Overview
What is Art Neo?
Art Neo is a distinguished nonprofit organization, established in 1984 in Cleveland, Ohio, by local artists, patrons, and collectors. Its primary mission is to preserve, research, collect, and exhibit significant visual art from the Northeast region. Art Neo has grown to become a leading center for Northeast Ohio's artistic community due to its substantial collecting initiatives and commitment to creative exhibition planning and educational outreach. Central to their mission is the priority of conceptualizing stimulating exhibitions, educational programming, and scholarly publications, thereby showcasing a broad spectrum of artistic excellence in the region. The organization's headquarters can be found at 1305 W 80TH ST SUITE 16, Cleveland, OH 44102.
Official website here: www.artneo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Art Neo has achieved a Three-Star rating from Charity Navigator, reflecting a strong focus on accountability and finance. The charity scored well in several key areas, including an independent board with 80% of its members being independent and maintaining no diversion of assets. The organization also demonstrated a solid program expense ratio of 75.34%, indicating effective use of its resources towards its mission.
However, there are notable limitations in Art Neo's governance practices. The charity lacks several important policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These omissions have negatively impacted its overall score, despite its strengths in other areas. The absence of these policies could raise concerns about transparency and risk management within the organization.
Overall, Art Neo demonstrates a commitment to financial accountability and responsible governance, yet improvements in its policy framework could enhance its operational effectiveness and stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Art Neo legitimate?
Art Neo is a legitimate nonprofit organization registered as a 501(c)(3) entity. Art Neo 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: $0
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Official website here: www.artneo.org
What is the mission statement of Art Neo?
Art Neo, established in 1984, was initiated by local artists, patrons, and collectors who recognized the necessity of an organization that would preserve, research, collect, and exhibit the most significant visual art from the Northeast region. Over the years, Art Neo has evolved into a prominent center for art in Northeast Ohio, primarily due to its substantial collecting initiative and unwavering commitment to creative exhibition planning and educational outreach. Central to Art Neo's mission is its priority to conceive stimulating exhibitions, educational programming, and scholarly publications, thereby embracing the range of artistic excellence in the region.
Official website here: www.artneo.org
Who is the CEO of Art Neo?
John Wasko is the Secretary of Art Neo.
Official website here: www.artneo.org
What is the revenue of Art Neo?
Art Neo's revenue in 2022 was $48,859.
Official website here: www.artneo.org
Who are the executives of Art Neo and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.artneo.org
Where can I find the form 990 for Art Neo?
Art Neo's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.artneo.org
Learn more at the official website: www.artneo.org
Mission Statement of Art Neo
Art Neo, established in 1984 by local artists, patrons, and collectors in Cleveland, recognized the necessity of an organization that would preserve, research, collect, and exhibit the most significant visual art of the Northeast region. Over the years, Art Neo has evolved into the leading center for art in Northeast Ohio, primarily due to its substantial collecting initiative and dedication to creative exhibition planning and educational outreach. Central to Art Neo's commitment to embracing artistic excellence in this region is its focus on conceiving stimulating exhibitions, educational programming, and scholarly publications. By prioritizing these elements, Art Neo has established itself as a vital force in the preservation and promotion of visual art in the Northeast region.
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Impact
August, 2024
Art Neo's impact lies in its pivotal role as a premier center for the art of Northeast Ohio. Founded in 1984 by Cleveland-based artists, patrons, and collectors, Art Neo has dedicated itself to preserving, researching, collecting, and exhibiting the most significant visual art of the region. By championing the artistic excellence of Northeast Ohio through stimulating exhibitions, educational programming, and scholarly publications, Art Neo has not only enriched the cultural landscape but also fostered a vibrant artistic community. Through its commitment to showcasing the diverse talents of local artists, Art Neo has become a vital hub for arts appreciation and engagement in Cleveland and beyond.
This information is meant to be a general summary of Art Neo. 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: $13,495
- Gross Receipts: $48,859
Assets and Liabilities:
- Total Assets: $845,967
- Total Liabilities: $35,500
- Net Assets: $810,467
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD/BAR SALES
Revenue
$13,495
Organization Details
Founding Year
1984
Phone
(216) 227-9507Principal Officer
John Wasko
Main Address
1305 W 80TH ST SUITE 16, CLEVELAND, OH, 44102
Website
www.artneo.orgNTEE Category
Code: A510 - Arts
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