Overview
What is The Hippodrome-Colony Historical Theatre Association?
The Hippodrome-Colony Historical Theatre Association is a dedicated nonprofit organization located in Marietta, Ohio. Their primary mission is to revitalize and preserve the city's iconic Hippodrome Theatre, transforming it into a vibrant venue for performing arts and community events. This restoration project is driven by the organization's commitment to educate and raise awareness within the community. By operating, restoring, and preserving this historical landmark, the Hippodrome-Colony Historical Theatre Association aims to contribute to Marietta's cultural scene, while maintaining its rich heritage.
Official website here: www.peoplesbanktheatre.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star Rating)
The Hippodrome-Colony Historical Theatre Association has earned an 86% overall score, reflecting its strong accountability and financial health. The organization has a perfect score in several key areas, including having a fully independent board and maintaining no material asset diversions. This level of governance suggests a commitment to transparency and responsible financial stewardship.
A significant strength of the organization is its high program expense ratio of 78.38%, indicating that a substantial portion of its funding is directed toward its mission-related activities. Additionally, the association has demonstrated compliance with essential policies, such as having a conflict of interest policy and providing access to meeting minutes and tax forms on its website.
However, some areas for improvement are noted, specifically the absence of a whistleblower policy and document retention policy, which scored zero out of seven points. While these gaps do not detract from the overall positive assessment of the organization, addressing them could further enhance its governance framework.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Hippodrome-Colony Historical Theatre Association?
92% of 396 reviewers on Facebook recommend The Hippodrome-Colony Historical Theatre Association. Here is a summary of their reviews:
Many attendees express enthusiastic appreciation for the events hosted at this venue, highlighting the quality and enjoyment of performances, such as the recent Nitty Gritty Dirt Band show, which was described as "absolutely awesome." The positive sentiments reflect a strong community support for the programming and an overall satisfied audience.
Visitors clearly feel that the organization delivers engaging and high-quality entertainment, making it a valued part of the cultural landscape. The positive experiences indicate that patrons are eager to continue attending future events and recommend the theater to others.
This AI summary has been generated from reviews found on Facebook.
Is The Hippodrome-Colony Historical Theatre Association legitimate?
The Hippodrome-Colony Historical Theatre Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Hippodrome-Colony Historical Theatre Association 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: $371,750
For more financial information, click here
Official website here: www.peoplesbanktheatre.com
What is the mission statement of The Hippodrome-Colony Historical Theatre Association?
The Hippodrome-Colony Historical Theatre Association is a non-profit organization with a mission to oversee the operation, restoration, and preservation of the iconic Hippodrome Theatre in Marietta, Ohio. Their primary goal is to revitalize the community theatre by raising awareness and educating the local population. The association also strives to develop a venue for performing arts and community activities, ensuring that it retains its historic character. By doing so, they aim to contribute to Marietta's cultural landscape and offer a space for various community engagements.
Official website here: www.peoplesbanktheatre.com
What is the revenue of The Hippodrome-Colony Historical Theatre Association?
The Hippodrome-Colony Historical Theatre Association's revenue in 2023 was $2,742,232.
Official website here: www.peoplesbanktheatre.com
Who are the executives of The Hippodrome-Colony Historical Theatre Association and what are their salaries?
The average compensation at The Hippodrome-Colony Historical Theatre Association during 2023 was $11,265. There are 33 employees and 123 volunteers at The Hippodrome-Colony Historical Theatre Association.
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Official website here: www.peoplesbanktheatre.com
Where can I find the form 990 for The Hippodrome-Colony Historical Theatre Association?
The Hippodrome-Colony Historical Theatre Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.peoplesbanktheatre.com
Learn more at the official website: www.peoplesbanktheatre.com
Mission Statement of The Hippodrome-Colony Historical Theatre Association
The Hippodrome-Colony Historical Theatre Association is a non-profit organization committed to the operation, restoration, and preservation of Marietta, Ohio's iconic Hippodrome Theatre. Their mission, in essence, is to safeguard this historical landmark and breathe new life into it, transforming it into a community theatre. They achieve this by raising awareness and educating the community about the importance of preserving such cultural gems. The association also aims to establish the theatre as a venue for performing arts and community activities, ensuring it maintains its historic character. By doing so, The Hippodrome-Colony Historical Theatre Association contributes to the rich cultural heritage of Marietta, Ohio, providing a stage for local talent and fostering a sense of community through the shared experience of live performance.
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Impact
October, 2024
The Hippodrome-Colony Historical Theatre Association plays a vital role in the cultural revitalization of Marietta, Ohio. Its dedication to the operation, restoration, and preservation of the landmark Hippodrome Theatre fosters a deep appreciation for the arts within the community. Through renovation projects and educational initiatives, the association raises awareness about the historical significance of this venue, transforming it into a hub for performing arts and community activities. By maintaining the theatre's historic character, it not only enhances the local cultural landscape but also strengthens community bonds, engages residents, and attracts visitors, contributing significantly to Marietta's overall vibrancy and appeal.
This information is meant to be a general summary of The Hippodrome-Colony Historical Theatre Association. 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 2023.
- Investment Income: $28,618
- Program Service Revenue: $2,033,224
- Gross Receipts: $2,742,232
Assets and Liabilities:
- Total Assets: $5,951,856
- Total Liabilities: $121,449
- Net Assets: $5,830,407
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT ADMISSIONS
Revenue
$1,664,046
THEATRE RENTAL
Revenue
$117,433
CONCESSION INCOME
Revenue
$96,916
TICKET COMMISSIONS
Revenue
$78,633
SPONSORSHIPS
Revenue
$66,705
Organization Details
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