Overview
What is Avenue Of The Arts Inc?
Avenue of the Arts Inc is a dedicated nonprofit organization based in an unspecified location. Their primary focus is advocating for the interests of their stakeholders, including strategic planning, marketing, and place-making, all aimed at promoting the economic and cultural vitality of the renowned Avenue of the Arts. Through their initiatives, they work on enhancing and maintaining the street's aesthetics, organizing marketing campaigns, and hosting special events. This holistic approach helps uphold the vibrancy and significance of this distinguished street.
Official website here: www.avenueofthearts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
Avenue Of The Arts Inc has received a rating of 85%, indicating a solid performance in accountability and finance. The charity's score is based solely on its accountability and finance metrics, which reflect a commitment to transparency and effective financial management. The organization has successfully maintained a fully independent board, which is vital for governance and oversight.
Strengths highlighted in this evaluation include high scores for various aspects of financial management and governance practices, such as having a whistleblower policy and a conflict of interest policy in place. Additionally, the organization has demonstrated effective program expense management, with an impressive ratio indicating that a significant portion of its resources is directed toward its charitable programs.
However, while Avenue Of The Arts Inc excels in many areas, there is a noted concern regarding the liabilities to assets ratio, which did not meet the expected threshold. This could suggest potential financial risk, indicating that while the organization is performing well in many aspects of accountability, care should be taken to monitor its financial health in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Avenue Of The Arts Inc legitimate?
Avenue Of The Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Avenue Of The 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: $122,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $57,382
For more financial information, click here
Official website here: www.avenueofthearts.org
What is the mission statement of Avenue Of The Arts Inc?
Avenue of the Arts Inc's primary mission is centered around advocating for the interests of its stakeholders. This encompasses a range of issues, from strategic planning to marketing and place-making, all with the aim of enhancing the economic and cultural vitality of the street. The organization's mission is carried out by supporting various initiatives, such as maintaining and enhancing streetscapes, organizing marketing campaigns, and hosting special events. These activities aim to foster a thriving environment for the community and contribute to the overall success of the street.
Official website here: www.avenueofthearts.org
What is the revenue of Avenue Of The Arts Inc?
Avenue Of The Arts Inc's revenue in 2023 was $907,477.
Official website here: www.avenueofthearts.org
Who are the executives of Avenue Of The Arts Inc and what are their salaries?
The average compensation at Avenue Of The Arts Inc during 2023 was $59,927. There are 3 employees at Avenue Of The Arts Inc.
Here are 19 key members and their salaries:
- Compensation: $122,400
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Official website here: www.avenueofthearts.org
Where can I find the form 990 for Avenue Of The Arts Inc?
Avenue Of The Arts Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.avenueofthearts.org
Learn more at the official website: www.avenueofthearts.org
Mission Statement of Avenue Of The Arts Inc
Avenue of the Arts Inc is dedicated to advocating for the interests of its stakeholders in various aspects, such as strategic planning, marketing, and place-making. The organization's primary mission is to contribute to the economic and cultural vitality of this renowned street. To achieve this, Avenue of the Arts Inc engages in activities that enhance and maintain the streetscapes, organizes marketing campaigns, and hosts special events. By doing so, the nonprofit aims to foster a thriving and vibrant atmosphere on the Avenue of the Arts, ensuring the well-being of its stakeholders and preserving its unique character.
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Impact
October, 2024
Avenue Of The Arts Inc plays a crucial role in enhancing the economic and cultural vitality of Philadelphia's Avenue of the Arts. By advocating for stakeholders, the organization addresses important issues related to strategic planning, marketing, and place-making.
The impact of Avenue Of The Arts Inc is evident through its efforts to improve and maintain the streetscapes, making the area more appealing to residents, visitors, and businesses alike. Their marketing campaigns help to elevate the profile of the Avenue, attracting more foot traffic and promoting local artists and cultural events. Special events organized by the organization also foster community engagement and celebrate the arts, contributing to a vibrant cultural scene.
Overall, Avenue Of The Arts Inc serves as a vital advocate for the interests of its stakeholders, ensuring that the Avenue remains a hub of artistic and cultural expression while supporting local economic growth.
This information is meant to be a general summary of Avenue Of The 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: $6,335
- Program Service Revenue: $9,055
- Gross Receipts: $999,891
Assets and Liabilities:
- Total Assets: $1,012,654
- Total Liabilities: $758,733
- Net Assets: $253,921
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FRIENDS EVENTS
Revenue
$9,055
Organization Details
Founding Year
1992
Principal Officer
Madeline Apollo
Website
www.avenueofthearts.orgNTEE Category
Code: A260 - Arts
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