Overview
What is Abc No Rio Inc?
Abc No Rio Inc, based in New York City, New York, is a vibrant arts organization situated on the Lower East Side. With a strong commitment to fostering creativity and collaboration, the nonprofit provides a welcoming space for emerging artists, performers, poets, and musicians. During a period of construction, their programs and operations temporarily relocated to various venues and collaborated with other organizations. Their public events programming encompasses visual art exhibitions, concerts, performances, workshops, panels, and forums, with some events being presented online due to the COVID-19 pandemic. Although the organization continues to operate in exile, they have resumed their collaborative work with other venues and organizations in 2022. With a focused team of one employee, Abc No Rio Inc remains dedicated to promoting a supportive environment for the artistic community.
Official website here: www.abcnorio.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Abc No Rio Inc has received an overall score of 83%, reflecting a solid level of accountability and finance management. This rating is derived entirely from its Accountability & Finance score, which suggests the organization has effective oversight in its financial practices. The charity has a fully independent board, comprising 11 members, and has demonstrated excellent governance by maintaining no material diversion of assets.
However, there are some areas where the organization could improve. Although it excels in many accountability categories, it is noted that the whistleblower policy is missing, which could be seen as a limitation in promoting transparency and safeguarding against misconduct. Additionally, the program expense ratio of 61.75% indicates that while a significant portion of expenses is allocated to programs, there is still room for improvement in maximizing direct program expenditures.
Overall, Abc No Rio Inc appears to be a well-managed nonprofit with a strong governance structure and minimal financial liabilities, but it may benefit from enhancing its policies to further bolster accountability measures.
This AI summary has been generated from information found on Charity Navigator.
Is Abc No Rio Inc legitimate?
Abc No Rio Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abc No Rio 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: $16,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.abcnorio.org
What is the mission statement of Abc No Rio Inc?
Abc No Rio Inc serves as an arts organization, situated in an undisclosed location. Its primary objective is to foster a conducive environment where artists and the community can collaborate, share resources, and exchange ideas. Since its inception, the organization has been a welcoming and supportive space for numerous emerging artists, performers, poets, and musicians. Abc No Rio Inc has played a significant role in providing opportunities for these individuals to showcase their talents and grow within a community that promotes camaraderie and mutual support.
Official website here: www.abcnorio.org
Who is the CEO of Abc No Rio Inc?
Steven Englander is the Director of Abc No Rio Inc.
Official website here: www.abcnorio.org
What is the revenue of Abc No Rio Inc?
Abc No Rio Inc's revenue in 2022 was $86,462.
Official website here: www.abcnorio.org
Who are the executives of Abc No Rio Inc and what are their salaries?
The average compensation at Abc No Rio Inc during 2022 was $16,900. There is 1 employee and 15 volunteers at Abc No Rio Inc.
Here are 13 key members and their salaries:
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Official website here: www.abcnorio.org
Where can I find the form 990 for Abc No Rio Inc?
Abc No Rio Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.abcnorio.org
Learn more at the official website: www.abcnorio.org
Mission Statement of Abc No Rio Inc
Abc No Rio Inc, an arts organization based in Manhattan's Lower East Side, is dedicated to fostering a collaborative environment where artists and the community can share resources and ideas. Since its inception, this organization has served as a welcoming and supportive venue for numerous emerging artists, performers, poets, and musicians. Abc No Rio Inc aims to provide a platform where creativity thrives, and individuals can engage in mutual support and camaraderie, thereby enriching the artistic landscape.
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Impact
October, 2024
Abc No Rio Inc plays a vital role in fostering a vibrant arts community in Manhattan's Lower East Side. By offering a platform for artists and the public, it creates opportunities for sharing resources and ideas within an atmosphere of camaraderie and mutual support.
Throughout its current "in exile" period, the organization has adapted to challenges by programming diverse public events, including exhibitions, concerts, performances, and workshops. This adaptability has allowed it to continue engaging with the community despite setbacks like the COVID-19 pandemic, during which it shifted to online programming. In 2022, Abc No Rio resumed its collaborative efforts, further enriching New York's cultural landscape
The impact of Abc No Rio extends beyond individual artists; it cultivates a supportive environment that empowers emerging performers, poets, and musicians. This commitment to accessibility and collaboration enhances the local arts scene, making it a welcoming space for creativity and innovation in New York City.
This information is meant to be a general summary of Abc No Rio 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: $157
- Program Service Revenue: $1,215
- Gross Receipts: $86,462
Assets and Liabilities:
- Total Assets: $13,906,510
- Total Liabilities: $64,356
- Net Assets: $13,842,154
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
USER FEES
Revenue
$1,215
Organization Details
Founding Year
1980
Phone
(212) 254-3697Principal Officer
Steven Englander
Main Address
107 SUFFOLK STREET, NEW YORK, NY, 10002
Website
www.abcnorio.orgNTEE Category
Code: A20 - Arts
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