Overview
What is Worcester Cultural Coaltioninc?
Worcester Cultural Coalitioninc is a nonprofit organization situated in Worcester, Massachusetts, specifically at 455 Main Street, 4th Floor, 01608. Their primary mission is to leverage Worcester's abundant and diverse cultural assets to stimulate economic growth, encourage active and creative engagement for everyone, and strengthen a robust cultural identity for the broader Worcester area. To accomplish this, they offer various programming and events, fostering an inclusive and vibrant community.
Official website here: www.worcesterculture.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Stars
The Worcester Cultural Coalition has received a strong 92% rating from Charity Navigator, indicating a high level of accountability and financial health. This rating is based solely on a comprehensive evaluation of its nonprofit practices, particularly in terms of financial management and governance. The organization boasts a majority independent board, strong financial oversight, and no noted material diversion of assets, reinforcing its credibility and trustworthiness.
Strengths of the organization include a robust governance structure, as evidenced by its high scores in board independence and the presence of an audit and oversight committee. Additionally, the coalition allocates a significant portion of its expenditures (95.63%) directly to its programs, which reflects a commitment to its mission and effective use of donor funds. The presence of a conflict of interest policy and proper documentation practices further support its operational integrity.
However, one limitation noted in the evaluation is the absence of a whistleblower policy, which could be a concern for transparency and accountability. While this does not overshadow the overall positive assessment, addressing this gap could enhance the organization’s governance framework. Overall, the Worcester Cultural Coalition demonstrates strong leadership and financial responsibility, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Worcester Cultural Coaltioninc legitimate?
Worcester Cultural Coaltioninc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Worcester Cultural Coaltioninc 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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Official website here: www.worcesterculture.org
What is the mission statement of Worcester Cultural Coaltioninc?
The Worcester Cultural Coalition's mission is centered around leveraging the city's rich and diverse cultural assets to facilitate economic revitalization, encourage active and creative engagement for everyone, and strengthen a robust cultural identity for the broader community. Their activities primarily involve organizing various programming and events in the greater Worcester area. The aim is to foster a vibrant cultural scene that contributes to the overall development and enrichment of the community.
Official website here: www.worcesterculture.org
What is the revenue of Worcester Cultural Coaltioninc?
Worcester Cultural Coaltioninc's revenue in 2023 was $722,979.
Official website here: www.worcesterculture.org
Who are the executives of Worcester Cultural Coaltioninc and what are their salaries?
Here are 17 key members and their salaries:
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Official website here: www.worcesterculture.org
Where can I find the form 990 for Worcester Cultural Coaltioninc?
Worcester Cultural Coaltioninc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.worcesterculture.org
Learn more at the official website: www.worcesterculture.org
Mission Statement of Worcester Cultural Coaltioninc
The Worcester Cultural Coalition, an organization with a rich and diverse cultural heritage, is dedicated to promoting economic revitalization and fostering active, creative engagement for all within the community. The coalition's mission is twofold: firstly, it aims to draw upon Worcester's cultural assets to stimulate economic growth. Secondly, it seeks to establish a strong cultural identity for Greater Worcester, thereby encouraging engagement and promoting a sense of unity among its residents. By providing various programming and events, the Worcester Cultural Coalition plays a vital role in enriching the community's cultural landscape and fostering a sense of belonging.
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Impact
July, 2024
Worcester Cultural Coalitioninc plays a vital role in leveraging Worcester's cultural richness to drive economic revitalization, encourage active and creative participation for all residents, and reinforce a strong cultural identity for Greater Worcester. Through its diverse programs and events, the organization fosters community engagement and contributes to a vibrant cultural landscape in the area.
This information is meant to be a general summary of Worcester Cultural Coaltioninc. 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: $5,904
- Program Service Revenue: $165,839
- Gross Receipts: $722,979
Assets and Liabilities:
- Total Assets: $3,569,400
- Total Liabilities: $484,436
- Net Assets: $3,084,964
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM EVENTS
Revenue
$140,703
MEMBERSHIP DUES
Revenue
$25,136
Organization Details
Founding Year
2016
Principal Officer
Fabian Barracks
Website
www.worcesterculture.orgNTEE Category
Code: A20 - Arts
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