Overview
What is The Stanford White Casino Theatre?
The Stanford White Casino Theatre is a historical landmark situated in Newport, Rhode Island, at 100 Ochre Point Avenue. A nonprofit organization has taken on the mission to preserve and restore this iconic venue, with significant funds already collected for the project. While ongoing fundraising efforts are expected in the future, current expenses primarily involve the amortization of capitalized leasehold improvements. The nonprofit's primary objective is to safeguard and revitalize the Stanford White Casino Theatre, ensuring its continued presence and cultural significance in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. This score reflects the organization's performance on accountability and finance, indicating that while the Stanford White Casino Theatre has strengths in certain areas, improvements are needed for overall transparency and governance.
The organization has achieved a perfect score in several accountability categories, including having an independent board and a favorable liabilities-to-assets ratio. However, the overall score suffers due to the absence of necessary policies and disclosures, such as a conflict of interest policy and a whistleblower policy, which significantly impact its transparency.
Despite these shortcomings, the solid structure of the board and good financial ratios suggest a stable foundation. However, the missing documentation and policies highlight a critical area where the organization can enhance its credibility and trust with donors and the public. Addressing these issues could lead to an improvement in their overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is The Stanford White Casino Theatre legitimate?
The Stanford White Casino Theatre is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Stanford White Casino Theatre 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 The Stanford White Casino Theatre?
The mission of The Stanford White Casino Theatre is centered around the preservation and restoration of this historic landmark. The corporation has successfully completed the initial phase of this project, with a focus on maintaining the theatre's original charm and character. Moving forward, they continue to seek funding for future preservation efforts. Currently, expenses are primarily focused on the amortization of capitalized leasehold improvements.
What is the revenue of The Stanford White Casino Theatre?
The Stanford White Casino Theatre's revenue in 2022 was $0.
Who are the executives of The Stanford White Casino Theatre and what are their salaries?
There 6 volunteers at The Stanford White Casino Theatre.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- 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 The Stanford White Casino Theatre?
The Stanford White Casino Theatre's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Stanford White Casino Theatre
The Stanford White Casino Theatre is committed to preserving and restoring the historical integrity of its namesake theater. This mission involves meticulously reviving the architectural charm and original beauty of the theater, ensuring its continued existence for future generations. To achieve this goal, the corporation has successfully completed the initial phase of fundraising for the restoration project. However, it continues to seek additional funds for future preservation efforts. The expenses associated with this mission primarily consist of amortization of capitalized leasehold improvements.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Stanford White Casino Theatre plays a crucial role in preserving and celebrating cultural heritage within Newport, RI. Its restoration ensures that an important piece of architectural history remains accessible for future generations. By maintaining this landmark, the theatre enriches the local arts scene, serving as a venue for diverse performances and community events that foster creativity and engagement among residents and visitors alike. The carefully executed preservation efforts also highlight the importance of historical architecture, providing educational opportunities about the area's rich cultural past. Ultimately, the theatre's impact extends beyond its walls, contributing to the vibrancy and identity of Newport as a destination for arts and culture.
This information is meant to be a general summary of The Stanford White Casino Theatre. 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.
Assets and Liabilities:
- Total Assets: $2,663,514
- Total Liabilities: $0
- Net Assets: $2,663,514
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2004
Principal Officer
Michael N Grandchamp
NTEE Category
Code: A70 - Arts
If you are a representative of The Stanford White Casino Theatre and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.