Overview
What is Space On The Farminc?
Space on the Farminc is a nonprofit organization situated in New York, New York. Their primary mission is to foster creativity and innovation among artists and innovators, while also contributing to the sustainability and resourceful preservation of one of the oldest organic family farms on the East Coast. They achieve this through various programs, hosting creative residencies for artists, providing opportunities at venues like Audible Theater, Joe's Pub, Playwrights Horizons, and Page 73, among others. The 2022 residents included a diverse group of creatives. The organization operates with a small team of 17 individuals, dedicated to supporting and nurturing artistic growth and community engagement.
Official website here: www.spaceonryderfarm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Space On The Farminc has received an 81% rating from Charity Navigator, which indicates a generally positive evaluation based on its accountability and financial health. The rating reflects a strong emphasis on governance, with 93% of its board members being independent and a comprehensive set of policies in place, including conflict of interest and whistleblower policies. These factors contribute positively to its accountability score.
The organization demonstrates a robust commitment to financial oversight, achieving full points in areas such as financial statements auditing and asset management. Its liabilities to assets ratio stands at a commendable 35.01%, signaling a manageable level of debt relative to its assets. However, the program expense ratio of 57.60% may suggest room for improvement in directing a larger portion of its resources towards programmatic activities, as opposed to administrative costs.
Overall, Space On The Farminc maintains a strong foundation in governance and financial practices. While it excels in many accountability metrics, enhancing program investment could elevate its impact and further bolster its rating.
This AI summary has been generated from information found on Charity Navigator.
Is Space On The Farminc legitimate?
Space On The Farminc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Space On The Farminc 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: $172,066
Professional Fundraising Fees: $0
Other Salaries and Wages: $441,474
For more financial information, click here
Official website here: www.spaceonryderfarm.org
What is the mission statement of Space On The Farminc?
Space On The Farminc's mission is to establish an exceptional environment that stimulates creativity and innovation among artists and innovators, and contributes to the sustainability and resourceful preservation of one of the oldest organic family farms on the East Coast. This organization aims to foster a unique setting that encourages artistic growth and development, while simultaneously promoting the longevity and conservation of a historical farm. Each year, Space On The Farminc welcomes several artists and innovators through its creative residency program, offering them an opportunity to further their work in a distinctive setting.
Official website here: www.spaceonryderfarm.org
Who is the CEO of Space On The Farminc?
Allyson Davis is the Chief Operating Officer of Space On The Farminc.
Official website here: www.spaceonryderfarm.org
What is the revenue of Space On The Farminc?
Space On The Farminc's revenue in 2022 was $809,539.
Official website here: www.spaceonryderfarm.org
Who are the executives of Space On The Farminc and what are their salaries?
The average compensation at Space On The Farminc during 2022 was $36,091. There are 17 employees and 19 volunteers at Space On The Farminc.
Here are 18 key members and their salaries:
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Official website here: www.spaceonryderfarm.org
Where can I find the form 990 for Space On The Farminc?
Space On The Farminc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.spaceonryderfarm.org
Learn more at the official website: www.spaceonryderfarm.org
Mission Statement of Space On The Farminc
Space On The Farminc, a distinguished nonprofit organization, is committed to establishing an exceptional environment that stimulates and fosters artists and innovators, as well as their work. This mission extends beyond mere inspiration; it also aims to contribute to the sustainability and resourceful preservation of one of the oldest organic family farms on the East Coast. By providing a conducive atmosphere for creative minds, Space On The Farminc seeks to honor its unique heritage and promote its longevity.
The organization's mission is not just limited to artists and innovators. It also encompasses the preservation of the farm, ensuring its survival for future generations. By invigorating creative minds within this setting, Space On The Farminc embodies a harmonious blend of art, innovation, and environmental stewardship. This multifaceted approach allows the organization to make a significant impact in its field while also safeguarding the farm's rich history.
In 2022, Space On The Farminc welcomed a diverse group of residents across its programs, including Emily Gardner, Xu Hall, Isaac Gomez, and several other distinguished artists and innovators. These individuals found inspiration in the unique environment and contributed to its vibrant atmosphere, further emphasizing the organization's mission to inspire and preserve.
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Impact
October, 2024
Space On The Farminc significantly impacts the artistic community and agricultural preservation by fostering an invigorating environment that nurtures artists and innovators. This platform offers creative residencies that facilitate unique collaborations, allowing participants to explore new artistic expressions while benefiting from the rich legacy of one of the oldest organic family farms on the East Coast.
By hosting a diverse group of residents, Space On The Farminc promotes cross-disciplinary engagement, which enhances creativity and innovation. The interactions fostered within this scenic and resource-rich setting contribute not only to individual artistic growth but also to the sustainability of vital agricultural practices. The dynamic exchange of ideas and techniques between artists ensures a blend of culture and ecology, ultimately enriching both realms.
In 2022, talented residents across various programs—including playwrights, musicians, and visual artists—took advantage of this unique environment, showcasing the versatility and depth of artistic endeavors that can arise from such a supportive setting. Through their work, they contribute to a vibrant arts community while helping to maintain the historical significance and sustainable practices of the farm itself. The intersection of art and agriculture at Space On The Farminc illustrates how creative spaces can empower individuals and invigorate broader cultural landscapes.
This information is meant to be a general summary of Space On The Farminc. 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: $9,700
- Program Service Revenue: $5,250
- Gross Receipts: $823,222
Assets and Liabilities:
- Total Assets: $2,035,694
- Total Liabilities: $712,889
- Net Assets: $1,322,805
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$5,250
Organization Details
Founding Year
2010
Phone
(646) 833-8159Principal Officer
Allyson Davis
Main Address
PO BOX 699, NEW YORK, NY, 10013
Website
www.spaceonryderfarm.orgNTEE Category
Code: A20 - Arts
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