St Marys Cultural Center

Charity Navigator Rating: 30%

St Marys Cultural Center has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its overall accountability and financial practices. The organization scores particularly well in governance, with a fully independent board, but falls short in critical areas such as financial reporting and transparency. The lack of financial statements and missing policies raises red flags about the charity's operational integrity.

Despite having no reported material diversion of assets, the center's liabilities substantially exceed its assets, reflecting a potentially precarious financial situation. The Program Expense Ratio suggests that only a little over half of the expenses are directed toward its charitable programs, which could imply inefficiencies in fund utilization.

Moreover, the absence of essential documents like the tax form on its website and missing policies for conflict of interest and whistleblower protection further contribute to its low score. This indicates a need for significant improvement in both accountability measures and financial management to gain the trust of donors and the community.

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

St Marys Cultural Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Marys Cultural Center 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: $10,004

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