Overview
What is Sammons Center Endowment Corp?
The Sammons Center Endowment Corp is a nonprofit organization situated in Dallas, Texas, with an address at 3630 Harry Hines Boulevard. Its primary purpose is to support the Sammons Center for the Arts through an endowment. By receiving charitable contributions, the organization builds an endowment. The income and capital gains derived from these contributions are then utilized in full to bolster the Sammons Center for the Arts, ensuring its mission continues to thrive.
Official website here: www.sammonsartcenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating
Sammons Center Endowment Corp has achieved an impressive score of 97%, reflecting a strong commitment to accountability and financial transparency. The rating is primarily based on a single beacon score, which highlights the charity's financial health and operational integrity. With a perfect score of 100% for accountability measures, the organization demonstrates robust governance practices, including a fully independent board and effective conflict of interest policies.
The organization's effective management is evident in its program expense ratio of 79.70%, indicating that the majority of its funds are directed towards its mission-driven activities. This high level of program spending suggests that the charity is focused on maximizing its impact within the community it serves. Additionally, the organization maintains a strong liability to assets ratio of 0.00%, which reflects a solid financial footing and responsible stewardship of resources.
While the ratings highlight many strengths, it is essential for potential donors and stakeholders to continue monitoring the charity's ongoing performance and impact. Overall, Sammons Center Endowment Corp sets a high standard for transparency and accountability in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Sammons Center Endowment Corp?
94% of 67 reviewers on Facebook recommend the Sammons Center Endowment Corp. Here is a summary of their reviews:
Many attendees praise the organization for presenting a unique and captivating showcase of art and talent. Individuals express their delight in experiencing something fresh and innovative, highlighting the quality and originality of the events hosted.
Overall, it seems the center successfully delivers engaging programs that resonate with the community, leaving a positive impression on those who attend.
This AI summary has been generated from reviews found on Facebook.
Is Sammons Center Endowment Corp legitimate?
Sammons Center Endowment Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sammons Center Endowment Corp 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:
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For more financial information, click here
Official website here: www.sammonsartcenter.org
What is the mission statement of Sammons Center Endowment Corp?
The Sammons Center Endowment Corp. is established to receive charitable contributions, which are then held in an endowment. The income and capital gains generated from these contributions are utilized to fully support the mission of the Sammons Center for the Arts. In essence, the mission of the Sammons Center Endowment Corp. is to provide financial backing to the Sammons Center for the Arts, thereby ensuring its continued operation and support of its artistic endeavors. This endowment-based approach allows the Sammons Center for the Arts to sustain its operations, fostering a thriving arts community.
Official website here: www.sammonsartcenter.org
Who is the CEO of Sammons Center Endowment Corp?
Joanna St Angelo is the President of Sammons Center Endowment Corp.
Official website here: www.sammonsartcenter.org
What is the revenue of Sammons Center Endowment Corp?
Sammons Center Endowment Corp's revenue in 2022 was $142,202.
Official website here: www.sammonsartcenter.org
Who are the executives of Sammons Center Endowment Corp and what are their salaries?
Here are 10 key members and their salaries:
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- Related: $105,000
- Other: $12,100
Official website here: www.sammonsartcenter.org
Where can I find the form 990 for Sammons Center Endowment Corp?
Sammons Center Endowment Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sammonsartcenter.org
Learn more at the official website: www.sammonsartcenter.org
Mission Statement of Sammons Center Endowment Corp
The Sammons Center Endowment Corp. is established with the primary objective of receiving charitable contributions. These contributions serve as the foundation for an endowment. The income and capital gains generated from these donations are then utilized in full support of the Sammons Center for the Arts, thereby aligning with its mission. In essence, the mission of the Sammons Center Endowment Corp. is to act as a financial backbone, providing sustained financial resources to the Sammons Center for the Arts, thereby enabling it to carry out its artistic pursuits effectively.
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Impact
October, 2024
Sammons Center Endowment Corp plays a significant role in supporting the arts in Dallas, Texas, by managing charitable contributions to establish a robust endowment. This endowment generates income and capital gains, which are then directed to the Sammons Center for the Arts, fulfilling its mission of promoting and enhancing the cultural landscape of the community. By providing a sustainable financial foundation, the Sammons Center Endowment Corp ensures that the arts can thrive, facilitating programs and initiatives that benefit artists and audiences alike. This enduring support fosters creativity, accessibility, and engagement with the arts, making a lasting impact on the local community.
This information is meant to be a general summary of Sammons Center Endowment Corp. 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: $74,702
- Gross Receipts: $142,202
Assets and Liabilities:
- Total Assets: $5,061,805
- Total Liabilities: $0
- Net Assets: $5,061,805
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Organization Details
Founding Year
2011
Phone
(214) 520-7788Principal Officer
Joanna St Angelo
Main Address
3630 HARRY HINES BOULEVARD, DALLAS, TX, 75219
Website
www.sammonsartcenter.orgNTEE Category
Code: A116 - Arts
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