Overview
What is Foundation For The Performing Arts Center?
The Foundation For The Performing Arts Center is a nonprofit organization based in San Luis Obispo, California. Its primary mission is to promote and provide an exceptional and accessible performing arts center that enriches the local community. The foundation and its partners, including the City of San Luis Obispo and Cal Poly, contribute over half of the center's $3.1 million budget, ensuring it remains affordable and accessible. The organization's efforts result in numerous benefits for the community, such as providing 9,000 children with free school matinees, offering local arts groups a 75% discount on rental rates, allowing 6,000 young artists to perform on a world-class stage, and maintaining the center's like-new and state-of-the-art condition. The foundation's work is supported by a team of four dedicated individuals.
Official website here: www.fpacslo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating
The Foundation For The Performing Arts Center has achieved a commendable rating of 96%, indicating a high level of accountability and transparency within its operations. This score is derived entirely from its accountability and finance metrics, showcasing the organization's commitment to maintaining robust financial health and governance.
One of the notable strengths of this nonprofit is its fully independent board, consisting of 16 members, which demonstrates a commitment to unbiased oversight and decision-making. The organization also excels in maintaining comprehensive financial statements, evidenced by an unqualified audit report, and it has implemented several important policies, including conflict of interest and whistleblower policies, contributing to its strong governance framework.
While the organization performs well in financial management, allocating over 69% of its expenses to programs, it maintains a low liabilities-to-assets ratio of just 0.13%. This indicates financial stability and suggests that the organization is effectively using its resources for its mission, though potential donors and stakeholders may want to consider its overall impact and outreach as part of their assessment.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Foundation For The Performing Arts Center?
96% of the 11 reviewers on Facebook recommend the Foundation for the Performing Arts Center. Here is a summary of their reviews:
Many individuals express appreciation for this dynamic organization, highlighting its commitment to supporting the local Performing Arts Center at Cal Poly. Reviewers commend the group's passionate efforts in serving both the performing arts community and its audience, reflecting a strong sense of dedication among the members involved.
Overall, people feel positively about the Foundation's contributions, indicating that it plays a significant role in enriching the cultural scene and promoting the arts in the area. This nonprofit appears to successfully deliver on its mission and foster a supportive environment for the performing arts.
This AI summary has been generated from reviews found on Facebook.
Is Foundation For The Performing Arts Center legitimate?
Foundation For The Performing Arts Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For The Performing Arts Center 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: $173,218
For more financial information, click here
Official website here: www.fpacslo.org
What is the mission statement of Foundation For The Performing Arts Center?
The Foundation For The Performing Arts Center's mission is to establish and promote an exceptional and affordable performing arts center that enhances the arts within the community. By collaborating with foundation members, the city of San Luis Obispo, and Cal Poly, they contribute significantly to the center's $3.1 million budget. Their contributions ensure the center's accessibility, enabling:
1. The admission-free attendance of 9,000 schoolchildren to matinees.
2. Providing local arts groups with a substantial discount on rental rates at the center.
3. Offering young artists an opportunity to perform on a world-class stage, allowing 6,000 of them to showcase their talents.
4. Maintaining the center's pristine condition and keeping it up-to-date.
Official website here: www.fpacslo.org
Who is the CEO of Foundation For The Performing Arts Center?
Joey Leslie is the President of Foundation For The Performing Arts Center.
Official website here: www.fpacslo.org
What is the revenue of Foundation For The Performing Arts Center?
Foundation For The Performing Arts Center's revenue in 2022 was $900,272.
Official website here: www.fpacslo.org
Who are the executives of Foundation For The Performing Arts Center and what are their salaries?
The average compensation at Foundation For The Performing Arts Center during 2022 was $43,304. There are 4 employees at Foundation For The Performing Arts Center.
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Official website here: www.fpacslo.org
Where can I find the form 990 for Foundation For The Performing Arts Center?
Foundation For The Performing Arts Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fpacslo.org
Learn more at the official website: www.fpacslo.org
Mission Statement of Foundation For The Performing Arts Center
The Foundation for the Performing Arts Center is committed to providing and promoting an extraordinary and accessible center for performing arts in the community. This mission elevates the arts and keeps the center affordable and accessible to a wide range of audiences. Through the contributions of foundation members and partners, including the City of San Luis Obispo and Cal Poly, over half of the center's $3.1 million budget is provided. This funding enables various initiatives, such as:
1. Offering free school matinees to 9,000 children, providing them with an enriching experience in the arts.
2. Extending a 75% discount on center rental rates to local arts groups, enabling them to showcase their talents and engage with the community.
3. Presenting opportunities for 6,000 young artists to perform on a world-class stage, fostering their growth and development in the performing arts.
4. Keeping the center in pristine condition, ensuring it remains like-new and state-of-the-art, providing a superior experience for all visitors.
By pursuing this mission, the Foundation for the Performing Arts Center plays a vital role in promoting the arts and making them accessible to a diverse audience, thereby enriching the community's cultural landscape.
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Impact
July, 2024
Foundation For the Performing Arts Center has a significant impact on the community by providing and promoting an extraordinary and accessible center for the performing arts. Through partnerships with the City of San Luis Obispo and Cal Poly, the Foundation contributes more than half of the center's $3.1 million budget. This support ensures that the hall remains accessible and affordable for various programs and initiatives.
The impact of Foundation For the Performing Arts Center can be seen in its efforts to bring 9,000 children to school admission-free school matinees, provide local arts groups with a 75% discount on center rental rates, offer performance opportunities to 6,000 young artists on a world-class stage, and maintain the center as a state-of-the-art facility. These initiatives not only enrich the cultural landscape of the community but also support the development of young talent and promote accessibility to the arts for all.
This information is meant to be a general summary of Foundation For The Performing Arts Center. 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: $181,733
- Gross Receipts: $900,272
Assets and Liabilities:
- Total Assets: $8,046,022
- Total Liabilities: $10,836
- Net Assets: $8,035,186
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Organization Details
Founding Year
1986
Phone
(805) 541-5401Principal Officer
Joey Leslie
Main Address
PO BOX 1137, SAN LUIS OBISPO, CA, 93406
Website
www.fpacslo.orgNTEE Category
Code: A610 - Arts
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