Overview
What is Society Of Traditional Medicine And Art?
The Society of Traditional Medicine and Art is a nonprofit organization with a dual mission. Primarily, it engages in research and community outreach to disseminate the advantages of Traditional Chinese Medicine. Simultaneously, it strives to preserve and promote Asian arts and antiquities. To achieve these objectives, the society offers acupuncture and herbal services and showcases Asian antiques and art. Furthermore, they extend free acupuncture and herbal medicine treatments to underprivileged communities while educating and displaying Asian arts and artifacts to the public.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating.
The Society of Traditional Medicine and Art has received a rating of 53%, indicating significant concerns regarding its accountability and finance practices. With a low score on board independence and missing policies such as conflict of interest and whistleblower protections, the organization demonstrates a lack of transparency and governance standards that are often critical for trust among donors.
Despite these shortcomings, the nonprofit does show a strong commitment to program expenses, with an impressive program expense ratio of 97.65%. This suggests that the majority of its financial resources are allocated towards its mission-related activities. However, the absence of essential documentation on its website, including tax forms and retention policies, raises questions about its overall operational integrity.
Overall, while the Society of Traditional Medicine and Art is effectively using its funds towards programs, the lack of an independent board and critical governance policies points to areas that need urgent improvement to enhance accountability and build donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Society Of Traditional Medicine And Art legitimate?
Society Of Traditional Medicine And Art is a legitimate nonprofit organization registered as a 501(c)(3) entity. Society Of Traditional Medicine And Art 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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What is the mission statement of Society Of Traditional Medicine And Art?
The Society of Traditional Medicine and Art has a two-pronged mission. Firstly, it conducts research and engages in community outreach to disseminate the advantages of Traditional Chinese Medicine. Secondly, the organization is dedicated to preserving and promoting Asian arts and antiquities, making them accessible to the general public. To accomplish its objectives, the society offers free acupuncture and herbal medicine treatments to lower-income communities and promotes, educates, preserves, and displays Asian arts and antiquities.
Who is the CEO of Society Of Traditional Medicine And Art?
Helen Du Qing Wang is the Chair of Society Of Traditional Medicine And Art.
What is the revenue of Society Of Traditional Medicine And Art?
Society Of Traditional Medicine And Art's revenue in 2022 was $72,000.
Who are the executives of Society Of Traditional Medicine And Art and what are their salaries?
Here are 3 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Society Of Traditional Medicine And Art?
Society Of Traditional Medicine And Art's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Society Of Traditional Medicine And Art
The Society of Traditional Medicine and Art is dedicated to two primary objectives. Firstly, it engages in research and community outreach to disseminate the advantages of Traditional Chinese Medicine. Secondly, it strives to preserve and promote Asian arts and antiquities, making them accessible to the general public. The organization carries out this mission by providing free acupuncture and herbal medicine treatments to lower-income communities. Additionally, it serves as a platform for the exhibition and education of Asian arts and antiquities, aiming to foster a deeper understanding and appreciation of these cultural treasures.
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Impact
August, 2024
The Society of Traditional Medicine and Art has a significant impact on both the healthcare and cultural realms. Through their research and community outreach, they are sharing the benefits of Traditional Chinese Medicine with a wider audience. By offering free treatment of acupuncture and herbal medicine to lower-income communities, they are making these alternative healing practices accessible to those who may not otherwise have access.
Furthermore, the Society is actively involved in the preservation and promotion of Asian arts and antiquities. By educating, preserving, and displaying these cultural treasures, they are contributing to the appreciation and understanding of Asian heritage within the general public. This dual mission demonstrates their commitment to both healthcare equity and cultural preservation, making a tangible difference in both areas.
This information is meant to be a general summary of Society Of Traditional Medicine And Art. 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.
- Gross Receipts: $72,000
Assets and Liabilities:
- Total Assets: $369,959
- Total Liabilities: $0
- Net Assets: $369,959
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Organization Details
Founding Year
1997
Phone
(737) 825-5155Principal Officer
Helen Du Qing Wang
Main Address
4004 VALLEY VIEW RD, AUSTIN, TX, 78704
NTEE Category
Code: B82 - Education
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