Overview
What is Friendship Academy Of The Arts?
Friendship Academy of the Arts is a nonprofit organization situated in Minneapolis, Minnesota, specifically at 2600 East 38th Street. Established in 2001, the academy's mission is to educate children to become confident, creative, and competent citizens. This is achieved by nurturing the whole child, encompassing their social, emotional, academic, and artistic growth. The academy serves students from kindergarten to eighth grade at two locations. The primary location has been its home since its inception and now accommodates students from grades K-8. The academy expanded to its second location in 2019-2021, catering to students in grades 2-8th. The learning process at Friendship Academy of the Arts is enriched through arts, which include dance, music, theater, literature, media, and visual arts. The academy employs a team of 82 individuals dedicated to fostering lifelong learners and well-rounded individuals.
Official website here: www.friendshipacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating
Friendship Academy Of The Arts has earned a Three-Star rating from Charity Navigator, primarily based on its solid performance in Accountability & Finance, with a score of 81%. This indicates a commendable level of transparency and effective financial management, demonstrating the organization’s commitment to responsible stewardship of its resources.
The organization boasts a strong governance structure, with 85% of its board members being independent, ensuring diverse perspectives and reducing conflicts of interest. Additionally, they have comprehensive policies in place, including conflict of interest and whistleblower policies, which enhances their operational integrity. The Program Expense Ratio of 80.08% indicates that a significant portion of their expenditures is directed towards their programs, further reflecting their mission-driven focus.
While the organization showcases strong financial accountability, some may seek to understand more about its programmatic impact and outreach. Future assessments may benefit from additional data on program outcomes to provide a fuller picture of their effectiveness in achieving their mission. Overall, the rating reflects a responsible and well-governed organization.
This AI summary has been generated from information found on Charity Navigator.
Is Friendship Academy Of The Arts legitimate?
Friendship Academy Of The Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship Academy Of The Arts 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: $230,092
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,570,422
For more financial information, click here
Official website here: www.friendshipacademy.org
What is the mission statement of Friendship Academy Of The Arts?
The Friendship Academy of the Arts' mission is centered around educating children to become confident, creative, and competent citizens. This is achieved by empowering learners to find meaning and understanding through various artistic mediums, such as dance, music, theater, literature, media, and visual arts. The academy aims to foster lifelong learners by developing the whole child, encompassing social, emotional, academic, and artistic growth. The academy serves students from grades K-8 at two different locations, fostering their development since its establishment in 2001.
Official website here: www.friendshipacademy.org
Who is the CEO of Friendship Academy Of The Arts?
Anaysia Joseph is the Board Chair of Friendship Academy Of The Arts.
Official website here: www.friendshipacademy.org
What is the revenue of Friendship Academy Of The Arts?
Friendship Academy Of The Arts's revenue in 2022 was $5,476,614.
Official website here: www.friendshipacademy.org
Who are the executives of Friendship Academy Of The Arts and what are their salaries?
The average compensation at Friendship Academy Of The Arts during 2022 was $34,153. There are 82 employees and 21 volunteers at Friendship Academy Of The Arts.
Here are 9 key members and their salaries:
- Compensation: $0
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- Other: $0
- Compensation: $61,242
- Related: $0
- Other: $9,178
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $38,545
- Related: $0
- Other: $5,600
- Compensation: $0
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- Other: $0
- Compensation: $57,780
- Related: $0
- Other: $9,853
- Compensation: $17,539
- Related: $0
- Other: $2,110
Official website here: www.friendshipacademy.org
Where can I find the form 990 for Friendship Academy Of The Arts?
Friendship Academy Of The Arts's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.friendshipacademy.org
Learn more at the official website: www.friendshipacademy.org
Mission Statement of Friendship Academy Of The Arts
Friendship Academy of the Arts, a nonprofit organization, is committed to educating children to become confident, creative, and competent citizens. This is achieved by empowering learners to find meaning and understanding through various arts disciplines, such as dance, music, theater, literature, media, and visual arts. By nurturing the whole child socially, emotionally, academically, and artistically, the academy aims to develop lifelong learners. The academy serves students from grades K-8 at two different locations, fostering an environment that encourages personal growth and artistic expression.
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Impact
October, 2024
Friendship Academy of the Arts empowers students to become confident, creative, and competent citizens by fostering their growth socially, emotionally, academically, and artistically. By offering an engaging educational experience, the academy cultivates lifelong learners who are capable of finding meaning and understanding in various forms of artistic expression, including dance, music, theater, literature, media, and visual arts.
Serving children in grades K-8 in Minneapolis, Friendship Academy has had a significant impact since its founding in 2001. Through its dedication to holistic development, the academy ensures that students not only excel academically but also thrive as individuals, building skills and confidence that resonate beyond the classroom. The focus on the arts as a vital component of education allows students to explore their creativity, express themselves, and develop critical thinking skills essential for their future.
Overall, the impact of Friendship Academy of the Arts is profound: it nurtures well-rounded scholars who are prepared to navigate the complexities of life, equipped with the knowledge, skills, and artistic sensibilities to contribute positively to their communities.
This information is meant to be a general summary of Friendship Academy Of The Arts. 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: $8
- Program Service Revenue: $4,708
- Gross Receipts: $5,480,384
Assets and Liabilities:
- Total Assets: $3,429,335
- Total Liabilities: $4,436,354
- Net Assets: -$1,007,019
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FROM PATRONS
Revenue
$4,708
Organization Details
Founding Year
2001
Phone
(612) 879-6703Principal Officer
Anaysia Joseph
Main Address
2600 EAST 38TH STREET, MINNEAPOLIS, MN, 55406
Website
www.friendshipacademy.orgNTEE Category
Code: B29 - Education
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