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Wellington Ritz Theatre Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 260377669 ✦ Wellington, TX ✦ Designated as a 501(c)(3)

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Overview

What is Wellington Ritz Theatre Inc?

Wellington Ritz Theatre Inc is a dedicated nonprofit organization situated in downtown Wellington, Texas. Their mission is to uphold and cultivate the historic Ritz Theatre, transforming it into a vibrant community and regional hub for arts, culture, education, and cinema enthusiasm. This not-for-profit entity strives to preserve the theater as a beacon for creative expression within the city, offering a diverse range of programs and activities that cater to a wide audience.


Official website here: www.wellingtonritztheatre.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56% (One-Star out of Four Stars)

Wellington Ritz Theatre Inc has received a low rating of 56%, indicating significant concerns regarding its governance and financial practices. The organization has been criticized for having no independent board members, which raises questions about accountability. Despite some positive marks, such as a 100% program expense ratio and no material diversion of assets, the lack of essential policies and independent oversight detracts from its overall score.

The absence of a conflict of interest policy, whistleblower policy, and a document retention policy is particularly troubling. These missing elements suggest a potential vulnerability in the organization’s operational integrity. While the theatre does maintain meeting minutes and has listed its website on its tax form, the failure to post its tax form online could hinder transparency for potential donors and stakeholders.

Overall, while Wellington Ritz Theatre Inc shows commitment to its programs, the governance and accountability issues highlighted by its Charity Navigator rating suggest a need for improvement in its organizational structure and transparency practices. Addressing these deficiencies could enhance the nonprofit's credibility and effectiveness in the community.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Wellington Ritz Theatre Inc?

88% of 251 reviewers on Facebook recommend Wellington Ritz Theatre Inc. Here is a summary of their reviews:

Many patrons express their admiration for the beautifully restored theater, highlighting its charm and appeal as a venue. The community appreciates the dedication to maintaining the historical aspects while providing a vibrant space for events.

Overall, those who attend events at the theater seem to be quite pleased, enjoying both the ambiance and the quality of productions presented. The positive sentiment surrounding the restoration reflects a strong community support for the nonprofit and its mission.


This AI summary has been generated from reviews found on Facebook.

Is Wellington Ritz Theatre Inc legitimate?

Wellington Ritz Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wellington Ritz Theatre 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: $57,218

For more financial information, click here


Official website here: www.wellingtonritztheatre.com

What is the mission statement of Wellington Ritz Theatre Inc?

The mission of Wellington Ritz Theatre Inc. is to preserve and showcase the historic Ritz Theatre as a focal point for arts, culture, education, and cinema appreciation. By operating as a not-for-profit organization, its goal is to serve as a community and regional center, fostering an atmosphere that encourages engagement and appreciation for various artistic and cultural forms. The theater aims to contribute to the local and broader artistic community, providing a platform for diverse creative expressions and educational opportunities.


Official website here: www.wellingtonritztheatre.com

Who is the CEO of Wellington Ritz Theatre Inc?

Melanie Baumgardner is the Principal Officer of Wellington Ritz Theatre Inc.


Official website here: www.wellingtonritztheatre.com

What is the revenue of Wellington Ritz Theatre Inc?

Wellington Ritz Theatre Inc's revenue in 2022 was $1,469,254.


Official website here: www.wellingtonritztheatre.com

Who are the executives of Wellington Ritz Theatre Inc and what are their salaries?


Here are 12 key members and their salaries:


Bob Owens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Mixon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alison Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Odilia Cantu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Langford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janise Langford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Lemons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vada Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margret Wood (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Thornberry (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Reeves (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Toni Cummings (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wellingtonritztheatre.com

Where can I find the form 990 for Wellington Ritz Theatre Inc?

Wellington Ritz Theatre Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wellingtonritztheatre.com

Learn more at the official website: www.wellingtonritztheatre.com

Mission Statement of Wellington Ritz Theatre Inc

Wellington Ritz Theatre Inc, as a not-for-profit organization, is dedicated to preserving and showcasing the historic Ritz Theatre in a Texas city. Their mission is to transform the theatre into a vibrant community and regional center for arts, culture, education, and cinema appreciation. By operating the Ritz Theatre in this capacity, Wellington Ritz Theatre Inc aims to serve as a hub for artistic and cultural experiences, fostering an environment where people can learn, engage, and be entertained. The organization's commitment to this mission is essential in maintaining the theatre's significance as a cultural landmark in the community.

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Impact




October, 2024

Wellington Ritz Theatre Inc plays a vital role in enriching the cultural landscape of Wellington, Texas. By maintaining and promoting the historic Ritz Theatre, the organization serves as a regional center for arts and culture, offering diverse programming that fosters community engagement and appreciation for the arts.

The theater acts as a gathering place where local residents and visitors can experience a variety of performances and films, enhancing the communal spirit and supporting creativity within the area. Educational initiatives tied to the arts further empower individuals of all ages, providing opportunities for learning and artistic expression.

Additionally, by preserving a historic landmark, Wellington Ritz Theatre Inc contributes to the local heritage and encourages tourism, drawing visitors who wish to experience the unique cultural offerings of downtown Wellington. Overall, the organization significantly impacts the community by promoting artistic endeavors, fostering cultural appreciation, and providing a space for entertainment and education.




This information is meant to be a general summary of Wellington Ritz Theatre 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.

Revenue
$1,469,254 (2022)
Expenses
$240,355 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,485,741

Assets and Liabilities:

  • Total Assets: $1,541,521
  • Total Liabilities: $8,373
  • Net Assets: $1,533,148

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Organization Details

Founding Year

2007

Principal Officer

Melanie Baumgardner

Main Address

PO BOX 202, WELLINGTON, TX, 79095

NTEE Category

Code: A65 - Arts

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