Overview
What is The Lowell Festival Foundation?
The Lowell Festival Foundation is a nonprofit organization based in Lowell, Massachusetts. With a dedicated team of 47 employees, their primary mission is to foster charitable, civic, and educational activities within the city. They achieve this goal through entertainment and festival events. One of their notable initiatives is an annual folk festival, featuring music, dancing, and entertainment, aimed at supporting and promoting the arts within Lowell and its surrounding communities. Additionally, they organize a summer music series of concerts at a local refurbished park, showcasing both national and global artists to further promote the arts.
Official website here: www.lowellsummermusic.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning it a Two-Star out of Four Star rating
The Lowell Festival Foundation has received a Two-Star rating from Charity Navigator, indicating some areas of concern particularly in governance and financial accountability. While the organization boasts a strong program expense ratio of 90.05%, demonstrating that a significant portion of its funds directly supports its programs, it lacks essential policies such as a conflict of interest policy, whistleblower policy, and document retention policy.
The foundation has a fully independent board, with all 7 members meeting standards for independence, which is a positive aspect. Additionally, there is no indication of material diversion of assets, suggesting good financial integrity. However, the absence of key governance policies raises questions about the foundation's commitment to transparency and accountability.
Overall, while the Lowell Festival Foundation shows strengths in program spending and board independence, the missing governance policies warrant attention. Improving these areas could enhance the organization’s credibility and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Lowell Festival Foundation?
86% of 944 reviewers on Facebook recommend The Lowell Festival Foundation. Here is a summary of their reviews:
Many attendees appreciate the venue, highlighting its charm and suitability for hosting events. Users consistently mention the improving quality of the artists participating in the festival, suggesting that the foundation effectively curates a diverse and engaging lineup each year. Additionally, the vibrant atmosphere and various activities available in the surrounding area add to the overall enjoyment of the experience.
Overall, the feedback reflects a positive sentiment toward the nonprofit, indicating that it successfully delivers on its promise to provide a fun and enriching cultural experience. People seem to look forward to the festival each year, and the incremental enhancements in programming are particularly well-received.
This AI summary has been generated from reviews found on Facebook.
Is The Lowell Festival Foundation legitimate?
The Lowell Festival Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lowell Festival Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $215,457
For more financial information, click here
Official website here: www.lowellsummermusic.org
What is the mission statement of The Lowell Festival Foundation?
The Lowell Festival Foundation's primary purpose is to encourage charitable, civic, and educational activities among businesses and individuals. They accomplish this goal through entertaining and festival activities. The organization operates an annual folk festival, showcasing music, dancing, and entertainment, to support and promote the arts within their community. Furthermore, they have a summer music series of concerts, featuring national and global artists, in a refurbished local park. This series aims to promote arts within the community and surrounding areas.
Official website here: www.lowellsummermusic.org
What is the revenue of The Lowell Festival Foundation?
The Lowell Festival Foundation's revenue in 2024 was $1,824,172.
Official website here: www.lowellsummermusic.org
Who are the executives of The Lowell Festival Foundation and what are their salaries?
The average compensation at The Lowell Festival Foundation during 2024 was $4,309. There are 50 employees and 1896 volunteers at The Lowell Festival Foundation.
Here are 6 key members and their salaries:
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Official website here: www.lowellsummermusic.org
Where can I find the form 990 for The Lowell Festival Foundation?
The Lowell Festival Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.lowellsummermusic.org
Learn more at the official website: www.lowellsummermusic.org
Mission Statement of The Lowell Festival Foundation
The Lowell Festival Foundation serves a significant role in encouraging charitable, civic, and educational activities among businesses and individuals in various communities. It accomplishes this mission primarily through entertainment and festival events. One of the organization's primary initiatives is organizing an annual folk festival, filled with music, dancing, and entertainment, which supports and promotes the arts within the city of Lowell, Massachusetts. Additionally, The Lowell Festival Foundation hosts a summer music series of concerts, featuring both national and international artists from the entertainment industry, at a local refurbished park. These events aim to promote arts within the city of Lowell and the surrounding communities, contributing to the cultural enrichment of the area.
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Impact
July, 2024
The Lowell Festival Foundation's impact can be seen in its efforts to support and promote the arts within the city of Lowell, Massachusetts. Through its annual folk festival featuring music, dancing, and entertainment, the organization provides a platform for local artists to showcase their talent and creativity. Additionally, the summer music series of concerts, headlined by national and global artists, helps to bring diverse cultural experiences to the community and surrounding areas. By organizing these events, The Lowell Festival Foundation contributes to the enrichment of the local arts scene, fostering a spirit of creativity and unity among residents and visitors alike.
This information is meant to be a general summary of The Lowell Festival Foundation. 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 2024.
- Investment Income: $2,582
- Program Service Revenue: $1,224,280
- Gross Receipts: $1,824,172
Assets and Liabilities:
- Total Assets: $1,164,927
- Total Liabilities: $547,670
- Net Assets: $617,257
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$1,224,280
Organization Details
Founding Year
1974
Principal Officer
Arthur Sutcliffe
Website
www.lowellsummermusic.orgNTEE Category
Code: A200 - Arts
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