Overview
What is Laurel Arts Inc?
Laurel Arts Inc is a nonprofit organization dedicated to promoting arts and cultural education. Through their Studio Kids pre-school program, they integrate arts into the cognitive, linguistic, and social development of up to 40 young students, fostering a holistic learning environment. Furthermore, Laurel Arts Dance offers a variety of dance classes, including ballet, tap, jazz, pointe, and performance lessons, catering to kindergarteners to high schoolers. The culmination of these classes is an annual recital attended by around 350 individuals, providing a platform for students to showcase their skills and talent. Overall, Laurel Arts Inc seeks to enrich the lives of its community members by nurturing their creative abilities and appreciation for arts.
Official website here: www.laurelarts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)
Laurel Arts Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of financial health and transparency. The overall score reflects a strong emphasis on accountability and finance, with a perfect score in several categories, including an independent board and well-documented policies. This high rating suggests that the organization effectively manages its resources and maintains a commitment to ethical practices.
Strengths highlighted include a fully independent board of directors, ensuring unbiased governance, as well as a robust program expense ratio of 71.15%. This indicates that a significant portion of their expenses is directed towards their programs, directly benefiting the community they serve. Additionally, the organization has established clear policies regarding conflict of interest, whistleblower protections, and document retention, which further reinforces its commitment to operational transparency.
While the data showcases strong financial practices, it's important for potential donors and supporters to consider how the organization allocates its resources towards its mission. The high liabilities to assets ratio of 47.71% is notable, suggesting a moderate level of debt which could impact future financial stability. Overall, Laurel Arts Inc stands out for its commitment to accountability but should continue to monitor its financial health to sustain its operations effectively.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Laurel Arts Inc?
Four reviews have been posted on Facebook for Laurel Arts Inc, all expressing positive sentiments. One user shared their experience attending a community rock painting party, highlighting it as a delightful opportunity to connect with friends and meet new people. The event included refreshments, which added to the enjoyable atmosphere and made it a nice gathering for the community.
Overall, feedback indicates that participants appreciate the community-oriented events organized by Laurel Arts Inc. The sense of connection and enjoyment experienced during events reflects positively on the nonprofit's ability to foster local engagement and creativity.
This AI summary has been generated from reviews found on Facebook.
Is Laurel Arts Inc legitimate?
Laurel Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laurel Arts 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: $33,386
Professional Fundraising Fees: $0
Other Salaries and Wages: $189,438
For more financial information, click here
Official website here: www.laurelarts.org
What is the mission statement of Laurel Arts Inc?
Laurel Arts Inc, as an organization, is committed to promoting arts and cultural education. Their mission is embodied in various programs. One such program is Studio Kids, which integrates the arts into the cognitive, linguistic, and social development of young students, catering to up to 40 individuals. Additionally, Laurel Arts Dance offers a range of dance classes, including ballet, tap, jazz, pointe, and performance, for students from kindergarten to high school. These classes run throughout the year, culminating in a year-end recital attended by approximately 350 individuals.
Official website here: www.laurelarts.org
Who is the CEO of Laurel Arts Inc?
Erin Mayak is the President of Laurel Arts Inc.
Official website here: www.laurelarts.org
What is the revenue of Laurel Arts Inc?
Laurel Arts Inc's revenue in 2022 was $478,347.
Official website here: www.laurelarts.org
Who are the executives of Laurel Arts Inc and what are their salaries?
The average compensation at Laurel Arts Inc during 2022 was $13,107. There are 17 employees and 36 volunteers at Laurel Arts Inc.
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Official website here: www.laurelarts.org
Where can I find the form 990 for Laurel Arts Inc?
Laurel Arts Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.laurelarts.org
Learn more at the official website: www.laurelarts.org
Mission Statement of Laurel Arts Inc
Laurel Arts Inc is dedicated to advancing arts and cultural education through a variety of programs. At the heart of their mission is Studio Kids, a pre-school initiative that seamlessly integrates arts into the cognitive, linguistic, and social development of up to 40 students. Beyond early education, Laurel Arts Dance extends their reach to students from kindergarten to twelfth grade, offering a range of classes in ballet, tap, jazz, pointe, and performance. These classes run year-round, culminating in a year-end recital attended by approximately 350 individuals. By providing these artistic opportunities, Laurel Arts Inc fosters creativity, self-expression, and personal growth in the young minds it serves.
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Impact
July, 2024
Laurel Arts Inc positively impacts the community by providing arts and cultural education through a variety of programs. Its Studio Kids preschool program integrates the arts into cognitive, linguistic, and social development for up to 40 students, nurturing creativity and fostering holistic growth. Additionally, Laurel Arts Dance offers year-round classes in ballet, tap, jazz, pointe, and performance for students from kindergarten to 12th grade. The year-end recital, attended by 350 individuals, showcases the hard work and dedication of these students, fostering a love for the arts in the community. Laurel Arts Inc's commitment to providing quality arts education enriches the lives of many individuals in Somerset, PA, ensuring that the beauty of art is accessible to all.
This information is meant to be a general summary of Laurel Arts 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: $49
- Program Service Revenue: $270,408
- Gross Receipts: $488,726
Assets and Liabilities:
- Total Assets: $560,173
- Total Liabilities: $241,981
- Net Assets: $318,192
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLASSES
Revenue
$13,663
EDUCATION/OTHER
Revenue
$32,299
LAUREL ARTS DANCE
Revenue
$139,822
STUDIO KIDS PRESCHOOL
Revenue
$56,844
SUMMER/THEATRE CAMPS
Revenue
$15,101
Organization Details
Founding Year
1975
Phone
(814) 443-2433Principal Officer
Erin Mayak
Main Address
PO BOX 414, SOMERSET, PA, 15501
Website
www.laurelarts.orgNTEE Category
Code: A200 - Arts
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