Overview
What is Alameda Theater Conservancy?
The Alameda Theater Conservancy is a nonprofit organization situated in San Antonio, Texas. Their primary focus is on the redevelopment and preservation of the Alameda property, overseeing operations within the theater building. The organization has invested substantial resources, amounting to $670,417, towards renovations. Rather than expensing these costs, they have chosen to capitalize them as renovations are still in progress. The Alameda Theater Conservancy's mission lies in being a significant platform for showcasing Latin arts and culture. By managing and programming the Alameda Complex, they aim to serve the diverse community of San Antonio, as well as visitors, through entertainment, education, and inspiration.
Official website here: www.alamedatheaterconservancy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 29%
The Alameda Theater Conservancy has received a low rating of 29%, which translates to a Zero-Star out of Four Star rating. This score reflects significant concerns regarding the organization’s accountability and financial practices. The rating is based entirely on the Accountability & Finance beacon, indicating that there are critical areas where the nonprofit is lacking, particularly in the transparency and reporting of financial statements.
Strengths of the organization include having a fully independent board, with all members meeting this criterion. Additionally, the nonprofit has demonstrated good practices in certain areas, such as maintaining meeting minutes and ensuring no material diversion of assets. However, the absence of key policies, such as conflict of interest and whistleblower policies, raises concerns about governance practices.
Significant limitations include a complete lack of financial statements and a troubling 0.00% program expense ratio, suggesting that no resources are being allocated towards programmatic activities. Furthermore, the missing tax form on the nonprofit's website and several other gaps in their governance documents highlight a lack of transparency that may deter potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Alameda Theater Conservancy legitimate?
Alameda Theater Conservancy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alameda Theater Conservancy 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
For more financial information, click here
Official website here: www.alamedatheaterconservancy.org
What is the mission statement of Alameda Theater Conservancy?
The Alameda Theater Conservancy's mission is centered around being an active promoter of Latino arts and culture. They aim to manage and program the Alameda Complex, using the power of arts to bridge divides and serve a diverse audience. Recognizing the unifying role of the arts, they strive to provide programming that entertains, educates, and inspires everyone, not just those in San Antonio, but also visitors. Their objective is to revitalize the Alameda property and effectively manage operations within the theater building.
Official website here: www.alamedatheaterconservancy.org
Who is the CEO of Alameda Theater Conservancy?
George P Cortez is the Director of Alameda Theater Conservancy.
Official website here: www.alamedatheaterconservancy.org
What is the revenue of Alameda Theater Conservancy?
Alameda Theater Conservancy's revenue in 2022 was $836,888.
Official website here: www.alamedatheaterconservancy.org
Who are the executives of Alameda Theater Conservancy and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.alamedatheaterconservancy.org
Where can I find the form 990 for Alameda Theater Conservancy?
Alameda Theater Conservancy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alamedatheaterconservancy.org
Learn more at the official website: www.alamedatheaterconservancy.org
Mission Statement of Alameda Theater Conservancy
The Alameda Theater Conservancy, a nonprofit organization, is dedicated to serving as a vibrant disseminator of Latin arts and culture. Its primary mission is to manage and program the Alameda Complex, recognizing the significant role of the arts in fostering unity among people. The organization aims to cater to everyone in San Antonio and beyond with its programming, which is designed to entertain, educate, and inspire. In line with this mission, the Alameda Theater Conservancy is currently overseeing the redevelopment and preservation of the Alameda property, managing operations within the theater building. Notably, the organization incurred renovation costs of $670,417, which were not expensed but rather capitalized as renovation in progress.
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Impact
July, 2024
Alameda Theater Conservancy is a vital presenter of Latino arts and culture, managing and programming the Alameda Complex in San Antonio, TX. The organization aims to serve everyone in San Antonio and visitors by providing programming that entertains, educates, and inspires. Through overseeing the redevelopment and preservation of the Alameda property and managing operations in the theater building, the conservancy plays a crucial role in supporting and promoting Latino arts and culture in the community.
This information is meant to be a general summary of Alameda Theater Conservancy. 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.
- Gross Receipts: $836,888
Assets and Liabilities:
- Total Assets: $10,942,092
- Total Liabilities: $486,965
- Net Assets: $10,455,127
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Organization Details
Founding Year
2017
Phone
(710) 951-6400Principal Officer
George P Cortez
Main Address
PO BOX 830425, SAN ANTONIO, TX, 78283
NTEE Category
Code: A20 - Arts
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