Overview
What is Skowhegan School Of Painting And Sculpture Inc?
Skowhegan School of Painting and Sculpture Inc, located in New York City, is a distinguished nonprofit organization primarily known for its summer residency program for emerging visual artists. Established in 1946, the institution aims to assemble a talented and artistically diverse group of individuals who have shown dedication to art-making and inquiry. The purpose is to create a stimulating and rigorous environment for concentrated artistic creation, interaction, and personal growth during the summer months. Additionally, Skowhegan sponsors programs in New York City throughout the fall, winter, and spring to support its mission among alumni and the wider visual arts community. The organization, with a dedicated workforce of 56 individuals, has a strong commitment to fostering artistic growth and nurturing the next generation of visual artists.
Official website here: www.skowheganart.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 92%, Four-Star out of Four Star rating.
Skowhegan School of Painting and Sculpture Inc has achieved a 92% rating, reflecting its strong performance in accountability and finance. The organization has a perfect score regarding independent board membership and demonstrates effective financial oversight with no material diversion of assets. Their commitment to transparency is evident, as they have policies in place for conflicts of interest and whistleblower protections.
The nonprofit shows healthy financial management with a program expense ratio of 68.80%, indicating that a significant portion of its funds is directed toward its mission. Additionally, the fundraising efficiency ratio of $0.09 indicates a cost-effective approach to raising funds, which enhances their overall financial stability. The working capital ratio of 12.06 years suggests that the organization has a robust financial buffer to sustain its operations.
Despite the strong financial indicators, the summary does not indicate any specific programmatic outcomes or community impact, which could provide a more rounded understanding of their effectiveness. However, their solid financial performance and governance structure are notable strengths that support their sustainability as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Skowhegan School Of Painting And Sculpture Inc legitimate?
Skowhegan School Of Painting And Sculpture Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Skowhegan School Of Painting And Sculpture 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: $412,881
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,172,499
For more financial information, click here
Official website here: www.skowheganart.org
What is the mission statement of Skowhegan School Of Painting And Sculpture Inc?
The Skowhegan School of Painting and Sculpture Inc, established in 1946, primarily operates as a summer residency program for emerging visual artists. Each year, the school aims to gather a talented and artistically diverse group of individuals who demonstrate a dedication to art-making and inquiry. The objective is to create a stimulating and rigorous environment for a concentrated period of artistic creation, interaction, and growth. Beyond the summer program, Skowhegan sponsors initiatives in New York City during fall, winter, and spring to continue fostering its mission among its alumni and the broader visual arts community.
Official website here: www.skowheganart.org
Who is the CEO of Skowhegan School Of Painting And Sculpture Inc?
Alan Wanzenberg is the President of Skowhegan School Of Painting And Sculpture Inc.
Official website here: www.skowheganart.org
What is the revenue of Skowhegan School Of Painting And Sculpture Inc?
Skowhegan School Of Painting And Sculpture Inc's revenue in 2022 was $9,416,151.
Official website here: www.skowheganart.org
Who are the executives of Skowhegan School Of Painting And Sculpture Inc and what are their salaries?
The average compensation at Skowhegan School Of Painting And Sculpture Inc during 2022 was $28,310. There are 56 employees and 60 volunteers at Skowhegan School Of Painting And Sculpture Inc.
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- Compensation: $203,712
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- Compensation: $191,679
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- Other: $13,416
Official website here: www.skowheganart.org
Where can I find the form 990 for Skowhegan School Of Painting And Sculpture Inc?
Skowhegan School Of Painting And Sculpture Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.skowheganart.org
Learn more at the official website: www.skowheganart.org
Mission Statement of Skowhegan School Of Painting And Sculpture Inc
Skowhegan School of Painting and Sculpture Inc, established in 1946, primarily functions as a summer residency program for emerging visual artists. Each year, the institution brings together a talented and artistically diverse group of individuals who have demonstrated a strong commitment to art-making and inquiry. The primary objective is to create a stimulating and rigorous environment for a concentrated period of artistic creation, interaction, and growth. Skowhegan extends its mission beyond the summer residency by sponsoring programs in New York City during the fall, winter, and spring, aiming to engage its alumni and contribute to the broader visual arts community. The organization's purpose is to foster an environment that encourages artistic growth and collaboration, nurturing the next generation of visual artists.
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Impact
July, 2024
Skowhegan School of Painting and Sculpture Inc's impact lies in fostering the growth and development of emerging visual artists through its renowned summer residency program. Established in 1946, Skowhegan brings together a diverse group of talented individuals dedicated to art-making and inquiry, creating a stimulating environment for artistic creation and interaction. By providing a concentrated period of artistic growth, Skowhegan helps artists refine their skills, expand their creativity, and form lasting connections within the visual arts community. Additionally, the organization's programs in New York City throughout the year further support its mission by engaging with alumni and enhancing the cultural landscape. Through these initiatives, Skowhegan contributes significantly to the advancement of emerging artists and the enrichment of the arts sector.
This information is meant to be a general summary of Skowhegan School Of Painting And Sculpture 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 2022.
- Investment Income: $107,235
- Program Service Revenue: $482,766
- Gross Receipts: $14,311,291
Assets and Liabilities:
- Total Assets: $37,441,974
- Total Liabilities: $162,018
- Net Assets: $37,279,956
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$482,766
Organization Details
Founding Year
1946
Phone
(212) 529-0505Principal Officer
Alan Wanzenberg
Main Address
136 WEST 22ND STREET, NEW YORK, NY, 10011
Website
www.skowheganart.orgNTEE Category
Code: A250 - Arts
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