Overview
What is United Arts Of Central Florida Inc?
United Arts of Central Florida Inc is a nonprofit organization diligently serving the Central Florida community. Based in Orlando, Florida, they adopt a fiscally responsible approach, preparing their budget on a forward-funding model. This method ensures that funds raised during one fiscal year are allocated towards grants and operations in the subsequent year, resulting in either net income or a deficit depending on the timing of funds raised and expenditure. The organization actively raises funds for itself and local arts and cultural organizations through its annual collaborative funding campaign, the largest of its kind in Central Florida. In FY22, they exceeded their goal, securing nearly $5.5 million, thereby unlocking a $500k challenge grant from Orange County, injecting an additional $500k into the arts community. United Arts supports over 80 unique arts, science, and history organizations, providing them with funds, contracts, technical assistance, advocacy, administrative, and advisory services. In FY22, they disbursed nearly $9.7 million in funding through grants, designated giving, and contract service opportunities. Their mission is to enrich communities by investing in art, science, and history, adhering to core values such as trust, professionalism, excellence, inclusion, and leadership.
Official website here: www.unitedartscfl.org
What are the reviews and ratings of this charity?
**: Charity Navigator Rating 84% (Three-Star out of Four Stars)**tar)**
United Arts of Central Florida Inc has received a Three-Star rating from Charity Navigator, indicating a generally positive evaluation of its operations. The 84% score reflects strengths particularly in Accountability & Finance, where it scored 83%. The organization benefits from a fully independent board and demonstrates solid financial practices, evidenced by zero material diversions of assets and a high program expense ratio.
Strengths highlighted include a well-structured governance framework with a 100% independent board and effective financial oversight which showcases its commitment to transparency and accountability. While the organization holds strong in many areas, the Working Capital ratio is notably low at 0.23 years, indicating potential liquidity concerns.
Unfortunately, user reviews from GreatNonprofits could not be retrieved, limiting insights into personal experiences and sentiments about the nonprofit from the community it serves. Overall, United Arts of Central Florida Inc appears to be a responsibly managed organization with notable strengths, although some financial ratios may warrant further attention.
This AI summary has been generated from information found on Charity Navigator.
Is United Arts Of Central Florida Inc legitimate?
United Arts Of Central Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Arts Of Central Florida 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: $332,395
Professional Fundraising Fees: $0
Other Salaries and Wages: $799,620
For more financial information, click here
Official website here: www.unitedartscfl.org
What is the mission statement of United Arts Of Central Florida Inc?
United Arts of Central Florida's mission is centered around enriching communities by investing in art, science, and history. Their core values include trust, professionalism, excellence, inclusion, and leadership. They support over 80 unique organizations by raising and distributing funds, securing contracts, and providing various services. These activities include vital K-12 educational programming, technical assistance, advocacy, administrative support, and advisory services. In the fiscal year 2022, they distributed nearly $9.7 million through grants, designated giving, and contract service opportunities. Their annual collaborative fundraising campaign, the largest in Central Florida, enables donors to support various arts and cultural organizations, with matched donations up to 15%. In the 2022 campaign, they raised over $11.2 million in total support for arts and culture.
Official website here: www.unitedartscfl.org
Who is the CEO of United Arts Of Central Florida Inc?
Jennifer Evins is the CEO of United Arts Of Central Florida Inc The CEO's salary of United Arts Of Central Florida Inc is $214,172 and their total compensation is $232,825.
Official website here: www.unitedartscfl.org
What is the revenue of United Arts Of Central Florida Inc?
United Arts Of Central Florida Inc's revenue in 2024 was $13,553,516.
Official website here: www.unitedartscfl.org
Who are the executives of United Arts Of Central Florida Inc and what are their salaries?
The average compensation at United Arts Of Central Florida Inc during 2024 was $62,890. There are 18 employees and 110 volunteers at United Arts Of Central Florida Inc.
Here are 45 key members and their salaries (United Arts Of Central Florida Inc's CEO's salary is $214,172 and their total compensation is $232,825):
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- Compensation: $214,172
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Official website here: www.unitedartscfl.org
Where can I find the form 990 for United Arts Of Central Florida Inc?
United Arts Of Central Florida Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.unitedartscfl.org
Learn more at the official website: www.unitedartscfl.org
Mission Statement of United Arts Of Central Florida Inc
United Arts of Central Florida, a renowned nonprofit organization, is committed to enriching communities by investing in art, science, and history. Their mission is centered around fostering trust, professionalism, excellence, inclusion, and leadership. In pursuit of this mission, United Arts supports over 80 unique arts, science, and history organizations by raising and distributing funds, securing contracts, and providing administrative and advisory services.
One of their key roles is in financing. They operate under a forward-funding model, which means funds raised during one fiscal year are allocated for grants and operations in the following fiscal year. This model ensures the organization has committed funds each year to fund its annual budget. United Arts also actively raises funds for itself and the region's arts and cultural organizations through its annual collaborative fundraising campaign, the largest of its kind in Central Florida.
In addition to financial support, United Arts offers technical assistance, advocacy, and advisory services to the organizations it supports. During its annual collaborative fundraising campaign, donors have the option to write in the name of any nonprofit arts and cultural organization they wish, and include them in their campaign gift. Donations to these organizations during the campaign are matched at 15% by United Arts. This combined effort helps raise significant funds for the arts community, with United Arts raising over $11.2 million in support of arts and culture in FY22.
In summary, United Arts of Central Florida's mission is to enrich communities by investing in art, science, and history. They achieve this by raising and distributing funds, securing contracts, and providing technical assistance, advocacy, and advisory services to over 80 unique arts, science, and history organizations. Their forward-funding model ensures they have committed funds each year to fund their annual budget, and their annual collaborative fundraising campaign is a significant source of funds for the arts community in Central Florida.
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Impact
July, 2024
United Arts of Central Florida Inc plays a crucial role in enriching communities by investing in art, science, and history. By supporting over 80 unique arts, science, and history organizations, United Arts raises and distributes funds, facilitates contracts for services, provides K-12 educational programming, and offers technical assistance, advocacy, and advisory services. In the fiscal year 2022, they provided nearly $9.7 million in funding through grants, designated giving, and contract service opportunities.
Through their collaborative fundraising campaigns, United Arts actively raises funds for themselves and the region's arts and cultural organizations. Their commitment to a forward-funding model ensures sustainable funding for grants and operations, with over $11.2 million raised in FY22 from various sources, including the private sector, government support, and contracts for services. Their impact is evident in the vibrant arts and cultural community in Central Florida, supported by their core values of trust, professionalism, excellence, inclusion, and leadership.
This information is meant to be a general summary of United Arts Of Central Florida 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 2024.
- Investment Income: $89,168
- Program Service Revenue: $1,532,555
- Gross Receipts: $13,634,008
Assets and Liabilities:
- Total Assets: $7,262,760
- Total Liabilities: $4,741,817
- Net Assets: $2,520,943
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION SERVICES
Revenue
$659,438
CONTRACTED SERVICES
Revenue
$466,925
EXTERNAL GRANTS MGMT
Revenue
$397,692
ORLANDO ARTS MAGAZINE
Revenue
$8,500
Organization Details
Founding Year
1965
Principal Officer
Jennifer Evins
Website
www.unitedartscfl.orgNTEE Category
Code: A120 - Arts
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