Overview
What is Walton Arts Center Council Inc?
Walton Arts Center Council Inc is a prominent nonprofit organization based in Fayetteville, Arkansas. With a team of 659 dedicated individuals, their mission is to enrich Northwest Arkansas by presenting and promoting various arts forms through performances and educational programs. The organization brings world-class artists and entertainers to the region, fostering meaningful connections and inspiring experiences for the community. The Walton Arts Center Council's activities include showcasing a diverse range of artistic expressions, contributing significantly to the local cultural landscape.
Official website here: www.waltonartscenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
Walton Arts Center Council Inc has received an 80% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The overall score is derived entirely from the Accountability & Finance category, where the organization excels in having a fully independent board of members and robust financial oversight mechanisms. This strong governance framework reflects positively on the nonprofit's commitment to transparency and responsible management of funds.
However, there are notable areas for improvement. The organization lacks essential policies such as a Conflict of Interest Policy, Whistleblower Policy, and Document Retention and Destruction Policy, which are critical for safeguarding against potential governance issues. Additionally, the absence of the nonprofit's tax form on its website may hinder transparency regarding its financial operations.
Despite these limitations, Walton Arts Center Council Inc demonstrates a commendable program expense ratio of 83.42%, showing that a significant portion of its budget is directed toward its programs. This focus on effective program delivery, coupled with a strong independent board structure, positions the organization favorably in terms of fulfilling its mission within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Walton Arts Center Council Inc legitimate?
Walton Arts Center Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walton Arts Center 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: $1,555,424
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,441,777
For more financial information, click here
Official website here: www.waltonartscenter.org
What is the mission statement of Walton Arts Center Council Inc?
The Walton Arts Center Council Inc is dedicated to showcasing and promoting arts from around the world in Northwest Arkansas. Through the presentation of performances, visual arts, and educational programs, they aim to engage and inspire people with various artistic experiences. The organization's mission is to bring great performing artists and entertainers to Northwest Arkansas, fostering connections and cultural enrichment within the community. By providing diverse artistic opportunities, the Walton Arts Center Council Inc strives to contribute to the personal growth and development of individuals in the region.
Official website here: www.waltonartscenter.org
Who is the CEO of Walton Arts Center Council Inc?
Peter Lane is the Board Member of Walton Arts Center Council Inc. The CEO's salary of Walton Arts Center Council Inc is $611,301 and their total compensation is $634,186.
Official website here: www.waltonartscenter.org
What is the revenue of Walton Arts Center Council Inc?
Walton Arts Center Council Inc's revenue in 2022 was $44,644,953.
Official website here: www.waltonartscenter.org
Who are the executives of Walton Arts Center Council Inc and what are their salaries?
The average compensation at Walton Arts Center Council Inc during 2022 was $9,100. There are 659 employees and 288 volunteers at Walton Arts Center Council Inc.
Here are 30 key members and their salaries (Walton Arts Center Council Inc's CEO's salary is $611,301 and their total compensation is $634,186):
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- Compensation: $611,301
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Official website here: www.waltonartscenter.org
Where can I find the form 990 for Walton Arts Center Council Inc?
Walton Arts Center Council Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.waltonartscenter.org
Learn more at the official website: www.waltonartscenter.org
Mission Statement of Walton Arts Center Council Inc
Walton Arts Center Council Inc, a renowned nonprofit organization, is dedicated to presenting and promoting the arts in Northwest Arkansas. By bringing great performing artists and entertainers from around the world to the region, the Council strives to engage and connect people through inspiring arts experiences.
In pursuit of its mission, Walton Arts Center Council Inc offers a diverse range of performing arts, visual arts, and educational programs. The organization serves as a cultural hub, providing opportunities for local residents and visitors alike to immerse themselves in the arts and broaden their horizons. Through the presentation of captivating performances, the Council fosters a deep appreciation for various art forms and encourages dialogue and understanding among communities.
Moreover, Walton Arts Center Council Inc is committed to enriching the lives of individuals in Northwest Arkansas through educational programs. These initiatives not only offer valuable learning experiences but also help foster a sense of community and inclusivity. By fostering an appreciation for the arts, the organization plays a vital role in shaping the cultural landscape of the region and inspiring the next generation of artists and arts enthusiasts.
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Impact
October, 2024
Walton Arts Center Council Inc significantly enriches the cultural landscape of Northwest Arkansas through its commitment to presenting and promoting the arts. By hosting a diverse array of performances, visual arts exhibitions, and educational programs, it connects the community with world-class artists and entertainers. This engagement fosters a greater appreciation for the arts among residents and visitors alike, creating inspiring experiences that resonate within the local population. The Center serves as a catalyst for cultural exchange and artistic expression, enhancing the quality of life in Fayetteville and the surrounding areas. Through its initiatives, Walton Arts Center not only entertains but also cultivates a vibrant arts community that supports creativity and collaboration.
This information is meant to be a general summary of Walton Arts Center 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 2022.
- Investment Income: $31,190
- Program Service Revenue: $24,687,624
- Gross Receipts: $44,802,653
Assets and Liabilities:
- Total Assets: $96,355,253
- Total Liabilities: $49,962,684
- Net Assets: $46,392,569
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$19,091,410
OTHER GENERAL SALES
Revenue
$5,589,100
EDUCATIONAL CLASS FEE
Revenue
$7,114
Organization Details
Founding Year
1992
Phone
(479) 443-9216Principal Officer
Peter Lane
Main Address
P O BOX 3547, FAYETTEVILLE, AR, 72702
Website
www.waltonartscenter.orgNTEE Category
Code: A260 - Arts
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