Overview
What is Spacetaker?
Spacetaker, operating under the name Fresh Arts, is a nonprofit organization based in Houston, Texas. Their primary mission is to uplift local artists by offering programs that foster knowledge growth, amplify resources, and establish connections within the community through art. They provide fiscal sponsorship services, acting as a financial intermediary for small arts organizations and artist-led projects in the area. This service allows these entities to gain access to grants, corporate contributions, and individual donations that might otherwise be inaccessible. In 2022, Fresh Arts distributed a substantial sum of $304,879 to 23 diverse projects across various disciplines, demonstrating their commitment to supporting the artistic community in Houston.
Official website here: www.fresharts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
Spacetaker has achieved an 85% rating from Charity Navigator, which reflects a strong emphasis on accountability and financial management. The organization has shown exemplary practices with all board members being independent, showcasing a commitment to transparency and governance. Their strong financial health is evidenced by a low liabilities to assets ratio and a high program expense ratio, indicating that a significant portion of their funds is directed toward fulfilling their mission.
The evaluation highlights several strengths in Spacetaker's operational practices, including the establishment of key policies such as conflict of interest, whistleblower, and document retention. Additionally, they maintain accessible documentation, including board meeting minutes and tax forms, which further enhances their accountability profile. These factors contribute to their solid performance in the accountability and finance category.
However, the rating is solely derived from the accountability and finance beacon, meaning there may be limited information regarding other performance areas such as program effectiveness or community impact. While Spacetaker demonstrates robust financial practices, potential donors and stakeholders may wish to seek additional information about the organization's outcomes and overall effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Spacetaker legitimate?
Spacetaker is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spacetaker 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: $217,065
For more financial information, click here
Official website here: www.fresharts.org
What is the mission statement of Spacetaker?
Spacetaker, an organization focused on arts, aims to empower local artists by providing programs that enhance their knowledge, amplify available resources, and foster connections within the community through art. This is achieved through their Fiscal Sponsorship program, which offers administrative services, enabling smaller arts organizations and artist-led projects to gain access to grants, corporate contributions, and individual donations, thereby boosting their capacity. In 2022, Fresh Arts, associated with Spacetaker, distributed funds to 23 projects across various disciplines, amounting to $304,879.
Official website here: www.fresharts.org
Who is the CEO of Spacetaker?
Michael Umansky is the President of Spacetaker.
Official website here: www.fresharts.org
What is the revenue of Spacetaker?
Spacetaker's revenue in 2022 was $1,014,473.
Official website here: www.fresharts.org
Who are the executives of Spacetaker and what are their salaries?
The average compensation at Spacetaker during 2022 was $31,009. There are 7 employees and 90 volunteers at Spacetaker.
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Official website here: www.fresharts.org
Where can I find the form 990 for Spacetaker?
Spacetaker's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fresharts.org
Learn more at the official website: www.fresharts.org
Mission Statement of Spacetaker
Spacetaker, as a nonprofit organization, is dedicated to empowering Houston artists. They achieve this mission by implementing programs that serve to build knowledge, amplify local resources, and connect various communities through art. This mission is carried out by providing fiscal sponsorship services, specifically through a Model C program. This sponsorship enables small arts organizations and artist-led community projects in the Houston area to receive financial support from grants, corporate contributions, and individual donations, which might otherwise be inaccessible to them. In 2022, Spacetaker distributed a substantial sum of $304,879 to 23 diverse projects across various artistic disciplines, demonstrating their commitment to supporting local artists and fostering a vibrant artistic community in Houston.
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Impact
October, 2024
Spacetaker has made a significant impact on the Houston arts community by empowering local artists through various programs that enhance their skills and broaden their reach. Through its fiscal sponsorship model, Spacetaker provides essential administrative support, enabling small arts organizations and artist-led projects to access funding opportunities that would otherwise be out of reach. In 2022 alone, the organization distributed $304,879 to 23 diverse arts projects, helping to foster creativity across multiple disciplines.
By building knowledge, amplifying local resources, and connecting communities through art, Spacetaker creates an environment where artists can thrive and engage with their surroundings. This not only enriches the cultural landscape of Houston but also strengthens community ties, ensuring that art becomes a catalyst for connection and collaboration within the city.
This information is meant to be a general summary of Spacetaker. 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: $6
- Program Service Revenue: $42,076
- Gross Receipts: $1,014,473
Assets and Liabilities:
- Total Assets: $575,825
- Total Liabilities: $49,369
- Net Assets: $526,456
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees
Revenue
$42,076
Organization Details
Founding Year
2003
Phone
(713) 868-1839Principal Officer
Michael Umansky
Main Address
P O Box 66494, Houston, TX, 772666494
Website
www.fresharts.orgNTEE Category
Code: A20 - Arts
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