Overview
What is Northampton Community Arts Trust Inc?
Northampton Community Arts Trust Inc, based in Northampton, Massachusetts, is a dedicated nonprofit organization with a mission to safeguard and foster the long-term wellbeing of its community. They achieve this by creating and preserving artistic spaces, with a particular focus on downtown Northampton. This initiative aims to enhance the cultural landscape and contribute to the community's vitality. The Trust's work supports the arts in various ways, ensuring their continued presence and importance in the community.
Official website here: www.northamptonartstrust.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star Rating)
Northampton Community Arts Trust Inc has earned a Three-Star rating from Charity Navigator, reflecting a strong focus on Accountability and Finance. The organization achieved an impressive score of 88% in this area, indicating solid financial health and responsible management practices. The rating is based solely on the Accountability & Finance beacon, showcasing their commitment to transparency and effective governance.
Key strengths of Northampton Community Arts Trust include a fully independent board, which consists of 11 members, contributing to a robust decision-making framework. The organization also demonstrates excellent financial oversight, with all required financial statements audited and no material diversions of assets reported. Their program expense ratio of 81.62% suggests that a substantial portion of their funds is directed toward fulfilling their mission.
However, it is worth noting that the trust is missing a whistleblower policy, which could be a limitation in their governance practices. Despite this, their overall financial metrics and practices underline a commitment to accountability, making them a trustworthy organization within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Northampton Community Arts Trust Inc legitimate?
Northampton Community Arts Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northampton Community Arts Trust 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.
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Official website here: www.northamptonartstrust.org
What is the mission statement of Northampton Community Arts Trust Inc?
The Northampton Community Arts Trust Inc's mission is centered around preserving and enhancing the longevity of communities by fostering and preserving artistic spaces, with a significant focus on downtown areas. The organization's primary objective is to safeguard and maintain the vitality of communities through the creation and conservation of art venues. This mission is crucial in promoting a rich cultural landscape and fostering creative growth within these communities.
Official website here: www.northamptonartstrust.org
Who is the CEO of Northampton Community Arts Trust Inc?
Peter Whalen is the President of Northampton Community Arts Trust Inc.
Official website here: www.northamptonartstrust.org
What is the revenue of Northampton Community Arts Trust Inc?
Northampton Community Arts Trust Inc's revenue in 2022 was $588,533.
Official website here: www.northamptonartstrust.org
Who are the executives of Northampton Community Arts Trust Inc and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.northamptonartstrust.org
Where can I find the form 990 for Northampton Community Arts Trust Inc?
Northampton Community Arts Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.northamptonartstrust.org
Learn more at the official website: www.northamptonartstrust.org
Mission Statement of Northampton Community Arts Trust Inc
Northampton Community Arts Trust, Inc., is a dedicated organization with a mission to safeguard and sustain the long-term prosperity of its community. It achieves this goal by focusing on the creation and preservation of arts spaces, particularly in downtown Northampton. The trust's primary objective is to ensure the longevity of the community by nurturing its artistic scene, thereby contributing to its overall vitality.
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Impact
July, 2024
Northampton Community Arts Trust Inc plays a vital role in safeguarding the long-term vitality of the greater Northampton community through the creation and preservation of arts spaces, with a special focus on downtown Northampton, MA. Their efforts contribute significantly to the cultural richness and vibrancy of the community, providing a platform for artists to showcase their talents and fostering a sense of community engagement and creativity. Through their commitment to preserving and cultivating arts spaces, Northampton Community Arts Trust Inc positively impacts the local cultural ecosystem, making the arts more accessible and enriching the lives of residents and visitors alike.
This information is meant to be a general summary of Northampton Community Arts Trust 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: $1,277
- Gross Receipts: $588,533
Assets and Liabilities:
- Total Assets: $6,448,796
- Total Liabilities: $34,022
- Net Assets: $6,414,774
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Organization Details
Founding Year
2010
Phone
(413) 584-7327Principal Officer
Peter Whalen
Main Address
PO BOX 366, NORTHAMPTON, MA, 01061
Website
www.northamptonartstrust.orgNTEE Category
Code: Q33 - International
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