Overview
What is Tampa Bay Blues Foundation Inc C/O Charles W Ross?
Tampa Bay Blues Foundation Inc C/O Charles W Ross is a nonprofit organization based in St. Petersburg, Florida, specifically at 8370 40th Ave N. The primary mission of this organization is to raise funds for local charitable causes, primarily achieved through an annual music festival. In the recent past, they organized a music concert in April 2022 in Pinellas County, Florida, with the remaining funds being donated to the Pinellas Association for Retarded Children. Their purpose is to support local communities through the power of music events and contributions.
Official website here: www.tampabaybluesfest.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Tampa Bay Blues Foundation Inc has achieved an overall score of 81%, reflecting a strong performance in its Accountability & Finance metrics. This score is derived from a comprehensive evaluation focused solely on financial practices and governance structures. The foundation has an independent board comprised entirely of independent members, showcasing its commitment to transparency and ethical management.
The organization excels in several key areas, including having no material diversion of assets and a very low liabilities to assets ratio of 2.25%. Additionally, it demonstrates excellent practices in maintaining essential documents and policies, which further strengthens its accountability framework. The program expense ratio is impressive, indicating that 100% of its expenses go directly towards programmatic activities, signifying effective use of funds.
While the foundation has shown strong governance and financial responsibility, the overall Three-Star rating suggests that there could be areas for improvement. Stakeholders may desire to see a broader evaluation that includes additional beacons in areas such as impact and results. However, the current metrics demonstrate a solid foundation of financial health and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Tampa Bay Blues Foundation Inc C/O Charles W Ross legitimate?
Tampa Bay Blues Foundation Inc C/O Charles W Ross is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tampa Bay Blues Foundation Inc C/O Charles W Ross 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
Official website here: www.tampabaybluesfest.com
What is the mission statement of Tampa Bay Blues Foundation Inc C/O Charles W Ross?
The Tampa Bay Blues Foundation's mission is centered around raising funds for local charitable organizations. They achieve this by organizing an annual music festival. The primary goal is to raise funds through this musical event, which was scheduled to take place in Pinellas County, Florida, in April 2022. After covering the event's expenses, the remaining funds are donated to a specific charitable organization, in this case, the Pinellas Association for Retarded Children. The foundation's activities contribute to supporting various local charities by harnessing the power of music and community engagement.
Official website here: www.tampabaybluesfest.com
Who is the CEO of Tampa Bay Blues Foundation Inc C/O Charles W Ross?
Charles W Ross is the Director of Tampa Bay Blues Foundation Inc C/O Charles W Ross.
Official website here: www.tampabaybluesfest.com
What is the revenue of Tampa Bay Blues Foundation Inc C/O Charles W Ross?
Tampa Bay Blues Foundation Inc C/O Charles W Ross's revenue in 2022 was $728,563.
Official website here: www.tampabaybluesfest.com
Who are the executives of Tampa Bay Blues Foundation Inc C/O Charles W Ross and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.tampabaybluesfest.com
Where can I find the form 990 for Tampa Bay Blues Foundation Inc C/O Charles W Ross?
Tampa Bay Blues Foundation Inc C/O Charles W Ross's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tampabaybluesfest.com
Learn more at the official website: www.tampabaybluesfest.com
Mission Statement of Tampa Bay Blues Foundation Inc C/O Charles W Ross
The Tampa Bay Blues Foundation Inc C/O Charles W Ross is dedicated to raising funds for local charitable organizations. They accomplish this mission by organizing an annual music festival. During this event, they present a music concert in Pinellas County, Florida, in April. Once the concert concludes, the foundation donates the remaining funds to the Pinellas Association for Retarded Children. By hosting this music festival, the Tampa Bay Blues Foundation Inc C/O Charles W Ross contributes to various charitable causes in their community.
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Impact
October, 2024
The Tampa Bay Blues Foundation, led by Charles W. Ross, significantly impacts the local community by organizing an annual music festival that raises funds for various charitable organizations. This annual event not only highlights the vibrant music scene but also serves as a platform to support essential causes within the region. For instance, the festival held in April 2022 generated financial support for the Pinellas Association for Retarded Children, showcasing a commitment to aiding local needs.
By funneling proceeds into meaningful initiatives, the foundation reinforces the importance of community engagement and philanthropy within the arts. Its efforts contribute to enhancing the quality of life in Pinellas County, creating a synergy between cultural expression and social responsibility. Through these endeavors, the Tampa Bay Blues Foundation fosters a sense of unity and support among residents while celebrating the rich heritage of blues music.
This information is meant to be a general summary of Tampa Bay Blues Foundation Inc C/O Charles W Ross. 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.
- Program Service Revenue: $700,379
- Gross Receipts: $728,563
Assets and Liabilities:
- Total Assets: $551,234
- Total Liabilities: $12,842
- Net Assets: $538,392
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT SALES
Revenue
$700,379
Organization Details
Principal Officer
Charles W Ross
Main Address
8370 40TH AVE N, ST PETERSBURG, FL, 33709
Website
www.tampabaybluesfest.comNTEE Category
Code: A126 - Arts
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