Overview
What is Island Moving Company?
Island Moving Company is a nonprofit organization situated in Newport County, Rhode Island, specifically at 3 Charles Street, Newport. Their primary focus is on showcasing and promoting dance through various events in the area. Their mission extends beyond performances, as they also offer instructional and educational programs in local schools. The company mainly presents dance performances primarily in Rhode Island and Massachusetts, and they are dedicated to teaching dance movements and education in the community. With a workforce of 24 individuals, Island Moving Company contributes to the artistic and educational landscape of Newport County.
Official website here: www.islandmovingco.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Stars)
Island Moving Company has received a One-Star rating from Charity Navigator, primarily due to its low overall score of 54%. While the organization demonstrates strong governance with 100% independent board members and a high program expense ratio of 71.43%, it notably lacks critical financial transparency, as indicated by the absence of financial statements.
The organization has a solid structure in terms of independent board membership and adheres to some good practices like documenting board meeting minutes. However, the absence of key policies such as a conflict of interest policy and whistleblower policy raises concerns regarding its governance framework. Furthermore, the organization's liabilities to assets ratio of 78.02% suggests potential financial risk.
Overall, while Island Moving Company shows strengths in certain governance aspects, its financial transparency and policy framework require significant improvement to enhance accountability and trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Island Moving Company legitimate?
Island Moving Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Island Moving Company 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: $50,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $439,516
For more financial information, click here
Official website here: www.islandmovingco.org
What is the mission statement of Island Moving Company?
Island Moving Company is dedicated to showcasing dance performances primarily in Rhode Island and Massachusetts. Beyond performances, they also offer dance education in the local area. Their mission can be summarized as promoting dance through events and providing instructional programs in schools, aiming to engage and educate the community about dance. The company's activities in Newport County, Rhode Island, include presenting dance performances and delivering educational programs in local schools.
Official website here: www.islandmovingco.org
Who is the CEO of Island Moving Company?
Paul Mcgreevy is the Treasurer of Island Moving Company.
Official website here: www.islandmovingco.org
What is the revenue of Island Moving Company?
Island Moving Company's revenue in 2022 was $866,562.
Official website here: www.islandmovingco.org
Who are the executives of Island Moving Company and what are their salaries?
The average compensation at Island Moving Company during 2022 was $20,396. There are 24 employees at Island Moving Company.
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Official website here: www.islandmovingco.org
Where can I find the form 990 for Island Moving Company?
Island Moving Company's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.islandmovingco.org
Learn more at the official website: www.islandmovingco.org
Mission Statement of Island Moving Company
Island Moving Company, a renowned entity in the realm of dance, primarily focuses on delivering captivating dance performances in Rhode Island and Massachusetts. Beyond entertainment, this organization is also dedicated to nurturing and educating individuals in dance. In the local communities, Island Moving Company serves as a catalyst for dance education, offering instructional programs in schools situated in Newport County. By presenting dance performances and providing educational opportunities, Island Moving Company aims to promote and celebrate the art of dance, fostering a deeper appreciation for this expressive medium.
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Impact
October, 2024
Island Moving Company significantly enriches the cultural landscape of Rhode Island and Massachusetts through its dynamic dance performances and educational initiatives. By presenting a diverse array of dance events, primarily in Newport County, the company not only showcases artistic talent but also promotes the appreciation of dance as a vital form of expression and community engagement.
Their commitment to dance education is evident in the instruction and educational programs offered in Newport County schools, where students are introduced to the world of movement and creativity. This fosters a deeper understanding of the arts among young audiences and encourages them to explore their own artistic potential.
Overall, Island Moving Company's impact is multi-faceted, blending artistic excellence with community enrichment and education, making a lasting impression on the local culture and inspiring future generations of dancers and audiences alike.
This information is meant to be a general summary of Island Moving Company. 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: $1,025
- Program Service Revenue: $169,762
- Gross Receipts: $944,932
Assets and Liabilities:
- Total Assets: $1,566,038
- Total Liabilities: $488,957
- Net Assets: $1,077,081
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$52,343
INSTRUCTION
Revenue
$117,419
Organization Details
Founding Year
1983
Phone
(401) 847-4470Principal Officer
Paul Mcgreevy
Main Address
3 CHARLES STREET, NEWPORT, RI, 02840
Website
www.islandmovingco.orgNTEE Category
Code: A620 - Arts
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