Overview
What is Brooklyn Arts Exchange Inc?
Brooklyn Arts Exchange Inc, located at 421 FIFTH AVENUE, BROOKLYN, NY 11215, is a vibrant, multigenerational arts organization. Its primary mission is to support emerging artists, foster diverse audiences, and provide interactive programming, serving approximately 10,000 community members annually in New York City. BAX/Brooklyn Arts Exchange operates at the intersection of arts and social justice, offering a nurturing environment for creative expression and artistic process through education, residencies, and performances. With a dedicated workforce of 74 employees, BAX continues to serve its community with passion and commitment.
Official website here: www.bax.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star Rating)
Brooklyn Arts Exchange Inc has received an 86% overall score from Charity Navigator, primarily reflecting its strong accountability and finance practices. The organization boasts a fully independent board with ten members, and it excels in areas such as financial oversight and transparency, which contribute positively to its reputation.
The nonprofit demonstrates a solid program expense ratio of 77.93%, indicating that a significant portion of its spending directly supports its mission. Additionally, the organization maintains a healthy working capital ratio of 0.98 years, suggesting good financial stability and sustainability. The presence of comprehensive policies, including a conflict of interest and whistleblower policy, further underscores its commitment to ethical governance.
Despite its strengths, user feedback is not detailed in the available data; hence, insights into its impact or community engagement may be limited. Overall, Brooklyn Arts Exchange Inc shows promise as a financially responsible organization dedicated to its artistic mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Brooklyn Arts Exchange Inc?
96% of 56 reviewers on Facebook recommend Brooklyn Arts Exchange Inc. Here is a summary of their reviews: Many express that BAX is a cherished community hub, highlighting the supportive and artistic atmosphere it fosters. Reviewers appreciate not only the organization’s commitment to the arts but also its role in creating a welcoming space for creativity and collaboration.
The positive sentiment is evident, with several comments emphasizing the value of the community experience that BAX provides. People feel that it stands out as a significant resource in the city, offering both personal enrichment and artistic growth.
Overall, the feedback illustrates that Brooklyn Arts Exchange Inc is highly regarded among its users. Reviewers feel a strong connection to the organization, describing it as a unique and vital part of their artistic journeys.
This AI summary has been generated from reviews found on Facebook.
Is Brooklyn Arts Exchange Inc legitimate?
Brooklyn Arts Exchange Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brooklyn Arts Exchange 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: $205,355
Professional Fundraising Fees: $0
Other Salaries and Wages: $787,607
For more financial information, click here
Official website here: www.bax.org
What is the mission statement of Brooklyn Arts Exchange Inc?
Brooklyn Arts Exchange Inc, as a multigenerational arts organization, fosters creative expression and artistic growth by offering education, residencies, and performance opportunities. Their mission lies at the intersection of arts and social justice, aiming to nurture artistic processes and provide a platform for emerging artists. The organization supports the creation of innovative works, attracts diverse audiences, and offers interactive programming, reaching nearly 10,000 community members annually through public school residencies in New York City.
Official website here: www.bax.org
Who is the CEO of Brooklyn Arts Exchange Inc?
Kara Gilmour is the Executive Director of Brooklyn Arts Exchange Inc.
Official website here: www.bax.org
What is the revenue of Brooklyn Arts Exchange Inc?
Brooklyn Arts Exchange Inc's revenue in 2023 was $2,741,188.
Official website here: www.bax.org
Who are the executives of Brooklyn Arts Exchange Inc and what are their salaries?
The average compensation at Brooklyn Arts Exchange Inc during 2023 was $13,418. There are 74 employees and 8 volunteers at Brooklyn Arts Exchange Inc.
Here are 12 key members and their salaries:
- Compensation: $101,362
- Related: $0
- Other: $14,350
- Compensation: $70,159
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- Other: $14,350
- Compensation: $10,000
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Official website here: www.bax.org
Where can I find the form 990 for Brooklyn Arts Exchange Inc?
Brooklyn Arts Exchange Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bax.org
Learn more at the official website: www.bax.org
Mission Statement of Brooklyn Arts Exchange Inc
Brooklyn Arts Exchange Inc, or BAX for short, is a multifaceted arts organization that fosters creative growth and artistic development. Its mission lies at the intersection of arts and social justice, nurturing both emerging artists and diverse audiences. Through its educational programs, residencies, and performances, BAX encourages the exploration of innovative ideas and the expression of diverse perspectives. The organization plays a significant role in the creative community, supporting the creation of new works, cultivating diverse audiences, and providing accessible, interactive programming. Annually, BAX serves nearly 10,000 New York City community members, making a tangible impact on the local artistic landscape.
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Impact
July, 2024
Brooklyn Arts Exchange Inc, also known as BAX, plays a vital role in nurturing creative expression and artistic process in Brooklyn, New York. By supporting the creation of new work by emerging artists and cultivating diverse audiences, BAX has a significant impact on the local arts scene. Through accessible and interactive programming, as well as public school residencies, BAX serves nearly 10,000 community members annually, contributing to the vibrant cultural fabric of New York City. Its focus on arts and social justice further underscores the organization's commitment to fostering an inclusive and equitable creative community.
This information is meant to be a general summary of Brooklyn Arts Exchange 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: $328
- Program Service Revenue: $632,011
- Gross Receipts: $2,750,538
Assets and Liabilities:
- Total Assets: $4,495,296
- Total Liabilities: $2,951,551
- Net Assets: $1,543,745
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & WORKSHOPS
Revenue
$422,349
PROGRAM FEES
Revenue
$198,957
BOX OFFICE AND CONCESSIONS
Revenue
$10,705
Organization Details
Founding Year
1991
Phone
(718) 832-0018Principal Officer
Kara Gilmour
Main Address
421 FIFTH AVENUE, BROOKLYN, NY, 11215
Website
www.bax.orgNTEE Category
Code: A60Z - Arts
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