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Lpd Brooklyn Arts Foundation

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

EIN: 460779077 ✦ Wellington, FL ✦ Designated as a 501(c)(3)

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Overview

What is Lpd Brooklyn Arts Foundation?

The Lpd Brooklyn Arts Foundation, located in Wellington, Florida, is a dedicated community group that focuses on promoting and supporting local Black artists. They achieve this by organizing art shows and selling the artists' works. The proceeds from these sales, after covering their own expenses, are returned to the artists, thereby providing them with financial aid. The foundation operates on a volunteer basis, with all its members working without compensation. Their mission is to raise community awareness about these talented artists and contribute to their well-being.

Is Lpd Brooklyn Arts Foundation legitimate?

Lpd Brooklyn Arts Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lpd Brooklyn Arts Foundation 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: $0

For more financial information, click here

What is the mission statement of Lpd Brooklyn Arts Foundation?

The Lpd Brooklyn Arts Foundation's mission is centered around promoting Black artists within the community. They achieve this by organizing art shows, serving as a platform to showcase local talent. Post-event expenses, the foundation distributes the proceeds from the sale of the artists' works, providing them with a financial boost. Operating as a volunteer-led and unpaid community group, the foundation's primary goal is to support and uplift the artistic community it serves.

Who is the CEO of Lpd Brooklyn Arts Foundation?

Jennifer A Stewart is the Pres of Lpd Brooklyn Arts Foundation.

What is the revenue of Lpd Brooklyn Arts Foundation?

Lpd Brooklyn Arts Foundation's revenue in 2022 was $95,192.

Who are the executives of Lpd Brooklyn Arts Foundation and what are their salaries?


There is 1 key member and their salary:


Jennifer A Stewart (Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lpd Brooklyn Arts Foundation?

Lpd Brooklyn Arts Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lpd Brooklyn Arts Foundation

The Lpd Brooklyn Arts Foundation, a volunteer-driven community group, is dedicated to promoting the works of local Black artists in Brooklyn. Their mission is achieved primarily through art shows, which serve to raise awareness about these talented individuals within the community. By hosting these events, the foundation offers a platform for these artists to showcase their creations and reach a wider audience. Moreover, the sales of these consigned artworks provide a substantial financial aid to these artists. After covering their own expenses, the foundation ensures that a significant portion of the proceeds from the sales is returned to the artists, thereby supporting their creative endeavors and contributing to their financial stability. In essence, the Lpd Brooklyn Arts Foundation is committed to uplifting the voices and talents of Black artists in Brooklyn, providing them with opportunities to showcase their work and earn a living from their passion.

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Impact




October, 2024

Lpd Brooklyn Arts Foundation significantly uplifts the local community by promoting Black artists in Brooklyn through the sale of their artworks. By organizing art shows, the foundation raises awareness of the talents within the neighborhood and facilitates a platform for artists to showcase and sell their work. The financial support generated from art sales directly benefits these artists, allowing them to recover out-of-pocket expenses while providing them with essential financial aid.

Through its volunteer-driven efforts, Lpd not only empowers individual artists but also enriches the artistic landscape of Brooklyn, fostering a sense of community and appreciation for Black artistry. The foundation plays a vital role in ensuring that the voices and creativity of local Black artists are recognized and celebrated, creating a more inclusive art scene.




This information is meant to be a general summary of Lpd Brooklyn Arts Foundation. 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
$95,192 (2022)
Expenses
$94,586 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $95,192

Assets and Liabilities:

  • Total Assets: $22,898
  • Total Liabilities: $0
  • Net Assets: $22,898

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Organization Details

Founding Year

2012

Principal Officer

Jennifer A Stewart

Main Address

co WILLNER CPA 561 Rambling Dr Cir, Wellington, FL, 33414

NTEE Category

Code: A26 - Arts

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