Tx Performing Chinese Arts

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 752401746 ✦ Richardson, TX ✦ Designated as a 501(c)(3)

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Overview

What is Tx Performing Chinese Arts?

Tx Performing Chinese Arts is a vibrant performing arts organization situated in Richardson, Texas. Their primary focus is threefold: engaging in musical performances, providing music education, and contributing to civic service. By embracing this multifaceted mission, they aim to enrich their local community and beyond.


Official website here: www.pandausa.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 14%

Tx Performing Chinese Arts has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The organization scored only 14% overall, with particularly low scores in areas such as board independence and financial transparency. Specifically, it has no independent board members and lacks essential policies such as conflict of interest and whistleblower policies.

The absence of publicly available financial statements is a major limitation in evaluating the charity's financial health and operational effectiveness. While it does show a 31.30% program expense ratio, this figure suggests that a substantial portion of its resources may not be directed towards its programming, raising questions about its overall impact and effectiveness.

On a positive note, the organization does maintain some documentation, including board meeting minutes, and has its website listed on its tax form. However, the numerous missing policies and documents indicate a lack of robust governance practices that are critical for building trust and ensuring responsible management of the nonprofit's resources.


This AI summary has been generated from information found on Charity Navigator.

Is Tx Performing Chinese Arts legitimate?

Tx Performing Chinese Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tx Performing Chinese 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.pandausa.org

What is the mission statement of Tx Performing Chinese Arts?

Tx Performing Chinese Arts, as a performing arts organization, is committed to three primary objectives: music performance, music education, and civic service. Their mission is geared towards utilizing artistic expression to instruct and engage the community, while also contributing to societal well-being. They strive to provide engaging musical performances, offer educational programs in music, and contribute to community service initiatives. This holistic approach allows Tx Performing Chinese Arts to enhance cultural understanding and foster a sense of community.


Official website here: www.pandausa.org

Who is the CEO of Tx Performing Chinese Arts?

David Wong is the Conductor of Tx Performing Chinese Arts.


Official website here: www.pandausa.org

What is the revenue of Tx Performing Chinese Arts?

Tx Performing Chinese Arts's revenue in 2022 was $582,675.


Official website here: www.pandausa.org

Who are the executives of Tx Performing Chinese Arts and what are their salaries?


There is 1 key member and their salary:


David Wong (Conductor)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pandausa.org

Where can I find the form 990 for Tx Performing Chinese Arts?

Tx Performing Chinese Arts's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pandausa.org

Learn more at the official website: www.pandausa.org

Mission Statement of Tx Performing Chinese Arts

Tx Performing Chinese Arts, as a performing arts organization, is dedicated to three primary objectives: music performance, music education, and civic service. Their mission, in essence, revolves around showcasing Chinese music through performances, fostering an appreciation for this art form through education, and contributing to the community through various service initiatives. By embracing these objectives, Tx Performing Chinese Arts seeks to enrich both the cultural landscape and the lives of its audience and participants.

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Impact




July, 2024

Tx Performing Chinese Arts has made a significant impact on the community in Richardson, TX through its dedication to music performing, music education, and civic service. The organization has provided opportunities for cultural enrichment and appreciation through its music performances, enriching the lives of both participants and audience members. Additionally, through its music education programs, Tx Performing Chinese Arts has empowered individuals to develop their musical talents and skills, contributing to the growth of local artistic talent.

Furthermore, the organization's commitment to civic service demonstrates its desire to give back to the community and support those in need. By engaging in various service projects and initiatives, Tx Performing Chinese Arts has shown its willingness to make a positive difference in the lives of others.

Overall, Tx Performing Chinese Arts has played a vital role in promoting cultural diversity, artistic expression, and community service in Richardson, TX, leaving a lasting impact on all those who have been touched by its mission and programs.




This information is meant to be a general summary of Tx Performing Chinese 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.

Revenue
$582,675 (2022)
Expenses
$60,541 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $574,436
  • Gross Receipts: $1,045,899

Assets and Liabilities:

  • Total Assets: $1,311,652
  • Total Liabilities: $0
  • Net Assets: $1,311,652

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Organization Details

Founding Year

1991

Principal Officer

David Wong

Main Address

902 STPAUL DR, RICHARDSON, TX, 75080

NTEE Category

Code: A60 - Arts

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