Overview
What is Marian And Edward Macdowell Inc?
Marian And Edward Macdowell Inc is a prestigious nonprofit organization located in Peterborough, New Hampshire. Established in 1907, it has been nurturing artistic talent for over a century. The organization offers fellowships to artists, granting them room, board, and exclusive studio use for up to six weeks. The fellowship program, open to a diverse range of artists, encourages artistic excellence in various disciplines. The primary goal is to provide an inspiring residential environment where artists can create enduring works of the imagination. Macdowell welcomes talents from different artistic backgrounds and practices, fostering a convivial setting for creative exchanges and connections. In 2022, the organization hosted 278 artists for a total of 7,356 'artist-days.' Additionally, Macdowell offers financial aid to artists in need and engages in activities promoting the understanding and appreciation of the arts for a broader public audience. The organization remains committed to promoting diversity, equity, inclusion, and access through various initiatives.
Official website here: www.macdowell.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)
Marian And Edward Macdowell Inc has received a solid Three-Star rating from Charity Navigator, indicating a strong focus on accountability and finance. The charity scored 87% in this category, reflecting its commitment to transparency and responsible management of resources. The organization boasts a fully independent board, which enhances its governance structure and decision-making processes.
Strengths of the organization include a robust conflict of interest policy, a comprehensive whistleblower policy, and effective financial oversight, all of which contribute to its high accountability score. Additionally, the charity has demonstrated excellent management of its liabilities, with a notably low liabilities to assets ratio of 4.51%. The inclusion of important documents like financial statements and board meeting minutes on its website further underscores its commitment to transparency.
However, while the organization's overall program expense ratio is 59.64%, there is room for improvement in allocating a greater portion of its budget towards programmatic activities. This aspect may be a point of consideration for donors looking to support initiatives with direct community impact. Overall, Marian And Edward Macdowell Inc shows a commendable level of financial integrity and governance.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Marian And Edward Macdowell Inc?
96% of reviewers on Facebook recommend Marian And Edward Macdowell Inc. Here’s a look at their thoughts:
Many individuals express a deep appreciation for the organization, highlighting it as a transformative environment for artists. Reviewers praise the nurturing atmosphere and the supportive community, noting that their experiences during residencies have fostered both artistic and personal growth. This positive sentiment reflects the impact that the nonprofit has on creatives looking for a place to thrive.
Overall, it appears that Marian And Edward Macdowell Inc. successfully delivers on its promise to support artists, providing them with an invaluable space for development and inspiration.
This AI summary has been generated from reviews found on Facebook.
Is Marian And Edward Macdowell Inc legitimate?
Marian And Edward Macdowell Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marian And Edward Macdowell 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: $866,148
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,868,829
For more financial information, click here
Official website here: www.macdowell.org
What is the mission statement of Marian And Edward Macdowell Inc?
Marian and Edward MacDowell Inc's mission is centered around nurturing creativity in artists by providing an inspiring residential environment. They welcome individuals across various artistic practices, encouraging exploration of diverse creative inquiries and concerns. The organization applies egalitarian standards to all its staff, volunteers, and representatives. Each year, MacDowell grants fellowships to approximately 300 artists, offering them accommodation, meals, and exclusive studio usage for up to six weeks. This secluded setting, surrounded by a diverse community of peers, allows artists to focus on their work, free from distractions. The opportunity for creative exchange and networking in a convivial atmosphere further boosts their productivity.
Official website here: www.macdowell.org
Who is the CEO of Marian And Edward Macdowell Inc?
Chiwoniso Kaitano is the Principal Officer of Marian And Edward Macdowell Inc.
Official website here: www.macdowell.org
What is the revenue of Marian And Edward Macdowell Inc?
Marian And Edward Macdowell Inc's revenue in 2022 was $6,095,551.
Official website here: www.macdowell.org
Who are the executives of Marian And Edward Macdowell Inc and what are their salaries?
The average compensation at Marian And Edward Macdowell Inc during 2022 was $42,077. There are 65 employees and 85 volunteers at Marian And Edward Macdowell Inc.
Here are 67 key members and their salaries:
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Official website here: www.macdowell.org
Where can I find the form 990 for Marian And Edward Macdowell Inc?
Marian And Edward Macdowell Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.macdowell.org
Learn more at the official website: www.macdowell.org
Mission Statement of Marian And Edward Macdowell Inc
Marian and Edward MacDowell Inc, a renowned organization, is dedicated to nurturing the arts by providing a stimulating residential environment for talented individuals. This environment serves as a sanctuary where artists engaged in a wide spectrum of artistic practices and those exploring an infinite array of creative inquiries and concerns can produce lasting works of imagination. MacDowell applies egalitarian standards for all individuals who contribute to the organization, whether in a staff, volunteer, or representative capacity.
Each year, MacDowell grants fellowships to approximately 300 artists, offering them accommodation, meals, and exclusive use of a studio for stays up to six weeks. Surrounded by a diverse community of peers, MacDowell fellows benefit from the distraction-free period and the opportunity to exchange creative ideas and connections in a convivial setting. This supportive atmosphere fosters productivity, enabling artists to make significant strides in their creative pursuits.
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Impact
July, 2024
Marian and Edward MacDowell Inc, through its residency program and support for artists, has a significant impact on the arts community. By offering an inspiring residential environment for talented individuals to create enduring works of imagination, MacDowell contributes to the cultivation of artistic excellence across a broad spectrum of practices and creative inquiries. The organization grants fellowships to numerous artists each year, providing them with the necessary space, resources, and community support to thrive creatively.
Furthermore, MacDowell's commitment to diversity, equity, and inclusion is evident in its programs and initiatives aimed at increasing access to the arts for a more inclusive public audience. By fostering a diverse community of artists and promoting dialogue around these important themes, MacDowell contributes to a more vibrant and equitable arts landscape.
Founded in 1907 and recognized with the National Medal of Arts in 1997, MacDowell continues to be a pivotal force in nurturing and inspiring artists, enabling them to reach new heights in their creative endeavors.
This information is meant to be a general summary of Marian And Edward Macdowell 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.
- Investment Income: $3,770,431
- Program Service Revenue: $100,464
- Gross Receipts: $12,562,079
Assets and Liabilities:
- Total Assets: $48,219,199
- Total Liabilities: $2,436,304
- Net Assets: $45,782,895
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APPLICATION FEES
Revenue
$100,464
Organization Details
Founding Year
1907
Phone
(603) 924-3886Principal Officer
Chiwoniso Kaitano
Main Address
100 HIGH STREET, PETERBOROUGH, NH, 03458
Website
www.macdowell.orgNTEE Category
Code: A90 - Arts
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