Overview
What is The Park Theater Trust?
The Park Theater Trust (TPTT) is a 501(c)(3) public benefit organization, established as a volunteer task force by the City of Lafayette. With support from the Lafayette Community Foundation and various family foundations, LCF, and other institutions, including the City of Lafayette, TPTT successfully raised the necessary funds to purchase the historic Park Theater property for the community, totaling $3 million. Their mission revolves around restoring and operating the iconic Park Theater building, transforming it into a vibrant and inclusive community hub for cinema, arts, and cultural events. TPTT's programming includes critically acclaimed films, nostalgic favorites, and engaging non-film events, with the ultimate goal of preserving the theater for future generations. Since obtaining formal tax-exempt status in February 2020, TPTT has received additional grants from the Lafayette Community Foundation, furthering their mission to revitalize the Park Theater for the community's enjoyment.
Official website here: www.parktheatertrust.org
Is The Park Theater Trust legitimate?
The Park Theater Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Park Theater 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.parktheatertrust.org
What is the mission statement of The Park Theater Trust?
The Park Theater Trust's mission is centered around restoring and managing a historic cinema building in the community. Their goal is to transform it into an inclusive and accessible hub for films, nostalgic favorites, and various engaging events. The trust aims to secure ownership of the theater, shield it from external development, and preserve it for future generations to enjoy. Initially formed as a volunteer task force by the City of Lafayette, The Park Theater Trust has received financial support from various sources, including grants and private donations, enabling them to purchase the property for the community in 2021.
Official website here: www.parktheatertrust.org
Who is the CEO of The Park Theater Trust?
Jana Corey is the President of The Park Theater Trust.
Official website here: www.parktheatertrust.org
What is the revenue of The Park Theater Trust?
The Park Theater Trust's revenue in 2022 was $1,061,788.
Official website here: www.parktheatertrust.org
Who are the executives of The Park Theater Trust and what are their salaries?
- Jana Corey (President) [Trustee/Director]
- Kathy Bowles (Secretary) [Trustee/Director]
- Tracey Farrell (Treasurer) [Trustee/Director]
- Awais Mughal (Director)
- Larry Haydon (Director)
- Angela Ferrif (Director)
Official website here: www.parktheatertrust.org
Where can I find the form 990 for The Park Theater Trust?
The The Park Theater Trust’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.parktheatertrust.org
Learn more at the official website: www.parktheatertrust.org
Mission Statement of The Park Theater Trust
The Park Theater Trust, a 501(c)(3) Public Benefit corporation, is dedicated to revitalizing Lafayette's iconic Park Theater building. Their mission is to transform the theater into a community-focused cinema, arts, and culture hub. This hub will cater to a wide array of audiences, showcasing critically acclaimed films, throwback favorites, and engaging non-film events. The Trust's primary objective is to secure ownership of the Park Theater building for the community, safeguarding it from potential outside development. This way, the theater can continue to serve and entertain future generations.
Initially, The Park Theater Trust was brought together as a volunteer task force by the City of Lafayette. They were awarded seed monies by the Lafayette Community Foundation (LCF) in April 2019, followed by a formal determination letter of tax-exempt status from the IRS in February 2020. Since then, the Trust has received additional financial support from various sources, including private donations, family foundations, LCF, and the City of Lafayette. With these resources, The Park Theater Trust successfully raised the $3 million required to purchase the Park Theater property for the community, officially closing escrow in December 2021.
Impact
This information is meant to be a general summary of The Park Theater Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
The Park Theater Trust has had a significant impact on the community by refurbishing and operating Lafayette's iconic Park Theater building. They have revitalized it into an accessible and inclusive cinema, arts, and culture hub with programming that includes critically acclaimed films, throwback favorites, and engaging non-film events. The Trust's mission is not only to own the Park Theater building for the community but also to protect it from outside development and retain it for the enjoyment of future generations. Through private donations, grants from family foundations, the Lafayette Community Foundation, and other institutions, The Park Theater Trust raised the $3 million required to purchase the Park Theater property, demonstrating its dedication to preserving this cultural landmark for the community.
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:
Organization Details
Founding Year
2019
Phone
(510) 219-0671
Principal Officer
Jana Corey
Main Address
PO Box 1624, Lafayette, CA, 94549
Website
www.parktheatertrust.org
NTEE Category
Code: A65 - Arts
If you are a representative of The Park Theater 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.