Overview
What is Orpheum Theatre Preservation Projectltd?
Orpheum Theatre Preservation Projectltd is a nonprofit organization, established in Sioux City, Iowa, with a postal address at PO Box 5074. Their primary objective is to preserve and operate the historic Orpheum Theatre, a cultural landmark in the city. This mission aims to contribute positively to the community and the arts sector. By preserving the theatre, the organization aims to safeguard a piece of local heritage and provide an artistic platform for the community's enjoyment.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 67%, Two-Star out of Four Star rating.
The Orpheum Theatre Preservation Project has received a Two-Star rating, indicating a moderate level of performance in terms of accountability and finance. With a score of 67%, the organization shows strengths in various areas, including a fully independent board and no material diversion of assets, which reflects good governance practices.
The organization excels in its program expense ratio, allocating 94.60% of its funds directly to its programs, suggesting that the majority of its resources are dedicated to fulfilling its mission. Furthermore, the presence of independently documented board meeting minutes enhances transparency and accountability.
However, the overall rating indicates that there may be areas that require improvement to enhance the organization's efficiency and effectiveness further. Stakeholders may want to consider these aspects when evaluating the impact and sustainability of the Orpheum Theatre Preservation Project.
This AI summary has been generated from information found on Charity Navigator.
Is Orpheum Theatre Preservation Projectltd legitimate?
Orpheum Theatre Preservation Projectltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Orpheum Theatre Preservation Projectltd 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.
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What is the mission statement of Orpheum Theatre Preservation Projectltd?
The Orpheum Theatre Preservation Project Ltd's mission is focused on preserving and operating the historic Orpheum Theatre in an unspecified location. This initiative aims to contribute positively to the community and the arts sector. By successfully preserving the theatre, the project aims to bring about numerous benefits, ultimately enhancing the cultural landscape.
Who is the CEO of Orpheum Theatre Preservation Projectltd?
David Bernstein is the Board Member of Orpheum Theatre Preservation Projectltd.
What is the revenue of Orpheum Theatre Preservation Projectltd?
Orpheum Theatre Preservation Projectltd's revenue in 2022 was $2,378,892.
Who are the executives of Orpheum Theatre Preservation Projectltd and what are their salaries?
Here are 13 key members and their salaries:
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Where can I find the form 990 for Orpheum Theatre Preservation Projectltd?
Orpheum Theatre Preservation Projectltd's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Orpheum Theatre Preservation Projectltd
The Orpheum Theatre Preservation Project Ltd is committed to preserving and operating the historic Orpheum Theatre in Sioux City, Iowa. This mission aims to contribute positively to the community and the arts sector. By preserving this iconic theatre, the project seeks to preserve a significant piece of cultural heritage, providing a platform for various artistic performances and events. This endeavor not only helps in maintaining the city's rich cultural legacy but also benefits the local community by offering a venue for entertainment and artistic expression. The project's goal is to ensure the continued operation of the Orpheum Theatre, thereby contributing to the enrichment of the community and the arts sector as a whole.
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Impact
July, 2024
Orpheum Theatre Preservation Project Ltd has had a significant impact on the community of Sioux City, Iowa, by preserving and operating the historic Orpheum Theatre. Through its efforts, the organization has been able to provide a space for arts and cultural events, benefiting both the local community and the arts scene in general. The continued preservation of the Orpheum Theatre not only maintains a piece of the city's history but also contributes to the cultural vibrancy and enrichment of the area.
This information is meant to be a general summary of Orpheum Theatre Preservation Projectltd. 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: $5,352
- Program Service Revenue: $1,925,400
- Gross Receipts: $2,378,892
Assets and Liabilities:
- Total Assets: $9,421,241
- Total Liabilities: $0
- Net Assets: $9,421,241
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRODUCTION INCOME
Revenue
$1,925,400
Organization Details
Founding Year
1990
Phone
(712) 258-9164Principal Officer
David Bernstein
Main Address
PO BOX 5074, SIOUX CITY, IA, 51102
NTEE Category
Code: A800 - Arts
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