Overview
What is The Center For Art In Wood Inc?
The Center for Art in Wood Inc., also known as the Museum for Art in Wood, is a nonprofit organization based in Philadelphia, Pennsylvania. Established in 1986, its primary focus is exhibiting contemporary art crafted from wood. Over the years, they have showcased over 100 exhibitions, featuring both established and emerging artists, which have contributed significantly to the prominence of art in wood within the broader arts and culture sphere. Among these exhibitions, twelve have toured various museums and locations across the United States. Furthermore, The Center for Art in Wood has published over 25 comprehensive catalogues detailing various aspects of wood art and the artists themselves. Their mission is to engage, educate, and inspire the public through the exhibition, collection, and interpretation of contemporary art in wood. The organization currently employs 14 individuals.
Official website here: www.museumforartinwood.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
The Center For Art In Wood Inc has achieved an 85% rating from Charity Navigator, reflecting a solid level of accountability and financial health. This score is primarily derived from its excellent performance in the Accountability & Finance category, where it scored 85 out of a possible 100. The organization boasts a fully independent board, with all 10 members free of conflicts of interest, and it has strong audit practices in place.
Strengths include its effective governance policies, such as a whistleblower policy and conflict of interest policy, both of which contribute to transparency and accountability. The financial statements are carefully audited, with no reported diversion of assets, and the organization demonstrates a favorable liabilities to assets ratio of only 0.27%. Additionally, a significant portion of its expenses (60.86%) is directed towards its programs, indicating a commitment to its mission.
However, the program expense ratio received a moderate score, suggesting that there may be room for improvement in how funds are allocated towards programmatic efforts. Overall, while The Center For Art In Wood Inc has established itself as a reliable organization, continuous efforts in optimizing program funding could enhance its overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is The Center For Art In Wood Inc legitimate?
The Center For Art In Wood Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Center For Art In Wood 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: $118,703
Professional Fundraising Fees: $0
Other Salaries and Wages: $320,665
For more financial information, click here
Official website here: www.museumforartinwood.org
What is the mission statement of The Center For Art In Wood Inc?
The Center for Art in Wood Inc's mission is centered around engaging, educating, and inspiring the public through the exhibition, collection, and interpretation of contemporary art made from wood. Their primary focus is on showcasing both established and emerging artists, pushing the boundaries of art in wood within the broader arts and culture sphere. Since its establishment in 1986, the center has organized over 100 exhibitions, showcasing creativity and craftsmanship, with twelve of these traveling exhibitions touring museums and locations across the United States. Furthermore, they have published over 25 major catalogues on various aspects of wood art and the artists involved.
Official website here: www.museumforartinwood.org
What is the revenue of The Center For Art In Wood Inc?
The Center For Art In Wood Inc's revenue in 2023 was $733,765.
Official website here: www.museumforartinwood.org
Who are the executives of The Center For Art In Wood Inc and what are their salaries?
The average compensation at The Center For Art In Wood Inc during 2023 was $29,291. There are 15 employees and 12 volunteers at The Center For Art In Wood Inc.
Here are 9 key members and their salaries:
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- Compensation: $107,400
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- Other: $11,303
Official website here: www.museumforartinwood.org
Where can I find the form 990 for The Center For Art In Wood Inc?
The Center For Art In Wood Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.museumforartinwood.org
Learn more at the official website: www.museumforartinwood.org
Mission Statement of The Center For Art In Wood Inc
The Center for Art in Wood, as an organization, is dedicated to engaging, educating, and inspiring the public through the exhibition, collection, and interpretation of contemporary art in wood. Their mission is to bring the field of art in wood to the forefront of arts and culture by showcasing the creativity and craftsmanship of established and emerging artists. Since its inception in 1986, The Center for Art in Wood has organized over 100 exhibitions, dozen of which have toured to museums and across the United States. They have also published over 25 major catalogues on various aspects of wood art and the artists associated with it. These endeavors have significantly contributed to the recognition and appreciation of art in wood, engaging and educating a wide audience in the process.
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Impact
October, 2024
The Center for Art in Wood Inc significantly enriches the cultural landscape by engaging, educating, and inspiring the public through the exhibition, collection, and interpretation of contemporary art in wood. Since 1986, it has positioned itself at the forefront of the arts and culture sector by presenting over 100 exhibitions that highlight the creativity and craftsmanship of both established and emerging artists.
This dedication to showcasing wood art has not only elevated the profile of this medium but also facilitated a greater appreciation for its artistic potential. Many of its exhibitions have toured various museums across the United States, further broadening audience exposure. In addition to its exhibitions, the Center has published over 25 major catalogues that delve into different facets of wood art and the artists behind the creations, contributing to a deeper understanding of this unique art form.
Through these efforts, The Center for Art in Wood Inc has established itself as a key player in promoting and preserving the artistry associated with wood, inspiring future generations and fostering a vibrant community around this expressive medium.
This information is meant to be a general summary of The Center For Art In Wood 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: $466,102
- Program Service Revenue: $1,000
- Gross Receipts: $3,083,987
Assets and Liabilities:
- Total Assets: $14,887,259
- Total Liabilities: $40,770
- Net Assets: $14,846,489
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EXHIBITION PARTICIPATION
Revenue
$1,000
Organization Details
Founding Year
1986
Principal Officer
Patricia Fowler
Website
www.museumforartinwood.orgNTEE Category
Code: A40 - Arts
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