Overview
What is Radiant Hall Studios?
Radiant Hall Studios is a nonprofit organization situated in Pittsburgh, Pennsylvania, with a specific focus on supporting artists. Set at 4514 Plummer Street, this organization provides cost-effective office or studio spaces, aiding at least 93 artists in 2022 alone. Their mission is to establish and preserve studio environments for artists, fostering their creative pursuits. Radiant Hall Studios' activities encompass more than just providing spaces; they also contribute to the artistic community, assisting a substantial number of artists each year. The organization employs a modest team of eight individuals, dedicated to nurturing the artistic scene in Pittsburgh.
Official website here: www.radianthall.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (62%, Two-Star out of Four Star rating)
Radiant Hall Studios has received a Two-Star rating from Charity Navigator, indicating that there are some areas needing improvement. The organization has a solid score for accountability and finance, achieving 62%. Notably, the board is composed entirely of independent members, and they score well in areas like financial statements and oversight. However, the rating highlights some significant weaknesses, including the absence of a whistleblower policy and the lack of transparency regarding its tax form on the website.
The organization also faces challenges in financial management, with a liabilities to assets ratio of 76.08%, which can be a concern for its overall financial health. Additionally, the program expense ratio stands at 58.33%, suggesting that a smaller portion of its expenses is directed towards program services compared to administrative costs. This could affect the organization's effectiveness and sustainability in delivering its mission.
Overall, while Radiant Hall Studios shows strengths in governance and board independence, it must address its financial disclosures and policies to improve its standing and operational effectiveness. The noted areas of concern should be prioritized for improvement to enhance transparency and accountability to its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Radiant Hall Studios legitimate?
Radiant Hall Studios is a legitimate nonprofit organization registered as a 501(c)(3) entity. Radiant Hall Studios 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: $129,739
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,436
For more financial information, click here
Official website here: www.radianthall.org
What is the mission statement of Radiant Hall Studios?
Radiant Hall Studios is committed to establishing and maintaining conducive studio environments for artists. Their mission is to provide these spaces at an affordable cost, supporting a diverse range of artists in 2022, numbering at least 93 individuals. The organization's primary goal is to foster an artistic community, ensuring artists have the necessary resources to thrive and expand their creative pursuits.
Official website here: www.radianthall.org
What is the revenue of Radiant Hall Studios?
Radiant Hall Studios's revenue in 2023 was $628,587.
Official website here: www.radianthall.org
Who are the executives of Radiant Hall Studios and what are their salaries?
The average compensation at Radiant Hall Studios during 2023 was $24,739. There are 7 employees and 10 volunteers at Radiant Hall Studios.
Here are 14 key members and their salaries:
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- Compensation: $61,591
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Official website here: www.radianthall.org
Where can I find the form 990 for Radiant Hall Studios?
Radiant Hall Studios's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.radianthall.org
Learn more at the official website: www.radianthall.org
Mission Statement of Radiant Hall Studios
Radiant Hall Studios, a nonprofit organization, is committed to creating and preserving studio environments for artists. This mission is exemplified in their work by providing low-cost office or studio space to support a diverse group of at least 93 artists in 2022. By offering such resources, Radiant Hall Studios aims to foster an artistic community where creators can thrive and develop their crafts.
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Impact
July, 2024
Radiant Hall Studios has had a significant impact on the art community in Pittsburgh, PA by providing low-cost office and studio space for artists. In 2022 alone, the program assisted at least 93 artists, enabling them to have a dedicated space to create and showcase their work. This support helps artists thrive and contribute to the local art scene, ultimately enriching the cultural landscape of the city.
This information is meant to be a general summary of Radiant Hall Studios. 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.
- Gross Receipts: $628,587
Assets and Liabilities:
- Total Assets: $662,537
- Total Liabilities: $504,103
- Net Assets: $158,434
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Organization Details
Founding Year
2014
Principal Officer
Marina Balko
Website
www.radianthall.orgNTEE Category
Code: A90 - Arts
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