Overview
What is Mill Valley Fall Arts Festival Inc Formerly Friends Of Mill Valley Fall?
Mill Valley Fall Arts Festival Inc, formerly known as Friends of Mill Valley Fall, is a small yet significant nonprofit organization based in Mill Valley, California. With a single-digit workforce, their primary focus is to enrich the local community and surrounding areas by fostering, promoting, and supporting arts. annually, they organize an arts festival that attracts over 10,000 attendees and showcases the work of over 100 artists. Their mission is to contribute positively to Mill Valley's culture by celebrating and nurturing the arts, providing a platform for local artists to showcase their talents and engaging the public in these artistic endeavors.
Official website here: www.mvfaf.org/friends
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
Mill Valley Fall Arts Festival Inc has received a Two-Star rating from Charity Navigator, primarily due to its strong accountability and finance performance, where it scored 100% on key metrics like having a majority independent board and no material diversion of assets. Its program expense ratio is also commendable at 90.91%, indicating that a significant portion of its funds is directed toward its mission-related activities.
However, the organization has notable weaknesses that have impacted its overall score. It lacks essential policies such as a conflict of interest policy, whistleblower policy, and document retention policy, which are critical for maintaining transparency and accountability. Additionally, there are no posted minutes from board meetings, and its tax form is not available on the nonprofit's website, which could hinder trust and accessibility for stakeholders.
While Mill Valley Fall Arts Festival Inc demonstrates solid financial management, the absence of crucial governance policies and documentation suggests areas for improvement. Addressing these limitations could enhance its rating and public perception, fostering greater confidence among donors and community members.
This AI summary has been generated from information found on Charity Navigator.
Is Mill Valley Fall Arts Festival Inc Formerly Friends Of Mill Valley Fall legitimate?
Mill Valley Fall Arts Festival Inc Formerly Friends Of Mill Valley Fall is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mill Valley Fall Arts Festival Inc Formerly Friends Of Mill Valley Fall 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: $12,545
For more financial information, click here
Official website here: www.mvfaf.org/friends
What is the mission statement of Mill Valley Fall Arts Festival Inc Formerly Friends Of Mill Valley Fall?
The Mill Valley Fall Arts Festival Inc, formerly known as Friends Of Mill Valley Fall, has a mission to enhance life in various communities by fostering, promoting, and backing arts. Their primary objective is to enrich the local environment by supporting artistic endeavors. This non-profit organization annually hosts a festival, attracting over 100 artists and drawing over 10,000 public attendees. The festival serves as a platform to showcase and celebrate diverse artistic talents, thereby encouraging cultural exchange and appreciation for the arts within the community.
Official website here: www.mvfaf.org/friends
Who is the CEO of Mill Valley Fall Arts Festival Inc Formerly Friends Of Mill Valley Fall?
Zachary Gilmour is the President of Mill Valley Fall Arts Festival Inc Formerly Friends Of Mill Valley Fall.
Official website here: www.mvfaf.org/friends
What is the revenue of Mill Valley Fall Arts Festival Inc Formerly Friends Of Mill Valley Fall?
Mill Valley Fall Arts Festival Inc Formerly Friends Of Mill Valley Fall's revenue in 2022 was $158,038.
Official website here: www.mvfaf.org/friends
Who are the executives of Mill Valley Fall Arts Festival Inc Formerly Friends Of Mill Valley Fall and what are their salaries?
The average compensation at Mill Valley Fall Arts Festival Inc Formerly Friends Of Mill Valley Fall during 2022 was $12,545. There is 1 employee and 20 volunteers at Mill Valley Fall Arts Festival Inc Formerly Friends Of Mill Valley Fall.
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Official website here: www.mvfaf.org/friends
Where can I find the form 990 for Mill Valley Fall Arts Festival Inc Formerly Friends Of Mill Valley Fall?
Mill Valley Fall Arts Festival Inc Formerly Friends Of Mill Valley Fall's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mvfaf.org/friends
Learn more at the official website: www.mvfaf.org/friends
Mission Statement of Mill Valley Fall Arts Festival Inc Formerly Friends Of Mill Valley Fall
Mill Valley Fall Arts Festival Inc, formerly known as Friends Of Mill Valley Fall, is a nonprofit organization dedicated to enriching life in Mill Valley and its surrounding areas. Their primary mission is to encourage, promote, and support arts within the community. Through their activities, they aim to provide an annual arts festival that showcases the work of over 100 artists, attracting over 10,000 public attendees. By doing so, Mill Valley Fall Arts Festival Inc contributes to the cultural vibrancy of the community, fostering an appreciation for the arts and providing a platform for local artists to showcase their work.
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Impact
October, 2024
Mill Valley Fall Arts Festival Inc, formerly Friends Of Mill Valley Fall, significantly contributes to the cultural vitality of the Mill Valley area. By organizing an annual arts festival that features over 100 participating artists, it creates a vibrant platform for artists to showcase their work, while attracting more than 10,000 attendees from the community and beyond.
The festival enriches the local community by fostering an appreciation for the arts, encouraging creativity, and promoting a sense of belonging among residents. It not only supports artists financially but also provides them with visibility, helping to cultivate a thriving arts scene in Mill Valley and its surroundings. The event enhances community engagement, bringing together diverse groups of people who share an interest in art and culture.
Furthermore, the festival strengthens local economies by driving foot traffic to businesses in the area, stimulating commerce during the event. The presence of countless art enthusiasts and collectors provides exposure for local shops and restaurants, helping to create a lively atmosphere that benefits the entire community.
Overall, Mill Valley Fall Arts Festival Inc plays a crucial role in promoting and supporting the arts, thereby enriching the lives of individuals and the overall community in Mill Valley and beyond.
This information is meant to be a general summary of Mill Valley Fall Arts Festival Inc Formerly Friends Of Mill Valley Fall. 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: $149,291
- Gross Receipts: $158,038
Assets and Liabilities:
- Total Assets: $76,239
- Total Liabilities: $2,482
- Net Assets: $73,757
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Festival income
Revenue
$149,291
Organization Details
Founding Year
2014
Phone
(415) 246-9888Principal Officer
Zachary Gilmour
Main Address
PO Box 300, Mill Valley, CA, 94942
Website
www.mvfaf.org/friendsNTEE Category
Code: A20 - Arts
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