Overview
What is World War Ii Theatre Inc?
World War II Theatre Inc is a nonprofit organization based in New Orleans, Louisiana, with an address at 945 Magazine Street, ZIP code 70130. Since its opening in October 2019, the organization has been a vital component of the National World War II Museum's mission. It provides space for expanding visitor activities and educational programs, accommodates national visitors with on-campus lodging, offers discounted accommodations for museum departments and related individuals, and increases opportunities to showcase exhibits and museum collections. The organization's primary activity involves constructing and operating a hotel and conference center, supporting the educational, charitable, and social purposes of the National World War II Museum, and employing a staff of eight individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star Rating
World War II Theatre Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 79%. This rating is derived entirely from its Accountability & Finance metrics, indicating a strong emphasis on transparency and responsible financial management. The charity has demonstrated compliance with essential governance practices, including the establishment of a conflict of interest policy and a whistleblower policy.
The organization showcases an impressive record of accountability, with 92.61% of its expenses dedicated to programs, which is a positive sign for potential donors. Additionally, the board of directors is comprised of 78% independent members, ensuring objective oversight and governance. The financial statements are subject to an audit and oversight committee, further enhancing trust in its operations.
However, while the charity scores highly in accountability, the absence of ratings in other beacons indicates areas where further assessment might be beneficial. Prospective supporters may want to consider looking into its programmatic impact and overall mission effectiveness to gain a fuller understanding of the organization's contributions to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is World War Ii Theatre Inc legitimate?
World War Ii Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. World War Ii Theatre 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: $363,613
For more financial information, click here
What is the mission statement of World War Ii Theatre Inc?
World War II Theatre Inc operates a hotel and conference center, functioning as a crucial component in supporting the educational, charitable, and social objectives of the National World War II Museum. Since its opening in October 2019, the venue has significantly contributed to the museum's mission in various ways. It offers space to accommodate the expanding range of visitor activities and educational programs. The Higgins provides lodging for the museum's national visitors, many of whom come from out of state, ensuring their unique needs and schedules are catered to. Moreover, it offers discounted accommodations for museum departments, program participants, and connected individuals year-round. The hotel and conference center also create new opportunities to showcase the museum's exhibits and collections. By generating additional funds, the center contributes significantly to the museum's mission.
Who is the CEO of World War Ii Theatre Inc?
Stephen Watson is the CEO of World War Ii Theatre Inc The CEO's salary of World War Ii Theatre Inc is $0 and their total compensation is $827,413.
What is the revenue of World War Ii Theatre Inc?
World War Ii Theatre Inc's revenue in 2024 was $20,537,615.
Who are the executives of World War Ii Theatre Inc and what are their salaries?
The average compensation at World War Ii Theatre Inc during 2024 was $25,972. There are 14 employees at World War Ii Theatre Inc.
Here are 15 key members and their salaries (World War Ii Theatre Inc's CEO's salary is $0 and their total compensation is $827,413):
- Compensation: $0
- Related: $725,090
- Other: $102,323
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- Related: $374,411
- Other: $15,515
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- Other: $0
- Compensation: $106,399
- Related: $0
- Other: $13,054
- Compensation: $0
- Related: $511,776
- Other: $37,066
Where can I find the form 990 for World War Ii Theatre Inc?
World War Ii Theatre Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of World War Ii Theatre Inc
World War II Theatre Inc, a dedicated organization, is committed to constructing and operating a hotel and conference center that supports the educational, charitable, and social purpose of the National World War II Museum. By bringing together individuals from various backgrounds and parts of the country, the Higgins, as the center is named, has become a vital component of the museum's outreach efforts since its opening in October 2019.
The Higgins plays an essential role in accommodating the museum's expanding selection of visitor activities and educational programs. Its spacious facilities provide a conducive environment for hosting a range of events, allowing the museum to broaden its reach and impact. Furthermore, the hotel caters to the unique needs and schedules of the National World War II Museum's international visitors, who make up 87% of its out-of-state guests.
In addition to providing accommodations, the Higgins offers discounted prices for the museum's departments, program participants, and associated individuals year-round. This strategic move not only ensures a steady stream of visitors but also fosters a sense of community and collaboration among those connected to the museum. Moreover, the hotel's existence creates new opportunities to exhibit the museum's collections and share its stories with an even wider audience.
The Higgins' operations also contribute to raising additional funds for the museum's mission. By generating revenue through its hotel and conference services, the organization can invest more resources into achieving its goals, ultimately enhancing the museum's ability to educate, inspire, and preserve the history of World War II.
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Impact
October, 2024
World War II Theatre Inc has made a significant impact through its operation of The Higgins hotel and conference center, which supports the educational and outreach mission of the National World War II Museum. Since opening in October 2019, The Higgins has become a vital asset, providing essential space for various visitor activities and educational programs.
It caters to the museum’s national audience, with 87% of its visitors traveling from out of state, by offering on-campus lodging that accommodates their unique needs. The Higgins also ensures year-round, discounted accommodation for museum departments, program participants, and affiliated individuals, which enables broader access to the museum's resources.
Furthermore, the venue has created new opportunities for the museum to expand its exhibits and share its extensive collection, enriching the visitor experience. By raising additional funds, The Higgins plays a crucial role in supporting the museum's mission, allowing for continued educational initiatives and community engagement that honor the legacy of World War II.
This information is meant to be a general summary of World War Ii Theatre 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 2024.
- Program Service Revenue: $20,056,365
- Gross Receipts: $20,537,615
Assets and Liabilities:
- Total Assets: $73,912,581
- Total Liabilities: $56,845,202
- Net Assets: $17,067,379
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OPERATING REVENUE
Revenue
$20,056,365
Organization Details
Founding Year
2007
Principal Officer
Stephen Watson
NTEE Category
Code: A11 - Arts
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