Overview
What is Hermitage Artist Retreat Inc?
Hermitage Artist Retreat Inc, situated in Englewood, Florida, is a distinguished nonprofit organization dedicated to providing a conducive environment for artists worldwide. Their primary mission is to offer creative time and inspiring spaces, encouraging artists to create and share their talents with the community. This retreat aims to nurture creativity, preserve a historical Florida site, protect native ecology, and contribute positively to their local community. With a small team of nine individuals, Hermitage Artist Retreat Inc strives to foster influential and culturally significant art and artists of our time.
Official website here: www.hermitageartistretreat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star Rating
Hermitage Artist Retreat Inc has achieved a remarkable 96% score on Charity Navigator, reflecting its strong performance in accountability and finance. This high score is indicative of the organization's commitment to transparency and effective management, as the rating is based entirely on a comprehensive assessment of its financial practices.
The organization boasts an exemplary governance structure, with a fully independent board comprising 17 members. This independence fosters objective oversight, contributing to Hermitage's robust financial health as evidenced by a program expense ratio of 75.48%, which indicates that a substantial portion of its expenditures directly support its mission. Additionally, all necessary policies and procedures, such as conflict of interest and whistleblower policies, are in place, ensuring ethical operations.
While the organization shows strength in financial accountability, the summary did not provide specific information about its programs or the impact of its initiatives. Nonetheless, the high rating serves as a solid endorsement of its operational integrity and responsible financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Hermitage Artist Retreat Inc legitimate?
Hermitage Artist Retreat Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hermitage Artist Retreat 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: $200,336
Professional Fundraising Fees: $0
Other Salaries and Wages: $381,415
For more financial information, click here
Official website here: www.hermitageartistretreat.org
What is the mission statement of Hermitage Artist Retreat Inc?
Hermitage Artist Retreat Inc's mission is threefold. It aims to inspire and nurture influential and culturally significant artists, foster creativity, preserve a historic site, protect native ecology, and serve the community. The organization provides a conducive environment for artists from around the world to create and share their talents, contributing to the community. By doing so, Hermitage Artist Retreat Inc strives to preserve a piece of history and safeguard native ecosystems while promoting cultural growth.
Official website here: www.hermitageartistretreat.org
Who is the CEO of Hermitage Artist Retreat Inc?
Andy Sandberg is the President of Hermitage Artist Retreat Inc. The CEO's salary of Hermitage Artist Retreat Inc is $192,072 and their total compensation is $196,897.
Official website here: www.hermitageartistretreat.org
What is the revenue of Hermitage Artist Retreat Inc?
Hermitage Artist Retreat Inc's revenue in 2022 was $1,927,975.
Official website here: www.hermitageartistretreat.org
Who are the executives of Hermitage Artist Retreat Inc and what are their salaries?
The average compensation at Hermitage Artist Retreat Inc during 2022 was $64,639. There are 9 employees and 48 volunteers at Hermitage Artist Retreat Inc.
Here are 18 key members and their salaries (Hermitage Artist Retreat Inc's CEO's salary is $192,072 and their total compensation is $196,897):
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- Compensation: $192,072
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- Other: $4,825
Official website here: www.hermitageartistretreat.org
Where can I find the form 990 for Hermitage Artist Retreat Inc?
Hermitage Artist Retreat Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hermitageartistretreat.org
Learn more at the official website: www.hermitageartistretreat.org
Mission Statement of Hermitage Artist Retreat Inc
Hermitage Artist Retreat Inc, a distinguished organization, is committed to inspiring and fostering the most influential and culturally significant artists of our time. Their mission is multifaceted, aiming to nurture creativity, preserve a historical site, protect native ecology, and serve their community. This nonprofit aspires to provide a conducive environment for artists from around the globe, inviting them to create and share their talents with the wider community as part of their Artist in Residence Program.
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Impact
October, 2024
Hermitage Artist Retreat Inc plays a vital role in enriching the cultural landscape by inspiring and nurturing influential artists from around the world. Through its artist-in-residence program, it provides a unique and tranquil environment that allows creatives to focus on their work, fostering the development of impactful art that resonates with contemporary audiences.
The retreat not only serves the artistic community but also engages with the local population, sharing diverse talents through various outreach efforts. This connection to the community enhances cultural understanding and appreciation for the arts. Additionally, Hermitage safeguards a historic Florida site while promoting the preservation of native ecology, demonstrating a commitment to environmental stewardship alongside artistic innovation. Overall, Hermitage Artist Retreat Inc stands as a beacon of creativity and cultural significance, positively influencing artists and the community alike.
This information is meant to be a general summary of Hermitage Artist Retreat 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.
- Investment Income: $50,843
- Program Service Revenue: $18,284
- Gross Receipts: $2,098,386
Assets and Liabilities:
- Total Assets: $3,268,203
- Total Liabilities: $89,175
- Net Assets: $3,179,028
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$18,284
Organization Details
Founding Year
2002
Phone
(941) 475-2098Principal Officer
Andy Sandberg
Main Address
6630 MANASOTA KEY ROAD, ENGLEWOOD, FL, 34223
NTEE Category
Code: A20 - Arts
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