Overview
What is New Era Culture & Education Center Inc?
New Era Culture & Education Center Inc, based in Miramar, Florida, is a nonprofit organization primarily focused on promoting traditional Chinese dance, music, and culture. They achieve this goal by hosting performances of Shen Yun, a show that showcases these art forms. Beyond entertainment, the center also aims to teach the practice of Falun Dafa and its core principles of Truthfulness, Compassion, and Forbearance. In addition, they strive to uphold and propagate Chinese traditional values. Their operations are carried out under the name of the Falun Dafa Association of Florida.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64% (Two-Star out of Four Stars)
New Era Culture & Education Center Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement, particularly in financial management. While the organization excels in areas such as having a majority of independent board members and strong policies regarding conflicts of interest and whistleblower protections, its financial statements fell significantly short, resulting in a low score for accountability and finance.
Strengths of the organization include high marks for governance and transparency practices, such as effective documentation of board meeting minutes and a sound policy framework. These factors suggest that while the organization is committed to ethical governance, there are substantial weaknesses in financial oversight that could raise concerns for potential donors and stakeholders.
One of the critical limitations is the poor performance in financial statements and the liabilities to assets ratio, which indicates potential financial instability. This aspect of the rating highlights a need for the organization to address its financial reporting and management to improve overall accountability and ensure sustainability in its mission-driven activities.
This AI summary has been generated from information found on Charity Navigator.
Is New Era Culture & Education Center Inc legitimate?
New Era Culture & Education Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Era Culture & Education Center Inc 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
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What is the mission statement of New Era Culture & Education Center Inc?
New Era Culture & Education Center Inc's mission is centered around two key objectives. Firstly, they aim to instruct individuals in the practice of Falun Dafa, a discipline that embodies the principles of Truthfulness, Compassion, and Forbearance. Secondly, they strive to uphold and propagate Chinese traditional culture and values. To achieve these goals, they organize events such as Shen Yun shows, showcasing classic Chinese dance and music, and promote the rich cultural heritage and moral teachings of China.
Who is the CEO of New Era Culture & Education Center Inc?
Victoria Wu is the President of New Era Culture & Education Center Inc.
What is the revenue of New Era Culture & Education Center Inc?
New Era Culture & Education Center Inc's revenue in 2023 was $2,231,080.
Who are the executives of New Era Culture & Education Center Inc and what are their salaries?
There 15 volunteers at New Era Culture & Education Center Inc.
Here are 4 key members and their salaries:
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Where can I find the form 990 for New Era Culture & Education Center Inc?
New Era Culture & Education Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of New Era Culture & Education Center Inc
New Era Culture & Education Center Inc is dedicated to fulfilling two primary objectives. Firstly, it aims to teach the practice of Falun Dafa, a spiritual discipline based on the principles of Truthfulness, Compassion, and Forbearance. Secondly, the organization strives to promote and preserve Chinese traditional culture and values. To achieve these goals, New Era Culture & Education Center Inc hosts Shen Yun shows in South Florida, showcasing the beauty of classic Chinese dance and music. Additionally, the center uses various platforms to propagate Chinese traditional culture and values, contributing to their preservation and appreciation within the broader community.
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Impact
July, 2024
New Era Culture & Education Center Inc plays a significant role in promoting the practice of Falun Dafa and its core principles of Truthfulness, Compassion, and Forbearance. By offering teachings and resources related to this ancient spiritual discipline, the organization positively impacts individuals seeking spiritual growth and self-improvement. Additionally, through promoting Chinese traditional culture and values, the center helps preserve and spread awareness of the rich heritage and history of China. Hosting Shen Yun shows in South Florida further amplifies its cultural impact by showcasing classic Chinese dance and music to audiences, thus fostering a greater appreciation for traditional arts. Their mission to teach, promote values, and engage with the community reflects a commitment to nurturing personal development and cultural understanding.
This information is meant to be a general summary of New Era Culture & Education Center Inc. 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.
- Program Service Revenue: $2,230,980
- Gross Receipts: $2,231,080
Assets and Liabilities:
- Total Assets: $943,807
- Total Liabilities: $1,286,362
- Net Assets: -$342,555
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Shen Yun shows Tickets sale
Revenue
$2,092,935
Organization Details
Founding Year
2017
Phone
(954) 826-3246Principal Officer
Victoria Wu
Main Address
15356 SW 40th CT, Miramar, FL, 33027
NTEE Category
Code: A23 - Arts
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