Overview
What is Festival In The Park Of Danville Inc?
Festival In The Park Of Danville Inc is a not-for-profit organization situated in Danville, Virginia. Their primary objective is to encourage and showcase artistic talents by providing a platform for both professional and amateur artists, craftsmen, and entertainers. This annual event, marking the arrival of spring, serves as a celebration to promote local crafts and artistic creations produced by local artists, thereby raising community awareness of their artistic endeavors. The organization's mission is deeply rooted in this celebration, aiming to bring joy and appreciation for the creative spirit within their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating reflects the organization’s current financial health and governance practices. Despite a relatively high accountability and finance score, the overall rating indicates that there are notable areas for improvement, particularly in governance policies and transparency.
Festival In The Park Of Danville Inc has demonstrated strengths in its financial operations, with a program expense ratio of 98.77%, indicating that nearly all funds are dedicated to its programs. Additionally, the organization boasts a fully independent board and a commendable liabilities to assets ratio of 0.00%, showcasing solid fiscal responsibility and effective governance structure.
However, the organization has significant weaknesses in governance policies, as it lacks essential documents such as a conflict of interest policy, whistleblower policy, and guidelines for document retention. Furthermore, the nonprofit's website is not listed on its tax form, which affects its transparency. Addressing these shortcomings could enhance its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Festival In The Park Of Danville Inc legitimate?
Festival In The Park Of Danville Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Festival In The Park Of Danville 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Festival In The Park Of Danville Inc?
Festival In The Park Of Danville Inc's mission is centered around promoting community awareness of local crafts and artistic creations. This is achieved through an annual celebration marking the arrival of spring. The event serves as a platform to encourage and support the artistic endeavors of both professional and amateur artists, craftsmen, and entertainers. The primary objective is to showcase the diverse talents of local artists, thereby fostering a sense of appreciation and support for the local art scene.
What is the revenue of Festival In The Park Of Danville Inc?
Festival In The Park Of Danville Inc's revenue in 2023 was $55,049.
Who are the executives of Festival In The Park Of Danville Inc and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for Festival In The Park Of Danville Inc?
Festival In The Park Of Danville Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Festival In The Park Of Danville Inc
Festival In The Park Of Danville Inc, a renowned organization, is committed to fostering community awareness about local crafts and artistic creations. This is achieved through an annual celebration marking the arrival of the spring season. The primary mission of this nonprofit is to promote and encourage the practice of arts among both professional and amateur artists, craftsmen, and entertainers. By hosting this event, Festival In The Park Of Danville Inc aims to shine a spotlight on the talented local artists, providing them with a platform to showcase their work and connect with their community.
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Impact
August, 2024
Festival In The Park Of Danville Inc's impact is evident in its promotion of community awareness of local crafts and artistic creations made by local artists through a celebration of the arrival of the spring season. By organizing an annual event that encourages and promotes the practice of the arts by professional and amateur artists, craftsmen, and entertainers, the organization plays a vital role in fostering creativity and showcasing local talent in Danville, VA. Through its mission to promote community awareness of local crafts and artistic creations, Festival In The Park Of Danville Inc significantly contributes to the cultural enrichment and artistic development of the local community.
This information is meant to be a general summary of Festival In The Park Of Danville 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.
- Program Service Revenue: $48,633
- Gross Receipts: $79,893
Assets and Liabilities:
- Total Assets: $40,298
- Total Liabilities: $0
- Net Assets: $40,298
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIPS
Revenue
$25,750
WRISTBANDS
Revenue
$9,727
RACE
Revenue
$4,085
FOOD VENDORS
Revenue
$3,400
FIP COMMERCIAL EXHIBIT
Revenue
$2,700
Organization Details
Founding Year
1974
Principal Officer
Debra Dockery
NTEE Category
Code: A200 - Arts
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