Overview
What is Theater District Improvement Inc?
Theater District Improvement Inc, based in Houston, Texas, is a nonprofit organization situated at 510 Preston Street 500. Its primary mission is to foster and support the growth of arts and culture in Houston and Harris County. The organization serves as a facilitator, managing the distribution of Hotel Occupancy Taxes collected by the City of Houston. These taxes are allocated to the seven resident performing arts companies within the Theater District according to a predetermined agreement. In 2020, the organization distributed its 2019 grants to eight Houston-based performing arts organizations, marking one of its key activities.
Is Theater District Improvement Inc legitimate?
Theater District Improvement Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Theater District Improvement 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: $0
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What is the mission statement of Theater District Improvement Inc?
Theater District Improvement Inc's mission is centered around promoting, fostering, and sustaining the growth of arts and culture within Houston and Harris County. The organization serves as a facilitator, administering Hotel Occupancy Taxes that are allocated to seven resident performing arts companies in the Theater District based on an agreed-upon distribution plan. In 2020, the organization's main functions included distributing 2019 grants to eight Houston-based performing arts organizations and preparing for the cessation of operations, following a decision to dissolve by its board of directors.
Who is the CEO of Theater District Improvement Inc?
Kathryn Mcniel is the CEO of Theater District Improvement Inc The CEO's salary of Theater District Improvement Inc is $0 and their total compensation is $0.
What is the revenue of Theater District Improvement Inc?
Theater District Improvement Inc's revenue in 2020 was $10,340.
Who are the executives of Theater District Improvement Inc and what are their salaries?
There 10 volunteers at Theater District Improvement Inc.
Here are 9 key members and their salaries (Theater District Improvement Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Theater District Improvement Inc?
Theater District Improvement Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Theater District Improvement Inc
Theater District Improvement, Inc., as a nonprofit organization, is dedicated solely to fostering the growth and advancement of arts and culture in Houston and Harris County. Its primary mission is to serve as the administrator of Hotel Occupancy Taxes, which are collected by the City of Houston and distributed to seven resident performing arts companies in the Theater District based on a predetermined allocation. This allocation ensures that these companies receive the necessary financial support to continue their artistic endeavors and contribute to the cultural richness of the community. In 2020, the organization's main activity involved distributing the 2019 grants to various Houston performing arts organizations and preparing for the eventual cessation of operations, following the filing of a dissolution request by its board of directors.
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Impact
October, 2024
Theater District Improvement Inc played a significant role in promoting and sustaining the arts and culture landscape in Houston and Harris County. By administering Hotel Occupancy Taxes, the organization facilitated financial support for the seven resident performing arts companies in the Theater District, ensuring these cultural institutions received the necessary funding to thrive.
In its final year of operation, TDI fulfilled its commitment to the arts community by distributing grants to various performing arts organizations, helping to secure their continued production and engagement with the public. This support not only bolstered local artistic endeavors but also contributed to the overall cultural vibrancy of Houston, enhancing the city's appeal as a destination for arts and culture. Through its activities, TDI fostered an environment where the arts could flourish, benefiting both residents and visitors alike.
This information is meant to be a general summary of Theater District Improvement 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 2020.
- Investment Income: $120
- Gross Receipts: $10,340
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1995
Principal Officer
Jim Nelson
NTEE Category
Code: A20 - Arts
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