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Little Black Pearl Workshop

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363994059 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Little Black Pearl Workshop?

Little Black Pearl Workshop is a nonprofit organization situated in Chicago, Illinois, specifically at 1060 E 47th Street. Their primary objective is to provide inner-city youth with exposure to art and culture, while simultaneously teaching them the profitable connection between art, education, and business. They achieve this by creating opportunities for both youth and adults to deepen their creative involvement through the arts and cultivate their entrepreneurial skills. These skills are then utilized to foster economic empowerment and contribute to community transformation. With a workforce of 46 individuals, Little Black Pearl Workshop is dedicated to enriching and uplifting their community through artistic and business endeavors.


Official website here: www.blackpearl.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 94%

Little Black Pearl Workshop has earned an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in accountability and finance with a score of 94%. This high rating indicates that the organization effectively manages its resources and adheres to best practices in financial oversight. The charity has an independent board composed of 100% independent members, demonstrating a commitment to governance and transparency.

The organization excels in financial management, as evidenced by its outstanding scores in areas like the audit and oversight committee, conflict of interest policy, and overall material diversion of assets. Additionally, it maintains a high program expense ratio of 88.24%, ensuring that a significant portion of its funds directly supports its programs rather than administrative costs.

While the ratings highlight the charity's strengths, it is essential for potential donors and volunteers to remain informed about ongoing operations and community impact. Overall, Little Black Pearl Workshop's financial health and governance practices position it as a reputable nonprofit in its field.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Little Black Pearl Workshop?

90% of 70 reviewers on Facebook recommend Little Black Pearl Workshop. Here is a summary of their reviews:

Many participants express a strong appreciation for the positive atmosphere at the nonprofit, highlighting the "good vibes" and sense of community. The space is particularly praised for its focus on jazz, suggesting a vibrant cultural engagement that resonates with attendees.

Overall, users feel that Little Black Pearl Workshop successfully creates an enjoyable and welcoming environment, making it a favored spot for those looking to connect through music and art.


This AI summary has been generated from reviews found on Facebook.

Is Little Black Pearl Workshop legitimate?

Little Black Pearl Workshop is a legitimate nonprofit organization registered as a 501(c)(3) entity. Little Black Pearl Workshop 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: $172,031
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,192,199

For more financial information, click here


Official website here: www.blackpearl.org

What is the mission statement of Little Black Pearl Workshop?

The mission of Little Black Pearl Workshop is centered around providing opportunities for both youth and adults. It encourages a deeper engagement with the arts, fostering entrepreneurial skills, and utilizing art as a tool for economic empowerment and community transformation. The workshop aims to bridge the gap between art, education, and business, ultimately promoting self-sufficiency and positive community changes.


Official website here: www.blackpearl.org

Who is the CEO of Little Black Pearl Workshop?

Valarie Walker is the Executive Di of Little Black Pearl Workshop.


Official website here: www.blackpearl.org

What is the revenue of Little Black Pearl Workshop?

Little Black Pearl Workshop's revenue in 2022 was $2,895,640.


Official website here: www.blackpearl.org

Who are the executives of Little Black Pearl Workshop and what are their salaries?

The average compensation at Little Black Pearl Workshop during 2022 was $29,657. There are 46 employees at Little Black Pearl Workshop.


Here are 7 key members and their salaries:


Monica Haslip (Executive Di)
  • Compensation: $172,031
  • Related: $0
  • Other: $0
Terri Lyne Carrington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nona Hendryx (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Grant Mitchell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valarie Walker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Wright (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.blackpearl.org

Where can I find the form 990 for Little Black Pearl Workshop?

Little Black Pearl Workshop's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.blackpearl.org

Learn more at the official website: www.blackpearl.org

Mission Statement of Little Black Pearl Workshop

Little Black Pearl Workshop is committed to creating opportunities for both youth and adults to deepen their creative involvement through the arts. The organization's mission is to cultivate entrepreneurial skills among its participants and encourage the use of art as a means for economic empowerment and community transformation. By providing avenues for exposure to art and culture, Little Black Pearl Workshop aims to teach the profitable connection between art, education, and business. The ultimate goal is to foster personal growth and contribute to the betterment of the community.

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Impact




October, 2024

Little Black Pearl Workshop significantly impacts the community by fostering creative involvement among youth and adults through the arts. By providing avenues for exposure to art and culture, particularly for inner-city youth, it cultivates artistic expression and enhances understanding of the interconnectedness of art, education, and business. Participants not only deepen their creative skills but also develop entrepreneurial abilities, empowering them economically and transforming their communities. This holistic approach not only shapes individual lives but also contributes to broader community revitalization through the arts.




This information is meant to be a general summary of Little Black Pearl Workshop. 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.

Revenue
$2,895,640 (2022)
Expenses
$3,284,139 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9
  • Program Service Revenue: $396,368
  • Gross Receipts: $2,914,625

Assets and Liabilities:

  • Total Assets: $5,716,810
  • Total Liabilities: $7,848,977
  • Net Assets: -$2,132,167

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CAFE

Revenue

$396,368

Organization Details

Founding Year

1993

Principal Officer

Valarie Walker

Main Address

1060 E 47TH STREET, CHICAGO, IL, 60653

NTEE Category

Code: B99 - Education

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