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Tower Theatre Foundation Inc

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

EIN: 911829147 ✦ Bend, OR ✦ Designated as a 501(c)(3)

Overview

What is Tower Theatre Foundation Inc?

Tower Theatre Foundation Inc, located in Bend, Oregon, serves as a significant cultural hub in the region. With a focus on performing arts and community engagement, the foundation is committed to providing a platform for various events, fostering education, and strengthening community bonds. Approximately 5% of their licensees are nonprofit organizations, demonstrating their dedication to supporting local charities. The foundation's mission is to be Central Oregon's leading performing arts organization, contributing essential lifestyle enhancements and community vitality through exceptional spaces for performances, education, civic gatherings, and social events. With a team of 46 dedicated individuals, Tower Theatre Foundation Inc plays a vital role in enriching the community's cultural landscape.


Official website here: www.towertheatre.org

Is Tower Theatre Foundation Inc legitimate?

Tower Theatre Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tower Theatre Foundation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $121,228
Professional Fundraising Fees: $0
Other Salaries and Wages: $775,041

For more financial information, click here


Official website here: www.towertheatre.org

What is the mission statement of Tower Theatre Foundation Inc?

Tower Theatre Foundation Inc's mission is to establish itself as the leading performing arts organization in its region, making significant contributions to the community's lifestyle and strength. This is achieved by offering a diverse range of cultural and educational programs, providing an exceptional venue for performances, education, civic gatherings, and social events. The foundation strives to enrich the community by offering a space that caters to various events, with a focus on nonprofit organizations accounting for 5% of its licensees.


Official website here: www.towertheatre.org

Who is the CEO of Tower Theatre Foundation Inc?

Ray Solley is the Secretary of Tower Theatre Foundation Inc.


Official website here: www.towertheatre.org

What is the revenue of Tower Theatre Foundation Inc?

Tower Theatre Foundation Inc's revenue in 2023 was $2,351,818.


Official website here: www.towertheatre.org

Who are the executives of Tower Theatre Foundation Inc and what are their salaries?

The average compensation at Tower Theatre Foundation Inc during 2023 was $19,484. There are 46 employees and 60 volunteers at Tower Theatre Foundation Inc.

Here are 13 key members and their salaries:

    Ray Solley (Executive Director)
  • Compensation: $121,229
  • Related: $0
  • Other: $6,061

    • Richard Gallio (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Magidson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Colin Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Albertazzi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beverley Maul (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Lowery-North (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Phil Gammel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Gesme (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aleta Nissen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Oas (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Woodruff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.towertheatre.org

    Where can I find the form 990 for Tower Theatre Foundation Inc?

    The Tower Theatre Foundation Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.towertheatre.org

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

    Mission Statement of Tower Theatre Foundation Inc

    Tower Theatre Foundation Inc aspires to be the leading performing arts organization in its region, making significant contributions to the local lifestyle and community strength. Its mission is accomplished by offering a remarkable venue for performances, education, civic gatherings, and social events. This nonprofit organization provides cultural and educational programs that are essential to the community's vitality. By offering an extraordinary space for various events, Tower Theatre Foundation Inc plays a pivotal role in enriching the region's artistic landscape and fostering a sense of community. Additionally, 5% of the theater's licensees are nonprofit organizations, which further emphasizes its commitment to supporting local cultural initiatives.

    Impact

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




    Saturday, July 20, 2024

    Tower Theatre Foundation Inc's impact is evident in its role as Central Oregon's leading performing arts organization. By providing cultural and educational programs that enrich the region's lifestyle and enhance the strength of the community, Tower Theatre Foundation Inc offers an extraordinary space for performances, education, civic gatherings, and social events. The organization's utilization of the theatre for a wide variety of cultural events throughout the year underscores its commitment to fostering creativity, entertainment, and community engagement. Through its initiatives, Tower Theatre Foundation Inc contributes significantly to the cultural vibrancy and social cohesion of Bend, Oregon, and beyond.





    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 2023.

  • Investment Income: $7,713
  • Program Service Revenue: $1,526,665
  • Gross Receipts: $2,355,338

    • Assets and Liabilities:
  • Total Assets: $3,730,064
  • Total Liabilities: $667,805
  • Net Assets: $3,062,259
  • Programs

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

    IN HOUSE PRESENTING

    Revenue

    $738,518

    EVENTS AND RELATED INC

    Revenue

    $662,190

    TICKET OFFICE

    Revenue

    $125,957

    Organization Details

    Founding Year

    1997

    Principal Officer

    Ray Solley

    Main Address

    PO BOX 1378, BEND, OR, 97709

    NTEE Category

    Code: A65 - Arts

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