Overview
What is Fermata Arts Foundation Inc?
Fermata Arts Foundation Inc is a nonprofit organization based in Avon, Connecticut, with a mission to foster intercultural dialogue and understanding. They achieve this by organizing exhibitions of children's art from various post-Soviet countries in public libraries across the United States. The foundation has established partnerships with over 120 libraries in nine states, including Connecticut, Massachusetts, and New York, among others. On average, they host 10 exhibitions per month, resulting in 120 exhibitions annually. In 2022, they organized 133 exhibitions, featuring art from countries such as Russia, Ukraine, and several others. The exhibitions serve various cities and towns, promoting cultural exchange and mutual respect. The foundation aims to contribute to peace preservation through the synthesis of art, architecture, philosophy, and poetry. They have a small team of two employees committed to this mission.
Official website here: www.fermata-arts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
Fermata Arts Foundation Inc has achieved a Three-Star rating from Charity Navigator, which reflects a score of 83%. This rating is derived solely from the Accountability & Finance category, emphasizing the organization’s strong financial practices and governance. The foundation has received perfect scores in several key areas, including having a fully independent board and no material diversion of assets, which signifies a commitment to ethical management and transparency.
The organization demonstrates strong accountability with listed policies for conflict of interest and effective documentation practices. However, it lacks a whistleblower policy and a document retention and destruction policy, which are notable limitations in its governance framework. The perfect program expense ratio of 100% indicates that all expenditures are directed towards its programs, suggesting a focused mission and efficient use of resources.
Overall, while Fermata Arts Foundation Inc shows commendable financial health and governance, improving its policy framework could further enhance its operational integrity. The solid accountability measures in place provide confidence to donors and stakeholders about the foundation's commitment to its mission and responsible management of funds.
This AI summary has been generated from information found on Charity Navigator.
Is Fermata Arts Foundation Inc legitimate?
Fermata Arts Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fermata Arts Foundation 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: $6,004
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.fermata-arts.org
What is the mission statement of Fermata Arts Foundation Inc?
The Fermata Arts Foundation Inc's mission is centered around promoting peace. They aim to achieve this by fostering mutual respect, understanding, and cooperation among different nations. This is accomplished through the integration of art, architecture, philosophy, and poetry, serving as a platform for genuine intercultural dialogue. The Foundation's objective is to facilitate a space where representatives from various countries can discover common values and spiritual connections.
Official website here: www.fermata-arts.org
Who is the CEO of Fermata Arts Foundation Inc?
Tatayna Ishutkina is the Principal Officer of Fermata Arts Foundation Inc.
Official website here: www.fermata-arts.org
What is the revenue of Fermata Arts Foundation Inc?
Fermata Arts Foundation Inc's revenue in 2022 was $65,540.
Official website here: www.fermata-arts.org
Who are the executives of Fermata Arts Foundation Inc and what are their salaries?
The average compensation at Fermata Arts Foundation Inc during 2022 was $3,002. There are 2 employees and 52 volunteers at Fermata Arts Foundation Inc.
Here are 8 key members and their salaries:
- Compensation: $3,169
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Official website here: www.fermata-arts.org
Where can I find the form 990 for Fermata Arts Foundation Inc?
Fermata Arts Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fermata-arts.org
Learn more at the official website: www.fermata-arts.org
Mission Statement of Fermata Arts Foundation Inc
Fermata Arts Foundation Inc, a prominent organization, is dedicated to preserving peace by fostering mutual respect, understanding, and cooperation among different nations. They achieve this objective through a unique approach that combines art, architecture, philosophy, and poetry. The foundation's primary mission is to promote and encourage genuine intercultural dialogue between various countries. By facilitating such dialogues, representatives from diverse nations can uncover shared values and spiritual commonalities. This collaborative process can potentially lead to a more harmonious and peaceful world.
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Impact
August, 2024
Fermata Arts Foundation Inc's impact is significant in fostering true intercultural dialogue between countries through the medium of art. The organization's mission to aid in the preservation of peace through mutual respect, understanding, and cooperation is carried out through organizing children's exhibitions from the post-soviet space countries in public spaces across various states. In 2022 alone, Fermata Arts Foundation organized 133 exhibitions in public libraries in five states, showcasing children's drawings from a variety of countries including Belarus, Ukraine, Russia, and more.
By engaging with over 120 public libraries in nine states and organizing an average of 10 exhibitions per month, Fermata Arts Foundation is actively promoting cultural exchange and understanding. Through their initiatives, they are creating opportunities for representatives of different countries to discover shared values and spiritual commonality, contributing to the larger goal of building bridges and fostering peace through the universal language of art.
This information is meant to be a general summary of Fermata Arts Foundation 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.
- Gross Receipts: $65,540
Assets and Liabilities:
- Total Assets: $200
- Total Liabilities: $0
- Net Assets: $200
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Organization Details
Founding Year
2008
Phone
(860) 404-1781Principal Officer
Tatayna Ishutkina
Main Address
PO Box 197, Avon, CT, 06001
Website
www.fermata-arts.orgNTEE Category
Code: A25 - Arts
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