Hardacre Theater Preservation Group Gets Non-Profit Status - News and Weather For The Quad Cities -

Hardacre Theater Preservation Group Gets Non-Profit Status

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The group working to save the Hardacre Theater in Tipton, Iowa announced Tuesday it now has non-profit status. That means donations to the Hardacre Theater Preservation Association will be tax deductible. It also allows the group to pursue grants and funding opportunities only available to non-profit organizations.

The group is trying to save the nearly 100-year-old theater in downtown Tipton, which closed in August 2013. Members say the industry's rapid transition from film to digital is expensive and has left many small, privately owned theaters scrambling to upgrade or close. Before it closed, the Hardacre Theater had continuous operation since it opened in 1916. The theater is known as the home of the Hardacre Film Festival.

Organizers hope to raise enough money to purchase the theater and repurpose as a venue for both live and recorded entertainment.