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Palace Community Theatre Inc

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

EIN: 810622994 ✦ Oakley, KS ✦ Designated as a 501(c)(4)

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Overview

What is Palace Community Theatre Inc?

Palace Community Theatre Inc is a nonprofit organization that allows a high school business class to gain practical experience by managing a community movie theater. This arrangement benefits both the students and the town, as the students gain valuable business skills and the town has access to a local movie theater. The high school class is responsible for operating the theater, providing the community with an entertainment option.


Official website here: www.palacetheatreoakley.com

Is Palace Community Theatre Inc legitimate?

Palace Community Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Palace Community Theatre Inc submitted a form 990EZ, 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.


Official website here: www.palacetheatreoakley.com

What is the mission statement of Palace Community Theatre Inc?

The mission of Palace Community Theatre Inc, as per its operations, primarily revolves around providing a learning platform for a high school business class. By operating a community movie theatre, the students gain practical business experience. Concurrently, the town benefits from having a local cinema establishment, offering a source of entertainment. The high school class's involvement in managing the theatre serves as a valuable educational tool, while simultaneously catering to the community's cinematic needs.


Official website here: www.palacetheatreoakley.com

Who is the CEO of Palace Community Theatre Inc?

Unavailable


Official website here: www.palacetheatreoakley.com

What is the revenue of Palace Community Theatre Inc?

Palace Community Theatre Inc's revenue in 2022 was $91,919.


Official website here: www.palacetheatreoakley.com

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


Here are 5 key members and their salaries:


Eric Sperber (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Campbell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Butch Burris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Munk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Munk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.palacetheatreoakley.com

Where can I find the form 990EZ for Palace Community Theatre Inc?

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


Official website here: www.palacetheatreoakley.com

Learn more at the official website: www.palacetheatreoakley.com

Mission Statement of Palace Community Theatre Inc

Palace Community Theatre Inc, primarily known for its high school business class, serves a dual purpose. Its primary mission is to operate a community movie theatre, providing a cinematic experience for the local residents. This endeavor serves as a unique learning opportunity for the high school business class, allowing them to gain practical business experience. By managing the theatre, the students acquire valuable skills in operation management, customer service, and financial management, thereby benefiting both the students and the community. The presence of this community theatre not only entertains the townsfolk but also fosters a sense of community and togetherness.

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Impact




October, 2024

Palace Community Theatre Inc creates significant impact by serving as a vital cultural hub in Oakley, Kansas. Operated by high school students, the theatre not only provides entertainment options for the community but also offers real-world business experience for its young entrepreneurs. This dual benefit fosters a sense of ownership among students and equips them with valuable skills in business management, operations, and customer service.

By running the local movie theatre, these students contribute to the community's social fabric, providing a space for residents to gather, enjoy films, and participate in local events. The theatre enhances community engagement and improves quality of life, making Oakley a more vibrant place to live. The initiative exemplifies how educational programs can align with community needs, creating a win-win scenario where students learn while residents enjoy the cultural offerings of their town.




This information is meant to be a general summary of Palace Community 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
$91,919 (2022)
Expenses
$63,348 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $26,624
  • Gross Receipts: $107,116

Assets and Liabilities:

  • Total Assets: $236,153
  • Total Liabilities: $4,751
  • Net Assets: $231,402

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Organization Details

Main Address

220 CENTER AVE, OAKLEY, KS, 67748

NTEE Category

Code: S80 - Community improvement

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