Overview

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Est.

2007

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Wellington Ritz Theatre Inc is a not-for-profit organization dedicated to maintaining, promoting, and operating the historic Ritz Theatre in downtown Wellington, Texas, serving as a regional center for arts and culture education and popular cinema. With an operating budget of $329.9K and total revenue of $507.8K for the filing year 2024, the organization receives significant support from key funders such as Zephyr Foundation and Amarillo Area Foundation Inc. The organization does not rely on a single funder for 50% or more of its revenue.

Mission Statement

NOT-FOR-PROFIT ORGANIZATION THAT EXISTS TO MAINTAIN, PROMOTE AND OPERATE THE HISTORIC RITZ THEATRE IN DOWNTOWN WELLINGTON, TEXAS AS A REGIONAL CENTER FOR ARTS AND CULTURE EDUCATION AND POPULAR CINEMA.
Revenues
$507.8K
Expenses
$329.9K
Net Income:
+$177.9K
Assets
$1.8M
Liabilities
$8.5K
Net Assets:
+$1.8M
Operating Budget
$329.9K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$283K
Largest grant received
$283K
B
Bob Owens
Board Member
J
Justin Mixon
Board Member
M
Margret Wood
Board Member

Frequently Asked Questions

What is WELLINGTON RITZ THEATRE INC’s budget?
In 2024, WELLINGTON RITZ THEATRE INC reported an annual operating budget of around $330 thousand. More detailed financial information is available to registered users.
What causes does WELLINGTON RITZ THEATRE INC support?
WELLINGTON RITZ THEATRE INC supports work in Theater.
Where does WELLINGTON RITZ THEATRE INC operate?
WELLINGTON RITZ THEATRE INC is headquartered in Wellington, TX.
Who funded WELLINGTON RITZ THEATRE INC recently?
In 2024, WELLINGTON RITZ THEATRE INC received grants from ZEPHYR FOUNDATION, ZEPHYR FOUNDATION, and ZEPHYR FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant WELLINGTON RITZ THEATRE INC received in 2024?
The largest grant to WELLINGTON RITZ THEATRE INC in 2024 exceeds $283 thousand.