Overview
What is Folk School Of Fayetteville Inc?
Folk School of Fayetteville Inc is a small-scale nonprofit organization, situated in Fayetteville, Arkansas. With just two employees, their mission is to foster community engagement by organizing educational events and concerts/festivals. They specialize in preserving and promoting traditional American and international music, as well as culinary arts and folk traditions. By doing so, they aim to educate and entertain, thereby strengthening their local community.
Official website here: www.therootsfest.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
The Folk School of Fayetteville Inc has received a low score of 54%, indicating significant concerns in terms of accountability and finance. While the organization scores well on independent board membership and material diversion of assets, it lacks critical financial transparency, as evidenced by the absence of financial statements and various important policies.
Strengths include a strong emphasis on independent governance, with all board members being independent. Additionally, the school has a commendable program expense ratio of 82.08%, demonstrating a focus on direct programmatic spending. However, the lack of essential policies such as conflict of interest, whistleblower, and document retention raises red flags about the organization's governance practices.
Overall, while the Folk School of Fayetteville shows promise with its program efficiency and independent oversight, the significant gaps in financial transparency and governance policies warrant caution for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Folk School Of Fayetteville Inc legitimate?
Folk School Of Fayetteville Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Folk School Of Fayetteville 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: $324,553
For more financial information, click here
Official website here: www.therootsfest.org
What is the mission statement of Folk School Of Fayetteville Inc?
The Folk School of Fayetteville Inc aims to foster a sense of community by organizing educational events and festivals that celebrate traditional American and world music, as well as culinary arts and folk life. Through these activities, the organization seeks to preserve these traditions for future generations. By providing a platform for these cultural expressions, the Folk School of Fayetteville Inc encourages diversity and promotes a shared appreciation for various cultures and artistic expressions. The school's mission is to build connections among people through these shared experiences, fostering a sense of unity and understanding.
Official website here: www.therootsfest.org
Who is the CEO of Folk School Of Fayetteville Inc?
Bryan C Hembree is the Culinary Dir of Folk School Of Fayetteville Inc.
Official website here: www.therootsfest.org
What is the revenue of Folk School Of Fayetteville Inc?
Folk School Of Fayetteville Inc's revenue in 2022 was $535,544.
Official website here: www.therootsfest.org
Who are the executives of Folk School Of Fayetteville Inc and what are their salaries?
The average compensation at Folk School Of Fayetteville Inc during 2022 was $162,276. There are 2 employees and 150 volunteers at Folk School Of Fayetteville Inc.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.therootsfest.org
Where can I find the form 990 for Folk School Of Fayetteville Inc?
Folk School Of Fayetteville Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.therootsfest.org
Learn more at the official website: www.therootsfest.org
Mission Statement of Folk School Of Fayetteville Inc
The Folk School of Fayetteville Inc is an organization dedicated to fostering community through educational initiatives and events that celebrate traditional American and global music, culinary arts, and folk life. Their mission is to promote the perpetuation of these traditions, serving as a platform for their preservation and continuation. By hosting concerts, festivals, and workshops, this nonprofit encourages cultural exchange and community engagement, providing opportunities for individuals to learn, connect, and appreciate various musical and artistic traditions.
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Impact
July, 2024
Folk School Of Fayetteville Inc plays a crucial role in building community and preserving traditional American and world music, culinary arts, and folk life in Fayetteville, AR. Through their educational programs and concerts/festivals, they provide opportunities for people to engage with and appreciate these cultural treasures. By promoting the perpetuation of these rich traditions, Folk School Of Fayetteville Inc contributes to the cultural vibrancy and diversity of the community. Their impact is evident in the enrichment and preservation of cultural heritage for current and future generations to enjoy.
This information is meant to be a general summary of Folk School Of Fayetteville 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 2022.
- Program Service Revenue: $510,437
- Gross Receipts: $535,544
Assets and Liabilities:
- Total Assets: $167,010
- Total Liabilities: $150,235
- Net Assets: $16,775
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GENERAL REVNUE
Revenue
$510,437
Organization Details
Founding Year
2012
Phone
(479) 799-7668Principal Officer
Bryan C Hembree
Main Address
1 E MOUNTAIN, FAYETTEVILLE, AR, 72701
Website
www.therootsfest.orgNTEE Category
Code: A20 - Arts
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