Overview
What is Artprize Grand Rapids?
ArtPrize Grand Rapids is a distinguished nonprofit organization based in Grand Rapids, Michigan. With a strong focus on contemporary art, ArtPrize annually hosts an open citywide event, inviting over 700 artists to showcase their work at various venues. The event's primary goal is to foster critical discourse, celebrate artists, and revitalize urban spaces, ultimately promoting cultural understanding within the community. ArtPrize's activities have a significant impact, as evidenced by the 2022 event which welcomed approximately 750,000 visitors and contributed $34.6 million to the local economy, supporting 318 jobs. ArtPrize's initiatives directly benefit artists, awarding them grants and prizes totaling nearly $450,000. The organization, currently employing 15 individuals, plays a vital role in Grand Rapids' cultural landscape.
Official website here: www.artprize.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (74%, Two-Star out of Four Star rating)
Artprize Grand Rapids has received a two-star rating from Charity Navigator, indicating areas needing attention despite a strong accountability and finance score of 100%. The organization benefits from a high percentage of independent board members, which reflects good governance practices. However, the lack of financial statements has significantly impacted its overall rating, highlighting transparency issues.
The organization demonstrates responsible asset management with no material diversions reported and maintains a reasonable liabilities to assets ratio of 0.56%. Additionally, it has established policies for conflict of interest and document retention, contributing positively to its governance framework. Yet, the absence of a whistleblower policy raises concerns about internal accountability.
While Artprize Grand Rapids exhibits strong program expense ratios, dedicating over two-thirds of its expenses towards programs, the missing financial documentation limits the public’s ability to fully assess its fiscal health. Addressing these gaps could enhance its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Artprize Grand Rapids legitimate?
Artprize Grand Rapids is a legitimate nonprofit organization registered as a 501(c)(3) entity. Artprize Grand Rapids 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: $233,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $345,765
For more financial information, click here
Official website here: www.artprize.org
What is the mission statement of Artprize Grand Rapids?
Artprize Grand Rapids' mission is to create immersive, citywide contemporary art experiences that foster critical dialogue, honor artists, revitalize urban spaces, and promote cultural understanding. By organizing such events, Artprize encourages active engagement with art, celebrates the artistic community, and contributes to the cultural enrichment of its audience. The organization provides a platform for artists to showcase their work and receives significant financial support through grants and prizes, which directly benefits the artists involved. Artprize also serves as a significant economic stimulator, attracting a large number of visitors and contributing substantially to the local economy.
Official website here: www.artprize.org
Who is the CEO of Artprize Grand Rapids?
Daryn Kuipers is the Executive Director of Artprize Grand Rapids.
Official website here: www.artprize.org
What is the revenue of Artprize Grand Rapids?
Artprize Grand Rapids's revenue in 2022 was $1,940,249.
Official website here: www.artprize.org
Who are the executives of Artprize Grand Rapids and what are their salaries?
The average compensation at Artprize Grand Rapids during 2022 was $38,591. There are 15 employees and 253 volunteers at Artprize Grand Rapids.
Here are 11 key members and their salaries:
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Official website here: www.artprize.org
Where can I find the form 990 for Artprize Grand Rapids?
Artprize Grand Rapids's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.artprize.org
Learn more at the official website: www.artprize.org
Mission Statement of Artprize Grand Rapids
ArtPrize Grand Rapids, as a nonprofit organization, is dedicated to creating open, citywide contemporary art experiences. Its mission is to foster critical dialogue, honor artists, revitalize urban spaces, and promote cultural comprehension. By organizing such events, ArtPrize encourages active engagement with art, celebrates artistic talent, and contributes to the transformation of urban landscapes. Through these activities, the organization aims to promote cultural understanding and appreciation among diverse audiences.
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Impact
October, 2024
ArtPrize Grand Rapids significantly influences the local and broader community through dynamic contemporary art experiences that foster critical discourse, celebrate artistic talent, and enhance urban environments. In 2022, this event attracted 753,601 visitors over 18 days, showcasing the engagement from both locals and tourists—56% of attendees hailed from outside Kent County.
The participation of over 700 artists and 146 venues underscores its role as a platform for creative expression, where nearly $450,000 was allocated directly to artists through grants and prizes. Economically, ArtPrize represents a major catalyst for growth, generating a total impact of $34.6 million and supporting 318 jobs in the region. The event revives its status as an essential economic stimulator for Grand Rapids, proving that art not only beautifies spaces but also invigorates local economies and cultivates cultural understanding.
This information is meant to be a general summary of Artprize Grand Rapids. 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: $88,007
- Gross Receipts: $1,964,505
Assets and Liabilities:
- Total Assets: $721,757
- Total Liabilities: $4,050
- Net Assets: $717,707
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$88,007
Organization Details
Founding Year
2009
Phone
(616) 214-7910Principal Officer
Daryn Kuipers
Main Address
225 Michigan St NW Suite 3340, Grand Rapids, MI, 49501
Website
www.artprize.orgNTEE Category
Code: A40 - Arts
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