Overview
What is Community Arts Center Foundation Inc?
Community Arts Center Foundation Inc, commonly known as The Prizery, is a nonprofit organization situated in the heart of downtown South Boston, Virginia. The Prizery operates out of a renovated warehouse, offering a welcome center, a performing arts theatre, an art gallery, classrooms, and a large space for community functions. The organization's mission is to enrich the lives of the people it serves by providing inspiring, educational, and entertaining arts and cultural experiences. With a team of five dedicated individuals, The Prizery strives to uplift its community through the power of arts and culture.
Official website here: www.prizery.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
The Community Arts Center Foundation Inc has received a solid rating of 83%, indicating a fair level of accountability and finance management. This score is primarily based on the organization's commitment to transparency and effective governance, as it boasts a board composed entirely of independent members and demonstrates no material diversion of assets. Overall, these factors contribute positively to the foundation's reputation for fiscal responsibility.
Strengths highlighted include a high program expense ratio of approximately 81%, suggesting that a significant portion of its budget is allocated to its mission-driven programs. The organization has also shown diligence in maintaining essential policies such as conflict of interest and documenting board meeting minutes, further showcasing its commitment to ethical governance. However, it is noted that the foundation is lacking in its whistleblower and document retention policies, which could be areas for improvement.
While the overall performance of the Community Arts Center Foundation Inc reflects a strong commitment to accountability, the missing policies indicate a need for more comprehensive governance practices. Ensuring that these policies are in place could strengthen the organization’s standing and trust among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Community Arts Center Foundation Inc legitimate?
Community Arts Center Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Arts Center 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $167,437
For more financial information, click here
Official website here: www.prizery.com
What is the mission statement of Community Arts Center Foundation Inc?
The Community Arts Center Foundation, commonly known as The Prizy, has a mission to improve the lives of the people it serves through artistic and cultural experiences that inspire, educate, and entertain. By operating out of a renovated warehouse, the center provides a welcome center, a performing arts theater, an art gallery, classrooms, and a large space for community functions, all contributing to its mission. The community arts center aims to enrich lives and foster a sense of creativity and learning through diverse artistic events and exhibitions.
Official website here: www.prizery.com
Who is the CEO of Community Arts Center Foundation Inc?
Jamie Brown is the President of Community Arts Center Foundation Inc.
Official website here: www.prizery.com
What is the revenue of Community Arts Center Foundation Inc?
Community Arts Center Foundation Inc's revenue in 2022 was $458,077.
Official website here: www.prizery.com
Who are the executives of Community Arts Center Foundation Inc and what are their salaries?
The average compensation at Community Arts Center Foundation Inc during 2022 was $33,487. There are 5 employees and 50 volunteers at Community Arts Center Foundation Inc.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.prizery.com
Where can I find the form 990 for Community Arts Center Foundation Inc?
Community Arts Center Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.prizery.com
Learn more at the official website: www.prizery.com
Mission Statement of Community Arts Center Foundation Inc
The Community Arts Center Foundation, commonly known as The Prizery, is committed to enriching the lives of the people it serves through engaging, educational, and entertaining arts and cultural experiences. Their mission is to serve as a catalyst for personal growth and community development, inspiring individuals and fostering a sense of unity and appreciation for the arts. By offering a variety of programs and events, The Prizery aims to broaden horizons, promote learning, and provide a platform for self-expression and enjoyment. The organization's initiatives are designed to tap into the creative potential of its audience, encouraging exploration, understanding, and celebration of diverse artistic perspectives.
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Impact
July, 2024
Community Arts Center Foundation Inc, also known as The Prizery, enhances the quality of life for the people it reaches through arts and cultural experiences that inspire, educate, and entertain. By operating a renovated warehouse in downtown South Boston, Virginia, The Prizery provides a space for a welcome center, a performing arts theatre, an art gallery, classrooms, and a large space for community functions. Through its activities and events, The Prizery has a significant impact on the local community by fostering creativity, promoting cultural understanding, and providing opportunities for artistic expression and enrichment.
This information is meant to be a general summary of Community Arts Center 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.
- Investment Income: $415
- Program Service Revenue: $206,228
- Gross Receipts: $458,077
Assets and Liabilities:
- Total Assets: $475,979
- Total Liabilities: $9,065
- Net Assets: $466,914
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ART CONSIGNMENT SALES
Revenue
$16,640
ART GALA
Revenue
$27,105
FACILITIES RENTAL
Revenue
$32,480
TICKET SALES
Revenue
$48,208
TUITION/CLASSES
Revenue
$49,424
Organization Details
Founding Year
1996
Phone
(434) 572-8339Principal Officer
Jamie Brown
Main Address
700 BRUCE STREET, SOUTH BOSTON, VA, 24592
Website
www.prizery.comNTEE Category
Code: A200 - Arts
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