Overview
What is Act Two Second Hand Store Inc?
Act Two Second Hand Store Inc, located at 66 Main Street, Vineyard Haven, MA 02568, is a not-for-profit retail establishment with a primary purpose of supporting community theater, arts, and education on Martha's Vineyard. This organization serves as both a significant year-round business and a social anchor in the downtown area. In addition to its own mission, Act Two Second Hand Store Inc also contributes to other non-profit organizations, as outlined in its mission statement. The entity raises funds through retail operations and donates a portion of its earnings to various charitable causes. With a workforce of 10 employees, Act Two Second Hand Store Inc plays a vital role in supporting the local community and arts scene on Martha's Vineyard.
Official website here: www.acttwosecondhandstore.org/
Is Act Two Second Hand Store Inc legitimate?
Act Two Second Hand Store Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Act Two Second Hand Store 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $108,173
For more financial information, click here
Official website here: www.acttwosecondhandstore.org/
What is the mission statement of Act Two Second Hand Store Inc?
Act Two Second Hand Store Inc is a non-profit retail operation with a primary goal of raising funds for community theater, arts, and education. The organization supports and funds various not-for-profit organizations while also aiming to establish itself as a significant year-round business and social hub within its local downtown business district. Act Two's mission extends beyond its own operations, aiming to contribute to the betterment of the community and various artistic and educational initiatives.
Official website here: www.acttwosecondhandstore.org/
Who is the CEO of Act Two Second Hand Store Inc?
Kevin David Ryan is the President/Di of Act Two Second Hand Store Inc.
Official website here: www.acttwosecondhandstore.org/
What is the revenue of Act Two Second Hand Store Inc?
Act Two Second Hand Store Inc's revenue in 2022 was $379,052.
Official website here: www.acttwosecondhandstore.org/
Who are the executives of Act Two Second Hand Store Inc and what are their salaries?
The average compensation at Act Two Second Hand Store Inc during 2022 was $10,817. There are 10 employees at Act Two Second Hand Store Inc.
Here are 5 key members and their salaries:
- Compensation: $28,320
- Related: $0
- Other: $0
- Compensation: $11,793
- Related: $0
- Other: $0
- Compensation: $15,165
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $574
- Related: $0
- Other: $0
Official website here: www.acttwosecondhandstore.org/
Where can I find the form 990 for Act Two Second Hand Store Inc?
Act Two Second Hand Store Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.acttwosecondhandstore.org/
Learn more at the official website: www.acttwosecondhandstore.org/
Mission Statement of Act Two Second Hand Store Inc
Act Two Second Hand Store Inc, a not-for-profit organization, is primarily focused on serving as a retail outlet. Its principal objective is to generate funds for community theater, arts, and education on Martha's Vineyard. Beyond this, Act Two also aims to support and fund other non-profit organizations. Act Two aspires to be more than just a charity shop; it strives to be a significant year-round business and a social anchor in the downtown business district. The organization's mission is multifaceted, combining its retail operations with its commitment to the local community, thereby playing a pivotal role in the arts and education sector.
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Impact
October, 2024
Act Two Second Hand Store Inc serves as a vital contributor to the cultural and educational landscape of Martha's Vineyard by generating funds to support community theater, arts, and education initiatives. By establishing itself as a year-round business and social anchor in downtown Vineyard Haven, it fosters community engagement and collaboration.
Through the donation of goods and inventory, Act Two not only provides a platform for sustainable shopping but also enhances the availability of resources for various local nonprofit organizations. The store's commitment to raising funds enables it to offer awards, donations, and grants, positively impacting cultural programs and educational opportunities across the island.
Moreover, by promoting a culture of giving and reuse, Act Two encourages environmental sustainability and builds a sense of community among both residents and visitors. The store plays an essential role in enhancing the vibrancy of downtown Vineyard Haven, serving as a hub for local engagement and support for the arts. Overall, Act Two Second Hand Store Inc significantly enriches the community by blending retail with a mission-driven approach that prioritizes the arts and education.
This information is meant to be a general summary of Act Two Second Hand Store 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: $26
- Program Service Revenue: $261,223
- Gross Receipts: $379,052
Assets and Liabilities:
- Total Assets: $192,293
- Total Liabilities: $87,063
- Net Assets: $105,230
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THRIFT SHOP SALES
Revenue
$261,223
Organization Details
Founding Year
2019
Phone
(508) 338-2124Principal Officer
Kevin David Ryan
Main Address
66 MAIN STREET, VINEYARD HAVEN, MA, 025685411
NTEE Category
Code: W12 - Public benefit
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