Overview
What is Talladega First Inc?
Talladega First Inc is a nonprofit organization located in Talladega, Alabama, with a postal address of P.O. Box 228. Their primary mission is to revitalize the economic, cultural, and civic pride of Talladega's Historic Courthouse District by offering high-quality and diverse live arts performances in the restored Ritz Theater, an Art Deco performance center. This initiative not only provides entertainment for the local community and surrounding area but also contributes to the city's economy. The organization, with a workforce of just two individuals, strives to enhance Talladega's cultural landscape and community spirit through these performances.
Official website here: www.ritztalladega.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating.
Talladega First Inc has achieved a perfect score of 100%, which indicates a high level of accountability and financial health. This rating is derived solely from its performance in the Accountability & Finance beacon, reflecting robust governance practices and sound financial management. The nonprofit demonstrates excellent oversight with a fully independent board, comprising 20 members, and has no material diversion of assets.
The organization excels in transparency, as evidenced by its comprehensive policies including a conflict of interest policy, whistleblower policy, and document retention guidelines, all of which are readily accessible on its website. Additionally, the nonprofit maintains an impressive program expense ratio of 92.61%, showcasing that a significant portion of its budget is allocated directly to its programs and services.
Overall, Talladega First Inc exemplifies strong governance and fiscal responsibility, making it a trustworthy choice for donors. Its commitment to transparency and effective management practices positions it well within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Talladega First Inc legitimate?
Talladega First Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Talladega First 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: $55,065
For more financial information, click here
Official website here: www.ritztalladega.com
What is the mission statement of Talladega First Inc?
Talladega First Inc's mission is centered around revitalizing the cultural and civic pride of a historic district. They achieve this by operating and maintaining a restored Art Deco performance center, the Ritz Theater, and presenting high-quality and diverse live arts performances. These events not only entertain the local community and those in the surrounding area but also contribute to the economic growth of the city. The organization's activities in the Ritz Theater provide a platform for citizens to engage with live arts, fostering a sense of unity and appreciation for the arts.
Official website here: www.ritztalladega.com
Who is the CEO of Talladega First Inc?
Cindy Pennington is the Director of Talladega First Inc.
Official website here: www.ritztalladega.com
What is the revenue of Talladega First Inc?
Talladega First Inc's revenue in 2022 was $141,988.
Official website here: www.ritztalladega.com
Who are the executives of Talladega First Inc and what are their salaries?
The average compensation at Talladega First Inc during 2022 was $27,532. There are 2 employees and 55 volunteers at Talladega First Inc.
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Official website here: www.ritztalladega.com
Where can I find the form 990 for Talladega First Inc?
Talladega First Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ritztalladega.com
Learn more at the official website: www.ritztalladega.com
Mission Statement of Talladega First Inc
Talladega First Inc, a nonprofit organization, is committed to revitalizing the economic, cultural, and civic pride of its city's historic courthouse district. They achieve this mission by operating and maintaining the Ritz Theater, a restored Art Deco performance center. This restored venue serves as a platform for providing quality and diverse lively arts performances to the citizens of Talladega and the surrounding area. The organization's efforts in bringing these performances have resulted in an economic boost for the city of Talladega.
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Impact
October, 2024
Talladega First Inc significantly revitalizes the city of Talladega by enhancing the economic, cultural, and civic pride of the community. By operating and maintaining the Ritz Theater, a beautifully restored Art Deco performance center, the organization offers a diverse range of lively arts performances that not only entertain residents but also attract visitors from surrounding areas. This influx of visitors provides a substantial economic boost to local businesses, contributing to increased foot traffic and a vibrant atmosphere.
The programming at the Ritz Theater fosters a sense of community and cultural enrichment, allowing citizens of Talladega to engage with the arts in a meaningful way. This engagement not only strengthens community bonds but also promotes a shared identity centered around the arts. The revitalization efforts in the historic courthouse district culminate in a renewed civic pride, as residents take pride in their cultural offerings and the preservation of their local heritage.
Overall, Talladega First Inc plays a pivotal role in transforming not just the physical landscape of Talladega but also its cultural landscape, making it a focal point for artistic expression and community celebration.
This information is meant to be a general summary of Talladega First 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: $2,426
- Program Service Revenue: $28,956
- Gross Receipts: $172,475
Assets and Liabilities:
- Total Assets: $899,858
- Total Liabilities: $3,135
- Net Assets: $896,723
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERFORMING ARTIST SERIES
Revenue
$28,956
Organization Details
Founding Year
1985
Phone
(256) 315-0000Principal Officer
Cindy Pennington
Main Address
P O BOX 228, TALLADEGA, AL, 35161
Website
www.ritztalladega.comNTEE Category
Code: A61 - Arts
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