Overview
What is The Princess Theatre?
The Princess Theatre is a nonprofit organization located at 112 SECOND AVENUE NE, DECATUR, AL, 35601. Its primary purpose is to serve as a venue for presenting performing arts, offering a multi-purpose rental facility for cultural activities, and functioning as an educational resource. Additionally, the theatre is committed to preserving its historical heritage. The organization employs a team of 20 individuals dedicated to fulfilling these objectives.
Official website here: www.princesstheatre.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating
The Princess Theatre has achieved a rating of 88%, which reflects strong performance in accountability and finance. This score indicates that the organization maintains a high level of transparency and fiscal responsibility, supported by comprehensive practices. The majority of its board members are independent, which enhances governance and oversight.
The organization showcases a solid financial structure, with a program expense ratio of nearly 84%, indicating that a significant portion of its funds is directed towards its mission-related activities. Furthermore, the financial statements are audited, and there have been no reported diversions of assets, highlighting the organization's integrity in financial management.
However, the nonprofit has some areas needing improvement, particularly regarding its whistleblower and document retention policies, both of which are currently missing. Addressing these gaps could further enhance its accountability practices and overall rating in future assessments. Overall, The Princess Theatre demonstrates commendable financial health while needing to strengthen its governance policies.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Princess Theatre?
92% of 287 reviewers on Facebook recommend The Princess Theatre. Here is a summary of their reviews:
Patrons express a strong appreciation for the comfort and atmosphere of the venue, particularly highlighting their enjoyment during events. Many attendees share positive sentiments about the seating arrangements and the overall experience, noting that it enhances their enjoyment of various activities at the theatre.
Overall, it seems that The Princess Theatre successfully meets the expectations of its visitors, creating a welcoming environment for community gatherings and performances. The patrons are eager to return, indicating a favorable reception of the theatre's offerings.
This AI summary has been generated from reviews found on Facebook.
Is The Princess Theatre legitimate?
The Princess Theatre is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Princess Theatre 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: $262,154
For more financial information, click here
Official website here: www.princesstheatre.org
What is the mission statement of The Princess Theatre?
The Princess Theatre's mission is centered around presenting a variety of performing arts to bring benefits to the community. It also serves as a multi-purpose rental facility for cultural activities, providing a platform for a wide range of events. The theatre acts as an educational resource, offering opportunities for learning and growth in the realm of performing arts. Furthermore, it is dedicated to preserving the theatre and its heritage, ensuring that future generations can appreciate its historical significance.
Official website here: www.princesstheatre.org
What is the revenue of The Princess Theatre?
The Princess Theatre's revenue in 2024 was $1,414,240.
Official website here: www.princesstheatre.org
Who are the executives of The Princess Theatre and what are their salaries?
The average compensation at The Princess Theatre during 2024 was $10,486. There are 25 employees at The Princess Theatre.
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Official website here: www.princesstheatre.org
Where can I find the form 990 for The Princess Theatre?
The Princess Theatre's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.princesstheatre.org
Learn more at the official website: www.princesstheatre.org
Mission Statement of The Princess Theatre
The Princess Theatre, a notable establishment, is dedicated to serving various purposes. Its primary mission is to promote the arts through the presentation of captivating performances. Beyond entertainment, it also offers a multi-purpose rental facility, catering to a wide array of cultural activities. This facility serves as a hub for diverse cultural events, fostering community engagement and appreciation for the arts.
In addition to its performing arts and rental services, The Princess Theatre acts as an educational resource. It seeks to educate and inspire individuals through the medium of live performances and artistic events. Lastly, the theatre is committed to preserving its own heritage and the rich history of performing arts. By maintaining its historic structure and promoting its cultural significance, The Princess Theatre contributes to the preservation and celebration of the arts in its community.
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Impact
July, 2024
The Princess Theatre in Decatur, AL, has a significant impact on the community by serving as a hub for performing arts, cultural activities, education, and heritage preservation. Its mission to present performing arts benefits, provide a multi-purpose rental facility for cultural activities, serve as an education resource, and preserve the theatre and its heritage contributes to the enrichment of the community. Through its various programs and events, The Princess Theatre plays a vital role in promoting arts and culture, enriching the lives of residents, and preserving a valuable piece of history.
This information is meant to be a general summary of The Princess Theatre. 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 2024.
- Investment Income: $52
- Program Service Revenue: $759,130
- Gross Receipts: $1,476,945
Assets and Liabilities:
- Total Assets: $903,152
- Total Liabilities: $133,247
- Net Assets: $769,905
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$636,559
RENTAL
Revenue
$122,571
Organization Details
Founding Year
1995
Principal Officer
Mindy Brubaker
Website
www.princesstheatre.orgNTEE Category
Code: A61 - Arts
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