Byrd Theatre Foundation
Byrd Theatre Foundation
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About this organization
Mission
Mission Statement: To expand the big screen experience, celebrate the art of cinema and preserve Virginia's grand motion picture palace. Vision Statement: To elevate the Byrd Theatre’s landmark position among American theaters as a center for film that continues to provide the broadest possible public access to exceptional cinematic experiences.
About
Capacity Building for Growth:The Foundation is engaged in reducing and refinancing the mortgage held by the previous owner. A former donor in Phase One of restoration has now committed an additional $500,000 -- $250,000 of which is to reduce the mortgage to $750,000 for refinancing purposes. An immediate impact includes monthly cash flow relief and about $25,000 in annual revenues. The remainder of the $500,000 gift will be used for capacity building and growth. A dedicated and diversely skilled volunteer board of directors leads the Foundation. While there is not yet staff directly employed, the Foundation has engaged a contract who manages development and provides foundation support. Additionally, the Foundation is developing a contractor position to manage marketing.
Interesting data from their 2020 990 filing
The purpose of the non-profit, as set forth in the filing, is “To expand the big screen experience, celebrate the art of cinema and preserve virginia's grand motion picture palace, with a vision to elevate the byrd's landmark position among american theaters as a center for film that continues to provide the broadest possible public access to exceptional cinematic experiences.”.
When discussing its purpose, they were characterized as: “To expand the big screen experience, celebrate the art of cinema and preserve virginia's grand motion picture palace, with a vision to elevate the byrd's landmark position among american theaters as a center for film that continues to provide the broadest possible public access to exceptional cinematic experiences.”.
- The state in which the non-profit is legally authorized to operate is VA, as reported.
- The filing confirms that the non-profit's address in 2020 was 4023 Clinton Avenue, Richmond, VA, 23227.
- The form of the non-profit reports 0 employees as of 2020.
- The non-profit has loans outstanding as of 2020.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor advised fund.
- Is not a private foundation.
- Expenses are less than $100,000.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is $478,557.
- The CEO salary plan within the organization is not subject to review and approval by an impartial entity.
- The organization has 12 independent voting members.
- The organization was formed in 2002.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $38,722 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has fundraising events.
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