Overview
What is Newberry Opera House Foundationinc?
The Newberry Opera House Foundationinc is a nonprofit organization situated in Newberry, South Carolina, with a 400-seat performing arts center housed within a restored historic opera house building. The foundation's primary mission is to foster cultural and economic growth in Newberry and surrounding regions, including the Midlands of South Carolina, through arts and entertainment. They achieve this by hosting approximately 150 performances annually, attracting a wide range of spectators with their diverse events. The foundation's operations and activities are primarily funded through ticket sales, concessions, and donations from individuals, other foundations, and businesses. With a team of 26 dedicated employees, the Newberry Opera House Foundationinc continues to contribute to the local arts scene and community development.
Official website here: www.newberryoperahouse.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The Newberry Opera House Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. With an overall score derived entirely from its accountability and finance metrics, the organization achieved an impressive score of 94%. This rating signifies a well-managed nonprofit that prioritizes transparency and fiscal responsibility.
One of the organization's notable strengths is its governance structure, boasting a fully independent board with 17 members. This structure enhances decision-making and aligns with best practices in nonprofit management. The foundation also excels in its financial oversight, with no reported material diversions of assets and a strong liabilities to assets ratio, ensuring financial health and stability.
However, while the program expense ratio is quite solid at 68.78%, it reflects a need for ongoing evaluation of how efficiently funds are allocated to program services versus administrative costs. Overall, the Newberry Opera House Foundation demonstrates a robust performance in its accountability and financial practices, positioning itself as a trusted organization within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Newberry Opera House Foundationinc?
94% of 285 reviewers on Facebook recommend the Newberry Opera House Foundation. Here is a summary of their reviews:
Many attendees appreciate the charm of the venue, noting its intimate size which enhances the experience. People seem to enjoy their visits, with multiple mentions of having a great time during performances.
Overall, the strong recommendation rate reflects a positive sentiment towards the foundation, indicating that it consistently delivers enjoyable experiences for its patrons.
This AI summary has been generated from reviews found on Facebook.
Is Newberry Opera House Foundationinc legitimate?
Newberry Opera House Foundationinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newberry Opera House Foundationinc 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: $402,359
For more financial information, click here
Official website here: www.newberryoperahouse.com
What is the mission statement of Newberry Opera House Foundationinc?
The Newberry Opera House Foundation's mission is centered around enhancing cultural and economic development. Through the lens of arts, it aims to contribute to this development in its local area and the Midlands. The foundation operates and manages the historic Newberry Opera House Performing Arts Center, which typically hosts around 150 performances annually. The center's activities are primarily funded through admission and concession fees, sales related to events, and donations from individuals, other foundations, and businesses. The foundation's purpose also includes preserving and protecting the opera house.
Official website here: www.newberryoperahouse.com
Who is the CEO of Newberry Opera House Foundationinc?
Mr Jack Shields is the Chairman of Newberry Opera House Foundationinc.
Official website here: www.newberryoperahouse.com
What is the revenue of Newberry Opera House Foundationinc?
Newberry Opera House Foundationinc's revenue in 2022 was $3,673,500.
Official website here: www.newberryoperahouse.com
Who are the executives of Newberry Opera House Foundationinc and what are their salaries?
The average compensation at Newberry Opera House Foundationinc during 2022 was $15,475. There are 26 employees and 147 volunteers at Newberry Opera House Foundationinc.
Here are 18 key members and their salaries:
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Official website here: www.newberryoperahouse.com
Where can I find the form 990 for Newberry Opera House Foundationinc?
Newberry Opera House Foundationinc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newberryoperahouse.com
Learn more at the official website: www.newberryoperahouse.com
Mission Statement of Newberry Opera House Foundationinc
The Newberry Opera House Foundationinc is committed to enhancing the cultural and economic development of its community and the Midlands region through the medium of arts. This is achieved by operating the historic Newberry Opera House Performing Arts Center, which presents approximately 150 performances annually. The foundation's primary source of annual support comes from admission fees, concessions, and sales related to events and performances. The mission of the Newberry Opera House Performing Arts Center is to contribute to the economic and cultural growth of Newberry and its surroundings, including South Carolina's Midlands area. The foundation manages and operates the activities and operations of the Newberry Opera House, ensuring that it serves as a hub for artistic expression and community engagement.
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Impact
July, 2024
The Newberry Opera House Foundationinc's impact lies in enhancing the cultural and economic development of Newberry and the Midlands through the arts. The foundation's efforts are centered around operating the historic Newberry Opera House Performing Arts Center, a 400-seat Victorian auditorium within the renovated Opera House building. With around 150 performances annually, the foundation's primary accomplishments are gauged by the public's continued interest and attendance at scheduled artists' performances and cultural events. This organization plays a crucial role in promoting arts for all and contributing to the enrichment of the community in Newberry and its surrounding areas.
This information is meant to be a general summary of Newberry Opera House Foundationinc. 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: $23,991
- Program Service Revenue: $1,199,434
- Gross Receipts: $3,694,144
Assets and Liabilities:
- Total Assets: $5,917,873
- Total Liabilities: $210,362
- Net Assets: $5,707,511
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$1,199,434
Organization Details
Founding Year
1992
Phone
(803) 276-5179Principal Officer
Mr Jack Shields
Main Address
1201 MCKIBBEN STREET, NEWBERRY, SC, 29108
Website
www.newberryoperahouse.comNTEE Category
Code: A6A0 - Arts
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