Overview
What is Celebrate Frederick Inc?
Celebrate Frederick Inc is a nonprofit organization situated in Frederick, Maryland, specifically at 121 North Bentz Street. Established over three decades ago, it has become a renowned annual event in the city, attracting a diverse audience from local areas, as well as Washington D.C., Northern Virginia, Washington County, Montgomery County, Carroll County, and Southern Pennsylvania. The organization's primary mission is to organize special events and activities, aiming to provide the community with a shared cultural experience. The annual event, "In the Streets," is a highlight, featuring numerous blocks of entertainment, live music across multiple stages, children's activities, delicious food, strolling entertainment, and more. The festival day also includes the Annual Market Street Mile and the Up the Creek Party, catering to family-oriented audiences and young adults. The festivities attract a wide range of attendees due to the variety of entertainment options throughout the day. The organization's headquarters is located along Carroll Creek Linear Park and Market Street, from Carroll Creek to 7th Street, in the heart of historic downtown Frederick. With an average attendance of 75,000, Celebrate Frederick Inc has successfully established itself as a significant cultural event in the region.
Official website here: www.celebratefrederick.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Stars
Celebrate Frederick Inc has received a Three-Star rating from Charity Navigator, indicating a score of 83%. This rating is based entirely on accountability and finance metrics, demonstrating a strong emphasis on these areas. The organization has a solid accountability profile, with 100% of its board members being independent, showcasing a commitment to governance.
The nonprofit excels in financial management, with a program expense ratio of 85.01%, suggesting that a significant portion of its expenditures goes directly towards its mission-driven activities. Additionally, it maintains a low liabilities-to-assets ratio of 7.41%, reflecting sound financial health. Celebrate Frederick's transparency is supported by its adherence to policies regarding conflict of interest and the availability of board meeting minutes.
However, there are some limitations to consider. The organization is noted to be missing key policies such as a whistleblower policy and document retention and destruction policy, which could impact its overall governance framework. While the organization demonstrates strong financial stewardship and accountability, addressing these policy gaps could enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Celebrate Frederick Inc legitimate?
Celebrate Frederick Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Celebrate Frederick 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.
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For more financial information, click here
Official website here: www.celebratefrederick.com
What is the mission statement of Celebrate Frederick Inc?
Celebrate Frederick Inc's mission is centered around organizing and executing special events and activities. Their primary goal is to provide the community with a shared cultural experience. This is achieved through the implementation of various entertainment, activities, and attractions, including live music, children's activities, food vendors, and strolling entertainment. The annual event, In the Streets, is one of Frederick's most celebrated festivals, attracting a diverse audience from the local area and beyond. This free event, held in historic downtown Frederick, offers continuous entertainment throughout the day, drawing in family-oriented audiences and young adults alike. The festival's variety in entertainment ensures that attendee demographics shift throughout the day.
Official website here: www.celebratefrederick.com
Who is the CEO of Celebrate Frederick Inc?
Jennifer Martin is the President of Celebrate Frederick Inc.
Official website here: www.celebratefrederick.com
What is the revenue of Celebrate Frederick Inc?
Celebrate Frederick Inc's revenue in 2022 was $160,688.
Official website here: www.celebratefrederick.com
Who are the executives of Celebrate Frederick Inc and what are their salaries?
There 140 volunteers at Celebrate Frederick Inc.
Here are 17 key members and their salaries:
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Official website here: www.celebratefrederick.com
Where can I find the form 990 for Celebrate Frederick Inc?
Celebrate Frederick Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.celebratefrederick.com
Learn more at the official website: www.celebratefrederick.com
Mission Statement of Celebrate Frederick Inc
Celebrate Frederick Inc, a renowned organization, is dedicated to planning and executing special events and activities aimed at offering the community a shared cultural experience. Their mission is to create an atmosphere of unity and entertainment, bringing people together through numerous blocks of continuous entertainment, live music performances on multiple stages, children's activities, delicious food, and strolling entertainment. This free event, held annually in historic downtown Frederick, attracts a diverse audience, including families and young adults, due to the wide variety of entertainment options throughout the day. The festival draws attendees not only from the local city and county but also from the wider region, including Washington D.C., Northern Virginia, Washington County, Montgomery County, Carroll County, and Southern Pennsylvania. Celebrate Frederick Inc's initiatives contribute significantly to fostering a sense of community and shared experiences, making it a highly anticipated event in the region.
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Impact
October, 2024
Celebrate Frederick Inc. plays a vital role in enriching the community by organizing special events that foster a shared cultural experience. One of its hallmark initiatives is the annual In the Streets festival, a beloved outdoor celebration that has captivated the local population for over 30 years. This vibrant event features multiple blocks filled with continuous entertainment, live music on various stages, children's activities, delicious food options, and engaging strolling performances.
The festival is a significant cultural draw for both residents and visitors, attracting an average attendance of around 75,000 people. It appeals to diverse age groups, making it a family-friendly environment that encourages participation from young children to adults. Geographically, the event not only serves the local Frederick area but also draws attendees from a wider region, including Washington D.C., Northern Virginia, and parts of nearby Maryland and Pennsylvania.
By providing a platform for cultural engagement and community connection, Celebrate Frederick Inc. significantly contributes to the social fabric of the city, promoting a sense of belonging and enjoyment among its residents and visitors alike.
This information is meant to be a general summary of Celebrate Frederick 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: $6,814
- Program Service Revenue: $67,603
- Gross Receipts: $160,688
Assets and Liabilities:
- Total Assets: $528,458
- Total Liabilities: $875
- Net Assets: $527,583
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VENDOR REVENUE
Revenue
$26,784
BEVERAGES FOR RESALE
Revenue
$23,803
ADMISSIONS
Revenue
$15,866
ADVERTISING
Revenue
$1,150
Organization Details
Founding Year
1998
Phone
(301) 600-2841Principal Officer
Jennifer Martin
Main Address
121 NORTH BENTZ STREET, FREDERICK, MD, 21701
Website
www.celebratefrederick.comNTEE Category
Code: A200 - Arts
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