Overview
What is Levelland Wallace Theater?
The Levelland Wallace Theater is a nonprofit establishment situated in Levelland, Texas, with an address at 823 Houston Street. Its primary mission is centered around providing a diverse range of live performances for the local West Texas community, encompassing music, movies, education, and comedy. The organization is currently undergoing restoration and renovation, with the ultimate goal of transforming the Wallace Theater into a leading cinema and live performance venue in the region. With a staff of six dedicated individuals, the Levelland Wallace Theater continues to contribute to the cultural and entertainment landscape of its community.
Official website here: www.wallacetheater.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating. This rating reflects a strong overall performance, particularly in the areas of Accountability & Finance where it scored 93%. The organization demonstrates a solid commitment to financial integrity and governance, with all board members being independent and no reported material diversion of assets.
Strengths of Levelland Wallace Theater include a high level of transparency, as evidenced by their comprehensive policies on conflict of interest and whistleblower protections. They have a favorable liabilities to assets ratio of 17.12% and maintain an impressive program expense ratio of 68.87%, indicating a substantial portion of resources is directed towards their programs and services. Additionally, the organization excels in feedback collection and usage, ensuring community engagement and responsiveness.
While the organization has strong accountability measures, its score in the Culture & Community category is lower at 7%. This suggests there may be areas for improvement in fostering community involvement or outreach programs. Overall, Levelland Wallace Theater demonstrates effective financial management and a commitment to transparency but may benefit from enhancing its cultural and community engagement initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Levelland Wallace Theater legitimate?
Levelland Wallace Theater is a legitimate nonprofit organization registered as a 501(c)(3) entity. Levelland Wallace Theater 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: $46,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,659
For more financial information, click here
Official website here: www.wallacetheater.com
What is the mission statement of Levelland Wallace Theater?
The Levelland Wallace Theater's mission is centered around the restoration and renovation of the theater, with the aim of establishing it as the premier cinema and live performance venue in the western region of Texas. Through its activities, the theater has contributed to the West Texas community by providing a variety of live performances, including music, movies, education, and comedy shows.
Official website here: www.wallacetheater.com
Who is the CEO of Levelland Wallace Theater?
Alycyn Keeling is the Executive Director of Levelland Wallace Theater.
Official website here: www.wallacetheater.com
What is the revenue of Levelland Wallace Theater?
Levelland Wallace Theater's revenue in 2022 was $919,720.
Official website here: www.wallacetheater.com
Who are the executives of Levelland Wallace Theater and what are their salaries?
The average compensation at Levelland Wallace Theater during 2022 was $18,276. There are 6 employees at Levelland Wallace Theater.
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Official website here: www.wallacetheater.com
Where can I find the form 990 for Levelland Wallace Theater?
Levelland Wallace Theater's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wallacetheater.com
Learn more at the official website: www.wallacetheater.com
Mission Statement of Levelland Wallace Theater
The Levelland Wallace Theater, a notable entity, is committed to the restoration and renovation of its namesake venue. Its ultimate goal is to transform the theater into a distinguished cinema and live performance hub, recognized as the premier option in West Texas. Through this endeavor, the theater has provided a wide array of live entertainment events to the local community, encompassing music, movies, education, and comedy.
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Impact
July, 2024
The Levelland Wallace Theater has had a significant impact on the West Texas community by providing numerous live performance shows, including music, movies, education, and comedy. It serves as a cultural hub, offering entertainment and artistic experiences to residents and visitors alike. Through its restoration and renovation efforts, the theater aims to become the premiere cinema and live performance venue in the region, enhancing the local arts scene and enriching the cultural landscape of Levelland, Texas.
This information is meant to be a general summary of Levelland Wallace Theater. 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: $118,793
- Gross Receipts: $925,792
Assets and Liabilities:
- Total Assets: $1,514,281
- Total Liabilities: $259,385
- Net Assets: $1,254,896
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKETED EVENTS
Revenue
$118,793
Organization Details
Founding Year
2016
Principal Officer
Alycyn Keeling
Main Address
823 HOUSTON STREET, LEVELLAND, TX, 79336
Website
www.wallacetheater.comNTEE Category
Code: A65 - Arts
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