Overview
What is Red Oak Grand Theatre Inc?
Red Oak Grand Theatre Inc, situated in Red Oak, Iowa, is a nonprofit organization dedicated to serving the community of Greater Montgomery County. Their primary mission is to offer affordable family-oriented movie entertainment, ensuring that the cost remains accessible for all. The theater relies heavily on volunteer work, with volunteers managing the ticket booth, concessions, and projection. By doing so, they promote community engagement and volunteerism, ensuring that the theater remains an affordable entertainment option for its patrons.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
Red Oak Grand Theatre Inc has received a Two-Star rating from Charity Navigator, indicating a fair level of accountability and financial health. The rating is solely based on the organization’s performance in the Accountability & Finance beacon, reflecting their commitment to transparency and responsible financial practices.
The organization demonstrates strong governance, with 100% of its board members being independent, which contributes positively to its accountability. Additionally, Red Oak has effectively managed its resources, showing no material diversion of assets and maintaining a low liabilities to assets ratio of 0.36%. Furthermore, the program expense ratio is commendably high at 86.37%, signifying that a substantial portion of funds is directed towards its mission-related activities.
However, despite these strengths, the overall rating remains limited to a Two-Star designation, suggesting that while the financial aspects are solid, there may be areas for improvement in other dimensions of organizational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Red Oak Grand Theatre Inc legitimate?
Red Oak Grand Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Red Oak Grand 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.
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What is the mission statement of Red Oak Grand Theatre Inc?
Red Oak Grand Theatre Inc's mission is centered around providing affordable family-oriented movie entertainment. This mission is achieved through various means, including promoting volunteerism and ensuring low-cost operations. Volunteers play a significant role in the theatre's operations, managing tasks such as the ticket booth, concessions, and projection. By doing so, the theatre aims to make movie entertainment accessible to all members of the community, regardless of their financial circumstances.
Who is the CEO of Red Oak Grand Theatre Inc?
Shelley Bergren is the Board Member of Red Oak Grand Theatre Inc.
What is the revenue of Red Oak Grand Theatre Inc?
Red Oak Grand Theatre Inc's revenue in 2022 was $200,696.
Who are the executives of Red Oak Grand Theatre Inc and what are their salaries?
There 275 volunteers at Red Oak Grand Theatre Inc.
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Where can I find the form 990 for Red Oak Grand Theatre Inc?
Red Oak Grand Theatre Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Red Oak Grand Theatre Inc
Red Oak Grand Theatre Inc, a nonprofit organization, is committed to providing affordable family-oriented movie entertainment. Their mission is to serve the community by promoting volunteerism and ensuring that the cost of operation remains low, making attendance accessible to all. Volunteers play a significant role in the theater's operations, managing the ticket booth, concessions, and projection. This community-driven theater aims to offer a fun and affordable entertainment option for families, fostering a sense of togetherness and shared experiences.
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Impact
October, 2024
Red Oak Grand Theatre Inc significantly enriches the community by providing affordable, family-oriented movie entertainment to the citizens of Greater Montgomery County. The theatre serves as a cultural hub, promoting not only entertainment but also community engagement and volunteerism. Through low-cost operations, it ensures that attending films is accessible for everyone, fostering an inclusive environment for families and individuals alike.
The involvement of volunteers who manage the ticket booth, concessions, and projection adds a personal touch and strengthens community bonds. By encouraging local participation in these roles, Red Oak Grand Theatre Inc cultivates a sense of ownership and pride among residents, while also enhancing the overall experience for attendees. Ultimately, the theatre plays a vital role in shaping the social and cultural landscape of Red Oak, contributing to community wellness and cohesion.
This information is meant to be a general summary of Red Oak Grand 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $159
- Program Service Revenue: $65,948
- Gross Receipts: $200,696
Assets and Liabilities:
- Total Assets: $1,428,725
- Total Liabilities: $5,436
- Net Assets: $1,423,289
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Organization Details
Founding Year
2010
Phone
(712) 623-4821Principal Officer
Shelley Bergren
Main Address
307 E REED ST, RED OAK, IA, 51566
NTEE Category
Code: A65 - Arts
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