Overview
What is Summer Of The Arts?
Summer of the Arts is a nonprofit organization located at 319 E 1st St, Iowa City, IA 52240. Their primary mission is to foster community engagement by providing free, family-friendly arts and cultural experiences. This includes hosting events such as the Iowa Arts Festival, Iowa City Jazz Festival, Soul and Blues Festival, Friday Night Concert Series, Northside Concert Series, Music on the Move, a Free Movie Series, and the Holiday Thieves Market. Beyond their own events, Summer of the Arts assists other organizations in finding entertainment for their festivals and events. Their goal is to bring people together in the Iowa City area to enjoy and learn about various art forms during the summer months. The organization has a team of six dedicated individuals.
Official website here: www.summerofthearts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating reflects the organization's accountability and finance performance, indicating moderate effectiveness in financial practices but also highlighting areas for growth. The overall score of 73 suggests that while the nonprofit demonstrates a commitment to transparency, it lacks in certain governance aspects.
One of the strengths of Summer Of The Arts is its board composition, with 100% independent members, which indicates strong governance practices. With a high program expense ratio of 71.87%, the organization appears to allocate a significant portion of its resources to its mission-related activities. Additionally, there are no reported material diversions of assets, reflecting positively on its financial integrity.
However, the organization has notable limitations, particularly in its lack of essential policies such as a whistleblower policy and document retention and destruction policy. Additionally, the absence of financial statements posted on their website is a concerning gap in transparency. Addressing these issues could significantly enhance their score in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Summer Of The Arts legitimate?
Summer Of The Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Summer Of The Arts 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: $80,483
Professional Fundraising Fees: $0
Other Salaries and Wages: $157,616
For more financial information, click here
Official website here: www.summerofthearts.org
What is the mission statement of Summer Of The Arts?
The mission of Summer Of The Arts is to foster a sense of community by inviting people to engage with and appreciate the arts. They achieve this by organizing a variety of free summer arts and cultural programs in an unknown location. These events include the Iowa Arts Festival, Iowa City Jazz Festival, Soul and Blues Festival, Friday Night Concert Series, Northside Concert Series, Music on the Move, a free movie series, and the Holiday Thieves Market. Furthermore, Summer Of The Arts assists other organizations in securing entertainment for their festivals and events.
Official website here: www.summerofthearts.org
Who is the CEO of Summer Of The Arts?
R Chace Ramey is the President of Summer Of The Arts.
Official website here: www.summerofthearts.org
What is the revenue of Summer Of The Arts?
Summer Of The Arts's revenue in 2022 was $501,463.
Official website here: www.summerofthearts.org
Who are the executives of Summer Of The Arts and what are their salaries?
The average compensation at Summer Of The Arts during 2022 was $39,683. There are 6 employees and 600 volunteers at Summer Of The Arts.
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- Compensation: $65,616
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- Other: $14,867
Official website here: www.summerofthearts.org
Where can I find the form 990 for Summer Of The Arts?
Summer Of The Arts's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.summerofthearts.org
Learn more at the official website: www.summerofthearts.org
Mission Statement of Summer Of The Arts
Summer of the Arts, as a nonprofit organization, is committed to fostering community connection by organizing free summer arts and cultural events for the public. Their mission is to bring people together in the Iowa City area, offering them an opportunity to engage with, learn about, and appreciate various forms of art. Through initiatives such as the Iowa Arts Festival, Iowa City Jazz Festival, Soul and Blues Festival, Friday Night Concert Series, Northside Concert Series, Music on the Move, Free Movie Series, and Holiday Thieves Market, Summer of the Arts provides a platform for individuals and families to immerse themselves in a diverse range of artistic experiences. Additionally, the organization assists other local organizations in securing entertainment for their festivals and events, further contributing to the cultural enrichment of the community.
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Impact
July, 2024
Summer Of The Arts plays a pivotal role in building community cohesion by offering free, family-friendly arts and cultural experiences in the Iowa City area. Through events like the Iowa Arts Festival, Iowa City Jazz Festival, Soul and Blues Festival, Friday Night Concert Series, Northside Concert Series, Music on the Move, Free Movie Series, and Holiday Thieves Market, it provides exposure to various forms of art and entertainment. Additionally, the organization collaborates with other entities to help them secure entertainment for their own festivals and events. Summer Of The Arts' impact is evident in its mission to bring people together to appreciate and engage with the arts, fostering a sense of community spirit and cultural enrichment in the region.
This information is meant to be a general summary of Summer Of The Arts. 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.
- Investment Income: $501
- Program Service Revenue: $101,209
- Gross Receipts: $501,633
Assets and Liabilities:
- Total Assets: $120,676
- Total Liabilities: $4,149
- Net Assets: $116,527
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ALL FESTIVALS
Revenue
$101,209
Organization Details
Founding Year
1995
Phone
(319) 337-7944Principal Officer
R Chace Ramey
Main Address
319 E 1ST ST, IOWA CITY, IA, 52240
Website
www.summerofthearts.orgNTEE Category
Code: A20 - Arts
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