Valley Performing Arts

Charity Navigator Rating: 76% (Three-Star out of Four Stars)

Valley Performing Arts has received a Three-Star rating from Charity Navigator, indicating a fair level of accountability and financial health. The overall score is derived from its performance in the Accountability & Finance beacon, highlighting strengths in governance with a fully independent board and no material diversion of assets. The organization demonstrates a high program expense ratio, indicating that a significant portion of its budget is directed towards its programs.

However, there are notable weaknesses in the organization's policies. Valley Performing Arts lacks key governance documents, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which could raise concerns regarding transparency and risk management. The absence of these policies may hinder trust among stakeholders despite the strong board independence and financial metrics.

In summary, while Valley Performing Arts shows promise through its financial practices and governance structure, the lack of essential policies may limit its overall effectiveness and accountability. Stakeholders may wish to consider these factors when evaluating the organization's commitment to best practices in nonprofit management.

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

Valley Performing Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Performing Arts 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: $98,003

For more financial information, click here

Official website here: www.valleyperformingarts.org