Overview
What is Syracuse Area Landmark Theatre?
The Syracuse Area Landmark Theatre is a nonprofit organization located at 362 South Salina Street in Syracuse, New York, with a ZIP code of 13202. Their mission revolves around the preservation and restoration of the historic Loew's Theatre building, transforming it into a cultural landmark. Alongside this, they aim to enhance the theatre through the promotion of arts and various educational and cultural activities. With a team of 254 employees, they work diligently to ensure the continuation of this cultural gem in the community.
Official website here: www.landmarktheatre.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The Syracuse Area Landmark Theatre has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a score of 94% in Accountability & Finance, the organization demonstrates strong governance practices, including a fully independent board and robust financial oversight mechanisms. The theater's financial stability is further evidenced by its low liabilities to assets ratio and a significant portion of expenses directed toward programs.
Strengths highlighted in the evaluation include the theater's comprehensive conflict of interest and whistleblower policies, as well as the regular documentation of board meeting minutes. These practices reflect a commitment to transparency and ethical management, which are crucial for maintaining donor trust and effective operations. The organization stands out with a favorable working capital ratio, suggesting it is well-positioned to meet its future obligations.
However, while the Syracuse Area Landmark Theatre excels in many areas, it faces challenges related to fundraising efficiency. The reported fundraising efficiency ratio indicates that the organization spends a considerable amount to raise funds, which may warrant attention going forward. Despite this limitation, the overall financial health and governance of the organization are strong, positioning it well for sustained operations and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Syracuse Area Landmark Theatre legitimate?
Syracuse Area Landmark Theatre is a legitimate nonprofit organization registered as a 501(c)(3) entity. Syracuse Area Landmark 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: $90,942
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,167,123
For more financial information, click here
Official website here: www.landmarktheatre.org/
What is the mission statement of Syracuse Area Landmark Theatre?
The Syracuse Area Landmark Theatre is dedicated to preserving and restoring the historic Loew's Theatre building as a cultural landmark. This commitment extends beyond the physical restoration, as the theatre also strives to enhance its significance by promoting arts and various educational and cultural activities. Through these efforts, the theatre aims to enrich the community by providing a platform for artistic expression and learning. The preservation of this historic building serves as a testament to the importance of cultural heritage and the role it plays in shaping our collective history. The theatre's mission is brought to life through its ongoing commitment to revitalizing the space and fostering a vibrant arts scene.
Official website here: www.landmarktheatre.org/
Who is the CEO of Syracuse Area Landmark Theatre?
Michael Intaglietta is the President of Syracuse Area Landmark Theatre.
Official website here: www.landmarktheatre.org/
What is the revenue of Syracuse Area Landmark Theatre?
Syracuse Area Landmark Theatre's revenue in 2022 was $15,247,679.
Official website here: www.landmarktheatre.org/
Who are the executives of Syracuse Area Landmark Theatre and what are their salaries?
The average compensation at Syracuse Area Landmark Theatre during 2022 was $4,953. There are 254 employees and 100 volunteers at Syracuse Area Landmark Theatre.
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- Compensation: $87,500
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- Other: $3,442
Official website here: www.landmarktheatre.org/
Where can I find the form 990 for Syracuse Area Landmark Theatre?
Syracuse Area Landmark Theatre's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.landmarktheatre.org/
Learn more at the official website: www.landmarktheatre.org/
Mission Statement of Syracuse Area Landmark Theatre
Syracuse Area Landmark Theatre, a notable organization, is dedicated to the preservation and restoration of a historic and cultural landmark, the Loew's Theatre Building. This mission goes beyond maintaining the building's structural integrity, as the Theatre also aims to enhance its value by promoting arts and various educational and cultural activities. By doing so, the Theatre contributes significantly to the community's cultural landscape and enriches the lives of its residents.
In a proactive approach, Syracuse Area Landmark Theatre invests efforts in restoring the Loew's Theatre Building to its former glory. This important work not only preserves a piece of local history but also adds to the cultural significance of the community. Simultaneously, the Theatre broadens its scope by promoting arts and diverse cultural activities, providing a platform for a range of artistic expressions that resonate with and engage the community.
Moreover, Syracuse Area Landmark Theatre plays a pivotal role in the community by fostering arts and education. By promoting various artistic and educational initiatives, the Theatre fosters creativity and learning opportunities for individuals, contributing to the overall intellectual and cultural growth of the community. In essence, Syracuse Area Landmark Theatre is more than just a restorer of historic buildings; it is an essential cultural hub that enriches the community through preservation, restoration, and promotion of arts and education.
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Impact
October, 2024
The Syracuse Area Landmark Theatre plays a vital role in the cultural and historical landscape of Syracuse, NY, through its preservation and restoration of the Loew's Theatre building. This historic venue serves as a cultural hub, enhancing the local community by promoting arts, education, and various cultural activities. By maintaining and restoring this architectural gem, the Theatre not only protects a significant piece of local history but also fosters a vibrant atmosphere for artistic expression and community engagement. Its programming enriches the lives of residents and visitors alike, making it an essential landmark that connects people to the arts and to each other.
This information is meant to be a general summary of Syracuse Area Landmark 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: $56
- Program Service Revenue: $2,242,477
- Gross Receipts: $15,515,902
Assets and Liabilities:
- Total Assets: $20,483,254
- Total Liabilities: $1,436,843
- Net Assets: $19,046,411
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOBBY AND STAGE RENTAL
Revenue
$2,203,120
PROGRAM FEES
Revenue
$39,357
Organization Details
Founding Year
1977
Phone
(315) 475-7979Principal Officer
Michael Intaglietta
Main Address
362 SOUTH SALINA STREET, SYRACUSE, NY, 13202
Website
www.landmarktheatre.org/NTEE Category
Code: A610 - Arts
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