Overview
What is Forward Performing Arts Inc?
Forward Performing Arts Inc, based in Madison, Wisconsin, serves as a nonprofit organization that sponsors outstanding musical and visual performing groups. Their primary objective is to offer a unique educational experience to young members aged 14 to 21, fostering character and social development, leadership, self-discipline, and the pursuit of excellence. They achieve this through various activities, including nearly 60 field performances, concerts, clinics, and exhibitions, reaching over half a million people while traveling over 12,000 miles across the United States. The organization employs a dedicated team of four individuals, ensuring their mission continues to positively impact the lives of young performers.
Official website here: www.madisonscouts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating)
Forward Performing Arts Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement with an overall score of 62%. The organization shows strengths in governance, with an independent board comprising 86% independent members and a transparent whistleblower policy. Additionally, it maintains a high program expense ratio of 79.17%, suggesting that a significant portion of its budget is dedicated to its programs.
However, the nonprofit faces notable challenges, particularly in financial transparency. It has not provided financial statements, which has contributed to a low accountability score. Furthermore, there are missing documents related to tax forms and the document retention policy, raising concerns about compliance and governance practices. The high liabilities to assets ratio of 70.45% also indicates financial risk that the organization needs to address.
Overall, while Forward Performing Arts Inc demonstrates commitment to its mission through program funding and strong governance, it must focus on enhancing financial transparency and compliance to improve its rating and build greater trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Forward Performing Arts Inc legitimate?
Forward Performing Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forward Performing Arts 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: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.madisonscouts.org
What is the mission statement of Forward Performing Arts Inc?
Forward Performing Arts Inc's mission is centered around offering programs for young individuals in the field of music and performance. This mission is carried out in a positive environment that emphasizes character development, social growth, leadership, self-discipline, and the pursuit of excellence. Through these programs, the organization aims to provide a unique educational experience to its members, aged 14 to 21, by sponsoring various musical and visual performing groups. The organization has been successful in reaching a large audience, performing before half a million people and traveling over 12,000 miles across the United States. The primary objective of Forward Performing Arts Inc is to provide a nurturing environment that fosters personal growth and artistic development in its young members.
Official website here: www.madisonscouts.org
Who is the CEO of Forward Performing Arts Inc?
Christopher Komnick is the Excomm of Forward Performing Arts Inc. The CEO's salary of Forward Performing Arts Inc is $75,000 and their total compensation is $75,000.
Official website here: www.madisonscouts.org
What is the revenue of Forward Performing Arts Inc?
Forward Performing Arts Inc's revenue in 2022 was $1,562,807.
Official website here: www.madisonscouts.org
Who are the executives of Forward Performing Arts Inc and what are their salaries?
The average compensation at Forward Performing Arts Inc during 2022 was $18,750. There are 4 employees and 35 volunteers at Forward Performing Arts Inc.
Here are 15 key members and their salaries (Forward Performing Arts Inc's CEO's salary is $75,000 and their total compensation is $75,000):
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Official website here: www.madisonscouts.org
Where can I find the form 990 for Forward Performing Arts Inc?
Forward Performing Arts Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.madisonscouts.org
Learn more at the official website: www.madisonscouts.org
Mission Statement of Forward Performing Arts Inc
Forward Performing Arts Inc is dedicated to providing programs for youth in music and performance training, fostering a positive environment that emphasizes character and social development, leadership, self-discipline, and the pursuit of excellence. Through their mission, the organization sponsors outstanding musical and visual performing groups, offering a unique educational experience to young members from various parts of the world, aged between 14 and 21. These groups participate in numerous field performances, concerts, clinics, exhibitions, and other events, reaching over half a million people and covering more than 12,000 miles across the United States. The primary objective of Forward Performing Arts Inc is to provide youth with a nurturing environment that encourages personal growth, both in artistic skills and in essential life qualities.
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Impact
July, 2024
Forward Performing Arts Inc has a significant impact on youth by providing them with music and performance training in a positive environment that focuses on character development, leadership, self-discipline, and excellence. Through sponsoring exceptional musical and visual performing groups, the organization offers a unique educational experience to young members from around the world, aged 14 to 21. With nearly 60 field performances, concerts, clinics, and exhibitions before half a million people and traveling over 12,000 miles throughout the United States, Forward Performing Arts Inc plays a crucial role in nurturing the talents and skills of young individuals in the arts.
This information is meant to be a general summary of Forward Performing Arts 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: $10,263
- Program Service Revenue: $878,411
- Gross Receipts: $1,820,629
Assets and Liabilities:
- Total Assets: $1,560,733
- Total Liabilities: $1,099,668
- Net Assets: $461,065
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$754,794
APPEARANCE FEES
Revenue
$123,617
Organization Details
Founding Year
1970
Phone
(859) 803-3463Principal Officer
Christopher Komnick
Main Address
2935 S FISH HATCHERY ROAD 401, MADISON, WI, 53711
Website
www.madisonscouts.orgNTEE Category
Code: A6C0 - Arts
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