Overview
What is Maltz Jupiter Theatre Endowment Inc?
Maltz Jupiter Theatre Endowment Inc is a nonprofit organization located at 1001 E Indiantown Road, Jupiter, Florida 33477. Its primary purpose is to offer financial assistance to the Maltz Jupiter Theatre, Inc., enabling it to fulfill its mission of engaging, educating, and inspiring the community through captivating theatrical performances. The endowment's role is crucial in supporting the theater's operations, ensuring it can continue to provide entertainment and enlightenment to the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating from Charity Navigator.
Maltz Jupiter Theatre Endowment Inc has achieved an 80% overall score, reflecting a strong performance in Accountability & Finance metrics. The organization receives full marks for having a majority of independent board members, demonstrating effective governance, and maintaining a strong conflict of interest policy. Their commitment to transparency is evident in the documentation of board meeting minutes.
The endowment shows an impressive program expense ratio of 97.50%, indicating that a significant portion of its funds is directed toward its programs rather than administrative costs. Additionally, the organization has a zero liabilities to assets ratio, showcasing its solid financial health and stability.
While the rating highlights several strengths, it is important for potential donors and stakeholders to consider ongoing operational effectiveness and community impact, which are not fully represented in the financial metrics alone. Overall, the Maltz Jupiter Theatre Endowment Inc appears to be a well-managed organization with a focus on accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Maltz Jupiter Theatre Endowment Inc legitimate?
Maltz Jupiter Theatre Endowment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maltz Jupiter Theatre Endowment 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
What is the mission statement of Maltz Jupiter Theatre Endowment Inc?
The Maltz Jupiter Theatre Endowment Inc was established with the goal of financially supporting the Maltz Jupiter Theatre Inc. This organization's mission is to aid the theatre in achieving its objective of entertaining, educating, and inspiring the community. By providing financial assistance, the Endowment Inc contributes to the Theatre's ability to fulfill its mission and continue its operations. This support allows the Maltz Jupiter Theatre to continue delivering high-quality performances and educational programs, thereby enriching the local community.
Who is the CEO of Maltz Jupiter Theatre Endowment Inc?
Andrew Kato is the Treasurer of Maltz Jupiter Theatre Endowment Inc.
What is the revenue of Maltz Jupiter Theatre Endowment Inc?
Maltz Jupiter Theatre Endowment Inc's revenue in 2022 was $2,019,090.
Who are the executives of Maltz Jupiter Theatre Endowment Inc and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $161,268
- Other: $10,286
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $317,213
- Other: $18,751
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Maltz Jupiter Theatre Endowment Inc?
Maltz Jupiter Theatre Endowment Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Maltz Jupiter Theatre Endowment Inc
Maltz Jupiter Theatre Endowment Inc, as the name suggests, is established with a mission to financially support the Maltz Jupiter Theatre Inc. This mission is aimed at empowering the theatre to fulfill its role in entertaining, educating, and inspiring the community at large. By providing financial backing, the endowment enables the theatre to continue its operation and deliver on its purpose of enriching the cultural landscape of its audience. The endowment's role is crucial in ensuring the theatre's ongoing financial stability, enabling it to continue its mission of engaging and uplifting the community through the medium of live theatre.
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Impact
October, 2024
Maltz Jupiter Theatre Endowment Inc significantly impacts the community by providing essential financial support to the Maltz Jupiter Theatre. This backing enables the theater to fulfill its mission of entertaining, educating, and inspiring audiences in Jupiter, Florida, and beyond. Through various performances and educational programs, the Endowment ensures that the theatre continues to serve as a cultural hub, enriching the local arts scene and enhancing the quality of life for residents. The support fosters creativity, promotes community engagement, and helps sustain a vibrant arts environment that resonates with diverse audiences.
This information is meant to be a general summary of Maltz Jupiter Theatre Endowment 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: $1,675,840
- Gross Receipts: $6,047,626
Assets and Liabilities:
- Total Assets: $11,497,997
- Total Liabilities: $14,559
- Net Assets: $11,483,438
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Organization Details
Founding Year
2011
Phone
(561) 743-2666Principal Officer
Andrew Kato
Main Address
1001 E INDIANTOWN ROAD, JUPITER, FL, 33477
NTEE Category
Code: A116 - Arts
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