Overview
What is Friends Of The Historic Genesee Theatre?
Friends of the Historic Genesee Theatre is a nonprofit organization situated in Waukegan, Illinois, specifically at 203 North Genesee Street. Their primary mission is to preserve and maintain the historic Genesee Theatre, offering outstanding customer service to patrons. They strive to contribute to community development by presenting top-notch entertainment in Lake County, thereby supporting and reinvesting funds into the theatre's programs and ongoing upkeep. With a team of 158 dedicated individuals, they are committed to enhancing local pride and cultural experiences through the Genesee Theatre.
Official website here: www.geneseetheatre.com
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 92% (Four-Star out of Four Star Rating)**
The Friends Of The Historic Genesee Theatre has achieved a 92% rating from Charity Navigator, reflecting strong accountability and financial health. This rating is based entirely on their accountability and finance score, with commendable metrics such as 100% independent board members and high program expense ratios, indicating efficiency in utilizing funds for their mission.
Key strengths of the organization include robust financial oversight, with an excellent ratio of liabilities to assets, demonstrating sound financial management. Additionally, the absence of any material diversions of assets further underscores their commitment to integrity. However, the organization does lack a whistleblower policy, which may be a limitation in terms of internal transparency and governance practices.
As there are no user reviews from GreatNonprofits available, further insights from the public perspective on their programs and impact are currently not accessible.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Historic Genesee Theatre legitimate?
Friends Of The Historic Genesee Theatre is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Historic Genesee Theatre 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: $1,062,149
For more financial information, click here
Official website here: www.geneseetheatre.com
What is the mission statement of Friends Of The Historic Genesee Theatre?
The mission of Friends of the Historic Genesee Theatre is centered around community development and fostering pride. Their primary goal is to bring high-quality entertainment to Lake County, thereby supporting and advancing the mission of the Friends organization. A significant part of their mission involves raising and reinvesting funds into the programs and ongoing maintenance of the Genesee Theatre. By doing so, they aim to contribute to the preservation and upkeep of this historic venue, while providing exceptional customer service to its patrons.
Official website here: www.geneseetheatre.com
Who is the CEO of Friends Of The Historic Genesee Theatre?
Brian Shenker is the Chairman of Friends Of The Historic Genesee Theatre.
Official website here: www.geneseetheatre.com
What is the revenue of Friends Of The Historic Genesee Theatre?
Friends Of The Historic Genesee Theatre's revenue in 2022 was $7,549,561.
Official website here: www.geneseetheatre.com
Who are the executives of Friends Of The Historic Genesee Theatre and what are their salaries?
The average compensation at Friends Of The Historic Genesee Theatre during 2022 was $6,722. There are 158 employees and 40 volunteers at Friends Of The Historic Genesee Theatre.
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Official website here: www.geneseetheatre.com
Where can I find the form 990 for Friends Of The Historic Genesee Theatre?
Friends Of The Historic Genesee Theatre's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.geneseetheatre.com
Learn more at the official website: www.geneseetheatre.com
Mission Statement of Friends Of The Historic Genesee Theatre
Friends of the Historic Genesee Theatre is dedicated to community development and fostering a sense of pride by bringing first-class entertainment to Lake County. Their primary mission is to support and maintain the Genesee Theatre, raising and reinvesting funds into its programs and ongoing upkeep. By doing so, they aim to provide outstanding customer service to their patrons, thereby contributing to the overall cultural and entertainment landscape of the community.
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Impact
October, 2024
Friends Of The Historic Genesee Theatre significantly enhances community development and pride in Lake County by providing first-class entertainment options. By operating and maintaining the Genesee Theatre, they ensure that the venue remains a vibrant hub for cultural and artistic experiences, which fosters a sense of belonging and unity among residents.
Their commitment to outstanding customer service ensures that patrons have memorable experiences, which contributes to a positive atmosphere within the community. Furthermore, by raising and reinvesting funds into various programs and the ongoing upkeep of the theatre, they help ensure the venue's sustainability for future generations. This not only preserves an important historical site but also enriches the local arts scene, making it an integral part of Waukegan and the surrounding area's cultural landscape.
This information is meant to be a general summary of Friends Of The Historic Genesee Theatre. 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: $883
- Program Service Revenue: $5,525,554
- Gross Receipts: $7,549,561
Assets and Liabilities:
- Total Assets: $6,363,148
- Total Liabilities: $996,920
- Net Assets: $5,366,228
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET INCOME
Revenue
$4,864,035
CONCESSIONS
Revenue
$442,544
EVENT REVENUE
Revenue
$196,131
MEMBERSHIP
Revenue
$22,844
Organization Details
Founding Year
1980
Phone
(847) 599-2830Principal Officer
Brian Shenker
Main Address
203 NORTH GENESEE STREET, WAUKEGAN, IL, 60085
Website
www.geneseetheatre.comNTEE Category
Code: A61 - Arts
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