Overview
What is Philippine Cultural Foundation Inc?
The Philippine Cultural Foundation Inc, often referred to as PCFI or BAEC, is a nonprofit organization situated in Tampa, Florida. With a team of four dedicated individuals, their primary mission is to preserve and present the rich cultural heritage of the Philippines for future generations. They achieve this through events like Philfest, which showcases art, dance, and cultural exhibits from various Philippine regions. The organization aims to enrich the cultural diversity in their local region, Florida, and the United States at large. Philfest serves as a testament to the legacy of Philippine culture and its significant contribution to the cultural tapestry of the nation.
Official website here: www.pcfitampa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%
The Philippine Cultural Foundation Inc received a low rating of 33%, which translates to a Zero-Star out of Four Star rating. This poor score primarily results from significant gaps in accountability and financial reporting. While the organization has an entirely independent board, the lack of financial statements and missing policies such as conflict of interest and whistleblower protections have raised concerns.
Strengths noted include the board's independence and size, as well as the absence of any material diversion of assets. The organization has documented board meeting minutes and a policy for document retention. However, the program expense ratio is notably low at 35.29%, indicating that a significant portion of funding may not be directed towards programs.
While the foundation has some strong governance measures in place, the absence of key financial documentation and policies severely impacts its overall effectiveness and transparency. These limitations suggest a need for improvement in financial accountability to enhance donor confidence and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Philippine Cultural Foundation Inc legitimate?
Philippine Cultural Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philippine Cultural Foundation 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: $65,641
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,971
For more financial information, click here
Official website here: www.pcfitampa.org
What is the mission statement of Philippine Cultural Foundation Inc?
The Philippine Cultural Foundation Inc's mission is centered around preserving and showcasing the Philippine culture for future generations. This endeavor aims to enrich the cultural diversity in the region, contributing positively to the state of Florida and the United States as a whole. One of their key activities is Philfest, an event that showcases the arts, dances, and cultural exhibits from various regions in the Philippines.
Official website here: www.pcfitampa.org
Who is the CEO of Philippine Cultural Foundation Inc?
Vivian Dudgeon is the Vice Chairman of Philippine Cultural Foundation Inc.
Official website here: www.pcfitampa.org
What is the revenue of Philippine Cultural Foundation Inc?
Philippine Cultural Foundation Inc's revenue in 2023 was $531,436.
Official website here: www.pcfitampa.org
Who are the executives of Philippine Cultural Foundation Inc and what are their salaries?
The average compensation at Philippine Cultural Foundation Inc during 2023 was $27,403. There are 4 employees at Philippine Cultural Foundation Inc.
Here are 8 key members and their salaries:
- Compensation: $65,641
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pcfitampa.org
Where can I find the form 990 for Philippine Cultural Foundation Inc?
Philippine Cultural Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.pcfitampa.org
Learn more at the official website: www.pcfitampa.org
Mission Statement of Philippine Cultural Foundation Inc
The Philippine Cultural Foundation Inc is devoted to preserving and showcasing the Philippine culture as a legacy for future generations. This nonprofit organization aims to contribute to the diversity and enrichment of cultures within the region and beyond, specifically in Florida and the United States. They achieve this mission through events such as Philfest, which showcases the arts, dances, and cultural exhibits from various regions in the Philippines. By doing so, the Philippine Cultural Foundation Inc strives to keep the Philippine culture alive and thriving, ensuring that it continues to enrich and diversify the cultural landscape both locally and nationally.
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Impact
July, 2024
Philippine Cultural Foundation Inc's impact can be seen through its commitment to preserving and presenting the Philippine culture as a legacy for future generations. Through activities like Philfest, which showcases the arts, dances, and cultural exhibits from various regions of the Philippines, the organization contributes to the enrichment of diversity in the region. By fulfilling its mission to preserve the Philippine culture for the youth and future generations, the foundation plays a crucial role in enhancing the richness of cultures in the state of Florida and the USA.
This information is meant to be a general summary of Philippine Cultural Foundation 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: $3
- Program Service Revenue: $8,397
- Gross Receipts: $894,054
Assets and Liabilities:
- Total Assets: $1,386,385
- Total Liabilities: $114,602
- Net Assets: $1,271,783
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Summer Painting
Revenue
$220
Pasko 2023
Revenue
$4,295
Miscellaneous Programs
Revenue
$3,882
Organization Details
Founding Year
1995
Phone
(813) 925-1232Principal Officer
Vivian Dudgeon
Main Address
14301 Nine Eagles Dr, Tampa, FL, 33626
Website
www.pcfitampa.orgNTEE Category
Code: A230 - Arts
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