Overview
What is Artists Space Inc?
Artists Space Inc, located in New York City, is a contemporary art space that serves as a vital platform for artists, offering them exhibition opportunities, live commissions, and public programs. The organization, with a team of 15 individuals, is dedicated to fostering artistic and cultural growth in the city. It provides free access to a variety of exhibitions, performances, and public programs, aiming to showcase a diverse range of artistic forms and challenge traditional art histories. Additionally, Artists Space Inc has an education program called Expanded Art Ideas, which collaborates with New York City's public schools to boost visual and language arts curriculum, produce student exhibitions, and guide students in applying for arts scholarships. The organization also offers artist and exhibition catalogs for purchase and distributes a bi-weekly newsletter recommending local art events.
Official website here: www.artistsspace.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
Artists Space Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The rating is derived entirely from its Accountability & Finance score, which stands at 86%. The organization demonstrates strong governance with 96% of its board being independent members. Their financial oversight is commendable, as evidenced by a well-structured audit and oversight committee.
The nonprofit excels in its financial management, which is reflected in its program expense ratio of 68.53% and a fundraising efficiency ratio of $0.19. These figures suggest that a significant portion of their funding is allocated directly to programs rather than administrative costs. Additionally, their policies regarding conflicts of interest, whistleblowing, and document retention are all well-documented, enhancing their transparency.
However, there are some areas for improvement, particularly indicated by the liabilities to assets ratio of 54.73%, which could be a potential concern for long-term financial stability. While overall performance is strong, addressing this aspect may enhance their financial resilience moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Artists Space Inc legitimate?
Artists Space Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Artists Space 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: $165,023
Professional Fundraising Fees: $0
Other Salaries and Wages: $432,518
For more financial information, click here
Official website here: www.artistsspace.org
What is the mission statement of Artists Space Inc?
Artists Space Inc serves as a contemporary art platform, offering direct support to artists through exhibition opportunities, live commissions, and public programs. The organization presents a diverse range of exhibitions annually, including first-time public presentations, exhibitions of artists' archives, and thematic group shows challenging art historical narratives. Artists Space also supports historically marginalized artists and international artists with their first institutional exhibitions in the U.S. Their activities extend beyond exhibitions, featuring an active schedule of performances, events, and public programs, which could only happen at Artists Space. Artists and performers receive financial compensation and artistic production support, with Artists Space collaborating with over 170 artists each year.
Official website here: www.artistsspace.org
Who is the CEO of Artists Space Inc?
Jay Sanders is the President of Artists Space Inc.
Official website here: www.artistsspace.org
What is the revenue of Artists Space Inc?
Artists Space Inc's revenue in 2022 was $2,371,745.
Official website here: www.artistsspace.org
Who are the executives of Artists Space Inc and what are their salaries?
The average compensation at Artists Space Inc during 2022 was $39,836. There are 15 employees at Artists Space Inc.
Here are 26 key members and their salaries:
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Official website here: www.artistsspace.org
Where can I find the form 990 for Artists Space Inc?
Artists Space Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.artistsspace.org
Learn more at the official website: www.artistsspace.org
Mission Statement of Artists Space Inc
Artists Space Inc is a contemporary art space that offers direct support to artists through exhibition opportunities, live commissions, and public programs. Their mission is to provide a platform for artists at various stages of their careers, showcasing their work in a variety of formats. The organization presents six major exhibitions annually, showcasing a wide range of artistic forms. These exhibitions include an artist's first public presentation, institutional or otherwise, exhibitions of artists' archives and primary materials, exhibitions highlighting historically marginalized artists, first institutional exhibitions in the U.S. of international artists, and thematic group exhibitions challenging art historical histories and canons.
In addition to exhibitions, Artists Space Inc also hosts an active schedule of performances, events, and public programs. These events are unique to Artists Space and cannot be replicated elsewhere. Artists and performers are compensated and also receive artistic production support. In 2022, Artists Space worked with over 170 artists across exhibitions, performances, and public programs. This demonstrates the organization's commitment to supporting a diverse range of artists and providing them with opportunities to showcase their work.
In summary, Artists Space Inc is a contemporary art space that supports artists by providing them with exhibition opportunities, live commissions, and public programs. They present a wide range of artistic forms, from an artist's first public presentation to thematic group exhibitions challenging art historical histories and canons. Their active schedule of performances, events, and public programs offers artists a unique platform to showcase their work and receive compensation and production support.
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Impact
August, 2024
Artists Space Inc has a significant impact on the artistic and cultural life of New York City by serving as a primary venue for artists' work in all forms. By providing direct support to artists through exhibition opportunities, live commissions, and public programs, Artists Space fosters a vibrant and diverse artistic community in the city. With a robust exhibition program that includes showcasing a wide range of artists and artworks, Artists Space is instrumental in challenging traditional art historical narratives and canons. Additionally, the organization's Arts in Education program works to enrich the learning experiences of both mainstream and special education students in New York City's public schools by integrating visual and language arts into their curricula and guiding them through the artistic process. Through these initiatives, Artists Space plays a crucial role in supporting, promoting, and advancing contemporary art and artists in the New York City cultural landscape.
This information is meant to be a general summary of Artists Space 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: $177
- Gross Receipts: $2,371,745
Assets and Liabilities:
- Total Assets: $6,172,363
- Total Liabilities: $1,576,414
- Net Assets: $4,595,949
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Organization Details
Founding Year
1972
Phone
(212) 226-3970Principal Officer
Jay Sanders
Main Address
11 CORTLANDT ALLEY, NEW YORK, NY, 10013
Website
www.artistsspace.orgNTEE Category
Code: A400 - Arts
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