Transition to Nonprofit
The Power House Theatre is on the move. A 501(c)(3) nonprofit organization, called Power House Theatre Walla Walla, Inc., has been formed with the goal of raising funds to assume ownership of the theater.
The Power House Theatre is currently a limited liability company, actively owned and operated by the Anderson and Ledford families (and other silent partners). As part of a transition plan, the current owners will gift their equity in the LLC to the nonprofit.
Gesa Power House Theatre has grown into a local hub for live performances, including in-house productions, rentals by outside groups, and private events. On average, 20,000 people attend events in the historic building each year. Originally the Walla Walla Gas Plant, the building was originally built more than 125 years ago to produce coal gas to light the streets, businesses and homes of Walla Walla.
Transitioning to a nonprofit, which is an industry standard for performance venues, will ensure that the building will be maintained as a public asset well into the future. Private ownership is rare as ticket sales cannot fully cover ongoing operating expenses, which must be supplemented through other funding sources, including tax-deductible donations from businesses and individuals.
The Power House Theatre nonprofit board members are: John Jamison, President; Karl Eckhardt, Treasurer; Amy Watkins, Secretary; Jim Barrow; Michelle Conner; Ted Cox; Jim Michelson; and Erica Walter.
To learn more, or to find out how you can help support the new nonprofit, contact firstname.lastname@example.org.