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Music Hall Revitalization Company Inc

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

EIN: 273055959 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

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Overview

What is Music Hall Revitalization Company Inc?

Music Hall Revitalization Company Inc is a dedicated nonprofit organization based in Greater Cincinnati. Their primary objective is to spearhead the renovation of Music Hall, revitalizing it as a thriving cultural hub. They achieve this by rallying the community's hard work, financial contributions, and shared passion. By facilitating and encouraging active participation, the company aims to create an exceptional Music Hall experience for audiences and restore the venue's vitality.


Official website here: www.cincinnatiarts.org/mhrc

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Stars)

The Music Hall Revitalization Company Inc has achieved an impressive score of 97%, indicating a strong performance in its accountability and financial management. This rating reflects a commitment to transparency, with a perfect score in several key areas, including board independence and material asset diversion. The organization has established robust governance practices, including a comprehensive conflict of interest policy and a whistleblower policy.

The organization boasts a fully independent board of directors, with 15 members, which contributes to its effective oversight and decision-making processes. Additionally, the company demonstrates a solid financial position with a liabilities-to-assets ratio of just 0.98%, indicating good financial health. Program expenses are notably high at 100%, suggesting that all funds are directed towards fulfilling its mission.

While the nonprofit excels in financial accountability, the data does not provide insight into the specific programs and initiatives they undertake. This lack of information on programmatic effectiveness might leave potential donors wanting more details about the impact of their contributions. Overall, the Music Hall Revitalization Company Inc stands out for its governance and financial integrity, making it a trustworthy organization for potential supporters.


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

Is Music Hall Revitalization Company Inc legitimate?

Music Hall Revitalization Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Music Hall Revitalization 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: $0

For more financial information, click here


Official website here: www.cincinnatiarts.org/mhrc

What is the mission statement of Music Hall Revitalization Company Inc?

The Music Hall Revitalization Company was established with the primary objective of overseeing the renovation of Music Hall. Its mission is to revitalize the facility by leveraging the dedication, financial contributions, and shared convictions of citizens from Greater Cincinnati. The company actively encourages and facilitates participation from the community, with the ultimate goal of creating an exceptional Music Hall experience for audiences and restoring the venue as a lively and vibrant cultural hub.


Official website here: www.cincinnatiarts.org/mhrc

Who is the CEO of Music Hall Revitalization Company Inc?

Timothy J Maloney is the Director of Music Hall Revitalization Company Inc.


Official website here: www.cincinnatiarts.org/mhrc

What is the revenue of Music Hall Revitalization Company Inc?

Music Hall Revitalization Company Inc's revenue in 2022 was $58,750.


Official website here: www.cincinnatiarts.org/mhrc

Who are the executives of Music Hall Revitalization Company Inc and what are their salaries?


Here are 13 key members and their salaries:


Otto M Budig Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alva Jean Crawford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph J Dehner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Garber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary T Huffman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter E Koenig (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip P Lanham (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy J Maloney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Myers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roxanne Qualls (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J David Rosenberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Murray Sinclaire Jr (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dudley S Taft (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cincinnatiarts.org/mhrc

Where can I find the form 990 for Music Hall Revitalization Company Inc?

Music Hall Revitalization Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cincinnatiarts.org/mhrc

Learn more at the official website: www.cincinnatiarts.org/mhrc

Mission Statement of Music Hall Revitalization Company Inc

Music Hall Revitalization Company, a coordinating entity, is dedicated to revitalizing Music Hall. Their mission is to harness the enthusiasm, financial commitment, and passionate beliefs of citizens from Greater Cincinnati. By facilitating and encouraging involvement, they aim to create an extraordinary experience for audiences at Music Hall, ultimately rejuvenating the facility and restoring its status as a vibrant cultural hub.

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Impact




August, 2024

Music Hall Revitalization Company Inc's impact has been significant in revitalizing Music Hall in Cincinnati, Ohio. The company has coordinated the renovation of Music Hall, harnessing the hard work, financial commitment, and passionate beliefs of Greater Cincinnati citizens. By facilitating and encouraging everyone involved to make the Music Hall experience truly extraordinary for audiences, the company has re-established the facility as a vibrant cultural hub in the city. Through its efforts, Music Hall Revitalization Company Inc has played a crucial role in preserving and promoting the arts in the community.




This information is meant to be a general summary of Music Hall Revitalization 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.

Revenue
$58,750 (2022)
Expenses
$9,543 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $58,750

Assets and Liabilities:

  • Total Assets: $98,903,343
  • Total Liabilities: $974,931
  • Net Assets: $97,928,412

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Organization Details

Founding Year

2010

Principal Officer

Timothy J Maloney

Main Address

650 WALNUT STREET, CINCINNATI, OH, 45202

NTEE Category

Code: A80 - Arts

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