Overview
What is North Texas Business Council For The Arts?
North Texas Business Council for the Arts, also known as Business Council for the Arts, is a nonprofit organization situated in Dallas, Texas. Their primary mission is to encourage and stimulate businesses and municipalities to embrace the arts in various sectors, such as the workplace, education, and the community. To achieve this goal, they have established the Leadership Arts Institute (LAI), which focuses on enhancing nonprofit board leadership skills, fostering knowledge of the North Texas arts community, and highlighting the impact of arts and culture in various settings. Upon completion of the program, graduates are matched to serve on nonprofit boards, thereby strengthening the nonprofit sector with trained, diverse business professionals. The organization annually conducts a class project to benefit the North Texas community, through financial and in-kind contributions. With a team of nine dedicated individuals, North Texas Business Council for the Arts strives to create business/arts partnerships that contribute to building thriving communities.
Official website here: www.ntbca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%, Four-Star out of Four Star rating
The North Texas Business Council For The Arts has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization scored 91% in these areas, indicating effective management of its resources and operations. The rating is derived entirely from a singular beacon score that emphasizes fiscal responsibility.
Strengths of the organization include a fully independent board, consisting of 33 members, which promotes unbiased governance. Additionally, there are no reported material diversions of assets, and the charity maintains comprehensive policies for conflict of interest, whistleblowing, and document retention. Their fiscal health is demonstrated by a low liabilities to assets ratio of 20.18%, suggesting sound financial stability and responsibility.
While the program expense ratio is moderately strong at 65.31%, there is still room for improvement to maximize the impact of funds allocated to programs. Overall, the organization appears to be well-managed, with effective policies and a strong financial foundation, making it a trustworthy choice for donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is North Texas Business Council For The Arts legitimate?
North Texas Business Council For The Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Texas Business Council For The 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: $130,835
Professional Fundraising Fees: $0
Other Salaries and Wages: $247,855
For more financial information, click here
Official website here: www.ntbca.org
What is the mission statement of North Texas Business Council For The Arts?
The North Texas Business Council For The Arts, also known as Business Council For The Arts, aims to encourage, inspire, and stimulate businesses and municipalities to support the arts in various sectors such as the workplace, education, and the community. Their mission is to foster business-arts partnerships that contribute to the development of world-class communities, where people are drawn to live, work, and grow.
The organization's leadership arts institute, LAI, was established to cultivate future business leaders advocating for the arts. LAI focuses on equipping individuals with best practices in nonprofit board leadership, knowledge of the North Texas arts community, and the impact of arts and culture in various sectors. Upon completion of the program, graduates are matched to serve on nonprofit boards of directors, thereby providing trained and diverse business professionals who strengthen the nonprofit sector.
The LAI classes in Dallas and Collin/Denton counties undertake an annual class project to benefit the North Texas community, with support through cash and in-kind donations. This project demonstrates the council's commitment to contributing positively to the local arts scene and community development.
Official website here: www.ntbca.org
Who is the CEO of North Texas Business Council For The Arts?
Stacie Adams is the Bca Founder'S Chairman of North Texas Business Council For The Arts. The CEO's salary of North Texas Business Council For The Arts is $0 and their total compensation is $0.
Official website here: www.ntbca.org
What is the revenue of North Texas Business Council For The Arts?
North Texas Business Council For The Arts's revenue in 2022 was $494,713.
Official website here: www.ntbca.org
Who are the executives of North Texas Business Council For The Arts and what are their salaries?
The average compensation at North Texas Business Council For The Arts during 2022 was $42,077. There are 9 employees and 250 volunteers at North Texas Business Council For The Arts.
Here are 36 key members and their salaries (North Texas Business Council For The Arts's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.ntbca.org
Where can I find the form 990 for North Texas Business Council For The Arts?
North Texas Business Council For The Arts's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ntbca.org
Learn more at the official website: www.ntbca.org
Mission Statement of North Texas Business Council For The Arts
The North Texas Business Council For The Arts, also known as Business Council For The Arts, is a organization with a mission to encourage, inspire, and stimulate businesses and municipalities to support the arts in various sectors, namely in the workplace, education, and the community. Their ultimate goal is to create partnerships between businesses and the arts that contribute to building world-class communities where people desire to live, work, and grow.
To achieve this mission, the North Texas Business Council For The Arts has established the Leadership Arts Institute (LAI). LAI's purpose is to foster the next generation of business leaders who are advocates for the arts. The institute focuses on enhancing nonprofit board leadership skills, increasing knowledge of the North Texas arts community, and understanding the impact of arts and culture in the workplace, education, and community. Upon completion of the program, graduates are matched with nonprofit boards of directors, providing trained, diverse business professionals to strengthen the nonprofit sector. The North Texas Business Council For The Arts also encourages its participants to engage in community projects, supporting these initiatives through financial and in-kind donations.
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Impact
July, 2024
North Texas Business Council For The Arts Dba Business Council For The Arts encourages, inspires, and stimulates businesses and municipalities to support the arts in the workplace, in education, and in the community. The Leadership Arts Institute, a program under their umbrella, focuses on creating and fostering the next generation of business leaders who advocate for the arts. By providing training in board leadership and knowledge of the North Texas arts community, graduates of this program are custom-matched to serve on North Texas Business Council For The Arts Dba Business Council For The Arts boards of directors, bringing diverse business professionals into the sector.
Through initiatives like the Leadership Arts Institute and community projects supported by donations, this organization strengthens the arts community in North Texas. Their mission is to create business/arts partnerships that build world-class communities where people want to live, work, and grow.
This information is meant to be a general summary of North Texas Business Council For The 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: $434
- Program Service Revenue: $131,817
- Gross Receipts: $512,191
Assets and Liabilities:
- Total Assets: $618,688
- Total Liabilities: $124,902
- Net Assets: $493,786
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEADERSHIP ARTS
Revenue
$79,177
ART AT WORK
Revenue
$28,700
ON MY OWN TIME
Revenue
$23,940
Organization Details
Founding Year
1987
Phone
(972) 991-8300Principal Officer
Stacie Adams
Main Address
8687 N CENTRAL EXPRESSWAY STE 2131, DALLAS, TX, 75225
Website
www.ntbca.orgNTEE Category
Code: A99Z - Arts
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