Overview
What is Island Time Music Festival?
The Island Time Music Festival is a charitable initiative with a mission to foster community and enhance the well-being of the residents of Isla Mujeres, Mexico. By selling tickets for their annual event held in February 2017, they raised funds to contribute to the betterment of the local community's living conditions. Although the specific programs or initiatives they undertake beyond ticket sales are not explicitly stated, it's clear that they aim to positively impact the lives of people in Isla Mujeres.
Official website here: www.islandtimemusicfest@gmail.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36%
The Island Time Music Festival has received a low score of 36%, resulting in a Zero-Star out of Four Star rating. This rating indicates significant concerns regarding the charity's accountability and financial practices, as it is based solely on this category. The absence of independent board members and missing policies related to conflict of interest, whistleblower protections, and document retention raise red flags about governance and transparency.
Despite a strong performance in material diversion of assets and a favorable liabilities to assets ratio, the overall financial management appears lacking. The charity reports a program expense ratio of 56.46%, which is relatively low compared to industry standards. This suggests that a larger portion of funds is likely being allocated to administrative costs rather than direct programmatic efforts.
Overall, potential donors should exercise caution when considering support for the Island Time Music Festival due to its governance issues and lack of robust financial accountability. Improving these areas could enhance the charity’s credibility and effectiveness in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Island Time Music Festival legitimate?
Island Time Music Festival is a legitimate nonprofit organization registered as a 501(c)(3) entity. Island Time Music Festival 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
For more financial information, click here
Official website here: www.islandtimemusicfest@gmail.com
What is the mission statement of Island Time Music Festival?
The Island Time Music Festival's mission is centered around working in collaboration to enhance the lives of a community. Specifically, the festival aims to improve the quality of life for people in an unspecified location, using the proceeds from ticket sales as a primary source of funding. In 2017, the festival held an event in February, with the revenue generated used to contribute to this noble cause. The overarching goal is to build a stronger community and make a positive impact on the lives of its members.
Official website here: www.islandtimemusicfest@gmail.com
Who is the CEO of Island Time Music Festival?
Shelee Cornilsen is the Sponsor Coordinator of Island Time Music Festival.
Official website here: www.islandtimemusicfest@gmail.com
What is the revenue of Island Time Music Festival?
Island Time Music Festival's revenue in 2020 was $31,110.
Official website here: www.islandtimemusicfest@gmail.com
Who are the executives of Island Time Music Festival and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $6,600
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $10,400
- Related: $0
- Other: $0
Official website here: www.islandtimemusicfest@gmail.com
Where can I find the form 990 for Island Time Music Festival?
Island Time Music Festival's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.islandtimemusicfest@gmail.com
Learn more at the official website: www.islandtimemusicfest@gmail.com
Mission Statement of Island Time Music Festival
Island Time Music Festival, a community-focused organization, works in partnership to enhance the lives of individuals in an unspecified location. Their primary mission is to improve the quality of life for the community, and they achieved this by selling tickets for a music festival held in February 2017. The proceeds from the festival were aimed at making a positive impact on the lives of the people in the community, specifically in Isla Mujeres, Mexico. The festival served as a means to bring the community together and contribute to its overall development.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The Island Time Music Festival has had a significant impact on the community of Isla Mujeres in Mexico. By selling tickets for the festival held in February, the organization has been able to contribute to the improvement of life on the island. Through their partnership efforts and commitment to building community, the festival has helped enhance the quality of life for the residents of Isla Mujeres. This ongoing support and dedication to the local community demonstrate the festival's commitment to making a positive difference in the lives of those on the island.
This information is meant to be a general summary of Island Time Music Festival. 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 2020.
- Gross Receipts: $141,270
Assets and Liabilities:
- Total Assets: $154,891
- Total Liabilities: $0
- Net Assets: $154,891
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2016
Phone
(530) 301-1090Principal Officer
Shelee Cornilsen
Main Address
3153 LAKE DR, HERMITAGE, TN, 37076
NTEE Category
Code: W12 - Public benefit
If you are a representative of Island Time Music Festival and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.