Overview
What is Center For The Arts Inc?
Center for the Arts Inc is a nonprofit organization that plays a significant role in enriching its community by promoting various cultural events. These events include art exhibits, shows, and festivals, all serving to foster a sense of unity and appreciation for the arts. By doing so, the organization aims to contribute positively to the community's social and cultural landscape. The Center for the Arts Inc's mission focuses on organizing and publicizing these events to provide opportunities for individuals to engage with and enjoy various artistic expressions.
Official website here: www.boroarts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star Rating
The Center For The Arts Inc has received a commendable rating of 86% from Charity Navigator, indicating a solid level of accountability and finance management. This score is derived from a mix of evaluations, emphasizing a strong performance in both financial practices and community engagement. The organization boasts a perfect score in various governance metrics, including the independence of its board members and the presence of essential policies.
Strengths of the organization include a fully independent board and a commitment to transparency, as evidenced by its adherence to policies regarding conflict of interest and document retention. The financial health metrics reflect a robust structure, with a low liabilities to assets ratio, which is a positive indicator of financial stability. Additionally, the Center For The Arts Inc has effectively implemented equity practices, ranking highly in equity strategies.
However, the program expense ratio stands at 61.37%, suggesting there may be room for improvement in the allocation of funds directly to programs. While the organization excels in accountability and community culture, ensuring that a higher percentage of expenses directly supports its mission could enhance its impact further. Overall, the Center For The Arts Inc demonstrates strong governance and community involvement, making it a reputable nonprofit in its field.
This AI summary has been generated from information found on Charity Navigator.
Is Center For The Arts Inc legitimate?
Center For The Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center For The 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: $65,606
Professional Fundraising Fees: $0
Other Salaries and Wages: $178,928
For more financial information, click here
Official website here: www.boroarts.org
What is the mission statement of Center For The Arts Inc?
The Center for the Arts Inc. is dedicated to promoting a variety of cultural events for the betterment of the community. These events encompass art exhibits, shows, and festivals, all aimed at enriching the community's cultural landscape. The organization's mission is to utilize these events as a means to bring people together and foster a sense of unity and appreciation for the arts. By promoting these events, the Center for the Arts Inc. aims to contribute to the cultural growth and development of the community.
Official website here: www.boroarts.org
Who is the CEO of Center For The Arts Inc?
Regina Ward is the Board Member of Center For The Arts Inc.
Official website here: www.boroarts.org
What is the revenue of Center For The Arts Inc?
Center For The Arts Inc's revenue in 2022 was $744,118.
Official website here: www.boroarts.org
Who are the executives of Center For The Arts Inc and what are their salaries?
The average compensation at Center For The Arts Inc during 2022 was $10,632. There are 23 employees and 292 volunteers at Center For The Arts Inc.
Here are 12 key members and their salaries:
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- Compensation: $10,385
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Official website here: www.boroarts.org
Where can I find the form 990 for Center For The Arts Inc?
Center For The Arts Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.boroarts.org
Learn more at the official website: www.boroarts.org
Mission Statement of Center For The Arts Inc
The Center for the Arts Inc is dedicated to promoting a variety of cultural events for the betterment of the community. Their mission encompasses organizing art exhibits, shows, and festivals, aiming to contribute positively to the community's social and cultural landscape. By doing so, they aim to foster a sense of unity and appreciation for the arts within the community.
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Impact
October, 2024
Center For The Arts Inc significantly enriches the community by promoting a diverse array of cultural events, including art exhibits, shows, and festivals in Murfreesboro, TN. These initiatives not only showcase local talent and creativity but also foster a sense of community engagement and pride. By creating accessible platforms for artists and performers, the organization helps to cultivate an appreciation for the arts among residents, enhancing the cultural landscape of the area.
In addition, these events serve as vital opportunities for social interaction, bringing people together and strengthening community bonds. The celebration of various art forms contributes to the overall vibrancy of Murfreesboro, attracting visitors and stimulating local economic activity. Ultimately, Center For The Arts Inc plays a crucial role in promoting cultural awareness and participation, making the arts an integral part of community life.
This information is meant to be a general summary of Center For The 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: $376
- Program Service Revenue: $386,505
- Gross Receipts: $804,920
Assets and Liabilities:
- Total Assets: $1,096,414
- Total Liabilities: $65,256
- Net Assets: $1,031,158
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SHOW FEES
Revenue
$255,761
TUITION
Revenue
$130,744
Organization Details
Founding Year
2007
Phone
(615) 904-2787Principal Officer
Regina Ward
Main Address
110 W COLLEGE ST, MURFREESBORO, TN, 37130
Website
www.boroarts.orgNTEE Category
Code: A61 - Arts
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