Overview
What is Fremont Opera House Inc?
Fremont Opera House Inc is a nonprofit organization located at 541 N BROAD, FREMONT, NE 68025. Their primary mission is to preserve and continue the operation of the historical landmark building known as the Fremont Opera House. This involves rehabilitation and maintenance efforts to ensure the building's longevity and continued use as a cultural landmark in the community. The organization's activities are centered around the restoration and operation of this significant historic site.
Official website here: www.fremontoperahouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
Fremont Opera House Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid score of 76%. This rating is primarily based on the organization's accountability and finance metrics. The nonprofit excels in areas such as having a fully independent board, with 100% of its members meeting this criterion, and it maintains a favorable liabilities to assets ratio of 3.23%, indicating sound financial health.
Despite its strengths, the organization faces notable challenges in governance. Specifically, there are several missing policies, including a conflict of interest policy, whistleblower policy, and document retention policy, which detract from its overall accountability score. Additionally, the nonprofit has not posted its tax form on its website as required, which further highlights areas for improvement in transparency and adherence to best practices.
Overall, while Fremont Opera House Inc demonstrates commendable financial management and governance through its independent board, addressing the identified policy gaps will be crucial for enhancing its accountability and potentially improving its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Fremont Opera House Inc legitimate?
Fremont Opera House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fremont Opera House 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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Official website here: www.fremontoperahouse.org
What is the mission statement of Fremont Opera House Inc?
The mission of Fremont Opera House Inc is centered around the rehabilitation, maintenance, and continued operation of a historic landmark building. This iconic structure, known as the Fremont Opera House, serves as the primary focus of their activities. Their goal is to preserve and maintain the opera house, ensuring its continued operation for future generations to enjoy. The organization's efforts aim to restore the historical building to its former glory, ensuring it remains a significant cultural landmark. Their work is essential in preserving the heritage and promoting the appreciation of the arts within the community.
Official website here: www.fremontoperahouse.org
Who is the CEO of Fremont Opera House Inc?
Lee Meyer is the President of Fremont Opera House Inc.
Official website here: www.fremontoperahouse.org
What is the revenue of Fremont Opera House Inc?
Fremont Opera House Inc's revenue in 2022 was $59,659.
Official website here: www.fremontoperahouse.org
Who are the executives of Fremont Opera House Inc and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.fremontoperahouse.org
Where can I find the form 990 for Fremont Opera House Inc?
Fremont Opera House Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fremontoperahouse.org
Learn more at the official website: www.fremontoperahouse.org
Mission Statement of Fremont Opera House Inc
Fremont Opera House Inc is dedicated to preserving and maintaining the historical landmark building known as the Fremont Opera House. Their mission revolves around the rehabilitation and continued operation of this iconic building, ensuring its longevity and continued contribution to the community. Through meticulous maintenance and restoration efforts, Fremont Opera House Inc upholds the heritage and charm of this historical site, allowing it to continue serving as a cultural hub for future generations.
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Impact
August, 2024
The Fremont Opera House Inc has made a significant impact by rehabilitating, maintaining, and continuing the operation of the historic landmark building known as Fremont Opera. By preserving this historical gem, the organization plays a crucial role in safeguarding a piece of cultural heritage for the community. Through its dedication to maintenance and restoration, Fremont Opera House Inc contributes to the arts scene in Fremont, Nebraska, enriching the local cultural landscape and providing a platform for artistic expression.
This information is meant to be a general summary of Fremont Opera House 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 2022.
- Investment Income: $1,597
- Program Service Revenue: $38,853
- Gross Receipts: $59,659
Assets and Liabilities:
- Total Assets: $167,954
- Total Liabilities: $5,500
- Net Assets: $162,454
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ARTS PRGM/SPEC EVNT RENTAL
Revenue
$38,853
Organization Details
Founding Year
1975
Phone
(402) 753-0778Principal Officer
Lee Meyer
Main Address
541 N BROAD, FREMONT, NE, 68025
Website
www.fremontoperahouse.orgNTEE Category
Code: A61 - Arts
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