Overview
What is The Corporation Of Yaddo?
The Corporation of Yaddo is a distinguished nonprofit organization situated in Saratoga Springs, New York. Established at 312 Union Avenue, this esteemed institution supports and encourages artists in various disciplines, such as composers, filmmakers, performers, visual artists, and writers. Yaddo was recognized as a National Historic Landmark in 2013, acknowledging its substantial contributions to American culture and art. Their primary mission is to provide up to 300 annual residencies to a diverse group of selected individuals in the creative arts. Residents are offered complimentary meals, lodging, and working facilities, allowing them to focus on their creative pursuits in their chosen medium. Yaddo's historic estate serves as a sanctuary for these artists, fostering an environment conducive to artistic growth and development. With a staff of 42 individuals, Yaddo continues to uphold its commitment to the artistic community, promoting creativity and innovation.
Official website here: www.yaddo.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 91%, Four-Star out of Four Star rating.
The Corporation of Yaddo has achieved a strong 91% score in Accountability & Finance, highlighting its commitment to transparency and responsible financial management. Key strengths include a fully independent board and excellent oversight mechanisms, such as thorough audit practices. The organization has no material diversion of assets and adheres to proper policies regarding conflict of interest and document retention, demonstrating a high level of accountability.
However, user feedback from Great Nonprofits presents a contrasting perspective. A review indicates concerns regarding high administrative costs and perceived mismanagement, suggesting that the organization's focus may have shifted away from its core mission. This review highlights issues with top management's compensation and the impact it may have on resources allocated for supporting artists, indicating a potential disconnect between organizational practices and community expectations.
Overall, while The Corporation of Yaddo is recognized for its strong financial practices, external feedback raises important questions about its governance and the prioritization of funds, suggesting that potential donors should consider both ratings and user experiences when evaluating their support.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Corporation Of Yaddo legitimate?
The Corporation Of Yaddo is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Corporation Of Yaddo 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: $679,551
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,146,303
For more financial information, click here
Official website here: www.yaddo.org
What is the mission statement of The Corporation Of Yaddo?
The Corporation of Yaddo enables up to 300 artists annually to engage in a variety of creative pursuits across multiple disciplines by offering them ample time and a conducive environment to work. Located in the United States, Yaddo was designated as a National Historic Landmark in 2013, commemorating its significant contributions to American culture and art. The organization supports and encourages contemporary composers, filmmakers, performers, visual artists, and writers by providing them with residencies at its historic estate. During their stay, artists are offered meals, accommodation, and working facilities at no cost, allowing them to focus on their creative work in their preferred medium.
Official website here: www.yaddo.org
Who is the CEO of The Corporation Of Yaddo?
Elaina Richardson is the Director of The Corporation Of Yaddo.
Official website here: www.yaddo.org
What is the revenue of The Corporation Of Yaddo?
The Corporation Of Yaddo's revenue in 2022 was $3,869,899.
Official website here: www.yaddo.org
Who are the executives of The Corporation Of Yaddo and what are their salaries?
The average compensation at The Corporation Of Yaddo during 2022 was $43,473. There are 42 employees and 74 volunteers at The Corporation Of Yaddo.
Here are 22 key members and their salaries:
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- Other: $19,602
Official website here: www.yaddo.org
Where can I find the form 990 for The Corporation Of Yaddo?
The Corporation Of Yaddo's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.yaddo.org
Learn more at the official website: www.yaddo.org
Mission Statement of The Corporation Of Yaddo
The Corporation of Yaddo serves as a supportive environment for up to 300 artists annually, enabling them to engage in a variety of creative pursuits across multiple disciplines. By providing ample time and space, this esteemed organization facilitates artistic growth and development. Yaddo's legacy as a national historic landmark, recognized in 2013, underscores its significant contributions to American culture and art. Yaddo continues to foster and nurture contemporary composers, filmmakers, performers, visual artists, and writers, extending its reach to a diverse group of talented individuals in the creative arts. The organization, which owns an historic estate, offers up to 300 residencies to these chosen artists, providing them with meals, lodging, and working facilities at no cost. This generous offering empowers artists to focus on their creative work in their chosen medium, ultimately contributing to the enrichment of our cultural landscape.
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Impact
October, 2024
The Corporation of Yaddo significantly impacts the arts community by providing an essential haven for artists to create. With the capacity to host up to 300 artists annually, Yaddo facilitates the exploration of diverse creative endeavors across multiple disciplines, including music, film, visual arts, and literature.
By offering a supportive environment complete with lodging, meals, and workspaces at no cost, Yaddo enables artists to focus purely on their creative processes without the distractions of everyday life. This unique residency program fosters innovation and artistic growth, allowing individuals to deepen their craft and produce new works.
Yaddo's recognition as a National Historic Landmark in 2013 underscores its pivotal role in American culture and the arts, highlighting both its historical significance and its ongoing contributions to contemporary creative practices. The organization actively nurtures a vibrant community of artists, ensuring the continuation of artistic expression and collaboration that has profound implications for cultural development and enrichment.
This information is meant to be a general summary of The Corporation Of Yaddo. 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: $1,344,684
- Program Service Revenue: $47,119
- Gross Receipts: $29,699,939
Assets and Liabilities:
- Total Assets: $51,979,807
- Total Liabilities: $530,473
- Net Assets: $51,449,334
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APPLICATION FEES
Revenue
$35,984
GARDEN ASSOCIATION INCOME
Revenue
$7,097
MISCELLANEOUS INCOME
Revenue
$4,038
Organization Details
Founding Year
1900
Phone
(518) 584-0746Principal Officer
Elaina Richardson
Main Address
312 UNION AVENUE, SARATOGA SPRINGS, NY, 12866
Website
www.yaddo.orgNTEE Category
Code: A900 - Arts
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