Overview
What is Cultural Awareness Corvette Weekend?
Cultural Awareness Corvette Weekend is a charitable nonprofit organization based in Indianapolis, Indiana. Their primary mission involves donating their earnings to various deserving nonprofit organizations, with a focus on supporting educational and community initiatives both locally and nationally. The organization's activities revolve around raising funds and distributing them to eligible nonprofits, aiming to help them fulfill their respective goals and contribute to historical preservation.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (70%, Two-Star out of Four Star Rating)
Cultural Awareness Corvette Weekend has received a rating of "Needs Improvement" from Charity Navigator, indicating that there are several areas within the organization that require attention and enhancement. While the charity excelled in having a fully independent board and demonstrated strong financial management in terms of liabilities and program expenses, it scored poorly in transparency and governance practices.
The organization scored zero points in several key areas, such as having its website listed on the tax form, conflict of interest policy, and whistleblower policy, highlighting significant gaps in governance. Additionally, the absence of board meeting minutes on its website may raise concerns regarding accountability and operational transparency among stakeholders.
Despite these shortcomings, the charity's focus on cultural awareness remains commendable. However, improving its governance policies and ensuring better communication of its operations and financials could greatly enhance its overall effectiveness and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Cultural Awareness Corvette Weekend legitimate?
Cultural Awareness Corvette Weekend is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cultural Awareness Corvette Weekend 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
What is the mission statement of Cultural Awareness Corvette Weekend?
The mission of Cultural Awareness Corvette Weekend, as a nonprofit organization, is centered around donating revenue to various other worthy nonprofit entities. This donation is aimed at assisting these organizations in achieving their educational and community objectives, thereby contributing to the broader societal needs. The organization's primary focus is on supporting historical projects at both the local and national levels, demonstrating a commitment to preserving and fostering cultural awareness.
What is the revenue of Cultural Awareness Corvette Weekend?
Cultural Awareness Corvette Weekend's revenue in 2024 was $84,684.
Who are the executives of Cultural Awareness Corvette Weekend and what are their salaries?
There 10 volunteers at Cultural Awareness Corvette Weekend.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Cultural Awareness Corvette Weekend?
Cultural Awareness Corvette Weekend's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Cultural Awareness Corvette Weekend
Cultural Awareness Corvette Weekend is a nonprofit organization with a unique mission. Rather than focusing on its own initiatives, it chooses to donate its revenue to other worthy nonprofit organizations. This philanthropic approach allows these organizations to meet their educational and community needs, contributing to the betterment of various local and national historical causes. By donating to numerous charitable entities, Cultural Awareness Corvette Weekend plays a crucial role in supporting a wide range of worthy causes, ensuring that their collective efforts make a significant impact.
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Impact
October, 2024
Cultural Awareness Corvette Weekend has a significant impact on the community by fostering cultural appreciation and promoting education. By organizing events centered around the celebration of Corvette culture, the weekend not only attracts car enthusiasts but also engages the wider public in understanding and valuing local history and arts.
The event generates revenue that is crucial for supporting various nonprofit organizations. These donations help address both local and national historical needs, enhancing community education and heritage initiatives. Through partnerships with other organizations, Cultural Awareness Corvette Weekend plays a vital role in enriching the cultural landscape of Indianapolis, ensuring that valuable historical narratives and arts initiatives are preserved and promoted.
Moreover, the event fosters a sense of community by bringing together diverse groups of people who share an interest in cars and culture, thereby strengthening community ties. Overall, the weekend serves as a catalyst for educational outreach and cultural enrichment, contributing positively to the societal fabric of the region.
This information is meant to be a general summary of Cultural Awareness Corvette Weekend. 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 2024.
- Program Service Revenue: $84,684
- Gross Receipts: $84,684
Assets and Liabilities:
- Total Assets: $37,185
- Total Liabilities: $0
- Net Assets: $37,185
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Organization Details
Founding Year
2020
Principal Officer
Billy Brooks
NTEE Category
Code: A01 - Arts
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