Overview
What is Misnomer Inc?
Misnomer Inc, located at 16 Micieli Place 1, Brooklyn, NY 11218, is a small nonprofit organization dedicated to innovation in the dance and audience engagement field. Their primary focus is on creating original dance and movement-based art, developing new audience engagement tools and methods, and exploring and implementing innovative models for the arts community. With a modest team of one individual, Misnomer Inc contributes to the arts scene throughout the year by producing projects that engage audiences in unique ways.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
Misnomer Inc has received a 56% score from Charity Navigator, indicating significant room for improvement in its accountability and financial practices. While the organization boasts a fully independent board and maintains a strong program expense ratio, it has notably struggled in areas such as financial statements and governance policies, which are critical for transparency and trust.
Strengths of Misnomer Inc include a majority of independent board members and solid documentation of board meeting minutes, which reflects a commitment to governance. However, the absence of comprehensive financial statements and a whistleblower policy highlights a lack of necessary safeguards that can protect the organization and its stakeholders.
Furthermore, the low score in the liabilities to assets ratio raises concerns about the financial stability of the organization. Overall, while Misnomer Inc shows promise through its governance structure, the deficiencies in financial reporting and accountability practices are significant limitations that potential supporters should consider.
This AI summary has been generated from information found on Charity Navigator.
Is Misnomer Inc legitimate?
Misnomer Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Misnomer 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: $98,004
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Misnomer Inc?
Misnomer Inc's mission is centered around the creation of original dance and movement-based art. They aim to innovate by developing new audience engagement tools and methods. Furthermore, the organization is committed to exploring and implementing groundbreaking models within the arts community. Their activities largely revolve around producing innovative dance-related projects and audience engagement initiatives throughout the year.
Who is the CEO of Misnomer Inc?
Chris Elam is the Artistic Direct/Ceo of Misnomer Inc. The CEO's salary of Misnomer Inc is $231,891 and their total compensation is $231,891.
What is the revenue of Misnomer Inc?
Misnomer Inc's revenue in 2022 was $661,251.
Who are the executives of Misnomer Inc and what are their salaries?
The average compensation at Misnomer Inc during 2022 was $98,004. There is 1 employee at Misnomer Inc.
Here are 4 key members and their salaries (Misnomer Inc's CEO's salary is $231,891 and their total compensation is $231,891):
- Compensation: $231,891
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Misnomer Inc?
Misnomer Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Misnomer Inc
Misnomer Inc, a prominent organization in the arts community, is dedicated to creating original dance and movement-based art. Their mission extends beyond mere production; they also strive to develop innovative tools and methods to engage audiences more effectively. Furthermore, Misnomer Inc explores and implements groundbreaking models to contribute positively to the broader arts community. Through various dance-related and audience engagement projects throughout the year, Misnomer Inc aims to push the boundaries of artistic expression and audience engagement, ultimately fostering a more vibrant and dynamic arts landscape.
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Impact
July, 2024
Misnomer Inc's impact lies in its innovative approach to creating original dance and movement-based art that pushes boundaries and challenges traditional norms within the arts community. By developing new tools and methods of audience engagement, Misnomer Inc strives to create immersive and interactive experiences that resonate with a diverse audience.
Through the exploration and implementation of innovative models for the arts community, Misnomer Inc is not only expanding the possibilities within the dance world but also inspiring new ways of thinking about how art can be experienced and appreciated. Based in Brooklyn, NY, Misnomer Inc is actively shaping the cultural landscape by fostering creativity, inclusivity, and experimentation in the arts.
Overall, Misnomer Inc's impact can be seen in its commitment to pushing artistic boundaries, fostering community engagement, and redefining the ways in which dance and movement-based art are experienced and received.
This information is meant to be a general summary of Misnomer 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.
- Program Service Revenue: $338,992
- Gross Receipts: $661,251
Assets and Liabilities:
- Total Assets: $369,669
- Total Liabilities: $772,292
- Net Assets: -$402,623
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$337,655
CASH BACK REWARDS, ETC
Revenue
$1,337
Organization Details
Founding Year
1998
Phone
(855) 647-6663Principal Officer
Chris Elam
Main Address
16 MICIELI PLACE 1, BROOKLYN, NY, 11218
NTEE Category
Code: A62 - Arts
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