Overview
What is Marlboro Civic Center Foundation?
The Marlboro Civic Center Foundation is a nonprofit organization situated in Bennettsville, South Carolina (SC 29512). Its primary mission is the continuous operation and restoration of the Marlboro Civic Center Facility, transforming a once-dilapidated historic opera house into a multifunctional building. This renovated space serves as a source of enjoyment and arts education for the citizens of Marlboro County, South Carolina. The foundation employs a team of five individuals dedicated to fulfilling its mission.
Official website here: www.marlborociviccenter.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Overall Score: 71%, Two-Star out of Four Star Rating)
The Marlboro Civic Center Foundation currently holds a two-star rating from Charity Navigator, indicating a need for improvement in several key areas of accountability and finance. The organization demonstrates a solid commitment to governance, with all board members being independent and a low material diversion of assets. However, there are significant gaps in policy documentation, such as the absence of a conflict of interest policy, whistleblower policy, and document retention policy, which can raise concerns about transparency.
Financially, the foundation shows a healthy liabilities to assets ratio at 0.16% and a program expense ratio of 65.98%, suggesting that a good portion of its spending is directed towards its programs. While these figures indicate some strength in financial management, the overall lack of essential governance policies detracts from the organization's rating and could impact stakeholder confidence.
Overall, while the Marlboro Civic Center Foundation appears to be effectively managing its financial responsibilities, the absence of key policies and transparency measures presents areas for improvement. Addressing these shortcomings could enhance their operational integrity and stakeholder trust moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Marlboro Civic Center Foundation legitimate?
Marlboro Civic Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marlboro Civic Center Foundation 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: $36,766
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,404
For more financial information, click here
Official website here: www.marlborociviccenter.com
What is the mission statement of Marlboro Civic Center Foundation?
The Marlboro Civic Center Foundation's mission is centered around restoring a historically significant yet deteriorated opera house. Once restored, this multi-purpose building will be utilized for the benefit of the local community. The foundation's primary objective is to operate this renovated facility, providing a platform for the enjoyment and advancement of the arts and arts education for the citizens of Marlboro County. The continuous operation of the Marlboro Civic Center Facility is a key focus, with the aim of catering to the artistic needs and education of the local population.
Official website here: www.marlborociviccenter.com
Who is the CEO of Marlboro Civic Center Foundation?
Mac Mclaurin is the Treasurer of Marlboro Civic Center Foundation.
Official website here: www.marlborociviccenter.com
What is the revenue of Marlboro Civic Center Foundation?
Marlboro Civic Center Foundation's revenue in 2022 was $608,774.
Official website here: www.marlborociviccenter.com
Who are the executives of Marlboro Civic Center Foundation and what are their salaries?
The average compensation at Marlboro Civic Center Foundation during 2022 was $13,034. There are 5 employees at Marlboro Civic Center Foundation.
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Official website here: www.marlborociviccenter.com
Where can I find the form 990 for Marlboro Civic Center Foundation?
Marlboro Civic Center Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.marlborociviccenter.com
Learn more at the official website: www.marlborociviccenter.com
Mission Statement of Marlboro Civic Center Foundation
The Marlboro Civic Center Foundation is dedicated to the restoration of a historic opera house, which is currently in a state of disrepair. Their mission is to transform this dilapidated building into a multi-purpose facility, serving the community of Marlboro County, South Carolina. Upon completion, the renovated opera house will provide a venue for the enjoyment of arts and arts education for the local citizens. The Foundation continues to operate the Marlboro Civic Center Facility, ensuring its ongoing restoration and maintenance for the betterment of the community.
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Impact
July, 2024
The Marlboro Civic Center Foundation has revitalized a once dilapidated historic opera house, transforming it into a versatile multi-purpose facility for the community of Marlboro County, South Carolina. Through its ongoing restoration efforts, the Foundation has created a hub for arts and cultural activities, providing a platform for artistic expression, entertainment, and arts education. By preserving and repurposing this architectural gem, the Foundation has significantly enriched the cultural landscape of the region, offering residents and visitors alike a space to appreciate and engage with the arts.
This information is meant to be a general summary of Marlboro Civic Center Foundation. 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: $5,652
- Gross Receipts: $608,774
Assets and Liabilities:
- Total Assets: $1,261,723
- Total Liabilities: $2,536
- Net Assets: $1,259,187
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Organization Details
Founding Year
1989
Phone
(843) 454-9496Principal Officer
Mac Mclaurin
Main Address
PO Box 1, Bennettsville, SC, 29512
Website
www.marlborociviccenter.comNTEE Category
Code: A80 - Arts
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