Overview
What is Frances Furlong Trust And Creative Art?
Frances Furlong Trust and Creative Art is a charitable organization based in St. Petersburg, Florida. With a focus on the city of Pontiac, Michigan, and its surrounding areas, their primary mission is to support and foster the development and appreciation of the creative arts. As per the provided information, they distribute funds to the Creative Arts Center in Pontiac, Michigan, contributing to the growth and recognition of art in this specific community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating. This rating indicates significant concerns regarding the Frances Furlong Trust And Creative Art's accountability and financial practices. The charity's one-star rating reflects an overall score derived entirely from its Accountability & Finance metrics, suggesting that there are critical areas needing improvement.
One major weakness identified is the complete lack of independent board members, which raises concerns about governance and oversight. Furthermore, several essential policies, including conflict of interest, whistleblower, and document retention policies, are missing. The absence of these policies can lead to potential risks in accountability and transparency.
On a positive note, the charity does have a solid program expense ratio of 73.03%, indicating that a substantial portion of its expenses is directed toward its programs. Additionally, the charity has no material diversion of assets, which reflects financial integrity in terms of managing its resources. However, the significant gaps in governance and policy adherence overshadow these strengths, highlighting the need for improvement in these critical areas.
This AI summary has been generated from information found on Charity Navigator.
Is Frances Furlong Trust And Creative Art legitimate?
Frances Furlong Trust And Creative Art is a legitimate nonprofit organization registered as a 501(c)(3) entity. Frances Furlong Trust And Creative Art 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: $5,327
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Frances Furlong Trust And Creative Art?
The Frances Furlong Trust and Creative Art is dedicated to fostering and promoting the development and appreciation of creative arts. Their charitable purpose extends beyond their immediate location, encompassing the surrounding areas as well. They achieve this by providing support to establishments that encourage and nurture artistic growth. Specifically, the trust makes distributions to the Creative Arts Center in Pontiac, Michigan, to further the development and appreciation of the arts.
Who is the CEO of Frances Furlong Trust And Creative Art?
Unavailable
What is the revenue of Frances Furlong Trust And Creative Art?
Frances Furlong Trust And Creative Art's revenue in 2022 was $93,152.
Who are the executives of Frances Furlong Trust And Creative Art and what are their salaries?
There is 1 key member and their salary:
- Compensation: $9,546
- Related: $0
- Other: $0
Where can I find the form 990 for Frances Furlong Trust And Creative Art?
Frances Furlong Trust And Creative Art's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Frances Furlong Trust And Creative Art
The Frances Furlong Trust and Creative Art is dedicated to fostering the growth and appreciation of creative arts within its community, specifically in the city of Pontiac, Michigan, and its surrounding areas. This charitable organization's mission is centered around supporting the development of artistic abilities and cultivating an appreciation for various artistic expressions. To accomplish this, the Trust makes distributions to the Creative Arts Center in Pontiac, Michigan, providing essential resources and opportunities for the community to engage with and benefit from the creative arts.
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Impact
October, 2024
Frances Furlong Trust And Creative Art plays a pivotal role in enhancing the creative landscape of Pontiac, Michigan, and its surrounding areas. By providing crucial financial support to the Creative Arts Center in Pontiac, the organization fosters the development and appreciation of various art forms within the community. This support not only enriches cultural expression but also encourages local artists and engages residents in creative pursuits.
The impact is multifaceted; it cultivates a vibrant arts scene that can drive community engagement, economic activity, and pride in local heritage. As residents participate in artistic endeavors, they gain opportunities for personal growth and collective collaboration, strengthening the social fabric of the area. By investing in the creative arts, Frances Furlong Trust And Creative Art helps to ensure that the arts remain an integral part of life in Pontiac, ultimately enhancing the quality of life and fostering a dynamic, inclusive community.
This information is meant to be a general summary of Frances Furlong Trust And Creative Art. 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: $93,152
- Gross Receipts: $273,675
Assets and Liabilities:
- Total Assets: $1,116,136
- Total Liabilities: $0
- Net Assets: $1,116,136
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Organization Details
Founding Year
2003
Phone
(727) 567-2300Main Address
P O BOX 23559, ST PETERSBURG, FL, 33742
NTEE Category
Code: A20 - Arts
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