Overview
What is Faribault Art Center Inc?
Faribault Art Center Inc, also known as the Paradise Center for the Arts, is a vibrant nonprofit organization situated at 321 Central Avenue, Faribault, Minnesota (55021). Their primary mission is to serve the community by offering a venue for local theatrical productions, allowing residents to participate in various performances. Additionally, they provide space for community groups to host shows and events, as well as for non-profit theater groups to stage their productions. Beyond theatrical productions, the center also hosts concerts, talent shows, and other art experiences, promoting a rich cultural scene in the community. The facility also offers art classes and engages in arts promotion through exhibits, festivals, and play productions, contributing to the overall artistic development of the community. With a team of 12 dedicated individuals, Faribault Art Center Inc plays a significant role in enriching the local artistic landscape.
Official website here: www.paradisecenterforthearts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The rating indicates that the Faribault Art Center Inc has a moderate level of accountability and financial health. It reflects the organization’s commitment to maintaining an independent board and responsible asset management, as evidenced by its high scores for independent board members and material diversion of assets.
The organization demonstrated a strong program expense ratio of 72.76%, indicating that a significant portion of its budget is allocated towards its programs rather than administrative costs. Additionally, it adheres to policies related to conflicts of interest and maintains proper documentation of board meeting minutes, which contributes positively to transparency and governance.
However, the organization faces shortcomings in areas such as lacking a whistleblower policy and documentation retention policy, which are important for comprehensive governance practices. These limitations could affect overall operational integrity and may raise concerns among potential donors regarding the thoroughness of its accountability measures.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Faribault Art Center Inc?
94% of 26 reviewers on Facebook recommend the Faribault Art Center. Here is a summary of their reviews:
The Art Center is praised as an enjoyable venue, with a variety of shows that captivate visitors. Reviewers appreciate the atmosphere and the engaging activities, highlighting it as a great place to have fun and explore the arts.
Overall, it seems that the nonprofit successfully delivers a positive experience to its patrons, fostering a vibrant community centered around artistry and cultural events.
This AI summary has been generated from reviews found on Facebook.
Is Faribault Art Center Inc legitimate?
Faribault Art Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faribault Art Center 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: $52,732
Professional Fundraising Fees: $0
Other Salaries and Wages: $121,018
For more financial information, click here
Official website here: www.paradisecenterforthearts.org
What is the mission statement of Faribault Art Center Inc?
The Faribault Art Center Inc serves as an accessible art facility for the public, offering a variety of classes and promoting arts through exhibits, festivals, play productions, and other programs. Its mission is centered around providing opportunities for community members to participate in local theatrical productions through community theater. The center also acts as a venue for community groups to host shows and events, as well as for non-profit theater groups to stage their productions. Additionally, it offers a platform for concerts, community talent shows, and other art experiences for the local community.
Official website here: www.paradisecenterforthearts.org
What is the revenue of Faribault Art Center Inc?
Faribault Art Center Inc's revenue in 2023 was $774,274.
Official website here: www.paradisecenterforthearts.org
Who are the executives of Faribault Art Center Inc and what are their salaries?
The average compensation at Faribault Art Center Inc during 2023 was $17,375. There are 10 employees and 150 volunteers at Faribault Art Center Inc.
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Official website here: www.paradisecenterforthearts.org
Where can I find the form 990 for Faribault Art Center Inc?
Faribault Art Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.paradisecenterforthearts.org
Learn more at the official website: www.paradisecenterforthearts.org
Mission Statement of Faribault Art Center Inc
Faribault Art Center Inc, as a public art facility, is committed to promoting the arts and making them accessible to all. It achieves this mission by offering classes, hosting exhibits, organizing festivals, and producing play productions, among other programs. The center serves as a platform for the community, allowing members to participate in local productions and providing a venue for community groups to showcase their own shows and events. Furthermore, Faribault Art Center Inc also provides a space for non-profit theater groups to stage their productions, as well as hosting concerts, talent shows, and other art experiences for the community to enjoy. In essence, Faribault Art Center Inc is dedicated to fostering a vibrant and inclusive arts scene, offering diverse opportunities for both artists and audiences alike.
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Impact
July, 2024
Faribault Art Center Inc's impact lies in its role as an accessible hub for artistic expression and community engagement. By providing a space for classes, exhibits, festivals, play productions, and various other programs, the center fosters creativity and cultural enrichment for residents of Faribault, MN. Through theatrical productions and events, the center offers opportunities for community members to participate in local productions, showcases performances by community groups, and provides a platform for non-profit theater groups to host their productions. Additionally, the center hosts concerts, talent shows, and other art experiences, contributing to the vibrant arts scene in the area and enriching the lives of those in the community.
This information is meant to be a general summary of Faribault Art Center 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 2023.
- Investment Income: $399
- Program Service Revenue: $194,675
- Gross Receipts: $782,053
Assets and Liabilities:
- Total Assets: $1,256,137
- Total Liabilities: $262,626
- Net Assets: $993,511
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THEATRICAL PRODUCTIONS
Revenue
$150,156
ART EDUCATION CLASSES
Revenue
$23,565
TICKET FEE INCOME
Revenue
$20,954
Organization Details
Founding Year
1965
Principal Officer
Julie Fakler
NTEE Category
Code: A25Z - Arts
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