Overview
What is Capital Fringe Inc?
Capital Fringe Inc, based in Washington, D.C., is a small nonprofit organization situated at 996 Maine Ave SW STE 757. Their primary program, the Fringe Festival, in collaboration with the Georgetown BID, promotes cultural democracy and art for all. The festival encourages diversity and independence, providing an avenue for individual artists to earn and connect with adventurous audiences in the District of Columbia. Their 2021 event saw 87% of tickets sold, generating revenue of $79,374.17, with 70% directly benefiting the 31 participating productions.
Official website here: www.capitalfringe.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Capital Fringe Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of trustworthiness and effectiveness in its operations. With a score of 96% in Accountability & Finance and 93% in Culture & Community, the organization demonstrates strong financial health and a commitment to ethical governance. The organization has also excelled in areas such as board independence, conflict of interest policies, and transparency in financial reporting.
The nonprofit's strengths are evident in its perfect scores for constituent feedback and the collection and use of that feedback, showcasing its responsiveness and commitment to stakeholder engagement. Additionally, Capital Fringe Inc displays a robust approach to equity strategies, although there is room for improvement in equity data and some related policies. This indicates a proactive stance towards inclusivity, albeit with some areas identified for further development.
While the organization scores exceptionally well overall, the minor limitations noted in equity-related metrics suggest an area for potential growth. By addressing these gaps, Capital Fringe Inc could enhance its community impact even further, solidifying its reputation as a leader in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Capital Fringe Inc legitimate?
Capital Fringe Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capital Fringe Inc 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: $160,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.capitalfringe.org
What is the mission statement of Capital Fringe Inc?
Capital Fringe Inc's mission is centered around promoting cultural democracy and art for everyone. They foster diversity and a sense of independence, thereby offering financial opportunities for individual artists. Capital Fringe Inc aims to connect these artists with an adventurous audience, encouraging the appreciation and celebration of diverse artistic expressions. Their primary program, the Fringe Festival, provides a platform for various productions, generating substantial revenue for participating artists.
Official website here: www.capitalfringe.org
Who is the CEO of Capital Fringe Inc?
Julianne Brienza is the President of Capital Fringe Inc.
Official website here: www.capitalfringe.org
What is the revenue of Capital Fringe Inc?
Capital Fringe Inc's revenue in 2022 was $658,721.
Official website here: www.capitalfringe.org
Who are the executives of Capital Fringe Inc and what are their salaries?
The average compensation at Capital Fringe Inc during 2022 was $160,000. There is 1 employee and 4 volunteers at Capital Fringe Inc.
Here are 5 key members and their salaries:
- Compensation: $160,000
- Related: $0
- Other: $30,890
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.capitalfringe.org
Where can I find the form 990 for Capital Fringe Inc?
Capital Fringe Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.capitalfringe.org
Learn more at the official website: www.capitalfringe.org
Mission Statement of Capital Fringe Inc
Capital Fringe Inc, a champion of cultural democracy, promotes art for all. With a commitment to diversity and independence, the organization creates a platform for individual artists to thrive. Capital Fringe Inc connects these artists with an audience seeking unconventional experiences, thereby fostering a sense of community and empowerment in the artistic sphere. Through its primary program, the Fringe Festival, the organization provides earning opportunities for these artists, ultimately bridging the gap between creators and adventurous audiences.
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Impact
July, 2024
Capital Fringe Inc's impact can be seen in its celebration of cultural democracy and art for everyone in the District of Columbia. By embracing diversity and a spirit of independence, Capital Fringe provides earning opportunities for individual artists and connects them with adventurous audiences. The organization's flagship program, the Fringe Festival, in partnership with the Georgetown BID, sold 87% of available tickets, generating $79,374.17 in revenue for the 31 participating productions. Notably, 70% of this revenue went directly to the participating productions, supporting artists and fostering a vibrant arts community in the city. This commitment to supporting artists and creating connections between artists and audiences highlights the significant impact of Capital Fringe Inc in promoting cultural democracy and accessibility to the arts.
This information is meant to be a general summary of Capital Fringe Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$2,971
- Program Service Revenue: $113,453
- Gross Receipts: $813,808
Assets and Liabilities:
- Total Assets: $1,069,992
- Total Liabilities: $1,601
- Net Assets: $1,068,391
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Admissions
Revenue
$85,518
Participation Fees
Revenue
$27,935
Organization Details
Founding Year
2005
Principal Officer
Julianne Brienza
Main Address
996 Maine Ave SW STE 757, Washington, DC, 20024
Website
www.capitalfringe.orgNTEE Category
Code: A65 - Arts
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