Overview
What is Hatchery Arts?
Hatchery Arts, based in Sherman Oaks, California, is a nonprofit organization dedicated to promoting and celebrating the performing arts within the community. Primarily known for organizing the Hollywood Fringe Festival, one of the largest performing arts festivals in the U.S., Hatchery Arts provides a platform for undiscovered artists to showcase their work without fear of censorship. The festival's open-access policy ensures that any artist who registers can participate, and all revenue from ticket sales is returned to the performers. Beyond the festival, Hatchery Arts hosts workshops and community events throughout the year, fostering an environment for artists, producers, and arts enthusiasts to engage in significant topics in the performing arts. Additionally, the organization encourages collaboration and community building through digital and in-person productions. With a team of 17 dedicated individuals, Hatchery Arts is committed to nurturing and enriching the arts community in Los Angeles.
Official website here: www.hollywoodfringe.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating
Hatchery Arts has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The overall score is derived from a single beacon score, which reflects strong governance practices and financial health, essential for donor confidence.
The organization excels in several key areas, including having a fully independent board, effective conflict of interest and whistleblower policies, and comprehensive documentation of board meeting minutes. Additionally, their program expense ratio of 83.15% demonstrates a commitment to allocating resources toward their mission rather than administrative costs.
While the organization shows strengths in governance and financial transparency, the single beacon score suggests a limited scope of evaluation. Future assessments may benefit from incorporating additional metrics to provide a more rounded view of Hatchery Arts' impact and effectiveness beyond financial accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Hatchery Arts legitimate?
Hatchery Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hatchery Arts 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: $96,720
Professional Fundraising Fees: $0
Other Salaries and Wages: $86,574
For more financial information, click here
Official website here: www.hollywoodfringe.org
What is the mission statement of Hatchery Arts?
Hatchery Arts, known for organizing the Hollywood Fringe Festival, has a mission to cultivate a thriving community of artists in Los Angeles. Their primary goal is to celebrate, advance, and invigorate the performing arts. They achieve this by producing the annual Hollywood Fringe Festival, one of the largest performing arts events in the country, which is open to all artists without the risk of censorship. Revenue from ticket sales is returned to the artists. Throughout the year, Hatchery Arts conducts workshops for artists, producers, and arts enthusiasts on significant topics in the performing arts. They also host town halls and community events to support and nurture the Los Angeles arts-making community.
Official website here: www.hollywoodfringe.org
What is the revenue of Hatchery Arts?
Hatchery Arts's revenue in 2024 was $883,697.
Official website here: www.hollywoodfringe.org
Who are the executives of Hatchery Arts and what are their salaries?
The average compensation at Hatchery Arts during 2024 was $13,092. There are 14 employees and 30 volunteers at Hatchery Arts.
Here are 9 key members and their salaries:
- Compensation: $48,360
- Related: $0
- Other: $0
- Compensation: $48,360
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Compensation: $0
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- Other: $0
Official website here: www.hollywoodfringe.org
Where can I find the form 990 for Hatchery Arts?
Hatchery Arts's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.hollywoodfringe.org
Learn more at the official website: www.hollywoodfringe.org
Mission Statement of Hatchery Arts
Hatchery Arts, a prominent company behind the Hollywood Fringe Festival, has a singular mission: to cultivate and champion new and thought-provoking works by undiscovered artists for the benefit of the community. The mission of this organization extends beyond the annual festival, as it works tirelessly to foster a community of artists in Los Angeles, aiming to celebrate, advance, and enliven the performing arts. Hatchery Arts achieves this by producing the Hollywood Fringe Festival, one of the largest performing arts festivals in the nation, which is "open access," allowing anyone who registers to perform without the fear of censorship. Furthermore, all revenue generated from ticket sales is returned to the artists, ensuring they are fairly compensated for their work.
Throughout the year, Hatchery Arts also hosts workshops for artists, producers, and arts enthusiasts, focusing on significant topics in the performing arts. These workshops serve as valuable opportunities for artists to learn, grow, and connect with their peers. In addition to the workshops, Hatchery Arts organizes town halls and community events to nurture and strengthen the arts-making community in Los Angeles. By providing a platform for undiscovered talent and fostering a supportive environment for artists, Hatchery Arts plays a vital role in promoting the growth and success of the performing arts in Los Angeles.
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Impact
October, 2024
Hatchery Arts significantly enriches the cultural landscape of Los Angeles by serving as a platform for emerging and underrepresented artists. By producing the annual Hollywood Fringe Festival, one of the largest performing arts festivals in the country, it provides a unique opportunity for over 301 participant companies to showcase their work. This open-access model fosters an inclusive environment where any artist can present their projects without fear of censorship, allowing diverse voices to be heard.
In addition to the festival, Hatchery Arts supports artists year-round through workshops and community-building events that address crucial topics in the performing arts, from digital production to marketing strategies. This commitment to education and collaboration nurtures the local arts community, equipping artists and producers with the tools they need to succeed.
By prioritizing artist reimbursements for ticket sales, Hatchery Arts ensures that creators are financially supported, helping to sustain their livelihoods and encourage further artistic exploration. The organization’s initiatives not only celebrate artistic expression but also contribute to a vibrant community of performing arts enthusiasts in Sherman Oaks and beyond, ultimately elevating the entire ecosystem of the arts in Los Angeles.
This information is meant to be a general summary of Hatchery Arts. 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 2024.
- Investment Income: $874
- Program Service Revenue: $751,512
- Gross Receipts: $902,769
Assets and Liabilities:
- Total Assets: $333,500
- Total Liabilities: $79,849
- Net Assets: $253,651
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$508,906
SERVICE FEES
Revenue
$104,212
REGISTRATION
Revenue
$101,372
ADVERTISING
Revenue
$37,022
Organization Details
Founding Year
2008
Principal Officer
Ellen Den Herder
Website
www.hollywoodfringe.orgNTEE Category
Code: A60 - Arts
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