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Gaslight Theatre Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 742307224 ✦ Shiner, TX ✦ Designated as a 501(c)(3)

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Overview

What is Gaslight Theatre Inc?

Gaslight Theatre Inc, based in Shiner, Texas, serves as a dedicated nonprofit organization. Their primary mission is the restoration of a historic opera house, with the aim of enriching the local culture and education in the arts. To achieve this, they have produced two performances to foster appreciation for the historic venue. By doing so, Gaslight Theatre Inc contributes to the revitalization of the arts and the community's cultural awareness.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1 Star (53%)

Gaslight Theatre Inc has received a low rating of 53% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored particularly poorly in areas such as board independence and the presence of essential policies. Notably, there are no independent board members, which may raise questions about governance and oversight.

Despite these issues, the organization does excel in its program expense ratio, demonstrating a commitment to directing funds toward its mission-related activities. Additionally, there are no reported material diversions of assets, which is a positive sign regarding financial integrity. However, the absence of a website listing on the tax form and missing necessary policies such as conflict of interest and whistleblower protections are serious drawbacks.

Overall, while Gaslight Theatre Inc shows dedication to its programs, the lack of independent oversight and transparency raises concerns that potential donors and supporters should be aware of. Improvements in governance and financial practices could enhance its rating and overall effectiveness in serving its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Gaslight Theatre Inc legitimate?

Gaslight Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gaslight 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: $6,075
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Gaslight Theatre Inc?

Gaslight Theatre Inc's mission is centered around the restoration of a historic opera house, with the aim of enriching the cultural and educational aspects of the arts. This restoration project is intended to serve as a platform for promoting appreciation and understanding of the arts. The organization has already taken steps towards achieving this goal by producing two performances within this historical venue.

Who is the CEO of Gaslight Theatre Inc?

Joanne Kasper is the President of Gaslight Theatre Inc.

What is the revenue of Gaslight Theatre Inc?

Gaslight Theatre Inc's revenue in 2022 was $136,660.

Who are the executives of Gaslight Theatre Inc and what are their salaries?


Here are 5 key members and their salaries:


Rhonda Powell (Treasurer)
  • Compensation: $0
  • Related: $7,500
  • Other: $0
Joanne Kasper (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Lankford (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Leist (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhonda Powell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Gaslight Theatre Inc?

Gaslight Theatre Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Gaslight Theatre Inc

Gaslight Theatre Inc is dedicated to the restoration of a historic opera house, with the aim of enriching the cultural and educational aspects of the arts. This mission involves meticulously restoring the opera house to its former glory, serving as a testament to the arts and their significance in society. By doing so, Gaslight Theatre Inc seeks to foster an appreciation for this historical venue and the artistic heritage it represents. To accomplish this, the organization has already produced two performances within the restored opera house, showcasing its potential and attracting interest in the arts community. This commitment to restoring the opera house and promoting its appreciation underscores Gaslight Theatre Inc's dedication to preserving and nurturing the cultural and educational value of the arts.

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Impact




October, 2024

Gaslight Theatre Inc plays a vital role in the cultural landscape of Shiner, TX, through its efforts in restoring the historic opera house. By focusing on the restoration of this iconic venue, the organization not only preserves an important piece of local history but also enhances the community’s appreciation for the arts.

The theatre produced two performances aimed at promoting this appreciation and engaging the audience with live artistic expression, creating a platform for cultural enrichment. Through its initiatives, Gaslight Theatre Inc fosters a greater understanding of the arts and contributes to the educational landscape, ensuring that future generations can experience and connect with the richness of their cultural heritage. The revitalization of the opera house has become a cornerstone for community gatherings, performances, and events, thus playing an essential role in enhancing local culture.




This information is meant to be a general summary of Gaslight 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.

Revenue
$136,660 (2022)
Expenses
$144,792 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $665
  • Program Service Revenue: $92,747
  • Gross Receipts: $136,660

Assets and Liabilities:

  • Total Assets: $611,546
  • Total Liabilities: $0
  • Net Assets: $611,546

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

THEATRE ADMISSIONS

Revenue

$92,747

Organization Details

Founding Year

1979

Principal Officer

Joanne Kasper

Main Address

PO BOX 223, SHINER, TX, 77984

NTEE Category

Code: A650 - Arts

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