Overview
What is Marigny Opera House Foundation?
The Marigny Opera House Foundation, located at 725 St Ferdinand Street, New Orleans, LA 70117, is a nonprofit organization with a mission to enhance the lives of the local community. They aim to revitalize the former Holy Trinity Church building, transforming it into a significant cultural hub. As a resource center, it serves as a venue for performing arts and community gatherings, celebrations, and weddings. The Marigny Opera House Foundation also houses Marigny Opera Ballet, its resident company, which produces original contemporary ballets with live musical accompaniment. The ballet company, led by Dave Hurlbert and Jarina Carvalho, hires various talents such as choreographers, composers, musicians, and designers, to create new works annually, typically between October and March. The foundation employs a team of three dedicated individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. The Marigny Opera House Foundation holds a Two-Star out of Four Star rating with an overall score of 70%. While the organization demonstrates strong leadership and adaptability, as evidenced by a perfect score in those areas, there are significant concerns regarding transparency and financial accountability.
The foundation has a majority independent board, which is a positive aspect, but it falls short in providing essential financial documents and policies, leading to a low Accountability & Finance score of 67. Specifically, there is a lack of financial statements, a missing website on the tax form, and absent conflict of interest and whistleblower policies. These deficiencies may hinder the organization's credibility and trustworthiness among stakeholders.
On a positive note, the foundation excels in its program expense ratio, dedicating 79.20% of its expenditures to its programs, along with having no liabilities—indicating sound fiscal health. The commitment to leadership investment further highlights the organization's focus on growth and adaptability in response to external challenges. However, the absence of key policies and documentation remains a critical area for improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Marigny Opera House Foundation legitimate?
Marigny Opera House Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marigny Opera House Foundation 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: $39,981
Professional Fundraising Fees: $820
Other Salaries and Wages: $104,365
For more financial information, click here
What is the mission statement of Marigny Opera House Foundation?
The Marigny Opera House Foundation's mission is centered around improving the lives of the community in New Orleans. They aim to restore the former Holy Trinity Church building to its previous role as a spiritual and artistic hub for the performing arts. This renovated space will serve as a venue for community gatherings, celebrations, and weddings, thereby enriching the local culture. The foundation's objective is to revitalize this historical building and transform it into a resource center that fosters artistic expression and community engagement.
Who is the CEO of Marigny Opera House Foundation?
Rex Leatherbury is the President of Marigny Opera House Foundation.
What is the revenue of Marigny Opera House Foundation?
Marigny Opera House Foundation's revenue in 2022 was $501,265.
Who are the executives of Marigny Opera House Foundation and what are their salaries?
The average compensation at Marigny Opera House Foundation during 2022 was $48,115. There are 3 employees at Marigny Opera House Foundation.
Here are 13 key members and their salaries:
- Compensation: $90,000
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- Other: $0
- Compensation: $39,981
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- Other: $0
Where can I find the form 990 for Marigny Opera House Foundation?
Marigny Opera House Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Marigny Opera House Foundation
The Marigny Opera House Foundation aims to enhance the lives of individuals in New Orleans by restoring the former Holy Trinity Church building to its previous role as a communal hub for spiritual, artistic, and social activities. This inclusive space serves as a venue for the performing arts, community gatherings, celebrations, and weddings. The foundation's mission is driven by the desire to reintegrate this historical building into the community, providing a resourceful center that fosters both spiritual and artistic growth.
In essence, the Marigny Opera House Foundation seeks to revitalize the community by transforming the former church into a vibrant center for artistic expression and communal activities. By offering a stage for the performing arts, the foundation encourages local talent and fosters cultural appreciation. Simultaneously, the foundation provides a setting for community events, celebrations, and social gatherings, thereby promoting a sense of unity and shared experiences among the residents of New Orleans. Additionally, the foundation offers a venue for weddings, allowing couples to celebrate their union within a beautiful and meaningful setting.
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Impact
July, 2024
The Marigny Opera House Foundation's impact is centered around revitalizing the former Holy Trinity Church building in New Orleans to serve as a spiritual and artistic resource center for the community. As the home of the Marigny Opera Ballet, the foundation supports the production of original contemporary ballets with live musical accompaniment, contributing to the cultural vibrancy of the city. Through its work, the foundation not only fosters artistic expression but also provides a space for community gatherings, celebrations, and weddings, enriching the lives of the people of New Orleans.
This information is meant to be a general summary of Marigny Opera House Foundation. 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: $284,204
- Gross Receipts: $501,265
Assets and Liabilities:
- Total Assets: $111,671
- Total Liabilities: $0
- Net Assets: $111,671
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Ticket Sales
Revenue
$79,244
Rentals
Revenue
$204,960
Organization Details
Founding Year
2012
Principal Officer
Rex Leatherbury
Main Address
725 St Ferdinand Street, New Orleans, LA, 70117
NTEE Category
Code: A61 - Arts
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