Overview
What is Cityfest Inc?
Cityfest Inc, established in Wilmington, Delaware, serves as a nonprofit organization with a mission to enrich the cultural and recreational landscape of the city. Specifically, they organize the Clifford Brown Jazz Festival, a three-day outdoor music event, showcasing live music performances for the public. Their primary objective is to contribute positively to the community by providing engaging events, thereby promoting Wilmington. The organization's headquarters can be found at 800 North French Street, Wilmington, DE 19801.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Cityfest Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid score of 82% based entirely on its Accountability & Finance metrics. This indicates a strong commitment to transparency and responsible financial management, which is essential for donor confidence and organizational sustainability.
The organization demonstrates exceptional governance with 100% of its board members being independent, ensuring impartiality in decision-making. It also scored perfectly on financial audits and has shown no material diversion of assets, underscoring its commitment to ethical practices. Furthermore, Cityfest Inc has a commendable program expense ratio of 71.95%, indicating that a significant portion of its spending directly supports its programs.
However, while the financial health indicators are robust, the overall rating primarily focuses on accountability, with no additional beacons considered. Potential donors may want to look for further insights into the organization's impact and program effectiveness beyond financial metrics alone.
This AI summary has been generated from information found on Charity Navigator.
Is Cityfest Inc legitimate?
Cityfest Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cityfest 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Cityfest Inc?
Cityfest Inc's mission is centered around providing cultural and recreational events. The primary goal is to utilize these events as a platform to promote and enhance the city, although the specific city is not specified in the provided information. One of their notable activities is organizing the Clifford Brown Jazz Festival, a three-day outdoor music event open to the public. This festival features live music performances, contributing to the cultural enrichment of the community.
Who is the CEO of Cityfest Inc?
Tina Betz is the President of Cityfest Inc.
What is the revenue of Cityfest Inc?
Cityfest Inc's revenue in 2022 was $2,027,164.
Who are the executives of Cityfest Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Cityfest Inc?
Cityfest Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cityfest Inc
Cityfest Inc, a nonprofit organization, is committed to providing cultural and recreational events with the primary objective of promoting its host city. Specifically, Cityfest Inc aims to organize festivals that cater to the general public, showcasing live music as a central attraction. One of their most notable events is the Clifford Brown Jazz Festival, a three-day outdoor music event held in Wilmington, DE. This festival serves as a platform for both local and international artists to showcase their talents, thereby enriching the cultural landscape of the city. By organizing such events, Cityfest Inc contributes to the city's vibrancy, fostering a sense of community and providing enjoyable experiences for its residents.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Cityfest Inc's impact is evident through their provision of cultural and recreational events to the city of Wilmington. Their flagship event, the Clifford Brown Jazz Fest, is a three-day outdoor music festival that enriches the lives of the general public in Wilmington, Delaware, through live music performances. By organizing such events, Cityfest Inc contributes significantly to the cultural vibrancy and recreational opportunities available in the city, ultimately promoting Wilmington as a destination for arts and entertainment.
This information is meant to be a general summary of Cityfest 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.
- Program Service Revenue: $56,843
- Gross Receipts: $2,027,164
Assets and Liabilities:
- Total Assets: $1,769,946
- Total Liabilities: $541,348
- Net Assets: $1,228,598
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FESTIVALS
Revenue
$56,843
Organization Details
Founding Year
1980
Phone
(302) 576-2135Principal Officer
Tina Betz
Main Address
800 NORTH FRENCH STREET, WILMINGTON, DE, 198013594
NTEE Category
Code: N52Z - Recreation
If you are a representative of Cityfest Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.