Overview
What is Residency Unlimited Inc?
Residency Unlimited Inc, located in Brooklyn, New York, is a dedicated nonprofit organization that offers customized support to international and domestic artists and curators in residence. In 2022, the organization hosted 57 artists and curators from 21 countries, fostering a diverse artistic community. They organized studio visits and remunerated services for each artist, facilitating engagements with art professionals. Additionally, they collaborated with local organizations to create a successful residency environment. Throughout the year, Residency Unlimited Inc presented 19 exhibitions and 31 public programs, showcasing artists' work in various venues. Two local BIPOC artists benefited from six-month free studio spaces, and their work was exhibited at Ace Hotel in Brooklyn. Residency Unlimited Inc's community-building activities included field trips and welcoming gatherings for incoming artists.
Official website here: www.residencyunlimited.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Residency Unlimited Inc. has achieved a high rating of 96% from Charity Navigator, indicating strong performance in accountability and finance. This rating is based solely on their financial metrics, demonstrating a commitment to transparency and effective management of resources. The organization features a majority independent board (91%), which is a positive sign of governance and oversight.
The financial health of Residency Unlimited is notable, with a low liabilities-to-assets ratio of 2.24%, showcasing their stability. They allocate a substantial portion of their resources towards their programs, with a program expense ratio of 79.09%. This suggests a focus on fulfilling their mission rather than administrative costs.
Additionally, Residency Unlimited has secured full points in several key areas such as financial statement reviews, conflict of interest policies, and whistleblower policies, further highlighting their dedication to ethical practices. Overall, the organization appears to be well-managed with a strong emphasis on accountability, making it a trustworthy choice for donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Residency Unlimited Inc?
90% of 295 reviewers on Facebook recommend Residency Unlimited Inc. Here is a summary of their reviews:
Many individuals express a strong appreciation for the organization, often highlighting its dedicated and supportive team of culture producers. Users feel that the services offered are beneficial and effective, contributing to a positive experience for participants.
Overall, there's a clear sentiment of satisfaction from those who have engaged with Residency Unlimited Inc., with many emphasizing the organization's commitment to fostering a vibrant cultural community.
This AI summary has been generated from reviews found on Facebook.
Is Residency Unlimited Inc legitimate?
Residency Unlimited Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Residency Unlimited 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: $60,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.residencyunlimited.org
What is the mission statement of Residency Unlimited Inc?
Residency Unlimited Inc's mission is centered around providing tailored support to artists and curators in residence, collaborating with local organizations to establish successful residency environments. Their primary goal is to facilitate a conducive setting for these creatives, fostering their growth and development. The organization actively engages with various local organizations, working together to enhance the residency experience. In 2022, Residency Unlimited Inc hosted 57 artists and curators from 21 countries, organizing studio visits and remunerated services for each artist, and hosting a series of exhibitions and public programs in collaboration with partnering venues. Their community-building activities included field trips and welcome gatherings for incoming artists.
Official website here: www.residencyunlimited.org
Who is the CEO of Residency Unlimited Inc?
Nathalie Angles is the Chair of Residency Unlimited Inc.
Official website here: www.residencyunlimited.org
What is the revenue of Residency Unlimited Inc?
Residency Unlimited Inc's revenue in 2022 was $530,945.
Official website here: www.residencyunlimited.org
Who are the executives of Residency Unlimited Inc and what are their salaries?
The average compensation at Residency Unlimited Inc during 2022 was $15,000. There are 4 employees and 19 volunteers at Residency Unlimited Inc.
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Official website here: www.residencyunlimited.org
Where can I find the form 990 for Residency Unlimited Inc?
Residency Unlimited Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.residencyunlimited.org
Learn more at the official website: www.residencyunlimited.org
Mission Statement of Residency Unlimited Inc
Residency Unlimited Inc, a nonprofit organization, is dedicated to providing customized support to artists and curators in residence. This support aims to foster a conducive environment for their creative endeavors. The organization collaborates with local organizations to ensure the success of these residency programs.
At the heart of Residency Unlimited Inc's mission is the provision of personalized assistance to artists and curators during their residencies. In 2022 alone, the organization welcomed 57 artists and curators from various countries, including the United States, Hungary, Cuba, and many others. Each resident artist was offered a remunerated service, meeting with an art professional every week. To enhance this service, five guest curators were hired to provide additional support during studio visits and programming.
The organization's collaborative approach with local organizations resulted in 19 exhibitions and 31 public programs, which included talks, screenings, and readings. These events were hosted by Residency Unlimited Inc and partnering venues, providing a diverse platform for artists to showcase their work. The organization also provided free studio space for two local BIPOC artists, and their work was exhibited at Ace Hotel in Brooklyn.
Residency Unlimited Inc's community-building activities were also noteworthy. The organization organized 27 field trips and 20 welcome gatherings for incoming artists each month. These curated field trips took place at various prestigious art institutions, providing artists with valuable opportunities for exposure and learning.
In summary, Residency Unlimited Inc's mission is to offer customized support to artists and curators in residence, collaborating with local organizations to create successful residency environments. This support includes remunerated studio visits, guest curators, exhibitions, public programs, and community-building activities. The organization's approach aims to provide a diverse and supportive platform for artists to grow and showcase their work.
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Impact
July, 2024
Residency Unlimited Inc has a significant impact on the arts community by providing customized support to artists and curators, both locally and internationally. In 2022, the organization hosted a diverse group of 57 artists-in-residence from 21 different countries, offering them studio visits and opportunities to connect with art professionals on a weekly basis. Additionally, Residency Unlimited organized 19 exhibitions and 31 public programs, including talks, screenings, and readings, to showcase the work of residents and engage the broader community.
Through partnerships with local venues and organizations, Residency Unlimited facilitated exhibitions and public programs at various locations, expanding the reach of their impact. The organization also provided free studio space to two local BIPOC artists, allowing them to create and exhibit their work at prominent venues like the Ace Hotel in Brooklyn.
Furthermore, Residency Unlimited's community-building activities, such as field trips and welcome gatherings for incoming artists, foster a supportive environment for creativity and collaboration. By curating field trips to museums, galleries, and cultural institutions, the organization enriches the artistic experiences of residents and helps them engage with the broader artistic landscape of New York City.
Overall, Residency Unlimited Inc plays a vital role in supporting and cultivating the careers of artists and curators, while also contributing to the cultural vibrancy of the arts scene in Brooklyn and beyond.
This information is meant to be a general summary of Residency Unlimited 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.
- Investment Income: $2,202
- Program Service Revenue: $5,947
- Gross Receipts: $573,863
Assets and Liabilities:
- Total Assets: $835,284
- Total Liabilities: $18,780
- Net Assets: $816,504
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEE INCOME
Revenue
$5,947
Organization Details
Founding Year
2009
Phone
(917) 478-2694Principal Officer
Nathalie Angles
Main Address
360 COURT STREET 4, BROOKLYN, NY, 112314351
Website
www.residencyunlimited.orgNTEE Category
Code: A23 - Arts
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