Overview
What is Sol Treasures Inc?
Sol Treasures Inc is a nonprofit art and cultural enrichment center situated in King City, California. It serves as a convenient platform for rural residents to appreciate and showcase local artists' work, offering public classes in various artistic mediums and genres, such as visual arts, music, and theatre. The center also features a variety of art forms including drawings, paintings, poetry, photography, fiber and textiles, woodworking, mosaics, sign making, jewelry, pottery, and more. Sol Treasures' primary aim is to bring art culture to communities and children who may not otherwise have the opportunity, offering scholarships to support both local artists and schoolchildren in participating in art classes. The organization currently employs 36 individuals, fostering artistic growth and expression within the community.
Official website here: www.soltreasures.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star Rating
Sol Treasures Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The rating is derived from a comprehensive evaluation that focuses solely on their financial practices, where they scored 77%. This score reflects the organization’s commitment to maintaining a strong financial structure, with a program expense ratio of 70.38%, suggesting that a significant portion of their expenses are directed towards their programs.
The nonprofit exhibits strengths in governance, with 100% of its board members being independent, which is vital for unbiased oversight. Other positive aspects include the absence of material diversion of assets and the presence of essential policies like conflict of interest, document retention, and board meeting minutes documentation. These factors contribute to the organization's overall integrity and transparency.
However, one noted limitation is the absence of a whistleblower policy, which scored 0 out of 4 points. This could potentially pose a risk to the organization’s accountability framework. Despite this shortcoming, Sol Treasures Inc demonstrates a commendable level of financial responsibility and governance, making it a reliable choice for donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Sol Treasures Inc legitimate?
Sol Treasures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sol Treasures 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: $89,450
Professional Fundraising Fees: $0
Other Salaries and Wages: $124,491
For more financial information, click here
Official website here: www.soltreasures.com
What is the mission statement of Sol Treasures Inc?
Sol Treasures Inc serves as an art and cultural enrichment center, offering rural residents a convenient location to appreciate and showcase local artists' works. The center provides various art enrichment opportunities in visual and performing arts, such as visual art classes, music instruction, and theatre and performance classes. Local artists present a wide range of finished works, including paintings, drawings, poetry, photographs, fiber and textiles, sign making, jewelry, pottery, woodworking, and other traditional arts. Sol Treasures' primary goal is to introduce and propagate the culture of art to communities and children who might otherwise lack this opportunity.
Official website here: www.soltreasures.com
Who is the CEO of Sol Treasures Inc?
Jeff Hinderscheid is the Executive Dir. of Sol Treasures Inc.
Official website here: www.soltreasures.com
What is the revenue of Sol Treasures Inc?
Sol Treasures Inc's revenue in 2022 was $790,641.
Official website here: www.soltreasures.com
Who are the executives of Sol Treasures Inc and what are their salaries?
The average compensation at Sol Treasures Inc during 2022 was $5,943. There are 36 employees and 18 volunteers at Sol Treasures Inc.
Here are 9 key members and their salaries:
- Compensation: $2,000
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $5,450
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $82,000
- Related: $0
- Other: $0
Official website here: www.soltreasures.com
Where can I find the form 990 for Sol Treasures Inc?
Sol Treasures Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.soltreasures.com
Learn more at the official website: www.soltreasures.com
Mission Statement of Sol Treasures Inc
Sol Treasures Inc is an art and cultural enrichment center that aims to make art accessible to rural communities and their children. The organization provides a platform for local artists to exhibit their work and offers classes in various art forms, such as visual arts, music, and theatre. Sol Treasures encourages the presentation of diverse art mediums, including paintings, drawings, poetry, photography, fiber and textiles, sign making, jewelry, pottery, and woodworking, among others. The center's primary goal is to bring the culture of art to communities that may not otherwise have the opportunity to experience it. By doing so, Sol Treasures enriches the lives of rural residents and fosters creativity in the next generation.
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Impact
October, 2024
Sol Treasures Inc significantly enriches the cultural landscape of rural communities by providing accessible opportunities for artistic expression and appreciation. Located in King City, California, this art and cultural enrichment center connects residents with the works of local artists, fostering a vibrant arts scene.
The center offers a diverse range of art classes in various mediums, including visual arts, music instruction, and performance arts, catering to individuals of all ages. By providing training in traditional and contemporary art forms, such as fiber arts, woodworking, jewelry making, and pottery, Sol Treasures nurtures creativity and self-expression.
Additionally, Sol Treasures plays a vital role in supporting local talent through scholarships and initiatives aimed at encouraging participation in the arts, particularly for youth. As a result, the center not only showcases local artistic achievements but also cultivates the next generation of artists by making art education accessible to those who may not have had such opportunities.
In summary, Sol Treasures Inc serves as a crucial hub for cultural engagement, fostering a community that values and promotes the arts while enhancing the quality of life for its residents.
This information is meant to be a general summary of Sol Treasures 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: $1,832
- Program Service Revenue: $114,857
- Gross Receipts: $820,837
Assets and Liabilities:
- Total Assets: $1,016,692
- Total Liabilities: $342,326
- Net Assets: $674,366
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ART CLASSES AND FIELD
Revenue
$97,956
ART AND BOOK SALES
Revenue
$16,901
Organization Details
Founding Year
2007
Phone
(831) 386-9809Principal Officer
Jeff Hinderscheid
Main Address
519 BROADWAY, KING CITY, CA, 93930
Website
www.soltreasures.comNTEE Category
Code: A99 - Arts
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