Overview
What is Rocky Mountain Arts Association?
The Rocky Mountain Arts Association is a nonprofit organization that strengthens connections within its community through the power of music. In their fiscal year 2022, they resumed live performances, ensuring a safe environment by requiring attendees to show proof of vaccination and wear masks, except at one event. This proactive approach led to a high turnout, with audiences filling up nearly 90% of the concert venues with excitement.
Official website here: www.rmarts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star Rating)
The Rocky Mountain Arts Association has received a strong rating of 92%, indicating a high level of accountability and transparency in its operations. Notably, the organization boasts a perfect score for having an entirely independent board and demonstrates robust financial practices, including no material diversion of assets and a low liabilities-to-assets ratio of 2.27%. These indicators reflect a solid financial foundation and responsible governance.
Strengths highlighted in the evaluation include exemplary feedback collection and usage practices, both scoring a perfect 100%. The organization also shows a commitment to equity, achieving a score of 91% in its equity strategies. This suggests a proactive approach to inclusivity and a focus on serving diverse community needs, reinforcing its impact within the arts sector.
However, while the program expense ratio stands at 66.59%, indicating that a significant portion of its budget is allocated toward programs, there is still room for improvement. The equity policies and processes score, at 4 out of 7, suggests that while progress has been made, enhancements in these areas could further strengthen the organization's commitment to equity. Overall, the Rocky Mountain Arts Association demonstrates a commendable commitment to its mission and effective operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is Rocky Mountain Arts Association legitimate?
Rocky Mountain Arts Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rocky Mountain Arts Association 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: $74,882
Professional Fundraising Fees: $0
Other Salaries and Wages: $126,857
For more financial information, click here
Official website here: www.rmarts.org
What is the mission statement of Rocky Mountain Arts Association?
The Rocky Mountain Arts Association's mission is centered around fostering community connections through music. As part of its endeavors, the association facilitated the return of live performances in their fiscal year 2022. They implemented strict health measures, such as requiring proof of vaccination and the use of masks at all concerts, except for one, ensuring the safety of attendees. These precautions led to a strong turnout, with enthusiastic audience members filling up to 90% of the concert venues.
Official website here: www.rmarts.org
Who is the CEO of Rocky Mountain Arts Association?
Michael Sattler is the Co-Chair of Rocky Mountain Arts Association.
Official website here: www.rmarts.org
What is the revenue of Rocky Mountain Arts Association?
Rocky Mountain Arts Association's revenue in 2022 was $725,896.
Official website here: www.rmarts.org
Who are the executives of Rocky Mountain Arts Association and what are their salaries?
The average compensation at Rocky Mountain Arts Association during 2022 was $40,348. There are 5 employees and 94 volunteers at Rocky Mountain Arts Association.
Here are 10 key members and their salaries:
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- Compensation: $61,405
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- Other: $1,842
Official website here: www.rmarts.org
Where can I find the form 990 for Rocky Mountain Arts Association?
Rocky Mountain Arts Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rmarts.org
Learn more at the official website: www.rmarts.org
Mission Statement of Rocky Mountain Arts Association
The Rocky Mountain Arts Association, a nonprofit organization, strives to foster a sense of community through the medium of music. Their primary mission is to bring people together, and they accomplish this by supporting various choruses within their network. In the fiscal year 2022, these choruses resumed live performances, implementing safety measures such as requiring proof of vaccination and the use of masks for patrons at all concerts, except for one. These precautions resulted in a high turnout of enthusiastic audience members, filling up 90% of the concert venues at full capacity. This demonstrates the strong appeal and importance of music in building connections and uniting individuals within the community, as facilitated by the Rocky Mountain Arts Association.
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Impact
July, 2024
Rocky Mountain Arts Association's impact is evident in their dedication to building community through music. Their member choruses have successfully returned to live performances, implementing safety measures such as requiring proof of vaccination and masks for patrons. This approach resulted in enthusiastic audience numbers at 90% of capacity, showcasing the organization's ability to bring people together through the power of music.
This information is meant to be a general summary of Rocky Mountain Arts Association. 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: $929
- Program Service Revenue: $180,437
- Gross Receipts: $804,248
Assets and Liabilities:
- Total Assets: $778,773
- Total Liabilities: $16,974
- Net Assets: $761,799
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$172,582
RETREAT INCOME
Revenue
$4,215
ADVERTISING INCOME
Revenue
$3,640
Organization Details
Founding Year
1982
Phone
(303) 325-3959Principal Officer
Michael Sattler
Main Address
700 COLORADO BLVD 325, DENVER, CO, 80206
Website
www.rmarts.orgNTEE Category
Code: A60 - Arts
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