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Multicultural Arts & Entertainment Group

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Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 272797534 ✦ Cordova, TN ✦ Designated as a 501(c)(3)

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Overview

What is Multicultural Arts & Entertainment Group?

The Multicultural Arts & Entertainment Group is a nonprofit organization situated in the mid-south region. Its primary mission is to enlighten the community about the rich arts and cultural heritage of Asia. They achieve this goal through various programs, including an annual art show. This organization serves as a platform to promote and preserve the cultural diversity of Asian communities, fostering a deeper understanding and appreciation for their arts.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 37%

The Multicultural Arts & Entertainment Group has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With a score of 37%, the organization shows a lack of independent board members and has not provided essential financial statements. This lack of transparency raises questions about governance and the effective oversight of the organization’s operations.

On a positive note, the organization has managed to allocate 100% of its expenses towards program activities, reflecting a commitment to its mission in the arts and entertainment sector. However, the absence of fundamental policies such as a conflict of interest policy and a whistleblower policy severely undermines the organization's credibility and trustworthiness.

Overall, while the Multicultural Arts & Entertainment Group demonstrates dedication to its programs, the governance issues highlighted by its low rating suggest a need for improvement in financial transparency and accountability practices. Addressing these concerns will be crucial for building stakeholder trust and ensuring long-term sustainability.


This AI summary has been generated from information found on Charity Navigator.

Is Multicultural Arts & Entertainment Group legitimate?

Multicultural Arts & Entertainment Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Multicultural Arts & Entertainment Group 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: $0

For more financial information, click here

What is the mission statement of Multicultural Arts & Entertainment Group?

The Multicultural Arts & Entertainment Group is dedicated to enlightening individuals in the mid-south region about the rich arts and cultural traditions of Asian heritage. Through various programs, such as an annual art show, this organization serves as a platform for promoting and disseminating knowledge about Asian culture. As an arts and cultural organization, its primary objective is to foster understanding and appreciation of diverse cultural backgrounds, thereby contributing to a more inclusive and culturally enriched society.

Who is the CEO of Multicultural Arts & Entertainment Group?

George Kwang Min is the Treasurer of Multicultural Arts & Entertainment Group.

What is the revenue of Multicultural Arts & Entertainment Group?

Multicultural Arts & Entertainment Group's revenue in 2022 was $495,380.

Who are the executives of Multicultural Arts & Entertainment Group and what are their salaries?


Here are 4 key members and their salaries:


Julie Mim-Phelps (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Kwang Min (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Launa Morris (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexis L Patree (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Multicultural Arts & Entertainment Group?

Multicultural Arts & Entertainment Group's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Multicultural Arts & Entertainment Group

The Multicultural Arts & Entertainment Group, a notable nonprofit organization, is dedicated to enlightening individuals in the mid-south region about the rich arts and cultural heritage of Asia. Through its various programs, this organization serves as a catalyst for fostering understanding and appreciation of Asian art and culture within the community. One of its primary initiatives is an annual art show, which provides a platform for showcasing the diverse artistic expressions and traditions of Asia. By engaging with the Multicultural Arts & Entertainment Group, residents of the mid-south have the opportunity to broaden their horizons and gain a deeper appreciation for the beauty and complexity of Asian arts and culture.

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Impact




July, 2024

Multicultural Arts & Entertainment Group has had a significant impact in educating people in the mid-south about the arts and culture of Asian heritage. Through its programs, including an annual art show, the organization has successfully raised awareness and appreciation for the rich cultural traditions of Asian heritage in the community. By fostering cross-cultural understanding and engagement, Multicultural Arts & Entertainment Group plays a crucial role in celebrating diversity and promoting a more inclusive society in the city of Cordova, Tennessee.




This information is meant to be a general summary of Multicultural Arts & Entertainment Group. 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.

Revenue
$495,380 (2022)
Expenses
$429,589 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $495,380

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $40,614
  • Net Assets: -$40,614

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Organization Details

Founding Year

2010

Principal Officer

George Kwang Min

Main Address

2705 SUMMER SWEET CV, CORDOVA, TN, 38016

NTEE Category

Code: S22 - Community improvement

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