Overview
What is Cny Arts Inc?
Cny Arts Inc, based in Syracuse, New York, serves as the administrator of Onondaga County's grant program for local arts and cultural organizations. As a nonprofit, their mission lies in promoting, fostering, and celebrating the rich arts and cultural scene in Central New York. Through this initiative, they provide vital support to various artistic endeavors and organizations within the region.
Official website here: www.cnyarts.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% (Three-Star out of Four Star rating)
Cny Arts Inc has received a Three-Star rating from Charity Navigator, reflecting a solid commitment to accountability and finance. The charity scored 81%, with its performance primarily derived from a single beacon score. This score indicates that the organization has established robust financial practices, as evidenced by their high ratings in key areas such as an independent board composition and effective conflict of interest policies.
The organization boasts a fully independent board, with all 20 members meeting this criterion. Additionally, Cny Arts Inc has demonstrated exemplary financial management, as shown by a low liabilities to assets ratio of 47.07% and a high program expense ratio of 95.82%. This suggests that the majority of their funds are directed towards their programs rather than administrative costs, indicating efficiency and focus on their mission.
There are no significant limitations noted in the available data, and the charity appears to have implemented comprehensive policies for governance and financial management. Overall, Cny Arts Inc shows strong dedication to transparency and responsible stewardship of its resources.
This AI summary has been generated from information found on Charity Navigator.
Is Cny Arts Inc legitimate?
Cny Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cny 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $354,778
For more financial information, click here
Official website here: www.cnyarts.org
What is the mission statement of Cny Arts Inc?
CNY Arts Inc, as an organization, is dedicated to promoting, fostering, and celebrating the arts and culture scene in Central New York. Their mission involves providing support and recognition to local arts and cultural organizations through various means, including administering the Onondaga County grant program. This commitment is aimed at enriching the cultural landscape and fostering a sense of community in the region.
Official website here: www.cnyarts.org
Who is the CEO of Cny Arts Inc?
Stephen Butler is the President of Cny Arts Inc.
Official website here: www.cnyarts.org
What is the revenue of Cny Arts Inc?
Cny Arts Inc's revenue in 2023 was $5,614,573.
Official website here: www.cnyarts.org
Who are the executives of Cny Arts Inc and what are their salaries?
Here are 5 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: $102,740
- Related: $0
- Other: $0
Official website here: www.cnyarts.org
Where can I find the form 990 for Cny Arts Inc?
Cny Arts Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cnyarts.org
Learn more at the official website: www.cnyarts.org
Mission Statement of Cny Arts Inc
CNY Arts Inc, a nonprofit organization, is dedicated to fostering and advocating for arts and culture in Central New York. Its mission is multifaceted, encompassing the promotion, support, and celebration of these creative pursuits within the region. By fulfilling this mission, CNY Arts Inc seeks to enrich the lives of its community members and contribute to a culturally vibrant environment.
To achieve its objectives, CNY Arts Inc plays a crucial role in administering the Onondaga County grant program for local arts and cultural organizations. This initiative enables the nonprofit to provide financial assistance and resources to various entities within the arts sector, thereby empowering them to thrive and contribute to the region's rich artistic landscape. By promoting and supporting these organizations, CNY Arts Inc not only nurtures the growth of the arts community but also ensures that Central New York remains a destination for cultural experiences and artistic expression.
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
CNY Arts Inc plays a vital role in enhancing the cultural landscape of Central New York by promoting, supporting, and celebrating the arts. Through its initiatives, the organization administers the Onondaga County grant program, providing crucial funding to local arts and cultural organizations. This support not only strengthens the artistic community but also fosters creativity, engagement, and a vibrant cultural environment in the region. By championing the arts, CNY Arts Inc contributes to the enrichment of community life, economic development, and the overall well-being of the population in Syracuse and beyond.
This information is meant to be a general summary of Cny 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $135,615
- Program Service Revenue: $96,260
- Gross Receipts: $5,614,573
Assets and Liabilities:
- Total Assets: $2,290,782
- Total Liabilities: $1,078,280
- Net Assets: $1,212,502
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.
Admission/registration
Revenue
$52,943
Admin revenue
Revenue
$43,317
Organization Details
Founding Year
1957
Phone
(315) 435-2125Principal Officer
Stephen Butler
Main Address
421 Montgomery Street, Syracuse, NY, 13202
Website
www.cnyarts.orgNTEE Category
Code: A260 - Arts
If you are a representative of Cny Arts 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.