Overview
What is Foothills Art Center Inc?
Foothills Art Center Inc, situated in an historic environment, is a vibrant nonprofit organization based on the principles of fostering a stronger community through art. They achieve this goal by presenting captivating exhibitions and diverse educational programs, catering to a wide range of visitors. These initiatives not only stimulate engagement but also encourage the exploration and appreciation of visual and cultural arts within their community. The center's mission is to promote understanding and foster an appreciation of these art forms, thereby enhancing the overall community experience.
Official website here: www.foothillsartcenter.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 56% (One-Star out of Four Star rating)
Foothills Art Center Inc has received a low rating of 56% from Charity Navigator, indicating significant concerns regarding its financial performance. While the organization scores well in terms of governance and accountability, including a fully independent board and robust policies, its financial health raises red flags. Notably, the program expense ratio is only 43.94%, suggesting that a smaller portion of its budget is allocated toward direct programming.
The organization excels in areas such as having no material diversion of assets and maintaining comprehensive oversight through an audit committee. Additionally, it has demonstrated transparency by listing essential policies on its website. However, the low liabilities to assets ratio of 8.93% and poor fundraising efficiency of $0.30 per dollar raised highlight weaknesses in financial sustainability and effectiveness in resource mobilization.
Overall, while Foothills Art Center Inc shows strengths in governance and transparency, its financial metrics indicate a need for improvement in program funding and fundraising strategies to enhance overall charity performance.
This AI summary has been generated from information found on Charity Navigator.
Is Foothills Art Center Inc legitimate?
Foothills Art Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foothills Art 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: $116,453
Professional Fundraising Fees: $4,000
Other Salaries and Wages: $303,829
For more financial information, click here
Official website here: www.foothillsartcenter.org
What is the mission statement of Foothills Art Center Inc?
The mission of Foothills Art Center Inc is to foster a stronger community through art. They achieve this by offering engaging exhibitions and diverse educational programs, aiming to promote the understanding and appreciation of visual and cultural arts. These activities create memorable experiences for visitors, ultimately enhancing the community's connection with art. By doing so, the center aims to contribute to a more cohesive and culturally enriched community.
Official website here: www.foothillsartcenter.org
What is the revenue of Foothills Art Center Inc?
Foothills Art Center Inc's revenue in 2023 was $3,383,771.
Official website here: www.foothillsartcenter.org
Who are the executives of Foothills Art Center Inc and what are their salaries?
The average compensation at Foothills Art Center Inc during 2023 was $30,020. There are 14 employees and 75 volunteers at Foothills Art Center Inc.
Here are 13 key members and their salaries:
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Official website here: www.foothillsartcenter.org
Where can I find the form 990 for Foothills Art Center Inc?
Foothills Art Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.foothillsartcenter.org
Learn more at the official website: www.foothillsartcenter.org
Mission Statement of Foothills Art Center Inc
Foothills Art Center, a remarkable institution, is dedicated to strengthening the community through art. Its mission is multifaceted, encompassing the delivery of captivating exhibitions and a wide array of educational programs. By doing so, the center creates unforgettable experiences for its visitors, immersing them in a unique historical setting. Foothills Art Center's primary goal is to foster an appreciation and comprehension of visual and broader cultural arts within the community. This mission strives to cultivate a stronger, more united community, where art serves as a powerful bonding agent.
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Impact
July, 2024
Foothills Art Center Inc has a profound impact on the community through its commitment to promoting the understanding and appreciation of visual and cultural arts. By delivering engaging exhibitions and diverse educational programs in a unique historic environment, the center creates memorable experiences for visitors and fosters a deeper connection to the arts. Through its mission to create a stronger community through art, Foothills Art Center Inc plays a vital role in enhancing cultural enrichment and artistic appreciation in GOLDEN, CO.
This information is meant to be a general summary of Foothills Art 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.
- Investment Income: $72,823
- Program Service Revenue: $220,516
- Gross Receipts: $3,584,318
Assets and Liabilities:
- Total Assets: $4,187,970
- Total Liabilities: $374,122
- Net Assets: $3,813,848
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Admissions
Artist fees and tuition
Revenue
$146,516
Facility rental
Revenue
$25,800
Member trips
Revenue
$48,200
Organization Details
Founding Year
1968
Principal Officer
Nathan Boyless
Website
www.foothillsartcenter.orgNTEE Category
Code: A400 - Arts
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