Overview
What is Riverside Arts Center Foundation Inc?
Riverside Arts Center Foundation Inc, located at 76 N Huron St, Ypsilanti, MI 48197, is a vibrant cultural arts venue serving the community of Ypsilanti. This nonprofit organization offers a variety of spaces, including performance, exhibit, studio, and reception areas, enabling artists and art cultural organizations to showcase their talents and enrich the community through artistic and cultural experiences. The center hosts a diverse range of activities such as theatrical plays, musicals, visual art displays, dance performances, artist studios, and receptions, attracting approximately 6,000 participants annually. In addition, the foundation offers engaging arts-related programs, including camps and classes for both youth and adults, fostering creativity and artistic growth within the community. Employing a team of seven dedicated individuals, Riverside Arts Center Foundation Inc continues to contribute to the enrichment of Ypsilanti's cultural landscape.
Official website here: www.riversidearts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (67%, Two-Star out of Four Star rating)
The Riverside Arts Center Foundation Inc has received a Two-Star rating from Charity Navigator, indicating that there is significant room for improvement, particularly in its accountability and financial practices. While the organization boasts a fully independent board of directors, which enhances governance, it falls short in transparency, receiving a zero for not providing financial statements. The low score in this area raises concerns about the organization's financial management practices.
The foundation does show some positive financial indicators, such as a low liabilities to assets ratio of 2.33%, suggesting good financial health in terms of debt management. Additionally, its program expense ratio of 65.48% indicates that a substantial portion of its expenses is dedicated to its programs, which is a positive sign of its commitment to its mission. However, the absence of key policies, such as conflict of interest and whistleblower protections, highlights potential governance weaknesses that need addressing.
In summary, while the Riverside Arts Center Foundation demonstrates strong governance through its independent board and a commitment to its programs, the lack of essential financial documentation and policies significantly undermines its accountability. Improvements in these areas could enhance its overall rating and effectiveness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Riverside Arts Center Foundation Inc?
82% of 278 reviewers on Facebook recommend Riverside Arts Center Foundation Inc. Here is a summary of their reviews:
Many patrons express a deep appreciation for the center's contribution to the local arts scene. Users frequently highlight the quality of art shows and performances, noting that these events enrich the community and provide engaging cultural experiences. The foundation appears to foster a strong connection with residents, which adds to its positive reputation.
Overall, the sentiment leans towards satisfaction, with supporters recognizing the value the foundation brings through its dedication to the arts and community involvement. People appreciate the opportunities to experience and participate in diverse artistic endeavors.
This AI summary has been generated from reviews found on Facebook.
Is Riverside Arts Center Foundation Inc legitimate?
Riverside Arts Center Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverside Arts Center 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: $98,487
For more financial information, click here
Official website here: www.riversidearts.org
What is the mission statement of Riverside Arts Center Foundation Inc?
The Riverside Arts Center Foundation Inc serves as a multi-purpose cultural arts venue, providing performance, exhibit, studio, and reception space for artists and art cultural organizations. Its primary goal is to enrich the community of Ypsilanti through various arts and cultural experiences. Besides offering rental space, the organization conducts arts-related programs such as art and theater camps and classes for both youth and adults, aiming to foster creativity and artistic growth within the community.
Official website here: www.riversidearts.org
Who is the CEO of Riverside Arts Center Foundation Inc?
Donald Loppnow is the Executive Di of Riverside Arts Center Foundation Inc.
Official website here: www.riversidearts.org
What is the revenue of Riverside Arts Center Foundation Inc?
Riverside Arts Center Foundation Inc's revenue in 2022 was $778,319.
Official website here: www.riversidearts.org
Who are the executives of Riverside Arts Center Foundation Inc and what are their salaries?
The average compensation at Riverside Arts Center Foundation Inc during 2022 was $14,070. There are 7 employees and 5 volunteers at Riverside Arts Center Foundation Inc.
Here are 17 key members and their salaries:
- Compensation: $24,256
- Related: $0
- Other: $0
- Compensation: $18,750
- 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
- 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
- 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.riversidearts.org
Where can I find the form 990 for Riverside Arts Center Foundation Inc?
Riverside Arts Center Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.riversidearts.org
Learn more at the official website: www.riversidearts.org
Mission Statement of Riverside Arts Center Foundation Inc
Riverside Arts Center Foundation Inc, as a multi-purpose cultural arts venue, is committed to enriching its community through the arts and cultural experiences. The organization provides performance, exhibit, studio, and reception spaces for artists and art cultural organizations. By doing so, it aims to serve as a platform for artists to showcase their work and engage with the community. Additionally, Riverside Arts Center Foundation Inc offers arts-related programs such as art and theater camps and classes for both youth and adults. These programs serve to foster creativity and artistic development among community members. By offering a diverse range of artistic experiences, Riverside Arts Center Foundation Inc seeks to contribute to the cultural richness of its community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Riverside Arts Center Foundation Inc has a significant impact on the Ypsilanti community by enriching it through diverse arts and cultural experiences. The organization serves as a multi-purpose cultural arts venue that provides performance, exhibit, studio, and reception space for artists and art cultural organizations. It hosts various activities including theatrical plays, musicals, visual art displays, dance performances, artist studios, receptions, and other art-related events, attracting approximately 6,000 participants.
Moreover, Riverside Arts Center Foundation Inc offers arts-related programs such as art and theater camps and classes for both youth and adults. By providing a platform for artistic expression and creativity, the organization plays a vital role in fostering a vibrant arts community in Ypsilanti. Through its efforts, it contributes to the cultural enrichment and educational development of individuals of all ages in the area.
This information is meant to be a general summary of Riverside Arts Center 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.
- Investment Income: $603
- Program Service Revenue: $61,846
- Gross Receipts: $778,319
Assets and Liabilities:
- Total Assets: $1,000,863
- Total Liabilities: $23,419
- Net Assets: $977,444
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THEATER RENTAL
Revenue
$22,548
SUMMER CAMP REVENUE
Revenue
$12,469
DANCE STUDIO RENTAL
Revenue
$12,166
ARTIST STUDIO RENTAL
Revenue
$7,290
PARKING LOT RENTAL
Revenue
$5,525
Organization Details
Founding Year
1994
Phone
(734) 480-2787Principal Officer
Donald Loppnow
Main Address
76 N HURON ST, YPSILANTI, MI, 48197
Website
www.riversidearts.orgNTEE Category
Code: A600 - Arts
If you are a representative of Riverside Arts Center Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.