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Baltimore Arts Realty Corporation

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

EIN: 461134776 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

Overview

What is Baltimore Arts Realty Corporation?

Baltimore Arts Realty Corporation is a 501(c)(3) nonprofit organization, headquartered in Baltimore, Maryland. Established with a mission to support artists and small arts organizations, the corporation acquires, develops, manages, and leases real estate in economically marginal or commercially undervalued areas of the city. In 2013, they expanded their operations by purchasing two properties for future use, aiming to lease space at significantly lower rates than comparable commercial properties. Currently, these buildings are operational and serve this purpose. With a workforce of 16 individuals, Baltimore Arts Realty Corporation has become a vital resource for the local arts community in Baltimore.


Official website here: www.baltimoreartsrealty.com

Is Baltimore Arts Realty Corporation legitimate?

Baltimore Arts Realty Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baltimore Arts Realty Corporation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $302,698

For more financial information, click here


Official website here: www.baltimoreartsrealty.com

What is the mission statement of Baltimore Arts Realty Corporation?

The Baltimore Arts Realty Corporation is a non-profit organization, established with a 501(c)(3) status, dedicated to acquiring, developing, managing, and leasing real estate to support artists and small arts organizations. The corporation's primary focus is on areas of the city that are economically marginal or commercially undervalued, with the aim of serving this community during the acquisition and development of property in these areas. The mission of Baltimore Arts Realty Corporation is to contribute to the artistic community by providing them with the necessary real estate resources, thereby fostering artistic growth and development in economically challenging areas.


Official website here: www.baltimoreartsrealty.com

Who is the CEO of Baltimore Arts Realty Corporation?

Leon F Pinkett Iii is the Director of Baltimore Arts Realty Corporation.


Official website here: www.baltimoreartsrealty.com

What is the revenue of Baltimore Arts Realty Corporation?

Baltimore Arts Realty Corporation's revenue in 2022 was $4,113,017.


Official website here: www.baltimoreartsrealty.com

Who are the executives of Baltimore Arts Realty Corporation and what are their salaries?

The average compensation at Baltimore Arts Realty Corporation during 2022 was $23,606. There are 16 employees and 7 volunteers at Baltimore Arts Realty Corporation.

Here are 8 key members and their salaries:

    Leon F Pinkett Iii (Executive Di) [Trustee/Director]
  • Compensation: $75,000
  • Related: $0
  • Other: $0

    • Sean Closkey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leslie King Hammond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Lane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sonja Cendak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Skipp Sanders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Vey (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarsfield Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.baltimoreartsrealty.com

    Where can I find the form 990 for Baltimore Arts Realty Corporation?

    The Baltimore Arts Realty Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.baltimoreartsrealty.com

    Learn more at the official website: www.baltimoreartsrealty.com

    Mission Statement of Baltimore Arts Realty Corporation

    Baltimore Arts Realty Corporation, as a 501(c)(3) organization, was established with a mission to serve artists and small arts organizations in Baltimore. The corporation's primary focus is on acquiring, developing, managing, and leasing real estate in economically marginal or commercially undervalued areas of the city. By operating in these areas, Baltimore Arts Realty Corporation aims to support these artistic communities and provide them with the necessary resources to thrive. This non-profit corporation's mission is crucial in revitalizing underdeveloped areas of the city, making it an essential player in Baltimore's cultural scene.

    Impact

    This information is meant to be a general summary of Baltimore Arts Realty Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Baltimore Arts Realty Corporation has a significant impact on the arts community in Baltimore. By acquiring, developing, managing, and leasing real estate specifically for artists and small arts organizations, they provide much-needed affordable space for creative individuals and groups. Their focus on economically marginal or undervalued areas of the city helps to revitalize these communities and promote the arts as a catalyst for positive change. Through their efforts, the organization plays a crucial role in supporting and nurturing Baltimore's vibrant arts scene.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $5,085,652

    • Assets and Liabilities:
  • Total Assets: $15,490,869
  • Total Liabilities: $261,521
  • Net Assets: $15,229,348
  • Organization Details

    Founding Year

    2012

    Principal Officer

    Leon F Pinkett Iii

    Main Address

    2519 NORTH CHARLES STREET, BALTIMORE, MD, 212184602

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Baltimore Arts Realty Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.