Carolina Theatre Of Durham, Inc.
Carolina Theatre Of Durham, Inc.
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About this organization
Mission
The mission of the Carolina Theatre of Durham, Inc. (CTD) is to serve Durham and the Triangle region with vibrant, thought-provoking programs of the performing and cinematic arts in our historic treasure, The Carolina Theatre. We strive to contribute to the cultural and economic vitality of downtown Durham and to delight and educate our children and future leaders. The CTD artistic programming strives to unlock the imagination, challenge the mind and celebrate the rich diversity of our region through cinematic and performing arts. The organization receives an annual contract fee from the city that is applied to the contract fulfillment and maintenance of the actual building. People are drawn to the Carolina for inspiration, for learning and for fun; yet ticket sales and other earned income cover only 84% of the operating expenses. The organization must raise $400,000 annually to operate Durham County's only independent arthouse cinema, produce signature film festivals and present quality stage programs for students, aspiring artists and underserved communities.
About
Live Performances: Carolina Theatre of Durham is dedicated to presenting vibrant, thought-provoking live performances that contribute to the cultural and economic vitality of downtown Durham and the Triangle region. To this end, CTD presents local and national artists which it books directly or in partnership with other promoters like National Shows 2 and Duke Performances. In FY 2019, CTD hosted 70 live performances featuring a wide range of artists and sold 49,844 tickets.
Interesting data from their 2020 990 filing
According to the filing documents, the non-profit's mission is defined as “To serve greater durham and the triangle region with vibrant, thought-provoking programs of the performing and cinematic arts in our historic treasure, the carolina theatre. we strive to contribute to the cultural and economic vitality of downtown durham and to delight and educate our children and future leaders.”.
When referring to its tasks, they were referred to as: “To serve greater durham and the triangle region with vibrant, thought-provoking programs of the performing and cinematic arts in our historic treasure, the carolina theatre. we strive to contribute to the cultural and economic vitality of downtown durham and to delight and educate our children and future leaders.”.
- The non-profit's state of operation has been legally reported as NC.
- According to the latest filing, the non-profit's address in 2020 is 309 W Morgan St, Durham, NC, 27701.
- The total number of employees reported by the non-profit on their form for 2020 is 134.
- 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 greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $406,400.
- The CEO compensation package within the organization is not determined through a thorough evaluation and endorsement by a neutral source.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 18 independent voting members.
- The organization was formed in 1992.
- 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 $1,839,961 in salary, compensation, and benefits to its employees.
- The organization pays $229,385 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization's financial statements were reviewed by an accountant.
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