Overview
What is Casino Theatre Restoration & Mgt Inc?
Casino Theatre Restoration & Mgt Inc is a nonprofit organization situated in Vandergrift, Pennsylvania. Its primary objective is the restoration of a historic theater, aiming to revive its former glory. The organization sources income through ticket sales, advertisements, and rental revenues from promoters, entertainers, and fundraising events. By showcasing the theater's potential and viability through these means, Casino Theatre Restoration & Mgt Inc contributes to the preservation of local heritage and culture.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (73%)
Casino Theatre Restoration & Management Inc has received a two-star rating from Charity Navigator, indicating that while the organization shows strong accountability and finance measures, there are significant areas needing improvement. The organization scored a perfect 100% in financial accountability metrics, including a low liabilities-to-assets ratio and a high program expense ratio, suggesting efficient use of funds towards its mission.
Despite these strengths, the organization has several compliance and transparency issues. Key policies, such as a conflict of interest policy, a whistleblower policy, and a document retention policy, are missing. Additionally, the nonprofit has not made its tax form accessible on its website, which detracts from its overall transparency.
The presence of a fully independent board and careful documentation of board meeting minutes are positive aspects, but the lack of essential policies and website transparency can raise concerns for potential donors and stakeholders. Addressing these limitations could enhance the organization's standing and trust within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Casino Theatre Restoration & Mgt Inc legitimate?
Casino Theatre Restoration & Mgt Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Casino Theatre Restoration & Mgt 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
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What is the mission statement of Casino Theatre Restoration & Mgt Inc?
Casino Theatre Restoration & Mgt Inc's mission involves restoring a historic theater. They operate with the objective of bringing the theater back to its former glory. The organization achieves this by generating revenue through ticket sales, advertising, and rental income from events and performers. Additionally, they host fundraising events to demonstrate the project's viability and potential sustainability.
Who is the CEO of Casino Theatre Restoration & Mgt Inc?
Anthony M Ferrante is the President of Casino Theatre Restoration & Mgt Inc.
What is the revenue of Casino Theatre Restoration & Mgt Inc?
Casino Theatre Restoration & Mgt Inc's revenue in 2022 was $77,327.
Who are the executives of Casino Theatre Restoration & Mgt Inc and what are their salaries?
There 14 volunteers at Casino Theatre Restoration & Mgt Inc.
Here are 14 key members and their salaries:
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Where can I find the form 990 for Casino Theatre Restoration & Mgt Inc?
Casino Theatre Restoration & Mgt Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Casino Theatre Restoration & Mgt Inc
Casino Theatre Restoration & Mgt Inc is dedicated to the restoration of a historic theater. Their primary mission is to breathe new life into this iconic venue, revitalizing it to its former glory. The organization achieves this by generating income through various sources such as ticket sales, program advertising, and rental revenues from promoters, entertainers, and fundraising events. This revenue stream serves as evidence of the project's viability, demonstrating its potential for sustainable operation. In essence, Casino Theatre Restoration & Mgt Inc is committed to preserving and revitalizing historical theaters, ensuring that these cultural landmarks continue to serve their communities for generations to come.
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Impact
August, 2024
Casino Theatre Restoration & Mgt Inc's impact lies in the preservation and revitalization of a historic theater in Vandergrift, PA. Through their restoration efforts, they contribute to the cultural heritage and artistic landscape of the community. By generating revenue through ticket sales, program advertising, rentals, and fundraising events, they are able to sustain the theater project and demonstrate its viability. This restoration not only preserves a significant piece of history but also provides a platform for the arts, enriching the local cultural scene and offering opportunities for artists and audiences to engage with this historical venue.
This information is meant to be a general summary of Casino Theatre Restoration & Mgt 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: $183
- Program Service Revenue: $22,845
- Gross Receipts: $77,327
Assets and Liabilities:
- Total Assets: $417,310
- Total Liabilities: $0
- Net Assets: $417,310
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKETS
Revenue
$20,405
PROGRAM ADS
Revenue
$2,425
SOUVENIRS
Revenue
$15
Organization Details
Founding Year
1992
Principal Officer
Anthony M Ferrante
Main Address
145 LINCOLN AVE PO BOX 202, VANDERGRIFT, PA, 15690
NTEE Category
Code: A82Z - Arts
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