Overview
What is Downtown Beaumont Cultural Arts District?
The Downtown Beaumont Cultural Arts District is a nonprofit organization situated in Beaumont, Texas. Its primary mission is to foster cultural and economic growth in the historic downtown area by organizing art-related events and providing support to local and visiting artists. The district aims to secure funding for artists, art events, and conservation efforts, serving as a unified and structured approach to promoting arts in the community. This nonprofit entity works towards the enhancement of the cultural landscape and economic vitality of Downtown Beaumont.
Official website here: www.downtownbeaumont.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (65%, Two-Star out of Four Star rating)
The Downtown Beaumont Cultural Arts District has received a "Needs Improvement" rating, which highlights concerns primarily related to governance and transparency. While the organization excels in areas such as accountability and finance, garnering a perfect score of 100%, there are significant weaknesses in its policies, particularly in conflict of interest and whistleblower policies, where it scored zero out of seven points.
Strengths noted include a completely independent board, with full points awarded for both the proportion of independent members and the size of the board. The organization also maintains a favorable liabilities to assets ratio, indicating sound financial health. However, the lack of crucial compliance documentation, such as a conflict of interest policy and a whistleblower policy, raises questions about the robustness of its governance practices.
Overall, while the Downtown Beaumont Cultural Arts District demonstrates financial stability and has some good governance practices in place, the areas lacking in policy development could impact stakeholder trust and operational effectiveness. Improvements in transparency and compliance with standard governance practices are recommended to enhance the organization's operational credibility.
This AI summary has been generated from information found on Charity Navigator.
Is Downtown Beaumont Cultural Arts District legitimate?
Downtown Beaumont Cultural Arts District is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Beaumont Cultural Arts District 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.downtownbeaumont.org
What is the mission statement of Downtown Beaumont Cultural Arts District?
The Downtown Beaumont Cultural Arts District's mission is centered around fostering both cultural and economic growth. It serves as a unified platform for organizing art-related events within the district. The district also extends aid to local and visiting artists, providing them with necessary support. Furthermore, the district is committed to securing funding for artists, art events, and conservation efforts, thereby promoting artistic growth and preservation.
Official website here: www.downtownbeaumont.org
Who is the CEO of Downtown Beaumont Cultural Arts District?
Sue Bard is the Director of Downtown Beaumont Cultural Arts District.
Official website here: www.downtownbeaumont.org
What is the revenue of Downtown Beaumont Cultural Arts District?
Downtown Beaumont Cultural Arts District's revenue in 2022 was $43,209.
Official website here: www.downtownbeaumont.org
Who are the executives of Downtown Beaumont Cultural Arts District and what are their salaries?
Here are 23 key members and their salaries:
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Official website here: www.downtownbeaumont.org
Where can I find the form 990 for Downtown Beaumont Cultural Arts District?
Downtown Beaumont Cultural Arts District's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.downtownbeaumont.org
Learn more at the official website: www.downtownbeaumont.org
Mission Statement of Downtown Beaumont Cultural Arts District
The Downtown Beaumont Cultural Arts District is committed to fostering the cultural and economic growth of Historic Downtown Beaumont. Acting as a unified and structured approach, the organization facilitates the organization of art-related events within the district. By providing aid to both local and visiting artists, the Downtown Beaumont Cultural Arts District seeks to support the creative community. Moreover, the district secures funding for artists, art events, and conservation efforts, contributing to the preservation and promotion of artistic endeavors. Its mission is to serve as a catalyst for cultural development and economic growth in Historic Downtown Beaumont.
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Impact
August, 2024
The impact of the Downtown Beaumont Cultural Arts District on the community can be seen through its efforts to promote the cultural and economic development of historic downtown Beaumont. By organizing art-related events, providing support to local and visiting artists, and securing funding for artistic endeavors and conservation initiatives, the district contributes to the vibrancy and growth of the local arts scene. Through these activities, the district not only enhances the cultural landscape of the area but also fosters economic opportunities for artists and businesses in downtown Beaumont.
This information is meant to be a general summary of Downtown Beaumont Cultural Arts District. 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 2022.
- Gross Receipts: $43,209
Assets and Liabilities:
- Total Assets: $3,594
- Total Liabilities: $0
- Net Assets: $3,594
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Organization Details
Founding Year
2017
Phone
(409) 239-5983Principal Officer
Sue Bard
Main Address
700 NORTH, BEAUMONT, TX, 77701
Website
www.downtownbeaumont.orgNTEE Category
Code: A20 - Arts
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