Overview
What is Wyo Theatre Inc?
Wyo Theatre Inc, located in Sheridan, Wyoming, is a nonprofit organization with a primary mission to inspire, educate, and entertain citizens of all ages. They achieve this by providing a platform for the performing arts, allowing them to be seen, heard, and felt. The theater serves nearly 18,000 patrons annually, both locally and through streaming video. The organization's activities and mission are deeply rooted in offering a space for artistic expression, reaching out to a diverse audience. With a dedicated workforce of 13 individuals, Wyo Theatre Inc continues to enrich the cultural landscape of its community.
Official website here: www.wyotheater.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Score: 69% (Two-Star out of Four Star rating)
Wyo Theatre Inc has received a two-star rating from Charity Navigator, indicating that the organization requires improvement in certain areas. While the nonprofit excels in accountability and finance, achieving a perfect score of 100% in this category, it struggles significantly with financial transparency. Specifically, it received no points for financial statements and lacks several essential policies, such as a conflict of interest policy and a whistleblower policy.
The organization has a strong board structure with 100% independent board members, which is indicative of good governance practices. Additionally, it has a low liabilities to assets ratio, demonstrating sound financial management. However, the absence of critical financial documentation and policies raises concerns about its operational transparency and accountability.
While Wyo Theatre Inc shows commitment to program expenses, with a program expense ratio of 84.64%, the gaps in its financial reporting and policy development need to be addressed to enhance its overall rating and public trust. Moving forward, focusing on these areas will be crucial for the organization to improve its standing and effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Wyo Theatre Inc legitimate?
Wyo Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wyo 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: $274,518
For more financial information, click here
Official website here: www.wyotheater.com
What is the mission statement of Wyo Theatre Inc?
Wyo Theatre Inc's mission is centered around inspiring, educating, and entertaining individuals of all ages. They achieve this by providing a platform for the performing arts to be experienced visually, audibly, and emotionally. By operating a historic theater, they serve nearly 18,000 patrons annually, both locally and through streaming video. Their goal is to engage and enrich the community through the transformative power of live performing arts. Additionally, they aim to foster an appreciation for the arts and its impact on personal growth and societal development.
Official website here: www.wyotheater.com
Who is the CEO of Wyo Theatre Inc?
Gene Sturlin is the Director of Wyo Theatre Inc.
Official website here: www.wyotheater.com
What is the revenue of Wyo Theatre Inc?
Wyo Theatre Inc's revenue in 2022 was $947,384.
Official website here: www.wyotheater.com
Who are the executives of Wyo Theatre Inc and what are their salaries?
The average compensation at Wyo Theatre Inc during 2022 was $21,117. There are 13 employees and 75 volunteers at Wyo Theatre Inc.
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Official website here: www.wyotheater.com
Where can I find the form 990 for Wyo Theatre Inc?
Wyo Theatre Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wyotheater.com
Learn more at the official website: www.wyotheater.com
Mission Statement of Wyo Theatre Inc
Wyo Theatre Inc, a nonprofit organization, is committed to inspiring, educating, and entertaining citizens of all ages. They achieve this by providing a platform for the performing arts to be seen, heard, and felt. By operating a historic theater, Wyo Theatre Inc serves nearly 18,000 patrons annually, both locals and those reached through streaming video. The theater's mission is to bring joy, knowledge, and artistic expression to the community, fostering a shared appreciation for the performing arts.
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Impact
July, 2024
The Wyo Theatre Inc, through its operation of a historic theater for performing arts in Sheridan, Wyoming, has had a significant impact on the community. By providing a platform for the performing arts to be seen, heard, and felt, the organization has inspired, educated, and entertained citizens of all ages. In the current year, Wyo Theatre Inc served nearly 18,000 patrons, including those living near the theater and those who accessed performances via streaming video. Through its mission to promote the arts, Wyo Theatre Inc has enriched the cultural experience of its community and contributed to the vitality of the arts scene in Sheridan.
This information is meant to be a general summary of Wyo 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: $877
- Program Service Revenue: $216,672
- Gross Receipts: $975,110
Assets and Liabilities:
- Total Assets: $4,306,747
- Total Liabilities: $243,092
- Net Assets: $4,063,655
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$216,672
Organization Details
Phone
(307) 672-9083Principal Officer
Gene Sturlin
Main Address
PO BOX 528, SHERIDAN, WY, 82801
Website
www.wyotheater.comNTEE Category
Code: A610 - Arts
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