Overview
What is The Rhythm Foundation Inc?
The Rhythm Foundation Inc, a nonprofit organization, is dedicated to promoting cultural music. With a mission to captivate an audience of 100,000 individuals, they curate and present a variety of musical programs within their music organization. Their activities primarily focus on showcasing diverse cultural tunes, thereby fostering a inclusive and engaging music community.
Official website here: www.rhythmfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
The Rhythm Foundation Inc has earned an 88% score from Charity Navigator, indicating a solid performance in accountability and finance. This rating is based exclusively on the organization's financial practices, which are deemed strong. The nonprofit has a fully independent board, a well-structured audit and oversight committee, and no reported material diversion of assets.
Strengths include a high program expense ratio of 77.01%, suggesting that a significant portion of its budget is dedicated to its mission-related activities. The organization has also implemented essential policies, such as a conflict of interest policy, ensuring good governance practices. However, it is noted that the foundation lacks a whistleblower policy and a document retention and destruction policy, which are areas for improvement in their governance framework.
Overall, while The Rhythm Foundation Inc demonstrates strong financial accountability and transparency, addressing the gaps in its policy framework could enhance its governance and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Rhythm Foundation Inc?
94% of 246 reviewers on Facebook recommend The Rhythm Foundation Inc. Here is a summary of their reviews:
Many reviewers appreciate the excellent location and vibrant atmosphere of the nonprofit, emphasizing that it feels like a welcoming space close to home. The positive sentiment reflects a strong connection to the community and suggests that the organization creates an enjoyable environment for its patrons.
Overall, the feedback indicates a high level of satisfaction with the services provided, showcasing that The Rhythm Foundation Inc. successfully resonates with its audience and delivers on its promise of fostering a lively and engaging cultural experience.
This AI summary has been generated from reviews found on Facebook.
Is The Rhythm Foundation Inc legitimate?
The Rhythm Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Rhythm 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: $88,869
Professional Fundraising Fees: $0
Other Salaries and Wages: $337,741
For more financial information, click here
Official website here: www.rhythmfoundation.com
What is the mission statement of The Rhythm Foundation Inc?
The Rhythm Foundation Inc's mission lies in the realm of cultural music presentation. Their primary objective is to engage an audience of 100,000 individuals through various music programs within their organization. The foundation's activities are geared towards showcasing and promoting cultural music, thereby fostering a diverse and inclusive musical community.
Official website here: www.rhythmfoundation.com
Who is the CEO of The Rhythm Foundation Inc?
James Quinlan is the CEO of The Rhythm Foundation Inc The CEO's salary of The Rhythm Foundation Inc is $37,971 and their total compensation is $37,971.
Official website here: www.rhythmfoundation.com
What is the revenue of The Rhythm Foundation Inc?
The Rhythm Foundation Inc's revenue in 2023 was $3,095,137.
Official website here: www.rhythmfoundation.com
Who are the executives of The Rhythm Foundation Inc and what are their salaries?
The average compensation at The Rhythm Foundation Inc during 2023 was $12,547. There are 34 employees and 18 volunteers at The Rhythm Foundation Inc.
Here are 21 key members and their salaries (The Rhythm Foundation Inc's CEO's salary is $37,971 and their total compensation is $37,971):
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- Compensation: $37,971
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Official website here: www.rhythmfoundation.com
Where can I find the form 990 for The Rhythm Foundation Inc?
The Rhythm Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rhythmfoundation.com
Learn more at the official website: www.rhythmfoundation.com
Mission Statement of The Rhythm Foundation Inc
The Rhythm Foundation Inc, a renowned music organization, is dedicated to showcasing cultural music and attracting a substantial audience of 100,000 individuals. Their mission involves the presentation of diverse musical cultures, thereby broadening the horizons of music enthusiasts. This nonprofit serves as a platform for both established and emerging artists, fostering a rich musical experience for all.
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Impact
July, 2024
The impact of The Rhythm Foundation Inc is significant in promoting cultural music and attracting a large audience of around 100,000 through its programs in Miami Beach, FL. Their dedication to presenting diverse musical experiences enriches the local arts scene and educates the community about different cultures through music. This exposure to cultural music fosters understanding, appreciation, and unity among diverse audiences, making a meaningful contribution to the cultural landscape of the city.
This information is meant to be a general summary of The Rhythm 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: $32,554
- Program Service Revenue: $1,905,092
- Gross Receipts: $3,095,137
Assets and Liabilities:
- Total Assets: $1,314,664
- Total Liabilities: $642,968
- Net Assets: $671,696
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCESSIONS
Revenue
$645,948
CONTRACTED SERVICES
Revenue
$512,789
ADMISSIONS
Revenue
$323,460
VENUE RENTAL
Revenue
$289,113
CORPORATE SUPPORT
Revenue
$122,750
Organization Details
Founding Year
1988
Principal Officer
James Quinlan
Website
www.rhythmfoundation.comNTEE Category
Code: A68 - Arts
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