Overview
What is Kentucky College Of Art Design?
Established in 2009, the Kentucky College of Art and Design is a vibrant institution situated in Louisville, Kentucky. With a strong commitment to its core values and principles, the college aims to provide a transformative experience for its students. As a pioneering independent college, it strives to demonstrate the importance of the arts in society. The college values both the practical skills and the artist's voice, recognizing the role of the arts in reflecting a generation's interests and opinions. The Kentucky College of Art and Design promotes a creative and productive life through an undergraduate education in contemporary arts. Its mission is to open doors to a fulfilling artistic journey by offering higher education in contemporary arts. The college has been granted the authority to grant a BFA in Studio Art by the Kentucky Council on Postsecondary Education, demonstrating its commitment to academic excellence in the field of art and design. With a total of 39 employees, the college remains dedicated to fostering a nurturing environment for artists to explore and expand their creative horizons.
Official website here: www.kycad.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
Kentucky College of Art Design has achieved an impressive Four-Star rating from Charity Navigator, primarily reflecting strong accountability and financial management practices. The organization boasts a high percentage of independent board members and has implemented robust oversight measures, including a thorough audit process. Its financial statements demonstrate a healthy liabilities to assets ratio, showcasing stability and effective resource management.
However, the nonprofit has some areas for improvement, specifically in governance policies. It lacks a whistleblower policy and does not have a documented retention and destruction policy, which may raise concerns about transparency and risk management. While these gaps do not significantly detract from its overall financial health, addressing them would enhance its leadership accountability.
Financially, the organization is efficient, with a low fundraising cost relative to contributions, and a solid program expense ratio indicating a commitment to its mission. Overall, Kentucky College of Art Design exhibits strong financial practices, though enhancing its governance policies would further solidify its reputation as a responsible and transparent nonprofit.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Kentucky College Of Art Design?
While there are currently only a few reviews available for Kentucky College of Art Design, the feedback indicates a lack of positive sentiment. One reviewer explicitly mentioned that they do not perceive KyCAD as a legitimate college, which suggests dissatisfaction with the institution’s credibility and offerings.
With only one negative review impacting its reputation, it's clear that additional feedback is needed to form a well-rounded perspective of the college. Overall, the limited reviews reflect concerns that potential students may want to explore further before considering enrollment.
This AI summary has been generated from reviews found on Facebook.
Is Kentucky College Of Art Design legitimate?
Kentucky College Of Art Design is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kentucky College Of Art Design 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: $496,023
Professional Fundraising Fees: $0
Other Salaries and Wages: $657,626
For more financial information, click here
Official website here: www.kycad.org
What is the mission statement of Kentucky College Of Art Design?
The Kentucky College of Art and Design encourages a creative and productive life through an undergraduate education in contemporary arts. By opening the door to higher education in the contemporary arts, the institution aims to provide a transformative experience for its students. As a newly independent college, it seeks to demonstrate the value of arts in society, embracing their ability to reflect a generation's interests and opinions. The college places importance on both the practical and artistic aspects of craft, from traditional techniques to new technologies. The Kentuckians use intuition, analysis, and various spiritual and emotional approaches to explore new knowledge, investigating the human condition in various ways. In 2018, the Kentucky Council on Post Secondary Education granted the college the authority to award a BFA in Studio Art.
Official website here: www.kycad.org
Who is the CEO of Kentucky College Of Art Design?
Moira Payne is the Chancellor of Kentucky College Of Art Design.
Official website here: www.kycad.org
What is the revenue of Kentucky College Of Art Design?
Kentucky College Of Art Design's revenue in 2023 was $3,638,168.
Official website here: www.kycad.org
Who are the executives of Kentucky College Of Art Design and what are their salaries?
The average compensation at Kentucky College Of Art Design during 2023 was $29,581. There are 39 employees and 25 volunteers at Kentucky College Of Art Design.
Here are 30 key members and their salaries:
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- Compensation: $240,000
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- Other: $4,350
- Compensation: $29,615
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- Other: $550
- Compensation: $120,000
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- Other: $7,265
Official website here: www.kycad.org
Where can I find the form 990 for Kentucky College Of Art Design?
Kentucky College Of Art Design's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.kycad.org
Learn more at the official website: www.kycad.org
Mission Statement of Kentucky College Of Art Design
The Kentucky College of Art and Design, established in 2009, aims to foster a creative and productive life through an undergraduate education in contemporary arts. The institution's mission is to open doors to a creative and productive existence by offering higher education in the contemporary arts. As a new independent college, the Kentucky College of Art and Design seeks to demonstrate the value of the arts in society. It recognizes the power of art to reflect a generation's interests and opinions, and it places the meaning of practice and the artist's voice alongside the skills and tools with which they communicate. The college explores various aspects of art, from historical traditions to new technologies, and from crafts and material practices to the digital world of the virtual and unreal. Artists at the Kentucky College of Art and Design employ not only intuition and speculation but also spiritual, emotional, analytical, and material methods to seek new knowledge. In November 2018, the Kentucky Council on Post Secondary Education granted the Kentucky College of Art and Design the authority to grant a BFA in Studio Art, furthering its commitment to artistic education and growth.
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Impact
October, 2024
Kentucky College of Art and Design (KyCAD) significantly influences the cultural and educational landscape by fostering creativity and artistic expression. Established in 2009, KyCAD has diligently worked to provide a transformative educational experience focused on contemporary arts. By emphasizing the importance of various art forms, it empowers students to explore their creative potential and contribute meaningfully to society.
The institution prides itself on its commitment to core values that shape both its teaching methodologies and the overall student experience. Through a well-rounded curriculum, students learn not only technical skills but also the critical thinking and analytical abilities necessary to navigate the complexities of modern artistic practices. This balance between intuition and intellect encourages artists to explore new knowledge and perspectives, reflecting the diverse interests and opinions of contemporary society.
KyCAD's establishment of a Bachelor of Fine Arts (BFA) in Studio Art enhances its impact by formalizing higher education pathways in the arts within Kentucky. This degree not only equips students with practical skills and knowledge but also prepares them for diverse careers in the arts, thereby enriching the local and broader creative economy.
By investing in the artistic community and promoting the value of the arts, KyCAD opens doors to new possibilities for its students and sets the stage for a vibrant cultural dialogue, making it a pivotal institution within Kentucky’s educational landscape.
This information is meant to be a general summary of Kentucky College Of Art Design. 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: $112,382
- Program Service Revenue: $476,250
- Gross Receipts: $4,488,168
Assets and Liabilities:
- Total Assets: $4,989,386
- Total Liabilities: $7,366
- Net Assets: $4,982,020
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$476,250
Organization Details
Founding Year
2009
Phone
(502) 430-6191Principal Officer
Moira Payne
Main Address
505 WEST ORMSBY STREET, LOUISVILLE, KY, 40203
Website
www.kycad.orgNTEE Category
Code: B50 - Education
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