Overview
What is Ashtabula Arts Center Fnd Endw?
Ashtabula Arts Center Fnd Endw is a charitable organization established on April 24, 1974, with a primary mission to support the educational and cultural activities of the Ashtabula Arts Center. KeyBank serves as the trustee, distributing funds to the center to uphold its mission. The organization's board of supervisors, representing the arts center, holds legal powers to amend the trust document, appoint co-trustees or committee members, and withdraw trust principal as needed. The fund's responsiveness to the arts center's needs and activities ensures the continuation of its educational and cultural endeavors, contributing to the overall growth and development of the arts center in Brooklyn, Ohio.
Is Ashtabula Arts Center Fnd Endw legitimate?
Ashtabula Arts Center Fnd Endw is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ashtabula Arts Center Fnd Endw 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: $17,282
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Ashtabula Arts Center Fnd Endw?
The Ashtabula Arts Center Foundation Endowment, established in 1974, has a mission to support the educational and cultural activities of the Ashtabula Arts Center. KeyBank, serving as the trustee, distributes the funds for this purpose. The fund's primary objective is to align with the Arts Center's mission, demonstrating responsiveness to its needs and activities. The Board of Supervisors, representing the Arts Center, holds legal powers to modify the trust, appoint co-trustees or committee members, and withdraw the trust principal if necessary.
Who is the CEO of Ashtabula Arts Center Fnd Endw?
Unavailable
What is the revenue of Ashtabula Arts Center Fnd Endw?
Ashtabula Arts Center Fnd Endw's revenue in 2022 was $125,349.
Who are the executives of Ashtabula Arts Center Fnd Endw and what are their salaries?
There is 1 key member and their salary:
- Compensation: $17,282
- Related: $0
- Other: $0
Where can I find the form 990 for Ashtabula Arts Center Fnd Endw?
Ashtabula Arts Center Fnd Endw's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ashtabula Arts Center Fnd Endw
The Ashtabula Arts Center Fnd Endw was established on April 24, 1974, with a mission to support the educational and cultural activities of the Ashtabula Arts Center. KeyBank, serving as the trustee, distributes funds in accordance with this objective. The responsiveness of KeyBank is crucial in catering to the evolving needs and activities of the arts center, ensuring the fulfillment of its mission. The board of supervisors, representing the arts center, holds the legal power to remove KeyBank as trustee, amend the trust document, appoint co-trustees or committee members, and withdraw trust principal if necessary. This structure allows the Ashtabula Arts Center Fnd Endw to adapt and grow, continually supporting the educational and cultural pursuits of the Ashtabula Arts Center.
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Impact
October, 2024
The Ashtabula Arts Center Fund Endowment plays a significant role in enhancing the cultural landscape and educational opportunities within the community. Established in 1974, this fund provides essential financial support that enables the Arts Center to offer a diverse range of educational and cultural programming.
Through the distributions managed by KeyBank, the fund supports various activities that foster artistic engagement and creativity among community members. This includes workshops, art classes, performances, and exhibitions that not only enrich the community's cultural fabric but also promote local artists and performers.
Additionally, the responsiveness of KeyBank as trustee ensures that the funds are used in alignment with the evolving needs and goals of the Arts Center, thereby enhancing its effectiveness in fulfilling its mission. The governance structure, with oversight by the Board of Supervisors, allows for ongoing adjustments to the fund's operations, ensuring its long-term viability and impact.
Overall, this endowment serves as a vital resource for the Ashtabula Arts Center, empowering it to cultivate a robust arts environment that benefits individuals and the community as a whole.
This information is meant to be a general summary of Ashtabula Arts Center Fnd Endw. 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: $115,349
- Gross Receipts: $292,259
Assets and Liabilities:
- Total Assets: $1,563,293
- Total Liabilities: $0
- Net Assets: $1,563,293
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Organization Details
Founding Year
1974
Phone
(440) 995-2108Main Address
4900 TIEDEMAN ROAD OH-01-49-0381, BROOKLYN, OH, 44144
NTEE Category
Code: A20 - Arts
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