Overview
What is The Art Center Association Of Sioux City?
The Art Center Association of Sioux City is a dedicated nonprofit organization that actively champions the arts. Their mission revolves around offering educational opportunities that stimulate creative expression, cultivate artistic skills, and instill an appreciation for the visual arts. This is achieved through a diverse range of classes, tours, and programs. Moreover, they lend their support to artists residing in Iowa and the broader Midwest region by showcasing their works in their permanent collection, which boasts pieces from both national and international artists.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (50%)
The Art Center Association of Sioux City has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its financial management and accountability. The overall score is based entirely on the Accountability & Finance beacon, where it scored 50%. While the organization has a fully independent board and has made strides in governance, such as having an audit committee and a documented conflict of interest policy, these strengths do not outweigh the financial performance metrics.
One notable issue is the organization's liabilities to assets ratio, which stands at 1.10%, suggesting potential financial instability. Additionally, the program expense ratio is at 49.72%, indicating that less than half of its expenses are directed towards its mission-related programs. This raises concerns about the efficiency of resource allocation and the overall sustainability of the organization.
Despite its governance strengths, the financial challenges highlighted in the rating may limit the Art Center Association's ability to effectively serve its community and fulfill its mission. Potential donors and supporters should carefully consider these factors when evaluating the organization's overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is The Art Center Association Of Sioux City legitimate?
The Art Center Association Of Sioux City is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Art Center Association Of Sioux City 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: $200,519
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What is the mission statement of The Art Center Association Of Sioux City?
The Art Center Association of Sioux City is dedicated to promoting the arts by offering educational opportunities that inspire creative expression, enhance artistic abilities, and cultivate an appreciation for visual arts. This is achieved through a range of classes, tours, and programs. Furthermore, the organization supports artists from Iowa and the wider Midwest by showcasing their works in its permanent collection, which features pieces by both national and international artists.
What is the revenue of The Art Center Association Of Sioux City?
The Art Center Association Of Sioux City's revenue in 2024 was $736,007.
Who are the executives of The Art Center Association Of Sioux City and what are their salaries?
The average compensation at The Art Center Association Of Sioux City during 2024 was $33,420. There are 6 employees and 800 volunteers at The Art Center Association Of Sioux City.
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Where can I find the form 990 for The Art Center Association Of Sioux City?
The Art Center Association Of Sioux City's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The Art Center Association Of Sioux City
The Art Center Association of Sioux City is dedicated to promoting the arts in a comprehensive manner. By offering educational opportunities, this non-profit organization encourages creative expression, fosters the development of artistic skills, and cultivates an appreciation for visual arts. This is accomplished through various classes, tours, and programs. Additionally, the association supports artists hailing from Iowa and beyond by showcasing their works in its permanent collection, which features pieces from both national and international artists.
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Impact
July, 2024
The Art Center Association of Sioux City significantly impacts its community by promoting the arts and fostering creativity through educational programs, artistic skill development, and a variety of cultural experiences. Additionally, the organization supports local and regional artists by showcasing their work in its permanent collection, which includes pieces by both national and international artists. Through its dedicated efforts, The Art Center Association of Sioux City enriches the cultural landscape of Iowa and the greater Midwest, making art more accessible and appreciated by a wider audience.
This information is meant to be a general summary of The Art Center Association Of Sioux City. 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 2024.
- Investment Income: $221,390
- Program Service Revenue: $47,939
- Gross Receipts: $1,646,442
Assets and Liabilities:
- Total Assets: $7,141,259
- Total Liabilities: $78,971
- Net Assets: $7,062,288
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EXHIBITION
Revenue
$1,463
EDUCATION
Revenue
$46,476
Organization Details
Founding Year
1987
Principal Officer
Richard Roth
NTEE Category
Code: A03 - Arts
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