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Fund Arts Now

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 460933298 ✦ South pasadena, CA ✦ Designated as a 501(c)(3)

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Overview

What is Fund Arts Now?

Fund Arts Now is a nonprofit organization, specifically established to support Arts education for high school students residing in Los Angeles County. Their primary mission is to alleviate financial burdens associated with Arts education by offering funds to cover associated expenses. By doing so, they aim to empower and encourage young artists, enabling them to pursue their passion for the Arts without financial constraints.


Official website here: www.fundartsnow.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star rating). This rating indicates that Fund Arts Now has demonstrated a solid level of accountability and financial health. The score is based solely on their Accountability & Finance metrics, reflecting a strong commitment to transparency and governance.

The organization excels in key areas, achieving full marks for having a majority of independent board members, a well-sized board, and no material diversion of assets. Additionally, they have a strong performance in their program expense ratio, indicating effective allocation of resources towards their mission.

While the rating is favorable, it is important to note that the score relies heavily on financial accountability aspects, without additional metrics related to program effectiveness or impact. This means that while the charity is financially responsible, there may be less information available concerning the overall effectiveness of their programs.


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

Is Fund Arts Now legitimate?

Fund Arts Now is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fund Arts Now 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: $5,453
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.fundartsnow.org

What is the mission statement of Fund Arts Now?

Fund Arts Now, as an organization, is dedicated to achieving its primary objective of funding arts education for high school students in Los Angeles County. They accomplish this by providing financial assistance to cover the educational expenses related to the arts for these students. The aim is to ensure that these students have the opportunity to pursue their artistic interests and develop their talents in the arts field. Fund Arts Now's mission is centered around promoting arts education and making it accessible to high school students, thereby fostering creativity and artistic growth.


Official website here: www.fundartsnow.org

Who is the CEO of Fund Arts Now?

Lorelei Mccollough is the Officer of Fund Arts Now.


Official website here: www.fundartsnow.org

What is the revenue of Fund Arts Now?

Fund Arts Now's revenue in 2020 was $47,303.


Official website here: www.fundartsnow.org

Who are the executives of Fund Arts Now and what are their salaries?


Here are 3 key members and their salaries:


Julie Yanez (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Harmer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorelei Mccollough (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fundartsnow.org

Where can I find the form 990 for Fund Arts Now?

Fund Arts Now's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.fundartsnow.org

Learn more at the official website: www.fundartsnow.org

Mission Statement of Fund Arts Now

Fund Arts Now, as its name suggests, is committed to a primary objective. This objective revolves around funding arts education for high school students in Los Angeles County. The organization achieves this by providing financial aid to cover the educational expenses associated with the arts. By doing so, Fund Arts Now aims to ensure that high school students in this region have access to arts education, thereby enriching their learning experiences and fostering their creative growth.

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Impact




August, 2024

Fund Arts Now has made a significant impact by providing funding for arts education for high school students in Los Angeles County. By offering financial support for educational costs associated with the arts, Fund Arts Now has enabled students to access valuable arts programs and experiences that they may not have been able to afford otherwise. This support has opened up opportunities for young artists to develop their talents, pursue their creative passions, and potentially pursue careers in the arts. In doing so, Fund Arts Now is helping to cultivate a new generation of talented and inspired individuals who can contribute to the arts community and society as a whole.




This information is meant to be a general summary of Fund Arts Now. 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.

Revenue
$47,303 (2020)
Expenses
$81,694 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $47,303

Assets and Liabilities:

  • Total Assets: $95,480
  • Total Liabilities: $0
  • Net Assets: $95,480

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Organization Details

Founding Year

2012

Principal Officer

Lorelei Mccollough

Main Address

618 HAWTHORNE ST, SOUTH PASADENA, CA, 910303018

NTEE Category

Code: B12 - Education

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