Overview
What is Lakeland Community Theatre Inc?
Lakeland Community Theatre Inc, based in Lakeland, Florida, is a nonprofit organization that annually welcomes over 15,000 individuals to its theatre events. Their primary mission is to offer an affordable and high-quality theatre experience for people of all ages, providing a safe and nurturing environment for talent development. This is accomplished through six main stage productions, three youth productions, an alternative stage read series, children's classes, and summer camps. Additionally, they host a variety of special events throughout the year, catering to various age groups. With a dedicated team of five employees, Lakeland Community Theatre Inc strives to engage and entertain its community by showcasing local talent and fostering a love for theatre.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Star rating
Lakeland Community Theatre Inc has received a one-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score is 54%, reflecting weaknesses primarily in financial transparency and documentation. While the organization has a fully independent board, it lacks posted financial statements and has not provided essential documents on its website, which affects its rating negatively.
The theater shows strengths in having a conflict of interest policy and no material diversion of assets, demonstrating some commitment to ethical governance. Additionally, the organization has a good liabilities to assets ratio, suggesting that it manages its debts well relative to its assets. However, the lack of a whistleblower policy and other governance documents raises questions about its operational integrity and transparency.
Despite its artistic contributions to the community, the theater's financial management and accountability practices need significant improvement. For potential donors and supporters, these factors are crucial to consider when evaluating the organization's overall effectiveness and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Lakeland Community Theatre Inc legitimate?
Lakeland Community Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeland Community Theatre 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: $101,068
Professional Fundraising Fees: $0
Other Salaries and Wages: $94,283
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What is the mission statement of Lakeland Community Theatre Inc?
Lakeland Community Theatre Inc's mission is centered around providing an affordable and high-quality theatrical experience for individuals of all ages. Beyond this, the theatre also aims to foster and showcase the talents of these individuals in a safe, nurturing, and educational environment. Annually, over 15,000 people engage with their community theatre events, which consist of main stage productions, youth productions, reading series, children's classes, and various special events throughout the year.
What is the revenue of Lakeland Community Theatre Inc?
Lakeland Community Theatre Inc's revenue in 2023 was $698,081.
Who are the executives of Lakeland Community Theatre Inc and what are their salaries?
The average compensation at Lakeland Community Theatre Inc during 2023 was $39,070. There are 5 employees and 7500 volunteers at Lakeland Community Theatre Inc.
Here are 13 key members and their salaries:
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- Compensation: $40,206
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Where can I find the form 990 for Lakeland Community Theatre Inc?
Lakeland Community Theatre Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lakeland Community Theatre Inc
Lakeland Community Theatre Inc is committed to offering an affordable and high-quality theatrical experience for individuals of all ages. Their mission extends beyond simply providing entertainment; they aim to foster and showcase talent in a secure, nurturing, and educational environment. Each year, over 15,000 people participate in their community theatre events, which encompass six main stage productions, three youth productions, an alternative stage read series, children's classes during the fall and winter, and children's camps during the spring and summer. Additionally, they host a variety of special events throughout the year, providing a diverse range of theatrical experiences for the community.
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Impact
July, 2024
Lakeland Community Theatre Inc provides an affordable, high-quality theatre experience for individuals of all ages. With over 15,000 people attending its community theatre events each year—including main stage productions, youth productions, alternative stage read series, children's classes, camps, and other special events—it plays a significant role in enriching the cultural landscape of Lakeland, FL. By fostering talent in a safe, nurturing, and educational environment, Lakeland Community Theatre Inc is not just a venue for entertainment but also a platform for personal growth and artistic development.
This information is meant to be a general summary of Lakeland Community Theatre 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 2023.
- Investment Income: $6,978
- Program Service Revenue: $324,997
- Gross Receipts: $727,683
Assets and Liabilities:
- Total Assets: $507,755
- Total Liabilities: $69,873
- Net Assets: $437,882
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$239,286
EDUCATION INCOME
Revenue
$79,176
ADVERTISING
Revenue
$6,535
Organization Details
Founding Year
2000
Principal Officer
Jon Brock
NTEE Category
Code: A65 - Arts
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