Overview
What is Save The Lorraine Foundation?
The Save the Lorraine Foundation is a nonprofit organization dedicated to reviving a local theater with the aim of boosting its community value. Their primary focus is on restoring the theater, which they believe will benefit the whole community. At present, they are generating funds and building awareness in the community by exhibiting films at a smaller theater. Simultaneously, they continue their work on restoring the Lorraine Theater.
Is Save The Lorraine Foundation legitimate?
Save The Lorraine Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Save The Lorraine Foundation 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.
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What is the mission statement of Save The Lorraine Foundation?
The Save the Lorraine Foundation's mission is centered around restoring a local theater, with the aim of enhancing its value for the entire community. Currently, the organization is raising funds and building awareness by screening movies at a smaller venue, all while continuing the renovation work on the main Lorraine theater. The ultimate goal is to revitalize the theater and contribute positively to the community as a whole.
What is the revenue of Save The Lorraine Foundation?
Save The Lorraine Foundation's revenue in 2023 was $211,267.
Who are the executives of Save The Lorraine Foundation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Save The Lorraine Foundation?
Save The Lorraine Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Save The Lorraine Foundation
The Save The Lorraine Foundation is dedicated to revitalizing a local theater, aiming to increase its worth and impact within the community. Currently, the organization is undertaking this mission by exhibiting films at a smaller venue. This not only serves as a means to generate funds and raise awareness within the community but also allows the foundation to continue its work on restoring the Lorraine Theatre. Ultimately, the Save The Lorraine Foundation's mission is to restore the theatre, thereby benefiting the entire community.
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Impact
October, 2024
The Save The Lorraine Foundation plays a vital role in revitalizing the cultural landscape of Hoopeston, IL, through the restoration of the Lorraine Theatre. By working to enhance the theatre’s value, the foundation aims to create a communal space that fosters engagement and enjoyment for all residents.
Currently, they are actively showing films at a smaller venue, utilizing this platform not only as a fundraising initiative but also to increase community awareness and support for the Lorraine's restoration. This approach not only cultivates a love for the arts but also strengthens community bonds, making the theatre a focal point for entertainment and cultural enrichment. The impact of their efforts can be seen in the enthusiasm generated among locals and the expectation of a vibrant, restored theatre that will serve the community for generations to come.
This information is meant to be a general summary of Save The Lorraine 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 2023.
- Investment Income: $23
- Program Service Revenue: $10,188
- Gross Receipts: $211,267
Assets and Liabilities:
- Total Assets: $482,657
- Total Liabilities: $21,886
- Net Assets: $460,771
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL
Revenue
$10,188
Organization Details
Principal Officer
Alex Houmes
NTEE Category
Code: A99 - Arts
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