Overview
What is Lawrence Arts Center Inc?
Lawrence Arts Center Inc, located in Lawrence, Kansas, is a dedicated nonprofit organization with a mission to enrich educational programs and projects for both children and adults. By fostering an understanding and appreciation of the arts, the center supports local artists and contributes to the community's cultural growth. Through a variety of means such as exhibitions, performances, and educational workshops, the Lawrence Arts Center aims to create meaningful arts experiences that engage and inspire its patrons. The center employs a team of 74 individuals, who are all committed to fostering a vibrant arts scene in their community.
Official website here: www.lawrenceartscenter.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, earning a Two-Star out of Four Star rating.
Lawrence Arts Center Inc has received a Two-Star rating from Charity Navigator, indicating room for improvement in accountability and financial transparency. The organization demonstrates a strong commitment to governance with a fully independent board and effective oversight regarding audits and financial statements. However, certain policies, such as those regarding whistleblower protections and document retention, are missing, which can raise concerns about internal controls.
Financially, the organization shows a moderate program expense ratio of 56.84%, suggesting that a significant portion of its budget is allocated to programs rather than administrative costs. While the liabilities to assets ratio is favorable at 23.06%, indicating a reasonable level of financial health, the absence of transparency in posting essential documents like the tax form on its website could hinder public trust and accountability.
Overall, while Lawrence Arts Center Inc exhibits strengths in board independence and financial oversight, the lack of critical policies and failure to provide readily accessible financial documents are notable limitations that could affect donor confidence and community support.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lawrence Arts Center Inc?
94% of 242 reviewers on Facebook recommend the Lawrence Arts Center Inc. Here's a summary of their thoughts:
Many users express a deep appreciation for the organization, referring to it as "one of the last true temples of creativity" and a "gem in the crown of LFK." This suggests that the Lawrence Arts Center fosters an inspiring and vibrant atmosphere for artists and community members alike. The positive sentiment indicates that numerous individuals find value in the programs and events offered by the center.
Overall, it seems that the nonprofit has successfully created a beloved space that resonates with the community, providing a platform for artistic expression and cultural engagement. The enthusiastic endorsements signal a strong connection between the center and the local population.
This AI summary has been generated from reviews found on Facebook.
Is Lawrence Arts Center Inc legitimate?
Lawrence Arts Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lawrence Arts Center Inc 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: $98,183
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,583,402
For more financial information, click here
Official website here: www.lawrenceartscenter.com
What is the mission statement of Lawrence Arts Center Inc?
The Lawrence Arts Center Inc's mission is centered around providing meaningful arts experiences to the community. This is achieved through various means, including educational programs, exhibitions, and performances. The center strives to enhance the understanding and appreciation of arts among both children and adults. Furthermore, it supports local artists and contributes to their growth. The Lawrence Arts Center Inc is committed to fostering an arts-rich community where everyone can engage in creative experiences.
Official website here: www.lawrenceartscenter.com
Who is the CEO of Lawrence Arts Center Inc?
Margaret Weisbrod Morris is the Ceo of Lawrence Arts Center Inc. The CEO's salary of Lawrence Arts Center Inc is $75,546 and their total compensation is $81,045.
Official website here: www.lawrenceartscenter.com
What is the revenue of Lawrence Arts Center Inc?
Lawrence Arts Center Inc's revenue in 2022 was $3,972,860.
Official website here: www.lawrenceartscenter.com
Who are the executives of Lawrence Arts Center Inc and what are their salaries?
The average compensation at Lawrence Arts Center Inc during 2022 was $22,724. There are 74 employees and 100 volunteers at Lawrence Arts Center Inc.
Here are 14 key members and their salaries (Lawrence Arts Center Inc's CEO's salary is $75,546 and their total compensation is $81,045):
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- Compensation: $75,546
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- Other: $5,499
Official website here: www.lawrenceartscenter.com
Where can I find the form 990 for Lawrence Arts Center Inc?
Lawrence Arts Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lawrenceartscenter.com
Learn more at the official website: www.lawrenceartscenter.com
Mission Statement of Lawrence Arts Center Inc
Lawrence Arts Center Inc is committed to fostering meaningful arts experiences for the community. Through education, exhibitions, and performances, the center endeavors to engage both children and adults, enhancing their understanding and appreciation of the arts. Furthermore, Lawrence Arts Center Inc supports local artists by incorporating their work into its programs and projects. By doing so, the center plays a significant role in enriching the community's cultural landscape and fostering artistic growth.
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Impact
July, 2024
Lawrence Arts Center Inc enhances educational programs and projects for children and adults to deepen their understanding and appreciation of the arts. By supporting local artists, they contribute to a vibrant and creative community. Through their mission to create meaningful arts experiences through education, exhibitions, and performances, Lawrence Arts Center Inc positively impacts the cultural landscape of Lawrence, Kansas, and fosters a thriving arts community.
This information is meant to be a general summary of Lawrence Arts Center Inc. 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: $145,629
- Program Service Revenue: $1,787,069
- Gross Receipts: $4,074,438
Assets and Liabilities:
- Total Assets: $4,361,774
- Total Liabilities: $1,239,833
- Net Assets: $3,121,941
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM AND PROJECTS
Revenue
$1,208,075
MEMBERSHIPS
Revenue
$353,324
GALLERY SALES
Revenue
$225,670
Organization Details
Founding Year
1974
Phone
(785) 843-2787Principal Officer
Margaret Weisbrod Morris
Main Address
940 NEW HAMPSHIRE, LAWRENCE, KS, 660443042
Website
www.lawrenceartscenter.comNTEE Category
Code: A200 - Arts
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