Overview
What is Croswell Opera House & Fine Arts Association?
The Croswell Opera House & Fine Arts Association, situated at 129 E Maumee Street, Adrian, MI 49221, is a dedicated nonprofit organization. Its primary mission is twofold: to foster and sustain the arts and to safeguard the historical significance of its iconic building. The association strives to achieve this by actively promoting various artistic endeavors and preserving the heritage of its historic venue. With a workforce of 28 individuals, the Croswell Opera House & Fine Arts Association serves as a vital cultural hub within the community, contributing to the region's artistic landscape.
Official website here: www.croswell.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. Overall Score: 71%. The Croswell Opera House & Fine Arts Association has received a two-star rating, indicating that while there are strengths, significant areas for improvement are necessary. Their accountability and finance score stands at 71%, reflecting some sound practices but also notable deficiencies.
The organization has achieved commendable scores in several areas, including having a fully independent board and a strong audit and oversight committee. They have no reported material diversion of assets and demonstrate good financial health with a low liabilities to assets ratio of 8.32%. However, the lack of a conflict of interest policy and a whistleblower policy raises concerns about governance practices.
Additionally, the organization's program expense ratio is relatively low at 56.57%, suggesting that a smaller portion of their budget is directly allocated to programs. This may indicate a need for better financial management to enhance their impact. The absence of their tax form on the website further complicates transparency efforts. Overall, while there are positive aspects to the Croswell Opera House & Fine Arts Association, there are critical areas requiring attention to bolster their accountability and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Croswell Opera House & Fine Arts Association legitimate?
Croswell Opera House & Fine Arts Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Croswell Opera House & Fine Arts Association 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: $100,769
Professional Fundraising Fees: $0
Other Salaries and Wages: $502,348
For more financial information, click here
Official website here: www.croswell.org
What is the mission statement of Croswell Opera House & Fine Arts Association?
The Croswell Opera House & Fine Arts Association is dedicated to preserving the legacy of its historic building while advocating for and sustaining the arts. Their mission is multifaceted, encompassing both the preservation of cultural heritage and the promotion of artistic expression. By doing so, they contribute to the enrichment of the arts community, fostering an environment where art can flourish and be appreciated.
Official website here: www.croswell.org
Who is the CEO of Croswell Opera House & Fine Arts Association?
Matt Hammond is the President of Croswell Opera House & Fine Arts Association.
Official website here: www.croswell.org
What is the revenue of Croswell Opera House & Fine Arts Association?
Croswell Opera House & Fine Arts Association's revenue in 2022 was $1,849,985.
Official website here: www.croswell.org
Who are the executives of Croswell Opera House & Fine Arts Association and what are their salaries?
The average compensation at Croswell Opera House & Fine Arts Association during 2022 was $21,540. There are 28 employees and 465 volunteers at Croswell Opera House & Fine Arts Association.
Here are 18 key members and their salaries:
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- Other: $14,244
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Official website here: www.croswell.org
Where can I find the form 990 for Croswell Opera House & Fine Arts Association?
Croswell Opera House & Fine Arts Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.croswell.org
Learn more at the official website: www.croswell.org
Mission Statement of Croswell Opera House & Fine Arts Association
Croswell Opera House & Fine Arts Association is committed to two primary objectives: promoting and perpetuating the arts, and preserving the heritage of its historic building. This mission is at the heart of the organization's operations, guiding its efforts to contribute to the cultural landscape and uphold its historical significance. By promoting the arts, Croswell Opera House & Fine Arts Association aims to enrich the communal experience, fostering creativity and appreciation for various artistic expressions. Concurrently, the preservation of its historic building is a testament to the organization's dedication to maintaining a tangible connection to the past, ensuring that future generations can continue to appreciate and learn from its history.
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Impact
July, 2024
The Croswell Opera House & Fine Arts Association's impact can be seen in its dedication to promoting and perpetuating the arts, as well as preserving the heritage of its historic building. Through a range of artistic and cultural activities, the organization enriches the community in Adrian, Michigan, and beyond. By providing a platform for artistic expression and engagement, the Croswell Opera House plays a vital role in fostering creativity, cultural appreciation, and community spirit. Its commitment to the arts contributes to the overall vibrancy and cultural richness of the region.
This information is meant to be a general summary of Croswell Opera House & Fine Arts Association. 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: $55,157
- Program Service Revenue: $838,464
- Gross Receipts: $1,968,829
Assets and Liabilities:
- Total Assets: $8,387,861
- Total Liabilities: $697,908
- Net Assets: $7,689,953
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSION AND FEES
Revenue
$804,607
ADVERTISING INCOME
Revenue
$18,205
RENTAL INCOME
Revenue
$9,402
TUITION INCOME
Revenue
$6,250
Organization Details
Founding Year
1967
Phone
(517) 263-6868Principal Officer
Matt Hammond
Main Address
129 E MAUMEE ST, ADRIAN, MI, 49221
Website
www.croswell.orgNTEE Category
Code: A650 - Arts
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