Overview
What is Miracle Of Pentecost Foundation Inc?
The Miracle of Pentecost Foundation Inc, situated in Dallas, Texas, is a nonprofit organization that focuses primarily on religious and Biblical art. Based at PO Box 12727, they are committed to showcasing and promoting religious and Biblical artworks through their Museum of Biblical Arts. The foundation also organizes and sponsors exhibits with themes relating to religion and the Bible. Their mission revolves around the operation and presentation of these artworks and exhibits, aiming to engage and educate individuals in a spiritual context.
Official website here: www.biblicalarts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating.
The Miracle Of Pentecost Foundation Inc has achieved a commendable 94% score, reflecting strong performance in accountability and finance metrics. This high rating is significant as it indicates transparency and effective management practices, which are essential for donor confidence. The organization demonstrates a commitment to best practices, with an entirely independent board and no reported diversion of assets.
The foundation excels in areas such as maintaining a conflict of interest policy, a whistleblower policy, and proper documentation retention procedures. These factors contribute to its robust governance framework and assure stakeholders of its integrity. Furthermore, the organization has a healthy liabilities to assets ratio of 2.39%, suggesting financial stability and responsible stewardship of resources.
However, while the program expense ratio is solid at 67.91%, indicating that a significant portion of its budget is allocated to programs, there is room for improvement in this area to maximize impact. Overall, the Miracle Of Pentecost Foundation Inc appears to be a trustworthy nonprofit, successfully prioritizing accountability and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Miracle Of Pentecost Foundation Inc legitimate?
Miracle Of Pentecost Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Miracle Of Pentecost 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: $0
Professional Fundraising Fees: $10,000
Other Salaries and Wages: $0
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Official website here: www.biblicalarts.org
What is the mission statement of Miracle Of Pentecost Foundation Inc?
The Miracle of Pentecost Foundation Inc. is dedicated to promoting religious and Biblical artworks through its Museum of Biblical Arts. The organization frequently organizes and supports exhibits with themes centered around religion and the Bible. Their primary mission involves showcasing and celebrating these artistic expressions that hold deep spiritual significance. By doing so, they aim to enrich the understanding and appreciation of religious art for a broader audience.
Official website here: www.biblicalarts.org
Who is the CEO of Miracle Of Pentecost Foundation Inc?
Wayne Yates is the President of Miracle Of Pentecost Foundation Inc.
Official website here: www.biblicalarts.org
What is the revenue of Miracle Of Pentecost Foundation Inc?
Miracle Of Pentecost Foundation Inc's revenue in 2022 was $456,321.
Official website here: www.biblicalarts.org
Who are the executives of Miracle Of Pentecost Foundation Inc and what are their salaries?
There 50 volunteers at Miracle Of Pentecost Foundation Inc.
Here are 7 key members and their salaries:
- Compensation: $190,326
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- Other: $0
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Official website here: www.biblicalarts.org
Where can I find the form 990 for Miracle Of Pentecost Foundation Inc?
Miracle Of Pentecost Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.biblicalarts.org
Learn more at the official website: www.biblicalarts.org
Mission Statement of Miracle Of Pentecost Foundation Inc
The Miracle of Pentecost Foundation Inc is dedicated to its mission of operating the Museum of Biblical Arts. This mission involves providing a platform for religious and Biblical artworks, and hosting exhibits with themes centered around religion and the Bible. The foundation not only houses these artworks but also actively sponsors and organizes events that align with these themes, contributing to the spiritual and cultural enrichment of its visitors.
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Impact
July, 2024
Miracle Of Pentecost Foundation Inc, operating the Museum of Biblical Arts in Dallas, TX, has a significant impact on the community through its provision of religious and Biblical artwork. The foundation conducts and sponsors exhibits with religious and Biblical themes, creating a space for cultural and spiritual enrichment. The Religious Mural Theater, along with other collections and art pieces, serves as a platform for promoting religious understanding and appreciation. Through its activities, Miracle Of Pentecost Foundation Inc contributes to the preservation and dissemination of religious art, engaging audiences in meaningful and thought-provoking experiences.
This information is meant to be a general summary of Miracle Of Pentecost 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 2022.
- Program Service Revenue: $223,538
- Gross Receipts: $456,321
Assets and Liabilities:
- Total Assets: $7,143,673
- Total Liabilities: $171,314
- Net Assets: $6,972,359
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Miscellaneous
Revenue
$2,645
Gift Shop Sales
Revenue
$17,757
Admissions
Revenue
$86,310
Event Room Rental
Revenue
$78,036
Wedding Room Rental
Revenue
$38,790
Organization Details
Founding Year
1966
Principal Officer
Wayne Yates
Main Address
PO Box 12727, Dallas, TX, 75225
Website
www.biblicalarts.orgNTEE Category
Code: X20Z - Religion related
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