Music Usa Festivals Inc

Charity Navigator Rating: 68%, earning a Two-Star out of Four Star rating.

Music USA Festivals Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in accountability and financial practices despite some strengths. The organization demonstrates a strong commitment to its programs, evidenced by a high program expense ratio of 98.54%. This suggests that the majority of its resources are directed toward its mission rather than overhead costs.

However, there are several significant areas where Music USA Festivals Inc falls short. The lack of a conflict of interest policy, whistleblower policy, and document retention practices raises concerns about governance and transparency. Additionally, the absence of financial statements available to the public is a critical gap that affects the organization's accountability.

While the nonprofit has a majority of independent board members and no material diversion of assets, the missing policies and documents signal a need for enhanced oversight and transparency. Addressing these limitations could help improve its rating and build greater trust with donors and stakeholders.

This AI summary has been generated from information found on Charity Navigator.

Music Usa Festivals Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Music Usa Festivals 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: $16,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,039

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Official website here: www.musicusafestivals.org