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Denver Theatre District Inc

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

EIN: 300441952 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Denver Theatre District Inc?

Denver Theatre District Inc is a nonprofit organization situated in Denver, Colorado, specifically at 1515 Arapahoe Street Tower 3 100. Their primary purpose is to promote and attract public interest towards the areas and amenities occupied by the Theatre District. They achieve this through diverse events and activities such as art salons, street performances, art installations, and celebrations of theatre-related events. These initiatives are aimed at stimulating economic activity and fostering the arts within the geographic boundaries of the Downtown Denver Theatre District. Their efforts are directly associated with planning, producing, and managing these district activation strategies.


Official website here: www.denvertheatredistrict.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Stars

Denver Theatre District Inc has received a high rating of 96%, reflecting strong accountability and financial practices. This score is primarily based on their commitment to financial transparency, with a particular emphasis on their independent board structure and the absence of any material diversion of assets. The organization features a majority of independent board members, which contributes positively to governance and oversight.

The nonprofit demonstrates robust financial health, as indicated by their impressive program expense ratio of 85.94%. This suggests that a significant portion of their resources is directed towards their mission-related activities rather than administrative costs. Additionally, they have established comprehensive policies, including those for conflict of interest and whistleblower protections, which enhance their operational integrity.

Overall, Denver Theatre District Inc shows a commendable commitment to responsible financial management and transparency. While the data primarily reflects fiscal responsibility, further insights into their program impact and community engagement would provide a fuller picture of their effectiveness in the arts sector.


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

Is Denver Theatre District Inc legitimate?

Denver Theatre District Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Denver Theatre District 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.denvertheatredistrict.com

What is the mission statement of Denver Theatre District Inc?

The Denver Theatre District Inc's mission is centered around promoting the arts and stimulating economic activity. It aims to facilitate the installation of "Bright Lights" signage and activate various areas, encouraging public engagement and appreciation for the performing arts within its designated boundaries. The organization manages a range of events and activities, such as art salons, street performances, and installations, to attract the public and celebrate the arts and theatre. These initiatives are funded through the planning, production, and management of these district activation strategies.


Official website here: www.denvertheatredistrict.com

Who is the CEO of Denver Theatre District Inc?

David Ehrlich is the Treasurer of Denver Theatre District Inc.


Official website here: www.denvertheatredistrict.com

What is the revenue of Denver Theatre District Inc?

Denver Theatre District Inc's revenue in 2022 was $1,019,196.


Official website here: www.denvertheatredistrict.com

Who are the executives of Denver Theatre District Inc and what are their salaries?

There 7 volunteers at Denver Theatre District Inc.


Here are 12 key members and their salaries:


Sharon Alton (Treasurer)
  • Compensation: $0
  • Related: $189,060
  • Other: $22,934
Charlene Laus (Evp Finance)
  • Compensation: $0
  • Related: $138,463
  • Other: $29,305
Chiyoko Yokota (Vp Finance F)
  • Compensation: $0
  • Related: $87,024
  • Other: $2,389
David Ehrlich (Executive Di)
  • Compensation: $115,381
  • Related: $0
  • Other: $0
Brent Farber (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginger White (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Vacca (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Kitts (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Callaghan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Zanett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Mosby (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Costello (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.denvertheatredistrict.com

Where can I find the form 990 for Denver Theatre District Inc?

Denver Theatre District Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.denvertheatredistrict.com

Learn more at the official website: www.denvertheatredistrict.com

Mission Statement of Denver Theatre District Inc

Denver Theatre District Inc, in its mission, aims to facilitate the installation of "Bright Lights" signage and activate the downtown area, stimulate economic activity, and promote arts within the geographic boundaries of the Denver Theatre District. The organization achieves this by managing a variety of events and activities that attract the public to areas and amenities occupied by the theatre district. These programs and events include, but are not limited to, art salons, street performances, art-based installations, and celebrations of arts and theatre-related events. The expenses included in this program category are directly related to planning, producing, and managing all these district activation strategies.

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Impact




October, 2024

Denver Theatre District Inc has a significant impact on the cultural and economic landscape of downtown Denver. By managing a variety of events and activities, it fosters a vibrant arts and entertainment scene that draws the public to the district. Programs such as art salons, street performances, art installations, and celebrations of theatrical events create a dynamic atmosphere, making the area a hub for creativity and expression.

The district’s initiatives promote community engagement, enrich local culture, and enhance the overall experience of residents and visitors alike. By facilitating "bright lights" signage and activating public spaces, Denver Theatre District Inc not only beautifies the downtown area but also stimulates economic activity, supporting local businesses and contributing to the city's vitality.

Overall, its efforts elevate the profile of the arts in the community, making the Denver Theatre District a focal point for artistic celebration and economic growth.




This information is meant to be a general summary of Denver Theatre District 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
$1,019,196 (2022)
Expenses
$917,747 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $36
  • Program Service Revenue: $1,013,563
  • Gross Receipts: $1,019,196

Assets and Liabilities:

  • Total Assets: $1,412,790
  • Total Liabilities: $60,925
  • Net Assets: $1,351,865

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADVERTISING REVENUE

Revenue

$1,013,563

Organization Details

Founding Year

2007

Principal Officer

David Ehrlich

Main Address

1515 ARAPAHOE STREET TOWER 3 100, DENVER, CO, 80202

NTEE Category

Code: A65 - Arts

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