Overview
What is Kentucky Center For The Arts Foundation Inc?
Kentucky Center For The Arts Foundation Inc, located at 501 W MAIN ST, LOUISVILLE, KY 40202, acts as a nonprofit organization. Its primary function involves soliciting and receiving financial support from various sources, including individuals, groups, corporations, and other public and private entities. This funding is utilized to finance the operational and programming expenses of The Kentucky Center for the Arts Corporation. The Foundation's mission is to contribute to the financial well-being of this artistic institution, thereby promoting and fostering cultural growth and appreciation in the community.
Official website here: www.kentuckyperformingarts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star rating
The Kentucky Center For The Arts Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a score of 96% in Accountability & Finance and 100% in Culture & Community, the organization demonstrates strong governance practices and effective resource management. The foundation has an entirely independent board and a robust audit and oversight committee, ensuring transparency and integrity in its operations.
The foundation excels in its commitment to continuous improvement and community engagement. Feedback collection and usage scored a perfect 100%, reflecting the organization's dedication to listening to its stakeholders and adapting its practices accordingly. This responsiveness contributes positively to its community impact and strengthens its operational framework.
While the organization showcases impressive financial ratios and no reported material diversions of assets, it is essential for potential donors and supporters to consider its overall mission and impact in the arts sector. The foundation's solid financial management and community-focused initiatives position it as a reliable choice for contributions, but ongoing evaluation of its programs will ensure it continues to meet the needs of the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Kentucky Center For The Arts Foundation Inc legitimate?
Kentucky Center For The Arts Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kentucky Center For The Arts Foundation 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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For more financial information, click here
Official website here: www.kentuckyperformingarts.org
What is the mission statement of Kentucky Center For The Arts Foundation Inc?
The Kentucky Center For The Arts Foundation Inc's mission involves securing financial support from various sources, including individuals, groups, corporations, and other organizations, both public and private. This funding is utilized to cover the capital, operating, and programming expenses of The Kentucky Center for the Arts Corporation. In essence, the foundation's role is to ensure the continued operation and programming of The Kentucky Center for the Arts. While the mission statement primarily focuses on financial support, it implicitly underscores the importance of preserving and nurturing the arts community.
Official website here: www.kentuckyperformingarts.org
Who is the CEO of Kentucky Center For The Arts Foundation Inc?
Cindy Zipperle is the Treasurer of Kentucky Center For The Arts Foundation Inc.
Official website here: www.kentuckyperformingarts.org
What is the revenue of Kentucky Center For The Arts Foundation Inc?
Kentucky Center For The Arts Foundation Inc's revenue in 2022 was $2,309,948.
Official website here: www.kentuckyperformingarts.org
Who are the executives of Kentucky Center For The Arts Foundation Inc and what are their salaries?
There 16 volunteers at Kentucky Center For The Arts Foundation Inc.
Here are 19 key members and their salaries:
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Official website here: www.kentuckyperformingarts.org
Where can I find the form 990 for Kentucky Center For The Arts Foundation Inc?
Kentucky Center For The Arts Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kentuckyperformingarts.org
Learn more at the official website: www.kentuckyperformingarts.org
Mission Statement of Kentucky Center For The Arts Foundation Inc
Kentucky Center for the Arts Foundation Inc's primary mission lies in procuring financial support from various sources, including individuals, groups, corporations, and public and private entities. This mission is instrumental in funding the operational and programming expenses of The Kentucky Center for the Arts Corporation. By soliciting and receiving grants, contributions, and donations, the foundation ensures the continued success and growth of the arts center. In essence, the Kentucky Center for the Arts Foundation Inc serves as a crucial financial backbone, enabling the arts corporation to carry out its programming and maintain its facilities effectively.
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Impact
October, 2024
The Kentucky Center for the Arts Foundation Inc plays a crucial role in enhancing the cultural landscape of Louisville, Kentucky, by securing financial support for The Kentucky Center for the Arts Corporation. Through its efforts in soliciting gifts, grants, and contributions from diverse sources—including individuals, groups, and corporations—it helps to fund capital projects, operational expenses, and programming initiatives. This financial backing enables The Kentucky Center to host a wide array of artistic performances and events, fostering community engagement with the arts and enriching the local cultural scene. By facilitating access to the arts, the foundation supports not only the artists and performers but also the audience members who benefit from the cultural experiences provided. Overall, it contributes significantly to the vibrancy and sustainability of the arts in the region.
This information is meant to be a general summary of Kentucky Center For The Arts Foundation 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: $977,558
- Program Service Revenue: $497,704
- Gross Receipts: $9,114,687
Assets and Liabilities:
- Total Assets: $27,350,513
- Total Liabilities: $3,538,579
- Net Assets: $23,811,934
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Parking Garage
Revenue
$100,000
Brown Theatre
Revenue
$397,704
Organization Details
Founding Year
1980
Phone
(502) 562-0100Principal Officer
Cindy Zipperle
Main Address
501 W MAIN ST, LOUISVILLE, KY, 402022919
NTEE Category
Code: A11 - Arts
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