Overview
What is Lake Effect Community Arts Center?
The Lake Effect Community Arts Center, situated in Manistique, Michigan, serves as a vital cultural hub for the local community and visitors of Schoolcraft County. With a strong commitment to enriching lives through the arts, this nonprofit organization supports and nurtures artistic excellence by promoting and presenting artists, educational activities, and encouraging public appreciation for the arts. Before the COVID-19 pandemic, they sponsored various art classes and a children's exploration program, as well as a readers theater group. They also partnered with the Schoolcraft County Historical Society to host a summer-long historical display. Despite the challenges posed by the pandemic, they adapted by offering a take-home children's art program.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33% (Zero-Star out of Four Star Rating)
Lake Effect Community Arts Center has received a low score of 33%, indicating significant concerns regarding its accountability and financial practices. This score is derived solely from its Accountability & Finance metrics, which suggests a lack of transparency and issues in financial management.
The organization boasts a fully independent board, with all ten members meeting the criteria for independence. However, it has several critical shortcomings, including missing essential policies like Conflict of Interest and Whistleblower policies, as well as a lack of a functional website listed on its tax form. These deficiencies reflect a need for improved governance and transparency.
Financially, the center shows a concerning ratio of program expenses, with only 22.99% of its budget allocated to programs, which raises questions about its operational effectiveness and fulfillment of its mission. Additionally, the extremely low liabilities to assets ratio indicates potential issues with financial health. Overall, while there are some strengths, significant improvements are needed for Lake Effect Community Arts Center to address its accountability and financial management issues effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Effect Community Arts Center legitimate?
Lake Effect Community Arts Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Effect Community Arts Center 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.
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What is the mission statement of Lake Effect Community Arts Center?
The Lake Effect Community Arts Center aims to enrich the cultural lives of both local residents and visitors by nurturing and supporting excellence in the arts. They promote, present, and encourage artists and educational activities, with a goal of increasing the community's awareness and appreciation for the arts. The center's mission is carried out by sponsoring various programs, such as art classes, a children's art exploration program, and a readers theater group. They also partner with other organizations to host educational events and historical displays, aiming to foster a vibrant and engaged arts community. Due to the COVID-19 pandemic, some of their programs were curtailed, but they continue to adapt and find ways to deliver arts education and experiences to their community.
Who is the CEO of Lake Effect Community Arts Center?
Teresa Bratton is the Principal Officer of Lake Effect Community Arts Center.
What is the revenue of Lake Effect Community Arts Center?
Lake Effect Community Arts Center's revenue in 2022 was $35,086.
Who are the executives of Lake Effect Community Arts Center and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for Lake Effect Community Arts Center?
Lake Effect Community Arts Center's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lake Effect Community Arts Center
Lake Effect Community Arts Center, a renowned organization, is committed to enriching the cultural lives of its residents and visitors. By nurturing and supporting excellence in the arts, the center promotes, presents, and encourages artists and educational activities. Its primary goal is to increase the community's awareness and appreciation for the arts. Through various initiatives, Lake Effect Community Arts Center strives to engage the community in artistic endeavors and foster a deeper appreciation for the creative arts.
During regular times, Lake Effect Community Arts Center offers a wide range of programs and activities. These include sponsoring art classes, encouraging local artists, and hosting events that showcase various artistic styles and mediums. The center also partners with local organizations, such as the Schoolcraft County Historical Society, to provide educational and cultural experiences for the community. However, due to the ongoing pandemic, many of their programs had to be adapted or postponed. For instance, they introduced a children's art exploration program as a take-home program, and they conducted virtual art classes. Despite the challenges, Lake Effect Community Arts Center remains dedicated to its mission of enriching the cultural lives of its community through the arts.
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Impact
August, 2024
Lake Effect Community Arts Center has had a profound impact on the residents of Schoolcraft County by enriching their cultural lives. Through various programs such as the children's art exploration program, art classes, readers theater group, and historical displays, the center has stimulated creativity, promoted artistic expression, and fostered a greater appreciation for the arts within the community. Despite the challenges posed by COVID-19, Lake Effect Community Arts Center has adapted and continued to provide valuable cultural experiences for the residents and visitors of Schoolcraft County.
This information is meant to be a general summary of Lake Effect Community Arts Center. 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: $72
- Program Service Revenue: $5,876
- Gross Receipts: $35,086
Assets and Liabilities:
- Total Assets: $223,283
- Total Liabilities: $25
- Net Assets: $223,258
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$5,876
Organization Details
Founding Year
2011
Phone
(906) 283-3415Principal Officer
Teresa Bratton
Main Address
244 S CEDAR STREET, MANISTIQUE, MI, 49854
NTEE Category
Code: A40 - Arts
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