Overview
What is Yoknapatawpha Arts Council Inc?
The Yoknapatawpha Arts Council Inc, situated in Oxford, Mississippi, is a dedicated nonprofit organization with a vision to enrich the lives of individuals in Lafayette County and the surrounding community, including the University area. Their mission involves offering a variety of artistic and cultural programs, providing opportunities for both children and adults to engage in these activities. The organization covers expenses associated with these programs, ensuring that they remain accessible and celebrated in the city of Oxford and beyond. With a workforce of 14 dedicated individuals, the Yoknapatawpha Arts Council Inc serves as a vital pillar in promoting and celebrating the arts within its community.
Official website here: www.oxfordarts.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
Yoknapatawpha Arts Council Inc has achieved an overall score of 88%, reflecting strong performance in Accountability and Finance. The organization is fully compliant in several key areas, including having a majority of independent board members and maintaining a robust program expense ratio of 76.05%. Transparency in financial statements is evident as they have received full points in the review or compilation of these statements, demonstrating a commitment to sound financial practices.
However, there are notable limitations in their governance policies. The organization lacks a whistleblower policy and a document retention and destruction policy, which are essential for safeguarding against mismanagement and ensuring proper handling of important documents. Additionally, the absence of tax forms on their website could hinder transparency efforts and public access to financial information.
Overall, while Yoknapatawpha Arts Council Inc displays robust financial accountability and strong governance with independent board oversight, addressing the noted gaps in their policies would enhance their operational integrity and trustworthiness in the eyes of stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Yoknapatawpha Arts Council Inc legitimate?
Yoknapatawpha Arts Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yoknapatawpha Arts Council 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $200,168
For more financial information, click here
Official website here: www.oxfordarts.com
What is the mission statement of Yoknapatawpha Arts Council Inc?
The Yoknapatawpha Arts Council Inc's mission is centered around providing enriching artistic and cultural opportunities for all individuals residing in Lafayette County, the University community, and the surrounding region. Through their organized programs, they aim to contribute to the personal growth and development of both children and adults. The council's primary objective is to facilitate access, celebration, and promotion of the arts within the community of Oxford, Mississippi.
Official website here: www.oxfordarts.com
What is the revenue of Yoknapatawpha Arts Council Inc?
Yoknapatawpha Arts Council Inc's revenue in 2024 was $783,494.
Official website here: www.oxfordarts.com
Who are the executives of Yoknapatawpha Arts Council Inc and what are their salaries?
The average compensation at Yoknapatawpha Arts Council Inc during 2024 was $18,197. There are 11 employees and 150 volunteers at Yoknapatawpha Arts Council Inc.
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Official website here: www.oxfordarts.com
Where can I find the form 990 for Yoknapatawpha Arts Council Inc?
Yoknapatawpha Arts Council Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.oxfordarts.com
Learn more at the official website: www.oxfordarts.com
Mission Statement of Yoknapatawpha Arts Council Inc
Yoknapatawpha Arts Council Inc aims to enrich the lives of all children and adults residing in Lafayette County, the University community, and the surrounding region. By offering a variety of artistic and cultural programs, this organization provides an opportunity for individuals to engage with and appreciate the arts. Through these programs, the council seeks to celebrate, access, and promote the arts within the community of Oxford, Mississippi.
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Impact
July, 2024
Yoknapatawpha Arts Council Inc's impact is profound in Oxford, Mississippi, and the surrounding regions. By offering artistic and cultural programs for children and adults, the organization provides opportunities for individuals to enrich their lives through creative expression and engagement. Through their various programs, they aim to make the arts accessible to all members of the community, celebrating and promoting artistic endeavors within Lafayette County and the University community. This commitment to fostering a vibrant cultural scene contributes to the overall well-being and quality of life for residents in the area, inspiring creativity and fostering a sense of community through the arts.
This information is meant to be a general summary of Yoknapatawpha Arts Council 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 2024.
- Investment Income: $2,862
- Program Service Revenue: $330,789
- Gross Receipts: $783,494
Assets and Liabilities:
- Total Assets: $959,755
- Total Liabilities: $2,951
- Net Assets: $956,804
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES AND FEES
Revenue
$330,789
Organization Details
Founding Year
1980
Principal Officer
Wayne Andrews
Website
www.oxfordarts.comNTEE Category
Code: A26 - Arts
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