Final answer:
A local movie theater is likely not a non-profit entity because it typically operates as a commercial business intent on making profits, unlike non-profits such as universities, public libraries, and community foundations that reinvest surplus funds into their services.
Step-by-step explanation:
Non-profit organizations include a variety of entities that are designed to provide services and benefits to communities without the primary goal of making a profit. Examples of such organizations are universities, public libraries, and community foundations. These organizations are structured to reinvest any surplus funds back into services or organizational growth rather than distributing profits to owners or shareholders.
By contrast, a local movie theatre is likely not a non-profit entity. Movie theatres are typically commercial businesses that operate with the intent to make a profit from their operations. They charge patrons for the services they provide and are usually owned by individuals or corporations that aim to earn financial returns from their investments.
Therefore, among the given options, the local movie theatre is likely not a non-profit entity as it operates with commercial intent typical of for-profit businesses.