Overview
What is Friends Of The Kennedy-Martin-Stelle Farmstead Inc Farmstead Arts?
Friends of the Kennedy-Martin-Stelle Farmstead Inc, operating as Farmstead Arts, is a nonprofit organization situated in Basking Ridge, New Jersey. Their primary mission is to preserve and utilize the historically registered farmstead, transforming it into a vibrant arts center. This center, known as Farmstead Arts, offers various fine performing and practical arts programs. During their operations, they provided a total of 55 art classes and workshops accessible to the general public, catering to both virtual and in-person participants. The overall attendance for these events reached 159 individuals. With a team of 3 dedicated employees, Farmstead Arts continues to enrich the community by fostering creativity and artistic growth.
Official website here: www.farmsteadartscenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating
Friends Of The Kennedy-Martin-Stelle Farmstead Inc Farmstead Arts has received a commendable Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The overall score is derived solely from a single beacon score focused on financial metrics, showcasing the organization’s commitment to transparency and effective financial practices.
The nonprofit demonstrates excellent governance, with a fully independent board of ten members and no material diversion of assets. Their financial health is impressive, with a liabilities to assets ratio of just 1.96%, and a high program expense ratio of 91.48%, indicating that the majority of their expenses are directed towards their programs rather than overhead costs.
However, the organization has some areas for improvement, particularly in governance policies such as the absence of a whistleblower policy and document retention and destruction policy. Despite these limitations, the organization's solid financial practices and independent oversight provide a reassuring picture for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Friends Of The Kennedy-Martin-Stelle Farmstead Inc Farmstead Arts?
80% of 12 reviewers on Facebook recommend this nonprofit. Here is a summary of their reviews: Many visitors praise the Farmstead Arts for its welcoming atmosphere and friendly staff. The venue is described as a wonderful place not only to attend shows and exhibits but also to enjoy leisurely walks around the farm.
Patrons appreciate the variety of programs offered throughout the year, highlighting that there's something for everyone. Overall, the positive remarks reflect a strong sense of community and commitment to providing an inclusive, enjoyable experience for all attendees.
This AI summary has been generated from reviews found on Facebook.
Is Friends Of The Kennedy-Martin-Stelle Farmstead Inc Farmstead Arts legitimate?
Friends Of The Kennedy-Martin-Stelle Farmstead Inc Farmstead Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Kennedy-Martin-Stelle Farmstead Inc Farmstead Arts 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: $24,814
For more financial information, click here
Official website here: www.farmsteadartscenter.org
What is the mission statement of Friends Of The Kennedy-Martin-Stelle Farmstead Inc Farmstead Arts?
The mission of Friends Of The Kennedy-Martin-Stelle Farmstead Inc's Farmstead Arts is centered around preserving historically registered buildings and operating them as a nonprofit center for fine performing and practical arts. This mission is carried out by providing various art classes and workshops open to the public, both in-person and virtually. The goal is to preserve the historical buildings while offering a platform for artistic growth and creativity for the general public. With a total of 55 classes offered and an attendance of 159, the center continues to serve as a vibrant hub for artistic expression and learning.
Official website here: www.farmsteadartscenter.org
Who is the CEO of Friends Of The Kennedy-Martin-Stelle Farmstead Inc Farmstead Arts?
Leslie Workman is the Trustee President of Friends Of The Kennedy-Martin-Stelle Farmstead Inc Farmstead Arts.
Official website here: www.farmsteadartscenter.org
What is the revenue of Friends Of The Kennedy-Martin-Stelle Farmstead Inc Farmstead Arts?
Friends Of The Kennedy-Martin-Stelle Farmstead Inc Farmstead Arts's revenue in 2022 was $213,044.
Official website here: www.farmsteadartscenter.org
Who are the executives of Friends Of The Kennedy-Martin-Stelle Farmstead Inc Farmstead Arts and what are their salaries?
The average compensation at Friends Of The Kennedy-Martin-Stelle Farmstead Inc Farmstead Arts during 2022 was $8,271. There are 3 employees and 20 volunteers at Friends Of The Kennedy-Martin-Stelle Farmstead Inc Farmstead Arts.
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Official website here: www.farmsteadartscenter.org
Where can I find the form 990 for Friends Of The Kennedy-Martin-Stelle Farmstead Inc Farmstead Arts?
Friends Of The Kennedy-Martin-Stelle Farmstead Inc Farmstead Arts's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.farmsteadartscenter.org
Learn more at the official website: www.farmsteadartscenter.org
Mission Statement of Friends Of The Kennedy-Martin-Stelle Farmstead Inc Farmstead Arts
Friends of the Kennedy-Martin-Stelle Farmstead Inc, operating as Farmstead Arts, is a dedicated nonprofit organization with a mission to preserve and bring to life a historically registered farmstead, transforming it into a vibrant center for fine performing and practical arts. Their primary goal is to preserve the historical buildings, while simultaneously utilizing them as a hub for artistic expression and learning.
Through their efforts, Farmstead Arts offers a variety of art classes and workshops, inviting the general public to engage in these creative experiences. They provide both virtual and in-person options, ensuring accessibility to a wide range of individuals. Over the course of their activities, they managed to conduct a total of 55 classes, attracting an overall attendance of 159 individuals. This demonstrates the organization's success in connecting people with their artistic pursuits, fostering a community of creativity and learning.
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Impact
October, 2024
Friends Of The Kennedy-Martin-Stelle Farmstead Inc Farmstead Arts positively impacts the community by preserving a historically registered farmstead and transforming it into a vibrant center for the fine and practical arts. Through its commitment to cultural enrichment, it has offered a diverse array of art classes and workshops, increasing accessibility with both virtual and in-person formats. In the past year alone, a total of 55 classes engaged 159 participants, fostering creativity and artistic expression among community members in Basking Ridge, NJ.
By maintaining the historic integrity of the farmstead while introducing contemporary artistic opportunities, this initiative not only breathes new life into the site but also strengthens community ties through shared cultural experiences. The efforts to keep art accessible and promote education in various forms of artistic expression contribute significantly to the local artistic landscape and community well-being.
This information is meant to be a general summary of Friends Of The Kennedy-Martin-Stelle Farmstead Inc Farmstead Arts. 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.
- Program Service Revenue: $61,730
- Gross Receipts: $214,611
Assets and Liabilities:
- Total Assets: $96,013
- Total Liabilities: $1,883
- Net Assets: $94,130
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Art ClassesWorkshops
Revenue
$28,103
Artist Space Licensing
Revenue
$21,720
TheaterPlays
Revenue
$7,885
Art Show Sales
Revenue
$3,496
Concerts
Revenue
$526
Organization Details
Founding Year
2004
Phone
(908) 636-7576Principal Officer
Leslie Workman
Main Address
PO Box 155, Basking Ridge, NJ, 07920
Website
www.farmsteadartscenter.orgNTEE Category
Code: A84 - Arts
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