Overview
What is 3Arts Inc?
3Arts Inc, established in 1912, is a Chicago-based nonprofit organization with a focus on empowering local artists in the performing, teaching, and visual arts fields. The organization, situated at 200 West Madison Street Floor 3, Chicago, IL 60606, offers generous support to artists, particularly women, artists of color, and those with disabilities. By providing unrestricted grants of $30,000 annually to 10 artists and further funding for projects, residencies, and professional development, 3Arts encourages artistic growth and risk-taking. Past 3Arts Award recipients can secure additional $50,000 grants during crucial stages of their careers. 3Arts also fosters artist-to-artist collaborations through their Make a Wave program, providing smaller grants to selected artists. With a dedicated team of 5 individuals, 3Arts fosters a vibrant and inclusive artistic community in the Chicago metropolitan area.
Official website here: www.3arts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 95% - Four-Star out of Four Star Rating
3Arts Inc has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a score of 95% in both Accountability & Finance and Culture & Community, the organization demonstrates a strong commitment to transparency and effective governance. The majority of its board members are independent, showcasing its dedication to ethical oversight and decision-making.
The nonprofit excels in various metrics, including a program expense ratio of 87.77%, which means a significant portion of its resources is allocated to programs directly benefiting its constituents. It also boasts an outstanding fundraising efficiency ratio, with only $0.08 spent to raise a dollar, highlighting its effectiveness in resource management. Additionally, 3Arts Inc has shown exceptional performance in collecting and utilizing constituent feedback, achieving perfect scores in various feedback-related aspects.
While 3Arts Inc has strong equity strategies, there are minor areas for improvement in its equity data and policies, scoring slightly lower in those categories. Despite this, the organization’s overall performance reflects a robust framework for fostering community engagement and supporting its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about 3Arts Inc?
96% of 25 reviewers on Facebook recommend 3Arts Inc. Here is a summary of their reviews:
Many individuals express deep appreciation for the organization, highlighting its positive impact on the community. One reviewer described it as a "blessing" for both themselves and countless others, emphasizing the support and services offered by 3Arts Inc. This sentiment reflects a strong alignment with the nonprofit's mission and objectives.
Overall, it’s clear that the organization has successfully fostered a positive reputation among those it serves, with users praising its contributions and the meaningful experiences it provides. The consensus indicates that 3Arts Inc. lives up to its commitments and effectively enhances the lives of those in its community.
This AI summary has been generated from reviews found on Facebook.
Is 3Arts Inc legitimate?
3Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 3Arts Inc 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: $302,837
Professional Fundraising Fees: $0
Other Salaries and Wages: $158,030
For more financial information, click here
Official website here: www.3arts.org
What is the mission statement of 3Arts Inc?
3Arts Inc, established in 1912, is a nonprofit organization that focuses on supporting artists in the Chicago metropolitan area, particularly those working in the performing, teaching, and visual arts. The organization has a special commitment to women artists, artists of color, and Deaf and disabled artists. Through the provision of unrestricted awards, project funding, residencies, professional development, and promotion, 3Arts aims to encourage artists to take risks, explore new ideas, and sustain their careers over time. The mission of 3Arts Inc is to empower these artists, allowing them to experiment, innovate, and gain momentum in their respective fields.
Official website here: www.3arts.org
Who is the CEO of 3Arts Inc?
Esther Grimm is the Executive Director of 3Arts Inc.
Official website here: www.3arts.org
What is the revenue of 3Arts Inc?
3Arts Inc's revenue in 2022 was $2,443,688.
Official website here: www.3arts.org
Who are the executives of 3Arts Inc and what are their salaries?
The average compensation at 3Arts Inc during 2022 was $92,173. There are 5 employees at 3Arts Inc.
Here are 22 key members and their salaries:
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- Other: $3,960
Official website here: www.3arts.org
Where can I find the form 990 for 3Arts Inc?
3Arts Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.3arts.org
Learn more at the official website: www.3arts.org
Mission Statement of 3Arts Inc
3Arts Inc, established in 1912, is a distinguished nonprofit organization that has a rich history of supporting artists in the Chicago metropolitan area. With a focus on artists working in the performing, teaching, and visual arts, the organization extends its support to women artists, artists of color, and Deaf and disabled artists. The mission of 3Arts Inc is multifaceted and comprehensive, aiming to empower these artists by providing them with various resources.
Firstly, 3Arts Inc offers unrestricted awards and project funding to artists. These resources enable artists to take risks and experiment with their work, fostering creativity and innovation. By providing these funds without any specific stipulations, the organization allows artists to pursue their passions and ideas freely.
Secondly, 3Arts Inc offers residencies and professional development opportunities to artists. These programs provide artists with the time and space to focus on their work, as well as the resources and training necessary to build their careers. By offering these opportunities, 3Arts Inc helps artists build momentum in their careers and gain recognition in the arts community.
Lastly, 3Arts Inc promotes artists through various platforms. This promotion helps artists gain visibility and reach wider audiences, which can lead to further opportunities and recognition. By supporting artists in this way, 3Arts Inc plays a vital role in nurturing and showcasing talent in the Chicago metropolitan area.
In summary, 3Arts Inc, founded in 1912, is a nonprofit organization that supports artists working in the performing, teaching, and visual arts in the Chicago metropolitan area. By providing unrestricted awards, project funding, residencies, professional development, and promotion, the organization helps artists take risks, experiment, and build momentum in their careers over time.
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Impact
October, 2024
3Arts Inc significantly impacts the arts landscape in the Chicago metropolitan area by empowering diverse artists across various disciplines. Founded in 1912 with a focus on women artists, it champions inclusivity by supporting artists of color, as well as Deaf and disabled artists. Through its robust programs, 3Arts provides essential financial support such as unrestricted grants and project funding, enabling artists to take risks and explore new creative avenues.
The 3Arts Awards are a cornerstone of its impact, offering substantial $30,000 grants to ten selected artists annually, chosen by esteemed national jury panels. This financial backing not only bolsters the recipients' artistic endeavors but also serves as a gateway to further support, including professional development and residency opportunities. The initiative fosters a culture of giving and mentorship through the "Make a Wave" program, wherein awardees identify and support additional emerging artists with $2,000 grants.
Furthermore, the Next Level Awards provide an essential $50,000 grant to past recipients at pivotal moments in their careers, demonstrating a commitment to ongoing support and growth. Overall, 3Arts Inc plays a crucial role in nurturing artistic talent, facilitating experimentation and innovation within the arts, and ultimately enriching the cultural fabric of Chicago.
This information is meant to be a general summary of 3Arts Inc. 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: $431,779
- Gross Receipts: $4,219,323
Assets and Liabilities:
- Total Assets: $10,762,335
- Total Liabilities: $17,040
- Net Assets: $10,745,295
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Organization Details
Founding Year
1912
Phone
(312) 443-9621Principal Officer
Esther Grimm
Main Address
200 West Madison Street Floor 3, Chicago, IL, 60606
Website
www.3arts.orgNTEE Category
Code: A99 - Arts
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