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Yfc Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061839109 ✦ Omaha, NE ✦ Designated as a 501(c)(3)

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Overview

What is Yfc Inc?

Yfc Inc Dba Maha Music Festival is a 501(c)(3) nonprofit organization based in Omaha, Nebraska, with a mission to bring people together through cultural experiences. Each summer, they host the Maha Festival, a volunteer-driven event showcasing both national music talent and local musicians. This annual event, which took place in July 2022, attracts thousands of individuals and offers free admission to children under 11. Maha is dedicated to environmental sustainability, aiming to divert 90% of on-site waste from landfills. They collaborate with numerous local programming partners and engage numerous volunteers annually, contributing positively to Omaha's reputation as a culturally vibrant city. In summary, Maha Music Festival is a significant annual event for Yfc Inc Dba, connecting Omaha's community through music, fostering environmental awareness, and promoting the city's cultural identity.


Official website here: www.mahafestival.com

What are the reviews and ratings of this charity?

82% rating from Charity Navigator, earning a Three-Star out of Four Star rating, indicates that Yfc Inc Dba Maha Music Festival is performing solidly in terms of accountability and financial management. With 93% of its score coming from Accountability & Finance, the organization demonstrates robust financial practices, including a strong program expense ratio of 82.55%, indicating that a significant portion of its resources are dedicated to its programs.

One of the organization's notable strengths is its governance, with 100% of board members being independent, ensuring that decision-making is free from conflicts of interest. Additionally, the charity has a comprehensive set of policies in place, including conflict of interest, whistleblower protection, and document retention, which suggest a commitment to transparency and ethical operations.

On the cultural and community side, the organization excels with a perfect score, highlighting its effective feedback collection and usage practices. While the data does not indicate any significant limitations, the focus areas could be further explored to enhance community engagement and visibility in its outreach and impact efforts.


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

What do the Facebook reviews say about Yfc Inc?

86% of 514 reviewers on Facebook recommend Yfc Inc. Here is a summary of their reviews:

While a majority endorse the organization, there are notable concerns from some users who had negative experiences. A review mentions a complete lack of satisfaction from the start, suggesting that not all individuals feel that their expectations were met, indicating areas for improvement.

Despite these criticisms, the overall sentiment leans towards positivity, with many highlighting the organization's initiatives and support. This balance suggests that while there are challenges, many find value in what Yfc Inc aims to achieve.


This AI summary has been generated from reviews found on Facebook.

Is Yfc Inc legitimate?

Yfc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yfc 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: $214,068

For more financial information, click here


Official website here: www.mahafestival.com

What is the mission statement of Yfc Inc?

The mission of Yfc Inc, doing business as Maha Music Festival, is centered around bringing people together. As a 501(c)(3) nonprofit organization, Maha curates and produces cultural experiences with the aim of positively impacting the economic vitality of its home city, Omaha. Their primary event is Maha Festival, a volunteer-powered celebration of music and discovery that takes place annually, featuring both national music talent and providing a platform for local musicians. Maha engages with numerous local programming partners, attracting thousands of volunteers each year and offering free admission to children under 10. The organization is committed to providing an accessible experience for all and prioritizes environmental sustainability, aiming to divert 90% of on-site waste from landfills. In 2022, the festival saw 11,500 attendees and 850 volunteers.


Official website here: www.mahafestival.com

Who is the CEO of Yfc Inc?

Tj Twit is the President of Yfc Inc.


Official website here: www.mahafestival.com

What is the revenue of Yfc Inc?

Yfc Inc's revenue in 2022 was $1,235,325.


Official website here: www.mahafestival.com

Who are the executives of Yfc Inc and what are their salaries?

The average compensation at Yfc Inc during 2022 was $30,581. There are 7 employees and 850 volunteers at Yfc Inc.


Here are 8 key members and their salaries:


Hobson Powell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Baker Hansen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erica Wassinger (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Gilroy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Black (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Missy Hardersen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tj Twit (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Rodriguez (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mahafestival.com

Where can I find the form 990 for Yfc Inc?

Yfc Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mahafestival.com

Learn more at the official website: www.mahafestival.com

Mission Statement of Yfc Inc

Yfc Inc Dba Maha Music Festival, as a 501(c)(3) nonprofit organization, is dedicated to bringing people together by curating and producing cultural experiences. Their primary goal is to positively impact the economic vitality of their home city, Omaha, through unique events that showcase world-class music and local programming. The organization's flagship event is Maha Festival, a volunteer-powered celebration of music and discovery that attracts thousands of individuals each year. Maha Festival highlights the best of the city, providing a platform for local musicians to perform alongside national talent and engaging with numerous local programming partners. The festival is committed to environmental sustainability, pledging to divert 90% of on-site waste from the landfill. In 2022, 11,500 attended and 850 volunteered at the event held in the center of Omaha on July 29 and 30.

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Impact




July, 2024

Yfc Inc Dba Maha Music Festival's impact is significant in enhancing Omaha's reputation as a culturally vibrant city by bringing people together to experience world-class music and other unique programming specific to the area. The organization's flagship event, Maha Festival, plays a crucial role in mobilizing the community by showcasing national music talent alongside local musicians, engaging with various local partners, and involving thousands of volunteers annually. Moreover, Maha Festival aims to provide an inclusive experience for all attendees and is committed to environmental sustainability, with a target to divert 90% of on-site waste from landfills.

The most recent Maha Festival in 2022 attracted 11,500 attendees and involved 850 volunteers, contributing significantly to the economic vitality of Omaha. By curating and producing cultural experiences like Maha Festival, Yfc Inc Dba Maha Music Festival continues to promote a sense of community, support local talent, and strengthen the cultural landscape of Omaha.




This information is meant to be a general summary of Yfc 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.

Revenue
$1,235,325 (2022)
Expenses
$1,426,337 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $12
  • Program Service Revenue: $498,021
  • Gross Receipts: $1,235,325

Assets and Liabilities:

  • Total Assets: $650,534
  • Total Liabilities: $14,072
  • Net Assets: $636,462

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MUSIC FESTIVAL

Revenue

$498,021

Organization Details

Founding Year

2008

Principal Officer

Tj Twit

Main Address

725 NORTH 14TH STREET, OMAHA, NE, 68102

NTEE Category

Code: A68 - Arts

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