Overview
What is European Christmas Market?
The European Christmas Market is an annual cultural event organized by a nonprofit organization, aiming to promote Germanic arts and traditions in Minnesota. Located at 711 Smith Ave S, Saint Paul, MN 55107, this initiative showcases an authentic and charming holiday event, modeled after European Christmas markets. Vendors set up kiosks selling traditional European foods and artisan gifts, creating an enchanting atmosphere for families to enjoy. The nonprofit's mission is to revive cultural traditions, fostering a sense of unity and celebration during the festive season.
Official website here: www.stpaulchristmasmarket.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. The European Christmas Market received a Two-Star out of Four Star rating with an overall score of 73%. This rating indicates that while the organization has some solid governance practices, there are significant areas needing improvement, particularly in financial transparency.
One of the strengths of the European Christmas Market is its governance structure, with 100% of board members being independent, and a strong financial health demonstrated by a low liabilities to assets ratio of 17.22%. Additionally, the organization has a high program expense ratio of 81.29%, which suggests that a significant portion of its spending goes directly towards its programs.
However, the organization has notable limitations, including the absence of financial statements and key policies such as a whistleblower policy and document retention policy. Furthermore, the nonprofit has not posted its tax form on its website, which hampers transparency and public accountability. Addressing these concerns could improve its overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about European Christmas Market?
90% of reviewers on Facebook recommend the European Christmas Market, highlighting its charm and unique offerings. Many appreciate the quality of the vendors, noting that the market provides a delightful outdoor experience that captures the festive spirit.
Visitors express their enjoyment of traditional treats like gluhwein and mention the fun atmosphere created by attractions such as Krampus. Overall, attendees find it to be a favorite holiday destination, valuing the unique blend of cultural experiences and festive cheer.
In summary, this Christmas market seems to deliver a joyful and memorable experience for those who visit, making it a popular choice among locals and tourists alike.
This AI summary has been generated from reviews found on Facebook.
Is European Christmas Market legitimate?
European Christmas Market is a legitimate nonprofit organization registered as a 501(c)(3) entity. European Christmas Market 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: $31,880
For more financial information, click here
Official website here: www.stpaulchristmasmarket.org/
What is the mission statement of European Christmas Market?
The European Christmas Market aims to promote Germanic arts and heritage, revive cultural traditions, and provide an authentic, charming, and family-friendly holiday event. This event is patterned after European Christmas markets that arise annually before Christmas. The mission is to host this event in a manner that is genuine, appealing, and suitable for families, fostering a festive atmosphere. The organizers of this cultural and ethnic festival, lacking their own facilities, successfully arranged a Christmas market featuring vendors in kiosks, selling traditional European foods and artisan gifts.
Official website here: www.stpaulchristmasmarket.org/
Who is the CEO of European Christmas Market?
Ferdinand F Peters is the President of European Christmas Market.
Official website here: www.stpaulchristmasmarket.org/
What is the revenue of European Christmas Market?
European Christmas Market's revenue in 2023 was $531,141.
Official website here: www.stpaulchristmasmarket.org/
Who are the executives of European Christmas Market and what are their salaries?
There 5 volunteers at European Christmas Market.
Here are 6 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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- Compensation: $0
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- Other: $0
Official website here: www.stpaulchristmasmarket.org/
Where can I find the form 990 for European Christmas Market?
European Christmas Market's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.stpaulchristmasmarket.org/
Learn more at the official website: www.stpaulchristmasmarket.org/
Mission Statement of European Christmas Market
The European Christmas Market, an organization dedicated to fostering Germanic arts and traditions, aims to revive cultural customs and host an authentic, charming, and family-friendly holiday event. Modeled after European Christmas markets that emerge annually before Christmas, this event seeks to provide a captivating experience for its visitors. The organization gathers vendors in kiosks selling traditional European foods and artisan gifts, thereby promoting a festive atmosphere.
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Impact
July, 2024
The European Christmas Market has a significant impact on the community by fostering Germanic arts and heritage, reviving cultural traditions, and hosting an authentic and charming holiday event in Minnesota. By emulating the traditional European Christmas markets, this initiative brings a unique cultural experience to the local residents and visitors alike. The market provides a platform for vendors to sell traditional European foods and artisan gifts, supporting local artists and small businesses. Additionally, the event creates a festive atmosphere that brings people together, promoting community engagement and a sense of togetherness during the holiday season. Overall, the European Christmas Market plays a vital role in preserving cultural heritage, supporting local economy, and creating a memorable holiday experience for all who attend.
This information is meant to be a general summary of European Christmas Market. 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 2023.
- Program Service Revenue: $175,976
- Gross Receipts: $714,675
Assets and Liabilities:
- Total Assets: $232,201
- Total Liabilities: $40,000
- Net Assets: $192,201
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
KIOSK BOOTH RENTALS
Revenue
$175,976
Organization Details
Founding Year
2013
Phone
(651) 647-6250Principal Officer
Ferdinand F Peters
Main Address
711 SMITH AVE S, SAINT PAUL, MN, 55107
NTEE Category
Code: A23 - Arts
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