Overview
What is Sunfest Of Palm Beach County Inc?
Sunfest of Palm Beach County Inc is a nonprofit organization, situated in West Palm Beach, Florida. Their primary mission is to organize and sponsor art and music festivals for the benefit of the public. They host a significant event annually, spanning over three days during the first week of May. This annual festival positively influences the local economy and attracts a substantial crowd. The organization, with a modest workforce of 13 individuals, is dedicated to providing a platform for artists and musicians, while contributing to the community's cultural and economic growth.
Official website here: www.sunfest.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Sunfest Of Palm Beach County Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial health. The charity's score is entirely derived from its robust performance in accountability and finance, indicating that it operates with a strong commitment to transparency and responsible financial management. This level of rating suggests confidence for potential donors in how their contributions will be utilized.
The organization demonstrates a well-structured governance system with an entirely independent board. With 18 independent members, it scores full points for its board size and independence. Additionally, the charity boasts strong financial oversight, with both an audit committee in place and no material diversion of assets reported, which further reinforces its accountability.
Furthermore, Sunfest is proactive in maintaining operational integrity by having several essential policies, including conflict of interest and whistleblower policies, documented and accessible. Its program expense ratio of 88.56% indicates that a significant portion of its resources is directed towards its mission, making it a financially sound choice for supporters looking to contribute to impactful work in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Sunfest Of Palm Beach County Inc legitimate?
Sunfest Of Palm Beach County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sunfest Of Palm Beach County 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: $196,289
Professional Fundraising Fees: $0
Other Salaries and Wages: $336,113
For more financial information, click here
Official website here: www.sunfest.com
What is the mission statement of Sunfest Of Palm Beach County Inc?
Sunfest of Palm Beach County Inc's primary mission is centered around sponsoring art and music festivals, primarily for the benefit of the general public. The organization's main objective is to organize these events, which have a positive impact on the local economy. They hold a significant annual event, spanning over three days during the first week of May. The festivals and attendees contribute positively to the community, making Sunfest of Palm Beach County Inc an essential part of the cultural landscape.
Official website here: www.sunfest.com
Who is the CEO of Sunfest Of Palm Beach County Inc?
Dianna Craven is the President of Sunfest Of Palm Beach County Inc.
Official website here: www.sunfest.com
What is the revenue of Sunfest Of Palm Beach County Inc?
Sunfest Of Palm Beach County Inc's revenue in 2023 was $6,939,545.
Official website here: www.sunfest.com
Who are the executives of Sunfest Of Palm Beach County Inc and what are their salaries?
The average compensation at Sunfest Of Palm Beach County Inc during 2023 was $40,954. There are 13 employees and 2127 volunteers at Sunfest Of Palm Beach County Inc.
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Official website here: www.sunfest.com
Where can I find the form 990 for Sunfest Of Palm Beach County Inc?
Sunfest Of Palm Beach County Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sunfest.com
Learn more at the official website: www.sunfest.com
Mission Statement of Sunfest Of Palm Beach County Inc
Sunfest of Palm Beach County Inc, as a nonprofit organization, is primarily dedicated to sponsoring art and music festivals for the benefit of the general public. Their mission is to organize and host these events, which contribute positively to the local economy. Each year, Sunfest conducts a major event spanning over a three-day period during the first week of May. This festival attracts a large number of patrons, creating a vibrant atmosphere that celebrates the power of art and music. The various performances and exhibitions not only entertain but also provide an opportunity for the community to engage with diverse cultural expressions.
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Impact
July, 2024
Sunfest Of Palm Beach County Inc's impact is significant in the realm of the arts and music scene in West Palm Beach, Florida. By sponsoring art and music festivals, the organization not only provides entertainment for the general public but also contributes to the local economy. The annual three-day event held in the first week of May brings in patrons and artists, boosting tourism and supporting local businesses. Sunfest's dedication to promoting cultural experiences enriches the community and showcases the vibrant arts and music offerings of the area.
This information is meant to be a general summary of Sunfest Of Palm Beach County 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: $19,043
- Program Service Revenue: $4,020,680
- Gross Receipts: $6,939,545
Assets and Liabilities:
- Total Assets: $2,908,964
- Total Liabilities: $609,292
- Net Assets: $2,299,672
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUNFEST FESTIVAL
Revenue
$4,020,680
Organization Details
Founding Year
1978
Phone
(561) 659-5980Principal Officer
Dianna Craven
Main Address
PO BOX 425, WEST PALM BEACH, FL, 33402
Website
www.sunfest.comNTEE Category
Code: A600 - Arts
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