Overview
What is Georgetown Palace Theatre Inc?
Georgetown Palace Theatre Inc, situated in Georgetown, Texas, serves as a community hub, offering a blend of entertainment and education through its classes, training programs, and theatrical productions. The nonprofit organization, with a workforce of 62 individuals, is committed to uplifting the quality of life in Georgetown and Williamson County by providing a stage for high-caliber performances and learning experiences in the performing arts. Their activities revolve around nurturing the youth and the broader community by offering opportunities for artistic growth and entertainment.
Official website here: www.georgetownpalace.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Georgetown Palace Theatre Inc has achieved a solid Three-Star rating, reflecting an 81% score primarily focused on accountability and finance. This rating indicates a commitment to transparency and responsible financial management, which is crucial for donor trust and organizational integrity.
The nonprofit demonstrates strong governance with 92% of its board being independent members, and it scores perfectly in areas such as material diversion of assets and various policy implementations, including conflict of interest and whistleblower policies. Additionally, a program expense ratio of 75.75% suggests that a significant portion of its expenditures is directed towards its charitable programs.
While the organization has shown commendable financial management practices, the rating does not reflect program effectiveness or impact, which are important factors for potential donors looking to understand the organization's overall performance. Overall, Georgetown Palace Theatre Inc stands out for its robust accountability measures.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Georgetown Palace Theatre Inc?
96% of 395 reviewers on Facebook recommend Georgetown Palace Theatre Inc. Here is a summary of their reviews:
Many patrons express their enjoyment of the shows, highlighting the accommodating and gracious nature of the ushers. This positive interaction contributes to an overall welcoming atmosphere that enhances the theater experience.
The consistent praise for both the performances and the attentive staff reflects a strong community appreciation for what the theater offers. Overall, it seems that visitors are quite satisfied with their experiences at Georgetown Palace Theatre, often eagerly returning for future shows.
This AI summary has been generated from reviews found on Facebook.
Is Georgetown Palace Theatre Inc legitimate?
Georgetown Palace Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Georgetown Palace 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: $76,130
Professional Fundraising Fees: $0
Other Salaries and Wages: $519,847
For more financial information, click here
Official website here: www.georgetownpalace.com
What is the mission statement of Georgetown Palace Theatre Inc?
Georgetown Palace Theatre Inc's mission is centered around improving the quality of life for individuals in their community. They achieve this by serving as a platform for high-quality entertainment and educational opportunities in the performing arts. The organization offers training programs and produces musicals and plays, primarily for the youth in Williamson County and its surrounding areas. By providing these resources, Georgetown Palace Theatre Inc aims to enrich the cultural landscape and contribute to personal growth and development within their community.
Official website here: www.georgetownpalace.com
Who is the CEO of Georgetown Palace Theatre Inc?
Ron Watson is the Executive Director of Georgetown Palace Theatre Inc.
Official website here: www.georgetownpalace.com
What is the revenue of Georgetown Palace Theatre Inc?
Georgetown Palace Theatre Inc's revenue in 2022 was $1,891,266.
Official website here: www.georgetownpalace.com
Who are the executives of Georgetown Palace Theatre Inc and what are their salaries?
The average compensation at Georgetown Palace Theatre Inc during 2022 was $9,613. There are 62 employees and 155 volunteers at Georgetown Palace Theatre Inc.
Here are 21 key members and their salaries:
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Official website here: www.georgetownpalace.com
Where can I find the form 990 for Georgetown Palace Theatre Inc?
Georgetown Palace Theatre Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.georgetownpalace.com
Learn more at the official website: www.georgetownpalace.com
Mission Statement of Georgetown Palace Theatre Inc
Georgetown Palace Theatre Inc is a nonprofit organization dedicated to enriching the lives of its community by offering a platform for top-notch entertainment and educational experiences in the performing arts. Their mission is to serve as a beacon, providing a stage for individuals in Georgetown and Williamson County to engage in high-quality artistic programs. This commitment extends beyond merely offering a venue; it includes offering classes and training programs for the youth in the surrounding areas, as well as producing musicals and plays tailored to their interests. By doing so, Georgetown Palace Theatre Inc plays a significant role in fostering creativity, cultivating talent, and contributing to the overall cultural growth of its community.
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Impact
July, 2024
Georgetown Palace Theatre Inc plays a significant role in enhancing the quality of life in Georgetown and Williamson County by providing a venue for quality entertainment and educational opportunities in the performing arts. Through their classes, training programs, and productions of musicals and plays, they positively impact the youth of Williamson County and surrounding areas. Their commitment to the arts enriches the cultural landscape of the community and provides valuable opportunities for artistic growth and expression. Georgetown Palace Theatre Inc's dedication to fostering creativity and talent contributes to the overall vibrancy and vitality of the region.
This information is meant to be a general summary of Georgetown Palace 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: $5,167
- Program Service Revenue: $1,673,501
- Gross Receipts: $1,896,286
Assets and Liabilities:
- Total Assets: $8,286,665
- Total Liabilities: $104,299
- Net Assets: $8,182,366
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Education Revenue
Revenue
$501,981
Box Office Revenue
Revenue
$909,012
Ticket Order and Exchan
Revenue
$155,129
Gift Certificates
Revenue
$26,437
Advertising Sales
Revenue
$1,695
Organization Details
Founding Year
1989
Principal Officer
Ron Watson
Main Address
810 South Austin Avenue, Georgetown, TX, 78626
Website
www.georgetownpalace.comNTEE Category
Code: A610 - Arts
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