Overview
What is Haylofters Inc?
Haylofters Inc, situated in Burlington, Wisconsin, is a nonprofit community theater group, established with the objective of fostering the theatrical arts in the local area. Their primary mission is to offer a creative platform for local talent, producing and showcasing top-notch theatrical productions. By doing so, Haylofters Inc plays a vital role in enriching the cultural landscape of Burlington, providing entertainment and artistic growth opportunities for its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
Haylofters Inc has received a Two-Star rating from Charity Navigator, indicating some areas of strength but also notable weaknesses in governance and transparency. The organization excels with a high program expense ratio of 97.51%, reflecting a strong commitment to its mission-driven programs. Additionally, it boasts a fully independent board and has demonstrated effective management of its assets, with no liabilities reported.
However, the organization faces significant challenges in areas of accountability and transparency. Key policies, such as a conflict of interest policy and a whistleblower policy, are missing, which raises concerns about organizational governance. Furthermore, the absence of its website listed on tax forms and other documentation points can impact the public's ability to assess the organization fully. These limitations contribute to its overall rating and highlight potential areas for improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Haylofters Inc legitimate?
Haylofters Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Haylofters 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Haylofters Inc?
Haylofters Inc, as a community theater group, is committed to promoting the artistic realm of theatrical productions. Their mission is to serve as a platform, providing an artistic outlet for local talent in the area. They achieve this by producing and presenting high-quality theatrical performances, catering to the community's interest in the performing arts. This non-profit organization aims to foster creativity, encourage talent development, and contribute to the cultural enrichment of the community through the medium of theater.
What is the revenue of Haylofters Inc?
Haylofters Inc's revenue in 2020 was $18,461.
Who are the executives of Haylofters Inc and what are their salaries?
There 40 volunteers at Haylofters Inc.
Here are 5 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Haylofters Inc?
Haylofters Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Haylofters Inc
Haylofters Inc, a community-based organization, is dedicated to fostering the theatrical arts in its local area. Their primary mission is to serve as a platform for local talent, offering them an opportunity to showcase their skills through the production and presentation of high-quality theatrical productions. By doing so, Haylofters Inc contributes to the cultural enrichment of its community, providing an artistic outlet that entertains and engage its residents.
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Impact
August, 2024
Haylofters Inc has a significant impact on the Burlington, Wisconsin area by promoting the theatrical arts and providing an artistic outlet for local talent. Through their high-quality theatrical productions, they contribute to the cultural enrichment of the community and offer opportunities for individuals to engage in and appreciate the arts. By nurturing creativity and showcasing talent, Haylofters Inc plays a vital role in fostering a vibrant arts scene in Burlington.
This information is meant to be a general summary of Haylofters 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 2020.
- Investment Income: $52
- Program Service Revenue: $3,683
- Gross Receipts: $18,461
Assets and Liabilities:
- Total Assets: $68,621
- Total Liabilities: $0
- Net Assets: $68,621
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Theater Revenue
Revenue
$3,683
Organization Details
Founding Year
1943
Principal Officer
Pamela Schroeder
NTEE Category
Code: A20 - Arts
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