Vermont Performing Arts League

Charity Navigator Rating: 59%

The Vermont Performing Arts League has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns with its financial accountability and transparency. The organization scored 59% overall, with notable strengths including a fully independent board and the absence of material asset diversion. However, there are critical weaknesses highlighted, particularly in its governance policies and financial health, including a very high liabilities to assets ratio.

While the nonprofit has a solid program expense ratio of approximately 65%, which reflects a commitment to its mission, the lack of essential policies like a whistleblower policy and document retention procedures raises red flags about its operational practices. Furthermore, the charity has not made its tax forms available on its website, which affects transparency and public trust.

Overall, the Vermont Performing Arts League demonstrates some positive attributes in governance but faces significant challenges in financial management and policy implementation. Stakeholders may want to consider these factors when evaluating their support or involvement with the organization.

This AI summary has been generated from information found on Charity Navigator.

Vermont Performing Arts League is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vermont Performing Arts League submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $17,210
Professional Fundraising Fees: $0
Other Salaries and Wages: $85,636

For more financial information, click here