Overview
What is Merced Theatre Foundation?
The Merced Theatre Foundation is a dedicated nonprofit organization situated in Merced and the Central Valley. Their primary focus is to raise funds through memberships, sponsorships, fundraising events, and donations, with the ultimate goal of restoring the iconic Merced Theatre into a self-sustaining venue for arts, entertainment, and civic events. Beyond restoration, the foundation's mission also encompasses the operational management of the theatre, hosting a variety of programs such as art exhibitions, live performances, and community events.
Official website here: www.mercedtheatre.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Star Rating)
The Merced Theatre Foundation has received a rating of 69%, which translates to a Two-Star rating. This score reflects the organization’s performance in accountability and finance, indicating some strengths and areas for improvement. The foundation boasts a fully independent board with 100% of its members not affiliated with the organization, which is a positive sign of governance.
The foundation has demonstrated solid financial practices, with key metrics like a liabilities to assets ratio of only 0.28% and a program expense ratio of 100%. This suggests that the foundation is effectively allocating its resources towards its programs rather than administrative costs. Additionally, the organization maintains transparency by documenting board meeting minutes and ensuring its website is listed on tax forms.
However, despite these strengths, the overall score indicates there is room for enhancement in certain accountability aspects. Organizations with a higher rating typically show improved metrics across a broader range of financial and operational criteria. Continued efforts to strengthen these areas could help the Merced Theatre Foundation achieve a higher rating in the future.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Merced Theatre Foundation?
90% of 342 reviewers on Facebook recommend the Merced Theatre Foundation. Here’s a summary of their reviews: The venue is consistently praised for its outstanding talent and superb acoustics, allowing for an enjoyable experience regardless of seating. Visitors note that the view of the stage is excellent from any spot within the theater, enhancing the overall enjoyment of performances.
The staff at the Merced Theatre are recognized for being friendly and helpful, contributing to a welcoming atmosphere for guests. One standout performance mentioned is by Jake Simatubuko, highlighted as an exceptional ukulele player, which further underscores the high caliber of talent that the theater attracts.
Overall, patrons express satisfaction with the quality of events and the environment at the Merced Theatre, making it a recommended destination for those seeking live performances and entertainment.
This AI summary has been generated from reviews found on Facebook.
Is Merced Theatre Foundation legitimate?
Merced Theatre Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Merced Theatre Foundation 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: $106,598
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mercedtheatre.org
What is the mission statement of Merced Theatre Foundation?
The Merced Theatre Foundation's mission revolves around securing necessary funds through memberships, sponsorships, fundraisers, and donations. This financial support is instrumental in restoring the historic Merced Theatre, transforming it into a self-sustaining hub for arts, entertainment, and civic events. The foundation's primary objective extends beyond restoration, encompassing the operation of the Merced Theatre building as well. It actively hosts a variety of programs, catering to art, entertainment, and community events, thereby enhancing the cultural landscape.
Official website here: www.mercedtheatre.org
Who is the CEO of Merced Theatre Foundation?
Adam Lauppe is the President of Merced Theatre Foundation.
Official website here: www.mercedtheatre.org
What is the revenue of Merced Theatre Foundation?
Merced Theatre Foundation's revenue in 2022 was $643,877.
Official website here: www.mercedtheatre.org
Who are the executives of Merced Theatre Foundation and what are their salaries?
The average compensation at Merced Theatre Foundation during 2022 was $6,270. There are 17 employees at Merced Theatre Foundation.
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Official website here: www.mercedtheatre.org
Where can I find the form 990 for Merced Theatre Foundation?
Merced Theatre Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mercedtheatre.org
Learn more at the official website: www.mercedtheatre.org
Mission Statement of Merced Theatre Foundation
The Merced Theatre Foundation, with a focus on securing funds through memberships, sponsorships, fundraisers, and donations, is dedicated to restoring the historically significant Merced Theatre into a self-sufficient center for arts, entertainment, and civic events. Its primary mission encompasses not only the restoration but also the operation of the Merced Theatre building. This nonprofit organization brings various programs to life, including art exhibitions, live performances, and community events, transforming the Merced Theatre into a vibrant hub for cultural engagement in the Central Valley.
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Impact
July, 2024
The Merced Theatre Foundation's impact is significant in restoring and operating the historic landmark Merced Theatre as a self-supporting center for arts, entertainment, and civic events in Merced and the Central Valley. Through securing funds via memberships, sponsorships, fundraisers, and donations, the foundation plays a crucial role in preserving the cultural heritage of the region while providing a venue for various art, entertainment, and civic programs. Their mission of restoration and operation of the Merced Theatre building contributes to the enrichment of the community and fosters a vibrant arts scene in the area.
This information is meant to be a general summary of Merced Theatre Foundation. 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: $25,852
- Program Service Revenue: $418,677
- Gross Receipts: $743,692
Assets and Liabilities:
- Total Assets: $4,155,178
- Total Liabilities: $11,778
- Net Assets: $4,143,400
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$374,464
MISCELLANEOUS
Revenue
$44,213
Organization Details
Founding Year
1998
Phone
(209) 383-2442Principal Officer
Adam Lauppe
Main Address
2824 PARK AVE SUITE B, MERCED, CA, 95348
Website
www.mercedtheatre.orgNTEE Category
Code: A20 - Arts
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