Overview
What is Muzik 3 Foundation Inc?
Muzik 3 Foundation Inc is a charitable organization dedicated to supporting and promoting music, theater, and other performing arts. Their mission involves sponsoring and participating in the creation and presentation of these performances, as well as offering related grants. They aim to contribute to this field and provide financial assistance to artists and related projects. The foundation does not specify a geographical location in the provided information.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Muzik 3 Foundation Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The foundation’s overall score is based on a comprehensive evaluation of its financial practices, achieving a perfect score in several key areas, including board independence and asset management. This indicates a high level of financial transparency and responsible governance.
The organization boasts a fully independent board comprising three members, ensuring unbiased decision-making and effective oversight. Additionally, Muzik 3 Foundation maintains robust policies, including those related to conflicts of interest and whistleblower protections, which further enhance its credibility and organizational integrity.
One notable strength of the foundation is its program expense ratio, which stands at an exceptional 99.57%. This indicates that nearly all of its expenditures are directed toward its programs, maximizing the impact of its funding. Overall, while the data showcases its strong practices, there are no significant limitations noted, reinforcing the foundation's reputation as a reliable nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Muzik 3 Foundation Inc legitimate?
Muzik 3 Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Muzik 3 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Muzik 3 Foundation Inc?
The Muzik 3 Foundation Inc's mission is centered around sponsoring or taking part in the creation and presentation of performances in various artistic domains, including music, theater, and other performing arts. Additionally, they aim to provide related grants for such endeavors. This organization actively supports the composition and presentation of music concerts, contributing to the artistic and cultural landscape.
Who is the CEO of Muzik 3 Foundation Inc?
Sylvia Fan is the President of Muzik 3 Foundation Inc.
What is the revenue of Muzik 3 Foundation Inc?
Muzik 3 Foundation Inc's revenue in 2022 was $50,343.
Who are the executives of Muzik 3 Foundation Inc 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
Where can I find the form 990 for Muzik 3 Foundation Inc?
Muzik 3 Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Muzik 3 Foundation Inc
Muzik 3 Foundation Inc is dedicated to supporting and contributing to the creation and presentation of musical, theatrical, and other performing arts performances. This nonprofit organization's mission is to sponsor and participate in these events, as well as provide related grants. In essence, Muzik 3 Foundation Inc plays a significant role in fostering artistic expression and talent in the realm of music, theater, and performing arts.
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Impact
August, 2024
Muzik 3 Foundation Inc has made a significant impact by sponsoring and participating in the composition and presentation of music concerts. Through this work, they have supported artists in showcasing their talents and bringing the joy of music to audiences. Additionally, the foundation provides related grants, further fostering the growth and development of the performing arts community. Overall, Muzik 3 Foundation Inc's dedication to supporting the arts has a positive impact on artists, audiences, and the cultural landscape.
This information is meant to be a general summary of Muzik 3 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: $343
- Gross Receipts: $50,343
Assets and Liabilities:
- Total Assets: $1,886,084
- Total Liabilities: $0
- Net Assets: $1,886,084
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Organization Details
Founding Year
2000
Phone
(858) 458-0677Principal Officer
Sylvia Fan
Main Address
7813 ESTEREL DRIVE, LA JOLLA, CA, 92037
NTEE Category
Code: A60 - Arts
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