Overview
What is Fourth Arts Block Inc?
Fourth Arts Block Inc, located in New York City, is a dedicated nonprofit organization with a strong mission to preserve, sustain, and foster the cultural vibrancy of the Lower East Side. They achieve this through various initiatives. Their programs include producing public art projects, offering support services to local cultural organizations, providing affordable workspace for artists, and sharing educational resources and information on the history, culture, and community of the Lower East Side. The organization's workforce consists of eight dedicated individuals. By engaging in these activities, Fourth Arts Block Inc plays a significant role in nurturing and promoting the cultural richness of the Lower East Side.
Official website here: www.fabnyc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Fourth Arts Block Inc (FAB) has received an impressive rating of 96% from Charity Navigator, indicating a strong commitment to accountability and finance. It achieved full points in several essential areas, including having a majority of independent board members and maintaining solid financial health, as evidenced by a low liabilities-to-assets ratio and a high program expense ratio. This strong financial foundation allows FAB to effectively support its mission to promote arts and culture in the East Village.
User feedback highlights FAB's impact on the local arts community and its role in fostering a vibrant cultural economy. Many individuals describe their experiences working with the organization as inspiring and fulfilling, emphasizing the staff's dedication to artists and their events. Reviewers frequently point out the affordability of cultural activities facilitated by FAB, enhancing access to the arts for the community.
While the overall sentiment is overwhelmingly positive, with numerous volunteers and artists expressing their gratitude for the opportunities provided, some feedback suggests that continued support is essential for sustaining FAB's initiatives. The organization is seen as a vital player in preserving the arts in a rapidly changing urban landscape, and many users stress the importance of ongoing community engagement to ensure its success.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Fourth Arts Block Inc legitimate?
Fourth Arts Block Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fourth Arts Block 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: $46,081
Professional Fundraising Fees: $0
Other Salaries and Wages: $151,300
For more financial information, click here
Official website here: www.fabnyc.org
What is the mission statement of Fourth Arts Block Inc?
Fourth Arts Block Inc's mission is centered around preserving, sustaining, and fostering the cultural vibrancy. Through their initiatives, they aim to safeguard the rich cultural heritage and stimulate its growth. Their programs involve the production of public art projects, offering support services to local cultural organizations, providing affordable workspace for artists, and sharing educational resources and information about the history, culture, and community of the Lower East Side.
Official website here: www.fabnyc.org
Who is the CEO of Fourth Arts Block Inc?
Ryan Gilliam is the Executive Director of Fourth Arts Block Inc.
Official website here: www.fabnyc.org
What is the revenue of Fourth Arts Block Inc?
Fourth Arts Block Inc's revenue in 2022 was $477,530.
Official website here: www.fabnyc.org
Who are the executives of Fourth Arts Block Inc and what are their salaries?
The average compensation at Fourth Arts Block Inc during 2022 was $24,673. There are 8 employees at Fourth Arts Block Inc.
Here are 8 key members and their salaries:
- Compensation: $37,773
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $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.fabnyc.org
Where can I find the form 990 for Fourth Arts Block Inc?
Fourth Arts Block Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fabnyc.org
Learn more at the official website: www.fabnyc.org
Mission Statement of Fourth Arts Block Inc
Fourth Arts Block, a distinguished organization, is committed to preserving, sustaining, and enhancing the cultural vibrancy of its community. This mission is accomplished through various initiatives. The organization produces public art projects, contributing to the aesthetic richness of the area. In addition, Fourth Arts Block offers support services to local cultural organizations, ensuring their continued growth and success.
Furthermore, the nonprofit provides affordable workspace for artists, fostering creativity and providing a nurturing environment for their talents to flourish. By sharing educational resources and information about the history, culture, and community of the Lower East Side, Fourth Arts Block encourages a deeper appreciation and understanding of the area. This multifaceted approach allows Fourth Arts Block to contribute significantly to the cultural landscape of its community.
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Impact
July, 2024
Fourth Arts Block Inc plays a vital role in preserving, sustaining, and growing the cultural vibrancy of the Lower East Side community in New York. Through its programs, the organization produces public art projects, offers support services to local cultural organizations, provides affordable workspace for artists, and shares educational resources and information on the history, culture, and community of the area. This multi-faceted approach contributes significantly to the artistic landscape of the Lower East Side, fostering creativity, community engagement, and cultural enrichment. Through its dedication to the arts, Fourth Arts Block Inc has a powerful impact on the local community, promoting artistic expression, supporting cultural institutions, and preserving the unique heritage of the Lower East Side.
This information is meant to be a general summary of Fourth Arts Block 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.
- Program Service Revenue: $32,890
- Gross Receipts: $480,454
Assets and Liabilities:
- Total Assets: $344,615
- Total Liabilities: $20,647
- Net Assets: $323,968
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTED SERVICE INCOME
Revenue
$32,890
Organization Details
Founding Year
2003
Phone
(646) 864-1209Principal Officer
Ryan Gilliam
Main Address
70 EAST 4TH STREET, NEW YORK, NY, 10003
Website
www.fabnyc.orgNTEE Category
Code: A20 - Arts
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