Overview
What is Inner Arbor Trust Inc?
Inner Arbor Trust Inc, based in Columbia, Maryland, is a dedicated nonprofit organization that aims to enrich the local community through arts and culture. Established in 2017, they opened the Chrysalis Amphitheatre, bringing a wide range of events to the area, including commercial, non-commercial ticketed, and free, open-to-the-public performances. Their mission is to foster a unique, natural setting as a platform for diverse arts and culture experiences, benefiting the entire community. With a team of 27 employees led by Nina Basu, Inner Arbor Trust Inc plays a significant role in the cultural landscape of Columbia.
Official website here: www.innerarbortrust.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 66%)
Inner Arbor Trust Inc has received a "Needs Improvement" rating from Charity Navigator, reflecting an overall score of 66%. The nonprofit demonstrates strong governance, with 100% of its board members being independent, and it maintains a solid accountability framework, including a conflict of interest policy and documented board meeting minutes.
While the organization excels in governance and financial integrity, as evidenced by a 10.41% liabilities to assets ratio and a respectable program expense ratio of 62.66%, there are areas that need enhancement. The program expense ratio, while acceptable, indicates that a larger proportion of its budget could be allocated to direct programs versus administrative costs, which may impact overall program effectiveness.
Overall, Inner Arbor Trust Inc shows commendable practices in its board structure and financial management, yet faces challenges in optimizing its resource allocation towards its core mission. Addressing these areas could improve its rating and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Inner Arbor Trust Inc?
90% of 32 reviewers on Facebook recommend Inner Arbor Trust Inc. Here is a summary of their reviews:
Overall, many participants express satisfaction with the organization, highlighting the enjoyable events and community engagement initiatives. However, some recent experiences have raised concerns, particularly regarding event management and customer service. A notable incident involved the CarnEVIL event, where attendees encountered several issues such as attractions not functioning, difficulties with ticket scanning, and a lack of staff presence.
While the organization attempts to accommodate attendees with alternatives and apology offers, some individuals feel misled and frustrated by the execution of the event. Concerns around refunds and customer communication suggest areas where improvements could enhance the overall experience for community members. Despite these challenges, many still appreciate the organization's efforts to create engaging activities.
This AI summary has been generated from reviews found on Facebook.
Is Inner Arbor Trust Inc legitimate?
Inner Arbor Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Inner Arbor Trust 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: $65,130
For more financial information, click here
Official website here: www.innerarbortrust.com
What is the mission statement of Inner Arbor Trust Inc?
Inner Arbor Trust Inc's mission is to foster and cultivate a park in a distinctive natural setting, offering a variety of arts and culture experiences that enrich the entire community. The organization's primary goal is to promote this park, which serves as a platform for diverse artistic and cultural activities that benefit everyone. They have successfully introduced high-quality arts and culture programming to the community through the iconic Chrysalis Amphitheatre, which was opened on April 22, 2017. The Chrysalis hosts a range of performances, including commercial ticketed events, non-commercial ticketed events, and free events open to the public.
Official website here: www.innerarbortrust.com
Who is the CEO of Inner Arbor Trust Inc?
Nina Basu is the President & of Inner Arbor Trust Inc.
Official website here: www.innerarbortrust.com
What is the revenue of Inner Arbor Trust Inc?
Inner Arbor Trust Inc's revenue in 2022 was $849,361.
Official website here: www.innerarbortrust.com
Who are the executives of Inner Arbor Trust Inc and what are their salaries?
The average compensation at Inner Arbor Trust Inc during 2022 was $2,412. There are 27 employees and 32 volunteers at Inner Arbor Trust Inc.
Here are 9 key members and their salaries:
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Official website here: www.innerarbortrust.com
Where can I find the form 990 for Inner Arbor Trust Inc?
Inner Arbor Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.innerarbortrust.com
Learn more at the official website: www.innerarbortrust.com
Mission Statement of Inner Arbor Trust Inc
Inner Arbor Trust Inc, a nonprofit organization, is dedicated to enriching the community by promoting and nurturing a park in a unique natural setting, offering a variety of arts and culture experiences. Its mission is to create an environment where high-quality performances and events can be held, catering to both ticketed and free audiences. This includes commercial shows, non-commercial events, and open-to-the-public activities. By doing so, Inner Arbor Trust aims to provide an enriching experience for the entire community, bringing arts and culture to the forefront. The organization's flagship achievement is the Chrysalis Amphitheatre, which was opened on April 22, 2017, in downtown Columbia, showcasing various artistic and cultural events for the public to enjoy.
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Impact
July, 2024
Inner Arbor Trust Inc has made a significant impact by creating a unique park that serves as a vibrant hub for arts and culture experiences in downtown Columbia, MD. The opening of the iconic Chrysalis Amphitheatre on April 22, 2017, marked a milestone in bringing high-quality arts and culture programming to the community. The Chrysalis hosts a variety of performances, including commercial ticketed events, non-commercial ticketed shows, and free and open-to-the-public events, enriching the cultural landscape of the area. Through its initiatives, Inner Arbor Trust is fostering a sense of community engagement and connection through the arts.
This information is meant to be a general summary of Inner Arbor Trust 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.
- Investment Income: $5
- Program Service Revenue: $356,456
- Gross Receipts: $849,361
Assets and Liabilities:
- Total Assets: $7,920,262
- Total Liabilities: $660,966
- Net Assets: $7,259,296
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
IMA RENTAL FEES
Revenue
$179,108
EVENT INCOME
Revenue
$153,123
CONCESSION SALES
Revenue
$24,225
Organization Details
Founding Year
2013
Phone
(443) 832-3223Principal Officer
Nina Basu
Main Address
5430 VANTAGE POINT ROAD, COLUMBIA, MD, 21044
Website
www.innerarbortrust.comNTEE Category
Code: A61 - Arts
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