Overview
What is The Peace Studio?
The Peace Studio is a nonprofit organization situated in New York City, specifically at 19 WEST 21ST STREET 501, New York, NY 10010. Their primary mission is to empower artists and journalists who strive to foster hope and spark transformative social change. They achieve this by fostering self-reflection, organizing educational intensives and summits, awarding recognition, providing fellowships and micro-grants, and creating content that highlights humanity's best qualities. As a fiscal sponsor, they supported Silver Lining's Impact 5X Project, which aims to help small businesses, including entrepreneurial artists, by offering them access to the same resources as their more privileged counterparts. The Peace Studio is dedicated to resourcing underserved artists and journalists working to impact their local communities.
Official website here: www.thepeacestudio.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
The Peace Studio has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and financial management, along with a commendable focus on culture and community. With a score of 99 in Accountability & Finance, the organization demonstrates a robust governance structure, featuring a fully independent board and transparent financial practices. The organization maintains a low liabilities-to-assets ratio of 3.13%, indicating strong financial health.
In addition to its financial strengths, The Peace Studio excels in its relationships with constituents, highlighted by a perfect score of 100 for feedback collection and usage. This suggests that the organization actively engages with and values input from those it serves, further enhancing its community impact. The Culture & Community score of 87 underscores its commitment to fostering an inclusive environment.
While The Peace Studio shows a solid commitment to equity strategies with a score of 81, there is always room for improvement in this area. Overall, the organization appears to be well-managed and dedicated to its mission, making it a responsible choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is The Peace Studio legitimate?
The Peace Studio is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Peace Studio 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: $100,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.thepeacestudio.org
What is the mission statement of The Peace Studio?
The Peace Studio's mission is to cultivate artists and journalists who strive to instill hope and spark transformative social change. They achieve this by fostering self-reflection, organizing educational intensives and summits, granting awards, funding fellowships and micro-grants, and producing content that highlights human kindness. By doing so, they aim to empower these individuals to make a meaningful impact in their communities. The Peace Studio also serves as a fiscal sponsor for programs that support underserved artists and entrepreneurs, helping them access resources and redefine the entrepreneurial narrative to foster inclusivity and combat prejudice.
Official website here: www.thepeacestudio.org
What is the revenue of The Peace Studio?
The Peace Studio's revenue in 2023 was $716,726.
Official website here: www.thepeacestudio.org
Who are the executives of The Peace Studio and what are their salaries?
The average compensation at The Peace Studio during 2023 was $33,333. There are 3 employees and 18 volunteers at The Peace Studio.
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- Compensation: $100,000
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Official website here: www.thepeacestudio.org
Where can I find the form 990 for The Peace Studio?
The Peace Studio's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thepeacestudio.org
Learn more at the official website: www.thepeacestudio.org
Mission Statement of The Peace Studio
The Peace Studio, a nonprofit organization, is dedicated to nurturing artists and journalists who strive to instill hope and catalyze transformative social change. They achieve this mission by fostering self-reflection, organizing educational intensives and summits, bestowing awards, funding fellowships and micro-grants, and creating content that highlights human kindness and resilience. By encouraging personal growth and providing resources, The Peace Studio empowers these individuals to make a meaningful impact in their communities.
In line with their mission, The Peace Studio also serves as a fiscal sponsor for initiatives that align with their values. One such program is Silver Lining's Impact 5X Project, which helps small businesses, including entrepreneurial artists, succeed by granting them access to the same resources as their more privileged counterparts. Through community-specific programming and reframing the entrepreneurial narrative, this project combats prejudice, opens hearts and minds, and mobilizes all stakeholders to contribute to positive change. In this way, The Peace Studio supports underprivileged artists and journalists in making a difference in their local communities.
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Impact
July, 2024
The Peace Studio's impact is profound as it develops artists and journalists dedicated to inspiring hope and driving transformative social change. Through self-reflection, educational initiatives, summits, awards, fellowships, micro-grants, and impactful content creation, The Peace Studio nurtures a community of changemakers who embody the best of humanity. By supporting underserved artists and journalists in their efforts to make a difference in their local communities, The Peace Studio plays a crucial role in amplifying voices, combating prejudice, and mobilizing all stakeholders to contribute to a more inclusive and compassionate society.
This information is meant to be a general summary of The Peace Studio. 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: $112
- Gross Receipts: $716,726
Assets and Liabilities:
- Total Assets: $236,471
- Total Liabilities: $7,415
- Net Assets: $229,056
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Organization Details
Founding Year
2007
Principal Officer
Michael Skoler
Website
www.thepeacestudio.orgNTEE Category
Code: A30 - Arts
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