Mississippi School Of The Arts Foundation Inc

Charity Navigator Rating: 10% (Zero-Star out of Four Star Rating)

The Mississippi School Of The Arts Foundation Inc has received a notably low rating of 10% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The foundation's score is based entirely on its accountability measures, which are severely lacking, as evidenced by the absence of independent board members and critical governance policies.

Organizational strengths are limited, with the only positive aspect being a reported lack of material diversion of assets. However, the foundation has failed to establish essential practices such as a conflict of interest policy, whistleblower policy, and document retention practices. Furthermore, the absence of board meeting minutes and the failure to post required documents on their website contribute to the overall accountability issues.

Overall, the lack of independent oversight and transparency raises red flags for potential donors and stakeholders. The foundation's low program expense ratio suggests that very little of its funding is directed toward programmatic efforts, which may hinder its effectiveness in fulfilling its mission. Prospective supporters should consider these factors carefully before engaging with the organization.

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

Mississippi School Of The Arts Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mississippi School Of The Arts 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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