Overview
What is Masonic Theatre Preservation Foundation?
The Masonic Theatre Preservation Foundation is a nonprofit organization situated in Clifton Forge, Virginia. With a mission to support the revitalized historic Masonic Theatre, they offer a diverse range of educational, entertainment, business, and social programs for the greater Allegheny Highlands community. By partnering with various organizations, they provide first-class venues for performing arts and utilize their facility for hosting community activities. With a dedicated workforce of seven individuals, the foundation aims to enrich the community through its multifaceted initiatives.
Official website here: www.historicmasonictheatre.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating.
The Masonic Theatre Preservation Foundation has received a commendable rating of 90%, reflecting strong performance in accountability and finance. The rating is based entirely on their financial practices, indicating the organization maintains high standards for transparency and responsible management of resources.
The foundation boasts a fully independent board of directors, with all 10 members meeting this criterion. Additionally, the organization has no reported material diversion of assets and effectively documents its board meetings, practices that contribute to its solid financial health. They also have a robust program expense ratio of nearly 91%, which suggests that the majority of their expenditures directly support their mission.
While the data illustrates significant strengths in governance and financial stewardship, there are no noted limitations or concerns mentioned in user feedback. Overall, the foundation appears to operate with high integrity and a clear focus on its preservation goals.
This AI summary has been generated from information found on Charity Navigator.
Is Masonic Theatre Preservation Foundation legitimate?
Masonic Theatre Preservation Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Masonic Theatre Preservation Foundation 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: $72,013
Professional Fundraising Fees: $0
Other Salaries and Wages: $69,610
For more financial information, click here
Official website here: www.historicmasonictheatre.com
What is the mission statement of Masonic Theatre Preservation Foundation?
The Masonic Theatre Preservation Foundation's mission is centered around serving the greater Allegheny Highlands community. They achieve this by providing a mix of educational, entertaining, business, and social programs. The primary focus is on revitalizing the historic Masonic Theatre, turning it into a multi-purpose venue for the performing arts and community activities. By partnering with organizations in need of a facility, the foundation contributes to the provision of first-class venues and supports various community events.
Official website here: www.historicmasonictheatre.com
Who is the CEO of Masonic Theatre Preservation Foundation?
Justin Reiter is the Executive Di of Masonic Theatre Preservation Foundation.
Official website here: www.historicmasonictheatre.com
What is the revenue of Masonic Theatre Preservation Foundation?
Masonic Theatre Preservation Foundation's revenue in 2023 was $477,311.
Official website here: www.historicmasonictheatre.com
Who are the executives of Masonic Theatre Preservation Foundation and what are their salaries?
The average compensation at Masonic Theatre Preservation Foundation during 2023 was $20,232. There are 7 employees at Masonic Theatre Preservation Foundation.
Here are 10 key members and their salaries:
- Compensation: $72,013
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.historicmasonictheatre.com
Where can I find the form 990 for Masonic Theatre Preservation Foundation?
Masonic Theatre Preservation Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.historicmasonictheatre.com
Learn more at the official website: www.historicmasonictheatre.com
Mission Statement of Masonic Theatre Preservation Foundation
The Masonic Theatre Preservation Foundation is dedicated to serving the greater Allegheny Highlands community by providing a diverse range of educational, entertainment, business, and social programs. Their primary goal is to revitalize the historic Masonic Theatre and utilize it as a first-class venue for performing arts and as multi-purpose space for community activities. In addition, the foundation partners with organizations in need of a facility to host their programs, thereby enhancing the community's access to various events and activities.
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Impact
July, 2024
The Masonic Theatre Preservation Foundation's impact can be seen in its dedication to serving the greater Alleghany Highlands community with a variety of educational, entertainment, business, and social programs. By revitalizing the historic Masonic Theatre and Amphitheatre, the foundation provides first-class venues for the performing arts and multi-use space for community activities. Through partnerships with organizations in need of a facility to host programs, the foundation plays a vital role in promoting cultural enrichment and community engagement in Clifton Forge, VA.
This information is meant to be a general summary of Masonic Theatre Preservation Foundation. 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.
- Program Service Revenue: $193,098
- Gross Receipts: $483,055
Assets and Liabilities:
- Total Assets: $8,000,446
- Total Liabilities: $78,131
- Net Assets: $7,922,315
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THEATRE PROGRAM REVENUE
Revenue
$148,999
FACILITY USE & RENTAL
Revenue
$44,099
Organization Details
Founding Year
2009
Phone
(540) 862-4293Principal Officer
Justin Reiter
Main Address
POBOX 119, CLIFTON FORGE, VA, 24422
NTEE Category
Code: A82 - Arts
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