Milwaukee Artist Resource Network

Charity Navigator Rating: 33%, Zero-Star out of Four Star Rating

The Milwaukee Artist Resource Network has received a low rating of 33%, which reflects significant concerns in its accountability and finance practices. This score is entirely based on the Accountability & Finance beacon, indicating a lack of transparency and adherence to best practices in nonprofit governance. The organization has strong points, such as having a majority of independent board members and no material diversion of assets, but it falls short in several critical areas, including missing conflict of interest and whistleblower policies.

While the organization has demonstrated good governance through its independent board structure, it lacks essential policies that ensure accountability and transparency. The absence of a website listed on its tax form, along with missing documentation and policies, significantly impacts its overall score. Additionally, the low ratios for liabilities to assets and program expenses raise concerns about financial health and effective use of resources.

Overall, the Milwaukee Artist Resource Network needs to address these deficiencies to improve its rating and rebuild trust with stakeholders. Enhancing its financial practices and ensuring that important policies are in place will be crucial for the organization moving forward.

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

Milwaukee Artist Resource Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milwaukee Artist Resource Network 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: $72,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $243,024

For more financial information, click here