Overview
What is Cleveland Festival Of Art And Technology Inc?
Cleveland Festival of Art and Technology Inc., based in Cleveland, Ohio, is a nonprofit organization that serves as a creative and inspirational hub for the community. It annually benefits over 20,000 individuals, spanning various age groups, income levels, educational backgrounds, ethnicities, and geographic locations. The organization's mission is to ignite creativity among artists, entrepreneurs, and innovators, fostering collaboration and joy in the pursuit of civic progress. Ingenuity Cleveland provides hands-on experiences for children, families, young adults, professionals, seniors, creatives, and hipsters, inspiring and encouraging new ideas and changed perspectives. With a dedicated workforce of three individuals, the festival brings the community together, promoting a vibrant and innovative spirit.
Official website here: www.ingenuitycleveland.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Cleveland Festival Of Art And Technology Inc has achieved a commendable overall score of 88%, indicating a solid level of accountability and financial health. The organization benefits from a fully independent board, which enhances governance and decision-making processes. Additionally, it performs well in financial metrics, with program expenses making up nearly 79% of its budget, suggesting that a significant portion of funds is directed towards its mission.
However, despite these strengths, the organization has some areas for improvement. Notably, it lacks a whistleblower policy and a document retention and destruction policy, both of which are critical for ensuring transparency and accountability. Furthermore, the absence of the tax form on the nonprofit's website may hinder potential donors from accessing important financial information.
Overall, while Cleveland Festival Of Art And Technology Inc demonstrates a solid financial standing and governance structure, addressing the noted gaps could further enhance its credibility and operational effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Cleveland Festival Of Art And Technology Inc legitimate?
Cleveland Festival Of Art And Technology Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cleveland Festival Of Art And Technology 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: $60,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $70,645
For more financial information, click here
Official website here: www.ingenuitycleveland.com
What is the mission statement of Cleveland Festival Of Art And Technology Inc?
The Cleveland Festival of Art and Technology Inc, commonly known as Ingenuity Cleveland, ignites creativity among artists, entrepreneurs, and innovators of all kinds. They achieve this through joy and collaboration, working towards civic progress. The organization serves as a source of creative and inspirational experiences for over 20,000 individuals annually, regardless of age, income, education level, ethnicity, or geographic background. Ingenuity Cleveland brings the community together for hands-on experiences, inspiring new ideas and promoting changed perspectives among children and families, young adults, professionals, seniors, creative individuals, and local residents.
Official website here: www.ingenuitycleveland.com
Who is the CEO of Cleveland Festival Of Art And Technology Inc?
Emily Appelbaum is the Executive Di of Cleveland Festival Of Art And Technology Inc.
Official website here: www.ingenuitycleveland.com
What is the revenue of Cleveland Festival Of Art And Technology Inc?
Cleveland Festival Of Art And Technology Inc's revenue in 2022 was $632,546.
Official website here: www.ingenuitycleveland.com
Who are the executives of Cleveland Festival Of Art And Technology Inc and what are their salaries?
The average compensation at Cleveland Festival Of Art And Technology Inc during 2022 was $43,548. There are 3 employees and 50 volunteers at Cleveland Festival Of Art And Technology Inc.
Here are 10 key members and their salaries:
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Official website here: www.ingenuitycleveland.com
Where can I find the form 990 for Cleveland Festival Of Art And Technology Inc?
Cleveland Festival Of Art And Technology Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ingenuitycleveland.com
Learn more at the official website: www.ingenuitycleveland.com
Mission Statement of Cleveland Festival Of Art And Technology Inc
Cleveland Festival of Art and Technology Inc, commonly known as Ingenuity Cleveland, ignites creativity among artists, entrepreneurs, and innovators of all kinds. This nonprofit organization achieves this mission through joy and collaboration, working towards civic progress. By hosting events and experiences, Ingenuity Cleveland attracts over 20,000 individuals annually, regardless of age, income, education level, ethnic background, or geographic location. The organization brings the community together, offering hands-on experiences that inspire and encourage new ideas and changed perspectives, catering to children and families, young adults, professionals, seniors, creatives, and hipsters, as well as neighborhood residents.
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Impact
July, 2024
Cleveland Festival of Art and Technology Inc, through its flagship event INGENUITYFEST, has a significant impact on the Cleveland community and beyond. Serving a wide demographic ranging from children to seniors, professionals to creatives, this organization brings together over 20,000 individuals annually from diverse backgrounds. By offering a range of hands-on experiences and inspirational activities, they ignite the spark of creativity among artists, entrepreneurs, and innovators. This fosters collaboration, encourages new ideas, and promotes changed perspectives, all in service to civic progress.
This information is meant to be a general summary of Cleveland Festival Of Art And Technology 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 2022.
- Program Service Revenue: $357,273
- Gross Receipts: $632,546
Assets and Liabilities:
- Total Assets: $397,360
- Total Liabilities: $20,104
- Net Assets: $377,256
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISCELLANEOUS
Revenue
$141,849
FESTIVAL INCOME
Revenue
$124,169
PROGRAM FEES
Revenue
$91,255
Organization Details
Founding Year
2004
Phone
(216) 589-9444Principal Officer
Emily Appelbaum
Main Address
5401 HAMILTON AVENUE, CLEVELAND, OH, 44114
Website
www.ingenuitycleveland.comNTEE Category
Code: A20 - Arts
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