Overview
What is Floyd Community Center For The Arts?
The Floyd Community Center For The Arts, located at 220 Parkway Lane South STE 1, Floyd, VA 24091, is a vibrant nonprofit organization dedicated to fostering artistic expression and education within their rural community. Through a variety of classes, workshops, open studio sessions, and lectures, they offer adults an extensive range of opportunities to explore various art media. Their mission is twofold: firstly, to promote and exhibit artistic talents, and secondly, to extend art education within their locality and beyond. With a team of 11 dedicated individuals, the Center is committed to nurturing creativity and cultural growth in their region.
Official website here: www.floydartcenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Stars)
Floyd Community Center for the Arts has earned a commendable Four-Star rating from Charity Navigator, with a score of 93%. This rating reflects strong accountability and financial management practices, as the organization has achieved perfect scores in several areas, including having a fully independent board and a solid liabilities to assets ratio of 11.52%. Their transparency is highlighted by listed whistleblower and conflict of interest policies, ensuring ethical governance.
The organization demonstrates a commitment to using its funds effectively, with a program expense ratio of 66.83%. This indicates that a significant portion of their expenses is directed toward their programs, which is a positive sign for potential donors concerned about the impact of their contributions. The detailed financial practices and oversight by an independent board further enhance the organization's credibility.
However, while the core financial metrics are strong, the program expense ratio could be improved to reach the optimal range suggested by Charity Navigator. Overall, Floyd Community Center for the Arts shows a robust financial performance and a commitment to transparency, making it a trustworthy option for donors interested in supporting the arts.
This AI summary has been generated from information found on Charity Navigator.
Is Floyd Community Center For The Arts legitimate?
Floyd Community Center For The Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Floyd Community Center For The Arts 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: $55,208
Professional Fundraising Fees: $0
Other Salaries and Wages: $109,345
For more financial information, click here
Official website here: www.floydartcenter.org
What is the mission statement of Floyd Community Center For The Arts?
The Floyd Community Center for the Arts is committed to promoting and showcasing artistic pursuits and creativity. Its mission is to offer artistic education within the rural community and its surrounding regions. The center accomplishes this by providing a variety of learning opportunities in various art media through classes, workshops, open studio sessions, and lectures, thereby fostering an environment that nurtures artistic growth and development.
Official website here: www.floydartcenter.org
What is the revenue of Floyd Community Center For The Arts?
Floyd Community Center For The Arts's revenue in 2023 was $374,937.
Official website here: www.floydartcenter.org
Who are the executives of Floyd Community Center For The Arts and what are their salaries?
The average compensation at Floyd Community Center For The Arts during 2023 was $20,569. There are 8 employees and 105 volunteers at Floyd Community Center For The Arts.
Here are 20 key members and their salaries:
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Official website here: www.floydartcenter.org
Where can I find the form 990 for Floyd Community Center For The Arts?
Floyd Community Center For The Arts's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.floydartcenter.org
Learn more at the official website: www.floydartcenter.org
Mission Statement of Floyd Community Center For The Arts
The Floyd Community Center for the Arts is committed to promoting and showcasing artistic pursuits, as well as fostering creativity within its rural community and surrounding regions. At its core, its mission is to offer educational opportunities in various art forms, providing classes, workshops, open studio sessions, and lectures for adults. By doing so, the center aims to encourage artistic growth and development within its community, thereby enriching the cultural landscape.
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Impact
July, 2024
Floyd Community Center For The Arts plays a crucial role in facilitating and showcasing artistic endeavors and creativity in the rural community and region. Through its educational programming for adults in various art forms such as classes, workshops, open studio sessions, and lectures, the center is helping to enrich the community's cultural landscape and provide opportunities for individuals to explore and develop their artistic talents. The impact of this organization extends beyond just the individuals directly involved, as it contributes to the overall cultural vibrancy and growth of the community.
This information is meant to be a general summary of Floyd Community Center For The Arts. 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: $3,389
- Program Service Revenue: $100,147
- Gross Receipts: $374,937
Assets and Liabilities:
- Total Assets: $1,119,528
- Total Liabilities: $128,986
- Net Assets: $990,542
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Education
Revenue
$39,226
Rental
Revenue
$20,918
Sales
Revenue
$10,171
Concerts and events
Revenue
$29,791
Organization Details
Founding Year
1995
Principal Officer
Keela Marshall
Website
www.floydartcenter.orgNTEE Category
Code: A40 - Arts
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