Overview
What is Performing Arts Center Inc?
Performing Arts Center Inc, also known as the Highlands Performing Arts Center, is a nonprofit organization situated in Highlands, North Carolina. Their primary objective is to enhance the local community by promoting and showcasing performing arts. With a team of five dedicated individuals, they offer top-notch venues for artistic performances. Their mission is centered around providing a platform for the Highlands-Cashiers community, aiming to enrich their cultural experiences through diverse and high-quality performances.
Official website here: www.highlandsperformingarts.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 30%
The Performing Arts Center Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. While the organization boasts a fully independent board, scoring exceptionally well in that area, it falls short on critical financial transparency measures, such as the absence of financial statements and a whistleblower policy.
Strengths include a strong governance structure with 100% of board members being independent, which is essential for reducing conflicts of interest. However, the nonprofit's overall financial practices are troubling, as evidenced by its low program expense ratio and a lack of fundraising efficiency. These issues suggest that a significant portion of its resources may not be allocated towards its mission effectively.
Furthermore, the nonprofit's financial health raises red flags, illustrated by a dismal liabilities-to-assets ratio and missing important financial documentation. These shortcomings highlight an urgent need for improvement in financial reporting and management practices to enhance accountability and transparency to stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Performing Arts Center Inc?
86% of reviewers on Facebook recommend Performing Arts Center Inc. Here is a summary of their reviews:
While there are only a handful of reviews, the overall sentiment leans positive. Most users appreciate the organization's commitment to the arts and its role in the community. However, one review appears to be unrelated to the nonprofit's services, focusing instead on a financial inquiry, which might not reflect the center's offerings.
In general, Performing Arts Center Inc seems to resonate well with individuals who value arts programs, indicating that it effectively fulfills its mission in promoting artistic endeavors within the community.
This AI summary has been generated from reviews found on Facebook.
Is Performing Arts Center Inc legitimate?
Performing Arts Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Performing Arts Center 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: $80,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $101,704
For more financial information, click here
Official website here: www.highlandsperformingarts.com
What is the mission statement of Performing Arts Center Inc?
The Performing Arts Center Inc's mission is centered around providing superior quality venues and performing arts experiences for its community. Their primary objective is to enrich the cultural landscape by facilitating a wide array of artistic performances. By doing so, they aim to foster an appreciation for the arts and contribute to the overall well-being and growth of the community. Their operations involve managing a performing arts center in an undisclosed location, with the primary focus on promoting artistic events and engaging the local population in these experiences.
Official website here: www.highlandsperformingarts.com
What is the revenue of Performing Arts Center Inc?
Performing Arts Center Inc's revenue in 2023 was $1,444,616.
Official website here: www.highlandsperformingarts.com
Who are the executives of Performing Arts Center Inc and what are their salaries?
The average compensation at Performing Arts Center Inc during 2023 was $45,426. There are 4 employees and 100 volunteers at Performing Arts Center Inc.
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- Compensation: $80,000
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- Other: $1,600
Official website here: www.highlandsperformingarts.com
Where can I find the form 990 for Performing Arts Center Inc?
Performing Arts Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.highlandsperformingarts.com
Learn more at the official website: www.highlandsperformingarts.com
Mission Statement of Performing Arts Center Inc
The Performing Arts Center Inc, a notable entity, is dedicated to serving its community in Highlands and Cashiers by offering top-notch venues and performing arts. Its primary objective is to enrich the local culture by promoting and showcasing various artistic performances. By operating a performing arts center, this organization strives to contribute to the community's artistic growth and appreciation for the performing arts.
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Impact
July, 2024
Performing Arts Center Inc has significantly enriched the cultural landscape of the Highlands - Cashiers community by providing high-quality venues and promoting performing arts in the region. Through its operation of a performing arts center in Highlands, NC, the organization has offered opportunities for artistic expression, entertainment, and education, contributing to the overall well-being and vibrancy of the community. The impact of Performing Arts Center Inc can be seen in the enjoyment, inspiration, and cultural enrichment it has brought to residents and visitors alike.
This information is meant to be a general summary of Performing Arts Center 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: $18,023
- Program Service Revenue: $366,903
- Gross Receipts: $1,462,218
Assets and Liabilities:
- Total Assets: $18,043,816
- Total Liabilities: $1,631,210
- Net Assets: $16,412,606
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Fees
Revenue
$130,774
Concerts Program Revenue
Revenue
$133,622
Building Use Fees
Revenue
$90,341
Live in HD Series
Revenue
$6,816
Educational Theatre Program
Revenue
$5,350
Organization Details
Founding Year
1999
Principal Officer
Debbie Bock
NTEE Category
Code: A65 - Arts
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