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Palm Beach Poetry Festival Inc

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

EIN: 202555079 ✦ Lake worth, FL ✦ Designated as a 501(c)(3)

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Overview

What is Palm Beach Poetry Festival Inc?

Palm Beach Poetry Festival Inc, situated in Lake Worth, Florida, is a distinguished nonprofit organization. Their primary focus is on organizing and hosting literary events and festivals, aiming to elevate the experiences of both attendees and participating writers. Through these gatherings, they aim to contribute positively to the lives of individuals by fostering creativity and intellectual growth. The organization's activities are designed to provide a platform for both established and emerging poets to showcase their work, thereby enriching the cultural landscape of their community.


Official website here: www.palmbeachpoetryfestival.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Star rating)

The Palm Beach Poetry Festival Inc has earned an overall score of 82%, reflecting a strong emphasis on accountability and finance. This rating indicates that the organization is performing well in terms of financial transparency and responsible management, which is crucial for donor trust and sustainability. The high scores in independent board governance and financial audits suggest a commitment to best practices in nonprofit management.

One of the standout features of the organization is its fully independent board, which has eight members, all of whom are independent. This structure allows for unbiased decision-making and oversight, essential for maintaining accountability. Additionally, the organization demonstrates excellent financial health, with a low liabilities-to-assets ratio and a high percentage of expenses directed toward programs.

However, there are some areas for improvement noted in the data. The organization is missing key governance policies, such as a conflict of interest policy and a whistleblower policy, which are important for ensuring ethical practices. Moreover, the absence of meeting minutes may indicate a lack of transparency in board operations. Addressing these limitations could enhance the organization's overall effectiveness and public trust.


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

Is Palm Beach Poetry Festival Inc legitimate?

Palm Beach Poetry Festival Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palm Beach Poetry Festival 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: $1,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.palmbeachpoetryfestival.org

What is the mission statement of Palm Beach Poetry Festival Inc?

The mission of Palm Beach Poetry Festival Inc, as stated, is centered around organizing and presenting literary events and festivals. Their primary goal is to enrich the lives of both the attending audience members and participants in their writing workshops. By doing so, they aim to contribute positively to the overall cultural experience and personal growth of individuals with an interest in literature.


Official website here: www.palmbeachpoetryfestival.org

Who is the CEO of Palm Beach Poetry Festival Inc?

Nickole Brown is the President of Palm Beach Poetry Festival Inc.


Official website here: www.palmbeachpoetryfestival.org

What is the revenue of Palm Beach Poetry Festival Inc?

Palm Beach Poetry Festival Inc's revenue in 2023 was $1,568,961.


Official website here: www.palmbeachpoetryfestival.org

Who are the executives of Palm Beach Poetry Festival Inc and what are their salaries?


Here are 5 key members and their salaries:


Nickole Brown (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Lenfestey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alison Granucci (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roderick C Moe (Asst Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Coon Phd (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.palmbeachpoetryfestival.org

Where can I find the form 990 for Palm Beach Poetry Festival Inc?

Palm Beach Poetry Festival Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.palmbeachpoetryfestival.org

Learn more at the official website: www.palmbeachpoetryfestival.org

Mission Statement of Palm Beach Poetry Festival Inc

Palm Beach Poetry Festival Inc, as a nonprofit organization, is dedicated to enhancing the lives of its audience members and writing workshop participants through the planning and presentation of literary events and festivals. Their mission is to serve as a platform for these events, aiming to enrich the lives of those involved. By organizing and hosting these festivals, Palm Beach Poetry Festival Inc fosters an environment that encourages creativity and learning in the realm of literature, providing opportunities for both attendance and participation.

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Impact




October, 2024

Palm Beach Poetry Festival Inc significantly enriches the literary landscape by organizing and presenting a variety of events and festivals that inspire both audience members and writing workshop participants. Through its engaging programs, the festival fosters a deeper appreciation for poetry and literature, serves as a platform for emerging voices, and cultivates a community passionate about the arts. Situated in Lake Worth, FL, the organization creates a vibrant cultural hub that not only entertains but also educates, encourages creativity, and strengthens connections among participants. By promoting the transformative power of poetry, the festival contributes to the personal growth of individuals while enhancing the overall cultural fabric of the community.




This information is meant to be a general summary of Palm Beach Poetry Festival 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
$1,568,961 (2023)
Expenses
$18,908 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $1,568,961

Assets and Liabilities:

  • Total Assets: $1,618,250
  • Total Liabilities: $2,175
  • Net Assets: $1,616,075

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Organization Details

Principal Officer

Nickole Brown

Main Address

3199 Lake Worth Road B-3, Lake Worth, FL, 33461

NTEE Category

Code: A20 - Arts

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