Music Mountain Theatre Productions Inc

Charity Navigator Rating: 58% (One-Star out of Four Star Rating)

Music Mountain Theatre Productions Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. While the organization has a fully independent board, the lack of financial statements raises red flags. The high liabilities to assets ratio suggests potential financial instability, which could affect its operational effectiveness.

On a positive note, the organization demonstrates a strong commitment to utilizing its resources effectively, as indicated by a program expense ratio of 94.40%. This reflects a focus on its mission and programming, suggesting that the majority of its funds are directed toward its artistic endeavors. Additionally, the presence of whistleblower policies and documented board meeting minutes highlights some elements of governance.

However, the absence of essential policies such as conflict of interest and document retention guidelines, along with missing financial documentation on its website, points to critical gaps in transparency and governance practices. These limitations may hinder trust among stakeholders and the community it seeks to serve.

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

Music Mountain Theatre Productions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Music Mountain Theatre Productions 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: $402,632

For more financial information, click here

Official website here: www.musicmountaintheatre.org