Overview
What is Chowan Arts Council Inc?
Chowan Arts Council Inc, based on the provided information, is a nonprofit organization dedicated to fostering and promoting the arts. They achieve this through the sponsorship of various artistic events such as concerts, workshops, and exhibits, ensuring these activities are accessible to the general public. Their primary mission revolves around the promotion of art, using their resources to enrich and engage their community.
Official website here: www.chowanarts.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36%
Chowan Arts Council Inc has received a low rating of 36%, equating to a Zero-Star out of Four Stars designation. This score reflects significant concerns regarding the charity's financial health and accountability practices. While the organization benefits from a fully independent board and proper documentation of board meeting minutes, it faces serious shortcomings in key areas such as policy implementation and financial ratios.
The organization has a perfect score in governance aspects like board independence and material diversion of assets, indicating a solid structure in those areas. However, it lacks essential policies, including conflict of interest and whistleblower protections, which are crucial for transparency and ethical operations. Additionally, the absence of publicly available financial documents on its website raises red flags about its commitment to accountability.
Financially, Chowan Arts Council shows a concerning program expense ratio of only 39.09%, suggesting that a significant portion of its expenses may not be directed toward its programs. The organization's liabilities to assets ratio of 36.60% further indicates potential financial instability. Overall, while there are strengths in governance, the charity must address its transparency and financial management issues to improve its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Chowan Arts Council Inc legitimate?
Chowan Arts Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chowan Arts Council 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: $73,758
For more financial information, click here
Official website here: www.chowanarts.com
What is the mission statement of Chowan Arts Council Inc?
The Chowan Arts Council Inc's mission revolves around promoting the arts. They accomplish this by organizing concerts, workshops, and exhibits that are accessible to the public. The primary focus of their activities is to foster an appreciation for the arts within the community. By sponsoring these events, they aim to make the arts more accessible and enjoyable for a wider audience.
Official website here: www.chowanarts.com
What is the revenue of Chowan Arts Council Inc?
Chowan Arts Council Inc's revenue in 2023 was $143,316.
Official website here: www.chowanarts.com
Who are the executives of Chowan Arts Council Inc and what are their salaries?
The average compensation at Chowan Arts Council Inc during 2023 was $12,293. There are 6 employees at Chowan Arts Council Inc.
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Official website here: www.chowanarts.com
Where can I find the form 990 for Chowan Arts Council Inc?
Chowan Arts Council Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.chowanarts.com
Learn more at the official website: www.chowanarts.com
Mission Statement of Chowan Arts Council Inc
The Chowan Arts Council Inc is an organization dedicated to the promotion of arts. Their mission is to sponsor various events and initiatives related to the arts, making them accessible to the general public. These events include concerts, workshops, and exhibitions, all aimed at fostering an appreciation and engagement with the arts. By hosting these events, the Chowan Arts Council Inc actively contributes to the community's cultural landscape, providing opportunities for enjoyment and education in the realm of arts.
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Impact
October, 2024
Chowan Arts Council Inc significantly enriches the cultural landscape of Edenton, NC, through its dedicated promotion of the arts. By sponsoring a variety of concerts, workshops, and exhibits, the organization provides valuable opportunities for artistic expression and community engagement. These events are accessible to the general public, fostering an appreciation for diverse art forms and encouraging creative participation among residents. Their efforts not only highlight local talent but also enhance community cohesion and awareness of the arts, making Edenton a vibrant hub for cultural activities. The Chowan Arts Council Inc plays a vital role in nurturing the artistic community, inspiring individuals, and enhancing the overall quality of life in the region.
This information is meant to be a general summary of Chowan Arts Council 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.
- Investment Income: $399
- Program Service Revenue: $23,664
- Gross Receipts: $217,823
Assets and Liabilities:
- Total Assets: $497,589
- Total Liabilities: $176,865
- Net Assets: $320,724
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP INCOME
Revenue
$23,664
Organization Details
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