Overview
What is Joy Engine Inc?
Joy Engine Inc, a nonprofit organization based in Milwaukee, Wisconsin, is dedicated to enriching the local community by fostering creative spaces. They achieve this by hosting programs and financially backing various Milwaukee art projects. Joy Engine Inc's mission lies in supporting public art, music, and performances that inspire, educate, and contribute to the overall well-being of Milwaukee's citizens. With just two employees, this organization plays a significant role in uplifting the cultural landscape of Milwaukee.
Official website here: www.joyengine.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 95% - Four-Star out of Four Star rating
Joy Engine Inc has received an impressive Four-Star rating from Charity Navigator, reflecting exceptional performance in Accountability & Finance. With a score of 95%, the organization demonstrates strong governance and transparency, highlighted by its independent board structure and the absence of any material diversion of assets. The charity's financial health is bolstered by a low liabilities to assets ratio and a significant program expense ratio, ensuring that a substantial portion of its funds are directed toward its mission.
Strengths noted include a robust oversight committee, well-maintained financial statements, and a clear conflict of interest policy. The organization excels in providing necessary documentation, such as board meeting minutes and distribution of tax forms, to its board before filing. However, the absence of a whistleblower policy, which received a score of zero, indicates an area that could be improved to enhance organizational accountability further.
Overall, while Joy Engine Inc showcases strong financial practices and governance, addressing the noted limitation regarding the whistleblower policy could strengthen its commitment to transparency and ethical standards even more.
This AI summary has been generated from information found on Charity Navigator.
Is Joy Engine Inc legitimate?
Joy Engine Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Joy Engine 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: $57,538
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,149
For more financial information, click here
Official website here: www.joyengine.org
What is the mission statement of Joy Engine Inc?
Joy Engine Inc, as an organization, is committed to supporting public art, music, and performances that have the power to inspire, educate, and enhance the well-being of various communities. Their mission is to actively engage in activating creative community spaces by hosting programs and sponsoring additional art projects, thereby contributing to the cultural enrichment of their communities.
Official website here: www.joyengine.org
Who is the CEO of Joy Engine Inc?
Doug Mcdonald is the President of Joy Engine Inc.
Official website here: www.joyengine.org
What is the revenue of Joy Engine Inc?
Joy Engine Inc's revenue in 2022 was $2,870,459.
Official website here: www.joyengine.org
Who are the executives of Joy Engine Inc and what are their salaries?
The average compensation at Joy Engine Inc during 2022 was $31,344. There are 2 employees at Joy Engine Inc.
Here are 6 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $56,067
- Related: $0
- Other: $1,471
Official website here: www.joyengine.org
Where can I find the form 990 for Joy Engine Inc?
Joy Engine Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.joyengine.org
Learn more at the official website: www.joyengine.org
Mission Statement of Joy Engine Inc
Joy Engine Inc, a nonprofit organization, is dedicated to supporting public art, music, and performance that stimulates, educates, and improves the well-being of various communities in Milwaukee. The mission of Joy Engine Inc is to engage with creative community spaces by hosting programs and sponsoring additional art projects in the city, thereby fostering an environment that inspires and enriches the lives of its residents.
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Impact
July, 2024
Joy Engine Inc has made a significant impact in Milwaukee by supporting public art, music, and performance that inspires, educates, and enhances the well-being of local communities. Through hosting programs and sponsoring various art projects, the organization has worked to activate creative community spaces and contribute to the cultural vibrancy of Milwaukee. Joy Engine Inc's efforts have helped to foster creativity, boost community engagement, and enhance the overall quality of life in the city.
This information is meant to be a general summary of Joy Engine 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 2022.
- Gross Receipts: $2,870,459
Assets and Liabilities:
- Total Assets: $2,702,362
- Total Liabilities: $37,281
- Net Assets: $2,665,081
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Organization Details
Founding Year
2019
Phone
(414) 214-9998Principal Officer
Doug Mcdonald
Main Address
1100 SOUTH 5TH STREET 317, MILWAUKEE, WI, 53204
Website
www.joyengine.orgNTEE Category
Code: A25 - Arts
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