Overview
What is Yadkin Arts Council Inc?
Yadkin Arts Council Inc, located in Yadkinville, North Carolina, serves as a dedicated nonprofit organization with a mission to enrich the community by fostering arts events and education. They aim to coordinate and develop the cultural resources within Yadkin County, leveraging the arts as a means to improve people's lives. With a team of 18 dedicated individuals, they strive to make a significant impact in the greater Yadkin County area, promoting arts and culture as a valuable asset for community development.
Official website here: www.yadkinarts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 29% (Zero-Star out of Four Stars)
Yadkin Arts Council Inc has received a low rating of 29% from Charity Navigator, indicating significant concerns regarding its financial practices and transparency. While the organization boasts a fully independent board, which is a strength, it struggles with accountability in several key areas, including the absence of critical policies and financial statements.
The council's program expense ratio is reported at 26.81%, suggesting that a relatively small portion of its resources is directed toward its programs. This raises questions about the effectiveness and impact of its initiatives, given the low allocation of funds to direct services. Additionally, the missing conflict of interest and whistleblower policies highlight a lack of governance practices that are essential for nonprofit organizations.
Overall, while the Yadkin Arts Council Inc has an independent board structure, its significant shortcomings in financial transparency and governance policies limit its accountability, resulting in a poor overall rating. This information is crucial for potential donors and stakeholders considering support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Yadkin Arts Council Inc legitimate?
Yadkin Arts Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yadkin Arts Council 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: $381,554
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.yadkinarts.org
What is the mission statement of Yadkin Arts Council Inc?
The Yadkin Arts Council Inc's mission is centered around enriching lives through the arts. They aim to coordinate and develop the local cultural resources in connection with arts, acting as a catalyst for artistic events and education within the greater Yadkin County area. The council's objective is to contribute positively to the community by leveraging the power of arts, thereby promoting a more culturally vibrant and enriched society.
Official website here: www.yadkinarts.org
Who is the CEO of Yadkin Arts Council Inc?
John Willingham is the President of Yadkin Arts Council Inc.
Official website here: www.yadkinarts.org
What is the revenue of Yadkin Arts Council Inc?
Yadkin Arts Council Inc's revenue in 2023 was $1,210,122.
Official website here: www.yadkinarts.org
Who are the executives of Yadkin Arts Council Inc and what are their salaries?
The average compensation at Yadkin Arts Council Inc during 2023 was $21,197. There are 18 employees at Yadkin Arts Council Inc.
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- Compensation: $79,056
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- Other: $2,028
Official website here: www.yadkinarts.org
Where can I find the form 990 for Yadkin Arts Council Inc?
Yadkin Arts Council Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.yadkinarts.org
Learn more at the official website: www.yadkinarts.org
Mission Statement of Yadkin Arts Council Inc
Yadkin Arts Council Inc, a nonprofit organization, is dedicated to coordinating and developing the cultural resources in Yadkin County, with a focus on the arts. Its mission is to enrich lives in the area by bringing arts events and arts education to the community. By connecting with the arts, the council aims to enhance the lives of those in Yadkin County, contributing to a culturally rich and vibrant community.
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Impact
July, 2024
Yadkin Arts Council Inc plays a vital role in enriching lives in Yadkin County through the arts. By coordinating and developing cultural resources, they bring arts events and education to the local community, fostering creativity, expression, and cultural appreciation. Their impact is evident in the vibrant arts scene and the enhanced quality of life experienced by residents in the greater Yadkin County area.
This information is meant to be a general summary of Yadkin Arts Council 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 2023.
- Investment Income: $58
- Gross Receipts: $1,210,122
Assets and Liabilities:
- Total Assets: $3,183,939
- Total Liabilities: $4,252
- Net Assets: $3,179,687
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Organization Details
Founding Year
1975
Phone
(336) 679-2941Principal Officer
John Willingham
Main Address
PO Box 667, Yadkinville, NC, 27055
Website
www.yadkinarts.orgNTEE Category
Code: A26 - Arts
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