Overview
What is Northern Ohio Fine Arts Fund?
The Northern Ohio Fine Arts Fund is a dedicated nonprofit organization located in Willoughby, Ohio. Its primary objective is to bolster the fine arts community by supporting fine arts associations and providing resources for visual art organizations. This nonprofit's mission is to enhance the artistic landscape in the area, offering essential services to the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
The Northern Ohio Fine Arts Fund has received a Three-Star rating from Charity Navigator, indicating a solid level of performance with an overall score of 80%. This score is derived solely from the Accountability & Finance category, where the organization excels, showcasing strong financial health and governance practices.
Notably, the organization has an entirely independent board, which reflects positively on its governance structure. It also demonstrates no material diversion of assets and has a robust conflict of interest policy in place. The Fund maintains a healthy liabilities to assets ratio of 0.00%, which contributes to its financial stability.
While the financial practices are commendable, the rating is solely based on Accountability & Finance metrics, and there are no scores reflecting other operational aspects or program impact. Users should consider looking into additional factors beyond financials to get a complete picture of the organization's effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Northern Ohio Fine Arts Fund legitimate?
Northern Ohio Fine Arts Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northern Ohio Fine Arts Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Northern Ohio Fine Arts Fund?
The Northern Ohio Fine Arts Fund is committed to supporting fine arts associations and providing services to visual art organizations. Its mission involves offering assistance to promote the growth and development of the fine arts community. The fund's activities are geared towards fostering artistic growth and nurturing creative talent within the fine arts sector. By offering its services, the Northern Ohio Fine Arts Fund aims to contribute to the enrichment of the arts scene. While specific details about the fund's goals or methods are not provided, it is clear that its mission is centered around supporting and empowering the fine arts community.
Who is the CEO of Northern Ohio Fine Arts Fund?
Homer Chisholm is the President of Northern Ohio Fine Arts Fund.
What is the revenue of Northern Ohio Fine Arts Fund?
Northern Ohio Fine Arts Fund's revenue in 2022 was $82,044.
Who are the executives of Northern Ohio Fine Arts Fund and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Northern Ohio Fine Arts Fund?
Northern Ohio Fine Arts Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Northern Ohio Fine Arts Fund
The Northern Ohio Fine Arts Fund is dedicated to supporting fine arts associations and providing visual art organizations. This nonprofit entity works towards facilitating services in the realm of art. By doing so, it contributes significantly to the artistic community, fostering creativity and appreciation for the fine arts. The Northern Ohio Fine Arts Fund's mission is to serve as a catalyst for the growth and development of the visual arts scene, providing a platform for various artistic associations to thrive.
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Impact
October, 2024
The Northern Ohio Fine Arts Fund significantly impacts the cultural landscape of Willoughby, OH, by supporting fine arts associations and fostering visual arts organizations. Its dedicated efforts enhance access to art and promote cultural enrichment within the community. By providing essential resources and services, the Fund strengthens the infrastructure of local art initiatives, ensuring that they thrive and reach a broader audience. This commitment to the arts not only cultivates creativity but also fosters a vibrant community spirit, ultimately enriching the overall quality of life for residents and visitors alike.
This information is meant to be a general summary of Northern Ohio Fine Arts Fund. 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: $82,044
- Gross Receipts: $151,995
Assets and Liabilities:
- Total Assets: $1,772,661
- Total Liabilities: $0
- Net Assets: $1,772,661
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Organization Details
Founding Year
1972
Phone
(216) 870-9225Principal Officer
Homer Chisholm
Main Address
38660 MENTOR AVE, WILLOUGHBY, OH, 44094
NTEE Category
Code: A120 - Arts
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