Overview
What is Foundation 154 Inc?
Foundation 154 Inc is a nonprofit organization based in Elba, Alabama. Their primary mission is to restore the historic Elba Theatre and transform it into a performing arts center. They've successfully completed Phase 2 of construction, securing funds for a ticket booth, concession stand, and a replica of the original marquee. The organization has also engaged in educational and artistic programming in collaboration with Auburn University and the Caroline Marshall Draughon Center for the Arts & Humanities, as well as a summer education series for children with the Elba Public Library. Additionally, Foundation 154 Inc has hosted various community events, including the Elba High School band banquet and prom. Their activities are aimed at promoting education and charitable purposes through the revitalization of this historic landmark.
Is Foundation 154 Inc legitimate?
Foundation 154 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation 154 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: $0
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What is the mission statement of Foundation 154 Inc?
Foundation 154 Inc's mission is centered around restoring the historic Elba Theatre and transforming it into a functioning performing arts center. This restoration effort serves a dual purpose, also aiming to promote educational and charitable initiatives. After completing fundraising for Phase 2 of construction, the organization has secured funds for installing a ticketing booth, concession stand, and a historic replica of the original marquee. Foundation 154 Inc has been actively engaged in hosting educational and artistic programs in collaboration with Auburn University and the Caroline Marshall Draughon Center for the Arts & Humanities. Furthermore, they have organized a summer education series for kids with the Elba Public Library and hosted various community gatherings, such as the Elba High School band banquet and prom.
Who is the CEO of Foundation 154 Inc?
Justin Maddox is the President of Foundation 154 Inc.
What is the revenue of Foundation 154 Inc?
Foundation 154 Inc's revenue in 2022 was $135,119.
Who are the executives of Foundation 154 Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Foundation 154 Inc?
Foundation 154 Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Foundation 154 Inc
Foundation 154 Inc, a nonprofit organization, is dedicated to restoring the historic Elba Theatre and transforming it into a functioning performing arts center. This restoration project serves a dual purpose: not only does it aim to revive the theater, but it also seeks to promote educational and charitable causes. The organization has successfully secured funds for Phase 2 of construction, which includes installing a ticket booth, concession stand, and a replica of the original marquee. These efforts have been boosted by grants from various entities.
Beyond the physical restoration, Foundation 154 Inc is also committed to promoting education and charitable causes through artistic and educational programming. In collaboration with Auburn University and the Caroline Marshall Draughon Center for the Arts & Humanities, the foundation has hosted a series of events. Additionally, it has partnered with the Elba Public Library to offer a summer education series for children. The organization has also provided a platform for various community gatherings, such as the Elba High School Band Banquet and the Elba High School Prom. These initiatives reflect Foundation 154 Inc's dedication to serving its community and fostering a love for the arts.
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Impact
October, 2024
Foundation 154 Inc has significantly impacted the community by restoring the historic Elba Theatre into a vibrant performing arts center. By completing fundraising for Phase 2 of construction, the organization secured $196,495 to enhance the venue with a ticketing booth, concession stand, and a historically accurate replica of the original marquee. This revitalization not only preserves a piece of local history but also enriches the cultural landscape of Elba.
The organization actively promotes educational and artistic programming in collaboration with Auburn University and the Caroline Marshall Draughon Center for the Arts & Humanities. This includes hosting a summer education series for children in partnership with the Elba Public Library, fostering creativity and learning among the youth in the area.
Additionally, Foundation 154 Inc serves as a gathering place for the community, hosting events such as the Elba High School band banquet and prom, which strengthen local connections and provide opportunities for residents to come together. Through its efforts, Foundation 154 Inc is not just restoring a theater; it is cultivating a space for artistic expression, education, and community engagement in Elba.
This information is meant to be a general summary of Foundation 154 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: $3,848
- Gross Receipts: $135,119
Assets and Liabilities:
- Total Assets: $477,849
- Total Liabilities: $72,000
- Net Assets: $405,849
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THEATRE USE
Revenue
$3,848
Organization Details
Founding Year
2014
Principal Officer
Justin Maddox
Main Address
PO BOX 373, Elba, AL, 36323
NTEE Category
Code: A61 - Arts
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