Overview
What is The Arts Center Endowment?
The Arts Center Endowment, located in Corvallis, Oregon, is a supporting organization established with the purpose of benefiting the Corvallis Arts Center. This nonprofit entity actively promotes and encourages artistic endeavors within the community, cultivating an appreciation for the arts. It collaborates with various organizations, agencies, and individuals sharing similar cultural and educational interests. The Arts Center Endowment serves as a vital pillar in the local arts scene, acting as a nonprofit organization that contributes to the enrichment and advancement of the arts in Corvallis, Oregon.
Official website here: www.theartscenter.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Arts Center Endowment has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The overall score reflects a strong emphasis on financial health, with an impressive program expense ratio of 87.12%, suggesting that a significant portion of the organization's funds is directed toward its mission-related activities.
The organization boasts a fully independent board, with 100% of its members meeting this criterion, and maintains a small board size of five members. This governance structure is supported by transparent practices, as evidenced by the posting of board meeting minutes and the availability of its website on tax forms.
Despite its strengths, the rating is derived from a single beacon score focused solely on financial metrics, which may limit a comprehensive understanding of the organization's overall impact or effectiveness in achieving its mission. Nonetheless, The Arts Center Endowment demonstrates solid financial management practices that are commendable in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Arts Center Endowment?
80% of 52 reviewers on Facebook recommend The Arts Center Endowment. Here is a summary of their reviews:
Many patrons express a strong affection for the organization, highlighting the welcoming atmosphere and the quality of the art presented. The emphasis on friendly staff and the convenience of free parking adds to the positive experience.
Overall, visitors appreciate the environment the center creates, which seems to foster a love for the arts in the community. While there are a few who may not have left comments, the overall sentiment reflects satisfaction with the services the nonprofit provides, making it a valued destination for art enthusiasts.
This AI summary has been generated from reviews found on Facebook.
Is The Arts Center Endowment legitimate?
The Arts Center Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Arts Center Endowment 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
Official website here: www.theartscenter.net
What is the mission statement of The Arts Center Endowment?
The Arts Center Endowment, established to support the Corvallis Arts Center, promotes and encourages creative endeavors in the arts. It fosters an appreciation for the arts, collaborates with like-minded organizations, agencies, and individuals, and operates as a nonprofit organization. The primary goal of The Arts Center Endowment is to contribute to the arts community by promoting creativity, encouraging appreciation, and collaborating with similar organizations. It serves as a catalyst for cultural and educational growth within its community.
Official website here: www.theartscenter.net
What is the revenue of The Arts Center Endowment?
The Arts Center Endowment's revenue in 2023 was $21,280.
Official website here: www.theartscenter.net
Who are the executives of The Arts Center Endowment and what are their salaries?
There 5 volunteers at The Arts Center Endowment.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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Official website here: www.theartscenter.net
Where can I find the form 990 for The Arts Center Endowment?
The Arts Center Endowment's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.theartscenter.net
Learn more at the official website: www.theartscenter.net
Mission Statement of The Arts Center Endowment
The Arts Center Endowment, Inc. is a supporting organization established with the objective of benefiting the Corvallis Arts Center. This nonprofit entity plays a vital role in promoting and encouraging creative endeavors in the arts within the community. It fosters a deep appreciation for the arts, collaborates with various organizations, agencies, and individuals sharing similar cultural and educational interests, and operates as a nonprofit organization. The Arts Center Endowment's mission is to bolster the Corvallis Arts Center and contribute to the thriving artistic scene in the community by supporting and advocating for creative pursuits, cultivating an appreciation for the arts, and collaborating with like-minded entities.
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Impact
October, 2024
The Arts Center Endowment significantly enhances the cultural landscape of Corvallis by providing vital support to the Corvallis Arts Center. It plays a crucial role in promoting and encouraging creative endeavors in the arts, helping to foster a deeper appreciation for artistic expression within the community. By collaborating with various organizations, agencies, and individuals who share similar cultural and educational interests, The Arts Center Endowment strengthens community ties and promotes a vibrant arts ecosystem.
The impact of this endowment is evident in the diverse programs and initiatives it supports, which not only enrich the local arts scene but also provide opportunities for artists and audiences to engage meaningfully with the arts. By ensuring financial resources are available for various artistic efforts, the endowment helps create a sustainable environment where creativity can flourish, benefiting both artists and the community at large.
This information is meant to be a general summary of The Arts Center Endowment. 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: $11,294
- Gross Receipts: $608,132
Assets and Liabilities:
- Total Assets: $530,189
- Total Liabilities: $3,049
- Net Assets: $527,140
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Organization Details
Founding Year
2002
Principal Officer
Therese Misner
Website
www.theartscenter.netNTEE Category
Code: A40 - Arts
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