Overview
What is The Five Wings Arts Council?
The Five Wings Arts Council is a nonprofit organization situated in Staples, Minnesota. With a modest workforce of two individuals, this organization plays a significant role in encouraging and promoting arts creation, appreciation, and education within the local communities of Cass, Crow Wing, Morrison, Todd, and Wadena Counties. To achieve this mission, they offer grant programs and technical assistance, ultimately aiming to enhance the quality of life for Minnesota residents. By doing so, the council has awarded 81 production/sponsorship grants to 36 local arts organizations and community groups, enabling them to create and produce arts programs, projects, and events. These initiatives serve to develop or enhance local artists or arts organizations, as well as host arts events through collaborations with other organizations or individuals.
Official website here: www.fwac.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 Five Wings Arts Council has achieved a mixed rating, indicating some strengths in its governance and financial management. It boasts a fully independent board and has received high scores for its audit and oversight practices, as well as for the absence of material diversion of assets. Additionally, the organization has a strong program expense ratio, suggesting that a significant portion of its funds is directed towards its mission-related activities.
However, there are notable limitations that detract from its overall rating, particularly in the areas of policy documentation. The absence of a whistleblower policy and a document retention and destruction policy raises concerns about accountability and transparency. Moreover, the organization's liabilities to assets ratio is notably high, which could indicate potential financial risks that need to be managed more effectively. Overall, while The Five Wings Arts Council demonstrates strong governance practices, attention to its policy gaps and financial management will be crucial for future improvement.
This AI summary has been generated from information found on Charity Navigator.
Is The Five Wings Arts Council legitimate?
The Five Wings Arts Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Five Wings Arts Council 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: $93,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $46,322
For more financial information, click here
Official website here: www.fwac.org
What is the mission statement of The Five Wings Arts Council?
The Five Wings Arts Council encourages and supports arts creation, appreciation, and education in Minnesota, specifically in Cass, Crow Wing, Morrison, Todd, and Wadena counties. They accomplish this by offering grant programs and providing technical assistance to enhance the quality of life for local residents. The council solicits and awards grants to various arts organizations and community groups, enabling them to create, produce, and host arts programs or events. This fosters the development and enhancement of local artists or arts organizations, and contributes to the cultural vibrancy of the community.
Official website here: www.fwac.org
What is the revenue of The Five Wings Arts Council?
The Five Wings Arts Council's revenue in 2024 was $905,748.
Official website here: www.fwac.org
Who are the executives of The Five Wings Arts Council and what are their salaries?
The average compensation at The Five Wings Arts Council during 2024 was $69,661. There are 2 employees and 81 volunteers at The Five Wings Arts Council.
Here are 12 key members and their salaries:
- Compensation: $88,680
- Related: $0
- Other: $7,720
- Compensation: $400
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $450
- 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
- Compensation: $300
- Related: $0
- Other: $0
- Compensation: $350
- Related: $0
- Other: $0
- Compensation: $200
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fwac.org
Where can I find the form 990 for The Five Wings Arts Council?
The Five Wings Arts Council's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.fwac.org
Learn more at the official website: www.fwac.org
Mission Statement of The Five Wings Arts Council
The Five Wings Arts Council is an organization dedicated to fostering and celebrating arts creation, appreciation, and education. It achieves this goal by providing grant programs and technical assistance, aiming to enhance the quality of life for residents in Cass, Crow Wing, Morrison, Todd, and Wadena counties. The council's activities are centered around encouraging arts development and engagement, supporting local and regional artists and arts organizations, and hosting arts events for the community. Through its grant programs, The Five Wings Arts Council awards funds to 36 arts organizations and community groups, enabling them to create, produce, and host arts programs or projects that enrich their local communities. By offering technical assistance, the council helps these organizations and groups improve their operations and deliver high-quality arts experiences to their audiences.
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Impact
July, 2024
The Five Wings Arts Council plays a crucial role in fostering arts creation, appreciation, and education in Minnesota. Through its grant programs and technical assistance, the council enhances the quality of life for residents in Cass, Crow Wing, Morrison, Todd, and Wadena counties. By soliciting and awarding grants to arts organizations and community groups, the council supports the development and enhancement of local and regional artists, as well as the hosting of arts events for the community. This impact is evident in the 81 production/sponsorship grants awarded to 36 organizations, thereby contributing to the vibrant cultural scene in the region.
This information is meant to be a general summary of The Five Wings Arts Council. 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 2024.
- Investment Income: $1,265
- Gross Receipts: $905,748
Assets and Liabilities:
- Total Assets: $101,176
- Total Liabilities: $97,803
- Net Assets: $3,373
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Organization Details
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