Oil Painters Of America

Charity Navigator Rating: 67% (Two-Star out of Four Star rating)

Oil Painters of America has received a Two-Star rating from Charity Navigator, reflecting a moderate level of accountability and financial health. The organization has demonstrated strong governance practices, with 100% of its board members being independent and the size of the independent board meeting the required criteria. Additionally, the financial statements are audited, indicating transparency in financial reporting.

The organization shows a solid program expense ratio of 81.53%, which suggests that a significant portion of its resources is directed toward its mission-related activities. This is a positive indicator of its commitment to funding programs that align with its goals. However, the liabilities to assets ratio is concerning at 82.73%, highlighting potential financial vulnerabilities that may impact its long-term sustainability.

Overall, while Oil Painters of America exhibits strengths in governance and program funding, the high liabilities to assets ratio suggests the need for improved financial management to enhance its overall stability and effectiveness in fulfilling its mission.

This AI summary has been generated from information found on Charity Navigator.

Oil Painters Of America is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oil Painters Of America 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: $8,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $137,857

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