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Friends Of The State Theatre Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 461943430 ✦ Stoughton, MA ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of The State Theatre Corp?

Friends of the State Theatre Corp is a nonprofit organization with a mission to revitalize the historic, abandoned State Theatre in downtown Stoughton. They have managed to secure a state grant to commence their restoration endeavors, demonstrating their determination and community support. The organization aims to raise funds and generate interest in the project, ultimately bringing the beloved theatre back to life.

Is Friends Of The State Theatre Corp legitimate?

Friends Of The State Theatre Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The State Theatre Corp submitted a form 990EZ, 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.

What is the mission statement of Friends Of The State Theatre Corp?

The mission of Friends Of The State Theatre Corp is centered around mobilizing community support and securing financial resources for the revitalization of a historic, unused theater located in a downtown area. They have accomplished this by securing a state grant, marking the beginning of their restoration efforts. The organization's primary objective is to breathe new life into this significant cultural landmark.

Who is the CEO of Friends Of The State Theatre Corp?

John Stagnone is the President of Friends Of The State Theatre Corp.

What is the revenue of Friends Of The State Theatre Corp?

Friends Of The State Theatre Corp's revenue in 2022 was $560.

Who are the executives of Friends Of The State Theatre Corp and what are their salaries?


Here are 4 key members and their salaries:


John Stagnone (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Manburg (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Max Ponticelli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Ragno (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Friends Of The State Theatre Corp?

Friends Of The State Theatre Corp's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Friends Of The State Theatre Corp

Friends of the State Theatre Corp is a dedicated organization with a mission to mobilize the local community and raise funds for the revitalization of the historic, dormant State Theatre situated in downtown Stoughton. They have successfully secured a state grant to kick-start their restoration efforts. This nonprofit aims to breathe new life into the theatre, preserving its historical value and making it a vibrant cultural hub for the community.

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Impact




October, 2024

Friends Of The State Theatre Corp has a significant impact on the Stoughton community by working to restore the historic State Theatre, which has been dormant for years. Their efforts not only aim to revitalize a key cultural landmark but also foster community engagement and pride. By rallying local support and securing funding, including a state grant, they demonstrate a commitment to revitalizing the arts in the area. The restoration project is expected to enhance the downtown landscape, provide a venue for artistic expression, and stimulate local economic growth through increased foot traffic and potential job creation in the arts and hospitality sectors. Through these initiatives, Friends Of The State Theatre Corp plays a crucial role in promoting cultural enrichment and community development in Stoughton.




This information is meant to be a general summary of Friends Of The State Theatre Corp. 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.

Revenue
$560 (2022)
Expenses
$44 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $375
  • Gross Receipts: $560

Assets and Liabilities:

  • Total Assets: $250,935
  • Total Liabilities: $251,135
  • Net Assets: -$200

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Organization Details

Principal Officer

John Stagnone

Main Address

6 Westview Dr, Stoughton, MA, 02072

NTEE Category

Code: A20 - Arts

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