Overview
What is Lower East Side Printshop Inc?
Lower East Side Printshop Inc is a dedicated nonprofit organization situated in New York City, specifically at 306 WEST 37TH STREET 6TH FL. Their primary mission is to empower contemporary artists by offering them open access to studio space, financial support, technical assistance, and expertise in printmaking. The organization provides a nurturing environment that encourages exploration, experimentation, and collaboration, thereby enabling artists to create new work. Furthermore, Lower East Side Printshop Inc offers exhibition opportunities and exposure to events such as the E/AB Fair, thereby enhancing artists' careers. The organization boasts a team of five dedicated individuals, committed to supporting the artistic community.
Official website here: www.printshop.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Stars)
Lower East Side Printshop Inc has achieved an impressive Four-Star rating from Charity Navigator, underscoring its strong performance in accountability and finance. With a score of 93%, the organization demonstrates a solid commitment to financial health and transparency, which are critical factors for donor trust and support.
The nonprofit excels particularly in having a fully independent board of directors, which enhances its governance and decision-making processes. Additionally, it maintains a high program expense ratio of 91.42%, indicating that a significant portion of its resources is directed toward its mission-related activities. The absence of material diversion of assets further strengthens its financial integrity.
However, one notable limitation is the lack of a conflict of interest policy, which scored zero out of seven points. This could raise concerns about potential governance issues in the future. Despite this, the overall financial management and operational transparency of Lower East Side Printshop Inc remain commendable, making it a trustworthy organization for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Lower East Side Printshop Inc legitimate?
Lower East Side Printshop Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lower East Side Printshop 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: $76,742
Professional Fundraising Fees: $0
Other Salaries and Wages: $190,665
For more financial information, click here
Official website here: www.printshop.org
What is the mission statement of Lower East Side Printshop Inc?
Lower East Side Printshop Inc supports contemporary artists by providing them with various resources to create new work. This includes offering open access to studio space, providing stipends, sharing expertise in printmaking, and exposing them to opportunities such as exhibitions and the E/AB Fair. The organization's mission is to enable artists to grow and showcase their work, thereby fostering creativity and artistic development. The Workspace Program, a key aspect of their services, offers artists a supportive professional environment, financial and technical assistance, and a range of exhibition and education opportunities. This comprehensive support system allows artists to explore, experiment, and collaborate, ultimately helping them create and showcase their work.
Official website here: www.printshop.org
Who is the CEO of Lower East Side Printshop Inc?
John Koegel is the President of Lower East Side Printshop Inc.
Official website here: www.printshop.org
What is the revenue of Lower East Side Printshop Inc?
Lower East Side Printshop Inc's revenue in 2022 was $892,790.
Official website here: www.printshop.org
Who are the executives of Lower East Side Printshop Inc and what are their salaries?
The average compensation at Lower East Side Printshop Inc during 2022 was $53,481. There are 5 employees at Lower East Side Printshop Inc.
Here are 8 key members and their salaries:
- Compensation: $79,481
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.printshop.org
Where can I find the form 990 for Lower East Side Printshop Inc?
Lower East Side Printshop Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.printshop.org
Learn more at the official website: www.printshop.org
Mission Statement of Lower East Side Printshop Inc
Lower East Side Printshop Inc is dedicated to supporting contemporary artists by providing them with the necessary resources to create new work. This is achieved through offering open access to studio space, stipends, expertise in printmaking, and exposure to opportunities such as exhibitions and the E/AB Fair. The organization's mission is to enable artists of all backgrounds and career stages to explore, experiment, and collaborate, fostering an environment that encourages creativity and innovation. By providing financial and technical assistance, exhibition opportunities, and a supportive professional environment, Lower East Side Printshop Inc empowers artists to push the boundaries of their craft and make significant contributions to the art world.
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Impact
August, 2024
Lower East Side Printshop Inc has a significant impact on contemporary artists by providing open access to studio space, stipends, expertise in printmaking, and exposure to opportunities including exhibitions and the E/AB Fair. Their Workspace Program offers studio space and materials for artists of all backgrounds and career stages, along with financial and technical assistance, exhibition and education opportunities, and a supportive professional environment. Participating artists can explore, experiment, and collaborate to create new work. This organization plays a crucial role in supporting artists and fostering creativity within the arts community.
This information is meant to be a general summary of Lower East Side Printshop 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: $27
- Program Service Revenue: $637,668
- Gross Receipts: $892,790
Assets and Liabilities:
- Total Assets: $348,703
- Total Liabilities: $72,046
- Net Assets: $276,657
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT SERVICES
Revenue
$22,290
PROGRAM FEES
Revenue
$249,678
PROGRAM SALES
Revenue
$365,700
Organization Details
Founding Year
1968
Phone
(212) 673-5390Principal Officer
John Koegel
Main Address
306 WEST 37TH STREET 6TH FL, NEW YORK, NY, 10018
Website
www.printshop.orgNTEE Category
Code: A40 - Arts
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