Overview
What is Grantmakers In The Arts?
Grantmakers In The Arts, headquartered in Bronx, New York, serves as a prominent network for private, public, and corporate arts funders. Its mission is to advance the application of philanthropic and governmental resources to foster the expansion of arts and culture. This organization provides leadership and services, playing a crucial role in shaping the direction of arts funding. They host an annual national conference, inviting attendees from various arts funders across the country. The conference offers insightful sessions, addressing best practices, funding trends, and current successful programs. Keynote speakers and artists contribute to the event, delivering inspirational and educational presentations. The conference takes place in different cities each year, with sessions extending to local arts venues for increased impact. The 2022 conference, held in New York City, marked a significant milestone as it was the first in-person event since the beginning of the pandemic. Grantmakers In The Arts employs a team of 11 dedicated individuals.
Official website here: www.giarts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Grantmakers In The Arts has received a high Four-Star rating from Charity Navigator, reflecting strong performance in accountability and financial health. With an impressive score of 97 in the Accountability & Finance category, the organization demonstrates transparency and effective governance, underscored by a fully independent board and comprehensive financial oversight.
The organization excels in several key areas, including a high program expense ratio of 75.30%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, its fundraising efficiency is commendable, with only $0.10 spent to raise each dollar, showcasing effective resource management.
No significant limitations were noted in the data, as the organization maintains stringent policies regarding conflict of interest, whistleblower protections, and document retention. This strong framework contributes to its overall credibility and trustworthiness as a nonprofit organization dedicated to supporting the arts.
This AI summary has been generated from information found on Charity Navigator.
Is Grantmakers In The Arts legitimate?
Grantmakers In The Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grantmakers In 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: $446,610
Professional Fundraising Fees: $0
Other Salaries and Wages: $549,718
For more financial information, click here
Official website here: www.giarts.org
What is the mission statement of Grantmakers In The Arts?
Grantmakers In The Arts, as a national network, serves to advance the utilization of philanthropic and governmental resources to foster the growth of arts and culture. This is achieved through leadership and service, with a focus on private, public, and corporate arts funders. The organization's mission is to provide a platform for the exchange of best practices, funding trends, and successful programs, while addressing unique philanthropic challenges in the arts sector. They accomplish this through educational sessions at their annual conference, which invites staff and boards of trustees from various arts funders. The conference features keynote speakers, artists, and local arts venues, aiming to inspire and educate attendees in different cities each year.
Official website here: www.giarts.org
Who is the CEO of Grantmakers In The Arts?
Edwin Torres is the President & Ceo of Grantmakers In The Arts. The CEO's salary of Grantmakers In The Arts is $154,253 and their total compensation is $187,727.
Official website here: www.giarts.org
What is the revenue of Grantmakers In The Arts?
Grantmakers In The Arts's revenue in 2022 was $3,617,000.
Official website here: www.giarts.org
Who are the executives of Grantmakers In The Arts and what are their salaries?
The average compensation at Grantmakers In The Arts during 2022 was $90,575. There are 11 employees and 26 volunteers at Grantmakers In The Arts.
Here are 24 key members and their salaries (Grantmakers In The Arts's CEO's salary is $154,253 and their total compensation is $187,727):
- Compensation: $154,253
- Related: $0
- Other: $33,474
- Compensation: $119,165
- Related: $0
- Other: $26,129
- Compensation: $103,097
- Related: $0
- Other: $10,491
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.giarts.org
Where can I find the form 990 for Grantmakers In The Arts?
Grantmakers In The Arts's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.giarts.org
Learn more at the official website: www.giarts.org
Mission Statement of Grantmakers In The Arts
Grantmakers In The Arts, often abbreviated as GIA, serves as a national network for private, public, and corporate arts funders. Its mission is to provide leadership and services that advance the utilization of philanthropic and governmental resources to foster the growth of arts and culture. GIA's role is crucial in guiding and supporting these funders, helping them make the most of their resources to encourage the development and expansion of the arts and cultural scene. The organization's activities and services are aimed at promoting best practices, addressing funding trends, and sharing information about successful programs and unique philanthropic challenges in the arts sector. GIA achieves this by organizing an annual national conference, inviting all staff and boards of trustees of arts funders to attend. The conference offers a variety of educational sessions, featuring keynote speakers and artists who inspire and educate attendees on various topics related to arts funding. The conference is held in different cities each year, ensuring a wider impact and allowing local arts venues to participate.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Grantmakers In The Arts (GIA) plays a pivotal role in shaping the landscape of arts funding across the United States. By fostering a national network of private, public, and corporate arts funders, GIA advances the strategic use of philanthropic and governmental resources to bolster the growth of arts and culture.
One of its significant contributions is the annual national conference, which serves as a dynamic platform for knowledge sharing among arts funders. The conference features a wide range of educational sessions focusing on best practices, funding trends, and the challenges unique to the philanthropic sector. Attendees benefit from insights shared by prominent keynote speakers and artists, enhancing their understanding and capacity to make impactful funding decisions. The diverse locations of the conference, such as its 2022 event in New York City, not only increase accessibility but also enrich the experience by connecting discussions to local arts communities.
Through its leadership and educational initiatives, GIA strengthens the capabilities of arts funders, promoting innovative approaches and effective strategies that ultimately enhance the sustainability and vibrancy of the arts sector nationwide.
This information is meant to be a general summary of Grantmakers In 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: $11,659
- Program Service Revenue: $358,760
- Gross Receipts: $3,617,000
Assets and Liabilities:
- Total Assets: $4,570,750
- Total Liabilities: $927,335
- Net Assets: $3,643,415
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE FEES
Revenue
$280,528
PROGRAM INCOME
Revenue
$78,232
Organization Details
Founding Year
1989
Phone
(929) 452-3740Principal Officer
Edwin Torres
Main Address
522 COURTLANDT AVENUE 1ST FLOOR, BRONX, NY, 10451
Website
www.giarts.orgNTEE Category
Code: A90 - Arts
If you are a representative of Grantmakers In The Arts and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.