Overview
What is Free Arts For Abused Children Of New York City Inc?
Free Arts For Abused Children Of New York City Inc, commonly known as Free Arts NYC, is a nonprofit organization situated in New York City. Their primary mission is to empower youth from underserved communities by providing them with arts and mentoring programs. This enables these young individuals to develop their creativity, confidence, and skills necessary for success. They offer various programs, such as the Teen Arts Program, which provides access to the arts and fosters a pathway to academic and professional success with the support of a mentor. Their activities include portfolio development, creative lab, and internships, incorporating workshops, networking opportunities, and visits to artists' studios. In 2022, Free Arts NYC served 2,575 youth through Free Arts Days and the Teen Arts Program, with a total of 3,631 volunteer hours logged by employees and volunteers. The organization is committed to leveling the playing field by offering high-quality, transformative creative programming, often collaborating with community organizations to provide additional creative and career opportunities for their youth.
Official website here: www.freeartsnyc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating
Free Arts For Abused Children Of New York City Inc has earned an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With an Accountability & Finance Score of 98 and an outstanding Leadership & Adaptability Score of 100, the organization demonstrates strong governance and effective use of resources. The majority of its board members are independent, further enhancing its credibility and commitment to transparency.
The nonprofit focuses on empowering youth from underserved communities through art and mentoring programs. With a Program Expense Ratio of 72.27%, it effectively allocates a significant portion of its funds directly to its programs, showcasing its commitment to its mission. The organization also has a favorable Fundraising Efficiency Ratio of $0.15, indicating that it raises funds efficiently relative to its expenses.
However, while the organization shows strengths in financial health and governance, the Working Capital Ratio of 0.91 years suggests that it may have limited reserves to cover operational expenses in the short term. Overall, Free Arts NYC is recognized for its impactful programs and solid financial practices, making it a reputable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Free Arts For Abused Children Of New York City Inc legitimate?
Free Arts For Abused Children Of New York City Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Free Arts For Abused Children Of New York City 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: $215,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $820,755
For more financial information, click here
Official website here: www.freeartsnyc.org
What is the mission statement of Free Arts For Abused Children Of New York City Inc?
Free Arts for Abused Children of New York City Inc aims to empower youth from underserved communities by providing them with artistic and mentoring programs. These programs are designed to foster creativity, boost confidence, and enhance skills, ultimately enabling these children to succeed. The organization is committed to leveling the playing field by offering high-quality, positive mentorship grounded in transformative creative programming. Free Arts collaborates with various community organizations to offer additional creative and career opportunities for their youth. In 2022, the organization served 2,575 youth through its programs and logged a total of 5,421 volunteer hours.
Official website here: www.freeartsnyc.org
Who is the CEO of Free Arts For Abused Children Of New York City Inc?
Lizbeth Hopfan is the Executive Director of Free Arts For Abused Children Of New York City Inc.
Official website here: www.freeartsnyc.org
What is the revenue of Free Arts For Abused Children Of New York City Inc?
Free Arts For Abused Children Of New York City Inc's revenue in 2022 was $3,103,123.
Official website here: www.freeartsnyc.org
Who are the executives of Free Arts For Abused Children Of New York City Inc and what are their salaries?
The average compensation at Free Arts For Abused Children Of New York City Inc during 2022 was $51,828. There are 20 employees and 1407 volunteers at Free Arts For Abused Children Of New York City Inc.
Here are 12 key members and their salaries:
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Official website here: www.freeartsnyc.org
Where can I find the form 990 for Free Arts For Abused Children Of New York City Inc?
Free Arts For Abused Children Of New York City Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.freeartsnyc.org
Learn more at the official website: www.freeartsnyc.org
Mission Statement of Free Arts For Abused Children Of New York City Inc
Free Arts for Abused Children of New York City Inc aims to empower youth from underserved communities by providing them with art and mentoring programs. The organization's mission is to foster creativity, confidence, and skills in these young individuals, enabling them to succeed. Free Arts is dedicated to leveling the playing field by offering high-quality mentorship grounded in transformative creative programming. The nonprofit collaborates with various community organizations across the city, offering additional creative and career opportunities for their youth. By engaging volunteers, Free Arts logged an impressive 3,631 hours in 2022, valued at $115,465. Furthermore, the Teen Arts Program, a key component of their services, logged 1,790 hours with the aid of 89 volunteers, contributing $56,923 worth of volunteer time.
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Impact
October, 2024
Free Arts For Abused Children Of New York City Inc significantly impacts underserved youth by providing them with essential opportunities to develop creativity, confidence, and skills for success. In 2022, the organization engaged 2,575 young people through programs like Free Arts Days and the Teen Arts Program, fostering their artistic talents and personal growth.
The Teen Arts Program specifically offers an invaluable pathway to academic and professional success through access to the arts and mentorship. Participants engage in comprehensive tracks that include portfolio development, where they work closely with mentors to create a visual arts portfolio necessary for admission to esteemed art high schools or colleges. This rigorous eight-month process not only enhances their artistic abilities but also instills a sense of discipline and achievement.
Furthermore, through the Creative Lab component, high school students gain insight into the creative industry by visiting companies, networking with professionals, and engaging in mock work projects. This hands-on experience helps students discover various career paths and builds vital skills like communication, creativity, and problem solving—factors that are crucial for their future success.
The organization's commitment is reflected in the remarkable engagement of volunteers, who logged thousands of hours in support of these programs, contributing substantial value to the initiative. By working with community organizations across New York City, Free Arts ensures that creativity and career opportunities are accessible to youth who need them most, thereby leveling the playing field and empowering the next generation to thrive despite their challenges.
This information is meant to be a general summary of Free Arts For Abused Children Of New York City 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: $36,310
- Gross Receipts: $3,399,459
Assets and Liabilities:
- Total Assets: $2,478,714
- Total Liabilities: $82,113
- Net Assets: $2,396,601
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Organization Details
Founding Year
1997
Phone
(212) 974-9092Principal Officer
Lizbeth Hopfan
Main Address
1431 BROADWAY 8TH FLOOR, NEW YORK, NY, 10018
Website
www.freeartsnyc.orgNTEE Category
Code: I72 - Crime
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