Overview
What is Fine Arts Discovery Series Inc?
Fine Arts Discovery Series Inc, operating under the name Sherman Theater, is a nonprofit organization situated in Stroudsburg, Pennsylvania. With a dedicated workforce of 101 individuals, their primary purpose is to promote and nurture an appreciation for music and fine arts. They achieve this goal by providing educational programs and experiences, aiming to engage and inspire the community. The organization's activities are centered around fostering a deep understanding and love for these art forms, ultimately contributing to a rich cultural landscape.
Official website here: www.shermantheater.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 69%)
Fine Arts Discovery Series Inc, doing business as Sherman Theater, has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. While the organization demonstrates strong program expense efficiency with a ratio of 91.65%, suggesting that a significant portion of funds is directed toward its mission, several governance and financial transparency issues have been noted. The organization lacks essential policies, including those related to conflict of interest and whistleblower protections, which are critical for robust governance.
On a positive note, the theater has a fully independent board, with 71% of its members achieving a high score in that category, showing a commitment to impartial oversight. However, the organization does not publish its financial statements on its website, which impacts transparency and public trust. Additionally, while there are no material diversions of assets reported, the absence of key policies and documentation, such as a tax form on its website, raises concerns about its operational accountability.
Overall, while Sherman Theater shows strong dedication to its programming, enhancing governance practices and financial transparency could improve its rating and potentially garner greater support from the community and donors alike. Addressing these limitations is crucial for building trust and sustaining its mission in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is Fine Arts Discovery Series Inc legitimate?
Fine Arts Discovery Series Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fine Arts Discovery Series 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: $184,380
Professional Fundraising Fees: $0
Other Salaries and Wages: $714,850
For more financial information, click here
Official website here: www.shermantheater.com
What is the mission statement of Fine Arts Discovery Series Inc?
The Fine Arts Discovery Series Inc, operating under the name Sherman Theater, is committed to a mission aimed at providing education and fostering an appreciation for music and the fine arts. Through their activities, they strive to promote understanding and appreciation of these artistic forms, encouraging engagement and growth in this realm. Their primary objective is to serve as a platform for education and inspiration, thereby contributing to a broader cultural landscape.
Official website here: www.shermantheater.com
Who is the CEO of Fine Arts Discovery Series Inc?
Richard Berkowitz is the CEO of Fine Arts Discovery Series Inc The CEO's salary of Fine Arts Discovery Series Inc is $111,580 and their total compensation is $111,580.
Official website here: www.shermantheater.com
What is the revenue of Fine Arts Discovery Series Inc?
Fine Arts Discovery Series Inc's revenue in 2024 was $2,860,135.
Official website here: www.shermantheater.com
Who are the executives of Fine Arts Discovery Series Inc and what are their salaries?
The average compensation at Fine Arts Discovery Series Inc during 2024 was $8,564. There are 105 employees and 50 volunteers at Fine Arts Discovery Series Inc.
Here are 6 key members and their salaries (Fine Arts Discovery Series Inc's CEO's salary is $111,580 and their total compensation is $111,580):
- Compensation: $111,580
- Related: $0
- Other: $0
- Compensation: $72,800
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.shermantheater.com
Where can I find the form 990 for Fine Arts Discovery Series Inc?
Fine Arts Discovery Series Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.shermantheater.com
Learn more at the official website: www.shermantheater.com
Mission Statement of Fine Arts Discovery Series Inc
Fine Arts Discovery Series Inc D/B/A Sherman Theater, as an organization, is dedicated to providing education and fostering an appreciation for music and the fine arts. Its mission is to engage individuals in these artistic realms, encouraging a deeper understanding and enjoyment of these disciplines. By offering various educational programs and events, Sherman Theater aims to cultivate a community that values and celebrates the beauty and complexity of music and art. Through its initiatives, the nonprofit seeks to inspire and enrich lives, promoting a more creative and culturally aware society.
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Impact
October, 2024
Fine Arts Discovery Series Inc plays a crucial role in enriching the cultural landscape of Stroudsburg, PA, through its dedication to education and appreciation of music and the fine arts. By providing opportunities for individuals of all ages to engage with various art forms, the organization cultivates a deeper understanding and love for the arts within the community.
Through programs and events, Fine Arts Discovery Series Inc fosters creativity, inspires artistic expression, and enhances the overall quality of life. By connecting people with musical performances and visual arts experiences, it helps to create a vibrant cultural dialogue, encouraging collaboration among artists, educators, and audiences. The impact extends beyond individual enjoyment; it promotes community engagement, supports local artists, and contributes to the overall cultural vitality of the region, making the fine arts an integral part of the local identity.
This information is meant to be a general summary of Fine Arts Discovery Series 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 2024.
- Investment Income: $2,515
- Program Service Revenue: $2,349,778
- Gross Receipts: $2,863,690
Assets and Liabilities:
- Total Assets: $3,412,665
- Total Liabilities: $1,716,495
- Net Assets: $1,696,170
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SHOW REVENUE
Revenue
$2,098,290
MEMBERSHIPS
Revenue
$118,659
EQUIPMENT RENTAL
Revenue
$85,911
FACILITY RENTAL
Revenue
$46,050
ADVERTISING & CONSULTI
Revenue
$868
Organization Details
Founding Year
1991
Principal Officer
Richard Berkowitz
Website
www.shermantheater.comNTEE Category
Code: A51Z - Arts
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