Overview
What is Blissfest Music Organization?
Blissfest Music Organization is a nonprofit based in Petoskey, Michigan, with a focus on preserving and promoting folk and traditional music, dance, and crafts from various cultures. This community-focused organization aims to support creators and innovators in these art forms and encourages community participation through educational opportunities. While the annual Blissfest Folk and Roots Music Festival was not held in 2021, the organization continues its mission, providing resources and performance opportunities for artists in this genre. With a dedicated team of seven employees, Blissfest Music Organization enriches the community by celebrating diverse musical traditions.
Official website here: www.blissfest.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
Blissfest Music Organization has received a two-star rating from Charity Navigator, indicating that while it shows strength in certain accountability and financial areas, there are significant concerns that need addressing. The organization boasts a perfect score of 100% in Accountability & Finance, with all board members being independent and a commendable liability to assets ratio of 11.77%. The program expense ratio is also strong at 73.50%, suggesting that a substantial portion of funds is directed toward its mission-related activities.
However, the organization has notable weaknesses that contribute to its overall rating. Key policies such as the whistleblower policy and document retention and destruction policy are missing, which raises concerns about the governance practices in place. Additionally, Blissfest Music Organization has not posted its financial statements or tax forms on its website, which limits transparency and may affect donor confidence.
To improve its standing, the organization should focus on enhancing its transparency by posting required documents and implementing necessary policies. Addressing these limitations could bolster its reputation and help secure further support for its initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Blissfest Music Organization legitimate?
Blissfest Music Organization is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blissfest Music Organization 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: $178,321
For more financial information, click here
Official website here: www.blissfest.org
What is the mission statement of Blissfest Music Organization?
The Blissfest Music Organization's mission is centered around preserving and promoting folk and traditional music, dance, and crafts, not just from America, but from various cultures worldwide. The organization supports innovators and creators of these arts, offering opportunities and resources to educate and encourage community participation. Their activities aim to foster an environment where these artistic expressions can thrive and be shared, contributing to cultural enrichment and educational opportunities for the community. The organization also provides performance opportunities for folk and roots music artists. However, no festival was held in 2021.
Official website here: www.blissfest.org
What is the revenue of Blissfest Music Organization?
Blissfest Music Organization's revenue in 2023 was $1,274,768.
Official website here: www.blissfest.org
Who are the executives of Blissfest Music Organization and what are their salaries?
The average compensation at Blissfest Music Organization during 2023 was $35,664. There are 5 employees and 903 volunteers at Blissfest Music Organization.
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Official website here: www.blissfest.org
Where can I find the form 990 for Blissfest Music Organization?
Blissfest Music Organization's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.blissfest.org
Learn more at the official website: www.blissfest.org
Mission Statement of Blissfest Music Organization
Blissfest Music Organization is committed to preserving and promoting folk and traditional music, dance, and crafts from various cultures, including those from America. Their mission extends beyond just preservation; they also aim to support creators and innovators in these artistic fields. Blissfest provides opportunities and resources that encourage community participation, educating individuals about these diverse artistic expressions.
In essence, Blissfest Music Organization serves as a platform for artistic expression and cultural exchange. By supporting artists and innovators, they help in the continued development and evolution of folk and traditional music, dance, and crafts. Furthermore, by offering educational opportunities and encouraging community participation, they foster a deeper appreciation and understanding of these art forms.
The organization's annual folk and roots music festival plays a significant role in achieving its mission. This event offers cultural enrichment and educational opportunities for the community, providing a platform for folk and roots music artists to showcase their talents. However, in 2021, the festival was not held. Despite the absence of the festival, Blissfest Music Organization continues to uphold its mission by seeking other means to preserve, promote, and support folk and traditional arts.
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Impact
July, 2024
Blissfest Music Organization has a significant impact on the preservation and promotion of folk and traditional music, dance, and crafts from America and all cultures. Through its mission, the organization supports creators and innovators in these arts while providing opportunities and resources that educate and encourage community participation. The Blissfest annual folk and roots music festival, which has provided cultural enrichment and educational opportunities for the community, has also been a platform for folk and roots music artists to showcase their talents. Overall, Blissfest Music Organization plays a crucial role in fostering appreciation for diverse cultural expressions and supporting the continuation of folk and traditional arts.
This information is meant to be a general summary of Blissfest Music Organization. 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: $15,076
- Program Service Revenue: $1,051,407
- Gross Receipts: $1,344,501
Assets and Liabilities:
- Total Assets: $1,592,670
- Total Liabilities: $187,584
- Net Assets: $1,405,086
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BLISSFEST MUSIC FESTIVAL
Revenue
$1,051,407
Organization Details
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