Artistic Freedom Initiative

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The Artistic Freedom Initiative has received a mixed review with a 73% rating, indicating room for improvement in accountability and finance. While the organization has a good program expense ratio at 90.07%, showing that the majority of its funds are directed towards its mission, it struggles significantly with transparency, evidenced by a lack of financial statements and missing key policies.

The organization boasts a majority independent board and a solid liabilities-to-assets ratio of 0.40%, which are positive indicators of governance and financial health. However, the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy raises concerns about accountability and risk management practices, which are critical for fostering trust with donors and the community.

Overall, while the Artistic Freedom Initiative demonstrates strong dedication to its programmatic efforts and maintains a well-structured board, the notable gaps in financial transparency and governance policies may hinder its overall effectiveness and public perception. Addressing these weaknesses could improve its rating and enhance stakeholder confidence.

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

Artistic Freedom Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Artistic Freedom Initiative 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: $95,833
Professional Fundraising Fees: $0
Other Salaries and Wages: $289,154

For more financial information, click here

Official website here: www.artisticfreedominitiative.org