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Thousand Oaks Alliance For The Arts

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 954466987 ✦ Thousand oaks, CA ✦ Designated as a 501(c)(3)

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Overview

What is Thousand Oaks Alliance For The Arts?

The Thousand Oaks Alliance for the Arts is a prominent nonprofit organization situated in Thousand Oaks, California. With a mission to enrich lives and strengthen the community, they achieve this goal through arts education and the presentation and support of visual and performing arts. They primarily operate at the Bank of America Performing Arts Center and extend their reach beyond this venue. The alliance is committed to advancing and presenting various artistic forms, contributing significantly to the cultural landscape of Southern California.


Official website here: www.toarts.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)

The Thousand Oaks Alliance For The Arts has received a Two-Star rating from Charity Navigator, indicating that there are areas requiring significant improvement. The organization demonstrates strong accountability, with a fully independent board and diligent financial oversight. However, several critical policies, such as those regarding conflict of interest and whistleblower protections, are missing, which raises concerns about its governance practices.

While the organization excels in community engagement, achieving a high score in culture and community, its financial health appears lacking. The program expense ratio is relatively low at 54.90%, suggesting that a smaller portion of its budget is being directed towards its programs compared to administrative costs. This aspect might warrant further scrutiny by potential donors who prioritize programmatic spending.

On a positive note, the organization effectively collects and utilizes feedback from its stakeholders, indicating a responsive approach to community needs. Its efforts toward equity are noteworthy, but the limited data available on equity policies and processes suggests room for improvement. Overall, while the Thousand Oaks Alliance For The Arts shows promise and strengths in certain areas, addressing its governance and financial management issues will be crucial for enhancing its overall impact.


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

Is Thousand Oaks Alliance For The Arts legitimate?

Thousand Oaks Alliance For The Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thousand Oaks Alliance For The 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: $100,916

For more financial information, click here


Official website here: www.toarts.org

What is the mission statement of Thousand Oaks Alliance For The Arts?

The Thousand Oaks Alliance for the Arts, through its mission, aims to enrich lives and strengthen the community by providing arts education and presenting visual and performing arts. This is primarily achieved at the Bank of America Performing Arts Center, with additional efforts extending beyond its boundaries. The organization's main objective is to advance and present visual and performing arts at the Bank of America Performing Arts Center. To accomplish this, they sponsor or co-sponsor live performing arts programming for the educational and cultural benefit of citizens in Southern California.


Official website here: www.toarts.org

Who is the CEO of Thousand Oaks Alliance For The Arts?

Jaime Boscarino is the Chair of Thousand Oaks Alliance For The Arts.


Official website here: www.toarts.org

What is the revenue of Thousand Oaks Alliance For The Arts?

Thousand Oaks Alliance For The Arts's revenue in 2022 was $1,414,222.


Official website here: www.toarts.org

Who are the executives of Thousand Oaks Alliance For The Arts and what are their salaries?


Here are 11 key members and their salaries:


David Mead (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Lowe (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eloise Cohen (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Scherr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leanne Neilson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Bradley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Jeffers-Volk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Rohrbach (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jaime Boscarino (Chief Financial Officer)
  • Compensation: $0
  • Related: $237,777
  • Other: $33,036
Jonathan Serret (Executive Director)
  • Compensation: $0
  • Related: $172,044
  • Other: $42,475
Niki Richardson (Associate Director)
  • Compensation: $100,916
  • Related: $0
  • Other: $38,714


Official website here: www.toarts.org

Where can I find the form 990 for Thousand Oaks Alliance For The Arts?

Thousand Oaks Alliance For The Arts's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.toarts.org

Learn more at the official website: www.toarts.org

Mission Statement of Thousand Oaks Alliance For The Arts

Thousand Oaks Alliance for the Arts, often referred to as TOARTS, dedicates its mission to enriching lives and strengthening community bonds through arts education and the presentation and support of visual and performing arts. Beyond their Bank of America Performing Arts Center, TOARTS extends their reach to advocate for and promote various artistic forms. Their primary objective is to advance and present visual and performing arts, acting as a catalyst for cultural growth and education in the community. TOARTS sponsors or co-sponsors live performing arts programming, aiming to provide enriching and educational experiences for the citizens of Southern California.

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Impact




July, 2024

Thousand Oaks Alliance For The Arts enriches lives and strengthens the fabric of the community through arts education and the presentation of visual and performing arts at the Bank of America Performing Arts Center and beyond. They sponsor or co-sponsor live performing arts programming for the educational and cultural benefit of the citizens of Southern California. Their mission is to advance and present visual and performing arts at the Bank of America Performing Arts Center. Through their activities, they contribute to the cultural enrichment and artistic development of the community, enhancing the quality of life for residents and visitors alike.




This information is meant to be a general summary of Thousand Oaks Alliance For The Arts. 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.

Revenue
$1,414,222 (2022)
Expenses
$1,449,074 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $399,999
  • Program Service Revenue: $254,488
  • Gross Receipts: $4,962,658

Assets and Liabilities:

  • Total Assets: $12,198,978
  • Total Liabilities: $364,029
  • Net Assets: $11,834,949

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PERFORMANCE REVENUE

Revenue

$254,488

Organization Details

Founding Year

1994

Principal Officer

Jaime Boscarino

Main Address

2100 EAST THOUSAND OAKS BLVD A, THOUSAND OAKS, CA, 91362

NTEE Category

Code: A610 - Arts

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