Overview
What is Fundarte Inc?
Fundarte Inc, based in Miami Beach, Florida, serves as a supportive platform for nurturing promising artists and fostering intercultural exchanges. Their mission is to create an environment that encourages critical thinking and reflection, aiming to bridge the gap between innovative works of art and diverse segments of the community. They accomplish this by producing, presenting, and promoting music, theater, dance, film, visual arts, and special events. These events celebrate and awaken consciousness of emerging social movements, contributing to a more culturally enriched and engaged community. Fundarte Inc's address is 7455 Collins Ave Ste 201, Miami Beach, FL 33141.
Official website here: www.fundarte.us
What are the reviews and ratings of this charity?
Charity Navigator rating: Zero Stars (45%)
Fundarte Inc has received a low rating of 45%, translating to a Zero-Star out of Four Star rating, indicating significant concerns regarding its accountability and financial practices. The organization has no independent board members, which raises questions about governance and oversight. Additionally, important policies, such as those regarding conflicts of interest and whistleblower protections, are notably missing.
On a more positive note, Fundarte Inc demonstrates a strong commitment to program expenses, achieving a high program expense ratio of 98.12%. This suggests that the majority of its expenditures are directed towards its mission-related activities, which is a crucial aspect for donor confidence. However, the lack of financial statements and transparency in other areas diminishes the organization's overall accountability score significantly.
Overall, while Fundarte Inc shows a strong focus on its programs, the absence of essential governance policies and independent oversight points to potential risks for donors and stakeholders. Prospective supporters may want to consider these factors carefully before contributing.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Fundarte Inc?
88% of 66 reviewers on Facebook recommend Fundarte Inc. Here's a summary of their reviews:
Many users express a deep appreciation for the nonprofit, describing it as a welcoming second home. The warmth and community spirit fostered by Fundarte resonate strongly among patrons, who feel grateful for the services and activities provided.
Positive sentiments highlight the organization's commitment to creating a supportive environment for its members. Overall, it appears that Fundarte successfully meets the needs and expectations of those it serves, reflecting a strong sense of satisfaction among its users.
This AI summary has been generated from reviews found on Facebook.
Is Fundarte Inc legitimate?
Fundarte Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fundarte 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: $170,184
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.fundarte.us
What is the mission statement of Fundarte Inc?
Fundarte Inc's mission is to produce, present, and promote various artistic forms such as music, theater, dance, film, and visual arts, and special events. Their goal is to celebrate and awaken consciousness of emerging social movements. By doing so, they aim to create a safe space for nurturing promising artists, facilitate intercultural exchanges, and develop audiences with the ability to think critically and reflect. Their work also strives to build bridges between innovative moving works of art and diverse segments of the community.
Official website here: www.fundarte.us
Who is the CEO of Fundarte Inc?
Everardo Chavez is the Chair of Fundarte Inc.
Official website here: www.fundarte.us
What is the revenue of Fundarte Inc?
Fundarte Inc's revenue in 2023 was $763,063.
Official website here: www.fundarte.us
Who are the executives of Fundarte Inc and what are their salaries?
Here are 11 key members and their salaries:
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- Compensation: $64,289
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Official website here: www.fundarte.us
Where can I find the form 990 for Fundarte Inc?
Fundarte Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fundarte.us
Learn more at the official website: www.fundarte.us
Mission Statement of Fundarte Inc
Fundarte Inc, a nonprofit organization, is dedicated to creating a platform for the production, presentation, and promotion of music, theater, dance, film, visual arts, and special events. Their mission is to celebrate and awaken consciousness towards emerging social movements by providing a safe space for nurturing promising artists. Fundarte Inc fosters intercultural exchanges, aiming to develop audiences with the capacity to think critically and reflect. By bridging innovative moving works of art with diverse segments of the community, Fundarte Inc contributes to building a more connected and aware society.
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Impact
July, 2024
Fundarte Inc's impact is evident in its ability to produce, present, and promote music, theater, dance, film, and events that celebrate and awaken consciousness of emerging social movements. Through creating safe spaces for nurturing promising artists, facilitating intercultural exchanges, and developing audiences with critical thinking abilities, Fundarte Inc effectively builds bridges between innovative works of art and diverse segments of the community. Located in Miami Beach, Florida, Fundarte Inc's mission to foster creativity and reflect the evolving cultural landscape contributes to the cultural vibrancy and enrichment of the community.
This information is meant to be a general summary of Fundarte 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.
- Program Service Revenue: $176,746
- Gross Receipts: $763,063
Assets and Liabilities:
- Total Assets: $381,497
- Total Liabilities: $234,416
- Net Assets: $147,081
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Admissions
Revenue
$36,746
CoPresenter Contrib
Revenue
$140,000
Organization Details
Founding Year
2003
Phone
(786) 348-0789Principal Officer
Everardo Chavez
Main Address
7455 COLLINS AVE Ste 201, MIAMI BEACH, FL, 33141
Website
www.fundarte.usNTEE Category
Code: A60 - Arts
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