Overview
What is Beverly Arts Center?
The Beverly Arts Center, situated in the south side of Chicago, Illinois, is a vibrant community art center. It serves as a hub for artistic development, offering a wide range of programs. These include its school of arts, dance studio, performances for both adults and children, special events, and educational outreach. Its mission is to foster a diverse and inclusive artistic environment, catering to individuals of all ages and skill levels. With a dedicated team of 29 employees, the center strives to enrich the local community by providing high-quality arts programming and entertainment.
Official website here: www.beverlyartcenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Beverly Arts Center has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial management. This rating is based entirely on their accountability and finance score, which stands at 96%. The charity demonstrates effective governance with a fully independent board, ensuring that decision-making is free from conflicts of interest, and maintains comprehensive policies for transparency and oversight.
Strengths of the Beverly Arts Center include a high program expense ratio of 74.45%, which reflects their dedication to channeling resources toward their artistic and community initiatives. Their financial practices are further bolstered by a solid audit and oversight committee, as well as a low liabilities to assets ratio of 14.28%. This indicates a stable financial position and prudent management of resources, which fosters trust among donors and stakeholders.
While the data highlights significant strengths, it's essential for potential donors to consider the overall impact of the Center's programs in addition to its financial metrics. The focus on accountability and governance is commendable, but the effectiveness of their arts initiatives can also be a key factor in determining the organization's overall value to the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Beverly Arts Center legitimate?
Beverly Arts Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beverly Arts Center 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $540,342
For more financial information, click here
Official website here: www.beverlyartcenter.org
What is the mission statement of Beverly Arts Center?
The Beverly Arts Center, functioning as a community hub in an unspecified location, fosters a sense of unity through diverse, high-quality arts programming, education, and entertainment catering to individuals of all ages and skill levels. The organization's mission is realized through various avenues, such as its school of arts, dance studio, and performance programming for both adults and children. Additionally, special events and education outreach initiatives are integral parts of their mission, all aimed at enriching the local community.
Official website here: www.beverlyartcenter.org
Who is the CEO of Beverly Arts Center?
Stacey Recht is the President of Beverly Arts Center.
Official website here: www.beverlyartcenter.org
What is the revenue of Beverly Arts Center?
Beverly Arts Center's revenue in 2022 was $1,911,443.
Official website here: www.beverlyartcenter.org
Who are the executives of Beverly Arts Center and what are their salaries?
The average compensation at Beverly Arts Center during 2022 was $18,632. There are 29 employees and 20 volunteers at Beverly Arts Center.
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Official website here: www.beverlyartcenter.org
Where can I find the form 990 for Beverly Arts Center?
Beverly Arts Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.beverlyartcenter.org
Learn more at the official website: www.beverlyartcenter.org
Mission Statement of Beverly Arts Center
The Beverly Arts Center, as a dynamic community organization, is dedicated to fostering unity through diverse, high-quality artistic programming, education, and entertainment suitable for all ages and skill levels. Situated in its mission, the Beverly Arts Center aims to construct a cohesive community by offering a multitude of artistic opportunities, including its School of the Arts, a dance studio, adult and children's performance programming, special events, and educational outreach. Through these various platforms, the Beverly Arts Center serves as a catalyst for artistic growth and cultural exchange, creating an inclusive environment that encourages participation and appreciation for the arts.
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Impact
October, 2024
Beverly Arts Center significantly enriches the Beverly neighborhood and the broader Chicago community by offering diverse artistic programming and educational opportunities. Through its school of the arts and dance studio, the center nurtures creativity and talent in individuals of all ages, providing a space where both children and adults can explore their artistic potential.
The range of performance programming, special events, and educational outreach initiatives fosters a vibrant cultural environment that promotes artistic expression and engagement. By serving as a hub for the arts, Beverly Arts Center strengthens community ties, encourages collaboration among residents, and enhances the overall quality of life in the area. With a commitment to making the arts accessible to everyone, it empowers individuals and families to participate in and appreciate the transformative power of creativity, ultimately building a more connected and enriched community.
This information is meant to be a general summary of Beverly Arts Center. 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: $75
- Program Service Revenue: $1,023,937
- Gross Receipts: $1,994,710
Assets and Liabilities:
- Total Assets: $7,922,768
- Total Liabilities: $934,132
- Net Assets: $6,988,636
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Outreach
Revenue
$506,251
Tuition-School of arts
Revenue
$385,961
Live performances
Revenue
$126,959
Gallery Sales
Revenue
$4,266
Performance rental
Revenue
$500
Organization Details
Founding Year
1967
Phone
(773) 445-3838Principal Officer
Stacey Recht
Main Address
2407 West 111th Street, Chicago, IL, 60655
Website
www.beverlyartcenter.orgNTEE Category
Code: A200 - Arts
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