Overview
What is Ukrainian Institue Of Modern Art?
The Ukrainian Institute of Modern Art, located at 2320 West Chicago Avenue, Chicago, Illinois, is a vibrant nonprofit organization dedicated to preserving and showcasing contemporary art as a shared expression of the Ukrainian and American experiences. It serves as an educational art center, hosting exhibits, boasting a permanent art collection, and promoting literary events, musical concerts, and lectures. With a team of five dedicated individuals, this institute actively engages with the community, fostering a platform for cultural exchange and artistic exploration.
Official website here: www.uima-chicago.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)
The Ukrainian Institute of Modern Art has received a Three-Star rating from Charity Navigator, reflecting an overall score based entirely on its Accountability & Finance. With a score of 84%, the organization demonstrates a solid commitment to financial health and transparency, indicating that it effectively manages its resources to support its mission.
Strengths highlighted in the assessment include a fully independent board with eight out of eight points for board member independence, as well as strong fiscal oversight through an Audit and Oversight Committee, scoring a perfect fifteen out of fifteen points. The organization also maintains a favorable liability to assets ratio of 16.57%, which suggests financial stability.
However, the evaluation notes some gaps regarding governance policies, specifically the absence of a conflict of interest policy, whistleblower policy, and document retention guidelines, which received zero out of four points. While the organization exhibits strengths in financial accountability, addressing these governance issues could further enhance its operational credibility.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Ukrainian Institue Of Modern Art?
76% of 51 reviewers on Facebook recommend the Ukrainian Institute Of Modern Art. Here is a summary of their reviews:
Many patrons appreciate the beautiful setting and highlight the quality of programming and exhibits offered by the nonprofit. The overall sentiment reflects a favorable view of the art space, emphasizing enjoyable experiences during visits.
While the recommendation rate is moderate, those who are satisfied express that the institute effectively showcases modern art and provides a valuable cultural contribution.
This AI summary has been generated from reviews found on Facebook.
Is Ukrainian Institue Of Modern Art legitimate?
Ukrainian Institue Of Modern Art is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ukrainian Institue Of Modern Art 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: $136,757
For more financial information, click here
Official website here: www.uima-chicago.org
What is the mission statement of Ukrainian Institue Of Modern Art?
The Ukrainian Institute of Modern Art serves as an educational art center, preserving and showcasing contemporary art as a shared expression of both Ukrainian and American experiences. It features art exhibits, a permanent art collection, and hosts literary evenings, musical concerts, and lectures, aiming to promote cultural exchange and appreciation for artistic expressions.
Official website here: www.uima-chicago.org
Who is the CEO of Ukrainian Institue Of Modern Art?
Motria Melnyk is the Chairperson of Ukrainian Institue Of Modern Art.
Official website here: www.uima-chicago.org
What is the revenue of Ukrainian Institue Of Modern Art?
Ukrainian Institue Of Modern Art's revenue in 2022 was $588,513.
Official website here: www.uima-chicago.org
Who are the executives of Ukrainian Institue Of Modern Art and what are their salaries?
The average compensation at Ukrainian Institue Of Modern Art during 2022 was $27,351. There are 5 employees and 15 volunteers at Ukrainian Institue Of Modern Art.
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Official website here: www.uima-chicago.org
Where can I find the form 990 for Ukrainian Institue Of Modern Art?
Ukrainian Institue Of Modern Art's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uima-chicago.org
Learn more at the official website: www.uima-chicago.org
Mission Statement of Ukrainian Institue Of Modern Art
The Ukrainian Institute of Modern Art serves as a beacon in the realm of contemporary art, acting as a bridge that connects the Ukrainian and American experiences. As an educational art center, it is committed to preserving and showcasing art exhibits, boasting a permanent art collection, and hosting literary evenings, musical concerts, and lectures. By doing so, the institute seeks to promote a shared understanding and appreciation of contemporary art through these diverse mediums. The Ukrainian Institute of Modern Art plays a significant role in fostering a vibrant artistic community, fostering dialogue, and encouraging cultural exchange between Ukraine and the United States.
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Impact
July, 2024
The Ukrainian Institute of Modern Art in Chicago plays a significant role in preserving and promoting contemporary art as a shared expression of the Ukrainian and American experience. By serving the community as an educational art center, featuring art exhibits and a permanent art collection, the institute enriches cultural dialogue and fosters artistic understanding. Additionally, through the promotion of literary evenings, musical concerts, and lectures, the institute creates a space for interdisciplinary exchange and artistic exploration. Overall, the Ukrainian Institute of Modern Art's impact resonates in its commitment to celebrating and showcasing the rich cultural heritage and artistic innovation of both Ukraine and America.
This information is meant to be a general summary of Ukrainian Institue Of Modern Art. 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: $8,927
- Program Service Revenue: $17,871
- Gross Receipts: $610,060
Assets and Liabilities:
- Total Assets: $777,063
- Total Liabilities: $128,833
- Net Assets: $648,230
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GENERAL ADMISSION
Revenue
$13,887
CATALOGUES
Revenue
$3,756
KIOSK SALES
Revenue
$228
Organization Details
Founding Year
1971
Phone
(773) 227-5522Principal Officer
Motria Melnyk
Main Address
2320 WEST CHICAGO AVENUE, CHICAGO, IL, 60622
Website
www.uima-chicago.orgNTEE Category
Code: A20 - Arts
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