Overview
What is Community Theatre Building Corporation?
The Community Theatre Building Corporation is a nonprofit entity situated in Cedar Rapids, Iowa, specifically at 102 3rd St SE Deignan. Its primary purpose is to support and manage a theater building, serving as the venue for performances organized by the Community Theatre of Cedar Rapids, Inc., a publicly backed cultural organization. By maintaining and operating this real estate, the Community Theatre Building Corporation contributes to the local cultural scene, providing a platform for artistic expressions and entertainment within the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
The Community Theatre Building Corporation has received a commendable Three-Star rating from Charity Navigator, indicating a strong standing in accountability and finance. The rating reflects a perfect score in several key areas, including having a fully independent board and a low liabilities to assets ratio, suggesting prudent financial management.
Strengths of this organization include a high program expense ratio of 88.38%, which demonstrates a commitment to directing funds towards its mission rather than administrative costs. Additionally, the presence of a detailed conflict of interest policy and the documentation of board meeting minutes further enhance transparency and governance practices within the organization.
While the organization excels in accountability and financial health, the overall rating is based solely on these aspects, indicating that there may be limited information on other operational dimensions. Overall, the Community Theatre Building Corporation shows a solid commitment to financial integrity and effective governance.
This AI summary has been generated from information found on Charity Navigator.
Is Community Theatre Building Corporation legitimate?
Community Theatre Building Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Theatre Building Corporation 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 Community Theatre Building Corporation?
The Community Theatre Building Corporation's mission is centered around maintaining and operating real estate, specifically a theater building. This facility serves as the venue for performances organized by the Community Theatre of Cedar Rapids, Inc., a publicly supported cultural organization. By doing so, the Corporation contributes to the arts and culture scene, providing a space for the community to engage in theatrical performances.
Who is the CEO of Community Theatre Building Corporation?
Pat Deignan is the President/Treasurer of Community Theatre Building Corporation.
What is the revenue of Community Theatre Building Corporation?
Community Theatre Building Corporation's revenue in 2022 was $67,471.
Who are the executives of Community Theatre Building Corporation and what are their salaries?
There 16 volunteers at Community Theatre Building Corporation.
Here are 16 key members and their salaries:
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Where can I find the form 990 for Community Theatre Building Corporation?
Community Theatre Building Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Community Theatre Building Corporation
The Community Theatre Building Corporation is dedicated to maintaining and operating real estate that serves as a home for the Community Theatre of Cedar Rapids, Inc., a publicly supported cultural organization. This nonprofit organization is responsible for preserving and managing a theater building, where the performances arranged by the Community Theatre of Cedar Rapids, Inc., take place. The Community Theatre Building Corporation plays a crucial role in supporting this 501(c)(3) exempt organization, ensuring that it has a suitable venue to showcase its artistic productions and engage with the local community.
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Impact
August, 2024
Community Theatre Building Corporation has a significant impact on the cultural life of Cedar Rapids, Iowa, by providing a dedicated space for the Community Theatre of Cedar Rapids, Inc. This organization maintains and operates a theatre building that serves as a hub for various performances and artistic endeavors, contributing to the local arts scene. Through its support of a publicly supported cultural organization, the Community Theatre Building Corporation helps foster creativity, community engagement, and the appreciation of the arts in the region.
This information is meant to be a general summary of Community Theatre Building Corporation. 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: $67,088
- Gross Receipts: $67,869
Assets and Liabilities:
- Total Assets: $5,786,735
- Total Liabilities: $0
- Net Assets: $5,786,735
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Organization Details
Founding Year
1931
Phone
(319) 431-7706Principal Officer
Pat Deignan
Main Address
102 3RD ST SE CO DEIGNAN, CEDAR RAPIDS, IA, 52401
NTEE Category
Code: A110 - Arts
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