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Strand Theatre Preservation Society Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 550778290 ✦ Moundsville, WV ✦ Designated as a 501(c)(3)

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Overview

What is Strand Theatre Preservation Society Inc?

The Strand Theatre Preservation Society Inc, located in Moundsville, West Virginia, is a nonprofit organization with a mission to revitalize the historic Strand Theatre building. Their primary objective is to host a variety of events such as shows, plays, movies, children's activities, and community events, aiming to stimulate social, cultural, and economic growth within the community. The society diligently works towards achieving this goal by exploring and implementing strategies to bring the Strand Theatre back to its former glory.


Official website here: www.strandtheatrewv.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

The Strand Theatre Preservation Society Inc received an overall score of 83%, which is primarily based on its Accountability & Finance metrics. The organization has demonstrated strong governance practices, highlighted by its fully independent board of 11 members and no material diversion of assets, indicating a commitment to ethical management.

While the organization excels in several areas, including transparency and a high program expense ratio of 71.83%, there are notable limitations. The lack of a whistleblower policy and missing document retention and destruction policies suggest areas for improvement in organizational governance practices. Despite these limitations, the charity's financial health, as evidenced by a liabilities to assets ratio of 0.00%, is commendable.

Overall, the Strand Theatre Preservation Society Inc shows solid fiscal responsibility and effective governance, but attention to policy gaps could enhance its accountability further.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Strand Theatre Preservation Society Inc?

82% of 24 reviewers on Facebook recommend the Strand Theatre Preservation Society Inc. Here's a summary of their reviews:

Many patrons express a high level of satisfaction with the experience, particularly mentioning the venue as a wonderful location for special events. One user highlighted their child's birthday celebration, noting that it was a perfect choice and even sparked plans for another party the following year. This sentiment indicates that the organization successfully provides a memorable atmosphere for its guests.

Overall, the feedback suggests that the Strand Theatre Preservation Society excels in offering a delightful experience to visitors, reinforcing its positive reputation within the community.


This AI summary has been generated from reviews found on Facebook.

Is Strand Theatre Preservation Society Inc legitimate?

Strand Theatre Preservation Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Strand Theatre Preservation Society 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

For more financial information, click here


Official website here: www.strandtheatrewv.com

What is the mission statement of Strand Theatre Preservation Society Inc?

The Strand Theatre Preservation Society Inc's mission is to explore and implement strategies for the revitalization of a local theater. This is with the ultimate goal of contributing to social, cultural, and economic growth within the community. The society's activities extend to hosting a variety of events, such as shows, plays, movies, children's events, and community functions, at the historic Strand Theatre building. The objective is to promote this theater as a vital asset, enhancing the community's cultural landscape and fostering a sense of shared experience.


Official website here: www.strandtheatrewv.com

Who is the CEO of Strand Theatre Preservation Society Inc?

Joan Palmer is the Board Member of Strand Theatre Preservation Society Inc.


Official website here: www.strandtheatrewv.com

What is the revenue of Strand Theatre Preservation Society Inc?

Strand Theatre Preservation Society Inc's revenue in 2022 was $212,645.


Official website here: www.strandtheatrewv.com

Who are the executives of Strand Theatre Preservation Society Inc and what are their salaries?

There 25 volunteers at Strand Theatre Preservation Society Inc.


Here are 11 key members and their salaries:


Sara Jo Anderson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Grisell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Inclan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Knuth (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roberta Underdonk (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Fox (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Palmer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Vucelick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Jones (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Wilt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelley Bidka (Board Memeber)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.strandtheatrewv.com

Where can I find the form 990 for Strand Theatre Preservation Society Inc?

Strand Theatre Preservation Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.strandtheatrewv.com

Learn more at the official website: www.strandtheatrewv.com

Mission Statement of Strand Theatre Preservation Society Inc

The Strand Theatre Preservation Society Inc, a nonprofit organization, is dedicated to revitalizing the operation of the Strand Theatre in an undisclosed location. Their primary mission is to bring about social, cultural, and economic growth in the community by restoring the theatre to its former glory. This nonprofit organization seeks out and develops innovative strategies to achieve this goal, ultimately working towards promoting the community's well-being through theatrical events. They host a variety of shows, plays, movies, children's events, and community gatherings at the historic Strand Theatre building, contributing to the entertainment and cultural landscape of the community.

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Impact




October, 2024

Strand Theatre Preservation Society Inc significantly contributes to the community of Moundsville, WV by revitalizing the historic Strand Theatre, thereby enhancing the social and cultural landscape of the area. The organization organizes a diverse range of events, including shows, plays, movies, and children's activities, which foster community engagement and provide entertainment options for residents of all ages.

By bringing these events to life, the Society not only preserves the historic value of the Strand Theatre but also stimulates local economic growth. Increased foot traffic during events can lead to business for nearby shops and restaurants. Additionally, the revitalization efforts serve to attract visitors from outside the area, further benefiting the local economy.

In essence, the Strand Theatre Preservation Society Inc plays a crucial role in not just preserving a piece of Moundsville's history, but also in promoting a vibrant community atmosphere that encourages social connections and cultural enrichment.




This information is meant to be a general summary of Strand Theatre Preservation Society 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.

Revenue
$212,645 (2022)
Expenses
$107,043 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $24,066
  • Program Service Revenue: $47,026
  • Gross Receipts: $342,799

Assets and Liabilities:

  • Total Assets: $1,594,850
  • Total Liabilities: $0
  • Net Assets: $1,594,850

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SHOWS AND MOVIES

Revenue

$47,026

Organization Details

Founding Year

2000

Principal Officer

Joan Palmer

Main Address

804 Fifth Street, Moundsville, WV, 26041

NTEE Category

Code: A80 - Arts

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