Overview
What is Lincoln Theatre Association?
The Lincoln Theatre Association (LTA) is a nonprofit organization based in Columbus, Ohio, specifically at 55 East State Street, 43215. Their primary mission is to operate and preserve the historic Lincoln Theatre, which is situated in the King-Lincoln Bronzeville district. LTA manages rental of the theatre, rehearsal and ballroom spaces, and oversees office and education spaces. The association is dedicated to supporting emerging and established BIPOC artists and arts organizations, offering additional ticketing and marketing support in specific situations during their events. In the fiscal year 2022, over 19,000 individuals attended various events, concerts, lectures, and educational programs held at the Lincoln Theatre. With a workforce of 33 individuals, LTA contributes to the revitalization of the King-Lincoln district and downtown Columbus, serving as an incubator for local talent and a presenter of international artists.
Official website here: www.lincolntheatrecolumbus.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The Lincoln Theatre Association has received an impressive Four-Star rating from Charity Navigator, highlighting its strong commitment to accountability and financial transparency. The organization boasts a perfect score in Accountability & Finance, reflecting its responsible management of resources and adherence to best practices. This high score is particularly significant as it indicates the charity's effectiveness in utilizing funds towards its mission rather than administrative costs.
Strengths of the Lincoln Theatre Association include its fully independent board members, with 100% of the board being independent, which fosters unbiased decision-making. Additionally, the organization has robust policies in place, including conflict of interest and whistleblower policies, ensuring ethical governance. The charity also demonstrates exemplary financial health with a low liabilities to assets ratio, indicating sound financial management.
While the data does not highlight specific programmatic achievements or community impact, the financial metrics and governance practices suggest that the Lincoln Theatre Association is a well-managed organization dedicated to its mission. This strong foundation allows for confidence in its operations and future sustainability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lincoln Theatre Association?
96% of 327 reviewers on Facebook recommend the Lincoln Theatre Association. Here is a summary of their reviews:
Many patrons appreciate the charm and historic significance of the theater, highlighting its role in the community. However, there is some dissatisfaction regarding the ticketing process, with a notable desire for alternatives to Ticket Master. Reviewers express a wish to support local systems more directly, indicating that fostering a stronger local connection could enhance the overall experience.
Overall, the sentiment surrounding the Lincoln Theatre is largely positive, with attendees valuing both the cultural impact and the enjoyment offered by performances. While the ticketing situation could be improved, the theater appears to have a dedicated audience that supports its mission.
This AI summary has been generated from reviews found on Facebook.
Is Lincoln Theatre Association legitimate?
Lincoln Theatre Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lincoln Theatre Association 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: $452,436
For more financial information, click here
Official website here: www.lincolntheatrecolumbus.com
What is the mission statement of Lincoln Theatre Association?
The Lincoln Theatre Association serves as the custodian of a historic landmark theater. Its mission extends beyond this role, as it also functions as a nurturing ground for budding artists in the community. The association presents top-tier artists from around the globe, acting as a creative partner. Furthermore, it contributes to the economic revitalization of its district and downtown area by serving as an economic catalyst.
Official website here: www.lincolntheatrecolumbus.com
What is the revenue of Lincoln Theatre Association?
Lincoln Theatre Association's revenue in 2023 was $1,340,875.
Official website here: www.lincolntheatrecolumbus.com
Who are the executives of Lincoln Theatre Association and what are their salaries?
The average compensation at Lincoln Theatre Association during 2023 was $10,054. There are 45 employees and 186 volunteers at Lincoln Theatre Association.
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Official website here: www.lincolntheatrecolumbus.com
Where can I find the form 990 for Lincoln Theatre Association?
Lincoln Theatre Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lincolntheatrecolumbus.com
Learn more at the official website: www.lincolntheatrecolumbus.com
Mission Statement of Lincoln Theatre Association
The Lincoln Theatre Association serves as the steward of a historic landmark theatre, dedicated to its preservation. Beyond this, the organization functions as a nurturing ground for budding artists in the community. It also showcases artists of exceptional talent from around the globe, bringing a diverse range of performances to its audience. Furthermore, the Lincoln Theatre Association aims to act as a creative partner, contributing to the economic revitalization of its surrounding district and downtown area. By presenting top-tier artists and fostering local talent, the association seeks to stimulate growth and vitality in its community.
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Impact
October, 2024
The Lincoln Theatre Association significantly enhances the cultural landscape of Columbus, Ohio, by operating the historic Lincoln Theatre in the King-Lincoln Bronzeville District. This historic venue not only serves as a performance space but also supports the local arts community by managing rentals for a variety of events, including concerts, lectures, and educational programs.
By providing additional ticketing and marketing support to emerging and established BIPOC artists and organizations, the Lincoln Theatre fosters diversity and inclusion within the arts. In FY22 alone, over 19,000 attendees engaged with the theatre's programming, illustrating its role as a vibrant cultural hub.
Beyond its immediate artistic contributions, the Lincoln Theatre acts as an economic catalyst for the revitalization of its district. By attracting a diverse audience and facilitating partnerships, it plays a crucial part in the creative and economic growth of both the King-Lincoln area and downtown Columbus, positioning itself as a vital incubator for emerging artistic talent while also showcasing high-quality artists from around the world.
This information is meant to be a general summary of Lincoln Theatre Association. 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.
- Investment Income: $15,984
- Program Service Revenue: $627,526
- Gross Receipts: $1,430,673
Assets and Liabilities:
- Total Assets: $11,122,867
- Total Liabilities: $179,753
- Net Assets: $10,943,114
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL OPERATIONS
Revenue
$520,963
CAMP FEES
Revenue
$55,485
TICKET SALES
Revenue
$51,078
Organization Details
Founding Year
2006
Principal Officer
Peter Hersha
NTEE Category
Code: A61 - Arts
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