Overview
What is Music From Bear Valley Inc?
Music From Bear Valley Inc, located in Bear Valley, California, is a nonprofit organization with a mission to promote musical concerts for the benefit of the general public. Their primary event is "Music From Bear Valley," an annual event that attracts approximately 7,000 attendees. The organization, with a team of 25 employees, is dedicated to cultivating a musical atmosphere within the community. While their main focus is on organizing these concerts, their purpose extends beyond entertainment, aiming to contribute positively to the local public.
Official website here: www.bearvalleymusicfestival.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (69%)
Music From Bear Valley Inc holds a two-star rating, indicating that while it shows some strengths in its governance and financial management, there are significant areas needing improvement. Notably, the nonprofit has a high program expense ratio of 97.65%, meaning a large majority of its funds are directed towards its programs rather than administrative costs. Additionally, the organization boasts full independence among its board members, which is a positive aspect for accountability.
However, the nonprofit has several areas that require attention. The lack of key policies such as a conflict of interest policy, whistleblower policy, and document retention guidelines raises concerns about governance practices. Furthermore, the absence of financial statements and the nonprofit's tax form on its website diminishes transparency, which is essential for building trust with donors and stakeholders.
Overall, while Music From Bear Valley Inc demonstrates effective program expenditure and an independent board, the gaps in policy and transparency hinder its overall rating. Addressing these issues could significantly enhance its credibility and community support moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Music From Bear Valley Inc legitimate?
Music From Bear Valley Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Music From Bear Valley 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:
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Other Salaries and Wages: $164,764
For more financial information, click here
Official website here: www.bearvalleymusicfestival.org
What is the mission statement of Music From Bear Valley Inc?
Music From Bear Valley Inc's mission is centered around promoting musical concerts for the benefit of the general public. Their primary objective is to organize an annual concert event, known as "Music From Bear Valley," which attracts approximately 7,000 attendees. The organization's mission is to contribute positively to the community through these musical events.
Official website here: www.bearvalleymusicfestival.org
Who is the CEO of Music From Bear Valley Inc?
Julia Mee is the President of Music From Bear Valley Inc.
Official website here: www.bearvalleymusicfestival.org
What is the revenue of Music From Bear Valley Inc?
Music From Bear Valley Inc's revenue in 2022 was $649,125.
Official website here: www.bearvalleymusicfestival.org
Who are the executives of Music From Bear Valley Inc and what are their salaries?
The average compensation at Music From Bear Valley Inc during 2022 was $6,591. There are 25 employees and 70 volunteers at Music From Bear Valley Inc.
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Official website here: www.bearvalleymusicfestival.org
Where can I find the form 990 for Music From Bear Valley Inc?
Music From Bear Valley Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bearvalleymusicfestival.org
Learn more at the official website: www.bearvalleymusicfestival.org
Mission Statement of Music From Bear Valley Inc
Music From Bear Valley Inc, as its name suggests, is dedicated to promoting musical concerts for the benefit of the general public. The organization's primary objective is to organize an annual event known as "Music From Bear Valley," which attracts around 7,000 individuals. This event serves as a platform to showcase music, providing enjoyment and benefit to a significant number of people. By promoting these concerts, Music From Bear Valley Inc contributes to the cultural enrichment and entertainment of its audience.
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Impact
July, 2024
Music From Bear Valley Inc's impact is felt through its promotion of musical concerts for the general public benefit, particularly through the annual "Music from Bear Valley" event held in Bear Valley, CA. With approximately 7,000 people attending this event, the organization serves as a key platform for bringing together music enthusiasts, artists, and the community. Through its activities, Music From Bear Valley Inc contributes to the cultural enrichment of the region, fosters appreciation for the arts, and provides a platform for artists to showcase their talents. Furthermore, the organization's dedication to promoting musical concerts underscores its commitment to celebrating the arts and creating memorable experiences for all who attend.
This information is meant to be a general summary of Music From Bear Valley 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.
- Investment Income: $2,195
- Program Service Revenue: $132,456
- Gross Receipts: $670,060
Assets and Liabilities:
- Total Assets: $614,928
- Total Liabilities: $11,916
- Net Assets: $603,012
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$132,456
Organization Details
Founding Year
1970
Phone
(209) 588-7344Principal Officer
Julia Mee
Main Address
PO BOX 5068, BEAR VALLEY, CA, 95223
NTEE Category
Code: A610 - Arts
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