Overview
What is Palm Beach Institute For The Entertainment Arts?
The Palm Beach Institute for the Entertainment Arts is a nonprofit organization situated in Palm Beach Gardens, Florida. With a strong commitment to the community, it focuses on various facets of film, television, and theater. One of its primary objectives is to preserve the history of the filmmaking industry in Florida, showcasing its evolution and developments. The institute also serves as a valuable source of information, keeping the community updated on the latest advancements in the Florida filmmaking sector.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Stars
The Palm Beach Institute for the Entertainment Arts has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The rating is primarily based on a low score in the Accountability & Finance category, which is essential for assessing the financial health and transparency of nonprofit organizations.
Despite the low overall score, the organization demonstrates some strengths, such as having a fully independent board and a solid program expense ratio, which reflects that all funds are directed toward programmatic activities. However, the liabilities to assets ratio is troubling, signaling potential financial instability and a lack of adequate asset management.
While the institute exhibits strong governance elements, the overall financial concerns highlighted in the rating suggest that potential donors should proceed with caution. Increased transparency and improved financial practices may be necessary for the organization to enhance its rating and rebuild trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Palm Beach Institute For The Entertainment Arts legitimate?
Palm Beach Institute For The Entertainment Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palm Beach Institute For The Entertainment Arts 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
For more financial information, click here
What is the mission statement of Palm Beach Institute For The Entertainment Arts?
The Palm Beach Institute for the Entertainment Arts is dedicated to preserving the history of the filmmaking industry in Florida while keeping the community informed about advancements within this sector. Their mission involves educating and encouraging involvement in various aspects of film, television, and theater. The organization strives to serve as a reliable source of information related to the Florida filmmaking industry, aiming to foster a deeper understanding and appreciation for its evolution.
Who is the CEO of Palm Beach Institute For The Entertainment Arts?
Barry Kramer is the Chairman of Palm Beach Institute For The Entertainment Arts.
What is the revenue of Palm Beach Institute For The Entertainment Arts?
Palm Beach Institute For The Entertainment Arts's revenue in 2022 was $54,184.
Who are the executives of Palm Beach Institute For The Entertainment Arts and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Palm Beach Institute For The Entertainment Arts?
Palm Beach Institute For The Entertainment Arts's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Palm Beach Institute For The Entertainment Arts
The Palm Beach Institute for the Entertainment Arts is dedicated to preserving the rich history of the filmmaking industry in Florida while keeping the community informed about advancements within the Florida filmmaking sector. The organization's mission is multifaceted, involving education and community engagement in various aspects of film, television, and theater. By doing so, the Palm Beach Institute for the Entertainment Arts aims to foster a deeper understanding and appreciation of these art forms, thereby contributing to their evolution and growth.
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Impact
August, 2024
Palm Beach Institute For The Entertainment Arts has a significant impact on preserving the history of the film-making industry in Florida and promoting advancements in the state's film-making sector. Through its commitment to educating and engaging the community in all aspects of film, television, and theater, the institute plays a crucial role in fostering a deeper appreciation for the arts and supporting the growth of the entertainment industry in Florida. By providing information related to the film-making industry and promoting artistic development, Palm Beach Institute For The Entertainment Arts contributes to the cultural enrichment and creative economy of the state.
This information is meant to be a general summary of Palm Beach Institute For The Entertainment Arts. 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: $1
- Program Service Revenue: $7,759
- Gross Receipts: $54,184
Assets and Liabilities:
- Total Assets: $26,330
- Total Liabilities: $19,700
- Net Assets: $6,630
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLASSES
Revenue
$2,957
GIFT SHOP
TICKET SALES
Revenue
$4,802
Organization Details
Founding Year
1999
Phone
(561) 385-1584Principal Officer
Barry Kramer
Main Address
427 CAPISTRANO DRIVE, PALM BEACH GARDENS, FL, 33410
NTEE Category
Code: A50 - Arts
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