Sierra Music And Arts Institute

Charity Navigator Rating: Needs Improvement (70%, Two-Star out of Four Star rating)

The Sierra Music And Arts Institute has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its accountability and finance practices. The overall score is based solely on accountability metrics, where the organization scored 70%. While the institute has a fully independent board and demonstrates a strong program expense ratio of 81.56%, several critical policies and documents are missing, which have negatively impacted its score.

Strengths of the organization include having a complete independent board and a favorable liabilities to assets ratio, indicating sound financial health. However, the absence of key governance policies such as a conflict of interest policy, whistleblower policy, and documentation like board meeting minutes raises concerns about transparency and accountability. This lack of documentation may hinder stakeholder trust and could affect funding opportunities.

In summary, while the Sierra Music And Arts Institute shows promise with its program expenses and board independence, the missing governance policies and documentation prevent it from achieving a higher rating. Addressing these deficiencies would enhance its credibility and effectiveness in serving its mission.

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

Sierra Music And Arts Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sierra Music And Arts Institute 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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