Overview
What is Emerson Umbrella Inc?
Emerson Umbrella Inc, operating as The Umbrella Community Arts Center, is a nonprofit organization situated in Concord, Massachusetts. With a team of 38 dedicated individuals, they offer a comprehensive range of arts education programs. These include summer camps, painting and drawing classes, digital arts, woodworking, and ceramics classes. Their mission is to enrich lives and foster a vibrant, inclusive community through the arts. They achieve this by promoting creativity, learning, personal growth, and cultural exchange through accessible arts education programs, performing and visual arts presentations, and community collaborations. The Umbrella's activities aim to cultivate a lively and diverse community where everyone can engage with the arts.
Official website here: www.theumbrellaarts.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100% (Four-Star out of Four Star rating)
Emerson Umbrella Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its exceptional performance in accountability and finance. The organization scored a perfect 100% in this category, indicating strong financial practices and transparency. Key accountability metrics include a fully independent board and robust audit oversight, which are critical for maintaining donor trust and effective governance.
The organization also demonstrates a high level of compliance with best practices, with all necessary policies such as conflict of interest and whistleblower policies in place. Their financial health is notable, with a low liabilities-to-assets ratio and a program expense ratio of over 72%, suggesting that a significant portion of their funding is directed towards their mission-driven activities.
While the data highlights Emerson Umbrella Inc's strengths, it is essential for potential donors and stakeholders to continue monitoring their performance over time to ensure sustained effectiveness and impact in their community initiatives. Overall, the nonprofit stands out for its commitment to transparency and responsible financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Emerson Umbrella Inc legitimate?
Emerson Umbrella Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Emerson Umbrella 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,278,678
For more financial information, click here
Official website here: www.theumbrellaarts.org
What is the mission statement of Emerson Umbrella Inc?
Emerson Umbrella Inc's mission is to enrich lives and foster a vibrant and inclusive community through the arts. They achieve this by promoting creativity, learning, personal growth, and cultural exchange. This is done through accessible arts education programs, performing and visual arts presentations, and community collaborations. Their activities include providing a wide range of arts education programs, such as summer camps, painting and drawing classes, digital arts, woodworking, and ceramics classes.
Official website here: www.theumbrellaarts.org
Who is the CEO of Emerson Umbrella Inc?
Hugh G Wedge is the Executive Di of Emerson Umbrella Inc.
Official website here: www.theumbrellaarts.org
What is the revenue of Emerson Umbrella Inc?
Emerson Umbrella Inc's revenue in 2023 was $2,641,232.
Official website here: www.theumbrellaarts.org
Who are the executives of Emerson Umbrella Inc and what are their salaries?
The average compensation at Emerson Umbrella Inc during 2023 was $33,649. There are 38 employees and 90 volunteers at Emerson Umbrella Inc.
Here are 19 key members and their salaries:
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Official website here: www.theumbrellaarts.org
Where can I find the form 990 for Emerson Umbrella Inc?
Emerson Umbrella Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.theumbrellaarts.org
Learn more at the official website: www.theumbrellaarts.org
Mission Statement of Emerson Umbrella Inc
Emerson Umbrella Inc, a nonprofit organization, enriches lives and fosters a vibrant and inclusive community through the arts. Their mission is centered around promoting creativity, learning, personal growth, and cultural exchange. They achieve this by offering accessible arts education programs, presenting performing and visual arts, and engaging in community collaborations. By doing so, Emerson Umbrella Inc aims to provide opportunities for individuals to engage with the arts, fostering personal development and cultural exchange. Their programs range from summer camps to painting and drawing classes, digital arts, woodworking, and ceramics classes, ensuring a wide variety of artistic pursuits for those in the community.
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Impact
July, 2024
Emerson Umbrella Inc's impact is evident in its dedication to enriching lives and building a vibrant and inclusive community through the arts. By providing a full year of arts education programs, including summer camps, painting and drawing classes, digital arts, woodworking, and ceramics classes, Emerson Umbrella Inc is promoting creativity, learning, personal growth, and cultural exchange. Through accessible arts education programs, performing and visual arts presentations, and community collaborations, Emerson Umbrella Inc is making a significant impact on individuals and the community in Concord, MA.
This information is meant to be a general summary of Emerson Umbrella 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 2023.
- Investment Income: -$56,927
- Program Service Revenue: $1,547,788
- Gross Receipts: $2,903,952
Assets and Liabilities:
- Total Assets: $30,113,368
- Total Liabilities: $5,620,511
- Net Assets: $24,492,857
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$775,319
TICKET SALES
Revenue
$323,501
STUDIO RENTALS
Revenue
$229,887
CONCERT TICKET SALES
Revenue
$104,100
MATERIALS FEES
Revenue
$66,795
Organization Details
Founding Year
1982
Phone
(978) 371-0820Principal Officer
Hugh G Wedge
Main Address
40 STOW STREET, CONCORD, MA, 01742
Website
www.theumbrellaarts.orgNTEE Category
Code: A900 - Arts
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