Overview
What is Grand Theatre Foundation Inc?
Grand Theatre Foundation Inc, located in Wausau, Wisconsin, is a nonprofit organization with a focus on charitable, scientific, literary, and educational pursuits. Their primary mission revolves around promoting and advancing the performing and visual arts, as well as enhancing the understanding of art within the central Wisconsin area. To achieve these objectives, they undertake renovation projects, such as restoration work, improvements, repairs, replacements, and maintenance for the Grand Theatre. By doing so, they contribute to the cultural landscape of their community, providing a platform for artistic expression and appreciation.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The Grand Theatre Foundation Inc demonstrates strengths in accountability and finance, highlighted by a perfect score for having a fully independent board and a program expense ratio of 99.51%. Additionally, the organization has no liabilities relative to its assets, indicating a solid financial footing.
Despite these strengths, the foundation has several limitations that impact its overall rating. It is missing key policies including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Furthermore, the absence of the nonprofit's tax form on their website detracts from transparency and accessibility, which are important for donor confidence.
Overall, while the Grand Theatre Foundation Inc shows positive financial health and robust governance structures, the lack of critical policies and documentation could raise concerns for potential supporters regarding its operational transparency. Addressing these issues could help improve its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Grand Theatre Foundation Inc legitimate?
Grand Theatre Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand Theatre 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Grand Theatre Foundation Inc?
The Grand Theatre Foundation Inc is dedicated to serving charitable, scientific, literary, and educational purposes. A significant part of their mission involves promoting and advancing the performing and visual arts, aiming to increase understanding and appreciation of art in the Central Wisconsin area. Their activities primarily focus on the restoration, improvement, and maintenance of the Grand Theatre, ensuring its continued operation for the community's enjoyment.
Who is the CEO of Grand Theatre Foundation Inc?
William Tehan is the President of Grand Theatre Foundation Inc.
What is the revenue of Grand Theatre Foundation Inc?
Grand Theatre Foundation Inc's revenue in 2022 was $17,216.
Who are the executives of Grand Theatre Foundation Inc and what are their salaries?
There 8 volunteers at Grand Theatre Foundation Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Grand Theatre Foundation Inc?
Grand Theatre Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Grand Theatre Foundation Inc
The Grand Theatre Foundation Inc, a charitable organization, is dedicated to serving a noble purpose. Its mission is multifaceted, encompassing both educational and artistic endeavors. The foundation aims to promote and advance the performing and visual arts within its community, thereby fostering a deeper understanding and appreciation of art. By doing so, the Grand Theatre Foundation Inc seeks to contribute significantly to the cultural landscape of its area.
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Impact
August, 2024
Grand Theatre Foundation Inc's impact is centered around the renovation and restoration of cultural facilities, particularly the Grand Theatre in Wausau, Wisconsin. By carrying out repairs, replacements, and maintenance at this venue, the foundation contributes to the preservation and enhancement of the performing and visual arts in the Central Wisconsin area. Through its charitable, scientific, literary, and educational activities, the foundation promotes and furthers the understanding of art, enriching the cultural landscape of the community.
This information is meant to be a general summary of Grand Theatre 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $90
- Gross Receipts: $17,216
Assets and Liabilities:
- Total Assets: $6,003,463
- Total Liabilities: $0
- Net Assets: $6,003,463
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Organization Details
Founding Year
1985
Phone
(715) 355-2264Principal Officer
William Tehan
Main Address
PO BOX 8050, WAUSAU, WI, 54402
NTEE Category
Code: A82Z - Arts
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