Overview
What is Venice Institute For Performing Arts Center Management Inc?
Venice Institute For Performing Arts Center Management Inc, located in Venice, Florida, is a dedicated nonprofit organization with a mission to nurture the local arts community and captivate the local population with top-notch entertainment. Their mission also extends to educating individuals in various aspects of performing arts center management, such as internships, apprenticeships, volunteering, and student programs at Venice High School. This comprehensive training aims to offer diverse career opportunities in the performing arts industry. With a team of 17 individuals, the institute provides innovative educational programs and serves as a vital contributor to the local arts scene.
Official website here: www.veniceperformingartscenter.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, earning it a Two-Star out of Four Star rating. This rating indicates a moderate level of accountability and transparency within the Venice Institute For Performing Arts Center Management Inc, though there is room for improvement in various financial aspects.
The organization scores particularly well in governance, with 100% of its board members being independent. It has established important policies including a conflict of interest policy and a whistleblower policy, all of which contribute positively to the organization’s operational integrity. Additionally, its liabilities to assets ratio is solid, showing a manageable level of debt relative to its assets.
However, the nonprofit faces challenges in financial reporting, as it has not provided financial statements, which severely impacts its overall score in that area. Its program expense ratio indicates that a significant portion of its budget goes toward program services, but it could enhance its transparency by improving financial disclosures. Overall, while the organization demonstrates strong governance, it needs to address its lack of financial documentation to further strengthen its standing.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Venice Institute For Performing Arts Center Management Inc?
100% of 4 reviewers on Facebook recommend the Venice Institute For Performing Arts Center Management Inc. Here is a summary of their reviews:
The venue is described as a lovely place with helpful and friendly staff, contributing to a positive experience for attendees. Reviewers highlighted the seating arrangement as well, noting that there are no bad seats in the venue, which adds to the overall enjoyment of performances.
Overall, the enthusiasm from the limited number of reviews suggests that visitors appreciate the environment and amenities offered by the center, making it a recommendable option for those interested in the performing arts.
This AI summary has been generated from reviews found on Facebook.
Is Venice Institute For Performing Arts Center Management Inc legitimate?
Venice Institute For Performing Arts Center Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Venice Institute For Performing Arts Center Management Inc 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: $333,200
For more financial information, click here
Official website here: www.veniceperformingartscenter.com
What is the mission statement of Venice Institute For Performing Arts Center Management Inc?
The Venice Institute for Performing Arts Center Management Inc. is committed to sustaining the local arts community by delivering innovative educational programs. Their mission also involves inspiring the community with first-class entertainment. Furthermore, they focus on educating interns, apprentices, volunteers, and Venice High School students in career-ready skills related to performing arts center management. This education aims to provide various career paths in the performing arts industry.
Official website here: www.veniceperformingartscenter.com
What is the revenue of Venice Institute For Performing Arts Center Management Inc?
Venice Institute For Performing Arts Center Management Inc's revenue in 2023 was $1,734,420.
Official website here: www.veniceperformingartscenter.com
Who are the executives of Venice Institute For Performing Arts Center Management Inc and what are their salaries?
The average compensation at Venice Institute For Performing Arts Center Management Inc during 2023 was $12,341. There are 27 employees and 350 volunteers at Venice Institute For Performing Arts Center Management Inc.
Here are 5 key members and their salaries:
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Official website here: www.veniceperformingartscenter.com
Where can I find the form 990 for Venice Institute For Performing Arts Center Management Inc?
Venice Institute For Performing Arts Center Management Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.veniceperformingartscenter.com
Learn more at the official website: www.veniceperformingartscenter.com
Mission Statement of Venice Institute For Performing Arts Center Management Inc
Venice Institute For Performing Arts Center Management Inc, often referred to as VIPA, is committed to preserving the local arts community by offering innovative educational programs and providing the community with top-notch entertainment. A significant part of their mission is to educate interns, apprentices, volunteers, and students at Venice High School on various aspects of performing arts center management, thereby opening up diverse career paths within the performing arts industry. This comprehensive training equips individuals with career-ready skills, contributing to the sustainability of the arts community. By engaging in these educational endeavors, VIPA aims to inspire and captivate the local community with first-class entertainment, thereby fostering a thriving arts scene.
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Impact
July, 2024
Venice Institute For Performing Arts Center Management Inc's impact is significant in sustaining the local arts community through innovative educational programs and inspiring the local community with first-class entertainment. By providing career-ready skills in all aspects of performing arts center management to interns, apprentices, volunteers, and students at Venice High School, Venice Institute For Performing Arts is creating various career paths in the performing arts industry. This organization plays a crucial role in nurturing talent and fostering a love for the arts in the Venice community.
This information is meant to be a general summary of Venice Institute For Performing Arts Center Management Inc. 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: $205
- Program Service Revenue: $990,461
- Gross Receipts: $1,734,420
Assets and Liabilities:
- Total Assets: $671,754
- Total Liabilities: $957,633
- Net Assets: -$285,879
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOOSTER CLUBS
Revenue
$9,428
CONTRACTUAL REVENUE
Revenue
$132,168
OTHER REVENUE
Revenue
$10,741
PRODUCTION REV
Revenue
$612,767
VENUE RENTAL INCOME
Revenue
$225,357
Organization Details
Founding Year
2016
Principal Officer
Michael T Hartley
NTEE Category
Code: A61 - Arts
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