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Hennepin Theatre Trust

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

EIN: 412017278 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

Overview

What is Hennepin Theatre Trust?

Hennepin Theatre Trust is a Minneapolis-based nonprofit organization dedicated to enhancing downtown Minneapolis through arts and culture. They are known for bringing Broadway's leading professional productions to Minnesota, with popular shows like Hamilton, Wicked, Frozen, Dear Evan Hansen, and Come From Away drawing approximately 350,000 people to the area each year. Their three historic theaters also attract diverse musical, dance, and comedic talent, contributing significantly to the local creative economy. The Trust's mission is to bring people, businesses, and organizations together to create and enjoy cultural experiences. As leaders of the Hennepin Theatre District, they develop public-private partnerships to address challenges such as business vacancies, homelessness, safety, and youth unemployment. With a team of over 60 employees, they drive cultural and economic vitality in Minnesota.


Official website here: www.hennepintheatretrust.org

Is Hennepin Theatre Trust legitimate?

Hennepin Theatre Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hennepin Theatre Trust 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: $565,960
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,544,927

For more financial information, click here


Official website here: www.hennepintheatretrust.org

What is the mission statement of Hennepin Theatre Trust?

Hennepin Theatre Trust aims to instigate positive change through the arts by uniting individuals, businesses, and organizations. They accomplish this mission by spearheading the lively Hennepin Theatre District in Minnesota and providing educational programming that reaches every corner of the state. Their five historic venues, which include the Orpheum, State, Pantages, and Dudley Riggs Theatres, as well as the Hennepin Event Center, showcase top-tier entertainment, from Broadway productions to a diverse range of arts programming. The trust is a non-profit organization, with a focus on fostering cultural and economic vitality in Minnesota.


Official website here: www.hennepintheatretrust.org

Who is the CEO of Hennepin Theatre Trust?

Mark Nerenhausen is the President/Ceo of Hennepin Theatre Trust. The CEO's salary of Hennepin Theatre Trust is $364,505 and their total compensation is $429,184.


Official website here: www.hennepintheatretrust.org

What is the revenue of Hennepin Theatre Trust?

Hennepin Theatre Trust's revenue in 2022 was $37,437,348.


Official website here: www.hennepintheatretrust.org

Who are the executives of Hennepin Theatre Trust and what are their salaries?

The average compensation at Hennepin Theatre Trust during 2022 was $50,998. There are 61 employees and 25 volunteers at Hennepin Theatre Trust.

Here are 27 key members and their salaries (Hennepin Theatre Trust's CEO's salary is $364,505 and their total compensation is $429,184):

    Mark Nerenhausen (President/Ceo) [Trustee/Director]
  • Compensation: $364,505
  • Related: $0
  • Other: $64,679

    • Jim Langemo Chief (Administrative Officer)
  • Compensation: $177,617
  • Related: $0
  • Other: $33,772

    • Lisa Krohn (Director Of Theatre Progra)
  • Compensation: $113,086
  • Related: $0
  • Other: $33,094

    • Jay Novak (Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Travis Barkve (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Mokros (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Tenenbaum (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Johnson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marie Becker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Molly Biwer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Brin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Orlando Bryant (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Justin Buoen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Al Coleman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michele Engdahl (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gloria Freeman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Gullickson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Hart Kajer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jayne Haugen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Herschel Herndon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Kwiat (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dorraine Larison (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Moffly (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sue Ross (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melvin Tennant (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennie Weber (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bret Weiss (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hennepintheatretrust.org

    Where can I find the form 990 for Hennepin Theatre Trust?

    The Hennepin Theatre Trust’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hennepintheatretrust.org

    Learn more at the official website: www.hennepintheatretrust.org

    Mission Statement of Hennepin Theatre Trust

    Hennepin Theatre Trust, a renowned nonprofit organization, strives to instigate positive change in Minnesota through the arts. By acting as a catalyst, the Trust brings together various individuals, businesses, and institutions to create and experience cultural events. Hennepin Theatre Trust's commitment extends beyond its dynamic Hennepin Theatre District in downtown Minneapolis, reaching every corner of the state through its educational programming.

    The Trust's five historic venues - the Orpheum, State, Pantages, and Dudley Riggs Theatres, as well as the Hennepin Event Center - are the beacons that illuminate Hennepin Avenue with top-tier entertainment. These venues play host to the best of Broadway and an eclectic array of arts programming, offering a rich and diverse cultural landscape for the community. The Trust's nonprofit status as a 501(C)(3) organization underscores its dedication to enriching the lives of Minnesotans through the transformative power of the arts.

    Impact

    This information is meant to be a general summary of Hennepin Theatre Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Hennepin Theatre Trust's impact is significant in driving cultural and economic vitality in Minnesota through its leadership of the dynamic Hennepin Theatre District in downtown Minneapolis. By bringing together people, businesses, and organizations to create and enjoy cultural experiences, the Trust plays a crucial role in protecting and preserving the historic arts district and improving the overall experience for all who interact with it.

    Through its programming, which includes bringing Broadway's leading professional productions to Minnesota audiences, the Trust attracts nearly 350,000 people to downtown Minneapolis annually. Shows like Hamilton, Wicked, and Dear Evan Hansen draw audiences from around the Upper Midwest region and beyond, contributing millions to the local creative economy.

    Moreover, the Trust's diverse theatre programming, which features a wide array of music, dance, and comedic talent, brings in over 600,000 people to downtown Minneapolis, further enriching the cultural scene of the city. As leaders of the Hennepin Theatre District, the Trust engages in various projects and develops public-private partnerships to address challenges in downtown, such as business vacancies, homelessness, safety, and youth unemployment.

    Overall, Hennepin Theatre Trust's impact is felt not only through its entertainment offerings but also through its contribution to the community's well-being and economic growth.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1
  • Program Service Revenue: $21,940,200
  • Gross Receipts: $37,479,307

    • Assets and Liabilities:
  • Total Assets: $31,187,926
  • Total Liabilities: $17,917,206
  • Net Assets: $13,270,720
  • Programs

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

    SHOW REVENUE

    Revenue

    $21,774,031

    COMMUNITY PROGRAMS

    Revenue

    $113,358

    EVENT CENTER RENTAL RE

    Revenue

    $44,531

    MARKETING REVENUE

    Revenue

    $8,280

    Organization Details

    Founding Year

    2000

    Principal Officer

    Mark Nerenhausen

    Main Address

    900 HENNEPIN AVENUE, MINNEAPOLIS, MN, 55403

    NTEE Category

    Code: A65 - Arts

    If you are a representative of Hennepin Theatre Trust 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.