Overview
What is Friends Of The Paradise Theatre?
Friends of the Paradise Theatre is a nonprofit organization situated in Paonia, Colorado, catering to the North Fork Valley's population of around 9,000 people. The organization's mission is to improve the community's quality of life by facilitating educational, cultural, and various other community activities. They achieve this by offering high-standard multimedia and live performances, presenting stories that contribute to our collective growth. The Paradise Theatre serves as a public space for community events and hosts a range of cultural and educational programs for individuals of all ages.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)
Friends Of The Paradise Theatre demonstrates strong financial accountability and transparency, reflected in its impressive 94% score from Charity Navigator. The organization boasts a fully independent board, with all ten members free from conflicts of interest, which enhances its governance credibility. The absence of any material diversion of assets and a solid whistleblower policy contribute to building trust among donors and stakeholders.
The organization's focus on program expenses is notable, with a program expense ratio of 79.75%, indicating that a significant portion of its funds directly support its mission. This effective allocation of resources suggests a commitment to maximizing the impact of its programs and initiatives. Furthermore, the low liabilities to assets ratio of 40.06% signals a healthy financial standing, which is essential for long-term sustainability.
While Friends Of The Paradise Theatre excels in many areas, ongoing vigilance in maintaining its governance practices and financial health will be crucial as it grows and adapts to future challenges. Overall, its strong rating is a positive indicator for potential donors and participants seeking to support an effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Paradise Theatre legitimate?
Friends Of The Paradise Theatre is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Paradise Theatre 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,736
For more financial information, click here
What is the mission statement of Friends Of The Paradise Theatre?
Friends of the Paradise Theatre operates with a mission to enrich the lives of its community by offering opportunities for educational, cultural, and various other activities. The organization is dedicated to providing top-notch multimedia and live performances, thereby contributing to a more enriched existence. By serving as a public space for community-related activities and facilitating cultural and educational programs, Friends of the Paradise Theatre caters to individuals of all ages in its locality, without disclosing its specific location. The mission of this organization is centered around providing a platform that fosters growth and learning, promoting a sense of community and shared experiences.
What is the revenue of Friends Of The Paradise Theatre?
Friends Of The Paradise Theatre's revenue in 2023 was $216,876.
Who are the executives of Friends Of The Paradise Theatre and what are their salaries?
The average compensation at Friends Of The Paradise Theatre during 2023 was $5,521. There are 11 employees at Friends Of The Paradise Theatre.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Friends Of The Paradise Theatre?
Friends Of The Paradise Theatre's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Friends Of The Paradise Theatre
Friends of the Paradise Theatre, abbreviated as FoPT, strives to enhance the quality of life in various communities by offering opportunities for educational, cultural, and other community-related activities. This nonprofit organization is dedicated to providing top-notch multimedia and live performances, aiming to enrich lives through storytelling. FoPT serves a population of approximately 9,000 individuals, located in an unspecified area, by offering a public space for community activities and facilitating cultural and educational programs for people of all ages.
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Impact
October, 2024
Friends of the Paradise Theatre significantly enhances the quality of life in the North Fork Valley by creating vibrant opportunities for educational, cultural, and community engagement. Their commitment to providing high-quality multimedia and live performances fosters a rich cultural environment, allowing residents and visitors alike to experience diverse artistic expressions.
By offering a public space for community-related activities, they facilitate gatherings that strengthen social ties among the approximately 9,000 residents. Their programs cater to all ages, ensuring that everyone in the community can participate in cultural and educational experiences. This leveling of access helps to enrich lives through storytelling and art, making it a focal point for shared experiences and creative expression in Paonia, CO.
Overall, Friends of the Paradise Theatre plays a crucial role in nurturing artistic talents, promoting cultural diversity, and fostering community spirit, which ultimately enriches the lives of individuals throughout the North Fork Valley.
This information is meant to be a general summary of Friends Of The Paradise Theatre. 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: $18
- Program Service Revenue: $122,979
- Gross Receipts: $216,876
Assets and Liabilities:
- Total Assets: $205,615
- Total Liabilities: $91,000
- Net Assets: $114,615
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$122,979
Organization Details
Principal Officer
Jay Canode
NTEE Category
Code: A65 - Arts
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