Overview
What is Cyt Lafayette Inc?
Cyt Lafayette Inc, situated in Lafayette, Louisiana, is a nonprofit organization that primarily generates income through its eight annual productions and three ten-week theater classes. The organization's mission is deeply rooted in fostering character development in children by providing training in the arts and presenting family-friendly entertainment that upholds Judeo-Christian values. With a workforce of ten individuals, Cyt Lafayette Inc contributes to the community by offering a platform for children to learn and grow while promoting wholesome entertainment.
Official website here: www.cytlafayette.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
Cyt Lafayette Inc has demonstrated a strong commitment to accountability and finance, achieving a remarkable score of 96%, which earns it a Four-Star rating. This rating signifies that the organization effectively manages its financial resources and maintains transparency in its operations. The score is based entirely on their performance in the Accountability & Finance beacon, reflecting a solid foundation for donor trust.
Strengths of Cyt Lafayette Inc include an entirely independent board of directors, with all eight members free from conflicts of interest, ensuring impartial governance. Additionally, the organization has robust financial practices, evidenced by a program expense ratio of 77.30%, indicating that a significant portion of their funds directly supports their programs. The presence of a comprehensive set of policies, including conflict of interest, whistleblower, and document retention policies, further enhances their governance and operational integrity.
While the data reflects strong financial health and governance practices, no specific limitations or weaknesses are noted in the information provided. The organization appears to maintain a focus on effective resource allocation and ethical oversight, which is vital for its ongoing success and support from donors.
This AI summary has been generated from information found on Charity Navigator.
Is Cyt Lafayette Inc legitimate?
Cyt Lafayette Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cyt Lafayette 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: $140,950
For more financial information, click here
Official website here: www.cytlafayette.org
What is the mission statement of Cyt Lafayette Inc?
Cyt Lafayette Inc's mission is centered around fostering character development in children through artistic training and the production of family-friendly entertainment that aligns with Judeo-Christian values. Their primary activities involve staging eight annual productions, which serve as a significant source of income, and conducting three ten-week theater classes, which contribute to the majority of their remaining earnings.
Official website here: www.cytlafayette.org
What is the revenue of Cyt Lafayette Inc?
Cyt Lafayette Inc's revenue in 2023 was $933,815.
Official website here: www.cytlafayette.org
Who are the executives of Cyt Lafayette Inc and what are their salaries?
The average compensation at Cyt Lafayette Inc during 2023 was $6,128. There are 23 employees and 50 volunteers at Cyt Lafayette Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cytlafayette.org
Where can I find the form 990 for Cyt Lafayette Inc?
Cyt Lafayette Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cytlafayette.org
Learn more at the official website: www.cytlafayette.org
Mission Statement of Cyt Lafayette Inc
Cyt Lafayette Inc, a nonprofit organization, is committed to fostering moral growth in children through artistic education and the creation of family-friendly entertainment. Their mission aligns with Judeo-Christian values, as they believe in utilizing the arts as a medium to instill character development in the young. The primary source of income for Cyt Lafayette Inc comes from the eight annual productions they stage. However, the organization also generates revenue through their 10-week theater classes. These classes offer a comprehensive training ground for children, allowing them to hone their artistic skills while upholding the organization's values.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Cyt Lafayette Inc, through its dedication to developing children's character through arts training and producing wholesome family entertainment, has a significant impact on the community of Lafayette, Louisiana. By offering 8 productions per year and hosting three 10-week theater classes, Cyt Lafayette Inc not only provides entertainment but also fosters creativity, discipline, and values in the youth. This organization plays a vital role in shaping the future generation, instilling important life skills, and promoting community improvement through the arts.
This information is meant to be a general summary of Cyt Lafayette 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: $6,935
- Program Service Revenue: $838,231
- Gross Receipts: $933,815
Assets and Liabilities:
- Total Assets: $748,931
- Total Liabilities: $159,320
- Net Assets: $589,611
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2009
Principal Officer
Gerald Broussard
Website
www.cytlafayette.orgNTEE Category
Code: S20 - Community improvement
If you are a representative of Cyt Lafayette Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.