Overview
What is Puerto Rican Arts Alliance?
The Puerto Rican Arts Alliance, located at 3000 N Elbridge Ave, Chicago, IL 60618, is a nonprofit organization dedicated to fostering cultural understanding and bridging intergenerational gaps. Primarily serving low-income youth and their families, the alliance utilizes music and arts as a medium to achieve its objectives. This Chicago-based organization is deeply committed to preserving and celebrating the cultural traditions of Puerto Rico, showcasing these through various artistic and educational programs. With a workforce of 10 dedicated individuals, the Puerto Rican Arts Alliance strives to enrich the community and promote cultural exchange.
Official website here: www.praachicago.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Puerto Rican Arts Alliance has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The score is derived entirely from its Accountability & Finance metrics, which emphasize the organization's responsible management of resources and adherence to best practices in governance.
Key strengths of the organization include a fully independent board, with 100% of its members free from conflicts of interest, along with a robust financial oversight framework. The organization demonstrates a high program expense ratio of 82.92%, indicating that a substantial portion of its funds is directed towards fulfilling its mission and supporting the arts in the Puerto Rican community.
While the data highlights significant strengths, there are no noted limitations. The high scores across various accountability metrics suggest that stakeholders can trust the Puerto Rican Arts Alliance to utilize its resources effectively and ethically.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Puerto Rican Arts Alliance?
92% of 268 reviewers on Facebook recommend the Puerto Rican Arts Alliance. Here is a summary of their reviews:
Many reviewers express a strong appreciation for the cultural celebrations and vibrant events hosted by the organization. They commend the nonprofit for its dedication to highlighting the richness of Puerto Rican heritage and arts, calling attention to the joy and community spirit these events foster.
Additionally, patrons highlight the inclusive atmosphere and the positive impact the Alliance has on both participants and the broader community. Overall, it appears that the organization effectively delivers on its mission, earning the support and enthusiasm of those who engage with its programs.
This AI summary has been generated from reviews found on Facebook.
Is Puerto Rican Arts Alliance legitimate?
Puerto Rican Arts Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Puerto Rican Arts Alliance 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: $125,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $419,752
For more financial information, click here
Official website here: www.praachicago.org
What is the mission statement of Puerto Rican Arts Alliance?
The Puerto Rican Arts Alliance is committed to fostering and upholding the cultural traditions of Puerto Rico. They achieve this goal through a combination of artistic and educational programs. The organization's primary focus is on low-income youth and their families, utilizing music and arts as a medium to promote cross-cultural and intergenerational understanding.
Official website here: www.praachicago.org
Who is the CEO of Puerto Rican Arts Alliance?
Carlos Hernandez is the Chair of Puerto Rican Arts Alliance.
Official website here: www.praachicago.org
What is the revenue of Puerto Rican Arts Alliance?
Puerto Rican Arts Alliance's revenue in 2022 was $2,540,329.
Official website here: www.praachicago.org
Who are the executives of Puerto Rican Arts Alliance and what are their salaries?
The average compensation at Puerto Rican Arts Alliance during 2022 was $54,475. There are 10 employees and 163 volunteers at Puerto Rican Arts Alliance.
Here are 12 key members and their salaries:
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- Compensation: $126,914
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Official website here: www.praachicago.org
Where can I find the form 990 for Puerto Rican Arts Alliance?
Puerto Rican Arts Alliance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.praachicago.org
Learn more at the official website: www.praachicago.org
Mission Statement of Puerto Rican Arts Alliance
The Puerto Rican Arts Alliance, or PRAAS, is committed to promoting and upholding the cultural heritage of Puerto Rico. They achieve this through the implementation of artistic and educational programs. The organization's mission is to foster an appreciation and understanding of Puerto Rican traditions among various audiences, particularly low-income youth and their families. PRAAS utilizes music and arts as a medium to bridge cultural gaps and fostering intergenerational connections.
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Impact
October, 2024
The Puerto Rican Arts Alliance significantly enriches the cultural landscape of Chicago by promoting and supporting the artistic traditions of Puerto Rico. Through its diverse programs, it serves primarily low-income youth and their families, utilizing music and the arts as transformative tools to foster cross-cultural and inter-generational understanding. By providing accessible artistic and educational opportunities, it empowers participants to connect with their heritage while also engaging with the broader community. This impact not only nurtures cultural pride but also encourages dialogue and collaboration among diverse populations, reinforcing the importance of cultural exchange and appreciation.
This information is meant to be a general summary of Puerto Rican Arts Alliance. 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: $672
- Program Service Revenue: $336,792
- Gross Receipts: $2,540,329
Assets and Liabilities:
- Total Assets: $5,828,545
- Total Liabilities: $799,967
- Net Assets: $5,028,578
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CUATRO FESTIVAL
Revenue
$213,011
PROGRAM SERVICES
Revenue
$123,781
Organization Details
Founding Year
1996
Principal Officer
Carlos Hernandez
Main Address
3000 N ELBRIDGE AVE, CHICAGO, IL, 60618
Website
www.praachicago.orgNTEE Category
Code: A230 - Arts
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