Overview
What is Avalon Foundation Inc?
Avalon Foundation Inc, established in Easton, Maryland, is a vibrant nonprofit organization with a mission to strengthen the Eastern Shore community. They achieve this by providing a diverse range of uplifting arts, educational, and cultural experiences through events such as the Outdoor Summer Concert Series, the Easton Farmers' Market, the Talbot County Multicultural Festival, and Plein Air Easton, the nation's largest outdoor painting competition. The foundation receives significant support from the local town and various businesses and individuals. The organization's primary goal is to ensure the long-term viability of the historic Avalon Theatre, making it an accessible and engaging space for the community. With a dedicated team of 14 employees, Avalon Foundation Inc actively contributes to fostering a strong, culturally rich community on the Eastern Shore.
Official website here: www.avalontheatre.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Avalon Foundation Inc has achieved a perfect score of 100%, which reflects its exceptional performance in accountability and finance. The organization's high rating is based entirely on this beacon score, showcasing its commitment to transparency and responsible management of resources. This level of performance is significant as it indicates that the foundation adheres to best practices in financial oversight and governance.
The foundation's strengths include a fully independent board composed of 18 members, which emphasizes its commitment to impartial decision-making. Additionally, it has a robust audit and oversight committee, ensuring thorough financial reporting and compliance. Its low liabilities to assets ratio and high program expense ratio demonstrate effective allocation of funds towards its mission-driven programs.
Overall, the Avalon Foundation Inc exemplifies strong governance and financial health, with comprehensive policies in place for conflict of interest, whistleblowing, and document retention. There are no noted limitations in the available ratings and feedback, underscoring its standing as a well-managed and impactful nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Avalon Foundation Inc legitimate?
Avalon Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Avalon Foundation 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: $162,512
Professional Fundraising Fees: $0
Other Salaries and Wages: $571,998
For more financial information, click here
Official website here: www.avalontheatre.com
What is the mission statement of Avalon Foundation Inc?
The Avalon Foundation's mission is to foster a strong community by providing accessible, uplifting arts, education, and cultural experiences that cater to a diverse population. This organization aims to ensure the long-term viability of the Historic Avalon Theatre. To achieve this, the foundation organizes various events such as outdoor concerts, farmers' markets, multicultural festivals, and Plein Air Easton, the nation's largest outdoor painting competition. The foundation receives significant support from local businesses and individuals, contributing to its community-building efforts.
Official website here: www.avalontheatre.com
Who is the CEO of Avalon Foundation Inc?
Tom Mullen is the Chair of Avalon Foundation Inc.
Official website here: www.avalontheatre.com
What is the revenue of Avalon Foundation Inc?
Avalon Foundation Inc's revenue in 2022 was $2,877,348.
Official website here: www.avalontheatre.com
Who are the executives of Avalon Foundation Inc and what are their salaries?
The average compensation at Avalon Foundation Inc during 2022 was $52,465. There are 14 employees and 371 volunteers at Avalon Foundation Inc.
Here are 19 key members and their salaries:
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- Compensation: $156,155
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- Other: $10,898
Official website here: www.avalontheatre.com
Where can I find the form 990 for Avalon Foundation Inc?
Avalon Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.avalontheatre.com
Learn more at the official website: www.avalontheatre.com
Mission Statement of Avalon Foundation Inc
The Avalon Foundation's mission is centered around strengthening the community on a diverse populace's behalf, located somewhere on the Eastern Shore. They strive to achieve this by providing accessible, enriching arts, education, and cultural experiences. These initiatives are tailored to cater to a wide range of interests, ultimately aiming to secure the long-term sustainability of the iconic Avalon Theatre.
In order to fulfill its mission, the Avalon Foundation actively produces and endorses various outdoor events. Some of these events include the popular Outdoor Summer Concert Series, the Easton Farmers' Market, the Talbot County Multicultural Festival, and Plein Air Easton, recognized as the nation's largest outdoor painting competition. The foundation's success relies on significant support from various local entities, such as the Town of Easton, as well as numerous businesses and individuals.
By promoting these events and initiatives, the Avalon Foundation seeks to foster a strong, engaged community and ensure that the historic Avalon Theatre continues to thrive. The foundation's dedication to arts, education, and cultural experiences is evident in its diverse offerings and its mission to make these opportunities accessible to all.
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Impact
July, 2024
Avalon Foundation Inc's impact lies in fostering a strong community on the Eastern Shore through accessible, uplifting arts, education, and cultural experiences. They produce and promote outdoor art events such as the Outdoor Summer Concert Series, the Easton Farmers' Market, the Talbot County Multicultural Festival, and Plein Air Easton, the nation's largest outdoor painting competition. Through their efforts, they appeal to a diverse population and ensure the long-term viability of the historic Avalon Theatre in Easton, MD. Their work is supported by the town of Easton, local businesses, and individuals, making a significant cultural impact in the region.
This information is meant to be a general summary of Avalon Foundation 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: $1,160,153
- Gross Receipts: $2,877,348
Assets and Liabilities:
- Total Assets: $5,588,979
- Total Liabilities: $383,383
- Net Assets: $5,205,596
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$1,160,153
Organization Details
Founding Year
1993
Phone
(410) 822-0345Principal Officer
Tom Mullen
Main Address
40 EAST DOVER ST, EASTON, MD, 21601
Website
www.avalontheatre.comNTEE Category
Code: A600 - Arts
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