Overview
What is North Carolina Folk Festival?
The North Carolina Folk Festival is a renowned, free, three-day outdoor event, typically held in Greensboro, North Carolina. This annual celebration showcases over 300 talented folk and traditional musicians, dancers, craftspeople, and cultural keepers in a variety of performances, workshops, and demonstrations. The event is filled with activities for children, diverse culinary delights, craft brews, participatory dancing, storytelling, parades, and more, all aimed at fostering an appreciation for diverse traditions and contributing to community vibrancy and inclusivity. The festival is a platform where communities express their creativity and cultural heritage through music, dance, food, crafts, and other folk arts. The North Carolina Folk Festival, with its dedicated team of six employees, honors, celebrates, and shares these unique cultural expressions.
Official website here: www.ncfolkfestival.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Stars
The North Carolina Folk Festival holds an 87% score from Charity Navigator, which translates to a Three-Star rating. This score signifies a strong performance in accountability and financial health, indicating that the organization is relatively well-managed and transparent. The festival boasts a fully independent board, with 100% of members meeting independence standards, which contributes positively to its governance structure.
Strengths highlighted include a solid financial oversight framework, as evidenced by a perfect score in areas such as the audit committee and no instances of material diversion of assets. The program expense ratio stands at 69.23%, suggesting that a significant portion of funding is directed towards its core mission-related activities. However, there are some areas for improvement, particularly the absence of a whistleblower policy and document retention protocols, which are critical for ensuring accountability in nonprofit operations.
Additionally, the nonprofit's website lacks certain postings such as its tax form, which can affect transparency levels. While the organization maintains good financial health with a liabilities-to-assets ratio of 36.86%, addressing these gaps could enhance its overall trustworthiness and operational excellence.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about North Carolina Folk Festival?
96% of 864 reviewers on Facebook recommend the North Carolina Folk Festival. Here is a summary of their reviews:
Many attendees express enthusiasm for the festival, highlighting the vibrant atmosphere and diverse musical offerings. A specific mention of appreciation for Latin music reflects the festival's rich variety of cultural showcases, which seems to resonate well with visitors.
Overall, the feedback indicates a strong satisfaction with the event’s programming and execution, suggesting that the North Carolina Folk Festival successfully delivers a memorable experience for its audience.
This AI summary has been generated from reviews found on Facebook.
Is North Carolina Folk Festival legitimate?
North Carolina Folk Festival is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Carolina Folk 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: $84,480
Professional Fundraising Fees: $0
Other Salaries and Wages: $227,355
For more financial information, click here
Official website here: www.ncfolkfestival.com
What is the mission statement of North Carolina Folk Festival?
The North Carolina Folk Festival honors, celebrates, and shares the significant ways communities express their creativity and cultural traditions through music, dance, food, crafts, and other folk arts. This event aims to enhance appreciation for diverse traditions and contribute to community vibrancy and inclusivity. The festival typically presents a free, large-scale, three-day outdoor event featuring over 300 renowned folk and traditional musicians, dancers, craftspeople, and cultural keepers in performances, workshops, and demonstrations. Additionally, the festival offers children's activities, savory regional and global cuisines, craft beers, non-stop participatory dancing, storytelling, parades, and various other engaging activities.
Official website here: www.ncfolkfestival.com
Who is the CEO of North Carolina Folk Festival?
Amy Grossmann is the Chair of North Carolina Folk Festival. The CEO's salary of North Carolina Folk Festival is $84,480 and their total compensation is $84,480.
Official website here: www.ncfolkfestival.com
What is the revenue of North Carolina Folk Festival?
North Carolina Folk Festival's revenue in 2022 was $1,314,065.
Official website here: www.ncfolkfestival.com
Who are the executives of North Carolina Folk Festival and what are their salaries?
The average compensation at North Carolina Folk Festival during 2022 was $51,972. There are 6 employees and 500 volunteers at North Carolina Folk Festival.
Here are 17 key members and their salaries (North Carolina Folk Festival's CEO's salary is $84,480 and their total compensation is $84,480):
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Official website here: www.ncfolkfestival.com
Where can I find the form 990 for North Carolina Folk Festival?
North Carolina Folk Festival's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ncfolkfestival.com
Learn more at the official website: www.ncfolkfestival.com
Mission Statement of North Carolina Folk Festival
The North Carolina Folk Festival is dedicated to honoring, celebrating, and showcasing the significant ways communities express their creativity and cultural traditions. This is achieved through various artistic mediums such as music, dance, food, crafts, and other folk arts. The festival's mission is to foster an appreciation for diverse traditions and contribute to the vibrancy and inclusivity of the community. By presenting a free, large-scale, three-day outdoor event, the festival features over 300 talented musicians, dancers, craftspeople, and other cultural preservationists in performances, workshops, and demonstrations. The event also includes children's activities, a variety of regional and global cuisines, craft brews, non-stop participatory dancing, storytelling, parades, and more. The North Carolina Folk Festival aims to bring people together, promoting cultural exchange and unity.
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Impact
July, 2024
The North Carolina Folk Festival plays a significant role in honoring, celebrating, and sharing the rich cultural traditions of diverse communities through music, dance, food, crafts, and other folk arts. By presenting a free, large-scale, three-day outdoor event featuring over 300 talented artists and cultural preservers, the festival contributes to enhancing appreciation of various traditions and promoting inclusivity within the community. Through performances, workshops, demonstrations, children's activities, and more, the festival creates a vibrant atmosphere that fosters cultural exchange and showcases the creativity and heritage of different communities. In essence, the North Carolina Folk Festival's impact lies in its ability to bring people together, preserve traditional arts, and contribute to the cultural vibrancy of Greensboro and beyond.
This information is meant to be a general summary of North Carolina Folk 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 2022.
- Investment Income: $1,109
- Program Service Revenue: $215,044
- Gross Receipts: $1,330,972
Assets and Liabilities:
- Total Assets: $273,879
- Total Liabilities: $100,995
- Net Assets: $172,884
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD VENDORS INCOME
Revenue
$150,044
GAIN ON INSURANCE PROC
Revenue
$65,000
Organization Details
Founding Year
2017
Phone
(336) 298-8115Principal Officer
Amy Grossmann
Main Address
PO BOX 5364, GREENSBORO, NC, 27435
Website
www.ncfolkfestival.comNTEE Category
Code: A80 - Arts
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