Eugene Opera

Charity Navigator Rating: 88% (Three-Star out of Four Star Rating)

Eugene Opera has earned a Three-Star rating from Charity Navigator, reflecting an overall score of 88%. This score is primarily based on the organization's strong performance in Accountability and Finance, which represents a commitment to transparency and effective financial management. The charity showcases a majority of independent board members and has received full points for its audit and oversight measures, indicating strong governance practices.

The organization excels in various financial metrics, including a high program expense ratio of 73.23%, which signifies that a significant portion of its funding is directed towards its mission-related activities. Other strengths include the absence of any material diversion of assets, a well-documented conflict of interest policy, and proper documentation of board meeting minutes. These factors contribute to a positive assessment of Eugene Opera's operational integrity.

However, there are areas noted for improvement. The nonprofit lacks a whistleblower policy and a document retention and destruction policy, which may raise concerns regarding internal risk management and accountability. Addressing these gaps could further enhance the organization's overall governance and transparency, thereby strengthening donor confidence.

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

Eugene Opera is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eugene Opera 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: $78,677
Professional Fundraising Fees: $0
Other Salaries and Wages: $147,109

For more financial information, click here

Official website here: www.eugeneopera.com