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Topaz Arts Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 134137551 ✦ Woodside, NY ✦ Designated as a 501(c)(3)

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Overview

What is Topaz Arts Inc?

Topaz Arts Inc, based in Woodside, New York, is a nonprofit organization that supports the artistic community of New York City. With a 2,500 square feet multidisciplinary arts center, Topaz Arts offers affordable space for dance rehearsals, technical support, and showings, enabling artists to present their projects to diverse audiences. The visual arts program hosts exhibitions featuring new work by professional artists, providing a platform for experimentation and accessibility. Topaz Arts also engages in partnerships with leading arts institutions and artists, organizing residencies and performances to cultivate innovative contemporary works in dance, visual arts, literature, and collaborative arts. The organization's mission is to foster the creative process and encourage diverse artists, offering public programs for contemporary performing and visual arts.


Official website here: www.topazarts.org

Is Topaz Arts Inc legitimate?

Topaz Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Topaz Arts 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: $90,614
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.topazarts.org

What is the mission statement of Topaz Arts Inc?

Topaz Arts Inc fosters the creative process, encouraging the development of new works by diverse artists. They provide public programs for contemporary performing and visual arts, maintaining a multidisciplinary arts center that offers affordable space, technical support, residencies, and presentation opportunities. By doing so, Topaz Arts enables artists to realize their projects, allowing the audience to witness and engage with the creative process. This organization's mission is centered around supporting artists and promoting diverse artistic expressions, thereby enriching the cultural landscape.


Official website here: www.topazarts.org

Who is the CEO of Topaz Arts Inc?

Paz Tanjuaquio is the President of Topaz Arts Inc.


Official website here: www.topazarts.org

What is the revenue of Topaz Arts Inc?

Topaz Arts Inc's revenue in 2022 was $389,946.


Official website here: www.topazarts.org

Who are the executives of Topaz Arts Inc and what are their salaries?

The average compensation at Topaz Arts Inc during 2022 was $45,307. There are 2 employees at Topaz Arts Inc.


Here are 5 key members and their salaries:


Todd Richmond (President)
  • Compensation: $37,400
  • Related: $0
  • Other: $1,473
Paz Tanjuaquio (Vice President/Treasurer)
  • Compensation: $37,400
  • Related: $0
  • Other: $1,473
Michele Quinn (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luis Francia (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie Stanford (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.topazarts.org

Where can I find the form 990 for Topaz Arts Inc?

Topaz Arts Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.topazarts.org

Learn more at the official website: www.topazarts.org

Mission Statement of Topaz Arts Inc

Topaz Arts Inc, a nonprofit organization, is dedicated to fostering the creative process. It encourages the creation of new works by diverse artists and offers public programs for contemporary performing and visual arts. Topaz Arts Inc maintains a 2,500 square foot multidisciplinary arts center, equipped with a dance rehearsal studio and gallery. This center provides affordable space, technical support, residencies, and presentation opportunities, enabling artists to realize their projects and share the process with audiences. By offering these resources, Topaz Arts Inc plays a significant role in supporting and nurturing the artistic community.

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Impact




October, 2024

Topaz Arts Inc significantly enriches the cultural landscape of Woodside, Queens, by fostering the creative process for a diverse array of artists. The organization maintains a 2,500 square foot multidisciplinary arts center that includes a dance rehearsal studio and gallery, offering a vital resource for artists to bring their visions to life.

Through its comprehensive programming, Topaz Arts provides affordable space and essential technical support, enabling artists to focus on developing new works for public presentation. This commitment to accessibility supports nearly all facets of the artistic process, empowering both established and under-recognized artists to experiment and exhibit their work.

Topaz Arts' visual arts program spotlights contemporary exhibitions that heighten visibility and engage diverse audiences. The organization’s partnerships with other leading arts institutions enhance its impact, as collaborative residencies and performances cultivate innovative works across various disciplines, including dance, visual arts, and literature.

By serving as a nurturing ground for creativity, Topaz Arts Inc contributes to the vibrancy of the New York City artist community, creating opportunities for artistic expression and enriching the local cultural conversation.




This information is meant to be a general summary of Topaz Arts 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.

Revenue
$389,946 (2022)
Expenses
$149,916 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $90
  • Program Service Revenue: $4,312
  • Gross Receipts: $389,946

Assets and Liabilities:

  • Total Assets: $513,195
  • Total Liabilities: $871,029
  • Net Assets: -$357,834

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

HONORARIUM

Revenue

$3,017

SPACE RENTAL

Revenue

$1,295

Organization Details

Founding Year

2000

Principal Officer

Paz Tanjuaquio

Main Address

PO BOX 770150, WOODSIDE, NY, 113770150

NTEE Category

Code: B99 - Education

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