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Lincoln Park Coast Cultural District Inc

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

EIN: 223729215 ✦ Newark, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Lincoln Park Coast Cultural District Inc?

Lincoln Park Coast Cultural District Inc is a nonprofit organization situated in Newark, New Jersey, at 450 Washington Street. Its primary mission is to plan, design, and develop a comprehensive cultural and arts district within the Lincoln Park Coast area of the city. The organization's activities include organizing a significant summer music festival as well as engaging in cultural planning and event programming, all with an emphasis on community economic development. With a team of three dedicated individuals, Lincoln Park Coast Cultural District Inc strives to enrich the local community by fostering a vibrant cultural scene.


Official website here: www.lpccd.org

What are the reviews and ratings of this charity?

91% rating from Charity Navigator

Lincoln Park Coast Cultural District Inc has received a Four-Star out of Four Star rating from Charity Navigator, indicating a strong overall performance. The rating reflects a solid commitment to accountability and finance, scoring 84 in this area. The organization demonstrates excellent governance, with 100% of its board members being independent and an effective audit of financial statements.

However, there are some notable limitations, particularly in the areas of policy documentation. The organization lacks a conflict of interest policy, whistleblower policy, and document retention policy, which could impact its overall governance practices. Additionally, the organization's tax form is not posted on its website, indicating areas for improvement in transparency.

On a positive note, the organization boasts an impressive impact score of 100, showing a significant effectiveness in measuring its outcomes. With a program expense ratio of 80%, Lincoln Park Coast Cultural District Inc appears to allocate a substantial portion of its resources towards its mission-driven activities, which reinforces its overall positive impact in the community.


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

What do the Facebook reviews say about Lincoln Park Coast Cultural District Inc?

96% of 31 reviewers on Facebook recommend Lincoln Park Coast Cultural District Inc. Here's a summary of their thoughts:

Many attendees express a strong sense of community and excitement about the events hosted by the organization. Reviewers highlight the positive atmosphere, noting that the events foster connection and camaraderie among participants of all ages. The diverse range of vendors and inclusive vibe contribute to a memorable experience.

Overall, supporters feel that the organization successfully showcases the vibrancy of the city, encouraging more individuals to engage with their community and dispel negative perceptions. Positive sentiments indicate that the nonprofit delivers meaningful experiences that resonate with attendees.


This AI summary has been generated from reviews found on Facebook.

Is Lincoln Park Coast Cultural District Inc legitimate?

Lincoln Park Coast Cultural District Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lincoln Park Coast Cultural District 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: $129,353
Professional Fundraising Fees: $0
Other Salaries and Wages: $125,343

For more financial information, click here


Official website here: www.lpccd.org

What is the mission statement of Lincoln Park Coast Cultural District Inc?

The Lincoln Park Coast Cultural District Inc's mission is centered around planning, designing, and developing a comprehensive cultural and arts district. This endeavor aims to enrich the Lincoln Park Coast area, primarily focusing on Newark city. The organization's most significant activity is the annual summer music festival, serving as a significant contribution to their cultural and artistic vision. Their work also involves blending arts, cultural planning, and event programming with community economic development, promoting a harmonious integration of culture and community growth.


Official website here: www.lpccd.org

What is the revenue of Lincoln Park Coast Cultural District Inc?

Lincoln Park Coast Cultural District Inc's revenue in 2023 was $1,057,419.


Official website here: www.lpccd.org

Who are the executives of Lincoln Park Coast Cultural District Inc and what are their salaries?

The average compensation at Lincoln Park Coast Cultural District Inc during 2023 was $84,899. There are 3 employees and 5 volunteers at Lincoln Park Coast Cultural District Inc.

Here are 11 key members and their salaries:


Anthony Schuman (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jorge Santos (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tisa Rountree (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Thomas (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Hooper Marshall (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Antoinette Richardson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Foster (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arturo Osorio (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sylvia Alston (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Fred Sullivan Iii (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony R Smith (Executive Director)
  • Compensation: $129,353
  • Related: $0
  • Other: $17,485


Official website here: www.lpccd.org

Where can I find the form 990 for Lincoln Park Coast Cultural District Inc?

Lincoln Park Coast Cultural District Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.lpccd.org

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

Mission Statement of Lincoln Park Coast Cultural District Inc

Lincoln Park Coast Cultural District Inc is dedicated to planning, designing, and developing a comprehensive cultural and arts district in an unspecified area. Their primary mission is to enrich this district through arts, cultural planning, and event programming, ultimately fostering community economic development. The most prominent activity conducted by this organization is their annual summer music festival, which plays a significant role in achieving their objectives.

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Impact




October, 2024

Lincoln Park Coast Cultural District Inc. plays a vital role in transforming the Lincoln Park Coast area of Newark into a vibrant cultural and arts district. By blending arts, cultural planning, and event programming with community economic development, the organization fosters local creativity and enhances the quality of life for residents. One of its most significant contributions is the summer music festival, which draws the community together, promotes local talent, and stimulates economic activity. This event not only serves as an entertainment hub but also as a platform for artists, thereby encouraging cultural expression and supporting the local economy. Through its initiatives, Lincoln Park Coast Cultural District Inc. has made substantial strides in revitalizing the community, creating a sense of pride and belonging among residents, while ultimately enriching the cultural landscape of Newark.




This information is meant to be a general summary of Lincoln Park Coast Cultural District 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
$1,057,419 (2023)
Expenses
$1,082,867 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $24,222
  • Gross Receipts: $1,057,419

Assets and Liabilities:

  • Total Assets: $2,064,170
  • Total Liabilities: $692,925
  • Net Assets: $1,371,245

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MUSIC FESTIVAL

Revenue

$24,222

Organization Details

Founding Year

1999

Principal Officer

Anthony Smith

NTEE Category

Code: S20 - Community improvement

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