Overview
What is The Arts Federation Inc?
The Arts Federation Inc, located in Lafayette, Indiana, serves as a vital hub for the local arts community. Acting as a re-granting agency, they distribute funds from sources like North Central Health Services and the Indiana Arts Commission to support and promote various arts organizations. Beyond financial assistance, they also provide space for regional artists to showcase their talents, thereby enriching the cultural landscape. In essence, The Arts Federation Inc plays a significant role in fostering artistic growth and innovation within its community.
Official website here: www.theartsfederation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
The Arts Federation Inc has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. With a high score of 96%, the organization demonstrates robust financial oversight and governance, highlighted by its fully independent board of directors and solid financial statements that undergo regular audits.
Strengths of The Arts Federation include its effective management of resources, with a program expense ratio of 74.54%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization has implemented several policies, such as conflict of interest and whistleblower policies, which further bolster its commitment to ethical practices and transparency.
There are no notable limitations reported in the data, underscoring The Arts Federation's dedication to maintaining a high standard of operational excellence. Overall, this charity exemplifies responsible stewardship of donor funds and a strong focus on fulfilling its mission in the arts community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Arts Federation Inc?
88% of 43 reviewers on Facebook recommend The Arts Federation Inc. Here is a summary of their reviews:
Many users express admiration for the organization's commitment to making art accessible to everyone. They highlight the inspiring projects that TAF undertakes, emphasizing the dedication of its leaders and the significant difference they are making in the community.
Overall, The Arts Federation Inc. is viewed positively, with supporters appreciating the meaningful impact of its services and initiatives. The sentiment reflects a strong belief in the value of art and its potential to enrich lives through the efforts of this nonprofit.
This AI summary has been generated from reviews found on Facebook.
Is The Arts Federation Inc legitimate?
The Arts Federation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Arts Federation 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: $0
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Other Salaries and Wages: $171,347
For more financial information, click here
Official website here: www.theartsfederation.org
What is the mission statement of The Arts Federation Inc?
The Arts Federation Inc is committed to serving and promoting member organizations within the arts community. Its mission involves providing space for regional artists and acting as a re-granting agency for state funding for arts organizations, primarily from sources like the North Central Health Services and the Indiana Arts Commission. The primary goal of The Arts Federation Inc is to support and enhance the arts scene by offering services and promotion to its member organizations. This non-profit organization also plays a crucial role in providing opportunities for local artists, fostering creativity and cultural growth in the community.
Official website here: www.theartsfederation.org
What is the revenue of The Arts Federation Inc?
The Arts Federation Inc's revenue in 2023 was $1,493,046.
Official website here: www.theartsfederation.org
Who are the executives of The Arts Federation Inc and what are their salaries?
The average compensation at The Arts Federation Inc during 2023 was $34,269. There are 5 employees and 136 volunteers at The Arts Federation Inc.
Here are 18 key members and their salaries:
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Official website here: www.theartsfederation.org
Where can I find the form 990 for The Arts Federation Inc?
The Arts Federation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.theartsfederation.org
Learn more at the official website: www.theartsfederation.org
Mission Statement of The Arts Federation Inc
The Arts Federation Inc, a key player in the arts community, is committed to providing services and promotion for its member organizations. Its mission extends beyond this, encompassing the provision of space for regional artists and acting as a re-granting agency for state funding for arts organizations. This means that The Arts Federation Inc plays a pivotal role in supporting the arts scene by distributing funds from sources such as the North Central Health Services and the Indiana Arts Commission. By doing so, it enables various arts organizations to thrive and grow, thereby contributing to the vibrancy and diversity of the local art scene.
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Impact
October, 2024
The Arts Federation Inc significantly enriches the arts community by providing essential services and promotional support for member organizations. By acting as a re-granting agency for state funding, it helps distribute resources from the North Central Health Services and the Indiana Arts Commission, facilitating bigger projects and initiatives. Additionally, it offers valuable space for regional artists, creating opportunities for collaboration and creativity. This support not only enhances the visibility and viability of local arts organizations but also fosters a vibrant arts culture within Lafayette, Indiana, ultimately benefiting the community through increased access to artistic experiences and resources.
This information is meant to be a general summary of The Arts Federation 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 2023.
- Investment Income: $8,588
- Program Service Revenue: $71,777
- Gross Receipts: $1,662,419
Assets and Liabilities:
- Total Assets: $2,580,467
- Total Liabilities: $119,567
- Net Assets: $2,460,900
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$71,777
Organization Details
Founding Year
1979
Principal Officer
Tetia Lee
Website
www.theartsfederation.orgNTEE Category
Code: A26Z - Arts
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