Overview
What is Little Italy Festival Town Inc?
Little Italy Festival Town Inc is a nonprofit organization situated in Clinton, Indiana. Its primary mission is to celebrate and preserve Italian culture and heritage through an annual festival during Labor Day weekend. The event aims to educate the community about Italian heritage while providing a festive atmosphere. Additionally, this organization is dedicated to fostering the development of affordable housing for low-income residents in the Clinton, Indiana area. To further promote Italian heritage, Little Italy Festival Town Inc awards a scholarship to the winner of their queen contest.
Official website here: www.thelittleitalyfestival.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
Little Italy Festival Town Inc has received an overall score of 83% from Charity Navigator, indicating a solid performance in accountability and finance. This rating is bolstered by the charity's 100% independent board members and a high program expense ratio of 95.69%, which reflects its commitment to direct program funding.
The organization excels in maintaining a transparent structure, evidenced by having no material diversion of assets and comprehensive documentation of board meeting minutes. However, the charity has noted deficiencies in its policies, specifically the absence of a whistleblower policy and a document retention and destruction policy, which could affect its overall governance practices.
While the organization demonstrates strong financial health and governance in many areas, addressing the missing policies could enhance its accountability and trust with stakeholders. Overall, Little Italy Festival Town Inc shows promise in its operations, but there is room for improvement in areas of transparency and policy establishment.
This AI summary has been generated from information found on Charity Navigator.
Is Little Italy Festival Town Inc legitimate?
Little Italy Festival Town Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Little Italy Festival Town Inc submitted a form 990EZ, 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.
Official website here: www.thelittleitalyfestival.org
What is the mission statement of Little Italy Festival Town Inc?
Little Italy Festival Town Inc's mission is centered around three main objectives. Firstly, it aims to educate, preserve, and promote Italian culture and heritage through an annual festival held over Labor Day weekend. Secondly, it strives to foster the development of affordable housing that benefits low-income residents in the community. Lastly, the organization awards a scholarship to the winner of its queen contest, with a focus on promoting education about Italian heritage.
Official website here: www.thelittleitalyfestival.org
Who is the CEO of Little Italy Festival Town Inc?
Adria Davis is the President of Little Italy Festival Town Inc.
Official website here: www.thelittleitalyfestival.org
What is the revenue of Little Italy Festival Town Inc?
Little Italy Festival Town Inc's revenue in 2022 was $25,217.
Official website here: www.thelittleitalyfestival.org
Who are the executives of Little Italy Festival Town Inc and what are their salaries?
Here are 4 key members and their salaries:
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Official website here: www.thelittleitalyfestival.org
Where can I find the form 990EZ for Little Italy Festival Town Inc?
Little Italy Festival Town Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.thelittleitalyfestival.org
Learn more at the official website: www.thelittleitalyfestival.org
Mission Statement of Little Italy Festival Town Inc
Little Italy Festival Town Inc, as a nonprofit organization, is dedicated to three primary objectives. The first is to celebrate and preserve Italian culture and heritage through an annual festival held during Labor Day weekend in an unspecified location. This event serves as a platform to showcase the rich traditions and history of Italian culture, providing an opportunity for people to connect and learn more about this heritage.
The second mission of Little Italy Festival Town Inc is to foster the development of affordable housing for low-income residents in the community. By investing in this cause, the organization aims to provide a decent living space for those who may otherwise struggle to afford it, thereby contributing to the overall well-being and stability of the community.
Lastly, Little Italy Festival Town Inc awards a scholarship to the winner of its Queen contest. This initiative is a testament to the organization's commitment to education, as it encourages and recognizes the achievements of individuals who embody the spirit of Italian heritage. By promoting education in this way, the nonprofit aims to inspire future generations to appreciate and uphold the values and traditions of Italian culture.
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Impact
August, 2024
Little Italy Festival Town Inc's impact can be seen in the education, preservation, and promotion of Italian culture and heritage in Clinton, Indiana. By organizing an annual festival each Labor Day weekend, the organization not only celebrates Italian traditions but also fosters a sense of community and cultural pride among residents. Additionally, their efforts in providing affordable housing for low-income residents contribute to the well-being and stability of the local community. Through initiatives such as awarding scholarships to the queen contest winner and promoting education on Italian heritage, Little Italy Festival Town Inc plays a vital role in enriching the cultural fabric of Clinton, Indiana.
This information is meant to be a general summary of Little Italy Festival Town 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: $45
- Gross Receipts: $93,902
Assets and Liabilities:
- Total Assets: $172,975
- Total Liabilities: $10,329
- Net Assets: $162,646
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Organization Details
Principal Officer
Adria Davis
Main Address
PO Box 6, Clinton, IN, 47842
NTEE Category
Code: A54 - Arts
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