Overview
What is State Theatre Inc?
State Theatre Inc, a nonprofit institution located in State College, Pennsylvania, serves as a vibrant hub for artistic and cultural activities. Established in 2006, this performing arts center is community-owned and operated, situated in the heart of State College, adjacent to Penn State University. Its mission is multifaceted, aiming to entertain, enrich, educate, and inspire through diverse local and regional performances, national touring acts, simulcasts of renowned opera performances, and an assortment of independent, classic, and foreign films. In its 2022 fiscal year, State Theatre Inc attracted over 6,200 patrons, who enjoyed a variety of performances, presentations, and movie screenings. Moreover, the theater is frequently utilized by community organizations, such as children's dance ensembles, local orchestras, high school drama groups, and improv comedy troupes, among others. In this way, State Theatre Inc plays a crucial role in fostering a rich cultural landscape in its community.
Official website here: www.thestatetheatre.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (69%, Two-Star out of Four Star rating)
State Theatre Inc has received a rating indicating that it needs improvement, with an overall score of 69%. The organization demonstrates strengths in governance, evidenced by having 100% independent board members and the presence of key policies such as conflict of interest and whistleblower protections. Additionally, the organization maintains a solid program expense ratio of 76.80%, showing a commitment to directing resources toward its mission.
However, the organization's financial oversight presents some concerns, particularly lacking a review or compilation of financial statements, which significantly impacts its Accountability & Finance score. Furthermore, while the liabilities to assets ratio is relatively high at 65.76%, this may raise questions regarding the organization's financial stability. Lastly, the absence of the tax form on the nonprofit's website is a notable limitation that could affect transparency.
Overall, while State Theatre Inc has established a solid foundation in governance and program expense allocation, it needs to address its financial reporting practices and transparency to enhance its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about State Theatre Inc?
92% of 478 reviewers on Facebook recommend State Theatre Inc. Here's a summary of their reviews:
The overwhelming sentiment among attendees is highly positive, with many expressing enthusiasm for the quality of the shows offered. Patrons frequently highlight their enjoyment of the performances and the overall atmosphere of the venue, often encouraging others to visit.
Commenters appreciate the diversity and caliber of the productions, noting that every experience at the theatre has been fantastic. This passion showcases the nonprofit's commitment to delivering memorable events, solidifying its reputation as a beloved local venue.
This AI summary has been generated from reviews found on Facebook.
Is State Theatre Inc legitimate?
State Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. State 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: $64,084
Professional Fundraising Fees: $0
Other Salaries and Wages: $321,108
For more financial information, click here
Official website here: www.thestatetheatre.org
What is the mission statement of State Theatre Inc?
The State Theatre Inc, as a non-profit entity, is dedicated to entertaining, enriching, educating, and inspiring its community through performing arts. Its mission is to broaden the cultural opportunities within the locality by presenting a diverse range of local and regional performances, national touring acts, simulcasts of Metropolitan Opera performances, and independent, classic, and foreign films. In addition, the theatre serves as a platform for various community organizations, such as children's dance ensembles, local orchestras, high school drama groups, improv comedy ensembles, puppeteers, university-hosted symposiums, and undergraduate classes in theater and cinema, utilizing the theatre a total of 104 times in a year.
Official website here: www.thestatetheatre.org
Who is the CEO of State Theatre Inc?
Jay Bartlett is the President of State Theatre Inc.
Official website here: www.thestatetheatre.org
What is the revenue of State Theatre Inc?
State Theatre Inc's revenue in 2022 was $1,392,116.
Official website here: www.thestatetheatre.org
Who are the executives of State Theatre Inc and what are their salaries?
The average compensation at State Theatre Inc during 2022 was $11,672. There are 33 employees and 40 volunteers at State Theatre Inc.
Here are 11 key members and their salaries:
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- Compensation: $26,610
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- Other: $735
Official website here: www.thestatetheatre.org
Where can I find the form 990 for State Theatre Inc?
State Theatre Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thestatetheatre.org
Learn more at the official website: www.thestatetheatre.org
Mission Statement of State Theatre Inc
State Theatre Inc, a non-profit organization, is dedicated to entertaining, enriching, educating, and inspiring its community through performing arts. As a community performing arts center, it offers a variety of local and regional performances, national touring acts, simulcasts of Metropolitan Opera performances, and diverse movie showings. In addition to these performances, the theater is also utilized by various community organizations, such as children's dance ensembles, local orchestras, high school drama groups, improv comedy ensembles, and puppeteers. Furthermore, it serves as a venue for university-hosted symposiums and undergraduate classes in theater and cinema. The mission of State Theatre Inc is to provide a platform for artistic expression and cultural growth, fostering a sense of community and engagement through its diverse programming.
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Impact
July, 2024
State Theatre Inc, operating as a community performing arts center in downtown State College, PA, has made a significant impact on enriching the cultural opportunities for the community. With a diverse range of local and regional performances, national touring acts, simulcasts of Metropolitan Opera performances, as well as screenings of independent, classic, and foreign films, the venue has attracted over 6,200 patrons in FY 22 alone.
Notably, State Theatre Inc hosted 18 national touring acts, 43 presentations by local performing arts groups, 68 diverse movie showings, and 15 Metropolitan Opera performances during the year. Additionally, the theater was utilized by various community organizations 104 times for events such as children's dance ensembles, local orchestra performances, high school drama groups, improv comedy ensembles, puppet shows, as well as university-hosted symposiums and undergraduate classes in theater and cinema.
Overall, State Theatre Inc's commitment to entertain, enrich, educate, and inspire aligns with its mission as a nonprofit performing arts center and underscores its positive impact on the cultural vibrancy and artistic opportunities in the State College community.
This information is meant to be a general summary of State 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: $6,026
- Program Service Revenue: $629,649
- Gross Receipts: $1,414,573
Assets and Liabilities:
- Total Assets: $5,639,231
- Total Liabilities: $3,708,539
- Net Assets: $1,930,692
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES & FEES
Revenue
$476,237
OTHER EVENT RELATED IN
Revenue
$153,412
Organization Details
Founding Year
2001
Phone
(814) 272-0606Principal Officer
Jay Bartlett
Main Address
130 WEST COLLEGE AVENUE, STATE COLLEGE, PA, 16801
Website
www.thestatetheatre.orgNTEE Category
Code: A61 - Arts
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