Overview
What is The Society Of Arts And Crafts?
The Society of Arts and Crafts, located in Dorchester, Massachusetts, serves as a platform to celebrate and promote fine craftsmanship. With a mission to encourage the creation, collection, and conservation of craft art, they sponsor exhibitions, award programs, and educational programming. Their activities include showcasing the work of over 400 craft artists through a virtual gallery and supporting contemporary craft artists by exhibiting their one-of-kind and limited edition pieces in various mediums like basketry, ceramics, furniture, glass, jewelry, leather, metal, mixed media, paper, wearable art, and wood. The Society also fosters public appreciation of craftsmanship through educational lectures and features emerging artists from leading schools and universities.
Official website here: www.societyofcrafts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 55% (One-Star out of Four Stars)
The Society of Arts and Crafts has received a One-Star rating from Charity Navigator, indicating significant areas for improvement in accountability and finance. The organization's Accountability & Finance Score stands at 52, which is below average, reflecting concerns primarily in financial management practices. While the charity has a solid Culture & Community Score of 100, showcasing strong engagement, the financial metrics suggest a need for better resource allocation towards programs.
Strengths of the organization include a fully independent board, effective audit processes, and comprehensive policies on conflict of interest and document retention. The charity has excelled in feedback collection and usage, which indicates a commitment to stakeholder engagement and responsiveness. However, the absence of a whistleblower policy and the missing tax form on its website raises transparency issues that could affect donor trust.
Moreover, the organization's low program expense ratio of 37.81% suggests that a smaller portion of its funds is directed towards its programs compared to administrative costs, which is a concern for sustainability and impact. Additionally, the liabilities to assets ratio of 10.56% indicates potential financial vulnerability. Overall, while The Society of Arts and Crafts demonstrates commendable governance practices, it must address its financial strategy and transparency to enhance its effectiveness and credibility in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Society Of Arts And Crafts legitimate?
The Society Of Arts And Crafts is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Society Of Arts And Crafts 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: $136,362
For more financial information, click here
Official website here: www.societyofcrafts.org
What is the mission statement of The Society Of Arts And Crafts?
The Society of Arts and Crafts strives to foster excellence in the field of crafts by encouraging the creation, collection, and preservation of artworks by skilled craft artists. They fulfill this mission by sponsoring exhibitions, award programs, and educational initiatives. Additionally, the organization promotes public appreciation of fine craftsmanship by showcasing the work of over 400 craft artists in their virtual gallery on a continuous basis. Their activities aim to support, educate, and promote the value of craft artistry to a broader audience.
Official website here: www.societyofcrafts.org
What is the revenue of The Society Of Arts And Crafts?
The Society Of Arts And Crafts's revenue in 2024 was $187,380.
Official website here: www.societyofcrafts.org
Who are the executives of The Society Of Arts And Crafts and what are their salaries?
The average compensation at The Society Of Arts And Crafts during 2024 was $19,480. There are 7 employees at The Society Of Arts And Crafts.
Here are 16 key members and their salaries:
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Official website here: www.societyofcrafts.org
Where can I find the form 990 for The Society Of Arts And Crafts?
The Society Of Arts And Crafts's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.societyofcrafts.org
Learn more at the official website: www.societyofcrafts.org
Mission Statement of The Society Of Arts And Crafts
The Society of Arts and Crafts is committed to fostering excellence in the field of crafts. To achieve this mission, they actively encourage the creation, collection, and conservation of artworks by talented craft artists. Furthermore, the organization seeks to educate the public and promote a deeper appreciation of fine craftsmanship. To fulfill this objective, they sponsor various exhibitions, award programs, and educational initiatives. Additionally, The Society of Arts and Crafts showcases the work of over 400 craft artists in their virtual gallery on a continuous basis, providing a platform for these artists to showcase their talents.
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Impact
July, 2024
The Society of Arts and Crafts plays a significant role in supporting excellence in crafts by encouraging the creation, collection, and conservation of the work of craft artists. Through exhibitions, award programs, educational programming, and promoting the work of over 400 craft artists in their virtual gallery, the Society contributes to the preservation and advancement of fine craftsmanship. CraftBoston, one of their key initiatives, showcases contemporary crafts to educate the public about their aesthetic value and features a wide range of studio artists displaying unique and limited-edition pieces across various mediums. By fostering appreciation for fine craftsmanship and providing a platform for artists to exhibit their work, the Society of Arts and Crafts has a lasting impact on the craft community and the wider public.
This information is meant to be a general summary of The Society Of Arts And Crafts. 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 2024.
- Investment Income: $11,031
- Program Service Revenue: $4,045
- Gross Receipts: $274,389
Assets and Liabilities:
- Total Assets: $877,949
- Total Liabilities: $39,219
- Net Assets: $838,730
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
JUMP STARTER PROGRAM
Revenue
$2,555
CRAFTBOSTON ON THE MOVE
Revenue
$1,490
Organization Details
Founding Year
1897
Principal Officer
Marica Young
Website
www.societyofcrafts.orgNTEE Category
Code: A400 - Arts
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