Overview
What is Fuse Box Austin?
Fuse Box Austin is a nonprofit organization based in Austin, Texas, specifically at 2008 Alexander Ave. They are renowned for organizing the Fuse Box Festival, a five-day event spanning across 19 locations in the city, which showcases over 200 local, national, and international artists, reaching an audience of around 20,000 people. The primary mission of Fuse Box Austin is to present distinctive artistic projects to the community in Central Texas, support artists with necessary resources, and engage with civic issues central to contemporary life and culture. Their activities are the result of two years of meticulous planning and fundraising. The organization currently employs a team of nine individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Star rating.
Fuse Box Austin has received a low overall rating of 57% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization excels in governance aspects, such as having a fully independent board and no material diversion of assets, it struggles with transparency. Key deficiencies include missing financial statements, lack of a conflict of interest policy, and no whistleblower or document retention policies, which are critical for fostering trust and integrity.
The financial health of the nonprofit shows a program expense ratio of 62.31%, suggesting that a reasonable portion of funds are directed toward its programs. However, the absence of key financial documents and disclosure on its website raises red flags for potential donors. Without clear and available financial information, it becomes difficult for stakeholders to assess the true impact and management of the organization’s resources.
Overall, while Fuse Box Austin has strengths in board independence and financial liability management, the lack of essential policies and transparency in financial reporting undermine its credibility. Potential supporters are encouraged to consider these factors before engaging with the nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Fuse Box Austin legitimate?
Fuse Box Austin is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fuse Box Austin 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: $412,709
For more financial information, click here
What is the mission statement of Fuse Box Austin?
Fuse Box Austin's mission is centered around introducing unique artistic projects to a large audience in contemporary life and culture, while also providing support and resources for artists. Their programs aim to address civic issues that are significant in the modern world. The organization's annual festival, which takes place over five days and across multiple locations, serves hundreds of local, national, and international artists, reaching approximately 20,000 people in total. The festival is the culmination of two years of meticulous planning and fundraising efforts.
Who is the CEO of Fuse Box Austin?
Ronald Berry is the Executive Director of Fuse Box Austin.
What is the revenue of Fuse Box Austin?
Fuse Box Austin's revenue in 2022 was $1,248,449.
Who are the executives of Fuse Box Austin and what are their salaries?
The average compensation at Fuse Box Austin during 2022 was $45,857. There are 9 employees at Fuse Box Austin.
Here are 26 key members and their salaries:
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Where can I find the form 990 for Fuse Box Austin?
Fuse Box Austin's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fuse Box Austin
Fuse Box Austin, a nonprofit organization, is committed to bringing unique artistic projects to thousands in Central Texas. Its mission is multifaceted, involving the presentation of innovative artistic events, providing support and resources to artists, and addressing civic issues that resonate with contemporary life and culture. Through its programs, Fuse Box Austin serves a diverse range of local, national, and international artists, engaging with approximately 20,000 individuals during each of its festivals. These events, held every spring, are the culmination of two years of meticulous planning and fundraising, taking place across 19 locations in Austin, Texas. Fuse Box Austin's initiatives significantly contribute to the artistic and cultural landscape of the community, fostering a platform for artists to showcase their work and addressing pressing societal issues.
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Impact
October, 2024
Fuse Box Austin significantly enriches the cultural landscape of Central Texas by presenting unique artistic projects that engage thousands of individuals each year. Its flagship event, the Fusebox Festival, showcases over 60 events in just five days, drawing together a diverse array of local, national, and international artists. This dynamic festival not only engages around 20,000 attendees but also plays a pivotal role in supporting creative talent by providing essential resources and opportunities for artists.
By addressing contemporary civic issues through artistic expression, Fuse Box Austin fosters a deeper understanding of pressing societal matters within the community. The festival's carefully curated programming acts as a platform for dialogue and reflection, making art accessible and relevant to a broad audience. This commitment to the arts cultivates a vibrant cultural ecosystem, encouraging artistic innovation and community involvement in Austin and beyond.
This information is meant to be a general summary of Fuse Box Austin. 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: $690
- Program Service Revenue: $165,086
- Gross Receipts: $1,248,449
Assets and Liabilities:
- Total Assets: $207,330
- Total Liabilities: $22,471
- Net Assets: $184,859
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FUSEBOX FESTIVAL
Revenue
$135,086
SPONSORSHIPS
Revenue
$30,000
Organization Details
Founding Year
2009
Phone
(512) 800-3066Principal Officer
Ronald Berry
Main Address
2008 ALEXANDER AVE, AUSTIN, TX, 78722
NTEE Category
Code: A60 - Arts
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