Overview
What is Majestic Theatre Inc?
Majestic Theatre Inc, situated at 230 N PLAZA BLVD, Chillicothe, Ohio 45601, is a dedicated nonprofit organization. Its primary objective is to foster a love for theater in the local community and preserve the historically significant Majestic Theatre. The organization achieves this by producing various theatrical performances and hosting programs of community interest. By doing so, Majestic Theatre Inc plays a vital role in promoting and preserving the art of theater in its surrounding area.
Official website here: www.majesticchillicothe.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Majestic Theatre Inc has achieved a high rating of 97% from Charity Navigator, indicating exceptional accountability and financial health. The rating reflects strong governance practices, including a fully independent board, adherence to conflict of interest policies, and the presence of a whistleblower policy. These factors demonstrate the organization's commitment to transparency and ethical management.
The organization excels in financial efficiency, with a program expense ratio of 94.73%, signifying that a significant majority of its expenditures directly support its mission. Additionally, the low liabilities to assets ratio of 0.02% illustrates a robust financial position, suggesting that the organization is effectively managing its resources.
Overall, the strong rating highlights Majestic Theatre Inc's effective governance and financial responsibility. While the rating emphasizes financial metrics, it is essential for potential supporters to consider the impact of the organization's programs and community engagement, which are not covered in the financial analysis alone.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Majestic Theatre Inc?
92% of 242 reviewers on Facebook recommend Majestic Theatre Inc. Here is a summary of their reviews:
Many attendees express a strong affection for the theater, highlighting their enjoyment of events and performances. The nostalgic charm of the venue resonates with the community, and patrons appreciate the ongoing efforts to enhance its offerings. Overall, there’s a sense of pride in the local theater, with numerous positive remarks about its atmosphere and the work being done by the staff.
People are enthusiastic about the experiences provided, often mentioning the sense of community that the Majestic Theatre fosters. The positive sentiment reflects satisfaction with both the entertainment and the preservation of this cherished local landmark.
This AI summary has been generated from reviews found on Facebook.
Is Majestic Theatre Inc legitimate?
Majestic Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Majestic Theatre 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.majesticchillicothe.net
What is the mission statement of Majestic Theatre Inc?
Majestic Theatre Inc's mission is centered around fostering interest in the local and surrounding community in the theater art form. The organization is also dedicated to preserving and renovating the historically significant Majestic Theatre. Their activities extend beyond theatrical performances, as they also engage in programs of community interest. Essentially, Majestic Theatre Inc aims to maintain the theater's historical significance while encouraging appreciation for the performing arts in their community.
Official website here: www.majesticchillicothe.net
What is the revenue of Majestic Theatre Inc?
Majestic Theatre Inc's revenue in 2024 was $344,654.
Official website here: www.majesticchillicothe.net
Who are the executives of Majestic Theatre Inc and what are their salaries?
There 28 volunteers at Majestic Theatre Inc.
Here are 12 key members and their salaries:
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Official website here: www.majesticchillicothe.net
Where can I find the form 990 for Majestic Theatre Inc?
Majestic Theatre Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.majesticchillicothe.net
Learn more at the official website: www.majesticchillicothe.net
Mission Statement of Majestic Theatre Inc
Majestic Theatre Inc, a renowned organization, is committed to fostering interest in the local and surrounding community in the realm of theater. Their primary mission is twofold: to preserve and renovate the historically significant Majestic Theatre, and to promote its relevance in the community. This mission is carried out through the production of theatrical performances and the implementation of programs that cater to community interests. By doing so, Majestic Theatre Inc plays a significant role in preserving the rich cultural heritage of theater, while simultaneously engaging and educating the community about this art form.
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Impact
July, 2024
Majestic Theatre Inc in Chillicothe, Ohio, has made a significant impact by promoting interest in local theater and preserving the historically significant Majestic Theatre. Through their productions and community programs, they have enriched the cultural fabric of the area and provided opportunities for residents to engage with the arts. Their dedication to preserving the theater's history ensures that future generations can continue to enjoy its unique heritage. Overall, Majestic Theatre Inc's impact can be seen in their contributions to the local arts scene and the preservation of a historic landmark.
This information is meant to be a general summary of Majestic Theatre 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 2024.
- Investment Income: $22
- Program Service Revenue: $235,316
- Gross Receipts: $378,386
Assets and Liabilities:
- Total Assets: $1,868,443
- Total Liabilities: $406
- Net Assets: $1,868,037
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPECIAL EVENT BOX OFFI
Revenue
$235,316
Organization Details
Founding Year
1990
Principal Officer
Gene Hoyet
Website
www.majesticchillicothe.netNTEE Category
Code: N31Z - Recreation
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