The Temple Theater for the Performing Arts
Nonprofit profile at a glance
- EIN
- 271502559
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024
- Location
- Meridian, MS, USA
- Phone
- 6016935353
- Rating
- 34
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $150,761
- Expenses
- $180,784
- Assets
- $141,842
- Liabilities
- $896,083
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- ROGER SMITH (PRESIDENT)
People named in this filing
- ROGER SMITH (PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The temple theater is a rental venue for events of every genre and state production. The auditorium holds up to 1,600 people while the ballroom holds up to 500 people. Both are available for weddings, receptions, presentations, pageants, and state events, including theater groups, "stage 2 and "company of angels," both of which bring revenue to the temple in the form of stage productions. The temple hosts many plays, concerts of every musical genre, and various stage shows.
What it reported doing in 2024
The temple theater produces and presents shows that offer education and entertainment for thousands of people year round showcasting Mississippi's rich cultural heritage, which helps promote and increase tourist traffic to the area and in doing so, enables a better local economy.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 26
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -19.9%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 0.78; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: 6.32; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -120% per year; rating input score 0; 1st percentile among comparable filings
- Revenue growth: -9.9% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: -33.3% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Sustainability: Operating margin scored 8/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.