Overview
What is Nuvo Cultural Foundation Inc?
Nuvo Cultural Foundation Inc, based in Indianapolis, Indiana, is a dedicated nonprofit organization. Its primary mission is to foster and encourage cultural activities and the arts within Indiana. The foundation works tirelessly to support various artistic endeavors, ensuring a rich cultural landscape for the state's residents. Although the information provided does not specify the extent of their activities, it is clear that Nuvo Cultural Foundation Inc plays a significant role in promoting and nurturing the artistic community in Indiana.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%, Two-Star out of Four Star rating
Nuvo Cultural Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of trustworthiness. The overall score is based entirely on the Accountability & Finance beacon, highlighting the importance of financial practices in evaluating the organization. A score of 63% suggests room for improvement, particularly in areas beyond financial accountability.
The foundation demonstrates several strengths in its governance and financial integrity. It has a fully independent board, achieving a perfect score in this category, and reports no material diversion of assets. Additionally, the organization maintains excellent financial health with a 0.00% liabilities to assets ratio and a 100% program expense ratio, indicating that all expenses are directed towards its programmatic activities.
However, while the foundation excels in accountability, the overall score suggests that there may be other areas of concern not captured by the current metrics. Potential donors should consider looking into additional information on the foundation's programs and impact to gain a comprehensive understanding of its effectiveness and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Nuvo Cultural Foundation Inc legitimate?
Nuvo Cultural Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nuvo Cultural 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
For more financial information, click here
What is the mission statement of Nuvo Cultural Foundation Inc?
The Nuvo Cultural Foundation Inc is dedicated to promoting and advocating for cultural activities and the arts within Indiana. Their mission is to foster a vibrant cultural scene, providing support and encouragement to artists and creative endeavors across various disciplines. By engaging in these activities, the foundation aims to enrich the community and contribute to a more culturally diverse and enlightened society. They may organize events, provide funding, or offer resources to artists and organizations that align with their mission. The foundation's ultimate goal is to ensure that Indiana maintains a thriving artistic community and remains a hub for cultural expression.
Who is the CEO of Nuvo Cultural Foundation Inc?
Kevin Mckinney Kevin Mckinney Kevin is the President of Nuvo Cultural Foundation Inc.
What is the revenue of Nuvo Cultural Foundation Inc?
Nuvo Cultural Foundation Inc's revenue in 2022 was $30,703.
Who are the executives of Nuvo Cultural Foundation Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Nuvo Cultural Foundation Inc?
Nuvo Cultural Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nuvo Cultural Foundation Inc
Nuvo Cultural Foundation Inc is dedicated to fostering and advocating for cultural activities and the arts in Indiana. Their mission is to actively engage in promoting and supporting these artistic endeavors, aiming to enrich the cultural landscape of the state. By doing so, they contribute to a more vibrant and diverse community, encouraging appreciation for various artistic expressions and traditions.
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Impact
August, 2024
Nuvo Cultural Foundation Inc's impact is felt through its promotion and support of cultural activities and the arts in Indiana. By providing a platform for artistic expression and encouraging engagement with diverse cultural experiences, Nuvo Cultural Foundation Inc enriches the community and fosters creativity. Its mission to promote and support the arts in Indiana not only enhances the local cultural landscape but also contributes to the growth and vitality of the artistic community. Through its initiatives and programs, Nuvo Cultural Foundation Inc plays a vital role in cultivating a vibrant and inclusive arts scene in Indianapolis and beyond.
This information is meant to be a general summary of Nuvo Cultural 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.
- Program Service Revenue: $3,983
- Gross Receipts: $30,703
Assets and Liabilities:
- Total Assets: $48,820
- Total Liabilities: $0
- Net Assets: $48,820
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
READER REVENUE
Revenue
$3,983
Organization Details
Phone
(317) 808-4601Principal Officer
Kevin Mckinney Kevin Mckinney Kevin
Main Address
3951 N MERIDIAN ST STE 200, INDIANAPOLIS, IN, 46208
NTEE Category
Code: A20 - Arts
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