Overview
What is Coconut Grove Arts & Historical Assoc Inc F/K/A Coconut Grove Arts?
The Coconut Grove Arts & Historical Assoc Inc, formerly known as Coconut Grove Arts, is a nonprofit organization situated in Coconut Grove, Florida. Their primary mission is to champion the arts, fulfilling this objective by sponsoring and organizing the Coconut Grove Arts festival. Acting as an arts council/agency within the community, they contribute significantly to the local artistic landscape.
Official website here: www.coconutgroveartsfest.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 88%, Three-Star out of Four Star rating.
The Coconut Grove Arts & Historical Association has received an overall score of 88%, primarily based on its strong accountability and finance practices. The organization has achieved an exceptional score in several areas, such as having a fully independent board and maintaining a low ratio of liabilities to assets. However, it does have some missing policies, such as a whistleblower policy and document retention guidelines, which could be areas for improvement in governance practices.
User feedback highlights the association's significant contribution to the arts through its annual Coconut Grove Arts Festival, recognized as one of the top ten art festivals in the nation. This festival not only showcases a diverse array of artists but also serves as a community event that attracts over 150,000 attendees each year, fostering family connections and offering opportunities for children, particularly those with disabilities.
Overall, the Coconut Grove Arts & Historical Association is well-regarded for its financial practices and community engagement through arts programming. While there are some governance policies to address, its successful initiatives, particularly the arts festival, underline its positive impact on the local community and the arts sector.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Coconut Grove Arts & Historical Assoc Inc F/K/A Coconut Grove Arts legitimate?
Coconut Grove Arts & Historical Assoc Inc F/K/A Coconut Grove Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coconut Grove Arts & Historical Assoc Inc F/K/A Coconut Grove Arts 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: $50,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,955
For more financial information, click here
Official website here: www.coconutgroveartsfest.com
What is the mission statement of Coconut Grove Arts & Historical Assoc Inc F/K/A Coconut Grove Arts?
The Coconut Grove Arts & Historical Assoc Inc, formerly known as Coconut Grove Arts, has a mission to promote the arts. They accomplish this by sponsoring and organizing the Coconut Grove Arts festival and acting as an arts council/agency in a specific location. Their primary goal is to foster the arts community and provide a platform for artistic expression. The association aims to support local artists and contribute to the cultural enrichment of the community. By organizing the annual arts festival, they provide a space for artists to showcase their work and engage with the public, thereby encouraging the appreciation and understanding of various art forms.
Official website here: www.coconutgroveartsfest.com
Who is the CEO of Coconut Grove Arts & Historical Assoc Inc F/K/A Coconut Grove Arts?
Montgomery Trainer is the Director of Coconut Grove Arts & Historical Assoc Inc F/K/A Coconut Grove Arts. The CEO's salary of Coconut Grove Arts & Historical Assoc Inc F/K/A Coconut Grove Arts is $50,000 and their total compensation is $50,000.
Official website here: www.coconutgroveartsfest.com
What is the revenue of Coconut Grove Arts & Historical Assoc Inc F/K/A Coconut Grove Arts?
Coconut Grove Arts & Historical Assoc Inc F/K/A Coconut Grove Arts's revenue in 2022 was $2,390,946.
Official website here: www.coconutgroveartsfest.com
Who are the executives of Coconut Grove Arts & Historical Assoc Inc F/K/A Coconut Grove Arts and what are their salaries?
The average compensation at Coconut Grove Arts & Historical Assoc Inc F/K/A Coconut Grove Arts during 2022 was $36,652. There are 3 employees and 700 volunteers at Coconut Grove Arts & Historical Assoc Inc F/K/A Coconut Grove Arts.
Here are 15 key members and their salaries (Coconut Grove Arts & Historical Assoc Inc F/K/A Coconut Grove Arts's CEO's salary is $50,000 and their total compensation is $50,000):
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Official website here: www.coconutgroveartsfest.com
Where can I find the form 990 for Coconut Grove Arts & Historical Assoc Inc F/K/A Coconut Grove Arts?
Coconut Grove Arts & Historical Assoc Inc F/K/A Coconut Grove Arts's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coconutgroveartsfest.com
Learn more at the official website: www.coconutgroveartsfest.com
Mission Statement of Coconut Grove Arts & Historical Assoc Inc F/K/A Coconut Grove Arts
The Coconut Grove Arts & Historical Assoc Inc, formerly known as Coconut Grove Arts, is dedicated to fostering the arts in a proactive manner. This nonprofit organization achieves this mission by sponsoring and organizing the Coconut Grove Arts festival and functioning as an arts council/agency in its respective locale. By doing so, it plays a pivotal role in promoting artistic expression and engagement within the community.
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Impact
July, 2024
The Coconut Grove Arts & Historical Association, formerly known as Coconut Grove Arts, has had a significant impact on the arts community in Coconut Grove, Florida. Through the organization and sponsorship of the Coconut Grove Arts festival, they provide a platform for artists to showcase their work and engage with the public. By serving as an arts council/agency in the area, they contribute to the cultural enrichment of the community and support local artists in their creative endeavors. Their efforts help to promote and celebrate the arts, making a positive impact on the cultural landscape of Coconut Grove.
This information is meant to be a general summary of Coconut Grove Arts & Historical Assoc Inc F/K/A Coconut Grove Arts. 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: $55,679
- Program Service Revenue: $2,190,946
- Gross Receipts: $2,440,310
Assets and Liabilities:
- Total Assets: $1,112,437
- Total Liabilities: $46,753
- Net Assets: $1,065,684
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GATE RECEIPTS
Revenue
$1,071,624
SPONSORSHIPS
Revenue
$415,260
BEVERAGE SALES
Revenue
$314,572
ARTIST FEES
Revenue
$306,931
VENDOR BOOTH FEES
Revenue
$59,543
Organization Details
Founding Year
1964
Phone
(305) 447-0401Principal Officer
Montgomery Trainer
Main Address
3390 MARY STREET 260, COCONUT GROVE, FL, 33133
Website
www.coconutgroveartsfest.comNTEE Category
Code: A260 - Arts
If you are a representative of Coconut Grove Arts & Historical Assoc Inc F/K/A Coconut Grove Arts and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.