Overview
What is Solvang Danish Days Foundation?
The Solvang Danish Days Foundation is a nonprofit organization situated in Solvang, California. Their primary mission is to organize and manage the annual Danish Days Festival, an event that celebrates and preserves the Danish cultural heritage of Solvang for the wider public. This foundation plays a significant role in supporting and enriching the community's Danish history, contributing positively to the local culture. Their activities mainly revolve around the preparation and execution of this annual festival.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating
The Solvang Danish Days Foundation has received a One-Star rating from Charity Navigator, indicating significant areas for improvement in its accountability and transparency practices. The organization has a 53% score in Accountability & Finance, with no independent board members, which raises concerns about governance. While the organization has not reported any material diversion of assets and maintains a strong program expense ratio of 96.36%, its lack of independent oversight is notable.
Strengths of the Solvang Danish Days Foundation include a solid program expense ratio, suggesting that a large portion of its resources is allocated directly to its charitable programs. Additionally, the organization has maintained a perfect score in its liabilities to assets ratio, indicating sound financial stability. However, the absence of critical policies such as a conflict of interest policy and whistleblower policy, along with the lack of an independent board, presents significant challenges.
Furthermore, the foundation's website is missing from its tax form, and essential documents like tax filings and meeting minutes are not publicly accessible as required. This lack of transparency and governance practices may impact donor confidence and the organization's overall effectiveness in fulfilling its mission. Addressing these governance issues will be essential for improving its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Solvang Danish Days Foundation legitimate?
Solvang Danish Days Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Solvang Danish Days Foundation 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 Solvang Danish Days Foundation?
The Solvang Danish Days Foundation's mission is centered around organizing and running an annual festival, specifically the Danish Days event. This event is aimed at celebrating and enriching the Danish cultural heritage for a wide public audience, serving to promote and preserve this historical aspect. The foundation's activities primarily revolve around the preparation and organization of the Danish Days Festival annually in an unspecified location.
What is the revenue of Solvang Danish Days Foundation?
Solvang Danish Days Foundation's revenue in 2024 was $134,443.
Who are the executives of Solvang Danish Days Foundation and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Solvang Danish Days Foundation?
Solvang Danish Days Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Solvang Danish Days Foundation
The Solvang Danish Days Foundation is dedicated to an essential mission. This organization takes on the responsibility of organizing and running the annual Danish Days Festival in an unspecified location. This event serves to support and enrich the Danish cultural heritage, making it accessible and enjoyable for the general public. By doing so, the Solvang Danish Days Foundation plays a significant role in preserving and promoting Danish traditions, contributing to a rich cultural tapestry for all to appreciate.
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Impact
October, 2024
The Solvang Danish Days Foundation significantly enhances the cultural landscape of Solvang by organizing the annual Danish Days Festival. This vibrant event not only celebrates the rich Danish heritage of the city but also draws attention to its unique cultural history, making it accessible and engaging for the general public. Through various activities, performances, and exhibits, the festival fosters community spirit, encourages local participation, and attracts visitors, thereby stimulating the local economy. By prioritizing the preservation and promotion of Danish traditions, the Foundation plays a vital role in enriching the community's cultural identity and ensuring that these traditions are passed on to future generations.
This information is meant to be a general summary of Solvang Danish Days Foundation. 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 2024.
- Investment Income: $23
- Program Service Revenue: $57,180
- Gross Receipts: $134,443
Assets and Liabilities:
- Total Assets: $40,941
- Total Liabilities: $0
- Net Assets: $40,941
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DANISH DAYS EVENT
Revenue
$57,180
Organization Details
Principal Officer
Thomas Birkholm
NTEE Category
Code: A230 - Arts
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