Overview
What is Whiting Entertainment Center Inc?
Whiting Entertainment Center Inc is a public benefit corporation, established for charitable and educational purposes. Its primary mission involves providing financial support to organizations exempt under IRC Section 501(c). This support is achieved through the solicitation, receipt, holding, investment, administration, and distribution of funds. The corporation's aim is to further its charitable mission and, in the event of dissolution, to distribute its assets to a successor organization with a similar dedication. In essence, Whiting Entertainment Center Inc serves as a conduit for charitable contributions, channeling funds to eligible organizations for their respective causes.
Is Whiting Entertainment Center Inc legitimate?
Whiting Entertainment Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Whiting Entertainment Center 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:
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What is the mission statement of Whiting Entertainment Center Inc?
Whiting Entertainment Center Inc, functioning as a public benefit corporation, is dedicated to charitable and educational purposes. Its primary objective includes providing financial support to organizations that fall under IRC Section 501(C). The corporation fulfills this mission by soliciting, receiving, holding, investing, administering, and distributing funds to serve its charitable objectives. Additionally, the organization ensures the continuation of its mission and purpose even in the event of dissolution, by distributing its assets to a successor organization with similar objectives.
Who is the CEO of Whiting Entertainment Center Inc?
Steve Spebar is the Director of Whiting Entertainment Center Inc.
What is the revenue of Whiting Entertainment Center Inc?
Whiting Entertainment Center Inc's revenue in 2022 was $41,112.
Who are the executives of Whiting Entertainment Center Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Whiting Entertainment Center Inc?
Whiting Entertainment Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Whiting Entertainment Center Inc
Whiting Entertainment Center Inc, established as a public benefit corporation, is dedicated to serving charitable and educational purposes. Its mission encompasses various activities, primarily focused on providing financial aid to organizations exempt under IRC Section 501(c). This includes soliciting, receiving, holding, investing, administering, and distributing funds to further its charitable mission. Additionally, Whiting Entertainment Center Inc aims to perpetuate its mission and purpose in the event of dissolution. It achieves this by distributing its assets to a successor organization sharing similar goals and dedications.
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Impact
October, 2024
Whiting Entertainment Center Inc plays a vital role in enhancing the cultural and educational landscape of Whiting, Indiana. By concentrating on charitable and educational endeavors, the organization supports local arts and cultural initiatives, enriching the community’s social fabric.
The center acts as a conduit for financial resources, enabling other organizations, particularly those recognized under IRC Section 501(c), to thrive. Through its efforts in soliciting, receiving, and distributing funds, Whiting Entertainment Center Inc effectively bolsters various artistic programs and educational opportunities, promoting public benefit. This support not only sustains existing initiatives but also encourages innovation and growth in the local arts scene.
Additionally, the commitment to perpetuating its mission ensures that, even in the event of dissolution, resources will be allocated to similarly dedicated organizations, safeguarding the continuity of community support and cultural development. Thus, Whiting Entertainment Center Inc significantly impacts the community by fostering an environment where arts and education can flourish.
This information is meant to be a general summary of Whiting Entertainment Center 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: $31
- Gross Receipts: $41,112
Assets and Liabilities:
- Total Assets: $99,599
- Total Liabilities: $876,674
- Net Assets: -$777,075
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Organization Details
Founding Year
2016
Principal Officer
Steve Spebar
Main Address
1443 119TH STREET, WHITING, IN, 46394
NTEE Category
Code: A61 - Arts
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