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Flint Institute Of Music Irr Tr

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 386674101 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

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Overview

What is Flint Institute Of Music Irr Tr?

The Flint Institute of Music Irr Tr is a nonprofit organization based in Pittsburgh, Pennsylvania. Its primary focus is a self-settled endowment dedicated to supporting the School of Performing Arts, an essential component of the organization itself. This endowment annually distributes its net income to finance this program, which plays a vital role in the institution. The Flint Institute of Music Irr Tr's mission is to contribute to the School of Performing Arts, thereby enriching the cultural landscape and artistic development within its community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, 64%

The Flint Institute of Music Irr Tr has received a two-star rating from Charity Navigator, indicating that it needs improvement in several areas of accountability and finance. With an overall score of 64%, it shows strong commitment to its programs, particularly with a program expense ratio of 93.24%, which means a significant portion of its budget is directed towards mission-related activities. However, the organization lacks independent board members, which raises concerns about governance.

Some strengths include the absence of material diversion of assets, demonstrating sound financial management, and the existence of a conflict of interest policy, which is crucial for organizational integrity. On the downside, significant weaknesses include missing documentation such as board meeting minutes and tax forms on their website, as well as the absence of a whistleblower policy, which is vital for transparency and accountability.

In summary, while the Flint Institute of Music Irr Tr shows a genuine focus on its programs, the lack of independent oversight and missing essential documentation may hinder its reputation and effectiveness. The organization should prioritize improving its governance and transparency to enhance trust among stakeholders.


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

Is Flint Institute Of Music Irr Tr legitimate?

Flint Institute Of Music Irr Tr is a legitimate nonprofit organization registered as a 501(c)(3) entity. Flint Institute Of Music Irr Tr 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: $52,058
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Flint Institute Of Music Irr Tr?

The Flint Institute of Music Irr Tr is governed by a self-settled endowment, with the annual distribution of its net income dedicated to supporting the School of Performing Arts. This integral program serves as the primary focus of the sponsor's activities. The mission of the Flint Institute of Music Irr Tr is to channel its resources towards enhancing and sustaining the School of Performing Arts, contributing to its growth and success. By doing so, the organization aims to contribute to the overall development and enrichment of the performing arts sector.

Who is the CEO of Flint Institute Of Music Irr Tr?

Unavailable

What is the revenue of Flint Institute Of Music Irr Tr?

Flint Institute Of Music Irr Tr's revenue in 2022 was -$118,459.

Who are the executives of Flint Institute Of Music Irr Tr and what are their salaries?


There is 1 key member and their salary:


Pnc Bank Na (Trustee)
  • Compensation: $52,058
  • Related: $0
  • Other: $0
Where can I find the form 990 for Flint Institute Of Music Irr Tr?

Flint Institute Of Music Irr Tr's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Flint Institute Of Music Irr Tr

The Flint Institute of Music Irr Tr is centered around a self-settled endowment, which annually distributes its net income to support the School of Performing Arts. This integral program is an essential component of the sponsor, playing a significant role in its operations. The primary objective of this nonprofit organization is to utilize these funds to nurture and foster the growth of the School of Performing Arts, thereby contributing to the overall development of the arts sector.

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Impact




October, 2024

The Flint Institute of Music Irr Tr significantly contributes to the cultural landscape by providing essential funding for the School of Performing Arts. This self-settled endowment allows for the annual distribution of net income, ensuring that students in the performing arts have access to quality education and resources. By supporting this program, the Institute fosters artistic talent, enhances community engagement, and enriches the local arts scene. The impact is evident in the development of skilled performers and the promotion of the arts as a vital component of community life in Pittsburgh.




This information is meant to be a general summary of Flint Institute Of Music Irr Tr. 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.

Revenue
-$118,459 (2022)
Expenses
$520,188 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$118,459
  • Gross Receipts: $3,833,621

Assets and Liabilities:

  • Total Assets: $9,040,681
  • Total Liabilities: $0
  • Net Assets: $9,040,681

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Organization Details

Founding Year

2011

Main Address

116 ALLEGHENY CENTER MALL P8YB3502L, PITTSBURGH, PA, 15212

NTEE Category

Code: T90Z - Philanthropy

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