Overview
What is Lincoln Arts Council?
The Lincoln Arts Council, situated in Lincoln, Nebraska, serves as a dedicated nonprofit organization with a primary focus on championing art and culture within the local community. Their mission is crystal clear: to stimulate and foster artistic and cultural growth in Lincoln. By promoting various artistic endeavors, the council plays an essential role in enriching the cultural landscape of the city.
Official website here: www.artscene.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Lincoln Arts Council has received a rating of 73% from Charity Navigator, indicating a Two-Star designation. This rating reflects strong accountability and financial management practices, as evidenced by a fully independent board and a robust audit and oversight committee. Their financial controls, including a low liabilities to assets ratio of 0.12%, demonstrate sound fiscal responsibility.
However, the council's program expense ratio stands at 51.91%, which earned only 2 out of 25 points in this category. This suggests that a relatively small portion of their expenditures is directed towards programs, which may limit their effectiveness in achieving their mission. While the council maintains comprehensive policies regarding conflict of interest and whistleblower protections, potential donors may want to consider the implications of the program spending on overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Lincoln Arts Council legitimate?
Lincoln Arts Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lincoln Arts Council 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: $64,616
Professional Fundraising Fees: $0
Other Salaries and Wages: $199,156
For more financial information, click here
Official website here: www.artscene.org
What is the mission statement of Lincoln Arts Council?
The Lincoln Arts Council, serving as an arts or humanities council, is committed to promoting art and culture within its sphere. Their mission is centered around fostering an environment that appreciates and encourages artistic expression and cultural growth. The council strives to make art accessible to the community, raising awareness and fostering a deep-rooted appreciation for various artistic forms. They actively work towards enriching the cultural landscape of their community through diverse programming and initiatives.
Official website here: www.artscene.org
Who is the CEO of Lincoln Arts Council?
Troy Gagner is the Executive Di of Lincoln Arts Council.
Official website here: www.artscene.org
What is the revenue of Lincoln Arts Council?
Lincoln Arts Council's revenue in 2022 was $645,118.
Official website here: www.artscene.org
Who are the executives of Lincoln Arts Council and what are their salaries?
The average compensation at Lincoln Arts Council during 2022 was $37,682. There are 7 employees and 20 volunteers at Lincoln Arts Council.
Here are 21 key members and their salaries:
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Official website here: www.artscene.org
Where can I find the form 990 for Lincoln Arts Council?
Lincoln Arts Council's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.artscene.org
Learn more at the official website: www.artscene.org
Mission Statement of Lincoln Arts Council
The Lincoln Arts Council, a notable entity in the arts and humanities sector, is committed to fostering and advocating for art and culture in Lincoln. Their primary mission is to serve as a catalyst for the growth and appreciation of art and culture within the community, aiming to enrich the lives of its residents. By promoting various artistic endeavors, the council seeks to encourage a vibrant and culturally rich environment in Lincoln.
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Impact
July, 2024
Lincoln Arts Council's impact can be seen in the vibrant and thriving arts and culture scene in Lincoln, NE. Through its promotion of art and culture, the council has played a key role in enriching the community, fostering creativity, and providing opportunities for artists and cultural organizations to showcase their work. The Lincoln Arts Council has helped to make Lincoln a more dynamic and culturally rich city, enhancing the quality of life for its residents and visitors alike.
This information is meant to be a general summary of Lincoln Arts Council. 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: $3,953
- Program Service Revenue: $276,736
- Gross Receipts: $645,118
Assets and Liabilities:
- Total Assets: $540,547
- Total Liabilities: $657
- Net Assets: $539,890
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
UPSTART
Revenue
$125,887
LINCOLN ARTS FESTIVAL
Revenue
$96,369
MAYOR'S ARTS AWARDS
Revenue
$54,480
Organization Details
Founding Year
1968
Phone
(402) 434-2787Principal Officer
Troy Gagner
Main Address
211 NORTH 14TH STREET, LINCOLN, NE, 68508
Website
www.artscene.orgNTEE Category
Code: A26 - Arts
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