Overview
What is Black Box Inc?
Black Box Inc, located in St. Cloud, Minnesota, is a nonprofit organization. Their primary mission is to offer affordable performance spaces to local arts groups, serving as a crucial platform for these artistic communities. By providing such facilities, Black Box Inc plays a significant role in fostering and promoting local arts and culture. Their activity or mission description specifically mentions a community theater, indicating their focus on live performances. The organization's address is PO Box 971, St. Cloud, MN 56302.
Official website here: www.blackboxstcloud.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Black Box Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization excels in several areas, including having a fully independent board and a high program expense ratio of 100%, which means that all of its expenses are directed towards its programs. However, several policies that enhance governance, such as a conflict of interest policy and whistleblower protections, are notably missing.
The organization showcases strong financial health with a low liabilities to assets ratio of 24.80%, demonstrating good management of resources. The presence of documentation such as board meeting minutes is a positive aspect, indicating some level of transparency. However, the absence of certain key governance documents and policies could pose potential risks to its overall accountability.
Overall, while Black Box Inc shows strengths in its financial management and board independence, there are significant areas for improvement, particularly in governance policies. Strengthening these policies could enhance its long-term sustainability and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Black Box Inc legitimate?
Black Box Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black Box 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.blackboxstcloud.com
What is the mission statement of Black Box Inc?
Black Box Inc, as an organization, is committed to providing an affordable performance space for local arts groups. This mission serves to empower these groups by offering them a platform to showcase their talents and artistic expressions to the community. By doing so, Black Box Inc contributes to the vibrancy and diversity of the local cultural scene, fostering creativity and promoting arts accessibility for a wider audience. The organization's activities are centered around making performance spaces available at reasonable costs, thereby enabling local arts groups to thrive and continue their artistic pursuits.
Official website here: www.blackboxstcloud.com
Who is the CEO of Black Box Inc?
Michael Novak is the President of Black Box Inc.
Official website here: www.blackboxstcloud.com
What is the revenue of Black Box Inc?
Black Box Inc's revenue in 2022 was -$125.
Official website here: www.blackboxstcloud.com
Who are the executives of Black Box Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.blackboxstcloud.com
Where can I find the form 990 for Black Box Inc?
Black Box Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.blackboxstcloud.com
Learn more at the official website: www.blackboxstcloud.com
Mission Statement of Black Box Inc
Black Box Inc, a community theater organization, is dedicated to providing an affordable performance space for local arts groups. Its mission is to serve as a hub for these creative entities, offering them a platform where they can showcase their talent and engage with their audience at reasonable costs. By doing so, Black Box Inc contributes to the richness and diversity of the local arts scene, allowing various artistic voices to be heard and appreciated.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Black Box Inc significantly impacts the St. Cloud community by providing affordable performance space for local arts groups. This accessibility fosters creativity and collaboration among artists, allowing them to showcase their talents and engage with the audience. By nurturing the local arts scene, Black Box Inc contributes to the cultural vibrancy of the area, enriching the community's artistic landscape and offering residents diverse performances that might otherwise be unattainable. The organization plays a vital role in supporting local artists, enhancing the quality of life in St. Cloud, and promoting a thriving arts ecosystem.
This information is meant to be a general summary of Black Box 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.
- Gross Receipts: $6,000
Assets and Liabilities:
- Total Assets: $343,895
- Total Liabilities: $85,296
- Net Assets: $258,599
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1996
Phone
(320) 255-9052Principal Officer
Michael Novak
Main Address
PO BOX 971, ST CLOUD, MN, 56302
Website
www.blackboxstcloud.comNTEE Category
Code: A900 - Arts
If you are a representative of Black Box Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.