Overview
What is Grand Center Inc?
Grand Center Inc, a nonprofit organization based in Saint Louis, Missouri, primarily focuses on nurturing the growth and development of local, national, and international arts and entertainment organizations. They achieve this through active marketing and promotion of various programs and art-related activities, attracting over two million visitors annually. Additionally, Grand Center Inc serves as a platform for collaboration among arts partners in the district, enabling the creation of new programming and initiatives. In terms of real estate, the organization plays a significant role in facilitating district management and real estate development to ensure the continued growth and success of the district and its resident arts and cultural institutions. They administer the district-wide Tax Increment Financing Program and continue implementing a district-wide Public Realm Improvement Program to enhance park spaces and public right-of-ways.
Official website here: www.grandcenterinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Stars
Grand Center Inc has received a One-Star rating from Charity Navigator, reflecting its overall score of 56%. This score is derived entirely from its Accountability & Finance metrics, indicating a lack of strength in financial performance and program expenses. While the organization demonstrates strong governance practices, such as having a fully independent board and comprehensive policies in place, the low score in financial ratios suggests significant areas for improvement.
The organization boasts a solid governance structure, with 100% of board members being independent and strong financial oversight practices in place. Additionally, Grand Center Inc has effectively implemented key policies, including conflict of interest and whistleblower protections, which are crucial for maintaining accountability. However, the overall financial health, as indicated by the liabilities to assets ratio and program expense ratio, raises concerns about the sustainability of its programs.
The limited allocation of funds to program expenses, which only accounts for 28.75%, alongside a high liabilities ratio of 33.56%, points to potential inefficiencies in resource utilization. These factors underscore the need for Grand Center Inc to enhance its financial management practices to ensure that a greater portion of its funding directly supports its mission and programs.
This AI summary has been generated from information found on Charity Navigator.
Is Grand Center Inc legitimate?
Grand Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand 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: $199,164
Professional Fundraising Fees: $0
Other Salaries and Wages: $186,981
For more financial information, click here
Official website here: www.grandcenterinc.org
What is the mission statement of Grand Center Inc?
Grand Center Inc, through its mission, aims to foster a flourishing creative community within the Grand Center Arts District. This is achieved by supporting the growth and development of local, national, and international arts and entertainment organizations. This is achieved through active marketing and promotion of various programs and art-related activities, attracting over two million visitors annually. Additionally, Grand Center Inc provides a platform for collaboration among arts partners in the district, enabling the creation of new programming and initiatives. In terms of real estate, the organization facilitates development and district management to ensure the continued growth and success of the district and its resident arts and cultural institutions. This is accomplished through the administration of a tax increment financing program and the implementation of a public realm improvement program, enhancing park spaces and public right-of-ways.
Official website here: www.grandcenterinc.org
Who is the CEO of Grand Center Inc?
Jeffery Kelley is the Principal Officer of Grand Center Inc.
Official website here: www.grandcenterinc.org
What is the revenue of Grand Center Inc?
Grand Center Inc's revenue in 2022 was $1,481,786.
Official website here: www.grandcenterinc.org
Who are the executives of Grand Center Inc and what are their salaries?
There 25 volunteers at Grand Center Inc.
Here are 30 key members and their salaries:
- 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: $0
- 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: $0
- 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: $0
- 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: $0
- 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: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $73,164
- Related: $0
- Other: $8,766
- Compensation: $126,000
- Related: $0
- Other: $19,258
Official website here: www.grandcenterinc.org
Where can I find the form 990 for Grand Center Inc?
Grand Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.grandcenterinc.org
Learn more at the official website: www.grandcenterinc.org
Mission Statement of Grand Center Inc
Grand Center Inc, a nonprofit organization, plays a crucial role in fostering a thriving creative community within the Grand Center Arts District. Their mission is to create the optimal conditions for the expansion and prosperity of local, national, and international arts and entertainment organizations. They achieve this by actively marketing and promoting various programs and art-related activities, attracting over two million visitors annually. This strategic approach not only supports the district's existing arts and cultural institutions but also provides a platform for collaboration among arts partners, enabling them to develop innovative programming and initiatives.
In addition to its arts function, Grand Center Inc also engages in real estate development and district management. This dual role is essential in ensuring the continued growth and success of the district. The organization administers a district-wide Tax Increment Financing program and implements a District-Wide Public Realm Improvement Program. This program enhances park spaces and public right-of-ways, contributing to the overall aesthetic and community appeal of the district. By facilitating real estate development and district management, Grand Center Inc plays a vital role in the success of the Grand Center Arts District, supporting the growth and development of its resident arts and cultural institutions.
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
July, 2024
Grand Center Inc's impact lies in nurturing the recruitment, growth, and development of viable local, national, and international arts and entertainment organizations. This is accomplished through active marketing and promotion of various programs and other art-related activities that support the district's two million visitors each year. Additionally, Grand Center Inc provides a platform for collaboration among arts partners in the district to develop new programming and initiatives. On the real estate side, Grand Center Inc facilitates real estate development and district management to continue the growth and success of the district and its resident arts and cultural institutions. They administer the district-wide tax increment financing program and continue the implementation of a district-wide public realm improvement program to enhance park spaces and public right-of-ways.
This information is meant to be a general summary of Grand 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 2022.
- Investment Income: $556,370
- Program Service Revenue: $320,076
- Gross Receipts: $1,659,787
Assets and Liabilities:
- Total Assets: $12,529,148
- Total Liabilities: $4,205,191
- Net Assets: $8,323,957
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$217,081
PARKING REVENUE
Revenue
$102,995
Organization Details
Founding Year
1987
Phone
(314) 289-1514Principal Officer
Jeffery Kelley
Main Address
3526 WASHINGTON AVENUE, SAINT LOUIS, MO, 63103
Website
www.grandcenterinc.orgNTEE Category
Code: A610 - Arts
If you are a representative of Grand Center 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.