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Downtown Plano Arts And Heritage Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 822454482 ✦ Plano, TX ✦ Designated as a 501(c)(3)

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Overview

What is Downtown Plano Arts And Heritage Foundation?

The Downtown Plano Arts and Heritage Foundation, headquartered at 1021 East 15th Street, Plano, Texas 75074, is a dedicated nonprofit organization. Their primary mission revolves around advocating, educating, and promoting Historic Downtown Plano. Through various events, they strive to create awareness and appreciation for the rich heritage of the area. By funding and sponsoring these events, the foundation plays a significant role in preserving and celebrating the history and culture of Downtown Plano, TX.


Official website here: www.visitdowntownplano.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 39% (Zero-Star out of Four Star rating)

The Downtown Plano Arts and Heritage Foundation has received a low rating of 39% from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. The rating is calculated solely from the Accountability & Finance beacon, which shows that while the organization has strengths such as a fully independent board and no material diversion of assets, it falls short in several critical areas, including the absence of conflict of interest and whistleblower policies.

Despite having a sound structure for board independence and documentation practices, the organization has a poor program expense ratio of approximately 28.49%, which suggests that a minimal portion of its budget is directed towards its mission-related activities. Furthermore, the liabilities to assets ratio is reported at 0.00%, indicating a lack of financial risk, but this alone does not compensate for the overall low performance in transparency and governance standards.

Prospective donors and stakeholders should be aware of these limitations when considering support for the Downtown Plano Arts and Heritage Foundation. The lack of essential policies may raise concerns about the organization's operational effectiveness and commitment to ethical practices.


This AI summary has been generated from information found on Charity Navigator.

Is Downtown Plano Arts And Heritage Foundation legitimate?

Downtown Plano Arts And Heritage Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Plano Arts And Heritage Foundation 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.visitdowntownplano.com

What is the mission statement of Downtown Plano Arts And Heritage Foundation?

The Downtown Plano Arts and Heritage Foundation is dedicated to advocating, educating, and promoting the historical significance of downtown areas. Their mission involves funding and sponsoring various events that aim to raise awareness and appreciation for these historical sites, engaging the public in their preservation and understanding. The foundation plays a crucial role in the community, ensuring the rich history of these areas is not forgotten and continues to be celebrated.


Official website here: www.visitdowntownplano.com

Who is the CEO of Downtown Plano Arts And Heritage Foundation?

Ron Pierce is the President of Downtown Plano Arts And Heritage Foundation.


Official website here: www.visitdowntownplano.com

What is the revenue of Downtown Plano Arts And Heritage Foundation?

Downtown Plano Arts And Heritage Foundation's revenue in 2023 was $63,712.


Official website here: www.visitdowntownplano.com

Who are the executives of Downtown Plano Arts And Heritage Foundation and what are their salaries?

There 30 volunteers at Downtown Plano Arts And Heritage Foundation.


Here are 14 key members and their salaries:


Gabriel Orduna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Bryant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hunter Holt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Payton Hickey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Holman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Iwona Keel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darren Damewood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kendrix Wesley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Pierce (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Cloe (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Shea (Vice Presedent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Eng (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hamilton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.visitdowntownplano.com

Where can I find the form 990 for Downtown Plano Arts And Heritage Foundation?

Downtown Plano Arts And Heritage Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.visitdowntownplano.com

Learn more at the official website: www.visitdowntownplano.com

Mission Statement of Downtown Plano Arts And Heritage Foundation

The Downtown Plano Arts and Heritage Foundation is dedicated to advocating, educating, and promoting the historic downtown area of Plano. Their mission is multifaceted, aiming to raise awareness and foster appreciation for the rich history that this area holds. Through various events, the organization seeks to educate the public about the significance of historic downtown Plano, while also advocating for its preservation and promotion. By funding and sponsoring these events, Downtown Plano Arts and Heritage Foundation plays a vital role in strengthening the community's connection with its past and ensuring its future.

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Impact




October, 2024

Downtown Plano Arts and Heritage Foundation plays a significant role in the advocacy, education, and promotion of historic Downtown Plano, Texas. Through various events and initiatives, it effectively raises public awareness about the rich history and cultural heritage of the area. By sponsoring educational programs and community activities, the foundation fosters a deeper appreciation for local arts and history among residents and visitors alike. This dedication not only enhances community engagement but also strengthens the cultural identity of Downtown Plano, making it a vibrant hub for artistic and historical exploration.




This information is meant to be a general summary of Downtown Plano Arts And Heritage Foundation. 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.

Revenue
$63,712 (2023)
Expenses
$72,360 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $63,712

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

2017

Principal Officer

Ron Pierce

Main Address

1021 East 15th Street, Plano, TX, 75074

NTEE Category

Code: A20 - Arts

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