Overview
What is Waynesboro Community Theatre Project Inc?
Waynesboro Community Theatre Project Inc is a nonprofit organization with a mission to revitalize a closed cinema theatre in Waynesboro. Their primary goal is to renovate the theater into a high-quality facility, suitable for leasing to a commercial theatre operator. This project aims to boost the town's economic vitality and enhance the overall community's quality of life, offering entertainment benefits to local families. The theatre will serve as a crucial component of a vibrant downtown, contributing to the overall charm and attractiveness of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
The Waynesboro Community Theatre Project Inc received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. The organization shows strong governance features, with a fully independent board and no instances of asset diversion, which are positive indicators for stakeholders. However, the overall score reflects significant gaps in transparency and policy documentation.
While the theater's program expense ratio is commendable at nearly 86%, suggesting that a large portion of funding is directed toward its programs, there are notable shortcomings. The organization lacks essential policies such as conflict of interest and whistleblower protections, which are critical for fostering trust and accountability. Additionally, the absence of a listed website on the tax form may hinder public access to important information.
Overall, while the Waynesboro Community Theatre Project Inc demonstrates effective financial management and an independent governance structure, addressing the noted deficiencies in policy and transparency will be crucial for enhancing its rating and public trust in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Waynesboro Community Theatre Project Inc legitimate?
Waynesboro Community Theatre Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waynesboro Community Theatre Project 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: $23,644
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What is the mission statement of Waynesboro Community Theatre Project Inc?
The mission of Waynesboro Community Theatre Project Inc is centered around preserving a cinema theater as a vital part of a thriving downtown and community. Their objective is to renovate a currently closed theater into an alluring high-quality facility, which can then be leased to a commercial theater operator. By achieving this, they aim to establish a self-sustaining community asset that will boost the town's economic vitality while providing ample entertainment benefits for local families. In essence, their goal is to revitalize the theater and contribute positively to the overall community life.
Who is the CEO of Waynesboro Community Theatre Project Inc?
Stephen Beck is the Board Member of Waynesboro Community Theatre Project Inc.
What is the revenue of Waynesboro Community Theatre Project Inc?
Waynesboro Community Theatre Project Inc's revenue in 2022 was $48,473.
Who are the executives of Waynesboro Community Theatre Project Inc and what are their salaries?
The average compensation at Waynesboro Community Theatre Project Inc during 2022 was $7,881. There are 3 employees and 4 volunteers at Waynesboro Community Theatre Project Inc.
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Where can I find the form 990 for Waynesboro Community Theatre Project Inc?
Waynesboro Community Theatre Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Waynesboro Community Theatre Project Inc
Waynesboro Community Theatre Project Inc is committed to preserving a cinema theatre as a vital part of a thriving downtown and overall community well-being. Their mission is to renovate an existing closed theatre into an alluring high-quality facility, which can then be leased to a commercial theatre operator. By accomplishing this, they aim to establish a self-sustaining community asset that will not only boost the town's economic vitality but also offer delightful entertainment opportunities for local families. The ultimate goal of Waynesboro Community Theatre Project Inc is to revitalize the community by revamping the cinema theatre, thereby enhancing the overall quality of life for its residents.
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Impact
August, 2024
Waynesboro Community Theatre Project Inc's impact lies in its mission to preserve and renovate a closed cinema theatre in Waynesboro to enhance the community's quality of life and downtown vibrancy. By creating an attractive high-quality facility that can be leased to a commercial theatre operator, the organization is not only revitalizing a vital community asset but also contributing to the economic vitality of the town. Furthermore, by providing entertainment benefits to local families, the project adds to the cultural richness and social well-being of the community. Through its efforts, Waynesboro Community Theatre Project Inc is playing a crucial role in fostering a vibrant and engaging environment for residents and visitors alike.
This information is meant to be a general summary of Waynesboro Community Theatre Project 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.
- Investment Income: $13
- Program Service Revenue: $57,315
- Gross Receipts: $88,166
Assets and Liabilities:
- Total Assets: $670,845
- Total Liabilities: $15,281
- Net Assets: $655,564
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Ticket & Concession Sales
Revenue
$57,315
Organization Details
Founding Year
2015
Phone
(717) 387-2266Principal Officer
Stephen Beck
Main Address
12199 Gehr Rd, Waynesboro, PA, 17268
NTEE Category
Code: A11 - Arts
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