Overview
What is Living Arts International Inc?
Living Arts International Inc (LAI) is a nonprofit organization based in New York, New York, with a single employee. Their primary mission is to foster cultural initiatives that contribute to a peaceful and sustainable future, leveraging the living arts as a catalyst for change. LAI began in Cambodia, shaped by its post-conflict background, and has since expanded to incubate cultural development in the Mekong region and the global south. Through small grants, training, scholarships, and leadership development for artists, LAI supports new projects and creative work. Additionally, LAI organizes artistic and cultural events, such as performances and festivals, and is currently working on a project to democratize access to cultural heritage through technological innovation, involving global south communities.
Official website here: www.livingartsinternational.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
Living Arts International Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and financial health. This rating is derived entirely from its performance in the Accountability & Finance category, where the organization excels, demonstrating strong governance practices and transparency.
The organization features a fully independent board composed of ten members, and it has established comprehensive policies on conflict of interest and whistleblower protections. Additionally, Living Arts International Inc has shown a commendable commitment to financial integrity, evidenced by a low liabilities-to-assets ratio and a healthy program expense ratio of nearly 73%, indicating that a significant portion of its funds is directed towards its programs.
Despite these strengths, the rating is based solely on one category, which may limit insights into other critical areas such as Impact or Innovation. Still, the organization’s robust accountability measures and financial management suggest a trustworthy operation dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Living Arts International Inc legitimate?
Living Arts International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Living Arts International Inc 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: $109,853
Professional Fundraising Fees: $0
Other Salaries and Wages: $145,258
For more financial information, click here
Official website here: www.livingartsinternational.org
What is the mission statement of Living Arts International Inc?
Living Arts International (LAI) aims to foster cultural initiatives that contribute to a peaceful and sustainable future. Utilizing the living arts as a catalyst for change, LAI incubates projects that promote this goal. Originating from Cambodia, LAI has a grassroots, post-conflict background and has spawned programs that foster cultural development in the Mekong region and beyond. The organization is currently embarking on a significant project to incorporate global South communities into global efforts to democratize access to cultural heritage through technological innovation.
Official website here: www.livingartsinternational.org
Who is the CEO of Living Arts International Inc?
Phloeun Prim is the Executive Director of Living Arts International Inc.
Official website here: www.livingartsinternational.org
What is the revenue of Living Arts International Inc?
Living Arts International Inc's revenue in 2022 was $753,972.
Official website here: www.livingartsinternational.org
Who are the executives of Living Arts International Inc and what are their salaries?
The average compensation at Living Arts International Inc during 2022 was $255,111. There is 1 employee and 13 volunteers at Living Arts International Inc.
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- Compensation: $127,237
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Official website here: www.livingartsinternational.org
Where can I find the form 990 for Living Arts International Inc?
Living Arts International Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.livingartsinternational.org
Learn more at the official website: www.livingartsinternational.org
Mission Statement of Living Arts International Inc
Living Arts International (LAI) is a non-profit organization that aims to foster peaceful and sustainable futures through cultural initiatives. Utilizing the living arts as a catalyst for change, LAI incubates various cultural projects that contribute positively to society. With its roots in Cambodia, LAI has evolved into a grassroots organization that has spun off programs promoting cultural development, particularly in the Mekong region and the global south. LAI is now embarking on an ambitious project, seeking to democratize access to cultural heritage globally. This project leverages technological innovation, bringing communities from the global south into the forefront of global efforts to ensure equitable access to cultural heritage.
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Impact
July, 2024
Living Arts International Inc's impact is evident in its cultivation of cultural initiatives that pave the way for a peaceful and sustainable future. By harnessing the power of living arts as a catalyst for change, this organization, based in New York, has successfully fostered creativity and inspiration within Cambodia's vibrant arts sector. Through programs like Cambodian Living Arts (CLA), Living Arts International Inc provides crucial support to local artists, offering grants, training, scholarships, and leadership development opportunities. Additionally, the organization organizes artistic and cultural events, such as performances and festivals, that showcase and celebrate the richness of Cambodian artistry.
Living Arts International Inc's mission is to not only empower artists in Cambodia but also to expand its impact across the Mekong region and the global south. By championing cultural development and democratizing access to cultural heritage through technological innovation, Living Arts International Inc is at the forefront of advancing the arts as a force for positive change in communities worldwide. Through its grassroots and post-conflict roots, this organization is driving meaningful transformations that transcend borders and empower individuals to shape a brighter future through the power of the arts.
This information is meant to be a general summary of Living Arts International Inc. 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: $7
- Program Service Revenue: $61,769
- Gross Receipts: $753,972
Assets and Liabilities:
- Total Assets: $1,476,603
- Total Liabilities: $862,018
- Net Assets: $614,585
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE INCOME
Revenue
$61,769
Organization Details
Founding Year
2011
Phone
(212) 354-6510Principal Officer
Phloeun Prim
Main Address
228 PARK AVE S 49331, NEW YORK, NY, 10003
NTEE Category
Code: A60 - Arts
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