Overview
What is The Chicago Academy For The Arts?
The Chicago Academy for the Arts is a distinguished nonprofit institution situated in Chicago, Illinois. It operates a private high school, providing both college-preparatory academic courses and pre-professional arts training in various disciplines. These artistic domains include dance, media arts, music, musical theatre, theatre, and visual arts, encompassing painting, drawing, and sculpture. The academy aims to foster emerging artists, nurturing their intellectual curiosity, critical thinking, and creativity, thereby equipping them with the skills to collaborate and lead within diverse communities. With a dedicated workforce of 102 individuals, the Chicago Academy for the Arts is committed to fostering a nurturing environment that blends academia and artistry.
Official website here: www.chicagoacademyforthearts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Chicago Academy For The Arts has achieved a remarkable 96% score, which translates to a Four-Star rating on Charity Navigator, indicating a high level of accountability and financial health. This score is exclusively derived from the charity's performance in the Accountability & Finance beacon, highlighting its strong governance and fiscal responsibility. The organization has demonstrated excellence in several key areas, including having a fully independent board and maintaining robust financial oversight.
Strengths include the presence of a majority independent board, comprehensive financial audits, and effective policies in place for conflict of interest and whistleblower protection. The Academy's commitment to transparency is further reflected in its practice of publicly listing board meeting minutes and maintaining a favorable liabilities to assets ratio. The high program expense ratio of 74.53% suggests that a significant portion of its budget is allocated directly to its mission-driven activities.
While the available data showcases strong governance and financial practices, some potential limitations have not been noted, as the summary focuses primarily on the positive aspects of the organization. Overall, The Chicago Academy For The Arts stands out for its commitment to responsible management and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Chicago Academy For The Arts?
94% of 263 reviewers on Facebook recommend The Chicago Academy For The Arts. Here is a summary of their reviews:
Many alumni express deep appreciation for their experiences at the Academy, highlighting the high quality of education and the supportive environment provided by the teachers. One graduate fondly reminisced about the incredible impact the Academy had on their life, noting it as the best educational gift their parents could have given. This sentiment is echoed across other reviews, where past students feel grateful for the opportunities and skills they gained during their time at the institution.
Overall, there is a strong sense of satisfaction among those who have attended the Academy, indicating that it successfully meets the educational needs of its students. The positive memories and lasting connections formed during their studies contribute to the Academy's esteemed reputation among alumni.
This AI summary has been generated from reviews found on Facebook.
Is The Chicago Academy For The Arts legitimate?
The Chicago Academy For The Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Chicago Academy For 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: $169,979
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,543,676
For more financial information, click here
Official website here: www.chicagoacademyforthearts.org
What is the mission statement of The Chicago Academy For The Arts?
The Chicago Academy for the Arts transforms emerging artists by integrating intellectual curiosity, critical thinking, and creativity into its curriculum and culture. This approach equips students with the necessary skills to lead and collaborate effectively across diverse communities. The academy operates as a private high school, offering college-preparatory academic classes and pre-professional arts training in various disciplines, including dance, media arts, music, musical theatre, theatre, and visual arts. Its goal is to prepare students to excel in their chosen artistic fields and contribute positively to the broader artistic community.
Official website here: www.chicagoacademyforthearts.org
What is the revenue of The Chicago Academy For The Arts?
The Chicago Academy For The Arts's revenue in 2023 was $5,922,251.
Official website here: www.chicagoacademyforthearts.org
Who are the executives of The Chicago Academy For The Arts and what are their salaries?
The average compensation at The Chicago Academy For The Arts during 2023 was $28,267. There are 96 employees at The Chicago Academy For The Arts.
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- Compensation: $141,786
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- Other: $9,007
Official website here: www.chicagoacademyforthearts.org
Where can I find the form 990 for The Chicago Academy For The Arts?
The Chicago Academy For The Arts's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.chicagoacademyforthearts.org
Learn more at the official website: www.chicagoacademyforthearts.org
Mission Statement of The Chicago Academy For The Arts
The Chicago Academy for the Arts transforms emerging artists by integrating intellectual curiosity, critical thinking, and creativity into its curriculum and culture. This approach equips students with the skills necessary to lead and collaborate across diverse communities. Through its private high school, the academy offers college-preparatory academic classes and pre-professional arts training in various disciplines, including dance, media arts, music, musical theatre, theatre, and visual arts. The academy's mission is to nurture young artists, fostering their growth and preparing them for success in their chosen fields, while also promoting collaboration and understanding among different communities.
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Impact
October, 2024
The Chicago Academy for the Arts transforms emerging artists through a comprehensive curriculum that marries intellectual curiosity, critical thinking, and creativity. By offering a private high school environment, students receive both college-preparatory academic classes and pre-professional arts training in various disciplines, including dance, media arts, music, musical theatre, theatre, and visual arts.
This integration fosters a unique culture where skills such as leadership and collaboration are emphasized, encouraging students to engage with diverse communities. The Academy not only nurtures artistic talents but also shapes students into well-rounded individuals equipped for future success. The educational experience cultivates a deep understanding of the arts while simultaneously preparing students for higher education and professional opportunities in their chosen fields. Through this holistic approach, The Chicago Academy for the Arts significantly impacts students' personal and professional development, ultimately enriching the broader cultural landscape.
This information is meant to be a general summary of The Chicago Academy For 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 2023.
- Investment Income: $37,580
- Program Service Revenue: $4,159,943
- Gross Receipts: $6,523,836
Assets and Liabilities:
- Total Assets: $2,625,140
- Total Liabilities: $680,028
- Net Assets: $1,945,112
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$3,906,886
OTHER PROGRAM FEES
Revenue
$253,057
Organization Details
Founding Year
1980
Principal Officer
Jason Patera
NTEE Category
Code: A25 - Arts
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