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Highlands Festival Inc

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

EIN: 824627519 ✦ Highlands, NC ✦ Designated as a 501(c)(3)

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Overview

What is Highlands Festival Inc?

Highlands Festival Inc is a nonprofit organization situated in Highlands, North Carolina. Their primary mission is to celebrate and uplift Western North Carolina's vibrant culinary, visual, and performing arts community. They achieve this by organizing two annual events: one showcasing local talents and the other focusing on music in the spring. The organization's goal is not just to entertain but also to financially support initiatives and individuals that positively impact their local community, thereby strengthening its fabric. Highlands Festival Inc serves as a platform for artists and a source of support for their hometown.


Official website here: www.highlandsfoodandwine.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69%, Two-Star out of Four Star rating

Highlands Festival Inc has received a modest rating of 69% from Charity Navigator, indicating some areas of accountability and financial management that require improvement. While the organization boasts a fully independent board and a strong program expense ratio, which suggests that almost all expenditures go towards its mission, it faces significant challenges in transparency and governance practices.

Key strengths include the organization’s commitment to having 100% independent board members and maintaining a low liabilities-to-assets ratio. These factors indicate a sound financial position in terms of operational independence and fiscal health. However, the lack of critical policies such as a conflict of interest policy, whistleblower protection, and missing financial statements raise concerns about transparency and governance.

Overall, while Highlands Festival Inc demonstrates a strong focus on program expenses, the absence of essential policies and documentation diminishes its accountability score, underscoring the need for enhanced governance practices to foster trust and reliability among stakeholders.


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

What do the Facebook reviews say about Highlands Festival Inc?

100% of 19 reviewers on Facebook recommend Highlands Festival Inc. Here is a summary of their reviews:

Many attendees express their enthusiasm for the festival, emphasizing the overall excellence of the events. Phrases like "fabulous" indicate a high level of enjoyment, with one reviewer highlighting the importance of not missing the experience in the upcoming year.

The sentiment around Highlands Festival Inc. shows that it successfully delivers a memorable experience to its visitors, leaving them eager to return. Overall, the positive response from attendees showcases the nonprofit's ability to create engaging and enjoyable events that resonate with the community.


This AI summary has been generated from reviews found on Facebook.

Is Highlands Festival Inc legitimate?

Highlands Festival Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Highlands Festival 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

For more financial information, click here


Official website here: www.highlandsfoodandwine.com

What is the mission statement of Highlands Festival Inc?

Highlands Festival Inc's mission is centered around producing festivals and events that highlight and encourage the local culinary, visual, and performing arts community in Western North Carolina. The organization aims to contribute financially to organizations or individuals directly benefiting local initiatives, ultimately strengthening the community. Through its annual events, Highlands Festival Inc offers a platform for showcasing and inspiring local talents in various arts disciplines.


Official website here: www.highlandsfoodandwine.com

Who is the CEO of Highlands Festival Inc?

David C Bock is the Prisident of Highlands Festival Inc.


Official website here: www.highlandsfoodandwine.com

What is the revenue of Highlands Festival Inc?

Highlands Festival Inc's revenue in 2022 was $2,079,153.


Official website here: www.highlandsfoodandwine.com

Who are the executives of Highlands Festival Inc and what are their salaries?


Here are 4 key members and their salaries:


Jack Austin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David C Bock (Prisident)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Craig (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Mehder (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.highlandsfoodandwine.com

Where can I find the form 990 for Highlands Festival Inc?

Highlands Festival Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.highlandsfoodandwine.com

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

Mission Statement of Highlands Festival Inc

Highlands Festival Inc, a nonprofit organization, is committed to showcasing, inspiring, and supporting the rich culinary, visual, and performing arts community in Western North Carolina. Their mission is to produce festivals and events that not only highlight the talents of local artists but also contribute financially to organizations or individuals directly benefiting their local initiatives and strengthening the community. By producing two annual events, Highlands Festival Inc aims to celebrate the artistic prowess of their region while giving back to the community that nurtures and fosters this creativity.

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Impact




July, 2024

Highlands Festival Inc's impact can be seen in its dedication to showcasing, inspiring, and supporting Western North Carolina's rich culinary, visual, and performing arts community. By producing two festivals yearly - one highlighting local talent in various artistic fields and another hosting a music festival in the spring - Highlands Festival Inc not only provides a platform for local artists but also contributes financially to organizations and individuals that directly benefit the local initiatives and strengthen the community. Through its commitment to philanthropy and promoting the diverse talents of the region, Highlands Festival Inc plays a vital role in enriching and uplifting the local cultural scene and community.




This information is meant to be a general summary of Highlands Festival 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.

Revenue
$2,079,153 (2022)
Expenses
$2,087,245 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $2,048,736
  • Gross Receipts: $2,079,153

Assets and Liabilities:

  • Total Assets: $291,471
  • Total Liabilities: $15,423
  • Net Assets: $276,048

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TICKET SALES

Revenue

$1,698,557

SPONSORSHIPS

Revenue

$438,255

SALES TAX REFUNDS

Revenue

-$88,076

Organization Details

Founding Year

2018

Principal Officer

David C Bock

Main Address

PO BOX 2713, HIGHLANDS, NC, 28741

NTEE Category

Code: T50 - Philanthropy

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