Overview
What is Downtown Arts District Inc?
Downtown Arts District Inc, located at 201 East Pine Street, Orlando, Florida 32801, is a nonprofit organization dedicated to supporting local art groups. Their mission involves creating opportunities for these groups to lease space in downtown Orlando and fostering the growth of arts and culture within the district. By doing so, the organization aims to stimulate and guide the development of a vibrant and innovative arts scene in downtown Orlando, thereby contributing to the district's economic development. With a team of three dedicated individuals, Downtown Arts District Inc plays a significant role in promoting cultural growth and economic prosperity in the area.
Official website here: www.dadorlando.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
Downtown Arts District Inc has received a solid Three-Star rating from Charity Navigator, indicating a strong level of accountability and financial health. The organization scored 88% overall, with a focus solely on the Accountability & Finance category. This score highlights the charity's commitment to responsible financial practices, as evidenced by its high marks in areas such as independent board membership and financial oversight.
The organization boasts 100% independent board members and a well-structured board size of 20 members, demonstrating a commitment to governance integrity. Additionally, there are no reported material diversions of assets, and the organization maintains transparent financial statements. However, the lack of a conflict of interest policy and a whistleblower policy may be areas for improvement in terms of governance practices.
Financially, Downtown Arts District Inc exhibits strong performance with a program expense ratio of 87.90%, meaning the majority of funds are directed towards its programs. The liabilities to assets ratio stands at a low 0.50%, indicating solid financial stability. Overall, while the charity showcases many strengths in its governance and financial practices, addressing the noted policy gaps could enhance its accountability further.
This AI summary has been generated from information found on Charity Navigator.
Is Downtown Arts District Inc legitimate?
Downtown Arts District Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Arts District 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $291,648
For more financial information, click here
Official website here: www.dadorlando.com
What is the mission statement of Downtown Arts District Inc?
The Downtown Arts District Inc is committed to spearheading, stimulating, and guiding the creation of a lively and innovative arts and cultural district. This district aims to foster economic growth in its surroundings. To achieve this mission, the organization supports local art groups by providing opportunities for leasing spaces and promoting the development of arts and culture in the area. Their ultimate goal is to enhance the vibrancy and innovation of the arts scene, thereby contributing to the broader economic development.
Official website here: www.dadorlando.com
Who is the CEO of Downtown Arts District Inc?
Barbara Hartley is the Executive Director of Downtown Arts District Inc.
Official website here: www.dadorlando.com
What is the revenue of Downtown Arts District Inc?
Downtown Arts District Inc's revenue in 2022 was $814,334.
Official website here: www.dadorlando.com
Who are the executives of Downtown Arts District Inc and what are their salaries?
The average compensation at Downtown Arts District Inc during 2022 was $97,216. There are 3 employees and 30 volunteers at Downtown Arts District Inc.
Here are 21 key members and their salaries:
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Official website here: www.dadorlando.com
Where can I find the form 990 for Downtown Arts District Inc?
Downtown Arts District Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dadorlando.com
Learn more at the official website: www.dadorlando.com
Mission Statement of Downtown Arts District Inc
Downtown Arts District Inc, a nonprofit organization, is committed to spearheading, stimulating, and guiding the growth of a lively and innovative arts and cultural district. This district aims to enhance economic development in various urban areas. The primary objective of Downtown Arts District Inc is to create a thriving arts and cultural hub that fosters creativity and stimulates economic growth.
To achieve this mission, Downtown Arts District Inc provides support to local art groups by offering them opportunities to lease space in the downtown area. By doing so, it encourages the development of arts and culture in the community. The organization's ultimate goal is to contribute to the overall vitality and well-being of the downtown area, making it an attractive and engaging destination for both residents and visitors alike.
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Impact
October, 2024
Downtown Arts District Inc plays a crucial role in fostering a vibrant and innovative arts and cultural district in downtown Orlando. By leading and stimulating the development of the arts scene, it contributes significantly to the economic growth of the area.
Through strategic support for art groups, the organization creates opportunities for leasing space in downtown, allowing artists and cultural projects to thrive. This not only enhances the local cultural landscape but also attracts residents and visitors, stimulating economic activity.
The focus on arts and culture directly correlates with downtown revitalization efforts, enriching the community's aesthetic and cultural offerings, which in turn encourages tourism and local commerce. Through its initiatives, Downtown Arts District Inc enhances the quality of life for residents and cultivates a sense of community pride in Orlando.
This information is meant to be a general summary of Downtown Arts District 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.
- Program Service Revenue: $160,098
- Gross Receipts: $814,334
Assets and Liabilities:
- Total Assets: $381,144
- Total Liabilities: $9,642
- Net Assets: $371,502
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ART SALES COMMISSIONS
Revenue
$98,557
STUDIO
Revenue
$31,177
PROGRAM REVENUE
Revenue
$24,839
RENTAL GALLERY
Revenue
$5,525
Organization Details
Founding Year
2002
Phone
(407) 648-7060Principal Officer
Barbara Hartley
Main Address
201 East Pine Street, Orlando, FL, 32801
Website
www.dadorlando.comNTEE Category
Code: A26 - Arts
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