Overview
What is Art Production Fund Inc?
Art Production Fund Inc, a 501(c)(3) nonprofit organization, is based in New York City, specifically at 954 Lexington Ave 2076, with a dedicated focus on commissioning and producing innovative public art projects. Their mission is to engage new audiences and broaden awareness through contemporary art, transcending traditional exhibition spaces. The organization has successfully executed various projects, such as "Art in Focus," displaying commissioned installations throughout Rockefeller Center in New York, attracting an estimated 500,000 visitors daily. Another notable project is "Seven Magic Mountains" by Ugo Rondinone in Las Vegas, Nevada, which has captivated over 300,000 visitors annually since its inception. Their commitment to public art extends beyond the United States, with projects like "Funtime Unicorns" by Derrick Adams and "Prada Marfa" by Elmgreen & Dragset in Marfa, Texas, drawing over 50,000 and 1 million visitors respectively. Art Production Fund Inc. continues to push boundaries and captivate audiences with their ambitious public art projects.
Official website here: www.artproductionfund.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 94% (Four-Star out of Four Star rating)
Art Production Fund Inc has received a commendable Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The organization excels in transparency, with a fully independent board and robust financial oversight mechanisms in place. Key strengths include no material diversion of assets and a low liabilities-to-assets ratio, indicating sound financial management.
The nonprofit's accountability measures are also noteworthy, as it has established comprehensive policies, such as conflict of interest and whistleblower protections, which contribute to its integrity and operational trustworthiness. Additionally, the organization's program expense ratio of 68.52% suggests that a significant portion of its resources is directed towards fulfilling its mission.
However, while the rating is strong, the organization may benefit from focusing on increasing its program expense ratio further. This could enhance its impact and outreach within the community it serves. Overall, Art Production Fund Inc demonstrates a commitment to responsible governance and effective financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Art Production Fund Inc legitimate?
Art Production Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Art Production Fund 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: $183,017
Professional Fundraising Fees: $0
Other Salaries and Wages: $136,319
For more financial information, click here
Official website here: www.artproductionfund.org
What is the mission statement of Art Production Fund Inc?
Art Production Fund Inc is a non-profit organization committed to commissioning and producing ambitious public art projects. Their mission is to reach new audiences and expand awareness through contemporary art, with a focus on creating impactful installations in various public locations. They execute multidisciplinary programs like "Art in Focus," showcasing commissioned works by artists in numerous locations. Their projects have attracted significant attention, such as "Seven Magic Mountains" by Ugo Rondinone in Las Vegas, which sees over 300,000 visitors annually. Another noteworthy example is "Funtime Unicorns" by Derrick Adams at Rockefeller Center, which drew over 1 million visitors during its 2-month presentation.
Official website here: www.artproductionfund.org
Who is the CEO of Art Production Fund Inc?
Dan Tanzilli is the Chair of Art Production Fund Inc.
Official website here: www.artproductionfund.org
What is the revenue of Art Production Fund Inc?
Art Production Fund Inc's revenue in 2022 was $1,243,223.
Official website here: www.artproductionfund.org
Who are the executives of Art Production Fund Inc and what are their salaries?
The average compensation at Art Production Fund Inc during 2022 was $159,668. There are 2 employees and 13 volunteers at Art Production Fund Inc.
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $0
- 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
- Compensation: $0
- Related: $0
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $160,000
- Related: $0
- Other: $23,016
- Compensation: $110,000
- Related: $0
- Other: $23,226
Official website here: www.artproductionfund.org
Where can I find the form 990 for Art Production Fund Inc?
Art Production Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.artproductionfund.org
Learn more at the official website: www.artproductionfund.org
Mission Statement of Art Production Fund Inc
Art Production Fund Inc is a distinguished 501(c)(3) non-profit organization that is committed to commissioning and producing ambitious public art projects. Its mission is to reach new audiences and expand awareness through contemporary art, breaking the boundaries of traditional art spaces. The non-profit organization achieves this by presenting captivating artworks and exhibitions to the public, thereby encouraging engagement and fostering a greater appreciation for art.
One of Art Production Fund Inc's notable programs is "Art in Focus," a multidisciplinary initiative that takes place several times a year, showcasing commissioned installations by artists in various public locations throughout Rockerfeller Center NY. With an estimated 500,000 daily visitors, this initiative plays a significant role in exposing a vast audience to contemporary art. Furthermore, Art Production Fund Inc has supported and exhibited various projects and installations, including "Seven Magic Mountains" by Ugo Rondinone in Las Vegas, NV, which has attracted over 300,000 visitors annually, and "Funtime Unicorns" by Derrick Adams at Rockefeller Center, which welcomed over 1 million visitors during its 2-month presentation.
In summary, Art Production Fund Inc is a trailblazer in the public art world, dedicated to commissioning and producing extraordinary public art projects that engage audiences and broaden their exposure to contemporary art. By showcasing artworks and exhibitions in high-traffic public spaces, the organization has successfully reached new audiences and expanded awareness through its groundbreaking initiatives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Art Production Fund Inc significantly influences the cultural landscape by commissioning and producing ambitious public art projects that engage and inspire a broad audience. Through initiatives like "Art in Focus," they install dynamic artworks in prominent locations such as Rockefeller Center, attracting an estimated 500,000 visitors daily.
Their projects, including "Seven Magic Mountains" by Ugo Rondinone in Las Vegas, draw about 1,000 visitors each day, culminating in an annual attendance of 300,000. Similarly, Derrick Adams’ "Funtime Unicorns" at Rockefeller Center recently captivated over 1 million visitors during its two-month presentation. Additionally, the iconic "Prada Marfa" installation in Texas continues to welcome over 50,000 annual visitors, showcasing contemporary art's ability to draw public interest and extend participation in the arts.
Art Production Fund aims to reach new audiences, expanding awareness and appreciation of contemporary art through accessible and engaging installations. This dedication to public art not only enhances urban spaces but also fosters a sense of community and dialogue around artistic expression.
This information is meant to be a general summary of Art Production Fund 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: $19,857
- Program Service Revenue: $35,000
- Gross Receipts: $1,773,085
Assets and Liabilities:
- Total Assets: $1,431,704
- Total Liabilities: $135,903
- Net Assets: $1,295,801
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CURATORIAL FEES
Revenue
$35,000
Organization Details
Founding Year
2000
Phone
(212) 966-0193Principal Officer
Dan Tanzilli
Main Address
954 LEXINGTON AVE 2076, NEW YORK, NY, 10021
Website
www.artproductionfund.orgNTEE Category
Code: A40 - Arts
If you are a representative of Art Production Fund Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.