Overview
What is International Association Of Venue Managers Foundation?
The International Association of Venue Managers Foundation, based in Irving, Texas, is a nonprofit organization dedicated to uplifting the public assembly industry. Its primary goal is to raise funds for programs focusing on research, professional development, and education within this sector. By fulfilling this mission, the foundation aims to enhance the impact and vitality of the public assembly industry, ultimately contributing to its overall growth and success.
Official website here: www.iavm.org/foundation/foundation-home
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement) - Overall Score: 66%
The International Association Of Venue Managers Foundation has received a two-star rating from Charity Navigator, indicating areas needing improvement. While the organization boasts a high score for accountability and finance, with independent board composition and no material diversion of assets, it has significant weaknesses in transparency and governance practices.
Specifically, the foundation lacks essential policies such as conflict of interest and whistleblower protections, which are critical for ensuring ethical operations. Additionally, the absence of the nonprofit's tax form on its website raises concerns about transparency. The program expense ratio stands at 56.02%, suggesting room for improvement in program funding relative to total expenses.
Although the organization has demonstrated strength in certain areas, such as maintaining a low liabilities-to-assets ratio, the missing governance policies and transparency elements indicate that stakeholders may want to approach with caution. Improvements in these areas could enhance their overall operations and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is International Association Of Venue Managers Foundation legitimate?
International Association Of Venue Managers Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Association Of Venue Managers Foundation 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
Official website here: www.iavm.org/foundation/foundation-home
What is the mission statement of International Association Of Venue Managers Foundation?
The International Association of Venue Managers Foundation aims to enhance the positive impact and vitality of the public assembly industry. They accomplish this mission by funding research, education, and resource development. The organization's primary objective is to raise funds for programs focused on professional development and education within the public assembly industry. By supporting these initiatives, the foundation aims to contribute to the growth and advancement of the industry as a whole.
Official website here: www.iavm.org/foundation/foundation-home
Who is the CEO of International Association Of Venue Managers Foundation?
Brad Mayne is the President & Ceo of International Association Of Venue Managers Foundation. The CEO's salary of International Association Of Venue Managers Foundation is $0 and their total compensation is $259,696.
Official website here: www.iavm.org/foundation/foundation-home
What is the revenue of International Association Of Venue Managers Foundation?
International Association Of Venue Managers Foundation's revenue in 2023 was $158,850.
Official website here: www.iavm.org/foundation/foundation-home
Who are the executives of International Association Of Venue Managers Foundation and what are their salaries?
There 6 volunteers at International Association Of Venue Managers Foundation.
Here are 7 key members and their salaries (International Association Of Venue Managers Foundation's CEO's salary is $0 and their total compensation is $259,696):
- Compensation: $0
- Related: $259,696
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.iavm.org/foundation/foundation-home
Where can I find the form 990 for International Association Of Venue Managers Foundation?
International Association Of Venue Managers Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.iavm.org/foundation/foundation-home
Learn more at the official website: www.iavm.org/foundation/foundation-home
Mission Statement of International Association Of Venue Managers Foundation
The International Association of Venue Managers Foundation's mission is centered around enhancing the influence and vitality of the public assembly industry. To achieve this objective, the organization dedicates its resources to funding research, education, and resource development initiatives. By doing so, the International Association of Venue Managers Foundation aims to contribute positively to the public assembly industry, ultimately boosting its overall performance and impact. The organization's primary goal is to raise funds for programs that foster professional development and education within the industry.
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Impact
October, 2024
The International Association of Venue Managers Foundation plays a pivotal role in enhancing the public assembly industry by focusing on research, education, and resource development. By funding initiatives that support professional development, the foundation significantly contributes to the growth and sustainability of venues worldwide.
Their commitment to this mission fosters innovation and best practices, leading to improved operational standards in venues that host a multitude of events. This commitment to education ensures that industry professionals are equipped with the necessary skills and knowledge to adapt to changing environments and consumer demands.
Additionally, through grant-making and resource allocation, the foundation strengthens community engagement and development, ultimately enhancing the social and economic vitality of the regions in which these venues operate. By investing in the future of the public assembly industry, the International Association of Venue Managers Foundation helps create positive, enduring impacts on communities and the economy at large.
This information is meant to be a general summary of International Association Of Venue Managers Foundation. 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 2023.
- Investment Income: $126
- Gross Receipts: $158,850
Assets and Liabilities:
- Total Assets: $116,721
- Total Liabilities: $0
- Net Assets: $116,721
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Organization Details
Founding Year
1989
Phone
(972) 906-7441Principal Officer
Brad Mayne
Main Address
5601 EXECUTIVE DRIVE 450, IRVING, TX, 75038
NTEE Category
Code: S41 - Community improvement
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