Overview
What is The Michigan Theatre Of Jackson Inc?
The Michigan Theatre of Jackson Inc, located at 124 North Mechanic Street, Jackson, MI 49201, is a dedicated nonprofit organization. Their primary mission is to restore and revitalize the historic theatre, transforming it into a multifunctional venue for arts, entertainment, and education. Through their efforts, they have made significant strides in this restoration process. Furthermore, the theatre serves as a hub for the community, hosting a variety of educational and entertaining programs that engage both children and adults, drawing in thousands of attendees annually. With a team of 14 dedicated individuals, the Michigan Theatre of Jackson Inc continues to contribute to the cultural landscape of Jackson, MI.
Official website here: www.michigantheatre.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
The Michigan Theatre Of Jackson Inc has received a Two-Star rating from Charity Navigator, reflecting a score of 73%. This suggests that while the organization has some strong elements, it also has significant areas that require improvement. Notably, the theater has a fully independent board, demonstrating good governance practices in that regard.
However, the organization has received low scores in crucial accountability and transparency areas. It lacks essential financial statements, a whistleblower policy, and a document retention policy, which negatively impacts its overall accountability rating. While its program expense ratio is commendable at 89.46%, indicating that the majority of its spending goes directly to programs, the absence of financial disclosures could hinder trust among potential donors and stakeholders.
In summary, the Michigan Theatre Of Jackson Inc exhibits strengths in governance and program spending, yet it must address gaps in transparency and accountability to enhance its standing and build donor confidence. Improving these areas will be crucial for the organization’s future sustainability and growth.
This AI summary has been generated from information found on Charity Navigator.
Is The Michigan Theatre Of Jackson Inc legitimate?
The Michigan Theatre Of Jackson Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Michigan Theatre Of Jackson 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: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $153,980
For more financial information, click here
Official website here: www.michigantheatre.org
What is the mission statement of The Michigan Theatre Of Jackson Inc?
The Michigan Theatre of Jackson Inc's mission is centered around renovating and restoring a historic theater, transforming it into a versatile center for arts, entertainment, and education. This endeavor aims to cater to a diverse audience, offering a mix of educational and entertaining programs. The theater has made significant strides in its restoration process and has been providing a wide range of programs that have been enjoyed by both children and adults throughout the year, contributing positively to the local community.
Official website here: www.michigantheatre.org
What is the revenue of The Michigan Theatre Of Jackson Inc?
The Michigan Theatre Of Jackson Inc's revenue in 2023 was $4,038,299.
Official website here: www.michigantheatre.org
Who are the executives of The Michigan Theatre Of Jackson Inc and what are their salaries?
The average compensation at The Michigan Theatre Of Jackson Inc during 2023 was $15,265. There are 15 employees and 71 volunteers at The Michigan Theatre Of Jackson Inc.
Here are 12 key members and their salaries:
- Compensation: $75,000
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- Other: $0
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Official website here: www.michigantheatre.org
Where can I find the form 990 for The Michigan Theatre Of Jackson Inc?
The Michigan Theatre Of Jackson Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.michigantheatre.org
Learn more at the official website: www.michigantheatre.org
Mission Statement of The Michigan Theatre Of Jackson Inc
The Michigan Theatre of Jackson Inc is committed to renovating and restoring a historic theatre, transforming it into a versatile center for arts, entertainment, and education. This nonprofit organization's mission is to serve as a hub for a wide array of engaging and enlightening programs, catering to both children and adults. By meticulously restoring the theatre and curating a diverse selection of educational and entertaining events, The Michigan Theatre of Jackson Inc aims to contribute to the cultural growth and enjoyment of its community. The theatre has demonstrated impressive progress in achieving its goals, hosting numerous programs that have captivated thousands of attendees throughout the year.
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Impact
July, 2024
The Michigan Theatre of Jackson Inc has had a significant impact on its community by revitalizing and preserving a historic landmark while providing a vibrant center for arts, entertainment, and education. Through its restoration efforts, the theatre has not only preserved a piece of local heritage but has also created a hub for cultural enrichment and artistic expression. Thousands of children and adults have benefited from the diverse programming offered by the theatre, which has included educational and entertaining events catering to a broad audience. By serving as a versatile venue for arts and entertainment, The Michigan Theatre of Jackson Inc has become an integral part of the cultural fabric of Jackson, Michigan, contributing to the enrichment and enjoyment of its residents.
This information is meant to be a general summary of The Michigan Theatre Of Jackson 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 2023.
- Investment Income: $33,197
- Program Service Revenue: $201,089
- Gross Receipts: $4,616,732
Assets and Liabilities:
- Total Assets: $1,737,326
- Total Liabilities: $47,445
- Net Assets: $1,689,881
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCESSION SALES
Revenue
$81,509
EVENT RENTAL INCOME
Revenue
$58,055
CONCERTS/EVENTS
Revenue
$54,813
FILM ADMISSIONS
Revenue
$6,712
Organization Details
Founding Year
1993
Principal Officer
Kathryn Snyder
Website
www.michigantheatre.orgNTEE Category
Code: A610 - Arts
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