Overview
What is Plusoneplusoneplusone?
Plusoneplusoneplusone, also known as PLUS1, is a forward-thinking nonprofit organization based in Pasadena, California. They specialize in creating Custom Funds, enabling cultural leaders to collectively raise funds for grassroots organizations working in various cause areas, such as COVID-19 Relief, Black Lives, Mental Health, Reproductive Health, LGBTQ+, and Climate. This innovative approach empowers passionate individuals to drive social change and catalyze cultural momentum towards equity, dignity, and access for all. Plus One was initiated by the band Arcade Fire, seeking to support Haiti, recognizing the potential of their engaged audience to make a significant impact. The organization currently employs a team of one dedicated professional.
Official website here: www.plus1.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star Rating
Plusoneplusoneplusone has earned a Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The organization's overall score is derived entirely from its performance in these areas, showcasing a commitment to transparency and proper management of resources.
The nonprofit boasts an exceptional accountability score, with perfect marks in independent board membership, audit oversight, and financial policies. Its program expense ratio is particularly impressive at 97.55%, indicating that a significant portion of its funding is allocated directly to its mission-related activities. Furthermore, the organization has demonstrated sound financial practices, with no material diversion of assets reported.
However, some weaknesses were noted, particularly in fundraising efficiency, where it scored only 5 out of 25 points. This suggests that while the organization is effective in its operations, it may need to improve its strategies for raising funds. Additionally, a working capital ratio of 0.37 years indicates potential challenges in maintaining financial liquidity for future operations.
This AI summary has been generated from information found on Charity Navigator.
Is Plusoneplusoneplusone legitimate?
Plusoneplusoneplusone is a legitimate nonprofit organization registered as a 501(c)(3) entity. Plusoneplusoneplusone 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: $46,609
For more financial information, click here
Official website here: www.plus1.org
What is the mission statement of Plusoneplusoneplusone?
Plus One, an innovative initiative, aims to drive social change and foster cultural momentum, promoting equity, dignity, and access for all. Originating from the band Arcade Fire, Plus One recognized the potential of their engaged audience to catalyze change. They have introduced Custom Funds, enabling cultural leaders to collectively raise funds and support grassroots organizations working in various cause areas, such as COVID-19 relief, racial justice, mental health, reproductive health, LGBTQ+ rights, and climate action.
Official website here: www.plus1.org
Who is the CEO of Plusoneplusoneplusone?
Marika Anthony-Shaw is the Board Chair of Plusoneplusoneplusone. The CEO's salary of Plusoneplusoneplusone is $0 and their total compensation is $0.
Official website here: www.plus1.org
What is the revenue of Plusoneplusoneplusone?
Plusoneplusoneplusone's revenue in 2022 was $5,857,699.
Official website here: www.plus1.org
Who are the executives of Plusoneplusoneplusone and what are their salaries?
The average compensation at Plusoneplusoneplusone during 2022 was $46,609. There is 1 employee at Plusoneplusoneplusone.
Here are 3 key members and their salaries (Plusoneplusoneplusone's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.plus1.org
Where can I find the form 990 for Plusoneplusoneplusone?
Plusoneplusoneplusone's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.plus1.org
Learn more at the official website: www.plus1.org
Mission Statement of Plusoneplusoneplusone
PlusOne, an innovative organization, was established with a mission to catalyze social change and drive cultural momentum towards equity, dignity, and access for all. This mission stemmed from the band Arcade Fire, who recognized the potential of their passionate and committed audience to bring about positive change. As a result, PlusOne was born, providing a platform for cultural leaders to collectively raise funds and impact for grassroots organizations working in various cause areas.
Currently, PlusOne operates several PLUS1 Funds, each focusing on specific issues. These funds include the COVID-19 Relief Fund, For Black Lives Fund, Mental Health Access Fund, Reproductive Health Access Fund, LGBTQ+ Fund, and Climate Fund. By pooling resources and support, PlusOne empowers these grassroots organizations to make a significant impact in their respective cause areas, ensuring that change is driven from the ground up. In this way, PlusOne leverages the power of cultural influence and audience engagement to address pressing social issues and foster a more equitable and inclusive society.
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Impact
July, 2024
Plusoneplusoneplusone leverages the power of its audience to drive social change and catalyze cultural momentum towards equity, dignity, and access for all. Through initiatives like the PLUS1 Funds, it allows cultural leaders to collectively raise money and impact for grassroots organizations working in specific cause areas such as COVID-19 relief, Black Lives Matter, mental health access, reproductive health access, LGBTQ+ rights, and climate action. This nonprofit's impact is evident in its ability to mobilize resources and support for marginalized communities and causes, showcasing the potential for art and culture to drive positive change in society.
This information is meant to be a general summary of Plusoneplusoneplusone. 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: $101,587
- Gross Receipts: $5,857,699
Assets and Liabilities:
- Total Assets: $2,370,522
- Total Liabilities: $228,861
- Net Assets: $2,141,661
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Digital
Revenue
$482
Digital fees
Revenue
$32
Merchandise Fees
Revenue
$146
Ticket add on
Revenue
$91,267
Ticketing Fees
Revenue
$9,660
Organization Details
Founding Year
2014
Phone
(747) 228-8989Principal Officer
Marika Anthony-Shaw
Main Address
1395 Wicks Rd, Pasadena, CA, 91103
Website
www.plus1.orgNTEE Category
Code: A99 - Arts
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