Overview
What is The Foundation Of Arts Of Nea Inc?
The Foundation of Arts of Nea Inc., located in Jonesboro, Arkansas, is a nonprofit organization that strives to enrich the community's lifestyle by promoting the arts. They offer various artistic programs, such as theater productions, music lessons, and art instruction, aiming to foster a deeper appreciation and comprehension of artistic expressions. This mission is in line with their goal to improve the overall quality of life within their community. The organization employs 45 individuals, dedicated to fulfilling their artistic-focused mission.
Official website here: www.foajonesboro.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
The Foundation of Arts of Nea Inc has received a 56% rating from Charity Navigator, indicating significant concerns regarding its financial health and accountability. While the organization demonstrates strong governance practices with an independent board and comprehensive policies, it falls short in key financial metrics, particularly with a low program expense ratio and a high liabilities to assets ratio.
Strengths of the organization include its transparency in governance, with all board members being independent and policies in place for conflicts of interest and whistleblowing. However, the absence of its tax form on the nonprofit's website is a notable drawback, along with a weak program expense ratio which suggests that a significant portion of its budget may not be allocated towards its programs and services.
Overall, while the Foundation of Arts of Nea Inc has established solid governance structures, the financial indicators raise concerns about its operational effectiveness and sustainability. Prospective donors and stakeholders may want to consider these factors before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Foundation Of Arts Of Nea Inc?
96% of 248 reviewers on Facebook recommend The Foundation Of Arts Of Nea Inc. Here is a summary of their reviews:
Many individuals express their appreciation for the vibrant arts programs offered by the nonprofit, highlighting how fortunate they feel to have such resources in their community. Reviewers note the positive impact these initiatives have on both participants and the wider community, emphasizing the value of creativity and expression fostered through the foundation’s efforts.
Overall, the sentiment surrounding this organization is overwhelmingly positive, with users celebrating the enriching experiences it provides. The foundation clearly resonates with its audience, successfully fulfilling its mission to promote the arts.
This AI summary has been generated from reviews found on Facebook.
Is The Foundation Of Arts Of Nea Inc legitimate?
The Foundation Of Arts Of Nea Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation Of Arts Of Nea 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: $379,771
For more financial information, click here
Official website here: www.foajonesboro.org
What is the mission statement of The Foundation Of Arts Of Nea Inc?
The Foundation of Arts of Nea Inc's mission is centered around enhancing the quality of life within the community. They achieve this goal through the medium of arts, offering various programs such as theatrical productions, music lessons, and art instruction. These initiatives aim to foster a deeper appreciation and understanding of the arts within the community.
Official website here: www.foajonesboro.org
What is the revenue of The Foundation Of Arts Of Nea Inc?
The Foundation Of Arts Of Nea Inc's revenue in 2023 was $767,956.
Official website here: www.foajonesboro.org
Who are the executives of The Foundation Of Arts Of Nea Inc and what are their salaries?
The average compensation at The Foundation Of Arts Of Nea Inc during 2023 was $8,631. There are 44 employees and 1550 volunteers at The Foundation Of Arts Of Nea Inc.
Here are 12 key members and their salaries:
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Official website here: www.foajonesboro.org
Where can I find the form 990 for The Foundation Of Arts Of Nea Inc?
The Foundation Of Arts Of Nea Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.foajonesboro.org
Learn more at the official website: www.foajonesboro.org
Mission Statement of The Foundation Of Arts Of Nea Inc
The Foundation of Arts of Nea Inc is committed to enhancing the overall quality of life in the community by fostering a deeper appreciation and understanding of the arts. This nonprofit organization achieves its mission through various programs, including theatrical productions, music instruction, and art classes. By offering these initiatives, The Foundation of Arts of Nea Inc aims to engage the region and provide opportunities for individuals to connect with and appreciate the arts on a more profound level.
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Impact
July, 2024
The Foundation of Arts of NEA Inc plays a crucial role in enhancing the quality of life in Jonesboro, Arkansas through its diverse arts programs. By offering theatrical productions, music, and art instruction, this organization fosters a better appreciation and understanding of the arts within the region. Through its mission to enrich the community through creative expression, The Foundation of Arts of NEA Inc is making a lasting impact on the cultural landscape of Jonesboro.
This information is meant to be a general summary of The Foundation Of Arts Of Nea 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: $65
- Program Service Revenue: $466,231
- Gross Receipts: $780,497
Assets and Liabilities:
- Total Assets: $364,497
- Total Liabilities: $24,810
- Net Assets: $339,687
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATIONAL
Revenue
$224,702
PRODUCTIONS
Revenue
$180,140
SALES/MERCHANDISE
Revenue
$40,898
OUTREACH INCOME
Revenue
$15,534
FACILTY RENTALS
Revenue
$4,957
Organization Details
Founding Year
1986
Principal Officer
Dana Kelley
Website
www.foajonesboro.orgNTEE Category
Code: A26 - Arts
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