Overview
What is Ars Inc?
Ars Inc, as identified in the provided information, is a nonprofit organization dedicated to supporting artists. Welcome Hill Studios, a part of Ars Inc, offers studios to creative individuals. This service includes covering various expenses such as utilities, repairs, grounds maintenance, and property taxes, thereby alleviating financial burdens for artists. This way, artists can solely focus on their craft, fostering a conducive environment for artistic growth and innovation.
Official website here: www.welcomehillstudios.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 43%, Zero-Star out of Four Star rating.
Ars Inc has received a low score based on its Accountability & Finance metrics, which significantly affects its overall rating. The organization demonstrates strengths in governance, with a fully independent board and no material diversion of assets, both of which contribute positively to its score. Additionally, the charity has a conflict of interest policy in place and maintains accurate meeting minutes.
However, the rating is heavily impacted by several critical areas where the organization falls short. Notably, it lacks important policies like a whistleblower policy and document retention and destruction guidelines, both of which are essential for accountability. Furthermore, the charity's program expense ratio is low at 32.20%, indicating that a small portion of its budget is allocated to its actual programs, which raises concerns about its operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Ars Inc legitimate?
Ars Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ars 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,000
For more financial information, click here
Official website here: www.welcomehillstudios.org
What is the mission statement of Ars Inc?
Ars Inc, specifically Welcome Hill Studios, is committed to supporting artists by offering them studio spaces. The organization takes care of various expenses associated with these studios, including utilities, repairs, grounds maintenance, and property taxes, thereby allowing artists to focus solely on their creative pursuits. This initiative enables artists to work in a conducive environment, fostering the growth and development of their artistic skills. Welcome Hill Studios aims to provide a supportive platform for artists, enabling them to thrive in their creative endeavors.
Official website here: www.welcomehillstudios.org
Who is the CEO of Ars Inc?
Rebecca Davison is the President/Di of Ars Inc.
Official website here: www.welcomehillstudios.org
What is the revenue of Ars Inc?
Ars Inc's revenue in 2022 was $73,748.
Official website here: www.welcomehillstudios.org
Who are the executives of Ars Inc and what are their salaries?
The average compensation at Ars Inc during 2022 was $42,000. There is 1 employee and 6 volunteers at Ars Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.welcomehillstudios.org
Where can I find the form 990 for Ars Inc?
Ars Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.welcomehillstudios.org
Learn more at the official website: www.welcomehillstudios.org
Mission Statement of Ars Inc
Ars Inc, specifically Welcome Hill Studios, is committed to supporting artists by offering them studio spaces. This nonprofit organization takes care of various expenses associated with these studios, including utilities, repairs, maintenance of the grounds, and even property taxes. By providing these fully-equipped studios, Ars Inc enables artists to focus on their creative pursuits without the burden of managing the associated costs.
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Impact
August, 2024
Ars Inc's impact lies in providing essential support to artists by offering them studios through Welcome Hill Studios. By covering costs such as utilities, repairs, grounds maintenance, and property taxes, Ars Inc enables artists to focus on their creative work without the added financial burden. This support contributes to the flourishing of the arts community in W Chesterfield, NH, and empowers artists to pursue their passion and showcase their talent.
This information is meant to be a general summary of Ars 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: $58,488
- Program Service Revenue: $15,160
- Gross Receipts: $73,748
Assets and Liabilities:
- Total Assets: $3,034,949
- Total Liabilities: $1,267
- Net Assets: $3,033,682
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT/APPLICATION & WORKSHOP F
Revenue
$15,160
Organization Details
Founding Year
1981
Phone
(603) 256-6362Principal Officer
Rebecca Davison
Main Address
PO BOX 84, W CHESTERFIELD, NH, 03466
Website
www.welcomehillstudios.orgNTEE Category
Code: A00 - Arts
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