Overview
What is Aactmad?
Aactmad, established as the Ann Arbor Community for Traditional Music and Dance, is a nonprofit organization situated in Ann Arbor, Michigan. Their primary mission revolves around fostering a sense of community and enriching lives through traditional music, dance, songs, and related arts. The foundation carries out this objective by hosting two events annually: the Melt Into Spring Annual Contra-Dance and a weekly Tuesday English Country Dance event. Live music is a prominent feature of these events, which cater to a diverse audience. In 2020, the Contra-Dance event was cancelled due to the pandemic, while the Tuesday event attracted 40 attendees per week for nine consecutive weeks. Aactmad serves as a platform for individuals to connect, learn, and engage with traditional cultural expressions.
Official website here: www.aactmad.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Stars)
Aactmad has achieved a remarkable rating of 93%, which reflects a strong level of accountability and financial health. This score is derived entirely from their Accountability & Finance metrics, highlighting their commitment to transparency and responsible management of resources. The organization has a solid track record with an independent board, where 100% of members are independent, and there have been no material diversions of assets reported.
The nonprofit has demonstrated excellent fiscal responsibility, with a program expense ratio of 96.04%, meaning that nearly all their expenses are directed toward their mission-related programs. Their financial practices are further supported by comprehensive policies, including documented board meeting minutes and a conflict of interest policy. However, it is noted that they lack a whistleblower policy, which is an area for potential improvement.
Overall, Aactmad stands out for its accountability and high program expenditure, which suggests effective use of donations. While the absence of a whistleblower policy is a limitation, the organization’s strong governance and financial practices are commendable, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Aactmad legitimate?
Aactmad is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aactmad 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: $1,090
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.aactmad.org
What is the mission statement of Aactmad?
Aactmad, as a nonprofit organization, aims to enrich people's lives and foster a sense of community through traditional music, dance, song, and related arts. This is achieved through their participatory membership structure. The Aactmad Peter Mattis Memorial Foundation, a subdivision of Aactmad, is dedicated to promoting traditional music and dance. They host events such as the Melt Into Spring Annual Contra-Dance and a weekly English Country Dance, both featuring live music. Unfortunately, the annual event had to be cancelled in 2020 due to COVID-19. However, the weekly event attracted around 40 attendees for nine weeks in 2020. These events provide a platform for individuals to engage with and appreciate traditional music and dance.
Official website here: www.aactmad.org
Who is the CEO of Aactmad?
Bruce Sagan is the President of Aactmad.
Official website here: www.aactmad.org
What is the revenue of Aactmad?
Aactmad's revenue in 2022 was $22,010.
Official website here: www.aactmad.org
Who are the executives of Aactmad and what are their salaries?
There 40 volunteers at Aactmad.
Here are 10 key members and their salaries:
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Official website here: www.aactmad.org
Where can I find the form 990 for Aactmad?
Aactmad's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aactmad.org
Learn more at the official website: www.aactmad.org
Mission Statement of Aactmad
AACTMAD, or the Ann Arbor Community for Traditional Music and Dance, is a nonprofit organization that focuses on enriching people's lives and fostering a sense of community through traditional music, dance, song, and related arts. At its core, AACTMAD serves as a participatory membership organization, promoting a shared appreciation for these cultural traditions.
The Aactmad Peter Mattis Memorial Foundation, a subdivision of AACTMAD, is another nonprofit entity dedicated to championing traditional music and dance. This foundation is particularly noteworthy for hosting two significant events: the Melt Into Spring Annual Contra-Dance and a weekly Tuesday English Country Dance event. In the past, the Melt Into Spring event attracted a large following, but it was unfortunately cancelled in 2020 due to the COVID-19 pandemic. Despite the challenges posed by the pandemic, the weekly Tuesday English Country Dance event managed to maintain an average attendance of 40 individuals for nine consecutive weeks in 2020. Both events showcase live music, further emphasizing AACTMAD's commitment to preserving and celebrating traditional music.
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Impact
August, 2024
Aactmad's impact is evident in the enrichment of people's lives and sense of community through traditional music, dance, song, and related arts. It provides a platform for individuals to actively participate in these cultural activities, fostering a deeper connection to their heritage and community. Through events like the Melt Into Spring Annual Contra-Dance and the weekly Tuesday English Country Dance, Aactmad creates opportunities for live music performances and social engagement, contributing to the preservation and promotion of traditional arts in the Ann Arbor area.
This information is meant to be a general summary of Aactmad. 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.
- Program Service Revenue: $5,716
- Gross Receipts: $22,010
Assets and Liabilities:
- Total Assets: $557,673
- Total Liabilities: $0
- Net Assets: $557,673
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
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Revenue
$5,716
Organization Details
Founding Year
1975
Phone
(734) 355-9752Principal Officer
Bruce Sagan
Main Address
4531 Concourse Drive, Ann Arbor, MI, 48108
Website
www.aactmad.orgIf you are a representative of Aactmad and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.