Overview
What is Salina Art Center Inc Endowment Foundation?
The Salina Art Center Inc Endowment Foundation is a nonprofit organization situated in Salina, Kansas. Its primary purpose is to contribute to the exceptional programs of the Salina Art Center, Inc., as well as other nonprofit organizations. This foundation aims to enhance the arts and cultural scene in the community by providing financial assistance. Their mission encompasses supporting various special projects and programs that promote creativity and artistic growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Salina Art Center Inc Endowment Foundation has received a solid Three-Star rating from Charity Navigator, highlighting its strong performance in accountability and finance. With a score of 80%, the organization demonstrates a commitment to transparency and effective management of its resources, having achieved a perfect score in several key areas, including the independence of its board members and the absence of material diversion of assets.
Strengths of the organization include a fully independent board, which consists of six members, and a high program expense ratio of 95.43%. This indicates that the majority of its spending is directed towards its programs rather than administrative costs. Furthermore, the foundation adheres to best practices by documenting board meeting minutes and maintaining a conflict of interest policy.
However, while the foundation excels in accountability, no specific information is provided regarding its program outcomes or impact, which could give a more comprehensive view of its effectiveness in fulfilling its mission. Overall, the Salina Art Center Inc Endowment Foundation exhibits strong financial health and governance practices, making it a trustworthy nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Salina Art Center Inc Endowment Foundation legitimate?
Salina Art Center Inc Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salina Art Center Inc Endowment 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
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What is the mission statement of Salina Art Center Inc Endowment Foundation?
The Salina Art Center Inc Endowment Foundation's mission is centered around assisting specialized programs of non-profit organizations and the Salina Art Center itself. Their primary objective is to provide support for unique initiatives within the realms of the Salina Art Center. In essence, the foundation's role is to contribute to the successful execution of these special programs.
Who is the CEO of Salina Art Center Inc Endowment Foundation?
Kristin Gunn is the Treasurer of Salina Art Center Inc Endowment Foundation.
What is the revenue of Salina Art Center Inc Endowment Foundation?
Salina Art Center Inc Endowment Foundation's revenue in 2022 was $456,509.
Who are the executives of Salina Art Center Inc Endowment Foundation and what are their salaries?
There 6 volunteers at Salina Art Center Inc Endowment Foundation.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Salina Art Center Inc Endowment Foundation?
Salina Art Center Inc Endowment Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Salina Art Center Inc Endowment Foundation
The Salina Art Center Inc Endowment Foundation is dedicated to supporting special programs of various non-profit organizations and the Salina Art Center, Inc. in its mission statement, the foundation outlines its role as an assistant, specifically in aiding the unique initiatives of the Salina Art Center, Inc. This support extends to a variety of programs, allowing these organizations to thrive and contribute to their respective communities. By providing resources and assistance, the Salina Art Center Inc Endowment Foundation plays a crucial role in fostering the growth and success of these non-profit organizations and the Salina Art Center, Inc. in their respective fields.
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Impact
July, 2024
Salina Art Center Inc Endowment Foundation makes a significant impact by supporting special programs of the Salina Art Center and other nonprofit organizations in Salina, Kansas. This assistance helps to foster creativity, innovation, and cultural enrichment in the community through various arts-related initiatives. The foundation's contributions play a vital role in promoting access to artistic experiences and educational opportunities, ultimately enhancing the overall cultural landscape of the region.
This information is meant to be a general summary of Salina Art Center Inc Endowment 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $171,589
- Gross Receipts: $789,129
Assets and Liabilities:
- Total Assets: $1,408,677
- Total Liabilities: $0
- Net Assets: $1,408,677
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Organization Details
Founding Year
1989
Phone
(785) 827-1431Principal Officer
Kristin Gunn
Main Address
PO BOX 743, SALINA, KS, 674020743
NTEE Category
Code: A40C - Arts
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