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Gainesville Arts & Parks Foundation

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

EIN: 474370077 ✦ Gainesville, FL ✦ Designated as a 501(c)(3)

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Overview

What is Gainesville Arts & Parks Foundation?

The Gainesville Arts & Parks Foundation is a nonprofit organization situated in Gainesville, Florida. Their primary mission is to support the City of Gainesville's Parks, Recreation, and Cultural Affairs Department by advocating and fundraising. Specifically, they provide grants to enhance these programs, serving as a vital ally in realizing their intended goals. By filling funding gaps, the foundation plays a crucial role in bringing the department's projects and initiatives to fruition, ultimately enriching the cultural landscape of the city.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 63%, earning it a Two-Star out of Four Star rating. The rating reflects a moderate level of accountability and finance, indicating room for improvement in certain governance practices. While the foundation has achieved full scores in areas such as majority independent board members and program expense ratio, the overall score suggests concerns that could affect donor confidence.

Strengths of the Gainesville Arts & Parks Foundation include a fully independent board, which is crucial for maintaining impartial decision-making. Additionally, the organization demonstrates strong management of its liabilities to assets ratio and allocates a significant portion of expenses to programs, which is a positive sign of its commitment to its mission.

However, several limitations are notable, including a lack of independent board size and deficiencies in transparency practices such as not posting tax forms on its website. The absence of a conflict of interest policy and whistleblower policy raises concerns about governance and accountability. These factors may deter potential donors who prioritize transparency and ethical practices in their giving.


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

Is Gainesville Arts & Parks Foundation legitimate?

Gainesville Arts & Parks Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gainesville Arts & Parks Foundation 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: $0

For more financial information, click here

What is the mission statement of Gainesville Arts & Parks Foundation?

The Gainesville Arts & Parks Foundation serves as an advocate and partner to the City of Gainesville's Parks, Recreation, and Cultural Affairs Department. Their mission is to support the initiatives and programs identified within this department, specifically by addressing funding shortfalls and contributing to the realization of their strategic plan. By providing grants to various recreation, arts, and culture programs, the foundation plays a crucial role in enhancing the city's cultural landscape and community engagement opportunities.

Who is the CEO of Gainesville Arts & Parks Foundation?

Don Davis is the President of Gainesville Arts & Parks Foundation.

What is the revenue of Gainesville Arts & Parks Foundation?

Gainesville Arts & Parks Foundation's revenue in 2022 was $3,750.

Who are the executives of Gainesville Arts & Parks Foundation and what are their salaries?

There 5 volunteers at Gainesville Arts & Parks Foundation.


Here are 3 key members and their salaries:


Agapitys Lye (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven L Yucht (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Davis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Gainesville Arts & Parks Foundation?

Gainesville Arts & Parks Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Gainesville Arts & Parks Foundation

Gainesville Arts & Parks Foundation serves as a dedicated ally to the City of Gainesville's Parks, Recreation, and Cultural Affairs Department. Its mission is to support the department's initiatives by filling funding gaps and aiding in the realization of identified projects and programs. This nonprofit organization is committed to ensuring the success and growth of the city's recreational, artistic, and cultural ventures by providing crucial financial assistance. By doing so, the Gainesville Arts & Parks Foundation contributes to the enrichment and improvement of the community's parks and cultural offerings.

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Impact




October, 2024

The Gainesville Arts & Parks Foundation plays a critical role in enhancing the cultural and recreational landscape of Gainesville, Florida. By providing vital support to the City of Gainesville's Parks, Recreation, and Cultural Affairs Department, the foundation acts as a key ally in advocacy and fundraising. This collaboration helps bridge funding gaps for various projects and programs that enrich the community's arts and cultural offerings.

Through targeted grants, the foundation empowers initiatives that promote education and community engagement in the arts. By investing in recreation and cultural programs, they contribute to a vibrant community atmosphere, fostering creativity and collaboration among residents. These efforts not only enhance the quality of life in Gainesville but also encourage participation in recreational and cultural activities, making the city a more dynamic place to live and thrive.




This information is meant to be a general summary of Gainesville Arts & Parks Foundation. 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
$3,750 (2022)
Expenses
$1,855 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,399
  • Gross Receipts: $3,750

Assets and Liabilities:

  • Total Assets: $258,570
  • Total Liabilities: $495
  • Net Assets: $258,075

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Organization Details

Founding Year

2015

Principal Officer

Don Davis

Main Address

PO BOX 490 STATION 24, GAINESVILLE, FL, 326270490

NTEE Category

Code: B11 - Education

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