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Toledo Cultural Arts Center Inc

Valentine Theatre

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

EIN: 341385037 ✦ Toledo, OH ✦ Designated as a 501(c)(3)

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Overview

What is Toledo Cultural Arts Center Inc?

The Toledo Cultural Arts Center Inc, located at 410 Adams St, Toledo, OH 43604, is a not-for-profit organization dedicated to offering a diverse array of performing arts events. Their mission is to enrich the cultural and economic life of the city of Toledo, Lucas County, Northwest Ohio, and Southeast Michigan, catering to diverse audiences of all ages. During this fiscal year, they presented a total of 102 events at the Valentine Theatre, attracting 51,143 patrons. As a hub for cultural experiences, they produce and provide events ranging from children's programming to theatrical Broadway performances. Their workforce consists of 137 dedicated individuals.


Official website here: www.valentinetheatre.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star rating

The Toledo Cultural Arts Center Inc has achieved a respectable three-star rating, reflecting a score of 81% based exclusively on its Accountability & Finance metrics. This rating indicates a solid commitment to financial transparency and responsible management in its operations, which is crucial for gaining public trust and confidence in nonprofit organizations.

Strengths highlighted in the assessment include a fully independent board with 21 members, a robust program expense ratio of 76.30%, and comprehensive policies in place, such as conflict of interest and whistleblower policies. These factors contribute positively to the organization’s governance and financial health, indicating that it effectively allocates a significant portion of its resources toward its programs and mission.

However, while the organization presents strong accountability measures, the overall rating relies solely on financial metrics. There may be other qualitative aspects of performance and impact that are not captured by these numbers alone, which could provide a fuller picture of the organization's effectiveness in serving its community.


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

Is Toledo Cultural Arts Center Inc legitimate?

Toledo Cultural Arts Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Toledo Cultural Arts Center 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: $100,219
Professional Fundraising Fees: $0
Other Salaries and Wages: $643,340

For more financial information, click here


Official website here: www.valentinetheatre.com

What is the mission statement of Toledo Cultural Arts Center Inc?

The Toledo Cultural Arts Center Inc, as a not-for-profit organization, is committed to producing and providing various cultural and performing arts experiences for diverse audiences of all ages. Their mission is to enhance the quality of cultural and economic life in their community, which spans beyond the city of Toledo, Lucas County, Northwest Ohio, and Southeast Michigan. Through their activities, they present a wide range of performing arts events, catering to audiences from children's programming to theatrical Broadway productions. The center aims to draw audience members to their events, as demonstrated by the 51,143 patrons who attended the 102 events presented in the recent fiscal year at the Valentine Theatre.


Official website here: www.valentinetheatre.com

Who is the CEO of Toledo Cultural Arts Center Inc?

Abby Glanville is the Executive Director of Toledo Cultural Arts Center Inc.


Official website here: www.valentinetheatre.com

What is the revenue of Toledo Cultural Arts Center Inc?

Toledo Cultural Arts Center Inc's revenue in 2023 was $1,896,648.


Official website here: www.valentinetheatre.com

Who are the executives of Toledo Cultural Arts Center Inc and what are their salaries?

The average compensation at Toledo Cultural Arts Center Inc during 2023 was $5,427. There are 137 employees and 85 volunteers at Toledo Cultural Arts Center Inc.


Here are 22 key members and their salaries:


Jori Jex (Executive Director)
  • Compensation: $94,744
  • Related: $0
  • Other: $2,842
Clare Gorski (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Rectenwald (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Nicholson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Kline (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carroll Ashley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Aust (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Bowe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard L Berry (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Freeman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Finch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Loeb (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Owens (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Palmer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Miller Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Stockwell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Sweeney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Toney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Traci Watkins Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Wolff (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mira Rendina (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Stengle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.valentinetheatre.com

Where can I find the form 990 for Toledo Cultural Arts Center Inc?

Toledo Cultural Arts Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.valentinetheatre.com

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

Mission Statement of Toledo Cultural Arts Center Inc

The Toledo Cultural Arts Center Inc, a non-profit organization, is dedicated to producing and providing a variety of cultural and performing arts experiences for diverse audiences of all ages. Their mission is to enrich the quality of life in the community by presenting a diverse selection of events, ranging from children's programming to theatrical Broadway productions. By doing so, they aim to contribute positively to the cultural and economic landscape of the city and its surrounding regions. In this fiscal year, they successfully presented 102 events, attracting a total of 51,143 patrons to the Valentine Theatre.

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Impact




October, 2024

Toledo Cultural Arts Center Inc plays a pivotal role in enriching the cultural landscape of Toledo and its surrounding regions. By producing and providing a wide array of cultural and performing arts experiences, the center reaches diverse audiences across all age groups. Each year, it presents an impressive selection of events, with 102 performances drawing over 51,000 patrons to the Valentine Theatre.

These events range from children's programming to major theatrical productions, contributing significantly to the local cultural vibrancy. The center's commitment to fostering artistic expression enhances not only the quality of life for residents but also boosts the local economy by attracting visitors and supporting local artists and performers. By serving as a gateway to the arts, the Toledo Cultural Arts Center Inc cultivates community engagement and appreciation for the performing arts, ensuring that cultural experiences are accessible to all.




This information is meant to be a general summary of Toledo Cultural Arts Center 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
$1,896,648 (2023)
Expenses
$2,077,047 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $156,412
  • Program Service Revenue: $1,035,486
  • Gross Receipts: $2,861,845

Assets and Liabilities:

  • Total Assets: $8,693,481
  • Total Liabilities: $133,336
  • Net Assets: $8,560,145

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Programs

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

SHOW PRODUCTION

Revenue

$662,554

THEATRE OPERATIONS

Revenue

$372,932

Organization Details

Founding Year

1982

Principal Officer

Abby Glanville

Main Address

410 ADAMS ST, TOLEDO, OH, 43604

NTEE Category

Code: A610 - Arts

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