Overview
What is Cultural Arts Rotary Foundation?
The Cultural Arts Rotary Foundation is a nonprofit organization situated in Fresno, California. Its primary objective is to distribute funds and resources to organizations that hold a 501(C)3 exemption status under the Internal Revenue Service. These organizations focus on various sectors, including arts organizations, Storyland, and initiatives that benefit underserved youth. The Foundation achieves its mission through annual fundraising events, aiming to raise funds and contribute to these noble causes.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
The Cultural Arts Rotary Foundation has achieved a 73% rating, indicating some strength in accountability and finance but also highlighting areas needing improvement. The organization boasts a fully independent board and excellent scores in terms of asset management and program expenses, suggesting that funds are largely used for their intended purpose. Specifically, the program expense ratio stands at an impressive 83.07%, reflecting a strong commitment to mission-related activities.
However, the organization faces notable shortcomings in governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention protocols has resulted in zero points in these critical areas. Furthermore, the charity has not made its tax form available on its website, which may inhibit transparency and accountability. Overall, while the Cultural Arts Rotary Foundation demonstrates effective financial management, it should prioritize enhancing its governance practices to improve its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Cultural Arts Rotary Foundation legitimate?
Cultural Arts Rotary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cultural Arts Rotary 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.
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Professional Fundraising Fees: $0
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What is the mission statement of Cultural Arts Rotary Foundation?
The Cultural Arts Rotary Foundation's mission is to distribute funds and property solely for the benefit of organizations that are exempt from federal taxation under Section 501(C)3 of the Internal Revenue Service. This foundation supports various charitable causes, primarily focusing on Storyland, underserved youth, and arts organizations through its annual fundraisers. By doing so, it contributes to the betterment of these sectors, fostering growth and development in the community.
Who is the CEO of Cultural Arts Rotary Foundation?
Elva Rodriguez is the President of Cultural Arts Rotary Foundation.
What is the revenue of Cultural Arts Rotary Foundation?
Cultural Arts Rotary Foundation's revenue in 2023 was $55,037.
Who are the executives of Cultural Arts Rotary Foundation and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Cultural Arts Rotary Foundation?
Cultural Arts Rotary Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Cultural Arts Rotary Foundation
The Cultural Arts Rotary Foundation is committed to distributing funds and property exclusively for the benefit of organizations that have been exempted from federal taxation under Section 501(C)3 of the Internal Revenue Service. This mission is centered around providing financial assistance to organizations that align with their charitable objectives. The foundation primarily focuses on supporting organizations that share their goal of enriching the lives of individuals, particularly underprivileged youth and those involved in the arts. They achieve this objective through their annual fundraisers, which generate funds to benefit these various causes. The Cultural Arts Rotary Foundation's activities are geared towards making a positive impact in the communities they serve, by channeling resources to organizations that are making a difference in the lives of others.
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Impact
August, 2024
The Cultural Arts Rotary Foundation's impact is felt through its annual fundraisers that raise funds to benefit Storyland, underserved youth, and arts organizations in Fresno, California. By distributing money and property solely to or for the benefit of organizations exempt from federal taxation under Section 501(c)3, the foundation is able to support crucial programs and initiatives that promote cultural arts, education, and community development. Through its focused efforts, the foundation plays a vital role in enhancing human services and enriching the lives of individuals in the community.
This information is meant to be a general summary of Cultural Arts Rotary 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 2023.
- Investment Income: $10,495
- Gross Receipts: $55,037
Assets and Liabilities:
- Total Assets: $292,130
- Total Liabilities: $0
- Net Assets: $292,130
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Organization Details
Phone
(559) 341-6921Principal Officer
Elva Rodriguez
Main Address
PO BOX 26681, FRESNO, CA, 93720
NTEE Category
Code: P58 - Human services
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