Overview
What is Strand Theatre Of Shreveport Corporation?
The Strand Theatre of Shreveport Corporation is a nonprofit organization situated in Shreveport, Louisiana, specifically at 619 Louisiana Avenue. Its primary mission is to preserve and uphold the Strand as a symbol of cultural significance, enriching local life and fostering economic growth within the community. The organization accomplishes this by managing various cultural events held at the Strand, which serves as a venue for both for-profit and non-profit organizations to showcase their theatre productions. With a dedicated team of 47 individuals, the Strand Theatre of Shreveport Corporation plays a significant role in promoting artistic expression and community development.
Official website here: www.thestrandtheatre.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
The Strand Theatre Of Shreveport Corporation has received an overall score of 84%, reflecting a strong emphasis on accountability and finance. With a high percentage of independent board members and a solid audit of financial statements, the organization demonstrates a commitment to maintaining transparency in its operations. The low liabilities to assets ratio and a program expense ratio of 71.76% indicate that a significant portion of their funding is directed towards programs rather than administrative costs.
Despite its strengths, there are notable areas for improvement. The organization lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy, which could impact its operational integrity. Additionally, the tax form is not posted on the nonprofit's website, which may hinder transparency and accessibility for stakeholders.
Overall, while the Strand Theatre Of Shreveport Corporation showcases effective financial management and accountability, addressing the missing governance policies would further enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Strand Theatre Of Shreveport Corporation legitimate?
Strand Theatre Of Shreveport Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Strand Theatre Of Shreveport 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: $103,940
Professional Fundraising Fees: $0
Other Salaries and Wages: $291,329
For more financial information, click here
Official website here: www.thestrandtheatre.com
What is the mission statement of Strand Theatre Of Shreveport Corporation?
The Strand Theatre Of Shreveport Corporation's mission is to preserve and maintain the theater as a cultural hub. They achieve this by organizing various events to enrich the community's life and stimulate economic growth. The Strand serves as a venue for both for-profit and non-profit organizations, offering them the facilities for their theater productions. Furthermore, the Strand also sponsors public theater productions for the region.
Official website here: www.thestrandtheatre.com
Who is the CEO of Strand Theatre Of Shreveport Corporation?
Jenifer Hill is the Executive Dir. of Strand Theatre Of Shreveport Corporation.
Official website here: www.thestrandtheatre.com
What is the revenue of Strand Theatre Of Shreveport Corporation?
Strand Theatre Of Shreveport Corporation's revenue in 2023 was $1,415,787.
Official website here: www.thestrandtheatre.com
Who are the executives of Strand Theatre Of Shreveport Corporation and what are their salaries?
The average compensation at Strand Theatre Of Shreveport Corporation during 2023 was $8,410. There are 47 employees at Strand Theatre Of Shreveport Corporation.
Here are 19 key members and their salaries:
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Official website here: www.thestrandtheatre.com
Where can I find the form 990 for Strand Theatre Of Shreveport Corporation?
Strand Theatre Of Shreveport Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thestrandtheatre.com
Learn more at the official website: www.thestrandtheatre.com
Mission Statement of Strand Theatre Of Shreveport Corporation
The Strand Theatre Of Shreveport Corporation's mission is centered around preserving and enriching the community through cultural events. By managing various performances, this organization aims to revitalize life and stimulate economic growth. The Strand Theatre serves as a versatile venue, welcoming both for-profit and non-profit organizations to showcase their theatrical productions. Additionally, the corporation sponsors public theatre productions for the region, contributing to the arts and entertainment scene. Their mission is a testament to their commitment to fostering a vibrant and culturally rich community.
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Impact
July, 2024
The impact of the Strand Theatre Of Shreveport Corporation extends far beyond its role as a provider of theatre facilities for the performing arts. Through its mission to preserve the Strand and manage cultural events that enrich life and promote economic growth in the community, the organization plays a vital role in supporting the arts scene in Shreveport. By sponsoring public theatre productions and providing a venue for both for-profit and nonprofit organizations, the Strand Theatre contributes to the cultural vibrancy of the region. Additionally, its activities help to create opportunities for artists, performers, and audiences to engage with the arts, fostering creativity, community connection, and economic development. In essence, the Strand Theatre Of Shreveport Corporation serves as a cornerstone of the local arts scene, contributing to the overall quality of life and cultural richness of the community.
This information is meant to be a general summary of Strand Theatre Of Shreveport 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 2023.
- Investment Income: $18,675
- Program Service Revenue: $868,459
- Gross Receipts: $1,417,037
Assets and Liabilities:
- Total Assets: $4,350,797
- Total Liabilities: $405,439
- Net Assets: $3,945,358
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Concessions
Revenue
$79,259
Other income
Revenue
$182,334
Ticket Sales
Revenue
$606,866
Organization Details
Founding Year
1976
Phone
(318) 226-1481Principal Officer
Jenifer Hill
Main Address
619 Louisiana Avenue, Shreveport, LA, 71101
Website
www.thestrandtheatre.comNTEE Category
Code: A61 - Arts
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