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Market House Theatre Of Paducah Kentucky Inc

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

EIN: 310994059 ✦ Paducah, KY ✦ Designated as a 501(c)(3)

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Overview

What is Market House Theatre Of Paducah Kentucky Inc?

Market House Theatre of Paducah Kentucky Inc is a nonprofit organization located at 132 Market House Square, Paducah, Kentucky 42001. Their primary mission is to foster interest and engagement with various aspects of theatre art. They achieve this by producing and offering plays and theatrical services to the public, as well as performing at local elementary and high schools. The organization's goal is to enhance the quality of life in the community by offering an immersive, hands-on artistic experience for people of all ages. Currently, they employ 18 individuals in their operations.


Official website here: www.markethousetheatre.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92%, Four-Star out of Four Star rating.

Market House Theatre Of Paducah Kentucky Inc demonstrates strong performance in accountability and finance, achieving a score of 92%. The organization has a fully independent board, robust financial oversight, and a high program expense ratio, indicating that the majority of funds are directed towards its mission. While the organization excels in many areas, it lacks a whistleblower policy and document retention protocols.

User reviews highlight the theater's significant impact on education, with over 53,000 student interactions annually, utilizing theatre as an educational tool across various subjects. The organization also plays a vital role in the preservation of historic buildings in downtown Paducah. This multifaceted approach enhances its community presence and engagement.

While the overall feedback is overwhelmingly positive, there is room for improvement in governance practices. The high scores in constituent feedback demonstrate the organization's commitment to understanding and responding to community needs, although efforts in equity strategies and policies could be further strengthened.


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

What do the Facebook reviews say about Market House Theatre Of Paducah Kentucky Inc?

94% of 435 reviewers on Facebook recommend Market House Theatre of Paducah, Kentucky. Here is a summary of their reviews:

Many patrons express a high level of satisfaction with the performances, frequently mentioning their enjoyment and excitement for the shows. A recent highlight was the production of "Mamma Mia," which received particular praise for its execution and entertainment value. This indicates that the theater consistently delivers quality performances that resonate positively with attendees.

Overall, the feedback underscores a strong appreciation for the theater's offerings, showcasing it as a valued cultural hub in the community that successfully meets audience expectations.


This AI summary has been generated from reviews found on Facebook.

Is Market House Theatre Of Paducah Kentucky Inc legitimate?

Market House Theatre Of Paducah Kentucky Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Market House Theatre Of Paducah Kentucky 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: $495,086

For more financial information, click here


Official website here: www.markethousetheatre.org

What is the mission statement of Market House Theatre Of Paducah Kentucky Inc?

The Market House Theatre of an unspecified location has a mission to enhance the quality of life in the community by providing a hands-on artistic experience for individuals of all ages. This is achieved through producing and offering plays and other theatrical services to the public, as well as performing at local elementary and high schools. Their primary objective is to foster an interest in all branches of theatre art.


Official website here: www.markethousetheatre.org

Who is the CEO of Market House Theatre Of Paducah Kentucky Inc?

Philip Chestnut is the President of Market House Theatre Of Paducah Kentucky Inc.


Official website here: www.markethousetheatre.org

What is the revenue of Market House Theatre Of Paducah Kentucky Inc?

Market House Theatre Of Paducah Kentucky Inc's revenue in 2022 was $1,359,019.


Official website here: www.markethousetheatre.org

Who are the executives of Market House Theatre Of Paducah Kentucky Inc and what are their salaries?

The average compensation at Market House Theatre Of Paducah Kentucky Inc during 2022 was $27,505. There are 18 employees at Market House Theatre Of Paducah Kentucky Inc.


Here are 12 key members and their salaries:


Philip Chestnut (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Beal (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Vasseur (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Mulry (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Sigler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Troutman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Rains (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Durbin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Regina Pea (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clint Combs (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Oliver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Gillespie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.markethousetheatre.org

Where can I find the form 990 for Market House Theatre Of Paducah Kentucky Inc?

Market House Theatre Of Paducah Kentucky Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.markethousetheatre.org

Learn more at the official website: www.markethousetheatre.org

Mission Statement of Market House Theatre Of Paducah Kentucky Inc

Market House Theatre of Paducah Kentucky Inc is committed to enriching the community's quality of life by offering a unique, hands-on artistic experience for individuals of all ages. Their mission, in essence, is to stimulate and foster interest in various aspects of theatre art. By producing and presenting plays and other theatrical services to the public, they aim to engage and entertain, while also performing at local elementary and high schools. This multi-faceted approach ensures that Market House Theatre of Paducah Kentucky Inc is not only a source of entertainment but also an educational resource for the community, encouraging a love for the arts and fostering creativity among its members.

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Impact




October, 2024

Market House Theatre of Paducah, Kentucky, plays a vital role in enriching the cultural landscape of the community. By providing and promoting a wide range of theatrical arts, the theater serves as a creative hub that fosters artistic expression and engagement among residents of all ages.

Through its productions, the theater not only entertains but also enhances the quality of life in Paducah by offering diverse performances that appeal to various interests and demographics. Additionally, by performing at local elementary and high schools, Market House Theatre cultivates an appreciation for the arts among young people, inspiring the next generation of artists and audiences.

This commitment to community involvement and education contributes significantly to a vibrant local culture, encouraging collaboration and interaction while promoting the importance of the arts. By activating interest in theatre arts, Market House Theatre strengthens community bonds and provides a platform for personal and collective expression.




This information is meant to be a general summary of Market House Theatre Of Paducah Kentucky 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
$1,359,019 (2022)
Expenses
$1,020,349 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,728
  • Program Service Revenue: $373,940
  • Gross Receipts: $1,359,019

Assets and Liabilities:

  • Total Assets: $6,095,779
  • Total Liabilities: $593,216
  • Net Assets: $5,502,563

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Programs

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

CLASSES

Revenue

$106,797

PROGRAM AD REVENUE

Revenue

$6,630

THEATRICAL PRODUCTION

Revenue

$260,513

Organization Details

Founding Year

1980

Principal Officer

Philip Chestnut

Main Address

132 MARKET HOUSE SQUARE, PADUCAH, KY, 42001

NTEE Category

Code: A65 - Arts

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