Overview
What is Faith Center For The Arts A New Jersey Nonprofit Corporation?
Faith Center For The Arts A New Jersey Nonprofit Corporation is a charitable organization situated in Wharton, New Jersey. With a workforce of 40 individuals, it offers a comprehensive educational experience in the realm of fine arts. This encompasses music, musical instruments, dance, drama, and art, catering to children and young adults. The nonprofit's mission is to provide a platform for individuals to gain knowledge and appreciation for these artistic disciplines. They accomplish this through both classroom instruction and performance-based activities.
Official website here: www.faithcenterarts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall Score: 63%)
Faith Center For The Arts has received a two-star rating from Charity Navigator, indicating that there are significant areas for improvement in its operations and governance. The overall score of 63% highlights concerns around the composition of its board, with no independent members, which can impact accountability and oversight in the organization.
On a positive note, the nonprofit demonstrates solid financial health with a program expense ratio of 82.71%, suggesting that a substantial portion of its resources is dedicated to its mission. Additionally, there are no reported material diversions of assets, indicating sound management of financial assets. The organization also has a conflict of interest policy in place, which is a positive governance practice.
However, the lack of independent board members raises concerns about governance transparency and accountability. Moreover, the absence of a whistleblower policy and document retention practices, along with the failure to post its tax form on its website, are glaring omissions that could undermine stakeholder trust. Overall, while Faith Center For The Arts shows promise in its mission-related expenditures, significant governance improvements are essential for fostering greater accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Faith Center For The Arts A New Jersey Nonprofit Corporation legitimate?
Faith Center For The Arts A New Jersey Nonprofit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faith Center For The Arts A New Jersey Nonprofit Corporation 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: $78,255
Professional Fundraising Fees: $0
Other Salaries and Wages: $348,459
For more financial information, click here
Official website here: www.faithcenterarts.org
What is the mission statement of Faith Center For The Arts A New Jersey Nonprofit Corporation?
Faith Center For The Arts, as a nonprofit organization, offers an educational opportunity for individuals to expand their knowledge in the fine arts. This encompasses various disciplines such as music, musical instruments, dance, drama, and art. Their mission is to provide a platform for learning and growth in these areas, offering both classroom instruction and performance instruction to children and young adults. The aim is to foster a deep understanding and appreciation for the arts, thereby enriching the lives of those who participate.
Official website here: www.faithcenterarts.org
What is the revenue of Faith Center For The Arts A New Jersey Nonprofit Corporation?
Faith Center For The Arts A New Jersey Nonprofit Corporation's revenue in 2023 was $755,148.
Official website here: www.faithcenterarts.org
Who are the executives of Faith Center For The Arts A New Jersey Nonprofit Corporation and what are their salaries?
The average compensation at Faith Center For The Arts A New Jersey Nonprofit Corporation during 2023 was $9,276. There are 46 employees and 10 volunteers at Faith Center For The Arts A New Jersey Nonprofit Corporation.
Here are 7 key members and their salaries:
- Compensation: $78,255
- 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: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.faithcenterarts.org
Where can I find the form 990 for Faith Center For The Arts A New Jersey Nonprofit Corporation?
Faith Center For The Arts A New Jersey Nonprofit Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.faithcenterarts.org
Learn more at the official website: www.faithcenterarts.org
Mission Statement of Faith Center For The Arts A New Jersey Nonprofit Corporation
Faith Center for the Arts, a New Jersey-based nonprofit organization, is dedicated to providing an educational opportunity for individuals. This encompasses a wide range of fine arts, including music, musical instruments, dance, drama, and art. The mission of this esteemed institution is to facilitate the acquisition of knowledge in these disciplines for both children and young adults. Through classroom instruction and performance-based learning, Faith Center for the Arts encourages exploration and mastery in various artistic fields.
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Impact
July, 2024
Faith Center For The Arts A New Jersey Nonprofit Corporation provides a crucial educational opportunity for individuals to obtain knowledge and skills in the fine arts, including music, musical instruments, dance, drama, and art. By offering classroom instruction and performance opportunities, this organization enriches the lives of children and young adults in Wharton, NJ, fostering creativity and artistic expression. Through its dedication to arts education, Faith Center For The Arts contributes to the cultural enrichment of its community and empowers individuals to explore and develop their artistic talents.
This information is meant to be a general summary of Faith Center For The Arts A New Jersey Nonprofit Corporation. 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 2023.
- Investment Income: $1,719
- Program Service Revenue: $698,163
- Gross Receipts: $755,148
Assets and Liabilities:
- Total Assets: $138,223
- Total Liabilities: $24,261
- Net Assets: $113,962
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CAMP FEES
Revenue
$56,491
DRAMA STUDY PROGRAM
HOME SCHOOL PROGRAM
PRIVATE INSTRUCT. PROGRAM
SCHOOL TUITION
Revenue
$641,672
Organization Details
Founding Year
2008
Principal Officer
Reena Kirspel
Website
www.faithcenterarts.orgNTEE Category
Code: A25 - Arts
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