Overview
What is Venice Theatre Inc?
Venice Theatre Inc, established in 1950 in Venice, Florida, is a distinguished 501(c)3 nonprofit organization. With a mission to serve their community, Venice Theatre offers a blend of entertainment, education, and outreach. Through theatre arts education, they engage and inspire individuals, fostering creativity and cultural appreciation. Venice Theatre has been a steadfast presence in the community for over seven decades, committed to enriching lives and fostering a sense of unity.
Official website here: www.venicestage.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 91%, Four-Star out of Four Star rating.
Venice Theatre Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong focus on accountability and finance. The charity scored exceptionally well in various aspects, including having a fully independent board and no material diversions of assets. These elements indicate a robust governance structure and financial integrity, which are essential for instilling trust in stakeholders.
The organization demonstrates a solid commitment to transparency, with well-documented policies such as conflict of interest and whistleblower policies, all of which are listed and accessible. The audit and oversight committee's involvement further enhances its financial oversight, ensuring that the charity operates within ethical and legal frameworks.
However, while Venice Theatre Inc has a commendable program expense ratio of 60.23%, there is room for improvement in this area to ensure a greater portion of its resources is dedicated to its programs. Nonetheless, the organization's overall financial health, indicated by a favorable liabilities to assets ratio and effective fundraising efficiency, suggests a stable foundation for future initiatives.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Venice Theatre Inc?
96% of 391 reviewers on Facebook recommend Venice Theatre Inc. Here is a summary of their reviews:
Many patrons express their enjoyment of the performances, noting that the seating offers great views from any location within the venue. The overall atmosphere is described as welcoming and engaging, adding to the delightful experience of attending a show.
Additionally, visitors often mention the convenience of dining options nearby, particularly highlighting Luna’s restaurant for a pre- or post-show meal. This complementary experience enhances their overall visit, showcasing the theatre as a vibrant part of the local community.
This AI summary has been generated from reviews found on Facebook.
Is Venice Theatre Inc legitimate?
Venice Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Venice 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: $111,012
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,353,161
For more financial information, click here
Official website here: www.venicestage.com
What is the mission statement of Venice Theatre Inc?
Venice Theatre Inc, as a non-profit organization, is dedicated to offering entertainment, education, and community outreach. Established in 1950, it has been serving its community for over seven decades. The organization's mission is to provide a platform for artistic and educational growth, fostering an engaging and inclusive environment for all. It seeks to inspire, educate, and entertain, thereby enriching the cultural landscape of its community.
Official website here: www.venicestage.com
Who is the CEO of Venice Theatre Inc?
Murray Chase is the Executive Director of Venice Theatre Inc.
Official website here: www.venicestage.com
What is the revenue of Venice Theatre Inc?
Venice Theatre Inc's revenue in 2022 was $5,710,001.
Official website here: www.venicestage.com
Who are the executives of Venice Theatre Inc and what are their salaries?
The average compensation at Venice Theatre Inc during 2022 was $45,755. There are 32 employees and 50 volunteers at Venice Theatre Inc.
Here are 6 key members and their salaries:
- Compensation: $110,012
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.venicestage.com
Where can I find the form 990 for Venice Theatre Inc?
Venice Theatre Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.venicestage.com
Learn more at the official website: www.venicestage.com
Mission Statement of Venice Theatre Inc
Venice Theatre Inc, a non-profit organization established in 1950, is committed to the realm of theatre arts education. Its mission is to engage and enrich the community by offering entertainment, education, and outreach opportunities. Since its inception, Venice Theatre has been dedicated to providing a platform where individuals can explore and express themselves through the medium of theatre. This mission is carried out through various means, including the delivery of educational programs and outreach initiatives. Venice Theatre Inc serves as a cultural hub, fostering creativity and promoting a love for the performing arts within its community.
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Impact
July, 2024
Venice Theatre Inc has a significant impact on the community of Venice, Florida through its long-standing presence as a hub for entertainment, education, and outreach. By offering a variety of theatre arts programs and performances, the organization enriches the cultural landscape of the region and provides opportunities for individuals of all ages to engage with the arts. Through its mission to provide entertainment, education, and outreach, Venice Theatre Inc plays a vital role in fostering creativity, promoting cultural appreciation, and building community connections.
This information is meant to be a general summary of Venice 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 2022.
- Investment Income: $4,202
- Program Service Revenue: $1,883,951
- Gross Receipts: $5,765,428
Assets and Liabilities:
- Total Assets: $7,118,612
- Total Liabilities: $1,818,587
- Net Assets: $5,300,025
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THEATRICAL PRODUCTIONS
Revenue
$1,883,951
Organization Details
Founding Year
1951
Phone
(941) 488-1115Principal Officer
Murray Chase
Main Address
140 WEST TAMPA AVENUE, VENICE, FL, 34285
Website
www.venicestage.comNTEE Category
Code: A650 - Arts
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