Overview
What is Next Stage Arts Project Inc?
Next Stage Arts Project Inc, located in Putney, Vermont, is a dedicated nonprofit organization that aims to promote and foster artistic expression. With a mission to help art happen, they renovated the Next Stage Theatre, a performing arts facility, and serve as a cultural hub within the community. The organization presents a diverse range of cultural events, such as music, theater, film, spoken word, culinary classes, and visual arts exhibits, attracting audiences from a 50-mile radius. They collaborate with various cultural, educational, and business partners, contributing to the local and regional economy by bringing thousands of visitors to the area. Committed to enhancing Putney as a cultural center, Next Stage Arts Project Inc offers a collaborative environment for audiences, performers, and community-based arts and educational organizations, fostering artistic growth and engagement.
Official website here: www.nextstagearts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. This rating indicates that while Next Stage Arts Project Inc demonstrates some strengths in financial accountability and transparency, it has room for improvement in certain governance aspects. The organization has a solid program expense ratio of 71.50%, suggesting a commitment to using funds effectively for its programs.
A notable strength is the organization's fully independent board, which consists of 12 members, scoring a perfect 8 out of 8 for majority independent board members. Additionally, there are no reported material diversions of assets, and essential policies like conflict of interest and website listings are present. However, the absence of a whistleblower policy and a document retention and destruction policy reflects some governance gaps that may need addressing to enhance overall accountability.
In summary, while Next Stage Arts Project Inc shows a strong commitment to program expenses and financial health, the lack of certain governance policies highlights areas for improvement. Enhancing these policies could positively impact its rating and increase stakeholder confidence in its operational transparency and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Next Stage Arts Project Inc legitimate?
Next Stage Arts Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Next Stage Arts Project 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: $212,328
For more financial information, click here
Official website here: www.nextstagearts.org
What is the mission statement of Next Stage Arts Project Inc?
The Next Stage Arts Project Inc is a non-profit organization dedicated to facilitating art occurrences through the planning, development, and operation of the Next Stage Theatre, a newly renovated performing arts facility. They celebrate the diversity of artistic expression by promoting a collaborative environment for audiences, performers, and community-based arts and educational organizations. The organization is committed to enhancing the cultural landscape, aiming to transform the village into a vibrant center for artistic expression.
Official website here: www.nextstagearts.org
What is the revenue of Next Stage Arts Project Inc?
Next Stage Arts Project Inc's revenue in 2023 was $724,677.
Official website here: www.nextstagearts.org
Who are the executives of Next Stage Arts Project Inc and what are their salaries?
The average compensation at Next Stage Arts Project Inc during 2023 was $53,082. There are 4 employees and 135 volunteers at Next Stage Arts Project Inc.
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Official website here: www.nextstagearts.org
Where can I find the form 990 for Next Stage Arts Project Inc?
Next Stage Arts Project Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nextstagearts.org
Learn more at the official website: www.nextstagearts.org
Mission Statement of Next Stage Arts Project Inc
Next Stage Arts Project, a non-profit organization, is committed to facilitating art and fostering a collaborative environment. They achieve this by programming, developing, and operating the Next Stage Theatre, a renovated performing arts facility. The organization celebrates the diversity of artistic expression, providing a platform for audiences, performers, and community-based arts and educational organizations. By doing so, Next Stage Arts Project aims to enhance the cultural center of the village, contributing to its growth and development.
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Impact
July, 2024
Next Stage Arts Project Inc has significantly impacted the cultural landscape of Putney, Vermont, and the surrounding region by presenting over 45 diverse cultural events ranging from music and theater to film, spoken word, culinary classes, and visual arts exhibits. By collaborating with various cultural, educational, and business partners, Next Stage Arts Project has supported presentations for students, elders, and the broader community. This organization has attracted audiences from a 50+ mile radius, bringing in thousands of visitors and contributing to the local and regional economy. Through its initiatives, Next Stage Arts Project fosters a collaborative environment for audiences, performers, and community-based arts and educational organizations, ultimately enhancing Putney's reputation as a vibrant cultural center.
This information is meant to be a general summary of Next Stage Arts Project 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 2023.
- Investment Income: $28,895
- Program Service Revenue: $167,488
- Gross Receipts: $724,677
Assets and Liabilities:
- Total Assets: $1,646,403
- Total Liabilities: $150,962
- Net Assets: $1,495,441
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENTS INCOME
Revenue
$167,488
Organization Details
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