Overview
What is Cultural Festivals?
Cultural Festivals is a nonprofit organization based in St. Louis, Missouri, specifically at 225 South Meramec Avenue Suite 105. Its primary mission is to inspire and engage the community through the most prominent celebration of exceptional visual art, attracting over 100,000 attendees annually. This event, known as the St. Louis Art Fair, serves as a platform for showcasing various visual and performing arts, as well as different cultures. The organization, with a team of six employees, aims to foster a sense of unity and appreciation for the arts within the community.
Official website here: www.saintlouisartfair.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating
Cultural Festivals has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The organization's score is derived from a comprehensive analysis of its financial practices, reflecting a high level of integrity in its operations. The perfect score of 100% for accountability and finance demonstrates that Cultural Festivals adheres to best practices in governance and transparency.
One of the notable strengths of Cultural Festivals is its independent board, consisting entirely of independent members. This highlights the organization's commitment to unbiased oversight and effective decision-making. The financial oversight mechanisms are robust, with a thorough audit and oversight committee, and no material diversion of assets reported. Additionally, the organization maintains clear and accessible policies regarding conflicts of interest and document retention.
While the financial metrics show a solid program expense ratio of 71.56%, indicating that a significant portion of its resources is allocated to its mission, the liabilities to assets ratio stands at 28.68%. This suggests a manageable level of debt relative to its assets, but it is something to monitor for long-term financial stability. Overall, Cultural Festivals demonstrates strong fiscal responsibility and governance practices, making it a trustworthy choice for donors seeking to support cultural initiatives.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Cultural Festivals?
90% of 203 reviewers on Facebook recommend this charity. Here is a summary of their reviews: Many attendees express appreciation for the diverse range of artists showcased at the events, often highlighting the enjoyable atmosphere created by the gathering of creative individuals. The opportunity to appreciate various forms of art while engaging with fellow festival-goers is particularly valued.
Participants often mention that the festivals provide a unique and enriching experience, making it a worthwhile outing for art enthusiasts and casual visitors alike. The sense of community fostered during these events seems to resonate well with attendees, enhancing overall enjoyment.
Overall, it appears that the nonprofit successfully creates memorable experiences centered around cultural appreciation, with many users looking forward to future events.
This AI summary has been generated from reviews found on Facebook.
Is Cultural Festivals legitimate?
Cultural Festivals is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cultural Festivals 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: $169,260
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.saintlouisartfair.com
What is the mission statement of Cultural Festivals?
The mission of Cultural Festivals, as stated, is to inspire and engage the community through the foremost celebration of exceptional visual art. This organization aims to bring people together, encouraging participation and appreciation for various artistic forms and cultural expressions. The annual St. Louis Art Fair, a notable event under their purview, attracts over 100,000 attendees, offering a platform for visual and performing arts. This event serves as a non-threatening, free celebration, fostering a sense of unity and shared enjoyment of artistic and cultural diversity.
Official website here: www.saintlouisartfair.com
Who is the CEO of Cultural Festivals?
Stacy Engles Wipfler Esq is the Chair of Cultural Festivals.
Official website here: www.saintlouisartfair.com
What is the revenue of Cultural Festivals?
Cultural Festivals's revenue in 2022 was $578,182.
Official website here: www.saintlouisartfair.com
Who are the executives of Cultural Festivals and what are their salaries?
The average compensation at Cultural Festivals during 2022 was $28,210. There are 6 employees at Cultural Festivals.
Here are 24 key members and their salaries:
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- Other: $3,139
Official website here: www.saintlouisartfair.com
Where can I find the form 990 for Cultural Festivals?
Cultural Festivals's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.saintlouisartfair.com
Learn more at the official website: www.saintlouisartfair.com
Mission Statement of Cultural Festivals
Cultural Festivals, an organization dedicated to community engagement, aims to inspire and celebrate exceptional visual art through its annual events. Their mission is to serve as a platform for the foremost celebration of visual art, drawing in a large crowd of over 100,000 individuals. These events are non-threatening and free, providing an inclusive space for the community to engage with various visual and performing arts and cultural offerings.
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Impact
July, 2024
Cultural festivals have a significant impact on communities by inspiring and engaging people with various forms of art and culture. They create a platform for showcasing diverse artistic talents and traditions, fostering a sense of belonging and pride among participants and attendees. Cultural festivals also contribute to the local economy by attracting visitors, promoting tourism, and supporting local businesses. Additionally, these festivals help to preserve and promote cultural heritage, encouraging cultural exchange and understanding among different communities. Overall, cultural festivals play a crucial role in enriching society, promoting creativity, and bringing people together through art and culture.
This information is meant to be a general summary of Cultural Festivals. 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: $43
- Program Service Revenue: $358,189
- Gross Receipts: $578,182
Assets and Liabilities:
- Total Assets: $373,131
- Total Liabilities: $124,111
- Net Assets: $249,020
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ENTRY FEES, BOOTH RENT
Revenue
$358,189
Organization Details
Founding Year
1993
Phone
(314) 863-0278Principal Officer
Stacy Engles Wipfler Esq
Main Address
225 SOUTH MERAMEC AVENUE SUITE 105, ST LOUIS, MO, 63105
Website
www.saintlouisartfair.comNTEE Category
Code: A200 - Arts
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