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Real Art Ways Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 060958072 ✦ Hartford, CT ✦ Designated as a 501(c)(3)

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Overview

What is Real Art Ways Inc?

Real Art Ways Inc, located at 56 Arbor Street, Hartford, CT 06106, is a multidisciplinary arts organization serving a significant number of individuals annually. As an alternative entity, it showcases contemporary artists and their work, fosters the creation of new art, and actively engages, builds, and informs audiences and communities. Employing 37 individuals, Real Art Ways Inc plays a vital role in the arts sector, contributing to the cultural landscape and supporting the growth of contemporary artists.


Official website here: www.realartways.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 93% (Four-Star out of Four Stars)

Real Art Ways Inc has received a strong Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The rating is based entirely on a comprehensive score related to accountability and finance, where the organization scored 93%. This strong performance reflects well on the nonprofit's governance and transparency practices, which are essential for building trust with donors and stakeholders.

The organization has an independent board composed entirely of independent members, which is a significant strength as it allows for unbiased decision-making. Additionally, Real Art Ways Inc has robust policies in place regarding conflict of interest, whistleblower protections, and document retention, all of which contribute to its solid governance framework. The nonprofit also reports no material diversion of assets, which is an important indicator of financial integrity.

However, while the program expense ratio stands at 63.37%, there may be room for improvement in allocating more resources directly to its programs. Despite this, the organization exhibits excellent fundraising efficiency and a strong working capital ratio, showcasing its ability to manage funds effectively while maintaining sustainability.


This AI summary has been generated from information found on Charity Navigator.

Is Real Art Ways Inc legitimate?

Real Art Ways Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Real Art Ways 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: $152,630
Professional Fundraising Fees: $14,552
Other Salaries and Wages: $608,029

For more financial information, click here


Official website here: www.realartways.org

What is the mission statement of Real Art Ways Inc?

Real Art Ways Inc, being an innovative multidisciplinary arts organization, focuses on showcasing and fostering contemporary artists and their work. It encourages the creation of new art pieces and actively engages, builds, and educates its audiences and communities. The organization's mission is to serve as a platform for artists, providing a space for their work to be seen and appreciated. Furthermore, Real Art Ways Inc plays a significant role in engaging the public with art, fostering a deeper connection between the community and the artistic world. During the year, it served 12,214 individuals through its film and video offerings, demonstrating its commitment to reaching a wide audience.


Official website here: www.realartways.org

Who is the CEO of Real Art Ways Inc?

John Wilkins is the Exec Directo of Real Art Ways Inc.


Official website here: www.realartways.org

What is the revenue of Real Art Ways Inc?

Real Art Ways Inc's revenue in 2022 was $3,944,659.


Official website here: www.realartways.org

Who are the executives of Real Art Ways Inc and what are their salaries?

The average compensation at Real Art Ways Inc during 2022 was $20,558. There are 37 employees and 24 volunteers at Real Art Ways Inc.


Here are 10 key members and their salaries:


John Wilkins (Exec Directo)
  • Compensation: $173,035
  • Related: $0
  • Other: $18,730
Brenda Miller (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Mounds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Olu Oguibe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Pacheco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Enid Rey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregg Rohde (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yedalis Ruiz (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Trifon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Waite (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.realartways.org

Where can I find the form 990 for Real Art Ways Inc?

Real Art Ways Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.realartways.org

Learn more at the official website: www.realartways.org

Mission Statement of Real Art Ways Inc

Real Art Ways Inc is an innovative, multidisciplinary arts organization that stands out in its support of contemporary artists and their work. This nonprofit organization not only showcases artistic creations but also actively contributes to their creation, engaging, building, and informing audiences and communities in the process. By presenting and nurturing contemporary artists, Real Art Ways Inc fosters a creative environment that stimulates thought and encourages interaction between artists and the public.

One of the key aspects of Real Art Ways Inc's mission is its dedication to facilitating the creation of new work. This commitment extends beyond simply showcasing artists' work; the organization also plays an active role in nurturing their creative processes. By providing a platform for new work, Real Art Ways Inc contributes to the ongoing evolution of the arts and keeps audiences engaged with fresh, cutting-edge perspectives.

Real Art Ways Inc's mission is further demonstrated by its commitment to engaging, building, and informing audiences and communities. This nonprofit organization understands that art is not just a visual or auditory experience; it is a means of communication and connection. By creatively engaging with audiences and communities, Real Art Ways Inc encourages dialogue, fosters understanding, and builds bridges between different perspectives. In this way, the organization plays a vital role in enriching and enlivening the cultural landscape.

In summary, Real Art Ways Inc is an alternative multidisciplinary arts organization that presents and supports contemporary artists, facilitates the creation of new work, and creatively engages, builds, and informs audiences and communities. By doing so, it contributes to a dynamic and evolving arts scene, fostering interaction and dialogue between artists and the public, and enriching the cultural landscape.

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Impact




July, 2024

Real Art Ways Inc's impact is significant in the arts community, serving as an alternative multidisciplinary arts organization that presents and supports contemporary artists and their work. Through its activities, such as film and video screenings that reached 12,214 people in a year, Real Art Ways fosters creativity, engagement, and community building. By providing a platform for artists to showcase their work and engaging with audiences in a meaningful way, Real Art Ways contributes to the cultural enrichment and education of its community in Hartford, CT.




This information is meant to be a general summary of Real Art Ways 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.

Revenue
$3,944,659 (2022)
Expenses
$1,478,772 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$435
  • Program Service Revenue: $315,199
  • Gross Receipts: $4,018,054

Assets and Liabilities:

  • Total Assets: $4,525,806
  • Total Liabilities: $233,456
  • Net Assets: $4,292,350

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE FEES

Revenue

$201,476

MEMBERSHIP DUES

Revenue

$101,645

SPACE RENTAL

Revenue

$12,078

Organization Details

Founding Year

1975

Principal Officer

John Wilkins

Main Address

56 ARBOR STREET, HARTFORD, CT, 06106

NTEE Category

Code: A200 - Arts

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