Overview
What is Old Opera House Theatre Company Inc?
The Old Opera House Theatre Company Inc, situated in Charles Town, West Virginia, is a vibrant nonprofit organization with a focus on engaging the community in various aspects of the performing and visual arts. With a modest team of five dedicated individuals, the company brings to life mainstage shows and various performances, aiming to inspire and captivate their audience. Their mission is to foster a strong connection between the community and the arts, aiming to create an inclusive environment for artistic expression and appreciation.
Official website here: www.oldoperahouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Old Opera House Theatre Company Inc has achieved an impressive 96% score, reflecting a strong commitment to accountability and financial health, which is crucial for nonprofit organizations. The rating is primarily based on their exemplary financial practices, with a perfect score for accountability and finance, indicating robust management and transparency in their operations.
Strengths of the organization include a fully independent board composed of 15 members, effective oversight through an audit committee, and a clear conflict of interest policy. The organization also demonstrates strong fiscal responsibility, with a low liabilities-to-assets ratio of 20.03% and a high program expense ratio of 85.59%, ensuring that the majority of funds are directed toward their core mission.
While the rating is very favorable, the summary does not indicate any specific limitations within the organization. Overall, the Old Opera House Theatre Company Inc stands out as a well-managed nonprofit, reflecting a dedication to operational integrity and effective governance.
This AI summary has been generated from information found on Charity Navigator.
Is Old Opera House Theatre Company Inc legitimate?
Old Opera House Theatre Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Old Opera House Theatre Company 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: $128,058
For more financial information, click here
Official website here: www.oldoperahouse.org
What is the mission statement of Old Opera House Theatre Company Inc?
The Old Opera House Theatre Company Inc is committed to engaging and involving the community in all facets of the performing and visual arts. This mission is carried out through various avenues, including the production of mainstage shows and numerous performances. By doing so, the company aims to stimulate interest and participation within the artistic community. Their activities serve to foster a sense of unity and shared appreciation for the performing and visual arts.
Official website here: www.oldoperahouse.org
Who is the CEO of Old Opera House Theatre Company Inc?
Patrick Wallace is the President of Old Opera House Theatre Company Inc.
Official website here: www.oldoperahouse.org
What is the revenue of Old Opera House Theatre Company Inc?
Old Opera House Theatre Company Inc's revenue in 2023 was $631,065.
Official website here: www.oldoperahouse.org
Who are the executives of Old Opera House Theatre Company Inc and what are their salaries?
The average compensation at Old Opera House Theatre Company Inc during 2023 was $25,612. There are 5 employees and 80 volunteers at Old Opera House Theatre Company Inc.
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Official website here: www.oldoperahouse.org
Where can I find the form 990 for Old Opera House Theatre Company Inc?
Old Opera House Theatre Company Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.oldoperahouse.org
Learn more at the official website: www.oldoperahouse.org
Mission Statement of Old Opera House Theatre Company Inc
The Old Opera House Theatre Company Inc is dedicated to engaging and involving the community in various aspects of the performing and visual arts. Their mission is to stimulate interest and participation in these artistic realms, enriching the community as a whole. This nonprofit organization accomplishes this by producing mainstage shows and hosting various performances, providing a platform for artistic expression and appreciation. By inviting the community to participate and engage with these productions, the Old Opera House Theatre Company Inc fosters a sense of unity and shared passion for the performing and visual arts.
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Impact
July, 2024
The Old Opera House Theatre Company Inc's impact lies in its ability to excite and involve the community in all aspects of the performing and visual arts. Through the production of mainstage shows and various performances, the theater company fosters creativity, cultural enrichment, and artistic expression among the residents of Charles Town, WV. By engaging audiences through the arts, the Old Opera House Theatre Company Inc contributes to the vibrant cultural scene of the city and provides a platform for artists and performers to showcase their talents.
This information is meant to be a general summary of Old Opera House Theatre Company 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.
- Investment Income: $19,718
- Program Service Revenue: $353,156
- Gross Receipts: $646,055
Assets and Liabilities:
- Total Assets: $921,186
- Total Liabilities: $184,595
- Net Assets: $736,591
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADVERTISING
Revenue
$5,538
BOX OFFICE INCOME
Revenue
$175,695
RENTS
Revenue
$400
STUDIO INCOME
Revenue
$171,493
WORKSHOPS
Revenue
$30
Organization Details
Founding Year
1973
Phone
(304) 725-4420Principal Officer
Patrick Wallace
Main Address
204 N GEORGE STREET, CHARLES TOWN, WV, 25414
Website
www.oldoperahouse.orgNTEE Category
Code: A60 - Arts
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