Overview
What is Capital Pride Alliance Inc?
Capital Pride Alliance Inc, located in Washington D.C., is a nonprofit organization committed to celebrating and safeguarding the LGBTQ+ community's legacy. They organize an annual week-long event, known as Capital Pride, comprising a festival and a parade, drawing over 250,000 attendees. This event serves as a platform for the LGBTQ+ community and their allies to express pride, celebrate diversity, and acknowledge the contributions of LGBTQ+ individuals to wider culture. However, the COVID-19 pandemic impacted major activities, affecting sponsorships and event registrations. With a team of two individuals, Capital Pride Alliance Inc strives to support diverse communities, fostering growth and preservation for future generations.
Official website here: www.capitalpride.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Capital Pride Alliance Inc has received an 81% rating from Charity Navigator, reflecting a solid performance in accountability and finance. The charity scores particularly well in areas such as board independence and compliance with various policies, indicating a strong governance structure and commitment to transparency.
However, while the organization's financial management aspects are commendable, there are some weaknesses in the program expense ratio and fundraising efficiency. The program expense ratio, at 17 out of 25, suggests that a smaller portion of their spending is directed towards programs compared to administrative costs, which may raise questions about their overall impact. Additionally, a fundraising efficiency ratio of 0.02 out of 25 indicates potential challenges in fundraising effectiveness.
Overall, Capital Pride Alliance Inc demonstrates a good level of accountability but may need to enhance its program delivery and fundraising strategies to increase its impact in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Capital Pride Alliance Inc legitimate?
Capital Pride Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capital Pride Alliance 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $213,250
For more financial information, click here
Official website here: www.capitalpride.org
What is the mission statement of Capital Pride Alliance Inc?
The Capital Pride Alliance Inc, through its diverse planning and stewardship of LGBTQ+ organizations and events, primarily the year-round Pride festivities and programs, aims to celebrate, motivate, and preserve its legacy. This organization serves to honor and uplift the LGBTQ+ community and their allies, providing them an opportunity to express pride in themselves and celebrate diversity. The Capital Pride Alliance produces a week-long event, attracting over 250,000 attendees, which includes a parade and festival. Despite the impact of COVID-19 on major program activities, sponsorship dollars, and event registrations, the organization continues to strive to fulfill its mission.
Official website here: www.capitalpride.org
What is the revenue of Capital Pride Alliance Inc?
Capital Pride Alliance Inc's revenue in 2022 was $2,259,856.
Official website here: www.capitalpride.org
Who are the executives of Capital Pride Alliance Inc and what are their salaries?
The average compensation at Capital Pride Alliance Inc during 2022 was $106,625. There are 2 employees and 30 volunteers at Capital Pride Alliance Inc.
Here are 18 key members and their salaries:
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Official website here: www.capitalpride.org
Where can I find the form 990 for Capital Pride Alliance Inc?
Capital Pride Alliance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.capitalpride.org
Learn more at the official website: www.capitalpride.org
Mission Statement of Capital Pride Alliance Inc
Capital Pride Alliance, Inc., a key organization within the LGBTQ+ community, aims to preserve and expand its legacy for future generations. Through its strategic management and collaboration with various LGBTQ+ organizations and events, particularly year-round pride festivities and programs in Washington D.C., Capital Pride serves to commemorate, inspire, and strengthen the community.
The organization's primary mission is to produce a week-long Capital Pride event, which includes the festival. This event attracts over 250,000 attendees, offering an opportunity for the LGBTQ+ community and their allies to express their pride, celebrate diversity, and recognize the significant contributions of LGBTQ+ individuals to society as a whole. Unfortunately, the impact of COVID-19 has disrupted major program activities, affecting primary funding sources, sponsorship dollars, and other event registrations and ticket revenues. Despite these challenges, Capital Pride Alliance, Inc. continues to play a vital role in fostering unity and empowerment within the LGBTQ+ community.
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Impact
October, 2024
Capital Pride Alliance Inc significantly impacts the LGBTQ+ community and its allies in Washington, DC, by fostering a sense of pride, inclusivity, and celebration. The organization produces a week-long Capital Pride event that culminates in a festival attracting over 250,000 attendees, providing a vital space for individuals to express their identities and honor the diverse tapestry of experiences within the LGBTQ+ community.
Through these celebrations, Capital Pride highlights the contributions of LGBTQ+ individuals to broader culture and society, promoting visibility and understanding. The events serve not only as a celebration but also as a platform for advocacy and community engagement, strengthening ties among diverse groups and ensuring that the legacy of pride and activism continues for future generations.
While COVID-19 posed challenges by impacting major program activities and sponsorships, the organization remains committed to these vital celebrations and support systems. By nurturing a vibrant network of LGBTQ+ organizations and facilitating year-round pride programs, Capital Pride Alliance ensures that their mission to support and empower the community continues, reinforcing the importance of diversity and legacy within the fabric of Washington, DC.
This information is meant to be a general summary of Capital Pride Alliance 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: $19
- Program Service Revenue: $449,517
- Gross Receipts: $2,259,856
Assets and Liabilities:
- Total Assets: $964,690
- Total Liabilities: $17,399
- Net Assets: $947,291
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATIONS/TICKETS
Revenue
$449,517
Organization Details
Founding Year
2008
Principal Officer
Ashley Smith
Website
www.capitalpride.orgNTEE Category
Code: P80 - Human services
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