Overview
What is Community Concerts Of Fayetteville Incorporated?
Community Concerts of Fayetteville Incorporated, established in 1935, is a long-standing, primarily volunteer-based, non-profit organization situated in Fayetteville, North Carolina. With a mission to foster community involvement and cultivate interest in music, the organization brings top-notch entertainment to the city. As part of its commitment, Community Concerts awards annual college music scholarships to talented local high school graduates, thereby encouraging musical growth within the community. With a small team of just two employees, this esteemed organization continues to contribute to the cultural enrichment and educational opportunities in Fayetteville.
Official website here: www.community-concerts.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (69%, Two-Star out of Four Star rating)
Community Concerts Of Fayetteville Incorporated has a strong performance in accountability and finance, earning a perfect score of 100% in this area. The organization demonstrates effective governance with an independent board comprising 86% independent members. Additionally, it maintains a healthy liabilities to assets ratio of 1.74% and allocates 97.27% of its expenses directly to its programs, indicating a commitment to its mission.
However, the organization faces significant challenges in transparency, as it lacks essential financial documentation such as financial statements and a posted tax form on its website. The absence of a conflict of interest policy, whistleblower policy, and document retention policy further highlights areas in need of improvement. These shortcomings contribute to its overall two-star rating, which reflects a need for enhanced governance practices.
To enhance its standing and better serve its community, Community Concerts Of Fayetteville should prioritize the development of crucial policies and ensure that financial information is readily accessible to stakeholders. Addressing these issues will not only improve its rating but also build trust among supporters and beneficiaries.
This AI summary has been generated from information found on Charity Navigator.
Is Community Concerts Of Fayetteville Incorporated legitimate?
Community Concerts Of Fayetteville Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Concerts Of Fayetteville Incorporated 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: $28,477
For more financial information, click here
Official website here: www.community-concerts.com
What is the mission statement of Community Concerts Of Fayetteville Incorporated?
Community Concerts Of Fayetteville Incorporated, established in 1935, is a primarily volunteer, non-profit organization with a mission to bring top-notch entertainment to its community. Their goal is to foster a sense of community involvement and stimulate interest in music. Each year, they award college music scholarships to promising local high school graduates as another aspect of their mission.
Official website here: www.community-concerts.com
Who is the CEO of Community Concerts Of Fayetteville Incorporated?
William B Kirby Jr is the President of Community Concerts Of Fayetteville Incorporated.
Official website here: www.community-concerts.com
What is the revenue of Community Concerts Of Fayetteville Incorporated?
Community Concerts Of Fayetteville Incorporated's revenue in 2023 was $610,343.
Official website here: www.community-concerts.com
Who are the executives of Community Concerts Of Fayetteville Incorporated and what are their salaries?
The average compensation at Community Concerts Of Fayetteville Incorporated during 2023 was $14,238. There are 2 employees and 13 volunteers at Community Concerts Of Fayetteville Incorporated.
Here are 15 key members and their salaries:
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- Compensation: $15,432
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Official website here: www.community-concerts.com
Where can I find the form 990 for Community Concerts Of Fayetteville Incorporated?
Community Concerts Of Fayetteville Incorporated's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.community-concerts.com
Learn more at the official website: www.community-concerts.com
Mission Statement of Community Concerts Of Fayetteville Incorporated
Community Concerts of Fayetteville Incorporated, established in 1935, is the city's oldest art organization. This primarily volunteer, non-profit entity aims to bring top-notch entertainment to the community, serving as a platform to foster engagement and cultivate interest in music. One of its significant initiatives involves awarding college music scholarships annually to promising local high school graduates. By doing so, Community Concerts of Fayetteville Incorporated not only contributes to the enrichment of the community through entertainment but also invests in the future of local talent.
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Impact
July, 2024
Community Concerts Of Fayetteville Incorporated has had a significant impact on the cultural and educational landscape of Fayetteville. Since 1935, this organization has been dedicated to bringing top-notch entertainment to the community, fostering a love for music, and building community involvement. Through their efforts, they have provided opportunities for local high school graduates to pursue their passion for music by awarding college music scholarships annually. By hosting a variety of performances and supporting aspiring musicians, Community Concerts Of Fayetteville has enriched the lives of many residents and contributed to the development of artistic talent in the area.
This information is meant to be a general summary of Community Concerts Of Fayetteville Incorporated. 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: $58
- Program Service Revenue: $538,675
- Gross Receipts: $610,343
Assets and Liabilities:
- Total Assets: $75,835
- Total Liabilities: $1,321
- Net Assets: $74,514
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$538,675
Organization Details
Founding Year
1956
Phone
(910) 484-6491Principal Officer
William B Kirby Jr
Main Address
PO BOX 53932, FAYETTEVILLE, NC, 28305
Website
www.community-concerts.comNTEE Category
Code: A68 - Arts
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