Overview
What is Cleveland Art Association?
The Cleveland Art Association, based in Cleveland, Ohio, is a dedicated nonprofit organization that plays a significant role in fostering the visual arts within the local community. Established in 1915, its primary goal is to promote and encourage artistic growth. The association achieves this by providing support to the renowned Cleveland Institute of Art, offering scholarships to enrolled students. Their commitment to nurturing talent extends beyond financial aid, as they also engage in the purchase, lending, and sale of artworks created by Northeast Ohio artists. This enables the association to share and celebrate local artistic heritage through an annual loan program. In essence, the Cleveland Art Association serves as a pillar for the visual arts in Greater Cleveland, empowering aspiring artists and preserving regional artistic expression.
Official website here: www.clevelandartassociation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating. This score indicates a moderate level of accountability and finance management for the Cleveland Art Association. The rating is derived entirely from the Accountability & Finance beacon, reflecting how well the organization adheres to best practices in these areas.
The Cleveland Art Association demonstrates several strengths, including having a fully independent board with 19 members, which earns it top marks for board independence. Additionally, the organization shows a solid commitment to financial health with a program expense ratio of 79.59%, indicating that a significant portion of its expenditures is directed towards its mission-related activities. The absence of material diversion of assets further enhances its financial integrity.
However, there are notable limitations in the accountability practices of the Cleveland Art Association. The lack of a conflict of interest policy, whistleblower policy, and document retention and destruction policy points to areas where the organization could improve its governance framework. Addressing these gaps could strengthen transparency and accountability moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Cleveland Art Association legitimate?
Cleveland Art Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cleveland Art Association 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: $5,205
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.clevelandartassociation.org
What is the mission statement of Cleveland Art Association?
The Cleveland Art Association, established in 1915, is committed to promoting and fostering the visual arts within the Greater Cleveland community. It accomplishes this mission in two key ways. Firstly, the organization maintains a collection of over 200 artworks created by local artists, which it lends out annually to its members. Secondly, the Cleveland Art Association supports the artistic endeavors of students at the Cleveland Institute of Art by granting annual tuition scholarships. These scholarships are funded through the association's endowed scholarship funds, earnings from the sale of artwork in its collection, and membership dues.
Official website here: www.clevelandartassociation.org
Who is the CEO of Cleveland Art Association?
Mity Fowler is the Co-President of Cleveland Art Association.
Official website here: www.clevelandartassociation.org
What is the revenue of Cleveland Art Association?
Cleveland Art Association's revenue in 2022 was $54,508.
Official website here: www.clevelandartassociation.org
Who are the executives of Cleveland Art Association and what are their salaries?
There 25 volunteers at Cleveland Art Association.
Here are 23 key members and their salaries:
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Official website here: www.clevelandartassociation.org
Where can I find the form 990 for Cleveland Art Association?
Cleveland Art Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.clevelandartassociation.org
Learn more at the official website: www.clevelandartassociation.org
Mission Statement of Cleveland Art Association
The Cleveland Art Association, established in 1915, is dedicated to fostering and nurturing the visual arts scene within the Greater Cleveland community. The organization achieves this mission in two significant ways. Firstly, it boasts a collection of over 200 art pieces, all created by artists hailing from Northeast Ohio. This collection serves as a valuable resource, as the association lends these artworks to its members annually, thereby providing them with an opportunity to engage with and appreciate local artistic talent.
Secondly, the Cleveland Art Association is deeply committed to supporting the next generation of artists. It accomplishes this by offering annual scholarships to students enrolled at the renowned Cleveland Institute of Art. These scholarships are funded through various sources, including income derived from the association's endowed scholarship funds, sales of artwork from its collection, and membership dues. In this way, the Cleveland Art Association plays a crucial role in nurturing the artistic talents of the community's future creative minds.
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Impact
August, 2024
The Cleveland Art Association's impact is significant in promoting and supporting the visual arts in the Greater Cleveland community. It achieves this by owning a collection of over 200 works of art by Cleveland area artists, which are made available through an annual loan program to its members. Additionally, the association provides support to students of the Cleveland Institute of Art by funding annual scholarships. Through these initiatives, the Cleveland Art Association plays a crucial role in nurturing artistic talent and enriching the local arts scene in Northeast Ohio.
This information is meant to be a general summary of Cleveland Art Association. 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: $18,092
- Gross Receipts: $172,615
Assets and Liabilities:
- Total Assets: $964,358
- Total Liabilities: $51,436
- Net Assets: $912,922
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Organization Details
Founding Year
1915
Phone
(216) 299-0835Principal Officer
Mity Fowler
Main Address
11610 Euclid Ave, Cleveland, OH, 44106
NTEE Category
Code: A99Z - Arts
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