Overview
What is Friends Of The Braumart?
Friends of The Braumart is a nonprofit organization situated in Iron Mountain, Michigan. Their primary goal is to foster arts, education, and cultural growth within Dickinson County through various means. This encompasses improving properties, engaging with the community, and producing artistic and musical performances. The organization is committed to operating solely for these purposes, aiming to uplift and enrich the local community through its initiatives. With a small team of one dedicated individual, Friends of The Braumart continues its mission to promote artistic and cultural enrichment in the region.
Official website here: www.friendsofthebraumart.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, earning a Two-Star out of Four Star rating. Friends Of The Braumart has demonstrated strengths in several areas, notably having a fully independent board and no issues with material diversion of assets. The organization has a solid program expense ratio of 73.48%, indicating a strong commitment to its programs relative to its overall spending.
However, the organization also has significant limitations in its accountability and finance practices. Notably, it lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy, which could raise concerns about governance and transparency. Additionally, the organization's tax form is not posted on its website, suggesting a need for improved accessibility of information for potential donors and stakeholders.
Overall, while Friends Of The Braumart shows commitment through its independent governance and program focus, it should address its governance shortcomings to enhance its accountability and transparency moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Braumart legitimate?
Friends Of The Braumart is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Braumart 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: $14,400
For more financial information, click here
Official website here: www.friendsofthebraumart.org
What is the mission statement of Friends Of The Braumart?
The organization, known as Friends Of The Braumart, is dedicated to serving a purpose centered around arts, education, and cultural enhancement. Their mission is to operate solely for this purpose within a specific county, Michigan's Dickinson County. To accomplish this, they engage in property upgrades, actively involve the community, and produce artistic and musical productions. The goal is to enhance the cultural landscape and promote learning through the arts.
Official website here: www.friendsofthebraumart.org
Who is the CEO of Friends Of The Braumart?
Rodney Kjell is the Executive Di of Friends Of The Braumart.
Official website here: www.friendsofthebraumart.org
What is the revenue of Friends Of The Braumart?
Friends Of The Braumart's revenue in 2022 was $171,076.
Official website here: www.friendsofthebraumart.org
Who are the executives of Friends Of The Braumart and what are their salaries?
The average compensation at Friends Of The Braumart during 2022 was $14,400. There is 1 employee at Friends Of The Braumart.
Here are 5 key members and their salaries:
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Official website here: www.friendsofthebraumart.org
Where can I find the form 990 for Friends Of The Braumart?
Friends Of The Braumart's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.friendsofthebraumart.org
Learn more at the official website: www.friendsofthebraumart.org
Mission Statement of Friends Of The Braumart
Friends of the Braumart is an organization with a mission to promote arts, education, and cultural enhancement within Dickinson County, Michigan. To achieve this, it is dedicated to operating solely for these purposes. The nonprofit engages in various activities, such as upgrading properties, involving the community, and producing artistic and musical productions. By doing so, Friends of the Braumart aims to enhance the arts, education, and cultural scene within its jurisdiction.
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Impact
October, 2024
Friends Of The Braumart significantly enriches the cultural landscape of Dickinson County, Michigan, by promoting arts, education, and community involvement. Through various property upgrades, the organization enhances local venues, making them more accessible and welcoming for artistic and musical productions. This commitment to elevating the arts fosters a vibrant creative community, encouraging participation from residents and artists alike.
The programs and events generated by Friends Of The Braumart not only offer entertainment but also serve as educational opportunities, bringing together diverse groups and fostering appreciation for various art forms. The revitalization efforts and community engagement initiatives help to cultivate a sense of pride and ownership among locals, ultimately strengthening the social fabric of Iron Mountain and surrounding areas. By creating spaces for artistic expression and cultural programming, Friends Of The Braumart plays a vital role in shaping a dynamic and enriched community environment.
This information is meant to be a general summary of Friends Of The Braumart. 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: $4,519
- Program Service Revenue: $110,995
- Gross Receipts: $171,076
Assets and Liabilities:
- Total Assets: $433,156
- Total Liabilities: $268,193
- Net Assets: $164,963
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$108,879
FACILITY USAGE INCOME
Revenue
$2,116
Organization Details
Founding Year
2009
Phone
(906) 282-6807Principal Officer
Rodney Kjell
Main Address
PO BOX 156, IRON MOUNTAIN, MI, 49801
Website
www.friendsofthebraumart.orgNTEE Category
Code: A65 - Arts
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