Overview
What is The National Arts Club?
The National Arts Club is a renowned nonprofit organization, established at the turn of the 20th century with the aim of stimulating, fostering, and promoting interest in the fine arts. Inspired by the art/literary critic of The New York Times, Charles Dekay, this club serves to educate the American public about the arts. The organization achieves this through its 15 arts and education program committees, which sponsor various initiatives to stimulate public interest and educate individuals in the fine arts. These committees design and execute club programs that cater to diverse aspects of the arts, thereby promoting their wider appreciation among the American people.
Official website here: www.nationalartsclub.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 51% (One-Star out of Four Stars)
The National Arts Club has received a One-Star rating from Charity Navigator, primarily due to its low Accountability & Finance Score of 45. While the organization demonstrates strong leadership with a perfect score in that category, the financial metrics indicate significant areas of concern, particularly in program spending and fundraising efficiency. The club's mission focuses on promoting interest in the arts and educating the public, which aligns with their vision of being a prominent home for the arts in the nation.
Strengths of The National Arts Club include a fully independent board and robust governance practices, with excellent scores in aspects like conflict of interest policy and document retention. The organization has no noted material diversion of assets, which suggests effective oversight and integrity in financial management. However, despite these positive governance practices, the financial health of the organization is worrying, as indicated by its low program expense ratio and fundraising efficiency.
Limitations noted in the data highlight the need for improvement in financial management practices. The club's low program expense ratio of 14.59% implies that a minimal portion of its budget is directed towards fulfilling its mission. Additionally, the fundraising efficiency is extremely low, with just $0.03 raised for every dollar spent on fundraising efforts. These financial challenges could hinder the organization's ability to achieve its vision and serve the community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is The National Arts Club legitimate?
The National Arts Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. The National Arts Club 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: $241,284
Professional Fundraising Fees: $0
Other Salaries and Wages: $904,774
For more financial information, click here
Official website here: www.nationalartsclub.org
What is the mission statement of The National Arts Club?
The National Arts Club, established in the early 20th century, has a mission to stimulate, foster, and promote interest in the arts among the American public. This mission is accomplished through various means, including hosting 15 arts and education program committees that sponsor programs aimed at fostering public interest in the arts and educating the public about fine arts. The club's activities are designed to stimulate creativity and appreciation for the arts in the American populace.
Official website here: www.nationalartsclub.org
What is the revenue of The National Arts Club?
The National Arts Club's revenue in 2023 was $4,059,771.
Official website here: www.nationalartsclub.org
Who are the executives of The National Arts Club and what are their salaries?
The average compensation at The National Arts Club during 2023 was $11,576. There are 99 employees and 35 volunteers at The National Arts Club.
Here are 26 key members and their salaries:
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Official website here: www.nationalartsclub.org
Where can I find the form 990 for The National Arts Club?
The National Arts Club's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nationalartsclub.org
Learn more at the official website: www.nationalartsclub.org
Mission Statement of The National Arts Club
The National Arts Club, established in the early 20th century with the vision of New York Times art and literary critic Charles Dekay, is dedicated to stimulating, fostering, and promoting interest in the arts. This esteemed organization serves to educate the American public in the realm of fine arts. To accomplish this mission, The National Arts Club sponsors a series of 15 arts and education program committees. These committees design and implement various club programs aimed at stimulating, fostering, and promoting public interest in the arts, while simultaneously educating the American people about the finer aspects of art. By doing so, The National Arts Club plays a significant role in enriching the cultural landscape of the nation.
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Impact
October, 2024
The National Arts Club plays a vital role in enriching the cultural landscape by stimulating and promoting interest in the arts. Through its diverse array of programs, it fosters public engagement and education in the fine arts, ensuring that creativity and artistic expression remain integral to the American experience. Established in the early 20th century with the vision of art critic Charles Dekay, the club serves as a hub for artists, scholars, and enthusiasts alike.
By hosting 15 specialized arts and education program committees, the National Arts Club curates a range of events that invite public participation and learning. These initiatives not only enhance appreciation for various artistic forms but also support artists in their endeavors, contributing significantly to the community's cultural vitality. The impact of the club extends beyond its walls, inspiring individuals to explore and engage with the arts on deeper levels, thereby fostering a more informed and enriched society.
This information is meant to be a general summary of The National Arts Club. 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 2023.
- Investment Income: $58,575
- Program Service Revenue: $15,260
- Gross Receipts: $10,033,819
Assets and Liabilities:
- Total Assets: $12,804,367
- Total Liabilities: $1,926,739
- Net Assets: $10,877,628
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMITTEE FUNCTIONS
Revenue
$15,260
Organization Details
Founding Year
1898
Principal Officer
Alyson Stone
Website
www.nationalartsclub.orgNTEE Category
Code: A03 - Arts
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