Overview
What is Grand Central Atelier Inc?
Grand Central Atelier Inc, located in Ridgewood, New York, is a dedicated nonprofit organization devoted to the academic study and practice of figurative drawing, painting, and sculpture. The institution offers a comprehensive, four-year, unaccredited academic program, catering to international students on M-1 visas for up to three years. In addition to the comprehensive program, Grand Central Atelier provides continuing education through year-round evening and weekend classes, which transitioned online in response to COVID-19 conditions. During the summer, the organization hosts workshops lasting between 3 and 20 days, with a few landscape painting workshops held outdoors. Furthermore, it offers shared studios and resources for graduates of its program, aiding them in establishing their professional careers. Beyond its educational initiatives, the atelier sponsors lectures, artistic competitions, and exhibitions to promote and celebrate contemporary talents working in classically inspired representation. Its mission is to educate the public about classical art, fostering an appreciation for its timeless beauty and enduring influence.
Official website here: www.grandcentralatelier.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Grand Central Atelier Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization achieved an overall score of 81%, primarily based on its Accountability & Finance metrics. The evaluation reflects a commitment to transparency, demonstrated by an independent board and comprehensive financial oversight practices.
The nonprofit excels in several areas, including having 100% independent board members and a robust conflict of interest policy. Its program expense ratio of 79.23% indicates a strong focus on programmatic spending relative to total expenses, which is a positive sign for potential donors looking for effective use of funds. Additionally, the organization has implemented several essential policies, such as whistleblower and document retention policies, which further emphasize its operational integrity.
However, the organization does face some challenges, as evidenced by its liabilities to assets ratio of 93.28%, which received no points in the rating. This high ratio may suggest potential financial vulnerabilities that merit consideration by donors and stakeholders. Overall, while Grand Central Atelier Inc demonstrates strong governance and financial practices, it may need to address its financial ratio to enhance its stability and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Grand Central Atelier Inc legitimate?
Grand Central Atelier Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand Central Atelier 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: $133,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $633,362
For more financial information, click here
Official website here: www.grandcentralatelier.org
What is the mission statement of Grand Central Atelier Inc?
Grand Central Atelier Inc, as a collaborative workspace, is dedicated to the study and practice of figurative drawing, painting, and sculpture. They provide rigorous training to artists through academic programs, resident artist studios, exhibitions, lectures, artistic competitions, and fellowships. The organization aims to promote and celebrate contemporary talents working in classical, representationally inspired art. To achieve this, they sponsor lectures, artistic competitions, and exhibitions, educating the public about the traditional art form. Their academic programs include a four-year, unaccredited program in classical drawing, painting, and sculpture, as well as continuing education classes and summer workshops. In response to COVID-19, their classes moved online, and a handful of summer workshops in landscape painting are held outdoors. Graduates of their program are offered shared studios and resources to help them establish their professional careers.
Official website here: www.grandcentralatelier.org
Who is the CEO of Grand Central Atelier Inc?
Justine Kalb is the Chairman / Treasurer of Grand Central Atelier Inc.
Official website here: www.grandcentralatelier.org
What is the revenue of Grand Central Atelier Inc?
Grand Central Atelier Inc's revenue in 2022 was $1,436,942.
Official website here: www.grandcentralatelier.org
Who are the executives of Grand Central Atelier Inc and what are their salaries?
The average compensation at Grand Central Atelier Inc during 2022 was $27,397. There are 28 employees and 8 volunteers at Grand Central Atelier Inc.
Here are 9 key members and their salaries:
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- Compensation: $100,843
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- Other: $29,150
Official website here: www.grandcentralatelier.org
Where can I find the form 990 for Grand Central Atelier Inc?
Grand Central Atelier Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.grandcentralatelier.org
Learn more at the official website: www.grandcentralatelier.org
Mission Statement of Grand Central Atelier Inc
Grand Central Atelier Inc, a collaborative workspace dedicated to figurative drawing, painting, and sculpture, aims to foster the academic tradition in these art forms. Their mission extends beyond providing a studio space; they offer rigorous training, exhibitions, lectures, artistic competitions, and fellowships. These initiatives serve to educate the public about classically inspired art. The organization strives to promote and celebrate contemporary talents working in representational modes, organizing lectures, competitions, and exhibitions to showcase their work. In essence, Grand Central Atelier Inc seeks to uphold and celebrate the timeless beauty of classic art while nurturing the next generation of artists.
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Impact
July, 2024
Grand Central Atelier Inc has a significant impact on the art community by providing a collaborative workspace for the study and practice of figurative drawing, painting, and sculpture. Through rigorous training, resident artist studios, exhibitions, lectures, artistic competitions, and fellowships, the studio advances the academic tradition in the arts.
The academic programs offered by Grand Central Atelier Inc, including a full-time, four-year unaccredited program in classical drawing, painting, and sculpture, attract both local and international students seeking to hone their artistic skills. Additionally, the organization provides continuing education through year-round classes, online courses, and summer workshops, catering to artists at different stages of their careers.
By sponsoring lectures, artistic competitions, and exhibitions, Grand Central Atelier Inc aims to educate the public about classic art forms and promote contemporary talents working in classically inspired representational modes. This commitment to preserving and celebrating traditional artistic techniques contributes to the enrichment of artistic discourse and the preservation of a cultural heritage.
This information is meant to be a general summary of Grand Central Atelier 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: $7,957
- Program Service Revenue: $1,210,370
- Gross Receipts: $1,436,942
Assets and Liabilities:
- Total Assets: $1,022,176
- Total Liabilities: $588,477
- Net Assets: $433,699
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & REGISTRATION
Revenue
$1,208,692
COMMISSIONS
Revenue
$1,053
STUDIO RENTAL
Revenue
$625
Organization Details
Founding Year
2013
Phone
(718) 361-6357Principal Officer
Justine Kalb
Main Address
15-19 DECATUR STREET 201, RIDGEWOOD, NY, 11385
Website
www.grandcentralatelier.orgNTEE Category
Code: A25 - Arts
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