Overview
What is Historic Lansdowne Theater Corporation?
The Historic Lansdowne Theater Corporation is a small, nonprofit organization situated in Lansdowne, Pennsylvania. Their primary mission lies in the restoration and operation of a historical movie theater, preserving its cultural significance for the community. With a dedicated workforce of one individual, they strive to maintain and breathe new life into this iconic venue.
Official website here: www.lansdownetheater.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 55%, One-Star out of Four Stars
Historic Lansdowne Theater Corporation has received a rating of 55% from Charity Navigator, which reflects a One-Star rating. The organization's strengths lie in its leadership and governance, boasting a 100% independent board and a lack of material diversion of assets. They have established several solid governance policies, including a conflict of interest policy and a documented process for board meeting minutes.
However, the organization faces significant challenges in its financial accountability and efficiency, as indicated by its low Accountability & Finance Score of 50. Notably, their program expense ratio is only 27.40%, suggesting that a smaller portion of their expenses is directed towards their mission-related activities. Additionally, the absence of a whistleblower policy raises concerns about transparency and responsiveness to potential internal issues.
Despite these limitations, Historic Lansdowne Theater Corporation has a clear goal of raising capital to restore the historic Lansdowne Theater, aiming to transform it into a modern live music venue. Focused efforts toward financial health and improving governance policies could enhance their overall rating and effectiveness in fulfilling their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Historic Lansdowne Theater Corporation legitimate?
Historic Lansdowne Theater Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Historic Lansdowne Theater Corporation 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: $61,500
Other Salaries and Wages: $11,000
For more financial information, click here
Official website here: www.lansdownetheater.org
What is the mission statement of Historic Lansdowne Theater Corporation?
The Historic Lansdowne Theater Corporation is dedicated to the restoration and ongoing management of a historical movie theater. This mission encompasses preserving the theater's historic charm while ensuring its continued operation as a cinematic venue. The corporation's primary goal is to maintain the theater's architectural integrity and provide an enjoyable movie-going experience for the public. By revitalizing this historical landmark, the corporation contributes to the preservation of cultural heritage and the promotion of community engagement through film.
Official website here: www.lansdownetheater.org
Who is the CEO of Historic Lansdowne Theater Corporation?
Robert Jara is the Director of Historic Lansdowne Theater Corporation.
Official website here: www.lansdownetheater.org
What is the revenue of Historic Lansdowne Theater Corporation?
Historic Lansdowne Theater Corporation's revenue in 2022 was $136,811.
Official website here: www.lansdownetheater.org
Who are the executives of Historic Lansdowne Theater Corporation and what are their salaries?
The average compensation at Historic Lansdowne Theater Corporation during 2022 was $11,000. There is 1 employee and 200 volunteers at Historic Lansdowne Theater Corporation.
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- Compensation: $110,000
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Official website here: www.lansdownetheater.org
Where can I find the form 990 for Historic Lansdowne Theater Corporation?
Historic Lansdowne Theater Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lansdownetheater.org
Learn more at the official website: www.lansdownetheater.org
Mission Statement of Historic Lansdowne Theater Corporation
Historic Lansdowne Theater Corporation is dedicated to the restoration and operation of a historical movie theater. This mission involves meticulously reviving an iconic cinema, preserving its original charm and character while transforming it into a modern entertainment venue. The organization's primary goal is to breathe new life into this historical theater, ensuring it continues to serve as a cultural landmark and source of enjoyment for the community.
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Impact
October, 2024
Historic Lansdowne Theater Corporation plays a vital role in preserving cultural heritage and enhancing the community's artistic landscape. By restoring and operating a historical movie theater, it not only revives an essential part of Lansdowne's architectural history but also creates a space for artistic expression and community engagement. The theater serves as a venue for a variety of performances and screenings, fostering a vibrant arts scene and providing residents with access to diverse cultural experiences. Additionally, its activities contribute to local economic growth by attracting visitors and supporting nearby businesses, ultimately enriching the community's overall quality of life.
This information is meant to be a general summary of Historic Lansdowne Theater Corporation. 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: $49
- Program Service Revenue: $19,196
- Gross Receipts: $247,963
Assets and Liabilities:
- Total Assets: $2,385,321
- Total Liabilities: $863,936
- Net Assets: $1,521,385
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Auditorium rentals
Revenue
$19,196
Organization Details
Founding Year
2006
Phone
(610) 622-1234Principal Officer
Robert Jara
Main Address
31 N Lansdowne Avenue, Lansdowne, PA, 19050
Website
www.lansdownetheater.orgNTEE Category
Code: A80 - Arts
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