Overview
What is The Wassaic Project Inc?
The Wassaic Project Inc, located in Wassaic, New York, is a contemporary arts organization with a mission to stimulate social change, foster local pride, and strengthen connections between artists and the community. Acting as the primary manager of its exhibitions, the nonprofit curates and hosts a year-round display of contemporary art, showcasing the work of over 1500 artists in its 8000+ square foot gallery space. Their summer exhibition, open from May to September, is free for the general public and takes place in a unique rural setting, the Main Facility, or Maxon Mills, a restored grain elevator. Beyond exhibitions, The Wassaic Project also offers arts education programming, lectures, workshops, and performances, furthering its commitment to nurturing artistic growth and community engagement.
Official website here: www.wassaicproject.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Stars
The Wassaic Project Inc has received a solid Three-Star rating from Charity Navigator, with an overall score of 88%. This rating reflects a strong emphasis on accountability and financial health, as the score is based entirely on this beacon. The high marks in areas such as having a majority of independent board members and a well-functioning audit and oversight committee highlight the organization’s commitment to transparency.
The organization excels in several key areas, including a favorable program expense ratio of 78.08%, indicating that a significant portion of its funds is directed toward its mission-driven activities. Additionally, there are no noted issues related to the material diversion of assets, which enhances trust in the organization’s management of resources. The presence of a conflict of interest policy and the posting of tax forms on its website further contribute to its accountability scoring.
However, it is important to note that The Wassaic Project Inc is missing a whistleblower policy and other document retention measures, which could be areas for improvement in their governance practices. Despite these limitations, the overall financial health and governance structure reflect positively on the organization’s operations, suggesting a responsible management of its resources.
This AI summary has been generated from information found on Charity Navigator.
Is The Wassaic Project Inc legitimate?
The Wassaic Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wassaic Project 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: $247,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $288,334
For more financial information, click here
Official website here: www.wassaicproject.org
What is the mission statement of The Wassaic Project Inc?
The Wassaic Project Inc, as a contemporary arts organization, employs art and arts education to stimulate positive social change, foster local pride, and cultivate collaborative relationships between artists and the community. Situated in an unspecified location, The Wassaic Project conducts year-round arts education programs, exhibitions, lectures, workshops, and performances. Their primary objective is to utilize art as a tool for bringing about societal improvement and strengthening community ties, particularly between artists and the local populace.
Official website here: www.wassaicproject.org
What is the revenue of The Wassaic Project Inc?
The Wassaic Project Inc's revenue in 2024 was $1,530,234.
Official website here: www.wassaicproject.org
Who are the executives of The Wassaic Project Inc and what are their salaries?
The average compensation at The Wassaic Project Inc during 2024 was $59,504. There are 9 employees and 17 volunteers at The Wassaic Project Inc.
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- Compensation: $73,167
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- Compensation: $73,167
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- Other: $6,833
Official website here: www.wassaicproject.org
Where can I find the form 990 for The Wassaic Project Inc?
The Wassaic Project Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.wassaicproject.org
Learn more at the official website: www.wassaicproject.org
Mission Statement of The Wassaic Project Inc
The Wassaic Project, a contemporary arts organization, employs art and arts education as tools to spark positive social transformation, boost local pride, and foster connections between artists and their community. This nonprofit entity, dedicated to its mission, provides a variety of year-round arts education programs, exhibitions, lectures, workshops, and performances. By engaging with local artists and the community, The Wassaic Project seeks to foster a sense of unity and mutual respect, ultimately leading to a more inclusive and enriched society.
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Impact
October, 2024
The Wassaic Project Inc has made a significant impact by fostering positive social change through art and arts education in a rural community that is often underserved by cultural resources. By producing and hosting year-round exhibitions, the organization showcases a diverse range of contemporary art, helping to elevate emerging artists and integrate their work into the unique architecture of the Maxon Mills, a restored grain elevator.
The summer exhibition, which is free for the public and runs from May to September, has become a highlight of the community, allowing locals and visitors alike to engage with the visual arts without the barrier of cost. To date, the organization has featured the work of over 1,500 artists, creating a vibrant cultural space that encourages local pride and connection.
Additionally, The Wassaic Project emphasizes community involvement by nurturing partnerships between artists and residents, through a variety of arts education programs, workshops, lectures, and performances. By doing so, it not only enriches the lives of individuals but also strengthens the cultural fabric of Wassaic and its surrounding areas, promoting a shared appreciation for contemporary art and its power to inspire change.
This information is meant to be a general summary of The Wassaic Project 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 2024.
- Investment Income: $6,721
- Program Service Revenue: $330,240
- Gross Receipts: $1,564,334
Assets and Liabilities:
- Total Assets: $1,672,624
- Total Liabilities: $744,426
- Net Assets: $928,198
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ART SALES
Revenue
$184,406
ADMISSION AND FEES
Revenue
$115,216
RESIDENCY FEE
Revenue
$30,618
Organization Details
Founding Year
2010
Principal Officer
Julia W Kivitz
Website
www.wassaicproject.orgNTEE Category
Code: A20 - Arts
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