Overview
What is Franklin Furnace Archive Inc?
Franklin Furnace Archive Inc is a nonprofit organization situated in Brooklyn, New York, specifically at 200 Willoughby Avenue, 11205. Their primary mission is to support and advocate for avant-garde art, particularly forms that might face institutional neglect, cultural bias, or political unpopularity due to their ephemeral nature. They achieve this by presenting, preserving, interpreting, and advocating for such forms of art, providing both physical and virtual venues for emerging artists. Franklin Furnace serves as a platform for various contemporary avant-garde art forms, including installation art, performance art, and artists' books and periodicals. The organization is dedicated to fostering emerging artists and promoting the value of avant-garde art in life, with a total staff of 6 individuals.
Official website here: www.franklinfurnace.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%
Franklin Furnace Archive Inc has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization excels in having a fully independent board and has no reported material diversion of assets. This high score is indicative of their excellent financial health, with a program expense ratio of 76.50%, demonstrating that the majority of expenditures directly support their programs.
User feedback from Great Nonprofits highlights the organization's impactful mission to promote avant-garde art. A donor praised Franklin Furnace for its consistent delivery of innovative offerings, emphasizing its dedication to showcasing brave and creative work. Such testimonials suggest that the nonprofit not only maintains strong operational standards but also resonates well with its community.
While the available ratings and reviews are overwhelmingly positive, some limitations in the data may not be fully captured. However, the overall financial health and community impact position Franklin Furnace Archive Inc as a reputable nonprofit in the arts sector.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Franklin Furnace Archive Inc legitimate?
Franklin Furnace Archive Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin Furnace Archive 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:
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For more financial information, click here
Official website here: www.franklinfurnace.org
What is the mission statement of Franklin Furnace Archive Inc?
Franklin Furnace Archive Inc's mission is centered around advocating and supporting avant-garde art, particularly forms that may be neglected due to institutional bias, their temporary nature, or politically unpopular content. The organization is committed to serving artists by providing platforms for the presentation of various time-based art forms, including performance art, installation art, and artists' books and periodicals. Franklin Furnace also takes on activities related to these purposes, with a focus on emerging artists and fostering their zeal to share ideas. The organization awards grants to deserving artists and ensures diversity of viewpoints through a panel review process.
Official website here: www.franklinfurnace.org
Who is the CEO of Franklin Furnace Archive Inc?
Martha Wilson is the President of Franklin Furnace Archive Inc.
Official website here: www.franklinfurnace.org
What is the revenue of Franklin Furnace Archive Inc?
Franklin Furnace Archive Inc's revenue in 2022 was $521,603.
Official website here: www.franklinfurnace.org
Who are the executives of Franklin Furnace Archive Inc and what are their salaries?
There are 6 employees at Franklin Furnace Archive Inc.
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- Compensation: $48,480
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Official website here: www.franklinfurnace.org
Where can I find the form 990 for Franklin Furnace Archive Inc?
Franklin Furnace Archive Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.franklinfurnace.org
Learn more at the official website: www.franklinfurnace.org
Mission Statement of Franklin Furnace Archive Inc
Franklin Furnace Archive Inc is dedicated to championing avant-garde art, particularly forms that may be overlooked due to institutional neglect, cultural bias, their ephemeral nature, or politically unpopular content. The organization serves as a proactive advocate, presenting, preserving, interpreting, and advocating for these art forms. By doing so, Franklin Furnace Archive Inc aims to provide a platform for emerging artists, offering both physical and virtual venues for the presentation of time-based art, including but not limited to artists' books, installation art, performance art, and unforeseen contemporary avant-garde art forms. The nonprofit is committed to fostering artists' passion for broadcasting ideas and taking an aggressive pedagogical stance regarding the value of avant-garde art in life. Franklin Furnace Archive Inc also awards grants to deserving artists, ensuring diversity of viewpoints through a panel review process, and preparing selected emerging artists for major performance artworks to be presented in the new year.
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Impact
July, 2024
Franklin Furnace Archive Inc is dedicated to presenting, preserving, interpreting, proselytizing, and advocating on behalf of avant-garde art, particularly forms that may be vulnerable due to institutional neglect, cultural bias, their ephemeral nature, or politically unpopular content. They provide physical and virtual venues for the presentation of time-based art, including artists' books, installation art, performance art, and other contemporary avant-garde art forms.
Through their activities, Franklin Furnace Archive Inc serves emerging artists, fosters a pedagogical stance on the value of avant-garde art to life, and supports artists in broadcasting their ideas. They also award grants to deserving artists and ensure diversity of viewpoints in their selection process.
Overall, Franklin Furnace Archive Inc plays a vital role in promoting and supporting avant-garde art, empowering artists, and challenging conventional boundaries in the art world.
This information is meant to be a general summary of Franklin Furnace Archive 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: $11,795
- Program Service Revenue: $37,603
- Gross Receipts: $521,603
Assets and Liabilities:
- Total Assets: $564,316
- Total Liabilities: $104,472
- Net Assets: $459,844
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VISUAL ARTS
Revenue
$37,603
Organization Details
Founding Year
1976
Phone
(718) 687-5800Principal Officer
Martha Wilson
Main Address
200 WILLOUGHBY AVENUE, BROOKLYN, NY, 11205
Website
www.franklinfurnace.orgNTEE Category
Code: A51 - Arts
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