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Grand Theater Foundation Inc

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

EIN: 352464040 ✦ Knoxville, IA ✦ Designated as a 501(c)(3)

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Overview

What is Grand Theater Foundation Inc?

Grand Theater Foundation Inc, a community-focused nonprofit organization based in Knoxville, Iowa, operates a local movie theater and events venue. With a mission to provide a communal space for entertainment, this 16-employee strong foundation has established itself as a vital part of the community, offering a venue for special events. The Grand Theater Foundation Inc serves as a hub for community engagement, fostering a sense of unity and enjoyment through its cinematic and event offerings.

Is Grand Theater Foundation Inc legitimate?

Grand Theater Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand Theater Foundation 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: $23,660
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,832

For more financial information, click here

What is the mission statement of Grand Theater Foundation Inc?

The Grand Theater Foundation Inc is a community-focused non-profit organization, with a mission to establish and maintain a community-based theater and events venue. Their primary activity involves operating a local movie theater and hosting various events. The foundation aims to provide a space for the community to come together, fostering a sense of unity and entertainment through the performing arts. By offering a venue for local events, the Grand Theater Foundation Inc aims to contribute to the cultural and social life of the community.

Who is the CEO of Grand Theater Foundation Inc?

Curt Schwanebeck is the Exec. Direct of Grand Theater Foundation Inc.

What is the revenue of Grand Theater Foundation Inc?

Grand Theater Foundation Inc's revenue in 2020 was $143,461.

Who are the executives of Grand Theater Foundation Inc and what are their salaries?

The average compensation at Grand Theater Foundation Inc during 2020 was $2,468. There are 16 employees and 8 volunteers at Grand Theater Foundation Inc.


Here are 6 key members and their salaries:


Sean Skeehan (Exec. Direct)
  • Compensation: $23,660
  • Related: $0
  • Other: $0
Kerry Garcia (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lily Maasdam (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pennie Sommar (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Thomas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curt Schwanebeck (Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Grand Theater Foundation Inc?

Grand Theater Foundation Inc's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Grand Theater Foundation Inc

Grand Theater Foundation Inc, as a community non-profit organization, is established with a mission to provide a community-based theater and host local events. This mission translates into operating a movie theater and events venue that serves the local community. The foundation's objective is to create a space where community members can gather, engage, and enjoy various events and performances. By providing a community-based theater, Grand Theater Foundation Inc contributes to fostering a sense of community and shared experiences, thereby enriching the lives of its residents.

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Impact




October, 2024

Grand Theater Foundation Inc positively impacts the community of Knoxville, IA by providing a dedicated space for arts and entertainment. Through the operation of a community-based movie theater and events venue, it fosters a vibrant cultural scene that brings residents together for film screenings, special events, and local gatherings. This initiative not only enhances access to the arts but also strengthens community bonds, promotes local talent, and encourages community engagement. By serving as a hub for entertainment and social interaction, the foundation contributes to the overall well-being and enrichment of the Knoxville community.




This information is meant to be a general summary of Grand Theater Foundation 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
$143,461 (2020)
Expenses
$162,928 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Program Service Revenue: $94,652
  • Gross Receipts: $143,461

Assets and Liabilities:

  • Total Assets: $541,424
  • Total Liabilities: $14,443
  • Net Assets: $526,981

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Programs

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

TICKET/CONCESSION SALES

Revenue

$92,485

THEATER RENTALS

Revenue

$2,167

Organization Details

Founding Year

2012

Principal Officer

Curt Schwanebeck

Main Address

212 E ROBINSON ST, KNOXVILLE, IA, 50138

NTEE Category

Code: A65 - Arts

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