Overview
What is Lake Mills Entertainment Inc?
Lake Mills Entertainment Inc, a nonprofit organization, is situated within the Lake Mills School District and surrounding areas. Its primary purpose is to foster cultural, educational, and entertainment activities. The organization accomplishes this by presenting cinematic shows and producing theatrical productions. Additionally, Lake Mills Entertainment Inc promotes the arts and encourages cultural awareness, offering educational presentations to broaden community knowledge. Overall, their mission is to enrich lives through diverse forms of entertainment and learning experiences.
Official website here: www.themillstheater.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Lake Mills Entertainment Inc has received a 76% overall score from Charity Navigator, which reflects a strong performance in accountability and finance. This rating is particularly notable for being based solely on this aspect, indicating that the organization maintains a well-structured financial environment with no material diversion of assets and a high program expense ratio, showcasing its commitment to its mission.
Strengths of Lake Mills Entertainment Inc include having a fully independent board, with 10 out of 10 board members meeting this criterion. The organization also demonstrates transparency with documented board meeting minutes and has its tax form listed on its website. However, it is important to note that the organization is lacking in several policy areas, including a conflict of interest policy and procedures for whistleblowing and document retention, which could affect its governance practices.
Overall, while Lake Mills Entertainment Inc shows a solid financial standing and commitment to transparency, addressing its missing policies could enhance its accountability framework. The current rating indicates that while it is performing well in finance, there is still room for improvement in governance practices to further bolster donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Mills Entertainment Inc legitimate?
Lake Mills Entertainment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Mills Entertainment 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: $22,654
For more financial information, click here
Official website here: www.themillstheater.com
What is the mission statement of Lake Mills Entertainment Inc?
Lake Mills Entertainment Inc's mission is centered around promoting and coordinating a variety of cultural, educational, and entertainment activities. The organization primarily focuses on cinematic screenings and theatrical productions, aiming to enrich the community within the Lake Mills School District and its surrounding areas. Additionally, Lake Mills Entertainment Inc supports the arts, fosters cultural awareness, and provides educational presentations to engage and inform its audience.
Official website here: www.themillstheater.com
Who is the CEO of Lake Mills Entertainment Inc?
Kristoffer Singelstad is the Director of Lake Mills Entertainment Inc.
Official website here: www.themillstheater.com
What is the revenue of Lake Mills Entertainment Inc?
Lake Mills Entertainment Inc's revenue in 2022 was $93,881.
Official website here: www.themillstheater.com
Who are the executives of Lake Mills Entertainment Inc and what are their salaries?
The average compensation at Lake Mills Entertainment Inc during 2022 was $3,236. There are 7 employees at Lake Mills Entertainment Inc.
Here are 7 key members and their salaries:
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Official website here: www.themillstheater.com
Where can I find the form 990 for Lake Mills Entertainment Inc?
Lake Mills Entertainment Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.themillstheater.com
Learn more at the official website: www.themillstheater.com
Mission Statement of Lake Mills Entertainment Inc
Lake Mills Entertainment Inc, a nonprofit organization, is dedicated to promoting and coordinating a variety of cultural, educational, and entertainment activities within its surrounding areas and the Lake Mills School District. The primary focus of Lake Mills Entertainment is to organize cinematic showings and theatrical productions, thereby contributing to the arts and entertainment scene. Additionally, the organization is committed to fostering cultural awareness and providing educational presentations to enrich the community. Lake Mills Entertainment Inc aims to bring together individuals from various backgrounds and interests, utilizing the power of entertainment and education to unite and engage the community.
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Impact
October, 2024
Lake Mills Entertainment Inc significantly enriches the cultural landscape of the Lake Mills community and its surrounding areas. By promoting and coordinating a variety of cultural, educational, and entertainment activities, it plays a vital role in fostering community engagement and enhancing local life.
The organization focuses on cinematic showings, providing residents with access to films that may not typically be screened elsewhere, thereby broadening cultural exposure. It also produces theatrical productions, offering local talent a platform to showcase their skills and allowing audiences to enjoy diverse performances. This not only entertains but also cultivates a deeper appreciation for the arts within the community.
Through its programs promoting cultural awareness and educational presentations, Lake Mills Entertainment Inc works to educate the public about different cultures and perspectives, fostering inclusivity and understanding. These efforts contribute to a vibrant community spirit, as residents come together to experience and participate in the arts.
In summary, Lake Mills Entertainment Inc plays a crucial role in enhancing cultural vibrancy, encouraging artistic expression, and fostering educational opportunities, all of which enrich the community and promote a cohesive social fabric.
This information is meant to be a general summary of Lake Mills Entertainment 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.
- Program Service Revenue: $95,812
- Gross Receipts: $139,384
Assets and Liabilities:
- Total Assets: $1,254,004
- Total Liabilities: $192,971
- Net Assets: $1,061,033
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GATE & CONCESSIONS
Revenue
$77,367
PRODUCT SALES
Revenue
$10,707
ADVERTISING
Revenue
$7,583
MISCELLANEOUS INCOME
Revenue
$155
Organization Details
Founding Year
2003
Principal Officer
Kristoffer Singelstad
Main Address
216 W MAIN STREET, LAKE MILLS, IA, 50450
Website
www.themillstheater.comNTEE Category
Code: A65 - Arts
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