Benzaiten Center For Creative Arts Inc

Charity Navigator Rating: Needs Improvement

Benzaiten Center For Creative Arts Inc has received a Two-Star out of Four Star rating from Charity Navigator with an overall score of 62%. This rating suggests that while the organization excels in areas like accountability and finance, it has significant weaknesses in its financial reporting practices. The organization boasts a full score for having an independent board and maintaining conflict of interest policies, indicating strong governance.

Despite the strengths in governance, the nonprofit struggles with financial transparency, notably scoring zero points for its financial statements and liabilities to assets ratio. The lack of accessible financial documents on their website and failure to meet certain documentation criteria could raise concerns among potential donors about its financial health and operational integrity.

In summary, while Benzaiten Center For Creative Arts Inc demonstrates a commitment to accountability through its board structure and policies, it faces challenges that may limit its overall effectiveness and trustworthiness in the eyes of stakeholders. Improvements in financial transparency and reporting are crucial for enhancing its standing and gaining broader support.

This AI summary has been generated from information found on Charity Navigator.

Benzaiten Center For Creative Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Benzaiten Center For Creative Arts 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: $35,167

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