Overview
What is Newark Arts Council?
The Newark Arts Council, situated at 17 Academy Street No 702, Newark, New Jersey 07102, serves as a facilitator for artistic endeavors. It offers fiscal sponsorship to initiatives that align with its mission to invigorate the arts, thereby positively impacting the lives of Newark residents, workers, and visitors. Through pass-through grants, the organization extends its influence on artists and communities, contributing significantly to key projects such as the City of Newark's Creative Catalyst Fund, Four Corners Public Arts, YENDOR Arts, and numerous other entities. The Newark Arts Council's mission is to harness the power of the arts to transform lives within Newark. With a dedicated workforce of 8 individuals, the Council plays a crucial role in promoting artistic growth and enrichment in the community.
Official website here: www.newarkarts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 95% - Four-Star out of Four Star rating
The Newark Arts Council has achieved an impressive rating of 95% on Charity Navigator, reflecting its strong commitment to accountability and finance. The organization boasts a perfect score for having a fully independent board and demonstrates excellent oversight in its financial practices. Additionally, its program expense ratio is high at 84%, indicating a significant portion of funds is directed towards its mission-related activities.
The council's financial health is further showcased by a low liabilities to assets ratio of 8.81% and excellent fundraising efficiency. The organization effectively utilizes its resources, with a minimal cost of fundraising at $0.08 for every dollar raised, which is an indicator of its operational effectiveness. The presence of policies such as conflict of interest and whistleblower protections enhances its governance framework.
Despite its strengths, the Newark Arts Council has a culture and community score of 77, suggesting there may be areas for improvement in fostering inclusivity and engagement within the community it serves. Nevertheless, the overall financial and operational transparency, coupled with strong governance practices, positions the organization as a reliable entity in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Newark Arts Council legitimate?
Newark Arts Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newark Arts Council 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: $241,110
Professional Fundraising Fees: $0
Other Salaries and Wages: $330,985
For more financial information, click here
Official website here: www.newarkarts.org
What is the mission statement of Newark Arts Council?
The Newark Arts Council's mission is centered around utilizing the power of arts to positively impact the lives of individuals who reside in, work within, and visit various communities. Their goal is to serve as a catalyst for artistic transformation, leveraging their resources to sponsor programs that align with this mission. Through pass-through grants, they amplify their impact on artists and communities. Key initiatives include supporting the City of Newark's Creative Catalyst Fund, Four Corners Public Arts, Yendor Arts, and numerous other entities.
Official website here: www.newarkarts.org
Who is the CEO of Newark Arts Council?
Regina Barboza is the Executive Director of Newark Arts Council.
Official website here: www.newarkarts.org
What is the revenue of Newark Arts Council?
Newark Arts Council's revenue in 2021 was $2,660,381.
Official website here: www.newarkarts.org
Who are the executives of Newark Arts Council and what are their salaries?
The average compensation at Newark Arts Council during 2021 was $71,512. There are 8 employees and 10 volunteers at Newark Arts Council.
Here are 20 key members and their salaries:
- Compensation: $108,083
- Related: $0
- Other: $7,679
- Compensation: $109,609
- Related: $0
- Other: $8,018
- 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: $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
Official website here: www.newarkarts.org
Where can I find the form 990 for Newark Arts Council?
Newark Arts Council's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.newarkarts.org
Learn more at the official website: www.newarkarts.org
Mission Statement of Newark Arts Council
The Newark Arts Council, as a nonprofit organization, is committed to empowering individuals by harnessing the transformative power of the arts. Their mission is to positively impact the lives of those residing in, working in, and visiting Newark. To accomplish this, the council provides fiscal sponsorship to programs that align with their objective of promoting arts within the community. Through pass-through grants, they amplify their influence on artists and communities, making a significant impact. Key programs under their umbrella include the City of Newark's Creative Catalyst Fund, Four Corners Public Arts, and Yendor Arts, among numerous other entities. The Newark Arts Council plays a pivotal role in supporting arts initiatives and contributing to the cultural enrichment of its target audience.
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
Newark Arts Council significantly influences the cultural landscape of Newark by empowering the arts to enhance the lives of its residents, workers, and visitors. Through initiatives such as fiscal sponsorship and pass-through grants, they amplify the impact of various artistic programs and projects within the community.
Key programs like the City of Newark's Creative Catalyst Fund and Four Corners Public Arts foster creativity and engagement, enabling artists to thrive and enriching the community's cultural fabric. By supporting diverse entities and initiatives, Newark Arts Council plays a crucial role in transforming Newark into a vibrant hub of creativity and artistic expression. Their commitment to the arts not only brings beauty and excitement to the city but also cultivates a deeper sense of community and belonging among its inhabitants.
This information is meant to be a general summary of Newark Arts Council. 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 2021.
- Investment Income: $92
- Program Service Revenue: $128,217
- Gross Receipts: $2,660,381
Assets and Liabilities:
- Total Assets: $1,947,360
- Total Liabilities: $1,060,352
- Net Assets: $887,008
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.
GRANT MANAGEMENT FEE
Revenue
$128,217
Organization Details
Founding Year
1981
Phone
(973) 643-1625Principal Officer
Regina Barboza
Main Address
17 ACADEMY STREET NO 702, NEWARK, NJ, 07102
Website
www.newarkarts.orgNTEE Category
Code: A26 - Arts
If you are a representative of Newark Arts Council 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.