Overview
What is Providence Cityarts For Youth Inc?
Providence Cityarts For Youth Inc is a nonprofit organization situated in Providence, Rhode Island, with a specific focus on serving at-risk urban youth. Based at 891 Broad Street, the organization's mission revolves around fostering an engaging environment that nurtures and stimulates the artistic growth of local youth hailing from diverse cultural backgrounds. With a workforce of just four individuals, Providence Cityarts For Youth Inc offers a range of programs, including afterschool, summer, and day residential artist initiatives, to cater to the artistic talents of these youth. Through these initiatives, the organization aims to empower and uplift the youth in its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating
Providence Cityarts for Youth Inc has achieved a commendable Three-Star rating from Charity Navigator, reflecting a robust score of 87%. This rating is primarily based on the organization’s accountability and finance, indicating that it operates with a high level of transparency and responsibility in managing resources. The fiscal year data from FY2022 shows that the organization has maintained excellent practices in governance, including a fully independent board and well-documented policies.
The organization boasts a perfect score in key areas such as having a majority of independent board members, maintaining a low liabilities-to-assets ratio of 0.09%, and a strong program expense ratio of 75.73%. These metrics suggest that Providence Cityarts for Youth is effective in directing resources towards its programs and minimizing financial risks, which is indicative of sound financial health.
However, while the organization scores well in accountability and finance, the overall rating is solely based on this single beacon score. Potential donors may want to consider additional factors, such as program impact and community feedback, to gain a comprehensive view of the organization’s effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Providence Cityarts For Youth Inc legitimate?
Providence Cityarts For Youth Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Providence Cityarts For Youth 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: $32,269
Professional Fundraising Fees: $0
Other Salaries and Wages: $74,238
For more financial information, click here
What is the mission statement of Providence Cityarts For Youth Inc?
Providence Cityarts For Youth Inc's mission is centered around fostering an atmosphere that encourages the artistic growth and talent development of youth residing in diverse communities. By offering afterschool, summer, and residential programs, this organization aims to empower at-risk urban youth, providing them with a platform to express and hone their artistic skills.
Who is the CEO of Providence Cityarts For Youth Inc?
Christina Alderman is the President of Providence Cityarts For Youth Inc.
What is the revenue of Providence Cityarts For Youth Inc?
Providence Cityarts For Youth Inc's revenue in 2022 was $161,118.
Who are the executives of Providence Cityarts For Youth Inc and what are their salaries?
The average compensation at Providence Cityarts For Youth Inc during 2022 was $26,627. There are 4 employees at Providence Cityarts For Youth Inc.
Here are 7 key members and their salaries:
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- Compensation: $48,317
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- Other: $4,673
Where can I find the form 990 for Providence Cityarts For Youth Inc?
Providence Cityarts For Youth Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Providence Cityarts For Youth Inc
Providence Cityarts For Youth Inc is dedicated to fostering an inspiring environment where young individuals from diverse cultural backgrounds in Providence, Rhode Island, can explore and cultivate their artistic talents. The organization's mission is centered around providing opportunities for at-risk urban youth to develop their artistic abilities, encouraging creativity and personal growth. Through afterschool, summer, and day artistic residency programs, Providence Cityarts For Youth Inc offers a supportive platform for these young individuals to express themselves and uncover their artistic potential.
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Impact
October, 2024
Providence Cityarts For Youth Inc significantly impacts the lives of young people in the multicultural neighborhoods of Providence, Rhode Island, by fostering artistic talents and creativity. Through afterschool, summer, and day residency programs, the organization creates a safe and nurturing environment where at-risk urban youth can explore their artistic potential. This engagement not only enhances their artistic skills but also boosts their self-esteem and confidence, promoting personal growth.
By prioritizing the unique cultural backgrounds of the participants, the programs encourage self-expression and appreciation for diversity. The collaborative art experiences help build community, enabling youth to connect with peers, mentors, and the broader community, fostering a sense of belonging. Overall, Providence Cityarts For Youth Inc plays a crucial role in empowering young people, setting them on a path to successful futures while enriching the cultural fabric of their neighborhoods.
This information is meant to be a general summary of Providence Cityarts For Youth 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 2022.
- Investment Income: $172
- Program Service Revenue: $6,407
- Gross Receipts: $161,118
Assets and Liabilities:
- Total Assets: $642,691
- Total Liabilities: $625
- Net Assets: $642,066
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Contracted services
Revenue
$6,407
Organization Details
Founding Year
1993
Phone
(401) 365-5136Principal Officer
Christina Alderman
Main Address
891 Broad Street, Providence, RI, 02907
NTEE Category
Code: O200 - Youth development
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