Overview
What is The Katharine Hepburn Cultural Arts Center Inc?
The Katharine Hepburn Cultural Arts Center Inc, situated in Old Saybrook, Connecticut at 300 Main Street, is a nonprofit organization dedicated to celebrating and promoting various art forms. With a team of 53 dedicated individuals, they organize and present a multitude of events, catering to local and regional theater, live concerts, dance performances, films, lectures, art exhibits, and other artistic endeavors. Their mission extends beyond entertainment, offering educational opportunities in the arts as well. By doing so, they aim to honor America's renowned actress, Katharine Hepburn, by leaving a lasting legacy of cultural enrichment.
Official website here: www.thekate.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Katharine Hepburn Cultural Arts Center Inc has achieved an impressive 96% rating, reflecting a strong commitment to accountability and finance, which scored 93%. Notably, the organization has a fully independent board with 22 members and has demonstrated robust financial integrity through various measures, including a solid audit and oversight committee. Their program expense ratio is commendable at 83.74%, indicating that a significant portion of funds is directed towards their mission-related activities.
In addition to financial metrics, the organization excels in cultural and community engagement, receiving a perfect score of 100%. They actively collect and utilize feedback, showcasing a commitment to continuous improvement and responsiveness to the community's needs. This high level of engagement reinforces their dedication to the arts and cultural initiatives.
While the data does not highlight any notable limitations, the organization’s strong performance across all evaluated areas suggests a well-managed nonprofit. Overall, The Katharine Hepburn Cultural Arts Center Inc stands out as a reputable entity in the nonprofit sector, effectively serving its mission and community.
This AI summary has been generated from information found on Charity Navigator.
Is The Katharine Hepburn Cultural Arts Center Inc legitimate?
The Katharine Hepburn Cultural Arts Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Katharine Hepburn Cultural Arts Center 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: $153,185
Professional Fundraising Fees: $0
Other Salaries and Wages: $863,170
For more financial information, click here
Official website here: www.thekate.org
What is the mission statement of The Katharine Hepburn Cultural Arts Center Inc?
The Katharine Hepburn Cultural Arts Center Inc is dedicated to preserving a diverse range of cultural and performing arts. Its mission is multifaceted, encompassing the presentation of various artistic forms such as local and regional theater, concerts, dance, film, lectures, art exhibits, and other creative pursuits. Moreover, the center offers educational opportunities in the arts, aiming to foster a lasting legacy in honor of America's renowned actress, Katharine Hepburn. This mission is realized through the production and offering of over 300 events annually to the general public.
Official website here: www.thekate.org
What is the revenue of The Katharine Hepburn Cultural Arts Center Inc?
The Katharine Hepburn Cultural Arts Center Inc's revenue in 2024 was $4,278,543.
Official website here: www.thekate.org
Who are the executives of The Katharine Hepburn Cultural Arts Center Inc and what are their salaries?
The average compensation at The Katharine Hepburn Cultural Arts Center Inc during 2024 was $18,821. There are 54 employees and 200 volunteers at The Katharine Hepburn Cultural Arts Center Inc.
Here are 24 key members and their salaries:
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Official website here: www.thekate.org
Where can I find the form 990 for The Katharine Hepburn Cultural Arts Center Inc?
The Katharine Hepburn Cultural Arts Center Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.thekate.org
Learn more at the official website: www.thekate.org
Mission Statement of The Katharine Hepburn Cultural Arts Center Inc
The Katharine Hepburn Cultural Arts Center Inc is dedicated to honoring America's iconic actress by presenting a varied array of cultural and performing arts. Its mission extends beyond entertainment, encompassing the provision of educational opportunities in the arts. This esteemed organization strives to leave a lasting legacy, ensuring the continuation of artistic exploration and appreciation for future generations. Through its initiatives, over 300 events are produced annually, showcasing a wide range of artistic endeavors, including local and regional theater, live streams, concerts, dance, film, lectures, art exhibits, and various other artistic expressions.
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Impact
July, 2024
The Katharine Hepburn Cultural Arts Center Inc's impact can be seen through its provision of over 300 diverse cultural and performing arts events to the general public. These events encompass a wide range of artistic expressions, including local and regional theater, livestreams, concerts, dance, film, lectures, art exhibits, and more. By offering these opportunities, The Katharine Hepburn Cultural Arts Center fosters creativity, promotes artistic expression, and enriches the cultural landscape of its community.
This information is meant to be a general summary of The Katharine Hepburn Cultural Arts Center 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 2024.
- Investment Income: $88,569
- Program Service Revenue: $3,219,690
- Gross Receipts: $5,127,548
Assets and Liabilities:
- Total Assets: $4,487,065
- Total Liabilities: $1,102,755
- Net Assets: $3,384,310
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Admission Fees
Revenue
$2,994,811
Concessions
Revenue
$224,879
Partner/ Outside Program
Organization Details
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