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Waco Theater Center

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

EIN: 812917440 ✦ North hollywood, CA ✦ Designated as a 501(c)(3)

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Overview

What is Waco Theater Center?

Waco Theater Center, situated in North Hollywood, California, is a distinguished performing and visual arts organization dedicated to stories of the African Diaspora. This nonprofit, often referred to as 'Waco, Where Art Can Occur,' empowers artists from diverse communities, serving as a platform and voice for their creativity. The organization's core mission involves presenting, commissioning, and developing artistic works that inspire and connect individuals and communities across the African Diaspora. In addition, Waco Theater Center offers educational programs for teenagers, including Tinas Angels, a mentorship program for girls, and Richard's Warriors, a program for boys. To support these students in the transition to online learning during the pandemic, the organization created an online platform, providing them with computers and necessary supplies. With a team of 18 dedicated individuals, Waco Theater Center continues to foster creativity and empower artists while inspiring and connecting various communities throughout the African Diaspora.


Official website here: www.wacotheatercenter.com/

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)

The Waco Theater Center has achieved an impressive 96% rating, showcasing a strong commitment to accountability and financial transparency. This rating is derived solely from the organization's financial practices, indicating the effective management of resources. Notably, the center has a majority of independent board members, which enhances its governance quality and integrity.

The organization excels in various financial metrics, including a low liabilities-to-assets ratio and a high program expense ratio, indicating that a significant portion of its funds is directed toward its mission-related activities. The presence of comprehensive policies regarding conflict of interest and whistleblower protections further solidifies its operational credibility. Additionally, the center has successfully passed scrutiny regarding the absence of material diversions of assets.

While the financial ratings are robust, user feedback or broader programmatic evaluations are not provided in the available data. This limits a comprehensive understanding of the center's impact in the community, but its financial health is undoubtedly a significant strength. Overall, the Waco Theater Center exemplifies a nonprofit organization that prioritizes responsible management and transparency.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Waco Theater Center?

100% of 35 reviewers on Facebook recommend the Waco Theater Center. Here’s what they have to say:

The general sentiment surrounding the Waco Theater Center is overwhelmingly positive. Reviewers appreciate the warmth and inviting atmosphere of the space, highlighting a strong sense of community and creativity. Many express excitement about the center's potential and the events and activities planned for the future.

Overall, it’s clear that visitors feel a strong connection to the Waco Theater Center, praising the effort that has gone into creating a welcoming environment. Enthusiasm for what lies ahead suggests that the nonprofit truly resonates with its audience and aims to serve the community effectively.


This AI summary has been generated from reviews found on Facebook.

Is Waco Theater Center legitimate?

Waco Theater Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waco Theater Center 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: $364,394
Professional Fundraising Fees: $0
Other Salaries and Wages: $625,651

For more financial information, click here


Official website here: www.wacotheatercenter.com/

What is the mission statement of Waco Theater Center?

The Waco Theater Center is a performing and visual arts organization dedicated to showcasing stories from the African Diaspora. Located in the arts district, it provides a platform and voice for artists and young people of African descent, empowering them to connect and inspire others in the wider African Diaspora community. The center's mission is driven by the belief that art can occur anywhere, and it is committed to empowering artists within a diverse pool of communities. It encourages artists to find their purpose and tap into their individual power sources, which fuel their art. The Waco Theater Center achieves this mission by presenting live dance, theater, music, and interdisciplinary events by professional artists, providing resources to advance artists' careers, and maintaining a focus on connecting and inspiring individuals and communities.


Official website here: www.wacotheatercenter.com/

Who is the CEO of Waco Theater Center?

Shay Wafer is the President of Waco Theater Center.


Official website here: www.wacotheatercenter.com/

What is the revenue of Waco Theater Center?

Waco Theater Center's revenue in 2022 was $4,502,178.


Official website here: www.wacotheatercenter.com/

Who are the executives of Waco Theater Center and what are their salaries?

The average compensation at Waco Theater Center during 2022 was $55,002. There are 18 employees and 50 volunteers at Waco Theater Center.


Here are 7 key members and their salaries:


Richard Lawson (President)
  • Compensation: $129,062
  • Related: $0
  • Other: $0
Tina Knowles-Lawson (Vice-Preside)
  • Compensation: $129,062
  • Related: $0
  • Other: $0
Angeliki Giannakopolous (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melba Lfarquhar (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glynn Turman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Farquhar (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Wiseman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wacotheatercenter.com/

Where can I find the form 990 for Waco Theater Center?

Waco Theater Center's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wacotheatercenter.com/

Learn more at the official website: www.wacotheatercenter.com/

Mission Statement of Waco Theater Center

The Waco Theater Center, with its focus on the African Diaspora, serves as a platform and voice for artists and young people, allowing them to showcase their creativity and connect with others. Located within the vibrant North Hollywood Arts District of Los Angeles, this cultural institution is dedicated to contemporary performing and visual art from the African Diaspora. The organization, guided by the mantra "Where Art Can Occur," is committed to empowering artists from a diverse pool of communities, both locally and beyond.

Waco Theater Center offers emerging and established artists of African descent a valuable platform and voice to connect and inspire individuals and communities throughout the African Diaspora. By presenting live dance, theater, music, and interdisciplinary events by professional artists, the center provides opportunities for artists to discover their true purpose and awaken their individual power sources, which fuel their artistic endeavors. Additionally, Waco Theater Center offers resources to advance artists' careers and work, ensuring that their creative voices are heard and celebrated.

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Impact




July, 2024

The Waco Theater Center in North Hollywood, CA, plays a crucial role in the empowerment of artists within the African diaspora. By providing a platform and voice for emerging and established artists of African descent, Waco connects and inspires individuals and communities through various art forms such as dance, theater, music, and interdisciplinary events. Through its core educational programs like Tinas Angels and Richard's Warriors, Waco mentors teenage girls and boys, supporting their creativity and educational endeavors. Additionally, Waco successfully transitioned its programs online and provided necessary resources for students to continue their artistic pursuits during difficult times. With a commitment to fostering creativity, diversity, and community engagement, Waco Theater Center's impact resonates far and wide within the cultural landscape.




This information is meant to be a general summary of Waco Theater Center. 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
$4,502,178 (2022)
Expenses
$2,849,190 (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: $150,592
  • Gross Receipts: $4,502,178

Assets and Liabilities:

  • Total Assets: $5,590,838
  • Total Liabilities: $372,626
  • Net Assets: $5,218,212

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE FEES

Revenue

$150,592

Organization Details

Founding Year

2016

Principal Officer

Shay Wafer

Main Address

5144 LANKERSHIM BLVD, NORTH HOLLYWOOD, CA, 91601

NTEE Category

Code: A20 - Arts

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