Overview
What is Canton Palace Theatre Association?
The Canton Palace Theatre Association, situated in Canton, Ohio, is a dedicated nonprofit organization that preserves the historical charm of its theater while collaborating with others. Their mission lies in presenting a diverse range of cultural, entertaining, and educational experiences to the local community. By maintaining the architectural integrity of their historic theater, they serve as a hub for community engagement, fostering a rich cultural landscape. With a team of 13 dedicated individuals, the Canton Palace Theatre Association continues to enrich the lives of its community members through their partnerships and events.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating
The Canton Palace Theatre Association has received a commendable score of 86%, reflecting its effective governance and financial health. The organization boasts a fully independent board, which indicates strong oversight and commitment to transparency, with 100% of board members being independent. This strong governance structure is further supported by an impressive accountability and finance score of 86, demonstrating the organization’s dedication to responsible management of resources.
One of the notable strengths of the Canton Palace Theatre Association is its high program expense ratio of 85.63%, suggesting that a substantial portion of its funds is allocated directly to programs and services rather than administrative costs. Furthermore, the organization has no recorded material diversion of assets, underscoring its sound fiscal practices. The existence of a conflict of interest policy and regular documentation of board meeting minutes also enhances its accountability.
While the organization exhibits many strengths, there are no specific limitations mentioned in the data provided. Overall, the Canton Palace Theatre Association appears to be a well-managed nonprofit with a focus on its mission, reflecting a commitment to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Canton Palace Theatre Association legitimate?
Canton Palace Theatre Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Canton Palace 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: $77,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $277,443
For more financial information, click here
What is the mission statement of Canton Palace Theatre Association?
The Canton Palace Theatre Association's mission is to preserve the historical integrity of its theater while collaborating with other entities to provide the community with diverse cultural, entertainment, and educational experiences. By presenting a variety of programs, the association aims to enrich and educate the community, fostering a sense of shared culture and entertainment. The association's activities are centered around ensuring that the community has access to a wide range of artistic and educational offerings, enriching local cultural life.
Who is the CEO of Canton Palace Theatre Association?
Georgia Paxos is the Chairperson of Canton Palace Theatre Association.
What is the revenue of Canton Palace Theatre Association?
Canton Palace Theatre Association's revenue in 2023 was $869,824.
Who are the executives of Canton Palace Theatre Association and what are their salaries?
The average compensation at Canton Palace Theatre Association during 2023 was $27,284. There are 13 employees and 99 volunteers at Canton Palace Theatre Association.
Here are 16 key members and their salaries:
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- Compensation: $75,000
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- Other: $2,250
Where can I find the form 990 for Canton Palace Theatre Association?
Canton Palace Theatre Association's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Canton Palace Theatre Association
The Canton Palace Theatre Association, a notable entity, is committed to preserving the architectural integrity of its historic theatre. This organization goes beyond mere preservation, as it collaborates with various entities to offer the community a array of cultural, entertaining, and educational experiences. By doing so, the Canton Palace Theatre Association contributes significantly to enriching the local community's cultural landscape, fostering engagement and learning opportunities for its residents.
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Impact
October, 2024
Canton Palace Theatre Association plays a vital role in the cultural and social landscape of Canton, Ohio, by preserving the architectural integrity of its historic theatre while fostering community engagement through diverse programming. By partnering with various organizations, they create a wide range of cultural, entertainment, and educational experiences that enrich the lives of residents and visitors alike. This initiative not only enhances appreciation for the arts but also strengthens community bonds, supports local talent, and attracts tourism, contributing to the overall vibrancy of the region. Through its activities, the association ensures that the theatre remains a cherished venue for generations, serving as a hub for creativity and connection within the community.
This information is meant to be a general summary of Canton Palace 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: $433
- Program Service Revenue: $606,067
- Gross Receipts: $869,824
Assets and Liabilities:
- Total Assets: $2,005,125
- Total Liabilities: $249,381
- Net Assets: $1,755,744
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THEATRE RENTAL
Revenue
$350,822
CONCESSIONS
Revenue
$165,764
ADMISSIONS
Revenue
$76,343
MISCELLANEOUS
Revenue
$13,138
Organization Details
Founding Year
1979
Phone
(330) 454-8172Principal Officer
Georgia Paxos
Main Address
605 MARKET AVENUE NORTH, CANTON, OH, 44702
NTEE Category
Code: A600 - Arts
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