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Cedar Falls Band Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 421075385 ✦ Cedar falls, IA ✦ Designated as a 501(c)(3)

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Overview

What is Cedar Falls Band Inc?

Cedar Falls Band Inc, located at 971 University Avenue, Cedar Falls, Iowa 50613, is a nonprofit organization that showcases its musical talents every Tuesday night during June and July, performing in the Band Shell at Overman Park, the town square of Cedar Falls. These concerts, which are free and attract large crowds with attendance usually in the hundreds, are a part of the organization's mission to provide enjoyable band music programs for the citizens of the Cedar Valley. In addition to these weekly performances, Cedar Falls Band Inc also participates in various special functions, such as Sturgis Falls and the annual celebration that attracts thousands of people.


Official website here: www.cedarnet.org/cfband

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Cedar Falls Band Inc received a two-star rating from Charity Navigator, indicating it has areas needing improvement. The overall score stands at 73%, derived from a notable 100% in Accountability & Finance, which reflects strong financial management practices. Notably, the organization has a fully independent board, with 85% of its members being independent, and there are no reported material diversions of assets.

However, the organization faces significant shortcomings in governance, particularly with absent policies for conflict of interest, whistleblowing, and document retention. Additionally, it does not provide board meeting minutes or post its tax forms on its website, which are crucial for transparency and accountability. These gaps highlight the need for Cedar Falls Band Inc to enhance its operational policies to better serve its mission and build trust with its stakeholders.


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

Is Cedar Falls Band Inc legitimate?

Cedar Falls Band Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedar Falls Band 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: $3,850

For more financial information, click here


Official website here: www.cedarnet.org/cfband

What is the mission statement of Cedar Falls Band Inc?

Cedar Falls Band Inc's mission is centered around providing free band music performances for the community. In fulfilling this mission, they organize weekly band concerts during June and July, held in a local band shell. These concerts, which are free of charge, attract large crowds, typically counting in the hundreds. Beyond these regular performances, the band also participates in various special functions and events, such as Sturgis Falls, an annual celebration that attracts a significant number of attendees. The band's activities aim to bring musical joy and entertainment to the community, fostering a sense of unity and enjoyment among its citizens.


Official website here: www.cedarnet.org/cfband

Who is the CEO of Cedar Falls Band Inc?

Donald Rasmusson is the Director of Cedar Falls Band Inc.


Official website here: www.cedarnet.org/cfband

What is the revenue of Cedar Falls Band Inc?

Cedar Falls Band Inc's revenue in 2022 was $128,484.


Official website here: www.cedarnet.org/cfband

Who are the executives of Cedar Falls Band Inc and what are their salaries?


Here are 7 key members and their salaries:


Dennis Downs (Director)
  • Compensation: $2,250
  • Related: $0
  • Other: $0
Barry Dvorak (Vice Preside)
  • Compensation: $1,060
  • Related: $0
  • Other: $0
Donald Rasmusson (Treasurer &)
  • Compensation: $860
  • Related: $0
  • Other: $0
Kelly Mccormick (Secretary)
  • Compensation: $790
  • Related: $0
  • Other: $0
Lary Anderson (Bldg. Truste)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Larkin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Welty (Bldg. Truste)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cedarnet.org/cfband

Where can I find the form 990 for Cedar Falls Band Inc?

Cedar Falls Band Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cedarnet.org/cfband

Learn more at the official website: www.cedarnet.org/cfband

Mission Statement of Cedar Falls Band Inc

Cedar Falls Band Inc, a nonprofit organization, is dedicated to performing free band music programs for the citizens of their community. Their primary mission is to enrich the lives of locals by presenting live band concerts, showcasing a variety of musical genres. Every Tuesday night during June and July, the band sets up in Overman Park, the town square of Cedar Falls. These concerts are a beloved tradition, attracting large crowds of hundreds of people. Besides these weekly performances, Cedar Falls Band Inc also participates in various special functions, such as Sturgis Falls, an annual celebration that draws thousands of attendees. The band's free concerts and special event performances contribute to fostering a sense of unity and shared enjoyment within the community.

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Impact




October, 2024

Cedar Falls Band Inc significantly enriches the cultural landscape of the Cedar Valley by providing free band music programs that foster community spirit and engagement. Every Tuesday night during June and July, the Cedar Falls Municipal Band captivates audiences in Overman Park, the town's vibrant gathering spot. These performances draw hundreds of attendees, creating a lively atmosphere that strengthens community ties.

Beyond the weekly concerts, the band takes part in various special events, such as Sturgis Falls, which attracts thousands and showcases local talent. Their music not only entertains but also promotes the arts within the community, enhancing the overall quality of life for residents. The band’s commitment to making music accessible to all ensures that the Cedar Valley remains a place where culture and community intersect.




This information is meant to be a general summary of Cedar Falls Band 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.

Revenue
$128,484 (2022)
Expenses
$62,375 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $31,290
  • Gross Receipts: $252,577

Assets and Liabilities:

  • Total Assets: $1,262,180
  • Total Liabilities: $0
  • Net Assets: $1,262,180

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Organization Details

Founding Year

1916

Principal Officer

Donald Rasmusson

Main Address

9716 UNIVERSITY AVENUE, CEDAR FALLS, IA, 50613

NTEE Category

Code: A6C - Arts

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