Overview
What is Business Arts And Recreation Center Inc?
Business Arts and Recreation Center Inc., or BARC Inc., is a nonprofit organization situated in Windom, Minnesota. Their primary mission is to maintain a former school building, transforming it into a versatile community hub. This facility hosts various events, including concerts, performing arts, recreational activities, educational classes, and wedding receptions. Many of these events are open to the public at a nominal fee. Additionally, BARC Inc. rents out parts of the building for storage, using the revenue to maintain the 76,000 square foot structure. The organization's workforce consists of three dedicated individuals, contributing to the upkeep and operation of the community center.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. The rating reflects the organization's performance in accountability and finance, indicating that while they demonstrate strong management practices in certain areas, there are significant gaps in policy documentation.
The Business Arts And Recreation Center Inc shows positive traits such as an entirely independent board and no material diversion of assets, contributing to a solid program expense ratio of 88.55%. This signifies that a large portion of their funds is directed towards their mission-related activities, which is a strong point for potential donors.
However, the organization has several limitations, notably the absence of key governance policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy. Additionally, they have not posted their tax form on their website, which could impact transparency and trust among stakeholders. Addressing these gaps could enhance their overall rating and foster greater confidence among supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Business Arts And Recreation Center Inc legitimate?
Business Arts And Recreation Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Business Arts And Recreation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,968
For more financial information, click here
What is the mission statement of Business Arts And Recreation Center Inc?
The Business Arts and Recreation Center Inc's mission is centered around maintaining a former school building to serve the community. This facility is intended for various purposes, including business meetings, artistic performances, educational workshops, social events, and recreational activities. The center aims to provide a space for concerts, theater performances, and community gatherings, some of which may be open to the public for a minimal fee. Furthermore, part of the building is rented out for storage, with the revenue contributing towards the maintenance of the 76,000 square foot establishment.
Who is the CEO of Business Arts And Recreation Center Inc?
Ashley Johnson is the President of Business Arts And Recreation Center Inc.
What is the revenue of Business Arts And Recreation Center Inc?
Business Arts And Recreation Center Inc's revenue in 2023 was $175,933.
Who are the executives of Business Arts And Recreation Center Inc and what are their salaries?
The average compensation at Business Arts And Recreation Center Inc during 2023 was $16,323. There are 3 employees and 25 volunteers at Business Arts And Recreation Center Inc.
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Where can I find the form 990 for Business Arts And Recreation Center Inc?
Business Arts And Recreation Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Business Arts And Recreation Center Inc
Business Arts and Recreation Center Inc, or BARC, is committed to preserving a former school building and transforming it into a community hub. Their mission is to offer a facility that caters to various activities, including business events, artistic performances, educational classes, concerts, theater shows, social gatherings, and recreational activities. BARC aims to provide a space where the community can come together, engage in various activities, and participate in events for a modest fee. Part of the facility is also rented out for storage purposes, with the revenue generated used towards maintaining the 76,000 square foot building.
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Impact
October, 2024
Business Arts And Recreation Center Inc significantly enriches the Windom community by transforming a former school building into a vibrant hub for diverse activities. It serves as a venue for community events ranging from concerts and performing arts to educational classes and social gatherings. By providing affordable space for these activities, it fosters local culture, creativity, and social interaction.
The center allows for a variety of recreational activities, contributing to the overall well-being and social cohesion of the community. Additionally, the rental of parts of the facility for storage not only generates funds for ongoing maintenance but also ensures the sustainability of this valuable resource. Overall, the center plays a crucial role in maintaining community spirit, promoting education, and enhancing the cultural landscape of Windom.
This information is meant to be a general summary of Business Arts And Recreation 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: $2,895
- Program Service Revenue: $66,697
- Gross Receipts: $189,059
Assets and Liabilities:
- Total Assets: $898,454
- Total Liabilities: $0
- Net Assets: $898,454
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS
Revenue
$66,422
COPIES
Revenue
$250
MISCELLANEOUS
Revenue
$25
Organization Details
Founding Year
2001
Phone
(507) 831-2375Principal Officer
Ashley Johnson
Main Address
PO BOX 123, WINDOM, MN, 56101
NTEE Category
Code: N30 - Recreation
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