Overview
What is Fine Arts Work Center In Provincetown Inc?
Fine Arts Work Center In Provincetown Inc is a renowned artist-led nonprofit organization situated in Provincetown, Massachusetts. Known for its seven-month fellowships, the center provides living and working spaces for emerging writers and visual artists in the early stages of their careers. Each year, twenty fellows are selected, who live and work independently in a supportive community while being inspired by the area's natural beauty. The center has a rich history of fostering artistic growth, with past fellows winning numerous prestigious awards and accomplishments, such as Pulitzers, MacArthurs, and National Book Awards. With a mission to support artistic freedom, nurture creative connections, and enable significant artistic achievements, the Fine Arts Work Center is an essential part of the larger cultural landscape.
Official website here: www.fawc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Fine Arts Work Center in Provincetown has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization's score is based entirely on its performance in Accountability & Finance, highlighting its effective governance and operational transparency.
One of the notable strengths of the organization is its 100% independent board of directors, which ensures that decisions are made without conflicts of interest. Additionally, the organization maintains a solid fiscal management stance, with low liabilities compared to its assets and a high percentage of program expenses directed towards its mission, indicating a strong focus on programmatic impact.
Overall, the Fine Arts Work Center demonstrates excellent practices in financial oversight and governance. However, the summary does not indicate any specific limitations or areas for improvement, implying that the organization operates with a high degree of integrity and efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is Fine Arts Work Center In Provincetown Inc legitimate?
Fine Arts Work Center In Provincetown Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fine Arts Work Center In Provincetown 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: $158,254
Professional Fundraising Fees: $51,522
Other Salaries and Wages: $699,566
For more financial information, click here
Official website here: www.fawc.org
What is the mission statement of Fine Arts Work Center In Provincetown Inc?
The Fine Arts Work Center In Provincetown Inc is an artist-led organization that supports artistic freedom, fosters creative connections, and facilitates significant artistic achievements beneficial to the larger culture. Its mission is centered around providing seven-month residencies for emerging writers and artists in the early stages of their careers, offering them living and workspace along with a monthly stipend. The center provides a diverse and supportive community for these fellows, who have gone on to win numerous national awards and prizes, including the Pulitzer, MacArthur, and Whiting. The location's natural beauty serves as a backdrop for these creatives as they pursue their work independently during their fellowship year. Optional group activities offer opportunities for fellows to interact with program committee members and visiting artists and writers of note.
Official website here: www.fawc.org
What is the revenue of Fine Arts Work Center In Provincetown Inc?
Fine Arts Work Center In Provincetown Inc's revenue in 2023 was $3,051,629.
Official website here: www.fawc.org
Who are the executives of Fine Arts Work Center In Provincetown Inc and what are their salaries?
The average compensation at Fine Arts Work Center In Provincetown Inc during 2023 was $45,148. There are 19 employees and 150 volunteers at Fine Arts Work Center In Provincetown Inc.
Here are 29 key members and their salaries:
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- Compensation: $138,758
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- Other: $8,300
Official website here: www.fawc.org
Where can I find the form 990 for Fine Arts Work Center In Provincetown Inc?
Fine Arts Work Center In Provincetown Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fawc.org
Learn more at the official website: www.fawc.org
Mission Statement of Fine Arts Work Center In Provincetown Inc
The Fine Arts Work Center In Provincetown is an artist-led organization that values artistic freedom and fosters creative connections. Its mission is to support emerging writers and artists in the early stages of their careers by providing them with seven-month fellowships, including living and working space, and a monthly stipend. Located in a picturesque natural setting, this center offers a unique opportunity for fellows to work independently in a diverse and supportive community of peers. The Fine Arts Work Center has a distinguished track record, with its alumni going on to win major national awards and prizes, such as the Pulitzer, MacArthur, Whiting, Pollick-Krasner, Tiffany, Prix de Rome, Guggenheim, National Endowment for the Arts, and National Book Award. The center's fellows are expected to reside and work in Provincetown during their fellowship year, and optional group activities provide opportunities to engage with program committee members and prominent visiting artists and writers.
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Impact
July, 2024
Fine Arts Work Center In Provincetown Inc has a significant impact on the artistic community by providing emerging writers and artists with valuable support and resources through its Fellowship Program. This program offers seven-month residencies to talented individuals in the crucial early stages of their careers, providing living and work space as well as a monthly stipend. Past fellows have gone on to receive prestigious awards and prizes, publish numerous books, and exhibit their work in museums and galleries worldwide. By nurturing creative connections and fostering artistic achievement, the Fine Arts Work Center plays a vital role in shaping the cultural landscape and supporting the development of up-and-coming artists and writers.
This information is meant to be a general summary of Fine Arts Work Center In Provincetown 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 2023.
- Investment Income: $74,168
- Program Service Revenue: $714,633
- Gross Receipts: $3,205,430
Assets and Liabilities:
- Total Assets: $7,826,223
- Total Liabilities: $1,475,593
- Net Assets: $6,350,630
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$445,500
RESIDENCY RENTAL
Revenue
$209,886
APPLICATION FEES
Revenue
$59,247
Organization Details
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