Overview
What is Studios For The Performing Arts Operating Company?
Studios For The Performing Arts Operating Company, known as CLARA, is a nonprofit organization situated in Sacramento, California. Their mission is to support and nurture Sacramento's creative economy by providing educational resources and access to eight performing arts organizations. They operate from a decommissioned school property, offering these organizations reduced-rate rent in exchange for their involvement in providing free arts programs to designated Title I schools within the Sacramento City Unified School District. This partnership served approximately 2,500 students in fiscal 2022. By doing so, the cultural organizations, which collectively impact over 70,000 Sacramento residents, are able to allocate more resources towards their own work, rather than rent expenses. With a team of five dedicated individuals, CLARA plays a significant role in enriching the artistic landscape of Sacramento.
Official website here: www.claramidtown.org
What do the Facebook reviews say about Studios For The Performing Arts Operating Company?
84% of the 33 reviewers on Facebook would recommend Studios For The Performing Arts Operating Company. Here is a summary of their reviews:
Many comments highlight the aesthetically pleasing and well-maintained facilities, noting the beautiful buildings and clean outdoor spaces. The venue is recognized as a suitable and enjoyable location for events, suggesting that it meets the expectations of those who visit. Positive sentiments indicate that users appreciate the atmosphere and overall experience provided.
Overall, visitors seem to find value in the organization’s offerings and take pleasure in attending events held there, creating a favorable impression of the nonprofit within the community.
This AI summary has been generated from reviews found on Facebook.
Is Studios For The Performing Arts Operating Company legitimate?
Studios For The Performing Arts Operating Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Studios For The Performing Arts Operating Company 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: $86,962
Professional Fundraising Fees: $0
Other Salaries and Wages: $503,153
For more financial information, click here
Official website here: www.claramidtown.org
What is the mission statement of Studios For The Performing Arts Operating Company?
Studios For The Performing Arts Operating Company, often referred to as CLARA, aims to support the creative economy by providing education, access, and resources. It accomplishes this by offering permanent space to eight cultural organizations at a reduced rate. In return, these tenants help CLARA deliver free arts programs to designated Title I schools. This partnership serves approximately 2,500 students annually. Furthermore, by offering reduced rent, the cultural organizations are able to invest more resources into their work, benefiting over 70,000 residents of the community.
Official website here: www.claramidtown.org
What is the revenue of Studios For The Performing Arts Operating Company?
Studios For The Performing Arts Operating Company's revenue in 2024 was $1,877,531.
Official website here: www.claramidtown.org
Who are the executives of Studios For The Performing Arts Operating Company and what are their salaries?
The average compensation at Studios For The Performing Arts Operating Company during 2024 was $15,949. There are 37 employees at Studios For The Performing Arts Operating Company.
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- Compensation: $85,000
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Official website here: www.claramidtown.org
Where can I find the form 990 for Studios For The Performing Arts Operating Company?
Studios For The Performing Arts Operating Company's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.claramidtown.org
Learn more at the official website: www.claramidtown.org
Mission Statement of Studios For The Performing Arts Operating Company
Studios for the Performing Arts Operating Company, commonly referred to as Clara, plays a significant role in fostering Sacramento's creative economy. The organization's mission is to provide education, access, and resources, serving as a catalyst for artistic growth and development in the community. By offering reduced-rate rent to eight cultural organizations, Clara enables these entities to thrive and invest more resources into their work, rather than spending a significant portion on rent.
In return for the rental benefits, these cultural organizations contribute to Clara's mission by offering free arts programs to designated Title I schools within the Sacramento City Unified School District. Through these initiatives, Studios for the Performing Arts Operating Company has managed to serve approximately 2,500 students in fiscal 2022. The presence of these cultural organizations in the community has positively impacted over 70,000 Sacramento residents, enabling them to engage with and appreciate various forms of art and creativity.
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Impact
October, 2024
Studios For The Performing Arts Operating Company, known as CLARA, significantly impacts Sacramento's creative landscape by providing essential resources and affordable space for eight cultural organizations. By converting a decommissioned school property into a vibrant hub for the arts, CLARA not only offers tenants reduced-rate rent—approximately 25% of the market rate—but also fosters a collaborative environment where these organizations can thrive.
In fiscal 2022 alone, CLARA facilitated free arts programming for around 2,500 students from designated Title I schools within the Sacramento City Unified School District. This commitment to accessibility ensures that cultural enrichment reaches underserved communities. Furthermore, by alleviating the financial burden of rent, these organizations can redirect their resources toward expanding their programming and community outreach. As a result, more than 70,000 Sacramento residents benefit from increased access to the arts, enhancing the city’s cultural fabric and contributing to a vibrant creative economy.
This information is meant to be a general summary of Studios For The Performing Arts Operating Company. 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: $13,058
- Program Service Revenue: $820,980
- Gross Receipts: $1,877,531
Assets and Liabilities:
- Total Assets: $5,937,759
- Total Liabilities: $207,857
- Net Assets: $5,729,902
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EARNED INCOME
Revenue
$490,812
TENANT RENT
Revenue
$330,168
Organization Details
Founding Year
2006
Principal Officer
Greg Aguirre
Website
www.claramidtown.orgNTEE Category
Code: A11 - Arts
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