Overview
What is Oz Arts Inc?
Oz Arts Inc, established as a 501(c)(3) contemporary arts institution in Nashville, Tennessee, has significantly transformed the local cultural landscape. By leveraging its flexible venue, Oz Arts showcases the work of renowned artists worldwide, providing an intimate setting for performing and visual art programs. This stimulating environment challenges and inspires a diverse array of curious audiences. Oz Arts also serves as a catalyst for local creativity, supporting Nashville-based artists in unconventional, cross-disciplinary collaborations. By presenting these innovative artists alongside esteemed global figures, local talent has the opportunity to create and showcase original work, highlighting the rich artistic talent within the city. The organization employs a team of eight individuals.
Official website here: www.ozartsnashville.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Oz Arts Inc has received a two-star rating from Charity Navigator, indicating areas where the organization can enhance its performance. With an overall score of 73%, it demonstrates strengths in governance, particularly with a 90% independent board and solid financial audit practices. However, the lack of a whistleblower policy and missing documents like the tax form on its website raise concerns about transparency and accountability.
The organization maintains a favorable liabilities to assets ratio at 10.02%, signifying financial stability. Its program expense ratio is at 57.90%, which suggests that over half of its expenses are directed toward program services. However, this score is relatively low for program expenses, indicating a possible need for improvement in how funds are allocated towards mission-driven activities.
While Oz Arts Inc has established a strong governance structure, the gaps in essential policies and documentation could hinder its credibility and operational effectiveness. Addressing these issues would not only enhance its accountability but also improve its overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Oz Arts Inc legitimate?
Oz Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oz Arts 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: $415,908
Professional Fundraising Fees: $0
Other Salaries and Wages: $378,390
For more financial information, click here
Official website here: www.ozartsnashville.org
What is the mission statement of Oz Arts Inc?
Oz Arts Inc's mission is to support leading artists in the creation, development, and presentation of significant performing and visual art works. This non-profit organization aims to influence the advancement of their field by showcasing these artists' contributions. Located in a flexible venue, Oz Arts presents performances and visual art programs that challenge and inspire a diverse audience. The institution also serves as a catalyst for local creativity, supporting Nashville-based artists in unexpected, cross-disciplinary collaborations. Local artists are given an opportunity to create and develop original work alongside renowned artists, highlighting the talent within the city.
Official website here: www.ozartsnashville.org
Who is the CEO of Oz Arts Inc?
Murat Ozgener Non-Voting is the CEO of Oz Arts Inc The CEO's salary of Oz Arts Inc is $178,000 and their total compensation is $205,053.
Official website here: www.ozartsnashville.org
What is the revenue of Oz Arts Inc?
Oz Arts Inc's revenue in 2023 was $1,699,513.
Official website here: www.ozartsnashville.org
Who are the executives of Oz Arts Inc and what are their salaries?
The average compensation at Oz Arts Inc during 2023 was $79,430. There are 10 employees and 35 volunteers at Oz Arts Inc.
Here are 22 key members and their salaries (Oz Arts Inc's CEO's salary is $178,000 and their total compensation is $205,053):
- Compensation: $200,000
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- Other: $9,293
- Compensation: $178,000
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- Other: $27,053
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Official website here: www.ozartsnashville.org
Where can I find the form 990 for Oz Arts Inc?
Oz Arts Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ozartsnashville.org
Learn more at the official website: www.ozartsnashville.org
Mission Statement of Oz Arts Inc
Oz Arts Inc, as a contemporary arts institution, is dedicated to supporting the creation, development, and presentation of significant performing and visual art works by leading artists. This organization's mission influences the advancement of various artistic fields, by providing a platform for renowned artists from around the globe to showcase their works. By leveraging the flexibility of its venue, Oz Arts presents a diverse range of performances and visual art programs that challenge and inspire curious audiences. The institution also serves as a catalyst for local creativity, supporting Nashville-based artists in cross-disciplinary collaborations. These local artists are offered an opportunity to create and develop original work, highlighting the immense talent within their own city, alongside some of the most acclaimed artists in the world.
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Impact
July, 2024
Oz Arts Inc has significantly impacted the cultural landscape of Nashville and Middle Tennessee by transforming it into a hub for cutting-edge performing and visual arts. Through its dynamic programming, Oz Arts brings the work of leading artists from around the world to a diverse audience, challenging and inspiring them in an intimate setting. Additionally, Oz Arts serves as a catalyst for local creativity by fostering collaborations among Nashville-based artists, providing them with a platform to showcase their talent alongside acclaimed international artists. This unique approach not only enriches the local arts scene but also highlights the incredible talent within the city.
This information is meant to be a general summary of Oz Arts 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 2023.
- Investment Income: $6,562
- Program Service Revenue: $253,577
- Gross Receipts: $1,826,195
Assets and Liabilities:
- Total Assets: $1,496,568
- Total Liabilities: $121,772
- Net Assets: $1,374,796
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERFORMANCE REVENUE
Revenue
$216,199
FOOD, BEVERAGE AND OTH
Revenue
$37,378
Organization Details
Founding Year
2013
Principal Officer
Mark Murphy
Website
www.ozartsnashville.orgNTEE Category
Code: A20 - Arts
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