Overview
What is Grand Opera House Inc?
Grand Opera House Inc, a Delaware-based nonprofit organization, is dedicated to broadening people's horizons by presenting a wide range of acclaimed performers and preserving a historic landmark in Wilmington. With a staff of 153, they strive to celebrate cultural diversity and provide educational opportunities, ensuring culturally literate future generations. Their main venue, Grand Opera House, is a cherished architectural gem that hosts various live performances and contributes to the economic vitality of downtown Wilmington. In January 2015, they acquired and began operating another historic theater, the Playhouse on Rodney Square, which is the oldest continuously-operating theater on the national circuit. Together, these theaters uplift the human spirit and maintain a significant influence on the cultural resources of the Brandywine Valley.
Official website here: www.thegrandwilmington.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Grand Opera House Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its exemplary performance in accountability and finance. The organization scored a perfect 100% in this category, indicating strong financial health and transparent operations. This rating is significant as it assures donors that their contributions are being managed responsibly.
The organization benefits from an entirely independent board, which enhances its governance structure. With 28 independent members, Grand Opera House Inc has established a robust oversight mechanism, supported by a comprehensive audit and oversight committee. Furthermore, its commitment to ethical practices is underscored by policies on conflicts of interest, whistleblower protections, and document retention, all of which are documented and publicly accessible.
While the nonprofit demonstrates strong financial ratios, including a low liabilities-to-assets ratio and a high program expense ratio, no limitations were noted in the available data. The organization appears to operate efficiently, utilizing a significant portion of its budget for program expenses, which further cements its reputation as a responsible steward of donor funds.
This AI summary has been generated from information found on Charity Navigator.
Is Grand Opera House Inc legitimate?
Grand Opera House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand Opera House 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: $171,257
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,069,601
For more financial information, click here
Official website here: www.thegrandwilmington.org
What is the mission statement of Grand Opera House Inc?
The Grand Opera House Inc enriches its community by presenting diverse live performances and educational programs in a welcoming, patron-centered environment. As proud stewards, the organization celebrates cherished historic theaters, which create economic vitality and uplift the human spirit. The Grand Opera House broadens horizons by showcasing acclaimed performers and preserving architectural landmarks. Its programming reflects and celebrates the cultural diversity of the community and offers educational opportunities, ensuring culturally literate future generations. Through technical excellence, commitment to being the venue of choice, and architectural integrity, the Grand Opera House influences the revitalization of downtown areas and enhances cultural resources. In 2015, the Grand Opera House acquired the operations of another historic theater, the Playhouse, and continues to maintain and operate it under a lease from the current owner.
Official website here: www.thegrandwilmington.org
Who is the CEO of Grand Opera House Inc?
Mark Fields is the Executive Director - Ex-Of of Grand Opera House Inc.
Official website here: www.thegrandwilmington.org
What is the revenue of Grand Opera House Inc?
Grand Opera House Inc's revenue in 2022 was $13,599,568.
Official website here: www.thegrandwilmington.org
Who are the executives of Grand Opera House Inc and what are their salaries?
The average compensation at Grand Opera House Inc during 2022 was $14,646. There are 153 employees and 195 volunteers at Grand Opera House Inc.
Here are 79 key members and their salaries:
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Official website here: www.thegrandwilmington.org
Where can I find the form 990 for Grand Opera House Inc?
Grand Opera House Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thegrandwilmington.org
Learn more at the official website: www.thegrandwilmington.org
Mission Statement of Grand Opera House Inc
Grand Opera House Inc, a distinguished non-profit organization, is dedicated to entertaining, engaging, and enriching the community through diverse live performances and educational programs. This mission is carried out in a welcoming, patron-centered environment, with the organization proudly celebrating its cherished historic theaters that contribute to economic vitality and uplift the human spirit.
The Grand Opera House strives to broaden horizons by presenting a range of artistically acclaimed performers and preserving one of Delaware's architectural landmarks. Its programming reflects and celebrates the cultural diversity of the community and offers educational opportunities, helping ensure culturally literate future generations of audiences. By maintaining its architectural integrity, technical excellence, and commitment to being the venue of choice for Delaware's performing arts organizations, the Grand Opera House continues to influence the revitalization of downtown Wilmington and enhances the cultural resources of the Brandywine Valley.
In January 2015, the Grand Opera House assumed operations of another historic theater in downtown Wilmington, the Playhouse on Rodney Square. The Playhouse, which opened in 1913, is the oldest, continuously-operating theater on the national circuit and is now more than 100 years old. Although the Grand Opera House acquired the theater business and some purchased assets from the DuPont Company, it operates the facility under a lease from the current owner. The Playhouse's rich history and the Grand Opera House's dedication to preserving its architectural treasures make for a compelling and culturally significant endeavor.
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Impact
October, 2024
Grand Opera House Inc plays a vital role in enriching the cultural landscape of Wilmington, Delaware, by providing diverse live performances and educational programs that engage the community. Its programming showcases a wide array of artistically acclaimed performers, celebrating the cultural diversity of the region while expanding audiences' horizons.
By preserving significant architectural landmarks such as the Grand Opera House and the Playhouse on Rodney Square, the organization not only maintains historical integrity but also fosters economic vitality within the downtown area. These venues serve as essential cultural hubs, attracting visitors and invigorating the local economy.
The Grand's commitment to education ensures that future generations develop cultural literacy through exposure to the arts. This dedication to both performance and education helps lift the human spirit, creating a welcoming atmosphere where community members can come together to experience the transformative power of the arts.
Overall, Grand Opera House Inc serves as a cornerstone of cultural engagement, revitalizing Wilmington's downtown and enhancing the Brandywine Valley's cultural resources, while maintaining its status as a nationally acclaimed restored historic theater.
This information is meant to be a general summary of Grand Opera House 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: $78,222
- Program Service Revenue: $1,854,676
- Gross Receipts: $13,687,516
Assets and Liabilities:
- Total Assets: $18,206,983
- Total Liabilities: $1,699,362
- Net Assets: $16,507,621
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$1,854,676
Organization Details
Founding Year
1871
Phone
(302) 658-7897Principal Officer
Mark Fields
Main Address
818 N MARKET STREET, WILMINGTON, DE, 19801
Website
www.thegrandwilmington.orgNTEE Category
Code: A800 - Arts
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