Overview
What is Wormfarm Institute Inc?
Wormfarm Institute Inc, located at 28 E Main Street, Reedsburg, Wisconsin, is a nonprofit organization dedicated to fostering a sustainable future for agriculture and arts. Their primary mission is to establish vital connections between people and the land, promoting these links between work, creative selves, and our place on Earth. This is crucial for a thriving community. As an active contributor to their local area, they organize the annual Fermation Fest, a ten-day event that attracts over 18,000 visitors, featuring classes, local business collaborations, and artistic performances. The festival benefits 46 local businesses, 5 service organizations, and involves numerous artists and performers. The Wormfarm Institute Inc employs a team of 5 individuals in their mission to strengthen the bond between people, the land, and their creative expression.
Official website here: www.wormfarminstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (60%, Two-Star out of Four Star rating)
Wormfarm Institute Inc has received a rating of 60% from Charity Navigator, indicating a need for improvement in its operations and accountability. While the organization has a fully independent board, which is a positive indicator of governance, it faces significant challenges in financial transparency as it has not made key financial statements available to the public.
The organization shows strength in certain areas such as having a low liabilities to assets ratio and a reasonable program expense ratio. However, the absence of a whistleblower policy and a document retention policy raises concerns about its administrative practices. Additionally, the lack of public access to tax forms further detracts from its overall accountability.
Overall, while Wormfarm Institute Inc demonstrates some strong governance elements, significant gaps in financial transparency and policy documentation suggest that potential donors and supporters may wish to approach with caution until improvements are made.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Wormfarm Institute Inc?
88% of the 12 reviewers on Facebook recommend Wormfarm Institute Inc. Here is a summary of their reviews:
Many individuals express their enthusiasm for the unique experiences offered by the organization, particularly highlighting the Fermentation Festival as a fantastic event that blends community, education, and creativity. Reviewers describe it as an enjoyable gathering for those passionate about food, art, and sustainability, creating a sense of belonging and fulfillment.
Overall, patrons appreciate the nonprofit's focus on promoting local produce and food traditions, indicating that it effectively brings together like-minded individuals in a celebratory and educational atmosphere. The positive sentiment suggests that Wormfarm Institute Inc. successfully delivers meaningful experiences that resonate with its supporters.
This AI summary has been generated from reviews found on Facebook.
Is Wormfarm Institute Inc legitimate?
Wormfarm Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wormfarm Institute 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: $69,166
Professional Fundraising Fees: $0
Other Salaries and Wages: $102,572
For more financial information, click here
Official website here: www.wormfarminstitute.org
What is the mission statement of Wormfarm Institute Inc?
Wormfarm Institute Inc's mission is centered around fostering a sustainable future for agriculture and the arts. This is achieved by establishing essential connections between people and the land. The institute generates, supports, and promotes these links, recognizing their importance in cultivating a thriving community. Their activities extend to their work, creative selves, and their role on Earth.
One of their key initiatives is the Fermentation Fest, an annual ten-day festival and country tour. This event aims to link agriculture and the arts, attracting over 18,000 attendees. It also benefits local businesses, involves service organizations, and features artists and performers. This festival is a testament to Wormfarm Institute Inc's commitment to their mission.
Official website here: www.wormfarminstitute.org
Who is the CEO of Wormfarm Institute Inc?
Sarah Lloyd is the President of Wormfarm Institute Inc.
Official website here: www.wormfarminstitute.org
What is the revenue of Wormfarm Institute Inc?
Wormfarm Institute Inc's revenue in 2022 was $525,829.
Official website here: www.wormfarminstitute.org
Who are the executives of Wormfarm Institute Inc and what are their salaries?
The average compensation at Wormfarm Institute Inc during 2022 was $34,348. There are 5 employees at Wormfarm Institute Inc.
Here are 6 key members and their salaries:
- Compensation: $70,000
- Related: $0
- Other: $0
- Compensation: $28,000
- 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.wormfarminstitute.org
Where can I find the form 990 for Wormfarm Institute Inc?
Wormfarm Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wormfarminstitute.org
Learn more at the official website: www.wormfarminstitute.org
Mission Statement of Wormfarm Institute Inc
Wormfarm Institute Inc strives for a sustainable future in agriculture and arts by fostering vital connections between people and the land. Their mission is to generate, support, and promote these links between our work, our creative selves, and our place on Earth, as these connections are crucial for the well-being of a thriving community. By focusing on these connections, Wormfarm Institute Inc aims to contribute to a sustainable future in agriculture and arts.
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Impact
July, 2024
Wormfarm Institute Inc's impact can be seen through their annual Fermentation Fest, a ten-day festival that connects agriculture and the arts. With over 18,000 attendees, 46 classes conducted, the involvement of over 40 local businesses, and the participation of artists and performers, Wormfarm Institute Inc is fostering vital links between people and the land. By generating, supporting, and promoting these connections, they are contributing to a sustainable future for agriculture and the arts in their community.
This information is meant to be a general summary of Wormfarm Institute 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.
- Program Service Revenue: $5,915
- Gross Receipts: $525,829
Assets and Liabilities:
- Total Assets: $227,992
- Total Liabilities: $33,697
- Net Assets: $194,295
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FERMINTATION FEST
Revenue
$735
TEST PLOTS
Revenue
$5,180
Organization Details
Founding Year
2009
Phone
(608) 524-8672Principal Officer
Sarah Lloyd
Main Address
28 E MAIN STREET, REEDSBURG, WI, 53959
Website
www.wormfarminstitute.orgNTEE Category
Code: A20 - Arts
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