Overview
What is The Byrd Theatre Foundation?
The Byrd Theatre Foundation is a nonprofit organization based in Richmond, Virginia, with a mission to enhance the cinematic experience, honor the art of film, and preserve the city's renowned movie palace. Despite a temporary closure due to COVID-19, the foundation made significant strides in capacity building. Funds from previous years were utilized to hire an executive director and reopen the theatre, enabling the creation of new revenue streams despite limited capacity. Stringent health protocols were implemented, including modifications to the HVAC system for improved air filtration and sanitization. The hiring of full-time staff also contributed to operational stability, and development activities were brought in-house for the first time. Despite operating at one-third capacity, the foundation has prioritized revenue generation while maintaining safety measures for patrons and staff.
Official website here: www.byrdtheatre.org
Is The Byrd Theatre Foundation legitimate?
The Byrd Theatre Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Byrd Theatre Foundation 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.
Here are some key statistics you may want to consider:
Executive Compensation: $80,539
Professional Fundraising Fees: $0
Other Salaries and Wages: $418,757
For more financial information, click here
Official website here: www.byrdtheatre.org
What is the mission statement of The Byrd Theatre Foundation?
The Byrd Theatre Foundation's mission is centered around enhancing the cinematic experience, appreciating the art of film, and preserving a historic motion picture palace in America. Their objective is to elevate the Byrd Theatre's status among American cinemas, serving as a hub for exceptional films and ensuring the broadest public access to these experiences. Despite the closure due to COVID-19, the foundation made significant strides in capacity building, hiring an executive director, reopening with new revenue streams, implementing safety protocols, and employing full-time staff to establish operational stability. Development activities were also brought in-house, allowing the theatre to operate safely at reduced capacity amidst the ongoing COVID-19 variants.
Official website here: www.byrdtheatre.org
Who is the CEO of The Byrd Theatre Foundation?
Martin Davenport is the Chair of The Byrd Theatre Foundation.
Official website here: www.byrdtheatre.org
What is the revenue of The Byrd Theatre Foundation?
The Byrd Theatre Foundation's revenue in 2022 was $1,416,918.
Official website here: www.byrdtheatre.org
Who are the executives of The Byrd Theatre Foundation and what are their salaries?
The average compensation at The Byrd Theatre Foundation during 2022 was $24,965. There are 20 employees at The Byrd Theatre Foundation.
Here are 18 key members and their salaries:
- Stacy Shaw (Executive Director)
- Martin Davenport (Chair) [Trustee/Director]
- Ted Haynes (Chair Nominee) [Trustee/Director]
- Robin Ashworth (Vice Chair) [Trustee/Director]
- Ben Cronly (Treasurer) [Trustee/Director]
- Beth Schulhof (Secretary) [Trustee/Director]
- Dr Keith Miller (Director)
- Chris Banta (Director)
- Steve Taylor (Director)
- John Spacek (Director)
- Kevin Brandt (Director)
- Jim Contner (Director)
- Wayne Dementi (Director)
- Charles Donato (Director)
- Dick Luck (Director)
- Frank Rizzo (Director)
- David Ross (Director)
- Liz Tyler (Director)
Official website here: www.byrdtheatre.org
Where can I find the form 990 for The Byrd Theatre Foundation?
The The Byrd Theatre Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.byrdtheatre.org
Learn more at the official website: www.byrdtheatre.org
Mission Statement of The Byrd Theatre Foundation
The Byrd Theatre Foundation's mission is centered around enriching the cinematic experience and preserving the prestige of Virginia's iconic movie palace. Their objective is to elevate the Byrd Theatre's standing among American cinemas, serving as a hub for a diverse range of exceptional films, ensuring broad public access. The foundation's vision is to maintain this landmark position, providing a wide array of cinematic experiences that cater to various audiences.
Despite facing closures due to the COVID-19 pandemic, the foundation has demonstrated significant growth in its capacity. Utilizing funds raised in previous years, they hired their first executive director, marking a significant milestone in their development. Upon re-opening, the company introduced new revenue streams, implementing stringent health protocols and investing in the theatre's HVAC system. The maintenance work included a comprehensive cleaning of the system and installation of a triple filtration system, employing hospital-grade filters and UV lighting, aiming to minimize the spread of the virus and ensure modern maintenance. The foundation also expanded its team by hiring full-time staff members, contributing to operational stability. Moreover, they brought development activities in-house, enabling them to operate at one-third of their full capacity while prioritizing the safety of patrons and staff during the ongoing pandemic.
Impact
This information is meant to be a general summary of The Byrd Theatre Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Byrd Theatre Foundation has made significant strides in capacity building despite facing challenges such as the closure of the theatre during months of the fiscal year due to COVID-19. The Foundation utilized funds raised in previous years to hire its first executive director, who arrived after the theatre had been closed. Despite operating at one-third of available occupancy, the Foundation managed to develop new revenue streams and implement CDC protocols to ensure the safety of patrons and staff.
Additionally, the Foundation invested in enhancing the HVAC system by conducting system-wide cleaning, installing a triple filtration system with hospital-grade filters and U/V lighting to eliminate as much of the virus as possible, and establishing modern maintenance practices for the system. By employing several full-time staff positions and bringing development activities in-house for the first time, the Foundation has achieved operational stability and continued to provide exceptional cinematic experiences to the public.
Through its efforts to expand the big screen experience, celebrate the art of cinema, and preserve Virginia's grand motion picture palace, the Byrd Theatre Foundation is cementing its position as a center for film that offers broad public access to exceptional cinematic experiences, ultimately contributing to the cultural vibrancy of Richmond, VA.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Ticket Sales
Revenue
$313,003
Movie, game parties, a
Revenue
$48,516
Organization Details
Founding Year
2002
Phone
(804) 648-5008
Principal Officer
Martin Davenport
Main Address
2908 W Cary Street, Richmond, VA, 23221
Website
www.byrdtheatre.org
NTEE Category
Code: A61 - Arts
If you are a representative of The Byrd Theatre Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.