Skip to the page content
Your donations
Passes our checks

The Tivoli Theatre Foundation Inc

EIN 47-4405861 · Chattanooga, TN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong96 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE CORPORATION SHALL, BY ITSELF OR IN AFFILIATION WITH OTHER ENTITIES, OWN, HOLD, LEASE, OPERATE, MAINTAIN, RENOVATE, AND IMPROVE CERTAIN REAL PROPERTY KNOWN AS THE TIVOLI THEATRE, THE SOLDIERS & SAILORS MEMORIAL AUDITORIUM, INCLUDING THE ROBERT KIRK WALKER COMMUNITY THEATRE, AND THE TIVOLI CENTER (COLLECTIVELY, THE "VENUES") LOCATED IN CHATTANOOGA, TENNESSEE, IN ORDER TO (A) TO PROVIDE PERFORMING ARTS VENUES FOR THE COMMUNITY AND OTHER ENTITIES AND INDIVIDUALS FOR ARTISTIC AND EDUCATIONAL ACTIVITIES; (B) TO PRESERVE AND RESTORE THE VENUES AS HISTORICAL LANDMARKS, IF APPROPRIATE; (C) TO LEASE THE TIVOLI CENTER (OR PARTS THEREOF) TO THIRD PARTIES AND OTHER CHARITABLE ORGANIZATIONS IN SUPPORT OF THE CORPORATION'S MISSION; AND (D) TO PROVIDE THE GENERAL PUBLIC WITH A GREATER AWARENESS, APPRECIATION, AND UNDERSTANDING OF THE THEATRICAL AND PERFORMING ARTS.

Income
$20.1 million
Spending
$16.2 million
Spent on programs
96%
Reserves
19.5 months of spending
Largest source of income
fees for its services, 73%
Employees
27
Volunteers
0
Highest pay
$319,843, executive director ceo

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 96 out of 100. Higher than 84% of charities in its peer group (arts and culture, $10m to $100m).

  • Reserves

    35 of 35

    Spendable reserves would cover 19.5 months of spending.

  • Debt

    16 of 20

    It owes 19% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 19% of income.

  • Income trend

    15 of 15

    Income rose 20% on the year before.

  • Spending floor

    15 of 15

    96% of spending went to programs and raising each dollar of donations cost 9 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 34% of charities in its peer group (arts and culture, $10m to $100m).

  • Independent board

    25 of 25

    23 of 23 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $15.6 million spent. OPERATION OF TWO HISTORIC PERFORMING ARTS VENUES IN CHATTANOOGA, TN, THE TIVOLI THEATRE AND SOLDIERS AND SAILORS MEMORIAL AUDITORIUM; TO OVERSEE THE FUNDRAISING EVENTS AND DIRECTION OF THE FACILITIES. (DOES NOT INCLUDE IN-KIND EXPENSES OF $32,050)

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 2015.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.