Overview
What is Aberdeen Elkin Theatre Inc?
Aberdeen Elkin Theatre Inc is a nonprofit organization that takes pride in preserving a storied theatre building, located in an undisclosed location. They have made significant strides in restoring the facility, installing modern amenities such as a new air conditioning system and roof, enabling year-round use. This preservation effort is their primary mission, ensuring that the historical charm of the theatre remains intact for future generations to enjoy.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while Aberdeen Elkin Theatre Inc demonstrates some strengths in its governance and financial management, there are notable areas of concern that affect its overall performance.
The organization has excelled in several key areas, including having a fully independent board and demonstrating strong accountability measures such as a low liabilities-to-assets ratio and a complete program expense ratio. However, the absence of essential policies like a conflict of interest policy, whistleblower policy, and document retention protocols raises questions regarding transparency and governance.
These limitations suggest that while the organization is financially stable and well-governed in certain respects, it may need to improve its policy framework to enhance accountability and provide reassurance to stakeholders. Addressing these gaps could potentially improve its rating in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Aberdeen Elkin Theatre Inc legitimate?
Aberdeen Elkin Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aberdeen Elkin 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Aberdeen Elkin Theatre Inc?
Aberdeen Elkin Theatre Inc is dedicated to preserving a historic theatre building. They have undertaken significant improvements, such as installing a new air conditioning system and replacing the roof, enabling year-round use of the theatre. This mission is centered around preserving the heritage of the theatre building, making it a viable and accessible venue for various events and performances throughout the year.
Who is the CEO of Aberdeen Elkin Theatre Inc?
Bob Seymour is the President of Aberdeen Elkin Theatre Inc.
What is the revenue of Aberdeen Elkin Theatre Inc?
Aberdeen Elkin Theatre Inc's revenue in 2022 was $27,450.
Who are the executives of Aberdeen Elkin Theatre Inc and what are their salaries?
There 30 volunteers at Aberdeen Elkin Theatre Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Aberdeen Elkin Theatre Inc?
Aberdeen Elkin Theatre Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Aberdeen Elkin Theatre Inc
Aberdeen Elkin Theatre Inc, a dedicated nonprofit organization, is committed to preserving a historic theatre building. Through its mission, the organization has undertaken significant improvements, such as installing a new air conditioning system and replacing the roof, enabling year-round use of the theatre. These enhancements have not only safeguarded the historical structure but also enhanced its functionality, ensuring it continues to serve its intended purpose.
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Impact
August, 2024
Aberdeen Elkin Theatre Inc's impact lies in the preservation of a historic theatre building in Aberdeen, Mississippi. Through the implementation of major improvements, such as a new air conditioning system and roof, the organization has enabled year-round use of the theatre. This initiative contributes to the cultural and artistic vibrancy of the community, providing a space for arts and entertainment to thrive.
This information is meant to be a general summary of Aberdeen Elkin 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: $92
- Gross Receipts: $43,280
Assets and Liabilities:
- Total Assets: $53,881
- Total Liabilities: $99
- Net Assets: $53,782
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Organization Details
Founding Year
1985
Principal Officer
Bob Seymour
Main Address
P O BOX 623, ABERDEEN, MS, 39730
NTEE Category
Code: A600 - Arts
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