Overview
What is Firehouse Performing Arts Center?
The Firehouse Performing Arts Center (FPAC), located at 3010 Minnehaha Avenue South, Minneapolis, Minnesota 55406, is a nonprofit organization that transforms a repurposed firehouse into a vibrant hub for artistic growth. It hosts multiple unique stages, including the Hook & Ladder Theater, The Mission Room, and an award-winning outdoor concert series during the warmer months. The center serves as a safe space for Minnesota artists, providing them with an opportunity to hone their skills and develop an audience. FPAC collaborates with artists across various disciplines, such as music, dance, literature, theater, fashion, and culinary arts, catering to both seasoned and emerging talents. The center also strives to amplify marginalized voices in the community and offers space for various gatherings, engagements, and non-profit fundraising activities. With a team of 14 dedicated individuals, FPAC is committed to enabling the citizens of Minnesota to participate in the creation, performance, or appreciation of the performing arts.
Official website here: www.thehookmpls.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star Rating
The Firehouse Performing Arts Center has achieved a commendable 88% rating from Charity Navigator, which translates to a Three-Star rating. This rating reflects a strong emphasis on accountability and finance, demonstrating responsible stewardship of resources. The charity scored particularly well in areas such as having a fully independent board and a clear conflict of interest policy, contributing to its overall financial health and transparency.
Strengths noted in the evaluation include the absence of material diversion of assets and a robust program expense ratio of 70.59%, indicating that a significant portion of their budget is directed towards programmatic activities. Additionally, the organization has received full points for its financial statements audit and maintains proper documentation of board meeting minutes, which further enhances its accountability.
However, there are some limitations, as the Firehouse Performing Arts Center is missing key policies such as a whistleblower policy and document retention and destruction policy. These gaps suggest areas for improvement in their governance practices. Overall, while the organization exhibits strong financial management, addressing these policy deficiencies could further enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Firehouse Performing Arts Center legitimate?
Firehouse Performing Arts Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Firehouse 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: $75,558
Professional Fundraising Fees: $0
Other Salaries and Wages: $242,018
For more financial information, click here
Official website here: www.thehookmpls.com
What is the mission statement of Firehouse Performing Arts Center?
The Firehouse Performing Arts Center's mission is centered around enabling the citizens of Minnesota to engage in the creation, performance, or appreciation of various performing arts. Operating multiple unique stages, including the Hook & Ladder Theater, The Mission Room, and an award-winning outdoor concert series, the center provides a safe space for local artists to hone their skills. It collaborates with artists to cultivate an audience, offering revenue-generating performance opportunities across various disciplines and experience levels. Furthermore, the Firehouse Performing Arts Center strives to serve as a platform for marginalized voices within the community and accommodates a range of gatherings, engagements, and non-profit fundraising activities.
Official website here: www.thehookmpls.com
What is the revenue of Firehouse Performing Arts Center?
Firehouse Performing Arts Center's revenue in 2023 was $1,163,190.
Official website here: www.thehookmpls.com
Who are the executives of Firehouse Performing Arts Center and what are their salaries?
The average compensation at Firehouse Performing Arts Center during 2023 was $21,172. There are 15 employees and 72 volunteers at Firehouse Performing Arts Center.
Here are 8 key members and their salaries:
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- Compensation: $74,994
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- Other: $2,658
Official website here: www.thehookmpls.com
Where can I find the form 990 for Firehouse Performing Arts Center?
Firehouse Performing Arts Center's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thehookmpls.com
Learn more at the official website: www.thehookmpls.com
Mission Statement of Firehouse Performing Arts Center
The Firehouse Performing Arts Center (FPAC) is committed to allowing the citizens of Minnesota to participate in the creation, performance, or appreciation of the performing arts. This nonprofit organization operates multiple unique stages, including the Hook & Ladder Theater, The Mission Room, and an award-winning outdoor concert series under the canopy, providing a safe space for Minnesota artists to develop their skills. FPAC works closely with artists to develop an audience and provides essential revenue-generating performance opportunities across various disciplines, such as music, dance, literary arts, theater, fashion, and culinary arts, catering to a range of experience levels.
Moreover, Firehouse Performing Arts Center strives to provide a platform for marginalized voices in the community and offers space for a variety of gatherings, engagements, and non-profit fundraising activities. Their mission is not just about showcasing performances but also about empowering local artists and fostering a vibrant and inclusive performing arts scene in Minnesota.
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Impact
July, 2024
Firehouse Performing Arts Center, located in Minneapolis, MN, plays a significant role in fostering the development of Minnesota artists by providing them with multiple unique stages to showcase their talents. Through its operations at the repurposed firehouse, which includes The Hook & Ladder Theater, The Mission Room, and the award-winning outdoor concert series under the canopy, Firehouse Performing Arts Center offers a safe space for artists to hone their skills and connect with audiences.
Moreover, Firehouse Performing Arts Center collaborates with artists from various disciplines such as music, dance, literary arts, theater, fashion, and culinary arts, offering them revenue-generating performance opportunities at different experience levels. The center also prioritizes providing a platform for marginalized voices in the community, amplifying their artistic expressions and contributions.
Additionally, Firehouse Performing Arts Center serves as a hub for various gatherings, engagements, and nonprofit fundraising activities, enhancing community involvement and support for the arts. By fulfilling its mission to enable the citizens of Minnesota to participate in the creation, performance, or appreciation of the performing arts, Firehouse Performing Arts Center significantly contributes to the cultural vibrancy and artistic landscape of the region.
This information is meant to be a general summary of Firehouse 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 2023.
- Investment Income: $13
- Program Service Revenue: $565,042
- Gross Receipts: $1,296,945
Assets and Liabilities:
- Total Assets: $550,293
- Total Liabilities: $232,010
- Net Assets: $318,283
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$565,042
Organization Details
Founding Year
2016
Principal Officer
Robert Deboer
Website
www.thehookmpls.comNTEE Category
Code: A61 - Arts
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