Overview
What is The Artists Cooperative Residency And Exhibitions?
The Artists Cooperative Residency and Exhibitions is a nonprofit organization located in Chicago, Illinois. With a mission to foster artistic growth, they offer an affordable and collaborative residency program. The program provides artists with essential work spaces, including a screen-printing studio, outdoor wood shop, art and tech facility, sound studio, fibers studio, and ceramics studio. Their objective is to encourage idea exchange, interdisciplinary collaboration, and experimental projects among artists, enabling them to develop and present their practices effectively. The organization, with a modest workforce of three individuals, serves as a platform for artistic growth and dialogue in the community.
Official website here: www.acreresidency.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (74%, Two-Star out of Four Star rating)
The Artists Cooperative Residency and Exhibitions has received a rating of 74%, indicating a need for improvement in its accountability and financial practices. The organization has performed well in areas such as board independence, with 100% of board members being independent, and demonstrates effective management of its assets with no material diversion reported. However, the organization faces challenges, notably the absence of a whistleblower and document retention policies, which could affect governance standards.
Strengths of the organization include a commendable program expense ratio of 61.48%, suggesting a significant portion of funds is directed toward its programs. Additionally, the organization scored well in cultural and community engagement, with an 87% rating in this area, reflecting a strong commitment to its mission and the communities it serves. The equity strategies score of 87 out of 100 further indicates a proactive approach to inclusive practices.
Despite these positives, there are notable limitations in governance policies that need to be addressed to enhance the overall rating. The lack of essential policies may pose risks to operational integrity and transparency. Strengthening these areas could significantly improve the organization’s accountability and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Artists Cooperative Residency And Exhibitions?
98% of 16 reviewers on Facebook recommend The Artists Cooperative Residency And Exhibitions. Here is a summary of their reviews:
The overwhelming sentiment among those who took the time to share their experiences is highly positive. Many reviewers have expressed their satisfaction with the services provided, highlighting the cooperative’s supportive environment for artists and the quality of exhibitions. Reviewers frequently describe the experience as rewarding and emphasize the organization's dedication to fostering artistic growth.
Overall, individuals appreciate the community aspect and the opportunities offered by the residency. The strong recommendation rate indicates that attendees feel valued and supported, contributing to a thriving atmosphere for creativity and collaboration.
This AI summary has been generated from reviews found on Facebook.
Is The Artists Cooperative Residency And Exhibitions legitimate?
The Artists Cooperative Residency And Exhibitions is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Artists Cooperative Residency And Exhibitions 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: $54,167
Professional Fundraising Fees: $0
Other Salaries and Wages: $123,518
For more financial information, click here
Official website here: www.acreresidency.org
What is the mission statement of The Artists Cooperative Residency And Exhibitions?
The Artists Cooperative Residency and Exhibitions aims to support artists in their growth and expression by offering various forums for idea exchange, interdisciplinary collaboration, and experimental projects. By providing an affordable, cooperative, and dialogue-oriented residency program, complete with work spaces, studios for various mediums, and opportunities for collaboration, this organization seeks to foster a creative and innovative environment for artists to develop and present their practices.
Official website here: www.acreresidency.org
What is the revenue of The Artists Cooperative Residency And Exhibitions?
The Artists Cooperative Residency And Exhibitions's revenue in 2023 was $311,071.
Official website here: www.acreresidency.org
Who are the executives of The Artists Cooperative Residency And Exhibitions and what are their salaries?
The average compensation at The Artists Cooperative Residency And Exhibitions during 2023 was $35,537. There are 5 employees and 125 volunteers at The Artists Cooperative Residency And Exhibitions.
Here are 8 key members and their salaries:
- Compensation: $54,167
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.acreresidency.org
Where can I find the form 990 for The Artists Cooperative Residency And Exhibitions?
The Artists Cooperative Residency And Exhibitions's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.acreresidency.org
Learn more at the official website: www.acreresidency.org
Mission Statement of The Artists Cooperative Residency And Exhibitions
The Artists Cooperative Residency and Exhibitions is committed to fostering the growth and exposure of artists by offering platforms for intellectual exchange, interdisciplinary collaboration, and innovative projects. In pursuit of this mission, they provide an affordable, cooperative, and dialogue-oriented residency program. This program includes essential amenities such as workspaces, a screen-printing studio, an outdoor wood shop, an art and tech facility, a sound studio, a fibers studio, and a ceramics studio. These resources empower artists to develop, present, and engage in discourse about their practices, thereby promoting a vibrant and creative community.
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Impact
October, 2024
The Artists Cooperative Residency and Exhibitions fosters a vibrant community where artists can thrive, develop their practices, and engage in meaningful dialogues. By offering affordable access to a variety of resources, including workspaces, studios for screen printing, woodworking, and ceramics, as well as facilities for art and technology, it empowers artists to experiment and innovate.
Through interdisciplinary collaboration and a focus on idea exchange, the residency program encourages artists to push boundaries and explore new creative avenues. This environment not only enhances individual artistic growth but also enriches the broader art community in Chicago by fostering connections and collaborations among diverse practitioners.
The impact of The Artists Cooperative Residency and Exhibitions extends beyond the artists themselves; it cultivates a dynamic dialogue within the community about contemporary artistic practices and challenges. By prioritizing accessibility and collaboration, the program strengthens the local art scene and promotes an inclusive space where creativity can flourish.
This information is meant to be a general summary of The Artists Cooperative Residency And Exhibitions. 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: $8
- Program Service Revenue: $20,274
- Gross Receipts: $311,071
Assets and Liabilities:
- Total Assets: $708,254
- Total Liabilities: $0
- Net Assets: $708,254
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rentals
Revenue
$5,175
Residency and Exhibitions
Revenue
$15,099
Organization Details
Founding Year
2010
Principal Officer
Latham Zearfoss
Website
www.acreresidency.orgNTEE Category
Code: A40 - Arts
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