What is The 1932 Criterion Theatre?
The 1932 Criterion Theatre is a vibrant nonprofit organization located in Bar Harbor, Maine. It has a strong commitment to serving its community by hosting live concerts and providing programming that supports the arts community. The theatre has set a goal to increase its community involvement and has been successful in achieving this. Furthermore, it has been dedicated to renovating its facilities and enhancing its donation targets. The 1932 Criterion Theatre plays a significant role in keeping the arts alive in Downeast Maine, acting as a vital cultural hub for the community. With a team of 16 dedicated individuals, it continues to contribute to the local arts scene and community development.
Official website here: www.criteriontheatre.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The 1932 Criterion Theatre has earned a respectable Three-Star rating based on its 81% score, which is derived entirely from its Accountability & Finance metrics. This rating indicates a solid financial standing and commitment to transparency, essential qualities for a nonprofit organization.
With a perfect score in areas such as having an independent board and no material diversion of assets, the organization demonstrates strong governance practices. The majority of board members are independent, and key policies regarding conflict of interest and whistleblowing are well-established, further enhancing its credibility.
However, while the Accountability & Finance score is commendable, the overall rating is solely based on this metric, which may limit insight into the organization's programmatic effectiveness. Nonetheless, the high program expense ratio of 87.79% suggests efficient allocation of resources towards its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The 1932 Criterion Theatre legitimate?
The 1932 Criterion Theatre is a legitimate nonprofit organization registered as a 501(c)(3) entity. The 1932 Criterion Theatre 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: $182,400
For more financial information, click here
Official website here: www.criteriontheatre.org
What is the mission statement of The 1932 Criterion Theatre?
The 1932 Criterion Theatre's mission is centered around preserving and promoting the arts and cinema. It aims to keep the arts alive, not just within the theater, but in the broader community, specifically in Downeast Maine. The theater strives to achieve this by hosting live concerts and providing programming for the arts community. In 2022, the theater saw significant progress, expanding its live concerts and contributing more to the local arts scene. Additionally, it continued to work towards its donation goals and undertook necessary renovations.
Official website here: www.criteriontheatre.org
Who is the CEO of The 1932 Criterion Theatre?
Stephen Leiser is the President of The 1932 Criterion Theatre.
Official website here: www.criteriontheatre.org
What is the revenue of The 1932 Criterion Theatre?
The 1932 Criterion Theatre's revenue in 2022 was $571,829.
Official website here: www.criteriontheatre.org
Who are the executives of The 1932 Criterion Theatre and what are their salaries?
The average compensation at The 1932 Criterion Theatre during 2022 was $11,400. There are 16 employees at The 1932 Criterion Theatre.
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Official website here: www.criteriontheatre.org
Where can I find the form 990 for The 1932 Criterion Theatre?
The 1932 Criterion Theatre's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.criteriontheatre.org
Learn more at the official website: www.criteriontheatre.org
Mission Statement of The 1932 Criterion Theatre
The 1932 Criterion Theatre is dedicated to keeping both the historic theatre and the arts alive in Downeast Maine. By hosting live concerts and bringing programming to the local arts community, the theatre strives to enrich the community and contribute more to it. Furthermore, the theatre sets goals for donations and carries out necessary renovations to maintain its integrity and continue serving as a cultural hub.
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Impact
July, 2024
The impact of The 1932 Criterion Theatre lies in its crucial role in preserving the arts and cinema in Downeast Maine. By keeping this historic theater alive and vibrant, The 1932 Criterion Theatre contributes significantly to the cultural enrichment of the local community in Bar Harbor, ME. Through its diverse programming, including live concerts and film screenings, The 1932 Criterion Theatre offers a platform for artists and performers to showcase their talents and engage with audiences. Additionally, the theater's efforts in fundraising and renovations demonstrate a commitment to sustaining and improving this cultural hub for future generations. Overall, The 1932 Criterion Theatre plays a vital role in fostering creativity, entertainment, and community spirit in its region.
This information is meant to be a general summary of The 1932 Criterion Theatre. 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: $6,130
- Program Service Revenue: $163,210
- Gross Receipts: $612,490
Assets and Liabilities:
- Total Assets: $3,206,051
- Total Liabilities: $4,395
- Net Assets: $3,201,656
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKETS
Revenue
$149,146
VENUE RENTAL
Revenue
$14,275
LESS REFUNDS
Revenue
-$211
Organization Details
Founding Year
2005
Phone
(207) 288-0829Principal Officer
Stephen Leiser
Main Address
PO BOX 642, BAR HARBOR, ME, 04609
Website
www.criteriontheatre.orgNTEE Category
Code: A68 - Arts
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