Overview
What is Premier Arts Inc?
Premier Arts Inc, situated in Elkhart, Indiana, is a dedicated nonprofit organization that focuses on promoting performing arts within the community. They specialize in producing a wide array of cultural performances, aiming to inspire creativity and develop the imaginative spirit among the local population. Their mission is centered around youth, families, and lifelong learning, with a particular emphasis on character building and civic pride. Premier Arts, as the resident theatre of the Lerner Performing Arts Center, boasts a professional team guided by a board of community leaders. The organization is supported by the region through attendance, contributions, and volunteerism, demonstrating its recognized role as a regional leader in providing diverse performing arts education and entertainment. With a workforce of 17 dedicated individuals, Premier Arts continues to enrich the community with its artistic offerings.
Official website here: www.premierarts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, Two-Star out of Four Star rating.
Premier Arts Inc has received a 69% score on Charity Navigator, which translates to a Two-Star rating. The organization demonstrates strong accountability and financial practices in several areas, such as having a majority of independent board members and maintaining a low liabilities-to-assets ratio. Additionally, it excels in efficiently allocating funds toward its programs, with a program expense ratio of 81.81%.
However, the organization has notable limitations. It lacks key policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are essential for transparency and ethical governance. Furthermore, the organization has not posted its tax form on its website, which could limit public access to important financial information. These areas for improvement indicate that while Premier Arts Inc is performing well in several aspects, there are critical governance issues that need to be addressed to enhance overall accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Premier Arts Inc legitimate?
Premier Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Premier Arts 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: $68,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $218,003
For more financial information, click here
Official website here: www.premierarts.org
What is the mission statement of Premier Arts Inc?
Premier Arts Inc, as a recognized regional leader, is committed to providing diverse professional performing arts education and entertainment. Their mission extends beyond just entertainment, instilling civic pride, confidence, and character-building in everyone involved with their activities. Premier Arts inspires the imagination and fosters the creative spirit of the community, particularly focusing on youth, families, and lifelong learning. The community supports Premier Arts through attendance, contributions, and volunteering. Overall, Premier Arts Inc is dedicated to enriching the community through various cultural performances and performing arts activities.
Official website here: www.premierarts.org
Who is the CEO of Premier Arts Inc?
Craig Gibson is the Director of Premier Arts Inc.
Official website here: www.premierarts.org
What is the revenue of Premier Arts Inc?
Premier Arts Inc's revenue in 2021 was $816,299.
Official website here: www.premierarts.org
Who are the executives of Premier Arts Inc and what are their salaries?
The average compensation at Premier Arts Inc during 2021 was $16,824. There are 17 employees and 2500 volunteers at Premier Arts Inc.
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- Compensation: $68,000
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Official website here: www.premierarts.org
Where can I find the form 990 for Premier Arts Inc?
Premier Arts Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.premierarts.org
Learn more at the official website: www.premierarts.org
Mission Statement of Premier Arts Inc
Premier Arts, a recognized regional leader, is dedicated to fostering creativity and imagination within the community, primarily focusing on youth, families, and lifelong learning. Their mission is twofold: firstly, they provide diverse professional performing arts education, instilling civic pride, confidence, and character-building in everyone engaged with their programs. Secondly, they offer a variety of cultural performances, ensuring that the region supports their artistic endeavors through attendance, contributions, and volunteerism. By doing so, Premier Arts encourages community engagement and personal development through the medium of the performing arts.
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Impact
October, 2024
Premier Arts Inc inspires the imagination and cultivates the creative spirit of the Elkhart community, focusing on youth, families, and lifelong learners. As the resident theatre of the Lerner Performing Arts Center, it serves as a cultural cornerstone, delivering a diverse range of professional performing arts education and entertainment. The organization fosters civic pride and helps individuals build confidence and character through engagement in the arts.
The impact of Premier Arts extends beyond performances; it actively involves community leaders and professionals who work together to enhance the cultural landscape. By promoting accessibility to the performing arts and encouraging participation, Premier Arts nurtures an environment where creativity flourishes. The strong support from the community—demonstrated through attendance, contributions, and volunteerism—underscored its vital role in not only enriching lives but also in weaving the fabric of community connection and pride.
This information is meant to be a general summary of Premier Arts 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 2021.
- Investment Income: -$7,016
- Program Service Revenue: $348,304
- Gross Receipts: $855,625
Assets and Liabilities:
- Total Assets: $426,893
- Total Liabilities: $0
- Net Assets: $426,893
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$237,426
AMBASSADOR INCOME
Revenue
$36,529
PREMIER ARTS CAMPS
Revenue
$34,589
PATA INDIVIDUAL LESSON
Revenue
$29,520
PRODUCTION FEES
Revenue
$10,240
Organization Details
Founding Year
1990
Phone
(574) 293-4469Principal Officer
Craig Gibson
Main Address
410 SOUTH MAIN ST, ELKHART, IN, 46516
Website
www.premierarts.orgNTEE Category
Code: A610 - Arts
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