Overview
What is Embassy Cultural Center Foundation Inc?
The Embassy Cultural Center Foundation Inc, situated in historic downtown Henderson, North Carolina, serves as a nonprofit cultural and economic catalyst, aiming to enhance the region. Their mission is to offer a platform for communities to engage in education, arts, and entertainment. They achieve this by celebrating diversity through a range of artistic and educational opportunities centered around McGregor Hall. The foundation fosters inclusivity, teamwork, collaboration, and partnerships, while also upholding integrity by listening and responding, and striving for excellence in artistic and educational programs. They practice responsible stewardship of their resources, thereby creating and seizing opportunities to enrich their community.
Official website here: www.mcgregorhall.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 Stars (44%)
The Embassy Cultural Center Foundation Inc has received a low rating of 44%, corresponding to a Zero-Star out of Four Stars designation. This rating primarily reflects concerns related to Accountability and Finance, which is crucial for potential donors assessing the financial health and operational integrity of the organization. The foundation excels in certain areas, such as having an independent board and robust audit processes, but falls short in key governance policies.
Strengths of the organization include a fully independent board and effective financial oversight, which indicate a commitment to accountability in some aspects of their operations. However, significant weaknesses are present, particularly the absence of critical policies like a conflict of interest policy and a whistleblower policy. Additionally, the organization shows low program expense efficiency, with only 19.07% of expenses directed toward program activities.
Overall, while the Embassy Cultural Center Foundation has a competent board structure and financial oversight, the lack of essential governance policies and low program expense ratio raises concerns about its operational effectiveness and transparency. Prospective donors should carefully consider these factors before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Embassy Cultural Center Foundation Inc legitimate?
Embassy Cultural Center Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Embassy Cultural 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: $55,900
For more financial information, click here
Official website here: www.mcgregorhall.org
What is the mission statement of Embassy Cultural Center Foundation Inc?
The Embassy Cultural Center Foundation's mission is to offer the communities around it a platform for education, arts, and entertainment. They strive to create an inclusive environment, fostering relationships through collaboration and partnerships. With a vision to see what can be and making it a reality, the foundation seizes opportunities and listens to respond with integrity. They also prioritize excellence by supporting innovative artistic and educational programs, and practicing responsible stewardship of their human, physical, and financial resources.
Official website here: www.mcgregorhall.org
Who is the CEO of Embassy Cultural Center Foundation Inc?
Mark Hopper is the Chairman of Embassy Cultural Center Foundation Inc.
Official website here: www.mcgregorhall.org
What is the revenue of Embassy Cultural Center Foundation Inc?
Embassy Cultural Center Foundation Inc's revenue in 2021 was $618,357.
Official website here: www.mcgregorhall.org
Who are the executives of Embassy Cultural Center Foundation Inc and what are their salaries?
The average compensation at Embassy Cultural Center Foundation Inc during 2021 was $7,986. There are 7 employees at Embassy Cultural Center Foundation Inc.
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Official website here: www.mcgregorhall.org
Where can I find the form 990 for Embassy Cultural Center Foundation Inc?
Embassy Cultural Center Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.mcgregorhall.org
Learn more at the official website: www.mcgregorhall.org
Mission Statement of Embassy Cultural Center Foundation Inc
The Embassy Cultural Center Foundation serves as a catalyst for education, arts, and entertainment in various communities. Established with the mission to enrich its region, this nonprofit organization strives to provide a welcoming and inclusive environment for all, fostering relationships through collaboration and teamwork. It seeks opportunities, listens and responds with integrity, and supports innovative artistic and educational programs with excellence, practicing responsible stewardship of its human, physical, and financial resources. In essence, the Embassy Cultural Center Foundation aims to offer communities a platform for experiencing education and culture, enriching their lives through a diverse range of artistic and educational opportunities.
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Impact
July, 2024
The Embassy Cultural Center Foundation Inc serves as a cultural and economic catalyst in historic downtown Henderson, North Carolina. It enriches the region by celebrating the diversity of the community through artistic and educational opportunities centered around McGregor Hall. The foundation accomplishes its mission by fostering inclusivity, nurturing relationships through collaboration and partnerships, envisioning possibilities and transforming them into reality, operating with integrity by listening and responding to the community's needs, and promoting excellence through innovative artistic and educational programs. By providing a space for education, arts, and entertainment, the Embassy Cultural Center Foundation positively impacts Henderson and surrounding communities.
This information is meant to be a general summary of Embassy Cultural 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 2021.
- Investment Income: $2,373
- Program Service Revenue: $78,728
- Gross Receipts: $618,357
Assets and Liabilities:
- Total Assets: $9,676,061
- Total Liabilities: $2,834,688
- Net Assets: $6,841,373
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MCGREGOR HALL PERFORMI
Revenue
$78,728
Organization Details
Founding Year
2000
Phone
(252) 438-7141Principal Officer
Mark Hopper
Main Address
PO BOX 1333, HENDERSON, NC, 27536
Website
www.mcgregorhall.orgNTEE Category
Code: B70 - Education
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